Comprehensive information about the most expensive property in Dubai

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Dubai has the most expensive property and expensive villas. Maybe this sentence is a lot of belief, and it should be said that it is true, it has very luxurious villas. The most expensive luxury villas in Dubai, are very beautiful and have wonderful architecture and design that dazzle the viewer’s eyes.

It seems that now, Dubai has managed to attract the attention of very wealthy foreign investors. By providing long-term golden visas and removing the restrictions on the purchase of houses by foreigners, the government has been able to position Dubai as a preferred market for the world’s rich.

Currently, Dubai’s real estate market accounts for about a third of the UAE’s total economy. Of course, this market in the emirate had suffered a lot of stagnation for seven years, but with smart management, they were able to create more facilities for residents to work and invest more confidently. An action that could boost the Dubai housing and real estate market again.

The UAE government, based on the new laws it has established, has made it possible for investors to get a 10-year UAE visa by purchasing a property worth at least 2 million dirhams ($544 million). In the meantime, Indian companies and rich people have made the most of this opportunity and were able to buy the most expensive house in Dubai.

What is the price range of most expensive property in Dubai and luxury apartments?

Who doesn’t love luxury? Buying a luxury house and apartment in Dubai may cost you thousands of dollars, but if you have the money to buy it; It’s a win-win deal.

With the coronavirus epidemic and the increase in remote work and online classes, more people have thought about buying luxury houses.

In Dubai, you can buy luxury houses in the form of villas and apartments.

However, if you think that villas or townhouses are too big and expensive for your family; Luxury apartments may be the best option for you.

If you are planning to live in Dubai or have already lived in Dubai, there are many luxury apartments that you can rent or buy.

The best areas in Dubai to buy most expensive property and luxury apartments

In this part of the article, we will introduce the best areas of Dubai where you can buy luxury apartments.

Downtown Dubai

No doubt that the Downtown of Dubai city is one of the most luxurious areas where you can buy most expensive property in Dubai. Downtown Dubai is a comprehensive 500-hectare development project with world-class assets, including commercial, residential, hotel, entertainment, shopping, and leisure sectors.

In addition, there are many luxury towers in downtown Dubai.

Such as The Address Sky View Towers, Burj Vista, BLVD Heights, and Mada Residences.

For these apartments, the rental price ranges from approximately 60,000 dirhams per year to 234,000 dirhams per year.

If you want to buy a luxury apartment in Downtown Dubai, prices generally range from AED 1,000,000 to AED 90,000,000.

Of course, depending on how many rooms you want and the location of the apartment in the center of the city, the prices are different.

Palm Jumeirah

Palm Jumeirah is a famous and popular place where you can easily access everything such as most expensive estates in Dubai.

From restaurants to many attractions on the island, Palm Jumeirah is close to them.

Like Downtown Dubai, Palm Jumeirah also has many luxury buildings with apartments such as Shoreline Apartments, Golden Mile and Anantara Residences.

The rental price seems to be close to downtown Dubai.

To rent, the rental price ranges from 76,00 dirhams per year to 210,000 dirhams per year.

To buy an apartment in Palm Jumeirah, prices are about the same as in downtown Dubai, ranging from roughly AED 1,500,000 to AED 8,500,000.

Jumeirah beach resort

JBR is one of the famous places in Dubai with first-class hotels and stunning coastal views.

There are many attractive amenities and restaurants at The Walk and Bluewaters.

These are the reasons why tourists choose this place to visit, and many ex-immigrants come to live in this region.

Jumeirah Beach has many luxury apartments that you can choose to rent or buy.

Some of them are JA Oasis Beach Tower, Rimal, and The Walk.

Apartment prices are significantly cheaper than in Downtown Dubai and Palm Jumeirah.

The price of renting a house in Jumeirah Beach Resort varies from 62,000 dirhams to 150,000 dirhams per year. If you want to buy an apartment, prices range from AED 1,000,00 to AED 35,000,000.

Dubai Marina

Dubai Marina is a stunning commercial center with amazing restaurants, shops, promenades, and architecture.

Dubai Marina is an important area for real estate investors, housing a wide range of apartments.

Many businessmen and tourists traveling in the city like to stay in this area.

In addition, Dubai Marina is close to the commercial areas of Dubai Internet City and Media City.

Property rental prices in Dubai Marina are very variable. From approximately 42,000 dirhams per year to 220,000 dirhams per year, you can rent a luxury apartment in this area. If you want to buy an apartment, prices range from 600,000 dirhams to 5,000,000 dirhams.

Jumeirah Lake Towers

With its modern infrastructure, JLT is another impressive place to buy apartments in Dubai.

This area has amazing luxury apartments.

The rental price ranges from 44,000 dirhams per year to 1,500,000 dirhams per year.

To buy, prices range from 350,000 dirhams to 4,000,000 dirhams.

