Penthouse in Downtown Dubai
Penthouses in Dubai in the Downtown Dubai district is a worthy choice of housing for moving and profitable investment. The community is under active development, so all the facilities are modern. Penthouses are located on the top floors of the skyscrapers, usually occupying the top floor, but can also occupy two levels. In terms of convenience, these properties can compete with townhouses and villas, as there is enough space to implement any creative plans.
One of the main advantages of this type of real estate is its uniqueness. Luxury housing emphasizes the status of its owner and provides comfort. Layouts differ in area, number of bedrooms, and availability of additional premises. You can find accommodation with a swimming pool, a terrace, a landscaped roof garden, a private gym, or a jacuzzi. Expensive premium-quality materials are used in the decoration of the premises. Many developers offer penthouses already equipped with furniture and household appliances of world brands. This allows you to move into the apartment immediately after its purchase.
The central community of Dubai attracts people from all over the world. People come here to relax and get acquainted with the iconic sights, such as the Burj Khalifa tower and the fountain show, or they consider the area as a place to work and then move to permanent residence. Cutting-edge modern buildings and well-developed internal infrastructure make the community attractive for comfortable living. Three reasons to buy property in the area include:
- High-quality housing that fully meets the high requirements for comfort.
- An opportunity to live in the centre of a dynamic bustling metropolis.
- Investment attractiveness and profitability of exclusive properties.
There are equally comfortable conditions for businesspersons and young professionals, as well as for families with children: there are schools, shops, hospitals, the largest shopping centre, restaurants, and entertainment facilities nearby. And although the community is not located directly by the sea, living in a penthouse with a swimming pool and the numerous advantages of the city centre fully compensate for this.
Penthouse prices in Downtown Dubai
The cost of a penthouse in Downtown Dubai, UAE directly depends on the number of bedrooms. Average prices look like this:
- 4-bedroom premises available for AED13,700,000 ($3,700,000)
- 5-bedroom residences with a swimming pool are on sale for AED36,700,000 ($9,990,000).
The maximum sales figure at the time of publication reached AED54,000,000 ($14,700,000). For this price, you can purchase a 5-bedroom residence that completely occupies the entire floor. It is important to keep in mind that prices change regularly, so it is more advisable to focus on the cost closer to the time of booking the chosen property.
The city centre is a free economic zone. This allows foreigners to buy a penthouse apartment in Downtown Dubai for investment or personal use on a private property basis. Investing in real estate in the community is potentially profitable: it is one of the top three in terms of popularity of luxury housing. The area is in demand among tenants and buyers on a par with Dubai Marina and Palm Jumeirah, where people prefer purchasing real estate with sea views. The average rent for 5-bedroom residences is AED712,000 ($194,000) per year. At the same time, the upper price threshold reaches AED2,200,000 ($599,000). The more comfortable the property, the higher the rent.
Investing in a penthouse in Downtown Dubai will save your money from inflation. Housing in Dubai is steadily rising in price. At the same time, since the beginning of the pandemic, spacious properties have gained increased demand, which have grown in price most significantly. The area’s development is close to completion, therefore, the number of free offers in new facilities will decrease, and prices will rise. Due to the limited supply, penthouses easily find their buyers. Therefore, if there is a desire to resell the apartment, it can be done with profit.
We’ll help you to buy a penthouse in Downtown Dubai
The website publishes profitable offers from the developers. The ad database contains up-to-date information and is regularly updated. A convenient search system allows you to set filters by location, number of rooms, or price. Brokers will assist you with choosing a penthouse in the city centre or on the beach. Both finished and under-construction off-plan properties are available. Experienced lawyers are ready to provide legal support for the transaction with a guarantee of the security of buying foreign real estate. Check out the prices for exclusive residences in the city centre or by the sea right now.
