Luxury properties for sale in Dubai
We offer a wide range of high-end luxury properties available for purchase in Dubai. These houses are built utilizing top-quality materials gathered from various locations worldwide. The properties for sale in Dubai market are exquisitely designed to showcase the luxurious lifestyle of the city. Our skilled luxury sales specialists are available to assist you every step of the way. There are different options to choose from: apartments, villas, penthouses, lofts, and duplexes, or you can buy a plot to build your ideal home. In 2024, LUXHABITAT remains dedicated to presenting an exceptional array of high-end properties for sale in Dubai, all intricately designed using top-quality materials sourced worldwide.
Most Posh Areas In Dubai For Living!
People seeking a high-end residence in an upscale part of Dubai should consider reviewing this compilation of exclusive neighbourhoods in Dubai, highlighting the priciest apartments and villas available for rent or purchase.
Dubai is a dream destination for travelers, investors & home seekers. Before get started let’s find out what makes Dubai so attractive to all these people ?
Tall buildings, modern architecture, top-notch shopping streets, stunning beaches, artificial islands, welcoming locals, and more all contribute to the city’s appeal for all.
Dubai offers a variety of unique attractions for visitors and tourists, including night desert safari with BBQ dinner, Sky diving, Hot air balloon rides, Dune buggy adventures, Scuba diving excursions, Xline zip line, and more. Dubai offers a variety of options for those who love shopping, including numerous retail stores, large shopping malls, diverse restaurants, and high-end boutiques. This city appeals to buyers and investors globally due to its wide range of attractions.
In relation to homes, a wide variety of choices are available for you to explore. There is a variety of properties such as studios, apartments, villas, and townhouses available at various price points for purchase. While Dubai as a whole is great for living, like any city, it has upscale areas that boast the finest and most coveted luxury real estate locations.
The best posh areas in Dubai for living.
1.Palm Jumeirah Island
This is the premier and top upscale location in Dubai. I don’t mean to offend, but purchasing property here is not feasible for everyone. Now, you may be wondering – what is it that makes Palm Jumeirah so unique?
The largest man-made island in the world, designed in the shape of a palm tree, offers stunning views of the Persian Gulf and is home to a community of global celebrities and successful business moguls that will captivate your heart immediately. Upscale villas, condos & penthouses are being offered for purchase by respected real estate companies from various countries.
The cost of real estate in this area is more expensive compared to other parts of Dubai.
- Studio Apartments Range from AED 0.7 million to 2.5 million
- 1 Bed Apartments Range from AED 0.9 million to AED 16 million
- 2 Bed Apartments Range from AED 1.5 million to AED 19 million
- 3 Bed Apartments Range from AED 2 million to AED 23 million
- 5 Bed Apartments Range from AED 5.5 million to AED 40 million
There are numerous choices available for individuals to maximize their enjoyment of life in this location. This town offers all the amenities to make your vacation a dream come true.
2.Emirates Hills
Another well-established neighbourhood in Dubai, similar to Beverly Hills in Los Angeles. Similar to Palm Jumeirah Island, this area is where many of Dubai’s and the world’s richest individuals reside. This neighbourhood is recognized as Dubai’s initial freehold community. Famous for its villas facing the golf course and covered in marble. If you appreciate real luxury, make sure you don’t overlook the opportunity to experience Emirates Hills.
To rent a 5 or 6 bedroom villa in Emirates Hills, you will need to make a payment of approximately. Between AED 18 to 20 million. If you would rather save money, you can choose to purchase 3 Bed Villas priced at AED 6 – 8 million.
3. Dubai Marina
This neighbourhood or community is a great blend of luxury and convenience, no matter how you describe it. Well-known for being the biggest man-made marina and a popular destination in Dubai. Located in close proximity to Jebel Ali Port, Dubai Internet City, Palm Jumeirah, and numerous other notable landmarks in Dubai.
