Rating of the most expensive real estate of Dubai

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Alyona
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09 Jan 2024
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09 Jan 2024
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Dubai is famous for its real estate market. Here, you can find luxurious properties in stunning locations near the Persian Gulf or in close proximity to the business district. In this material, we talk about the most prestigious and expensive neighborhoods in the city, and also showcase several options of elite real estate.

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In which areas is the most expensive real estate sold?

The most expensive real estate is sold in the following areas:

Downtown Dubai  

This is the central district and tourist center of the emirate. It is home to the city's main attractions, including the Burj Khalifa tower, the world's largest shopping center, Dubai Mall, the world's tallest singing fountain, and the Dubai Opera.

Business Bay  

A business district in Dubai and one of the main financial centers in the Middle East. The area is situated along both banks of the Dubai Canal.

Dubai Marina  

A waterfront district near the man-made bay, adjacent to the Palm Jumeirah island. It is ideal for a relaxed lifestyle, featuring the 7-kilometer-long Dubai Marina Walk and a nearby beach. Dubai Marina also houses the 7-story restaurant complex Pier 7.

Jumeirah  

A coastal area with predominantly low-rise villas. It is well-suited for families with a well-developed social infrastructure, proximity to the Persian Gulf coastline with city beaches, and numerous water sports activities. Note that this area is in demand among locals, and foreigners may not be as commonly found here.

Palm Jumeirah  

Symbolizing not only Dubai but also the UAE as a whole, it is one of the largest artificial islands globally. It is home to the luxury Atlantis hotel and a large water park.

Meydan City  

Part of the Mohammed Bin Rashid City or MBR City, named after the current Prime Minister of the UAE. Meydan City borders Business Bay, and nearby is the Ras Al Khor Flamingo Sanctuary and the Dubai Design District.

Damac Hills  

These two green areas, Damac Hills and Damac Hills 2, are located deep within the emirate, approximately 30 minutes by car from the coast. Both areas feature elite golf clubs owned by Donald Trump.

Dubai Creek Harbour  

A new symbol of Dubai located along the Dubai Creek canal. Dubai Creek Harbour has infrastructure for a comfortable living, and future plans include the construction of a shopping center surpassing Dubai Mall in size and a marina with an elite yacht club.

Rating of the most expensive real estate in Dubai  

Flats and apartments  

Palm Beach Towers  

Palm Beach Towers residential complex is located on Palm Jumeirah Island. From Palm Beach Towers, you can reach Dubai Marina in 8 minutes, Jumeirah Village Circle in 10 minutes, and Downtown Dubai with the legendary Burj Khalifa in 16 minutes.

The high-rise complex consists of 3 towers connected by a common functional podium. In total, there are 1265 apartments, including 32 beachfront residences and 16 duplexes in the 14-story Gateway building. The interiors of the project are decorated in shades of warm milk. Elements of golden decor are added to the apartment design, enhancing the understated color palette. The kitchens and bathrooms feature countertops made of natural stone. Thanks to panoramic windows, the space is filled with sunlight, making it more open and bright.

The lobby is done in almond shades, with marble accents in the finish. A lounge area is also arranged here, where you can relax with a cup of your favorite drink in the company of family and friends. A separate co-working area is equipped for meetings with colleagues and addressing business matters.

Residents have access to an infinity swimming pool with a scenic view that seems to blend with the horizon. A safe play area is set up for children, where they can have fun with their peers while you relax in the spa or attend to work tasks. After work, you can take a stroll through the coastal park and promenade in the company of loved ones.

The cost of 2-bedroom apartments starts from $1,420,000

Delivery date: 4th Quarter 2026

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Palm Beach Towers

Bugatti Residences

Bugatti Residences belongs to the renowned automotive brand Bugatti. It comprises two 43-story towers featuring a collection of branded residences. The design of the buildings is inspired by the atmosphere of the French Riviera, with the fluidity of sea waves and the futuristic form of sports cars.

The residential project is located in the Business Bay area, right in the center of Dubai. By car, you can reach the famous Burj Khalifa skyscraper or the Dubai Opera in 10 minutes. Jumeirah Beach is 13 minutes away from the complex, and Palm Jumeirah Island can be reached in 20 minutes.

The developer offers a choice of 182 residences with 2-4 bedrooms of various layouts. Each unit comes with a parking space. The ceiling height reaches 4.2 meters, and thanks to panoramic glazing, residents can enjoy picturesque views of Dubai right from their apartments.

All units are styled in the Bugatti theme. The design of each residence incorporates modern and natural elements with elegant lighting fixtures. The interiors themselves are made of marble and precious wood in subtle tones of blue, gray, and chocolate, with the addition of chromed surfaces.

Residents of the complex can enjoy a swimming pool, private beach, spa salon, and a modern fitness center.

