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Start of sales for new off-plan buildings in Dubai in 2023

Start of sales for new off-plan buildings in Dubai in 2023

Penthouses in Dubai are one of the most popular types of property. Spacious apartments on the top floors of skyscrapers symbolise high status. You can choose such an option at the most attractive prices at the start of sales of off-plan penthouses in Dubai.

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Advantages of the new residential complexes under development in Dubai

Buying a property is a significant decision about whether to purchase a ready-made property or invest in an ongoing development. Acquiring a penthouse at the construction stage is one way to buy it cheaply. Such residences are limited; therefore, the only penthouses in the building are usually sold out when the residential complex is delivered.

There are advantages to buying real estate in residential complexes in Dubai, such as:

  • The value of real estate appreciates by several tens of percent.
  • Instalments are possible. Most developers do not require the entire apartment cost to be paid in a lump sum, but it is enough to make a down payment when booking and then paying the remaining amount in instalments. Many developers offer the option of paying part of the property’s cost when it’s ready to be handed over to its owner.

Buyers are concerned about the security of the transaction, as many worry about the timeliness of residential complex delivery. However, in the United Arab Emirates, investors’ interests are protected by law. The developer must confirm its financial solvency before commencing construction, and it needs full access to homebuyer funds. This money is kept in a special account, which is given out in instalments at specific stages of construction. If the developer cannot complete the project, construction is entrusted to another developer. Thus, the buyer is protected from risks and financial losses.

Top off-plan penthouses in Dubai

Popular penthouses in the residential complex of Dubai for foreigners to move into are residences in the central parts of the city or coastal resort communities. Several well-known developers are launching brand-new projects this year. Here are a few properties you can consider for investment and moving.

Seapoint Residences

Emaar Properties is building a two-tower complex in the Emaar Beachfront residential area. Construction will be completed in the second quarter of 2028. Features of the housing complex include:

  • 10% down payment
  • Towers with three penthouses with five or six bedrooms
  • The district’s largest infinity pool
  • The ground floor is a commercial area with shops where residents can buy goods and products without leaving the building
  • This new Dubai building is 300 metres from the sea.

Residences are rented with exclusive finishes. Natural stone is used in interior design.

Creek Waters Apartments

The 52-storey tower is being built in Dubai Creek Harbour, located in the heart of the city. The skyscraper will have three-bedroom duplexes and spacious five-bedroom residences. Delivery is scheduled for the third quarter of 2027. Advantages of the residential complex include:

  • 10% down payment
  • Developed internal infrastructure: a swimming pool, a gym, and a park.

The complex has a convenient location. Downtown Dubai is a 20-minute drive away.

St. Regis Residences, Financial Centre Road, Dubai

The high-rise building is being built in the central part of Downtown Dubai. The building has residences with four to five bedrooms. The complex will be ready at the end of 2025. These housing complexes have many advantages, such as:

  • 50% of the property’s cost can be paid after the complex is completed
  • Panoramic views of the Burj Khalifa
  • Hotel services.

Apartments are rented with furniture and kitchen appliances.

Damac Bay by Cavalli

This complex, which has a developed internal infrastructure, consists of three skyscrapers by Damac Properties. The residential complex is being built in the Dubai Harbour community and will be ready in the second quarter of 2027.

Housing benefits are:

  • Two-storey duplexes with three to five bedrooms
  • Residences have private swimming pools
  • Exclusive interior design.

The complex is on the coast, and the sea is only 150 metres away.

One Crescent

A building with a limited collection of apartments is being built on the Palm Jumeirah island. Construction will be completed in 2025. You can purchase penthouses with three to four bedrooms. Features of the residential complex include:

  • 40% of the payment can be made after the complex is completed
  • Each residence has a private pool
  • Layouts with a private elevator, two kitchens, and staff quarters.

The complex is located 150 metres from the sea.

LIV LUX

This skyscraper is being built in Dubai Marina and will be ready in 2026. The building features five-bedroom duplexes on the upper floors.

This property has many advantages, such as:

  • 40% of the property’s cost can be paid upon construction completion
  • A panoramic view of the Persian Gulf
  • Exclusive interiors with marble and natural wood finishes
  • A jacuzzi and a private garden.

The internal infrastructure includes a gym, a swimming pool, a beauty salon, and an outdoor cinema.

Cavalli Couture

A 12-storey complex is being built in the Al Safa area. You can purchase six-bedroom penthouses in this complex, and premium real estate is rented with designer finishes. The residential complex has an infinity pool, a spa, a fitness centre, a cafe and a bar, a children’s playground, and sports grounds.

Our company will help you choose a penthouse in Dubai

Real estate specialists will suggest the most suitable districts for living and help with real estate investment choices. In the catalogue, you can see the current offers and prices in real-time. Our convenient search system has filters to select the area of interest and set cost limits. Our brokers are ready to answer all your questions regarding overseas property purchases. Now is the time to choose!

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