real

time web analytics

Property Price Index

Property Price index is a global real estate Portal.

Change Country
Register Now

Top Areas to Buy Penthouses in Dubai

Tuesday, April 09, 2019

Most of the penthouses in Dubai offer splendid views. So, if you are a fan of views, you might just want to go to the penthouses in Dubai. These type of properties are also great for getting a return on investment. This is because they are usually located in top-notch areas. Thus, penthouses in Dubai are always in constant demand.

Here are some of the top areas to buy penthouses in Dubai:

Business Bay
The Executive Towers in Business is one of the most searched for penthouses in Dubai. This is a flagship project in Business Bay. It is known for its top-notch amenities. It has an easy access to most of the prime projects and commercial centres in the region. It is located close to the upscale apartments in Downtown Dubai. The residents of these luxury apartments can enjoy massively spectacular views of the iconic Burj Khalifa.

The penthouses for sale in Executive Towers are mainly 4-bedroom units. These are pretty spacious going over 5000 sq. ft. in a majority of the cases. When it comes to purchasing a penthouse, the prices in Executive Towers can be close to AED 10M. The lowest price for current listings is at AED 7.9M. There are a good number of penthouses for rent in this highly-reputed apartment complex.

Dubai Marina
Elite Residence in this area is one of the most famous penthouse areas. It is a highly luxurious development that lies in the waterfront paradise of Dubai Marina. The apartments in Elite Residence are known to be one of the tallest residential buildings in the UAE. In the present times, these buildings are ranked third on the list of tallest residential towers in Dubai behind Princess Tower and 23 Marina. Thus, the views from here might just be amazing. In case you are planning to invest in Dubai penthouses, this is one building that you need to consider. It is a 86 storey Elite Residence thatprovide you withmagnificant views of docked yachts, waterfront cafes and restaurants. You can also view the well-known Bluewaters Island from here.

As far as the prices are concerned, these start at a modest AED 4.5M as per current listings. These luxury apartments in Elite Residence are just perfect if you are investing in penthouses in Dubai with an open pocket!

The penthouses of Ocean Heights are high-end properties. These come with a comprehensive set of amenities and beautiful waterfront views. The penthouses here come in the form of entire floors with a built-up area of over 10,000 sq. ft in many cases. The selling prices lie close to AED 20M. These properties are luxury apartments that are finished to extremely high standards. These make ideal investments for High-Net-Worth Individuals (HNWI) in Dubai.

Jumeirah Beach residence
The penthouses in Al Bateen Tower form a smart investment option. The apartments in Al Bateen Towers at Jumeirah Beach Residence (JBR) are just ideal if you are looking to buy penthouses in Dubai in the heart of a colorful residential community. It is located at the far end of JBR. Here, you can pretty muchenjoy a vast diversity in food, fun and sports activities. Not only that, these provide you with splendid views of the Marina, the Palm and the Bluewaters Island. Such amazing views make it a smart option when it comes to buying penthouses in Dubai. These luxury apartments in Dubai sell for close to AED 20M. These come with high-end amenities that include gyms, pools, saunas, children’s’ play area, etc.

Palm Jumeirah
You can enjoy magnificent Palm Views in the penthouses here. Palm Jumeirah is one of the top-notch options when it comes to apartment living. You can enjoy the gorgeous views of cerulean waters here. At the same time, you can enjoy a luxurious lifestyle that is unparalleled.

The Shoreline Apartments constitute 20 residential buildings. These units lie on the east side of the trunk of Palm Jumeirah. These are located close to the mall. These are just a short distance away from leading schools and hospitals that include Regent International School and Emirates International School. Most importantly, this building is welcoming for families. The penthouses in this area start at a reasonable AED 4.25M. However, the prices can largely vary and can go up to and over AED 10M. The price is based on the property. They all come with beautiful beach views. These are some of the most desirable luxury apartments in Dubai.

Palm Jumeirah is a top location for high rise living in Dubai. Penthouses are undeniably the crown jewels of apartment living, offering people more space, privacy, and opulence than a traditional flat would. From picturesque sunrises to charming sunsets, there is plenty to enjoy when you choose to rent or buy a penthouse in Dubai. If you are someone who doesn’t want to compromise on the convenience of apartment life but value your space, investing in a penthouse in one of these iconic buildings in Dubai would be perfect for you!

The sale of ultra-premium penthouses in Dubai has been increasing since the past few years. Two of the costliest units were sold last year. These inlcuded a 29,800-sq-ft penthouse at One Palm by Omniyat for Dh102 million and a 14,000-sq-ft, full-floor penthouse at the Bvlgari Resorts and Residences that was worth Dh60 million.

The unit prices are ranging from Dh10 million to over Dh100 million, presently. There are many premium options as developers see a remarkable rise in the demand of penthouses. Many new buyers are showing interest.

Many ultra-premium penthouses are being developed in the city. These are mostly within hotel developments. When included with hotel development, you can enjoy the spas, private beach access to the Palm, restaurants, cafés, bars, etc. These usually offer the best of a luxury lifestyle within your own home.

The demand for penthouses has surged. This is why most of the developers are inspired to make penthouse levels rather than traditional one or two penthouses on the highest floor.

Real Estate Guide & Tips
Being a home-seller, you ought to be aware of the top reasons why a ho...
Remodeling can be regarded as a brilliant idea for several homeowners....
If you are a landlord, you need to take care of your tenants. There ha...
When is it time to sell your investment property? First, understand wh...
If you are single and relocating to Dubai, there are several considera...
Commercial property includes office, warehouse, retail, etc. A commerc...