Business Bay Penthouses 2023

Curated penthouse sales verified transaction data and investment-grade market insights

Transactions

1

Average Price

AED 82,000,000

Median Price

AED 82,000,000

Avg AED/sqft

15,769

Highest Sale

AED 82,000,000

Penthouse Market Analysis

In 2023, Business Bay's signature penthouse segment recorded 1 prestigious transactions. These investment-grade properties exemplify the refined standards that distinguish this prime community. The curated market commanded an elevated average price of AED 82M, with a median transaction value of AED 82M.

The penthouse market in 2023 underscored Business Bay's position as Dubai's most trophy-worthy address. With an average price per square foot of AED 15769, transactions in this segment reflect exceptional value positioning for acquisition-ready investors. The most prestigious penthouse transactionlocated at Business Bay Ultra Premiumachieved AED 82M, exemplifying the investment-grade pedigree of this community's curated portfolio.

Landmark buildings driving transaction volume in 2023 included Business Bay Ultra Premium, where signature penthouses continued to exemplify investment-grade standards. These prestigious addresses remain bellwethers of Business Bay's appreciation trajectory.

This year's verified transaction record provides essential reference data for wealth advisors and family offices evaluating penthouse acquisitions within Business Bay. All sales indexed by property type, building and date remain accessible through our comprehensive transaction archive for strategic market analysis.

Signature Sales

BuildingBedDatePrice/sqft
Business Bay Ultra Premium42023-02-20AED 82,000,00015,769

Building Activity

Avg price/sqft: AED 15,769

View All Types

Price per sqft Range

Minimum

AED 15,769

Maximum

AED 15,769

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