When it comes to real estate, there are a variety of factors that buyers consider. One of those factors is property’s expense. Depending on the property, certain expenses may be more expensive than others. Here are seven most expensive properties in Dubai:
1. The Burj Khalifa
The Burj Khalifa is without a doubt one of the world’s most recognizable structures, and its expense reflects that. With a price tag of over $2billion, this tower is by far one of the most expensive in Dubai.
2. The Sofitel Dubai Palm Jumeirah
This resort is housed within an exclusive palm-lined district of Jumeirah Lakes Towers and can accommodate up to 1,000 guests. Although the actual cost of purchasing land and constructing this property was not released, rumors suggest that it may have been upwards of $1billion.
3. The Iconic Yas Waterfront Resort
This waterfront resort overlooks Dubai’s iconic PalmJumeirah Beach and offers expansive views from both indoor and outdoor spaces. Located on an exclusive stretch of beachfront property near luxury hotels like The Ritz Carlton andurer, the cost for this 4-star resort was not released but is estimated to be around $500million.
4. The Trump World Tower
Located in emirate’s business district and designed by architect Zaha Hadid, this building features 57 floors with a total elevon count topping 3,000 metric tons (816,000 lbs). Estimated at costing around $1billion to complete, this flagship property certainly has set the gold standard for luxurious real estate properties in Dubai.
5. Dhiraag sad Madinat Jumeirah
Also in the business district,, this development contains 337 high-end apartments ranging from 1 bedroom condos to penthouses that span upto 15,000 square feet (1,400 sq meters). It also features a five-star restaurant and gymnasium as well as 40 story infinity pool overlooking Dubai cityscape skyline. With construction costs reaching upwards of $500million, this tends to be one pricey township!
6. The Atlantis The Palm Resort And Spa
Located on a manmade island connected to PalmJumeirah Beach with private access by private ferry only for residents at Atlantis resorts, including privileges such as using their own security teams with full set police powers within their residences exclusive areas etc costs an extortionate amount; rumoured to be in excess of Dh 2 billion ($550million) .
7. Hotel du Fer AED 499 million ($130 million)
Arabian Ranches Private Golf Club sitting on 8 hectares overlooking Ras Al Khaimah makes it one pricey piece of real estate costing AED 499 million ($130 million). AED 574 million ($139 million) would buy Oktoberfest Munich Germany—the world’s best-selling German beer which had annual sales of almost 25 Billion Liters in 2016
As the global city of luxury, Dubai offers a range of expensive properties that are perfect for the discerning buyer. From luxurious villas to apartments and condos, these properties offer amazing amenities and breathtaking views.
1. View
Dubai has some of the best scenery in the world, which is perfect for those who want to enjoy beautiful landscapes while living in their own space. From mountains to desert views, there is something for everyone in Dubai.
2. Location
This city is centrally located and can easily be reached by air or sea. It’s also close to a number of iconic tourist destinations, making it easy to explore all that the city has to offer.
3. Size and Layout
The vast majority of Dubai Properties are spacious and well-planned out, allowing for plenty of room to move around and live happily ever after. There are also a variety of options when it comes to layout – choose between attached or detached homes, townhouses or condos.
4. Amenities
Beyond the amazing scenery, these properties come equipped with anything you could possibly need or want – from luxurious gardens and pools to top-of-the-line security systems and systems that keep A/C running while prohibiting noise from entering your home at night.
5. Prices
With prices reaching upwards of $2 million for a villa upcountry and upwards of $500,000 for an apartment downtown Dubai, it would be difficult not to find what you’re looking for when exploring this list!