Here you have the opportunity to purchase a penthouse that comes fully furnished, as well as personalized villas, apartments, and various other housing choices. Dubai Marina has emerged as a top choice for individuals seeking upscale vacation residences in Dubai.
To find real estate in Dubai Marina, the prices are as follows: A studio costs AED 600,000, a 1 Bed apartment begins at AED 950,000, and villas range from AED 2.2 million to AED 15 million.
4.Umm Suqeim
This area in Dubai is both old and elegant, located close to the renowned Burj Al Arab hotel. Umm Suqeim is a popular destination for family getaways, with upscale beachfront residences. Umm Suqeim neighbourhood provides top beach activities for both tourists and locals. This community offers a variety of activities such as Wild Wadi Water Park, kayak rentals, artisan cafes and beach-side diners, volleyball courts, and a skate park making it an ideal holiday destination and a great choice for family living.
The mean cost of a villa in Umm Suqeim is AED 18 million. Madinat Jumeirah Living is the ideal option for those seeking a budget-friendly unit, while Umm Suqeim 3 is the perfect choice for those in search of a luxurious villa.
5.Jumeirah Golf Estate
Another upscale residential area in Dubai, spanning 1119 hectares and surrounded by greenery and open spaces. Here, you will find fifteen various choices for residing in compact communities. Every project at Jumeirah Golf Estate offers unique amenities and characteristics. Here you can purchase apartments, townhouses, and villas that offer stunning views of the golf course or lush green landscapes and water features.
The greatest aspect of this area is the top-notch golf courses designed by renowned Australian golfer and businessman, Greg Norman. Every golf course at this location is themed after important aspects of nature, such as Earth and Fire.
6.Downtown Dubai
A renowned area in Dubai and one of the priciest neighbourhoods in the city. Dubai boasts numerous tourist attractions such as Burj Khalifa, Dubai Opera, Music Fountain, and Dubai Mall, among others. These factors also have a significant impact on explaining the expensive rents in this area.
The typical cost of renting property in Downtown Dubai is approximately. The price per square foot in this area is AED 117, nearly 30 times more expensive than other spots in Dubai. The mean cost of apartments in Downtown Dubai is AED 2,285 per square foot.
7 Things To Keep In Mind While Buying A Luxury Property In Dubai
Purchasing a luxury property in Dubai is a dream realized by numerous individuals. Many individuals are seeking to invest in their ideal home, but it is important to make a wise choice as purchasing a luxurious property is not a common occurrence. Therefore, we had a conversation with Barnaby Crompton, a reputable real estate agent who has 24 years of experience. He imparts valuable advice over a digital platform regarding important factors to consider when purchasing real estate.
Make Sure You Choose The Right Location!
Selecting the correct location is crucial. As stated by Barnaby Crompton, every neighbourhood has its special qualities and advantages. Whether you enjoy running on the beach in the morning or relaxing by the pool on weekends, there is a perfect location for you. Potential investors should carefully research the various areas and select one that aligns with their lifestyle and preferences. There are various neighbourhoods in the city to pick from, such as Dubai Marina, Downtown Dubai, and Palm Jumeirah. Emirates Hills is my area of expertise, and there is no shortage of property varieties in that location.”
Ensure Your Real Estate Agent Has A Good Reputation!
Even if you have a particular location in mind for buying your dream property, it’s still important to secure a trustworthy agent. They will make sure you stay updated on the market. Continuing the discussion, he points out the importance of having a trustworthy agent who can offer expert guidance on the market, assist in identifying suitable properties within your budget and preferences, and guide you through the intricate Dubai property market. Extraordinarily exceptional brokers are uncommon but will strive to locate your ideal property to the utmost of their capability. I recommend finding a broker who comprehends your needs well and is experienced, reliable, and trustworthy.
Have Clarity About What You Want.
If you have decided to purchase a high-end property in Dubai, it is important to have a clear understanding of what you are seeking in the property. “Be transparent and specific when discussing your desires with them, as providing more details will help them better assist you in finding the perfect investment or dream home.” Another important factor is the reputation of the developer of the property or district. Examine the developer’s prior assignments, feedback from clients, and any potential legal concerns before making any agreements. Crompton states that this will assist in guaranteeing the investment is secure and lucrative over time.
