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CEOWORLD magazine - Latest - Money and Wealth - Most Expensive Residential Projects In Dubai

CEO JournalMoney and Wealth

Most Expensive Residential Projects In Dubai

Real Estate is perhaps the best long-term investment option. But it also has its cons: you can’t expect immediate returns, and you can’t liquidate it quickly. Since the investment is high, you must do extensive research before choosing a real estate property. Dubai is an excellent option for real estate investments because:

    • They are more affordable as property prices per square foot are lower compared to other cities in the world
    • No property tax and stamp duties
    • You get a Residency visa valid for two to ten years if the property is worth at least AED 1 million

The most expensive residential projects for investment in Dubai are:

  1. Bluewaters Residences
    Bluewater Residences is named after the island on which it was built, BlueWaters Island. This island has the world’s largest observation wheel, Ain Dubai. Ain Dubai and several upcoming amusement hubs are set to make it a tourist hotspot.
    Bluewaters Residences consists of 10 buildings and seven townhouses, and the variety of floor plans has ample parks and recreational activities. This makes it ideal for families.
    You could purchase properties with one to four bedrooms, and every room comes with one or two parking spaces. The four-bedroom penthouses offer spectacular views of Ain Dubai, the Arabian Gulf, the Dubai Marina, and the Dubai skyline. You can use modern amenities such as basketball courts, children’s play areas, gyms, landscaped gardens, and swimming pools. 
  2. City Walk
    City Walk is a three-phase district known for its upmarket retail outlets and gourmet dining options. Out of the 300 high-end retail shops, the most renowned retail outlets include Al Jaber Optical, Boots, Sephora, and WHSmith.
    The international street art attractions go hand-in-hand with London’s street cafe culture. Quite close to Downtown Dubai, City Walk is only a five-minute drive from the Dubai Mall Metro station, making it easily accessible for commuters. 
  3. Madinat Jumeirah Living
    Madinat Jumeirah Living consists of exclusive freehold residences opposite the iconic Burj Al Arab in the prime Jumeirah district. It is the first freehold community in Umm Suqeim. Dubai Holding has developed Madinat Jumeirah Living by prioritizing safety.
    The apartments have one to four bedrooms, while the interiors feature spacious layouts with modern apartments. The well-designed lobbies are ideal spots to experience the breathtaking views of Burj Al Arab. It is only five minutes from Al Wasl Road, Jumeirah Road, Sheikh Zayed Road, and Umm Suqeim Road. This allows easy and quick access to the city’s business and financial district. 
  4. Golf Suites
    Golf Suites is integral to Mohammed Bin Rashid City in the upscale Dubai Hills Estate. The peaceful community is only a 10-minute from Downtown Dubai and a 20-minute from the Dubai International Airport.
    You can purchase apartments that have one to three bedrooms. Huge full-height windows let abundant light and air into the rooms. They also offer enchanting views of the golf course, meadows, and palm trees. You can enjoy several amenities such as the barbecue area, clubhouse, and infinity pool. And the Dubai Hills Mall is just a stone’s throw away. 
  5. Emaar Beachfront
    Being developed by the leading Emaar developer, Emaar Beachfront offers an ultra-modern cosmopolitan living experience by the sea. It is in the Dubai Harbour, the upcoming largest marina in the MENA region.
    You can purchase apartments that have one to four bedrooms. All these apartments have floor-to-ceiling windows that let you be engrossed in the extraordinary views of the Dubai Marina and the waters of the Arabian Gulf. You will also have access to the 750 meters of white sand on either side.
    In short, Emaar Beachfront offers you contemporary facilities with a peaceful island lifestyle. And it is well-connected and only a few minutes away from Downtown Dubai, Dubai International Airport, Dubai Marina, JBR, and the Palm.

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CEOWORLD magazine - Latest - Money and Wealth - Most Expensive Residential Projects In Dubai
Aastha Maheshwari
Aastha Maheshwari, Staff Writer for the CEOWORLD magazine. Aastha has a decade of experience as a journalist and editor working for various magazines, newspapers, and digital publications and is now a Staff Writer at The CEOWORLD magazine. She is passionate about disrupting the status quo and unlocking the business value to create sustainable results. She specialized in reporting on both local and world news, as well as interviewing well-known business leaders, senior management executives, investors, and high net worth individuals. She can be reached on email aastha-maheshwari@ceoworld.biz.