The cost of 3-bedroom apartments starts from $9,960,000

Delivery date: 1st Quarter 2026

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Bugatti Residences

Cavalli Couture

An elite residential complex created by the iconic Italian designer, Cavalli Couture is located just steps away from the picturesque waterfront within the 64-hectare Safa Park. The park is renowned for its lush nature and first-class entertainment. In the evenings, residents can enjoy a family stroll across the illuminated Tolerance Bridge.

The 13-story project houses 70 apartments. The developer offers various layout options, including designer apartments with 3-5 bedrooms and penthouses with 6 bedrooms, private terraces, and infinity swimming pools. Almost all units boast unparalleled views of the Dubai Canal and Safa Park.

Owners have everything to feel like they are in an oasis: in addition to private terraces, the project features relaxation areas, shaded walkways, and equipped playgrounds for leisurely walks and relaxation with family and friends.

The cost of 3-bedroom apartments starts from $5,800,000

Delivery date: 1st Quarter 2026

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Cavalli Couture

Address Boulevard

Address Boulevard is one of the tallest skyscrapers in the world by Emaar Properties. The 72-story tower is located in the central district of the city – Downtown Dubai. Nearby are the famous Burj Khalifa skyscraper, the singing fountains of Dubai Fountain, and the largest shopping center, Dubai Mall.

The developer has planned 532 lots with 1-5 bedrooms. All residences are designed in the Art Deco style, with unique art pieces and refined furniture integrated into the interiors. The panoramic windows offer breathtaking views of the center of Dubai and its main landmarks.

Residents don't need to leave the complex to have a relaxing day: there is a fitness center with personal trainer services, swimming pools with panoramic views, jacuzzis, hammams, and cosmetic studios. Conference halls and business meeting rooms are perfect for addressing business matters and conducting meetings.

Several medical clinics are located in the area, and for the little residents, there are daycare centers. International schools are just a 5-minute drive away.

The cost of 4-bedroom apartments starts from $30,770,000

Delivery date: Already completed

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Address Boulevard

Villas

Six Senses  

The complex is located on the western crescent of The Palm Island. In just 45 minutes by car, you can reach Downtown Dubai, the Dubai Mall shopping center, and the Burj Khalifa skyscraper, and in 17 minutes – the Dubai Marina area.

The developer offers various layout options. In the low-rise Penthouse Blocks, there are apartments with 2, 3, and 4 bedrooms, while in the Sky Villas, you can choose a 2-story residence with 3 or 4 bedrooms and a swimming pool on a private balcony or a penthouse with a panoramic swimming pool. The gem of the project is the Signature Villas, where residents have access to a private swimming pool, a garden for quiet walks and picnics, a barbecue area, as well as fitness and entertainment rooms. Additionally, the villas have direct access to the beach.

The interiors of the villas and apartments are in light natural tones of wheat and almond. Panoramic windows and open spaces fill the rooms with sunlight. Kitchens are equipped with built-in appliances, and bathrooms with panoramic windows feature modern plumbing.

In the complex lobby, residents are greeted by a concierge who is happy to assist with any household matters: booking plane tickets, reserving a golf course for the weekend, or suggesting the best family-friendly places in the city.

The residential complex is part of the well-known Six Senses Hotels Resorts Spas network. All residences are managed by the hotel, providing owners with privileged access to all hotel services and amenities. In line with the brand's philosophy, a wellness center is located on the premises. In addition, residents receive a 10% discount on spa treatments, food and beverages, and a free gym membership, along with the opportunity to have lunches and dinners at the restaurants. For those working from home, the coworking area is an excellent fit. Here, you can conduct business meetings or video calls.

The cost of a 2-bedroom apartment starts from $3,130,000

Delivery date: 2nd Quarter 2024

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Six Senses

Jasmine Lane

Jasmine Lane, renowned for its villas, is situated in the globally acclaimed golf community of Jumeirah Golf Estates. The project's location allows for quick access to the Persian Gulf, the Dubai Marina area, and JBR Walk – just a 25-minute drive away. The city center of Downtown, with its iconic Burj Khalifa skyscraper and the Dubai Opera, is an hour's drive.

The project's facades are designed with panels in varying shades of ash gray and sandy tones. Balconies are adorned with contrasting slatted railings, adding brightness to the restrained exterior of the complex. The villas are also styled in a sandy palette, with all interior details elegantly finished in golden tones. Each unit features a terrace and a private patio, where residents can create a family lounge area or even build their own workout space.

Within the complex, there are swimming pools and relaxation areas with loungers, allowing residents to enjoy coolness and comfort in a secluded atmosphere.

The area is home to stylish cafes and exquisite restaurants, where everyone can satisfy their culinary desires. Supermarkets, shopping centers, and pharmacies provide all the necessary amenities at any time of day.

The cost of a unit starts from $1,000,000

Delivery date: 3rd Quarter 2024

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Jasmine Lane

Four Seasons Private Residence

Four Seasons Private Residence is a complex of villas and apartments offering 5-star service, located on the banks of the Dubai Water Canal in the Jumeirah area. The location boasts excellent transportation accessibility, with a 10-minute drive taking you to the city center, bringing you close to the iconic Burj Khalifa skyscraper, Dubai Mall, and the picturesque dancing fountains. The Business Bay business center is just 10 minutes away. The Ras al Khor Wildlife Sanctuary, a nature reserve, is only 16 minutes from the complex.

