AED 10,000,000 Below Original Price: Bugatti Residences by Binghatti | 2BR + Study | Burj Khalifa View | AED 16,000,000
Distressed Resale | Original Price AED 26,000,000 | Selling Price AED 16,000,000 | 4,100 sq.ft Total Area | 3,110 sq.ft Internal | Burj Khalifa View | Business Bay
The cheapest unit currently available in Bugatti Residences by Binghatti — a distressed resale at AED 16,000,000, a full AED 10,000,000 below the original purchase price of AED 26,000,000. This 2-bedroom plus study unit spans 4,100 sq.ft of total area with 3,110 sq.ft of internal living space, positioned with a Burj Khalifa view, in one of Dubai’s most talked-about branded residential developments — the world’s first residential collaboration with the Bugatti automotive marque. For a buyer who wants entry into Bugatti Residences at the lowest cost basis currently available in the project, this distressed sale represents a genuinely significant discount to original price.
Property Highlights
- Project: Bugatti Residences by Binghatti
- Location: Business Bay, Dubai
- Type: 2 Bedroom + Study
- Total Area: 4,100 sq.ft
- Internal Area: 3,110 sq.ft
- External/Terrace Area: Approximately 990 sq.ft
- View: Burj Khalifa
- Original Price: AED 26,000,000
- Selling Price: AED 16,000,000
- Reduction from Original Price: AED 10,000,000 (approximately 38.5%)
- Price per sq.ft (Total Area): Approximately AED 3,902/sq.ft
- Price per sq.ft (Internal Area): Approximately AED 5,145/sq.ft
- Developer: Binghatti, in collaboration with Bugatti
- Status: Distressed — Under Construction
- USP: Cheapest unit currently available in Bugatti Residences by Binghatti
AED 10,000,000 Below Original Price — Understanding This Distressed Sale
This listing centres on a verifiable and substantial price reduction rather than a generic market positioning claim, and it is worth understanding clearly:
- Original purchase price: AED 26,000,000 — the price originally paid by the current owner at the time of purchase from the developer
- Current selling price: AED 16,000,000 — the distressed asking price now being offered
- The reduction: AED 10,000,000, or approximately 38.5% below the original purchase price
- Why this matters: a reduction of this scale on a single, identifiable unit is a different and more verifiable claim than a general “lowest price in the building” assertion — the original price and the current asking price are both specific, fixed figures that a buyer can validate against the seller’s original purchase documentation during due diligence
- What distressed typically means: the current owner is motivated to exit the position significantly below their original cost basis, whether due to financial circumstances, a change in investment strategy, or other personal factors. For a buyer, this creates an opportunity to acquire branded, ultra-luxury Business Bay product at a meaningfully lower entry cost than the original market would have supported
- Buyers should conduct standard due diligence to verify the original purchase price and current payment plan status as part of any transaction
Bugatti Residences by Binghatti — The World’s First Bugatti-Branded Residential Development
Bugatti Residences by Binghatti is a genuinely distinctive development within Dubai’s branded residence market — and understanding what that branding means is central to understanding this unit’s value:
- The collaboration — Bugatti Residences is the result of a partnership between Binghatti Developers, one of Dubai’s most prominent and prolific developers, and Bugatti, the French ultra-luxury automotive marque renowned for its hypercars. This is described as the first residential development of its kind carrying the Bugatti name
- Design language — the building’s architecture, described as a “hyperform,” takes direct inspiration from the aerodynamic curves and fluid lines of Bugatti’s car designs, combined with French Riviera-inspired architectural themes. The facade and interior detailing are intended to translate automotive design precision into a residential setting
- Scale and composition — the project comprises two towers rising approximately 52 storeys, with a total of 182 units split between the Riviera Mansion Collection (171 units) and the more exclusive Sky Mansion Penthouse Collection (11 units). Each residence in the Riviera Mansion Collection is named after a celebrated Riviera destination — this 2-bedroom + study configuration corresponds to the published “Cannes” unit type within that collection
- Branded residence premium — branded residences in Dubai consistently command a premium over comparable non-branded developments in the same location, driven by the global recognition of the partner brand, the design distinctiveness it brings, and the additional buyer confidence that an internationally recognised name provides — particularly relevant for international buyers less familiar with Dubai’s broader developer landscape
