Dubai: real estate by the sea

Many of our compatriots are attracted by the purchase of so-called "second" houses by the sea, where you can come at any time of the year with the guarantee that it will be sunny and warm, that you can sunbathe, swim and enjoy your vacation or weekend. Given that a flight to Dubai, say, from Moscow takes only 5 hours, and both cities are in the same time zone, it becomes clear interest in this type of investment.

Dubai is a city leaving both clouds and the sea; a challenge to the desert and human imagination; the center of the world's tallest skyscrapers and fantastic artificial islands, fabulous entertainment and enchanting festivals. An amazing city that grew up on the edge of the desert, as if created in order to impress the human imagination.

Dubai is a world-famous year-round tourist destination for family and outdoor activities, alluring with its warm sunny climate, white sandy beaches and azure waters of the Persian Gulf. Dubai is a paradise city for tourists, because here they are waiting for excellent service, fashionable hotels and excellent conditions for sports, recreation, shopping.

Today, vacationers are joined by those who wish to live in a modern metropolis, which has all the advantages of a luxury seaside resort. Even despite the crisis, construction in Dubai continues, and every month new and new facilities are commissioned. Thanks to existing legislation, foreign investors now have the opportunity to acquire property in the emirate of Dubai for the purpose of further residence or leasing.

However, with all the variety of real estate sold in Dubai, the choice of projects on the so-called "first line", that is, located directly on the seashore, for acquisition of ownership by foreign citizens is limited. This is, first of all, due to the fact that among the entire coastal territory of the emirate, only artificial bulk islands (three “Palms” and the project “The World”) fell into the “freehold” zone, where property rights are allowed for foreigners. , the Dubai Marina area and the area west of Jebel Ali Port, is the Dubai Waterfront coastal mega-project. Moreover, Waterfront, Palm Jebel Ali, Palm Deira and The World have not yet been built up (and Palm Deira have not yet been poured) and will not be built up in the next few years.

Thus, the choice of freehold housing by the sea is limited by a relatively small number of projects in the areas of Dubai Marina and on the bulk island of The Palm Jumeirah. Let's consider these projects in more detail. But first, it is necessary to clarify that we can talk about the following three fundamentally different types of residential real estate:

  • Apartments

These are apartments in an apartment building (complex). As a rule, residential complexes include everything necessary for a comfortable life - parking, swimming pools, recreation areas, gyms, etc.

  • Villas

These are detached or semi-detached houses (townhouses) with a land plot belonging to them, on which, depending on its size, there may be pools, gardens, gazebos, etc.

  • Hotel Apartments

These are apartments managed by the hotel (hotel room) or apartments that are maintained by the hotel’s operating company. We can also talk about villas in the hotel complexes, managed or maintained by the hotel.

So, here is a list and a brief description of the main coastal projects of Dubai, in accordance with the above classification:

Apartments by the sea

DUBAI MARINA

A fashionable coastal area comprising more than 200 multi-story residential buildings and hotels. Located in the center of new Dubai around an artificial bay 5 km west of Palm Jumeirah. Apartments - from studios (40 sq. M.) To penthouses US $ 2000-4000 per sq. M. m

JUMEIRAH BEACH RESIDENCE (JBR)

A complex of 36 residential skyscrapers and 4 hotels on the 1st line of the sea with direct access to the beach. Located in the exclusive area of ​​Dubai Marina. Apartments - from studios (65 sq. M.) To penthouses (600 sq. M.) US $ 3200-4000 per sq. M. m

AL FATTAN TOWERS

A residential complex of two high-rises on the 1st line of the sea. In one of the skyscrapers are hotel apartments. Located in the middle of the JBR residential complex. Apartments - with two bedrooms (153-159 sq. M.), Three bedrooms (205-229 sq. M.), Penthouses (311-387 sq. M.) US $ 4500-5600 per sq. M. m

ROYAL OCEANIC

34-story residential building by the sea. Located opposite the 5 * Le Royal Meridien Hotel in Dubai Marina. Apartments - from studios (51-62 sq. M.) To penthouses (325 sq. M.) US $ 3800-4200 per sq. M. m

TRIDENT GRAND RESIDENCE

40-story residential building by the sea. Located opposite the 5 * Le Royal Meridien Hotel in Dubai Marina. Apartments - from one-bedroom apartments (118 sq. M.) To penthouses (500-700 sq. M.) Completion date - 2010 US $ 4300-5100 per sq. M. m

