Bulgari Resort & Residences

About the project

Bulgari Resort & Residences is a completed residential development on Jumeira Bay island, Dubai, developed by Meraas. Dubai Land Department (DLD) records project number 1650 as BV Residences; it was completed on 2 February 2017, following a construction start on 27 October 2014. The DLD project company is Meraas Bay And Residence L.L.C.

Buildings and residences

DLD registers six residential buildings, BV Residences 1 to 6, with eight floors and nine levels including podium or basement in each building. Across the six buildings, the DLD unit register records 181 homes: 43 one-bedroom units of 1,469-1,619 sq ft, 60 two-bedroom units of 1,932-4,576 sq ft, 66 three-bedroom units of 2,611-8,214 sq ft, 11 four-bedroom units of 6,550-14,280 sq ft, and one six-bedroom unit of 11,008 sq ft. The developer’s brochure describes 173 apartments and 15 mansions, with apartments from one to three bedrooms and four-bedroom penthouses, and mansions from three to six bedrooms. It also attributes the design to Antonio Citterio Patricia Viel and Partners and describes overlapping wooden terraces and large glazed sliding doors.

Facilities and amenities

The developer’s website lists swimming pools, an outdoor gym, spa, kids play area, private gardens and a BBQ area. The developer also lists beach access, a marina and yacht club, and hotel and resort services. Its materials describe the development as a resort and residences on a beach cove at the water’s edge, within a marine complex of about 1.7 million sq ft.

Location

The development is on Jumeira Bay island in DLD area Island 2, within the Jumeira Bay master project. According to the developer’s brochure, Jumeira Bay is a six million sq ft mixed-use island by Meraas, shaped like a seahorse and reached via a 300 m bridge. The same materials state distances of 5 km to Sheikh Zayed Road, 6 km to Burj Khalifa and Downtown Dubai, and 2 km to City Walk. The master plan shown by the developer includes apartment blocks, mansions, villas, a hotel, beach club, yacht club, marina and promenade.

Prices, rents and resale

The following figures come from DLD-registered sales and tenancy contracts. In the 12 months to 14 October 2026, nine existing homes sold at a median AED 21.5 million, or about AED 10,840 per sq ft; all recorded type-specific sales were two-bedroom homes, also with a median AED 21.5 million. Registered prices ranged from AED 13.5 million to AED 43 million. Over 36 months, 62 sales had a median price of AED 24.9 million, or about AED 10,010 per sq ft. There were 43 tenancy contracts in the last 12 months, with median annual rents of about AED 750,000 for one-bedroom, AED 969,000 for two-bedroom and AED 1.85 million for three-bedroom homes. As few sales are registered annually, medians move with each deal. For current availability and prices, contact a Continental Club Property broker (RERA 31933).

Dubai market as a whole: prices, transactions and trends (DLD data) →