At the start of trading on Monday, Dubai’s real estate market recorded the sale of an under-construction apartment within the Bulgari Lighthouse project in the Island 2 area for AED 146 million, according to data from Dubai REST. The apartment’s total area is 11,656 square feet, with a price tag of AED 12,576 per square foot.
Real estate sales reached AED 1 billion within hours, resulting from 329 transactions.