TIARA (PALM JUMEIRAH)

Luxury residential complex of seven 15-story buildings located in the form of the letter “V”. It has its own private beach. Located on the artificial island of The Palm Jumeirah. Apartments - from one-bedroom apartments (122 sq. M.) To three-bedroom apartments (228 sq. M.) And penthouses (500 sq. M.) US $ 4100 5600 per sq. M. m

OCEANA (PALM JUMEIRAH)

Luxury residential complex of seven 15-story buildings located in the form of the letter “V”. It has its own private beach. Located on the artificial island of The Palm Jumeirah. Apartments - from one-bedroom apartments (120 sq. M.) To three-bedroom apartments (218 sq. M.) And penthouses (480 sq. M.) Completion date: March 2010 US $ 4100 5600 per sq. M. m

SHORELINE APARTMENTS (PALM JUMEIRAH)

Residential project of 20 buildings on the 1st line of the sea with its own beach. Located on the "trunk" of the artificial island of The Palm Jumeirah. Apartments - From one-bedroom apartments (110 sq. M.) To four-bedroom penthouses (500 sq. M.) US $ 4000-4900 per sq. m

GOLDEN MILE (PALM JUMEIRAH)

A project of 10 buildings, including 780 residential apartments, as well as restaurants, bars and shops on the ground floors. Located in the center of the "trunk" of The Palm Jumeirah. Apartments - from one-bedroom apartments (122 sq. M.) To penthouses (900 sq. M.) US $ 3400-4100 per sq. M. m

MARINA RESIDENCES (PALM JUMEIRAH)

Residential project of 6 buildings directly on the seafront with access to marinas. Located on the "trunk" of the artificial island of The Palm Jumeirah. Apartments - from one-bedroom apartments (168,184 sq. M.) To four-level penthouses US $ 3800-4900 per sq. M. m

Villas by the sea

SIGNATURE VILLA (PALM JUMEIRAH)

Exclusive villas with large adjacent plots, pools and a private beach. Located on the branches of the bulk island The Palm Jumeirah. Detached villas - 5-6 bedrooms, from 600 to 700 square meters. m US $ 5500-7500 per sq. m

GARDEN HOME (PALM JUMEIRAH)

Luxury villas with private beach and private pool. Located on the branches of the bulk island The Palm Jumeirah. Detached villas - 4-5 bedrooms, area from 467 to 654 square meters. m US $ 4500-5300 per sq. m. m

CANAL COVE TOWNHOUSE (PALM JUMEIRAH)

Duplex semi-detached villas (townhouses) with 3-4 bedrooms. Located along the "trunk" of the artificial island of The Palm Jumeirah. Semi-detached villas ranging from 360 to 470 square meters. m US $ 4300-5000 per sq. m. m

Hotel apartments by the sea

GRANDEUR RESIDENCES

Luxury hotel apartments in the 5-star Taj Exotica Resort & Spa. Located on the "crown" of The Palm Jumeirah, have their own beach. Furnished apartments - from one-bedroom rooms (105 sq. M.) To penthouses (380 sq. M.) Completion date: 2010 US $ 5900 6500 per sq. M. m

FAIRMONT PALM RESIDENCE

Fairmont's Serviced Hotel Apartments Located on the trunk of Palm Jumeirah, it has its own private beach. Furnished apartments - from one-bedroom rooms (131 sq. M.) To luxury villas and penthouses (465 sq. M.) Completion date: 2010 US $ 4800-5500 per sq. M. m

KINGDOM OF SHEBA

Fairmont Serviced Apartments Located on the crown of The Palm Jumeirah, they have their own private beach. Furnished apartments - from two-bedroom rooms (206 sq. M.) To luxury villas and penthouses (573 718 sq. M.) Completion date: 2011 US $ 5500-5900 per sq. M. m

KEMPINSKI RESIDENCES

Kempinski Hotel Serviced Apartments Located on the crown of The Palm Jumeirah, they have their own private beach. Furnished apartments - from two-bedroom rooms (165 sq. M.) To luxury villas and penthouses (1200 sq. M.) Completion date: 2011 US $ 6000-6800 per sq. M. m

Watch the video: The Palm Island, Dubai UAE - Megastructure Development (May 2024).