With the increasing number of visitors to Dubai, there is no doubt that the conditions for luxury living in this city will be very favorable. Some of the richest Arabs in the world live in Dubai, and there is no shortage of millionaires in this city. This makes Dubai not only the most populous city in the UAE but also the most expensive city with tons of luxury amenities in strategic locations. About 1.8% of Dubai’s residents are classified as high net-worth individuals (HNWI), and Dubai has enough luxury areas to match their high-end tastes for luxury. Now we can see luxury apartments, penthouses, beach houses, and many more in self-contained residential communities across the city of Dubai. Dubai’s exclusivity is what sets it apart from other places in the UAE. In addition, thanks to the rapid growth of the city, the standard of living has increased over the years. Next, we will check the most expensive parts of the city for accommodation.

The most expensive areas for buy the most expensive property in Dubai

In this section, we will introduce the most expensive areas of Dubai that foreigners use to buy luxury properties.

Sheikh Zayed St

Undoubtedly, the first and most important item that should be introduced in the list of the most expensive areas of Dubai is Sheikh Zayed Street in Dubai. This street is full of shopping centers, tall buildings, and structures with attractive and modern architecture. Across this big and famous street, you can find commercial and office skyscrapers.

Sheikh Zayed Street is the most important street in Dubai. It is considered the most expensive area in Dubai. The previous name of this street was Defense Street, which was later changed, and the current name was placed on it. The most important building in Dubai, the Burj Khalifa, is located on Sheikh Zayed Street. Many tourists and tourists who travel to Dubai visit this street and its buildings and shopping centers during their trips.

Dubai Marina and Palm Jumeirah are other important parts of Sheikh Zayed Street in Dubai. Sheikh Zayed Street runs parallel to Dubai’s coastline and access to different parts of the city is possible through it.

The downtown area of Dubai

The downtown neighborhood and its main street, Downtown Street, are among the most expensive areas in Dubai. In this neighborhood and street, there are some important and spectacular parts of Dubai, and this has added to the importance of this area. Dubai Fountains and Vista Tower are among the most important parts of Downtown Street.

One of the most important buildings in Downtown Dubai is the Grand Downtown Hotel. This very large hotel is considered one of the 50 largest buildings in the world. It is very easy to reach important centers of Dubai, such as Dubai Mall and Burj Khalifa as well as many other shopping centers in Dubai from Downtown Street. Also, some of the most prestigious restaurants in Dubai are located near Downtown Street.

Al Barsha region

Al Barsha is one of the most expensive areas of Dubai which is luxurious and beautiful. Al Barsha area has a very beautiful design and texture, and for this reason, it is considered one of the most beautiful and famous areas in the city of Dubai. This area is relatively quiet and has a lot of peace. The buildings and hotels in the Al Barsha area are very luxurious. For this reason, many tourists consider this area a suitable place for their residence.

Like the most expensive areas of Dubai, there are many shopping centers and restaurants in the Al Barsha area. Also, the recreational facilities and tourist attractions of this area have increased its popularity and value. Attractions such as the race track or the villas are the choice of those who want to have a luxurious and luxurious trip to Dubai.

Dubai Marina

Another important and famous area in Dubai is the Marina neighborhood. Marina neighborhood is a seaside resort that was created by an artificial water channel that stretches from the Persian Gulf to Dubai. This area is a great choice for recreation and relaxation.

Due to the coastal features of this area and its side benefits, many towers, resorts, and promenades have been built in the Dubai Marina area. If you plan to enjoy your trip to Dubai to the fullest and have the best beach entertainment facilities in this city, try the Dubai Marina neighborhood.

Jumeirah area

Undoubtedly, one of the most famous and expensive neighborhoods in Dubai is the Jumeirah neighborhood. The Jumeirah area is very popular both among the wealthy residents of the UAE and among tourists. In this area, you can find recreational facilities and very luxurious buildings that are unique in their kind.

In addition to having many recreational facilities, the Jumeirah neighborhood is a coastal area. The sandy beaches of this region have many fans among tourists. In addition to these, the presence of several important centers and buildings in Dubai, such as Burj Al Arab, the only 7-star hotel in the world, and the Jumeirah Mosque has increased the importance of this area.

Emirates Living

Emirates Living is a nature-inspired luxury development by Emaar. It is the first large-scale villa community of its kind in the entire Middle East. The project houses and blends the exclusive Emirates Hills development overlooking Montgomery Golf Course with the ultra-luxury family-oriented communities of springs, Meadows, Lakes, and Hattan, which together form one of the most desirable residential neighborhoods in Dubai. Also, this neighborhood has green and grassy areas, lakes, and walking paths, which are located a few steps away from the hustle and bustle of the city. Emirates Living is home to some of the richest and most influential people not only in Dubai but from around the world in general, including highly successful businessmen, politicians, and celebrities.

Al Barari

The average rent for an apartment in Al Barari is around AED 150,000, while sales prices start at AED 2.8 million, making this area one of the most expensive locations in all of Dubai. The most interesting thing about Al Barari is that it is an eco-friendly environment with 60% green space and around 1800 trees. In fact, its environment is not only preserved to what nature can offer, but also sustainable and luxurious. There are five different residential areas in this community and they are located in six themed gardens which are Water Garden, Renaissance, Jungle Gardens, Contemporary, Balinese, and Mediterranean. You will also have access to the community health club, restaurant, spa, and all of the aforementioned gardens.