The 2-story penthouses feature spacious terraces, while the villas are complemented by private swimming pools and well-maintained gardens, providing space for relaxation with loved ones, picnics, or yoga sessions. The interior design was created by the French brand Sybille de Margerie.

The lobby features a lounge area with a fireplace and comfortable furniture. On the second floor, there is a cozy relaxation area with enchanting views of the water canal.

Residents of the project have privileged access to the services of the Four Seasons network. Residents can unwind in the swimming pool, located on the picturesque landscaped terrace, while enjoying views of the water canal.

The cost of a villa starts from $10,620,000

Delivery date: Already completed

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Four Seasons Private Residence

Penthouses

Creek Waters  

The complex Creek Waters is situated in the coastal area at the heart of Dubai – Dubai Creek Harbour. Inside, you'll find the Ras Al Khor Wildlife Sanctuary, where you can spot the famous pink flamingos and stroll through parks and open spaces. The transportation system connects different parts of the area. A drive to Downtown takes 16 minutes, while Palm Jumeirah and Dubai Marina are reachable in 25 minutes. The major shopping center, Dubai Mall, is just a 15-minute drive away.

The developer offers various layout options, including spacious penthouses for the whole family with 5 bedrooms. They are also designed with a study where work meetings can be conducted. Panoramic windows provide stunning views of the Dubai Canal and the Ras Al Khor Sanctuary. All units come with designer finishes, built-in appliances, and plumbing fixtures. The overall interior concept supports light pastel tones in the decor.

In the spacious lobby, residents are greeted by a concierge who is always ready to assist with everyday matters, from ordering a taxi to booking a table in a restaurant for a business meeting.

The 50-story tower with a landscaped podium offers relaxation and entertainment zones. Here, you can unwind and take a dip in the infinity pool, then head to the gym with an open yoga area. Right at the doorstep of the complex is a park where you can enjoy a peaceful stroll after a workday.

The cost of a penthouse starts from $1,600,000

Delivery date: 3rd Quarter 2027

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Creek Waters

Vela

The residential complex Vela is located in the renowned Business Bay, one of the most recognizable districts in Dubai. From here, residents can conveniently and quickly reach all parts of the city. It takes just 7 minutes by car from the complex to reach Downtown Dubai, and 15 minutes to the picturesque Dubai Marina, the famous artificial island of Palm Jumeirah, and Dubai International Airport.

The complex consists of 2 interconnected towers, each standing at a height of 150 meters. Prospective residents can choose from 38 apartments with 3-4 bedrooms, as well as penthouses. The interiors of the complex were designed by the French duo of designers Gilles & Boissier, who brought their unique taste and made the interior concept memorable. The ceiling height in some residences reaches 6 meters. Panoramic windows allow natural light to go in, allowing residents to enjoy sunsets and sunrises.

For the residents of the complex, there is an infinity swimming pool where they can relax after work and enjoy the endless horizon. Movie enthusiasts will appreciate the cozy private cinema. A lounge area is provided in the lobby for business meetings. While you conduct business calls, children can have fun and socialize with peers in a safe play area.

The cost of a penthouse with 4 bedrooms starts from $16,280,000

Delivery date: 4th Quarter 2026.

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Vela

Jouri Hills

Jouri Hills is a collection of villas and townhouses in the Jumeirah Golf Estates community. From Jouri Hills, you can drive to Dubai Marina and The Palm Jumeirah in 16 minutes. Downtown Dubai and Jumeirah Beach are within 24 minutes.

The developer not only offers spacious townhouses with 3-4 bedrooms but also luxurious family villas with 5-6 bedrooms. Each residence is equipped with a Smart Home system, and the designer interiors are done in a neutral beige palette.

Within the community, residents can enjoy a variety of golf courses designed by Greg Norman – Earth and Fire. Adjacent to the project are 2 shopping centers, supermarkets, and restaurants featuring cuisines from around the world.

The cost of a villa starts from $8,826,000

Delivery date: 2nd Quarter 2025

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Jouri Hills

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Return on investment in real estate

On average, the return on real estate investment in the UAE is around 10-12 years. Since 2022, Dubai has significantly improved its position in the ROI rankings.

In Dubai, it is most profitable to buy real estate at the start of construction because by the time the project is completed, property values typically increase by 15-30%. With a favorable scenario, resale of apartments in new developments can yield up to 90% of the initial cost.

Rental yield from real estate in Dubai is around 15% for short-term leases and 5-8% for long-term leases. Of course, the actual returns depend on the location, class, and cost of the property.

Conclusion  

If you are considering investing in real estate in Dubai and other emirates, we can help. Call us at +7 (495) 431-99-33, and the experts at Whitewill will assist you in finding suitable options with the highest liquidity. They can also help you obtain a residency visa for yourself and your family.