- Materials and interiors — published specifications for the development describe premium material use throughout, including Calacatta gold detailing, fluted wood, brushed and polished chrome, and Sodalite marble, alongside bespoke Bugatti-designed furniture incorporating the brand’s signature design motifs
2 Bedroom + Study — The Cannes Collection Configuration
This unit’s configuration aligns with the published specification for the Riviera Mansion Collection’s “Cannes” unit type — Bugatti Residences’ 2-bedroom apartment offering:
- Study room — a dedicated additional room beyond the two bedrooms, suited to a home office, a private study, or a flexible additional space, distinguishing this configuration from a standard 2-bedroom layout
- Published collection specification — the Cannes collection is documented in Bugatti Residences’ published unit specifications as including a private pool and a housekeeping or study room as part of the standard configuration for this unit type. Buyers should confirm the exact specification and inclusions for this specific unit during the viewing and due diligence process
- His and her walk-in wardrobes, staff room, and jacuzzi — published layout specifications for the development’s units in this size range typically include separate his and her walk-in closets, a dedicated staff room, a laundry room, and a jacuzzi as part of the standard luxury specification
4,100 Sq.ft Total Area vs 3,110 Sq.ft Internal Area — Understanding the Difference
The gap between the total area (4,100 sq.ft) and the internal area (3,110 sq.ft) — approximately 990 sq.ft — is a meaningful specification point worth understanding:
- The internal area represents the enclosed, air-conditioned living space — the bedrooms, study, living and dining areas, kitchen, and bathrooms
- The remaining approximately 990 sq.ft of total area is external space — most likely substantial terrace or balcony area, consistent with published specifications for Bugatti Residences units that describe spacious terraces with private pools as a defining feature of the development’s Riviera-inspired design
- For a unit of this calibre, expansive outdoor terrace space is not incidental — it is a primary lifestyle feature, providing space for a private pool, outdoor lounging, and entertaining with direct views over the Dubai skyline
- This combination of generous internal living space plus substantial private outdoor terrace area is a defining characteristic of the Riviera Mansion Collection’s design approach
Burj Khalifa View
The Burj Khalifa view from this unit is a permanent and highly sought-after visual asset:
- Bugatti Residences’ published specifications highlight expansive floor-to-ceiling glazing throughout the development, specifically designed to capture views of the Dubai skyline including the Burj Khalifa
- A Burj Khalifa view is one of the most consistently valued view orientations in Dubai’s luxury residential market — the world’s tallest building is a permanent, unmistakable visual landmark that anchors the skyline view from any unit oriented towards it
- This view, combined with the unit’s substantial terrace area, supports a premium outdoor living and entertaining experience overlooking one of the world’s most recognised skylines
About Business Bay
Business Bay is one of Dubai’s most centrally located and dynamically developing districts, positioned immediately adjacent to Downtown Dubai and the Burj Khalifa. The area combines commercial towers, luxury residential developments, and waterfront promenades along the Dubai Water Canal, with direct connectivity to Sheikh Zayed Road and Dubai’s wider business and leisure infrastructure.
Location and Lifestyle
- Direct proximity to Downtown Dubai, Dubai Mall, and the Burj Khalifa
- Business Bay Metro Station within the district
- Dubai Water Canal waterfront promenade
- Sheikh Zayed Road (E11): direct access
- Extensive dining, retail, and entertainment options throughout Business Bay and neighbouring Downtown Dubai
Amenities (Bugatti Residences by Binghatti)
Published amenities for Bugatti Residences include:
- Private pool (unit-specific, per Riviera Mansion Collection specification)
- Riviera-inspired beach club and water features
- Infinity pool with skyline views
- Fitness centre, gymnasium, and sauna
- Wellness retreat and spa
- Butler and concierge services
- VIP lounge
- Car lift access (specification varies by unit type)
- Landscaped gardens and outdoor spaces
- Smart home systems throughout
- Private parking
Layout and Floor Plan
This 2-bedroom + study unit at Bugatti Residences spans 4,100 sq.ft of total area, comprising 3,110 sq.ft of internal living space and approximately 990 sq.ft of external terrace area. The layout aligns with the published Cannes collection specification within the Riviera Mansion Collection, typically including: an open plan living and dining area, a fully fitted kitchen, two bedrooms with en-suite bathrooms and walk-in wardrobes, a dedicated study room, a staff room, a laundry room, a jacuzzi, and an expansive terrace with private pool. Exact room configuration and confirmed unit specification available on request or during a private viewing.
