Bugatti Residences by Binghatti construction update May 2023 night exterior architecture view in Business Bay Dubai Presented by Tohid Fetrat

Bugatti Residences by Binghatti Construction Update – May 2023

Initial inspection confirms project site preparation phase

The first independent inspection for Bugatti Residences by Binghatti confirms the initial project status at the development site in Business Bay. The inspection report provides early stage verification before construction activities began.

Other Bugatti Residences Construction Updates

Bugatti Residences Construction Snapshot

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Project Name

Bugatti Residences by Binghatti

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Project Number

2547

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Project Status

Active

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Construction Progress

0.0%

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Inspection Date

18 May 2023

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Construction Start

01 March 2023

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Total Units

191 residential units

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Total Built Area

90,065.40 sq m

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Expected Completion

Q4 2026

Construction Progress Summary

The initial progress inspection for Bugatti Residences by Binghatti confirms the early development stage of the project in Business Bay. As of 18 May 2023, construction progress had not yet started, indicating that the site was still in the preparation phase following project registration.

The development is planned as a high rise residential tower and will proceed through multiple construction stages once building works begin on site.

Inspection Report Summary

According to the independent inspection conducted on 18 May 2023, no construction activities were observed at the Bugatti Residences site during the time of review. The inspection documented the project status before active construction works commenced.

The inspection was performed as part of the official RERA monitored progress verification process, confirming the project details including project number 2547, developer Binghatti Developers FZE, and location in Business Bay.

Explore Bugatti Residences Location on Dubai Map

Bugatti Residences by Binghatti is located in Business Bay, one of Dubai’s central residential and business districts. Positioned near Downtown Dubai and the Dubai Canal, the project sits within a well connected urban area surrounded by commercial towers, residential developments, and lifestyle destinations.

The location provides direct access to major road networks across Dubai, allowing convenient connectivity to key districts, business hubs, and waterfront areas throughout the city.

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Investing in Bugatti Residences by Binghatti

Buying property in Bugatti Residences by Binghatti Developers involves understanding investor advantages, buyer protections, and the developer behind this branded residence in Business Bay.

Dubai Golden Visa Through Bugatti Residences

Property investment in Bugatti Residences may qualify eligible buyers for the UAE Golden Visa depending on property value and ownership conditions.

Explore Bugatti Residences Golden Visa Eligibility
Escrow Protection for Bugatti Residences

Payments are secured through a regulated project escrow account where funds are released only according to verified construction progress.

Learn About Bugatti Residences Escrow Account
Developer Behind Bugatti Residences

Bugatti Residences is developed by Binghatti Developers, known for distinctive architectural residential projects and landmark developments across Dubai.

Explore Binghatti Developers

Explore Bugatti Residences by Binghatti

Bugatti Residences by Binghatti is a branded ultra luxury residential tower located in Business Bay. The development introduces a distinctive architectural concept and limited collection of residences within one of Dubai’s central districts.

Explore the main project page to learn more about the residences, design concept, location advantages, and development details associated with Bugatti Residences.

Aerial view of Bugatti Residences by Binghatti in Business Bay Dubai, showcasing fluid rooftop architecture with luxury swimming pools and sculptural design. Presented by Tohid Fetrat.

Bugatti Residences Construction Updates

Follow the development timeline of Bugatti Residences by Binghatti Developers through regularly published construction reports. Each update documents inspection results, project milestones, and site progress as the tower advances in Business Bay.

Explore the full series of construction updates to track verified inspection data and progress history for Bugatti Residences.

Bugatti Residences Construction Update - FAQs

What is the current construction status of Bugatti Residences by Binghatti?

Bugatti Residences by Binghatti is an active development in Business Bay. Construction progress depends on the latest published inspection update for the project.

Where is Bugatti Residences located?

Bugatti Residences is located in Business Bay, one of Dubai’s central residential and business districts near Downtown Dubai and the Dubai Canal.

How many units are included in Bugatti Residences?

The project includes 191 residential units.

What is the total built area of Bugatti Residences?

Bugatti Residences has a total built area of 90,065.40 sq m.

When did construction of Bugatti Residences start?

Construction for Bugatti Residences started on 01 March 2023.

Why should buyers follow construction updates for Bugatti Residences?

Construction updates help buyers monitor inspection results, development milestones, and project progress over time.

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