INSIGHTS & TIPS
TOP-12 Apartments
for Sale by Emaar
TOP-12 Apartments for Sale by Emaar
10th October 2021
The prices mentioned in the article are
current as of the date of publication
The prices mentioned in the article are current as of the date of publication
Introducing
Famed for the record-breaking Burj Khalifa skyscraper and the biggest mall in the world - The Dubai Mall, which are both located in the sought-after district of Downtown Dubai, Emaar Properties is rightfully considered one of the top luxury developers worldwide.
In the first half of 2021, the award-winning development company achieved a record AED 23.5B (USD 6.4B) in real estate transactions, up from USD 1.4B during the same period last year.
Emaar attributes this excellent financial performance to the sale of under-construction projects and the successful releases of properties in the UAE and overseas. While the high-end segment of the real estate market in Dubai is currently enjoying a boom, it is worth considering an option of investing into luxury residential projects by Emaar Properties. Let’s take a look at the TOP-12 most popular apartments by Emaar, as well as their benefits, the key features of the properties and current prices.
TOP-12 Apartments
for Sale by Emaar
The real estate portfolio of the largest listed developer in the UAE does not include budget-friendly properties, however, Emaar still remains in high demand due to on-time delivery of units, high quality finishings and fittings and attractive locations that the company chooses for its developments. It is worth noting that below-mentioned properties are worth over AED 1M (USD 272K) and provide buyers with an attractive opportunity of obtaining a 3-year renewable investment visa. As a matter of fact, the minimum financial requirement to apply for this type of visa was recently reduced to AED 750K (USD 205K) from AED 1M (USD 272K) in September 2021.
This offer is applicable only to residential freehold properties and units ready to move into. But even investing now in properties under construction, investors and buyers can count on a 3-year visa in the future, after all the construction work and commissioning of the project is complete. In case the property is mortgaged, 50% of its value has to be paid to the bank, or an amount equal to AED 750K (USD 205K) before a visa can be issued. This visa can be maintained for as long as the investor owns property in the UAE. Meanwhile, its benefits include eligibility for applying for family sponsorship, an Emirates ID, a UAE driving license and opening a bank account, just to name a few.
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Emaar Beachfront
Spanning across 10 million sq.ft, Emaar Beachfront is part of the large-scale Dubai Harbour project, set between Palm Jumeirah and Mina Seyahi. Besides the 27 Miami beach style residential towers, the long-awaited development will feature a collection of gourmet restaurants, a 5-star Address Hotels + Resorts, a 194,000 sq.ft. mall and a pedestrian bridge with cycling and running tracks, which will connect the entire Dubai Harbour to Palm Jumeirah. Furthermore, residents of Emaar Beachfront will benefit from unlimited access to a private beach of nearly 5,000 sq.ft.
The master plan of the gated island destination also includes F&B outlets, beachside play areas and retail pop-ups, providing an abundance of leisure and entertainment options for visitors and residents. Upon completion, Dubai Harbour is set to become the largest marina in the Middle East. Emaar Beachfront property owners will have easy access to Dubai Lighthouse, a yacht club, F&B venues and numerous entertainment & retail spaces. The expected average ROI across Emaar Beachfront is 7-8%.
1
Palace Beach Residence is a complex that consists of 2 towers of 29 and 39 floors high, with 550 units in total. End-users and investors can choose from an extensive array of branded 1, 2 and 3-bedroom apartments of 599 to 2,012 sq.ft, alongside duplexes, penthouses and villas. The project was launched in Q1 2021 and the crafted development is due for completion in Q4 2025.
Residents of Palace Beach Residence will have unlimited access to a range of unparalleled amenities, including a private beach, a children’s pool, BBQ areas, a swimming pool and a fully-equipped gym, as well as 24/7 concierge services and security, and assistance in property management from the trusted brand of Emaar Hotels & Resorts.
Starting Price: AED 1,700,000 (USD 463,000)
2
Beach Isle, released in Q1 2020, is a 52-storey tower which offers 402 units of 1, 2, 3 and 4-bedroom apartments of 772 to 10,328 sq.ft. for sale. These elegant apartments boast a contemporary design, an open plan kitchen, home appliances and floor-to-ceiling windows.
Among numerous benefits of property ownership in Beach Isle, there is full access to a 4,921 ft private beach, a world-class yacht club, as well as retail & dining outlets. As well as all that, the high-end development offers a set of excellent facilities to its residents such as a Miami-style pool deck, a tropical garden room, cabanas, an infinity pool, a children’s splash pool, a barbecue area and a gym. The handover of Beach Isle at Emaar Beachfront is scheduled for Q2 2023.
