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Originally published by Capital Business
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business
January 12, 2026
3h ago

Why luxury carmakers are now building glitzy skyscrapers

Why luxury carmakers are now building glitzy skyscrapers

JAN 12 - Bugatti is synonymous with high-performance, ultra-expensive supercars. But now the luxury French brand is entering a very different kind of race Kenya breaking news | Kenya news today |..

✨ Key Highlights

Luxury car manufacturers, including Bugatti, Porsche, and Aston Martin, are expanding into real estate by building glitzy branded residential skyscrapers, particularly in the Middle East.

  • The market for branded residences has rapidly grown from 169 schemes in 2011 to 611 today, projected to reach 1,019 by 2030.
  • The Bugatti Residences By Binghatti in Dubai will feature apartments starting at $5.2 million, with penthouses including private car lifts.
  • Chairman of Binghatti Properties, Muhammed BinGhatti, states that these apartments are typically 30 to 40% more expensive than non-branded luxury homes, appealing to those seeking brand exclusivity and social status.

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