Payment and Transfer
This is a distressed resale at AED 16,000,000, representing a reduction of AED 10,000,000 from the original purchase price of AED 26,000,000.
- Original Price: AED 26,000,000
- Selling Price: AED 16,000,000
- Status: Under construction — resale of an existing reservation
- DLD Transfer Fee: Approximately 4% (c. AED 640,000), plus applicable developer NOC and registration fees for an off-plan resale
- Remaining Payment Plan: Buyer to assume the remaining instalments under the original developer payment plan; full payment plan schedule available on request
- Total all-in (transfer costs only): Approximately AED 16,640,000+ before remaining instalments
- Mortgage: Subject to bank and developer policy on off-plan resale financing
Location and Connectivity
- Sheikh Zayed Road (E11): Direct access from Business Bay
- Downtown Dubai and Burj Khalifa: Immediately adjacent
- Dubai Mall: Approximately 5–10 minutes by car
- Business Bay Metro Station: Within the district
- Dubai International Airport (DXB): Approximately 15–20 minutes by car
- Dubai Marina and JBR: Approximately 20–25 minutes by car
- Al Maktoum International Airport (DWC): Approximately 35–40 minutes by car
Why Acquire This Unit at AED 16,000,000
- Cheapest unit currently available in Bugatti Residences by Binghatti — a verifiable AED 10,000,000 reduction from the AED 26,000,000 original purchase price
- The world’s first Bugatti-branded residential development — a globally distinctive address with strong brand recognition
- 2 bedroom + study configuration aligned with the published Cannes collection specification, including a private pool and premium finishes
- 4,100 sq.ft total area with substantial private terrace space — approximately 990 sq.ft beyond the internal footprint
- Burj Khalifa view — a permanent, globally recognised visual landmark
- Business Bay location — immediately adjacent to Downtown Dubai with direct Sheikh Zayed Road access
- Freehold ownership available to all nationalities, with Golden Visa eligibility at this investment level
Frequently Asked Questions (FAQs)
Is this really AED 10,000,000 below the original price?
The original purchase price for this unit was AED 26,000,000. The current distressed selling price is AED 16,000,000 — a reduction of AED 10,000,000, approximately 38.5% below the original price. Buyers are encouraged to verify the original purchase documentation as part of standard due diligence.
What is Bugatti Residences by Binghatti?
The world’s first residential development carrying the Bugatti name — a collaboration between Binghatti Developers and the French luxury automotive marque Bugatti. The project comprises two towers of approximately 52 storeys in Business Bay, with 182 units across the Riviera Mansion Collection and Sky Mansion Penthouse Collection, featuring Bugatti-inspired architecture and bespoke interiors.
What does the 2 Bedroom + Study configuration include?
This configuration corresponds to the published “Cannes” unit type within the Riviera Mansion Collection, which typically includes a private pool, a dedicated study or housekeeping room, his and her walk-in wardrobes, a staff room, a laundry room, and a jacuzzi. Buyers should confirm the exact specification for this specific unit during viewing.
Why is the total area (4,100 sqft) larger than the internal area (3,110 sqft)?
The difference of approximately 990 sqft represents external terrace or balcony space — consistent with Bugatti Residences’ Riviera-inspired design, which features expansive terraces with private pools as a signature feature of the Riviera Mansion Collection.
Is this unit ready or under construction?
Bugatti Residences is currently under construction. This listing represents a resale of an existing reservation; the buyer would assume the remaining payment plan instalments with the developer. Exact construction status and expected handover timeline available on request.
What amenities does Bugatti Residences offer?
Published amenities include a private pool per unit, a Riviera-inspired beach club, an infinity pool, a fitness centre and sauna, a wellness spa, butler and concierge services, a VIP lounge, car lift access, landscaped gardens, and smart home systems throughout.
Is this property freehold and Golden Visa eligible?
Yes. Business Bay is a designated freehold area available to all nationalities. A property investment at this value level meets the threshold for UAE Golden Visa eligibility, subject to current immigration requirements.
What are the transfer costs?
Approximately 4% DLD transfer fee (c. AED 640,000 on AED 16,000,000), plus applicable developer NOC and registration fees for an off-plan resale. The buyer also assumes the remaining instalments under the original payment plan.
Can I get financing for this unit?
Financing for off-plan resale units is subject to bank and developer policy. Please contact us to discuss financing options relevant to this specific transaction.
Can I view this unit or the show apartment?
Please contact us to arrange a viewing or to discuss the current construction status and available show units.