Starting Price: AED 1,533,888 (USD 417,000)
Downtown Dubai
Downtown Dubai is a huge commercial and residential development worth AED 73B (USD 20B) in the north of Dubai. The district is situated along the Sheikh Zayed Road and is bound by Business Bay and the Trade Center. Its strategic location is one of the key factors among business individuals, entrepreneurs and office workers for both commercial and residential properties in this area, which make it an extremely in-demand area to reside in.
Alongside numerous 5-star hotels, Downtown Dubai houses several record-breaking attractions, which include:
Furthermore, its laser show "Light Up" held for the New Year’s Gala broke a world record in 2018 for the largest sound and light show on a single building. This area also boasts the Dubai Trolley, which is the first hydrogen-powered, zero emission street trolley. Besides the previously mentioned leisure destinations, Souk Al Bahar in Downtown Dubai is also ever popular among tourists and locals. It features over 100 antique carpet shops and lifestyle stores, as well as 22 restaurants, cafés and lounges.
As reported by Bayut & Dubizzle, Downtown Dubai is the second most popular area for luxury apartments, as it witnessed an increase of 7.11% of the price-per-square-foot in H1 2021, from AED 1,160 (USD 316) in H2 2020 to AED 1,242 (USD 338). Meanwhile, apartments in Downtown Dubai generate a ROI of 4.6%. According to Vision 2040, Downtown Dubai, as well as 4 other urban centers, will undergo a series of changes in order to stimulate the property development and lower the infrastructure expenses. Thus, this area plans to be rejuvenated together with Business Bay to become a centralized location of the thriving financial hub of Dubai.
3
The opulent 77-storey Il Primo offers masterfully crafted 4 to 6-bedroom apartments with a minimum area of 4,974 sq.ft, as well as duplexes for purchase. All home owners will be able to benefit from a dedicated concierge service, and there is a separate staff entrance to maintain the building’s premium image and the convenience of its residents.
Glamorous apartments boast generously sized living rooms, full-height window walls with stunning Downtown Dubai views, marble features and sleek wooden elements which exude refined elegance throughout. Furthermore, the white marble floors complete the flawless interiors. Property owners will enjoy numerous luxury amenities right on their doorsteps, including a games room, a cigar lounge, a gym, a golf simulator, a movie theater and a library, just to name a few.
Meanwhile, direct access to Mohammed Bin Rashid Boulevard provides even more leisure and entertainment options. The expected completion of Il Primo is set for Q2 2022.
Starting Price: AED 20,601,888 (USD 5,609,200)
4
The ultimate development of Act One│Act Two by Emaar is a twin-tower complex, featuring 1, 2, 3 and 4-bedroom apartments with an area ranging from 740 to 4,490 sq.ft. Both towers have 45 storey’s and as stated by Emaar, this is the last residential project in the Opera District. Set on a podium connection, Act One│Act Two is inspired by the dynamic features of the dancing Dubai Fountain. As of Q3 2021, it has marked a rate of 74% completion. Residents of the stunning development will be able to benefit from a range of gorgeous roof terraces and balconies overlooking the magnificent city of Dubai.
Meanwhile, the towers grant access to a gym, a health club and a collection of fine dining venues. Other prime amenities in Act One│Act Two include surveillance cameras, a children’s playground, coffee shops, mini-markets and a temperature-controlled shared residents pool.
Starting Price: AED 1,566,888 (USD 426,700)
5
Burj Crown is a 44-storey luxury tower and is the final residential tower that will complete Downtown Dubai. The high-rise development features a range of 1, 2 and 3-bedroom apartments of 578 to 2,084 sq.ft. with premium-quality fixtures and finishes. To elevate residents’ experience, Burj Crown features a contemporarily designed reception and a lounge area and there will also be a ‘Leisure Deck’ which will be a spacious outdoor area with green spaces for recreation.
Among other world-class amenities, there is an outdoor children’s pool, a play area, a dedicated BBQ area and a swimming pool for adults. One of the most attractive features of Burj Crown is a footbridge that links the podium to the adjacent tower, which is clad in a material that appears reflective during the day and transparent at night.
The tower is also set to include direct access from Sheikh Mohammed bin Rashid Boulevard with a dedicated drop-off area for residents and taxis. Burj Crown is due for completion in Q4 2023.
