• Developer: Meraas
• Category: Ultra-prime
• Location: Bulgari Lighthouse, Jumeirah Bay Island, Jumeirah, Dubai, UAE
• Price: AED 192,000,000 for a 5-bed penthouse of 11,657 sq ft (resale listing on Property Finder, checked 8 Nov 2026)
• Bedrooms: 5
• Sizes: 11,657 sq ft (size as listed); the building offers 4–5 bed penthouses and one 7-bed Sky Villa (Meraas)
• Handover: Under construction: 72.5% complete per Meraas inspection (Sep 2026); RERA 63.61% (Jul 2026)
• Payment plan: Resale of an off-plan unit: terms per unit, confirmed with the seller and Meraas

Bulgari Lighthouse is Meraas’ residential tower on Jumeirah Bay Island, designed by Antonio Citterio Patricia Viel: a limited collection of four- and five-bedroom penthouses and a single seven-bedroom Sky Villa, serviced by the neighbouring Bulgari Resort. Residents have Mediterranean gardens, a 50-metre horizon pool, private penthouse pools, a Bulgari spa and the island’s 50-berth marina and yacht club.

Why this one

Meraas has sold out the building, so the only way in now is through an owner. Jumeirah Bay is a gated island with a handful of residential addresses, and Bulgari is the most established hotel brand in Dubai’s ultra-prime market. Construction is well advanced: Meraas reports the exterior complete to the 27th floor, with interiors and finishes following.

Who it suits

Principals and families who want the most private address in the city, with resort service and a marina on the doorstep, and buyers building a portfolio of branded trophy homes.

Exit strategy

A long-hold asset in a sold-out building with no new supply on the island. Future resale is private, to a small global pool of buyers, and a scarce address is the strongest protection in a softer quarter.

How I manage it

I verify the seller’s title and mandate, check the outstanding developer payments and the Meraas NOC, negotiate discreetly on your behalf and oversee the transfer and handover.

This is a resale opportunity. The specific unit is offered subject to the owner’s mandate (Form A).

Images: official Meraas marketing material, for illustration only. Figures checked Nov 2026 and subject to change; confirm on the sale agreement.