Real estate agents Lina Allaoa and Kianoush Darban of Driven Properties have facilitated a landmark sale that has set a new record in Dubai’s real estate market. A fully upgraded, ready apartment on Jumeirah Bay Island, also known as Bulgari Island, has been sold for an astonishing price of nearly Dh17,000 per square foot—the highest ever achieved for a ready apartment in the city.
This significant transaction was managed by real estate agents Lina Allaoa and Kianoush Darban of Driven Properties, who represented the seller in this record-breaking deal. Situated on a high floor, the residence boasts dual panoramic views of the Dubai skyline, Bulgari Marina, and the sea. Accessible via a 300-metre bridge, Jumeirah Bay Island is home to the Bulgari Resort and Residences, offering residents unparalleled privacy, world-class amenities, and stunning views, making it one of the most sought-after addresses in the region.
“This new record is a reflection of Driven Properties’ steadfast dedication to excellence and our deep understanding of the luxury real estate market. This sale underscores that Dubai’s market remains robust and resilient, with demand for high-end properties continuing to flourish,” stated Abdullah Alajaji, CEO and Founder of Driven Properties. “Lina and Kianoush have once again demonstrated their exceptional ability to surpass the expectations of our sophisticated clientele.” Kianoush Darban further added, “This record-breaking transaction is a significant achievement for us, reinforcing that Dubai continues to attract elite buyers who seek the pinnacle of real estate offerings.”
Driven Properties has a notable history on Jumeirah Bay Island, consistently breaking previous records and setting new industry standards.