Starting Price: AED 1,867,888 (USD 508,600)
Dubai Marina
Once a small cluster of waterfront high-rises, Dubai Marina now proudly carries the title of the largest man-made marina, and it is also home to one of the most popular beaches of Dubai. The marina area is divided into 2 parts: The Beach and Jumeirah Beach Residence, offering world-class hotels, clubs, bars, restaurants, a promenade, and over 200 skyscrapers, most of which are residential. In fact, Dubai Marina is the largest freehold residential development in Dubai regarding the number of buildings and overall population. As well as this, the area constantly attracts many investors and end-users, being the city’s best-connected development in terms of transportation. As for major attractions, Dubai Marina is home to the 101-level Princess Tower, the world's second tallest residential tower and Dubai Marina Mall, which offers 130 retail outlets and a 6-screen Reel Cinemas, alongside eateries and a play area.
In H1 2021, Dubai Marina was the favorite for luxury apartments, generating an ROI of 5.54%. Meanwhile, the price-per-square-foot increased by 7.11% in the first half of this year, compared to the second half of 2020 – from AED 1,160 to AED 1,242 (from USD 316 to USD 338), according to Bayut & Dubizzle.
6
The residential project of 52│42 comprises 2 individual towers of 52 and 42 storey’s. There are 260 and 162 apartments respectively, with an additional 44 units on the podium level. Launched back in Q2 2016, this is one of the last land plots in Dubai Marina to be claimed, and brings the master developer of the area ever close to completion.
End users and investors have an opportunity to choose from a range of stylish 1, 2, 3 and 4-bedroom apartments of 611 to 720 sq.ft, most of which are set to have beautiful views overlooking the sea and marina.
Inspired by art deco architecture, 52│42 also includes amazing amenities, such as a gym, swimming pools, a multi-purpose hall and a children’s play area. Meanwhile, the podium is home to gardens, private terraces, infinity pools, retail stores and F&B spots. The sought-after development of 52│42 was successfully completed in Q3 2020.
Starting Price: AED 1,964,888 (USD 535,000)
7
VIDA Residences Dubai Marina is a branded mixed-use development which includes the VIDA Hotel and a Yacht Club, alongside 1, 2, 3 and 4-bedroom VIDA Residences, with 361 units in total. Apartments are located on levels 14-56 and are designed in a Miami style with breeze blocks and timber paneling. Meanwhile, the area of properties ranges from a compact 742 sq.ft to a colossal 10,000 sq.ft.
Furthermore, homeowners will benefit from balconies with stunning waterfront views. VIDA Residences Dubai Marina is set to appeal to both local and foreign investors, since the properties can serve as a first home, long stay residence or a holiday home. The long-awaited development grants full access to a variety of amenities, including a fitness center, a spa, a sauna, a hammam pool, swimming pools & a children’s play area.
As well as all the above, VIDA Residences Dubai Marina offers a 24/7 security service, apartment maintenance, concierge service and a lounge area. As of Q2 2021, the project has marked 71% completion with the handover date scheduled for the end of October 2021.
Starting Price: AED 1,300,000 (USD 354,000)
Dubai Hills Estate
Spanning across 118.4 million sq.ft, Dubai Hills Estate comes as the second phase of the Mohammed Bin Rashid City with landscaped green areas, parks and open spaces set around a beautiful 18-hole championship golf course operated by Troon Golf. Launched in 2014, the extensive residential and lifestyle community is set to feature fine dining eateries, 2 hotels, a tennis academy, cycling & running tracks, alongside 4,600 villas, 2,200 apartments, 2.1 million sq.ft. of office spaces and 2.2 million sq.ft. of retail.
There are already 3 operational schools set within the community and Dubai Hills Park opened in Q1 2021 with a splash park, a skate park and its own ice rink. As well as all this, residents of Dubai Hills Estate are eagerly awaiting the opening of Dubai Hills Mall in Q1 2022. Offering 2 million sq.ft. of leasable area, the mall will include 600 outlets with a range of F&B venues and retail stores, a hypermarket, Cineplex and leisure centers. As of 2021, apartments in Dubai Hills Estate generate a rental yield of 5.1%.
8
Green Square is a 12-storey residential building, which offers 1, 2 and 3-bedroom apartments for sale. Each residence boasts modern and sleek finishes, as well as high-ceilings and floor-to-ceiling windows, ensuring an outstanding view of the surrounding area and luscious greenery.