Make Sure You’re Aware Of The Payment Plan.
Another crucial factor to consider is the payment schedule. Crompton emphasizes the importance of comprehending the payment plan if you choose to pursue that option. Investors should carefully examine a payment plan for the city’s expensive high-end properties to prevent any unexpected financial issues. There are multiple payment options available for purchasing your property, allowing you to determine the most suitable plan for your investment.
Be Informed About All The Amenities Available.
Understanding the amenities available at a potential complex is essential, as they can affect one’s lifestyle within their home. Checking the facilities available at the property is crucial, according to Barnaby Crompton. Exclusive Dubai properties offer various exclusive lifestyle facilities such as pools, fitness centers, and private beaches, just to mention a few. Examine the facilities, any related expenses or upkeep fees, and verify that they align with your lifestyle and preferences.
Be Aware Of The Maintenance Costs.
Maintenance costs are present in nearly every residential complex, with the potential for variation. Therefore, it is crucial for individuals to be mindful of this. He warns that maintenance expenses have the potential to rise over time. Apartments typically have lower operational costs (not including service fees), while houses tend to be slightly more costly. If you are purchasing for investment reasons, it is important to consider these expenses.
Be Aware Of The Property’s Resale Value & Look Closely At The Legal Documents.
Because legal papers are important and you might decide to relocate from the property you are purchasing in the future, it is best to be aware of these factors before completing the purchase. He believes that understanding the resale value is crucial in determining profitability. Crompton asserts that a lack of availability leads to an increase in prices. Additionally, he advises that your top-tier broker and the financial and legal advisory team should thoroughly examine all legal papers – such as the title deed and building permits – to confirm their accuracy and prevent any possible future complications.
Conclusion
Currently, there is a high demand for purchasing homes in Dubai due to the multitude of available options in the city. There are a range of choices available in terms of offerings, price, locations, and themes. Therefore, these are the top and upscale neighbourhoods in Dubai providing luxurious villas, townhouses, apartments, and studios available as off-plan and ready to move choices. These upscale residential neighbourhoods are situated in various areas of the city, offering excellent connectivity and accessibility.
If you are searching for the top and upscale location to purchase a home or invest in real estate, you have your choice of any of these areas.
FAQ
Indeed, individuals of any nationality, whether they live in Dubai or elsewhere, have the ability to buy property in Dubai’s freehold market. No residency or permit is needed to buy property.
Yes, Dubai Properties offers freehold properties for sale to both local residents and international investors. Having establishments and skyscrapers in various popular areas of Dubai, such as:
•1/JBR, a luxury residential tower in Jumeirah Beach Residence.
•Residential towers in Business Bay, which include Bellevue Towers.
•Mixed-use residential communities in Dubailand including, Mudon, Villanova, Serena and Remraam.
•Dubai Wharf and Manazel Al Khor residential projects on the Dubai Creek.
On average, it usually takes about a month to finalize a property transaction in Dubai after signing the Agreement for Sale.
Investors, homeowners, and professionals like doctors and engineers are eligible to receive UAE residency visas that can last for up to 10 years under the legislation introduced by the UAE government in May 2018.
The current property visa is a visa for property investors issued by the Dubai Land Department, renewable every two years for freehold properties valued at Dh1 million or more on the title deed.
The primary market purchasing fee in all DLD Registration Trustees offices is AED 4,000 for transactions over AED 500,000, and AED 2,000 for those below this amount. Fees are payable in cash and paid by the parties as agreed.
For secondary market purchases, total fees include a 2% commission fee (for the sales agent or broker), the NOC fee [around AED 5,000 max] and a transfer appointment fee [AED 4,000].
Indeed, the regulations in Dubai allow both residents and international investors to buy property in Dubai’s freehold market.