Bluewaters Island

Bluewaters Island is a new man-made island by Heritage that offers luxury beachfront accommodations near the massive Dubai Waterfront Carousel, considered to be the world’s tallest carousel. This destination is for people who like to enjoy multiple beach adventures in Dubai. Bluewaters Island is home to a beach club, Caesar’s Palace, and a celebrity chef restaurant, Hell’s Kitchen by Gordon Ramsay. Also, Bluewaters Island is close to JBR. In addition, this scenic community has fitness centers, swimming pools, basketball courts, and retail and dining outlets, and is connected to the mainland by three modes of transportation. One such way is the direct connection to Sheikh Zayed Road, pedestrian access from the beach opposite JBR, and water transportation. Bluewaters Residences consists of 10 mid-rise towers containing 698 apartments and 17 townhouses, with prices starting at AED 1.9 million. If you are looking for luxury living, Bluewaters Island is one of the best places to live in Dubai. Of course, it does not mean that you must have property here, but many villas and apartments in this area of Dubai are available for rent to tourists and offer unique facilities like a private hotel.

Jumeirah Golf Estates

If you are a fan of golf and maybe some rolling greens too, Jumeirah Golf Estates is the place to be. The community has two golf courses and hosts the DP World Tour Championship. These golf courses were designed by Australian veteran Greg Norman. This area also complements the luxury life here by offering facilities such as fitness centers, sports fields, and community parks.

City Walk

Another expensive community for luxury living in Dubai is Citywalk. This residential area is home to some of the most expensive apartments in Dubai with average rents and sales in the region of AED 3.1 million. There are many luxury furnished apartments in Citywalk, all of which have made the area a hub for luxury living. From City Walk, you can enjoy panoramic views of the tallest building in the world, Burj Khalifa. Like other luxury areas of Dubai, there are unique luxury hotels to stay here that offer a luxurious life to both residents and tourists. You can experience a dream stay by booking one of the luxurious units in these hotels.

Who bought the most expensive house in Dubai?

Dubai is one of the best places to buy real estate and invest. But the houses that are traded there usually have very high prices. Now it seems that the most expensive house in Dubai has become the share of an Indian billionaire company. This billionaire company, Mukesh Ambani, was able to make the largest residential real estate transaction in Dubai and purchase a beach villa worth 80 million dollars.

It seems that this large and luxurious palace was built in the northern part of the artificial archipelago. Its general shape is also in the form of a huge palm tree, and it has 10 bedrooms, a private spa, and indoor and outdoor pools.

Introducing some of the most expensive and luxurious villas

In this part of the most expensive property in Dubai article, we will introduce some of the most luxurious and expensive villas in Dubai.

1- Dream Inn Dubai

If you are going to have the experience of a luxury villa, our first suggestion is the main villa of the Dream Inn complex. An amazing luxury 6-bedroom villa with everything you would think a luxury home would need. This villa has a beautiful view of the ocean and from the rooms to the kitchen and the reception hall, all of them benefit from the best and most modern facilities. A private pool with water games is also planned outside so that your children can have a good time in this complex.

2- Roda Boutique Villas

These luxurious and very beautiful villas are great places for small families and friend groups. Its luxury villas have three bedrooms, and in terms of facilities, they are equal to the best luxury hotels in the world. One of the highlights of Roda Villa Boutique is its very calm atmosphere, which creates a great place along with the visual beauty. The whole complex has a private beach as well as a cafe and restaurant.

3- Coral Boutique Villas

If you are looking for a quiet place, with high privacy and also luxury, this collection will be one of the best choices for you with unique 5-star villas. Both inside and out, the villas are visually stunning and will have a private pool and a small garden for each villa. Other prominent features of the villa, besides having all the facilities of a luxurious and attractive place, can be mentioned with a large reception hall and a car garage.

4- Nikki Beach Villas

This collection, which is located in a special and beautiful part of Dubai, and its beautiful appearance creates an amazing combination. All the luxury villas of “Niki Beach Villas” have a private pool and the whole complex has facilities for water sports, a gym, a restaurant, and a spa. Everything is in the most luxurious possible state. You can relax and swim in the water in a special and private environment.

5- Medlock Villas

This very beautiful complex also has private pools for its luxury villas, and each building has a modern and excellent kitchen. Amenities are built in different areas where they are available to you, and you can have an attractive residence in Dubai by paying a more conventional amount than other Medlock villas of the same category.

How to buy the most expensive properties in Dubai?

Due to scams in recent years from investors to buy property in Dubai, many losses have been caused to investors. For this reason, before taking any action to buy the most expensive property in Dubai, you must be sure of the real estate consultant company.

You can use the help and experience of our experienced experts to safely purchase the most expensive properties in Dubai.

You can contact us for consultation through the online chat located on our website.