Designed as a destination for living, working and relaxing, Green Square provides its residents with a set of outstanding amenities. These include a state-of-the-art gym, an infinity pool, a zen garden, a yoga garden, a business café and a children’s play area, alongside exclusive access to the previously mentioned 18-hole championship golf course.
The estimated handover date of Green Square is scheduled for Q2 2022.
Starting Price: AED 1,066,888 (USD 290,500)
9
Released in Q4 2017, Park Ridge is a residential complex consisting of 2 towers standing at 22 storey’s and 10 storey’s high. Property buyers can choose from an array of 1, 2 and 3-bedroom apartments between 633 and 2,881 sq.ft. designed with absolute sophistication.
Meanwhile, each tower will be fitted with fully serviced modern gyms, well maintained shared spaces and a swimming pool, in addition to nearby restaurants & cafés. Furthermore, apartment owners will be able to benefit from CCTV security, a jacuzzi & steam room, a spa and a cleaning service. In Q2 2021, the highly anticipated project marked 71% completion. The handover date of units is scheduled for Q2 2022.
Starting Price: AED 1,066,888 (USD 290,500)
Dubai Creek Harbour
The stunning waterfront development of Dubai Creek Harbour is situated along Ras Al Khor Road and covers a colossal area of 64 million sq.ft, which is double the size of Business Bay and 4 times the size of Downtown Dubai. Upon completion, the area is expected to have 48,500 residential units in total and accommodate over 200,000 residents, as well as a 450,000 living and working population. Dubai Creek Harbour is designed as a walkable, accessible and sustainable city of the future with retail, office, cultural and community spaces, alongside residential developments set in 9 districts. Currently Dubai Creek Tower is under development, which is set to dwarf the Burj Khalifa at the height of 3,045 sq.ft. The $1B project will offer 10 observation decks, an indoor garden, a hotel and exclusive restaurants. Dubai Creek Harbour is also adjacent to Ras Al Khor Wildlife Sanctuary, which is one of the few protected urban areas in the world. The return on investment for this area is averaging around 4%-5.2% per year.
10
Bayshore is a residential multi-building complex, offering 1, 2 and 3-bedroom apartments of 647 to 1,498 sq.ft. for purchase. There are 301 residences in total, the interior design of which is inspired by traditional Middle Eastern architecture.
The AED 257.1M (USD 70M) project consists of 4 blocks and its master plan includes the following world-class amenities: barbecue areas, a gym, swimming pools for adults and children, and a multi-purpose room.
In addition, property owners will be granted full access to the beach, a private courtyard and a basement car park with allocated parking. Meanwhile, the little ones will be able to keep themselves busy in the outdoor play areas. Bayshore is set for handover in Q2 2022.
Starting Price: AED 2,042,888 (USD 556,300)
11
Creek Gate, launched in Q1 2017, is a multi-building complex with 2 residential towers consisting of 30 floors each. Comprising 1, 2 and 3-bedroom apartments of 720 to 3,000 sq.ft. with alluring facilities, Creek Gate is focused on providing a premium lifestyle to its residents.
Some of the key features of the luxury apartments are balconies and floor-to-ceiling windows which overlook the Burj Khalifa and the upcoming Dubai Creek Tower. Furthermore, smooth wooden elements and polished marble will be featured in the sleek interior design plans.
Facilities in Creek Gate include, but are not limited to a children’s play area, a gym, a viewing terrace with lounges and a nursery, as well as 24/7 security and covered parking. The development is expected to be ready for handover in Q4 2021.
Starting Price: AED 1,792,888 (USD 488,200)
12
One of the most trending complexes in Dubai, Creek Palace is the very first Palace branded residential building. It comes as a collaboration between the master developer and the luxury Address Hotel + Resorts, providing residents with full access to the hotel and its 5-star services.
Creek Palace consists of 2 modern 44-storey towers with 1, 2 and 3-bedroom apartments with a minimum living area of 643 sq.ft. Meanwhile, a range of premium onsite facilities include 24-hour concierge and parking services, a children’s playground and swimming pool, an infinity pool, a yoga studio and a gymnasium with world-class equipment.
As well as all the above, ownership of a Creek Palace apartment provides additional benefits, such as access to on-demand housekeeping services, on-demand hotel services and priority discounts on hotel facilities, alongside a spa and gourmet dining. The estimated completion date of Creek Palace by Emaar Properties is in Q4 2023.
Starting Price: AED 1,040,000 (USD 283,200)
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