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
| Building | Bed | Date | Price | /sqft |
|---|---|---|---|---|
| Business Bay Ultra Premium | 4 | 2023-02-20 | AED 82,000,000 | 15,769 |
Building Activity
Avg price/sqft: AED 15,769
Price per sqft Range
Minimum
AED 15,769
Maximum
AED 15,769