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What does the most prestigious real estate in the United Arab Emirates look like?
Oct 31, 2022
What does the most prestigious real estate in the United Arab Emirates look like? Dubai
By   Internet
  • Guide
  • Dubai
  • luxury properties
  • key criteria for luxury properties
Abstract: The most expensive property in Dubai in 2022 is a mansion in District 1, which was sold in May for Dh89.1 million ($24.2 million).

The main criteria for luxury properties in the UAE.

 

Unique architecture.

 

The elite new residential developments in Dubai and Abu Dhabi have an iconic architectural concept that sets them apart from other urban developments. It's hard to take your eyes off this recognizable architecture.

 

Exclusive locations.

 

High-end apartments and villas in Dubai and Abu Dhabi are either located in downtown areas, such as Downtown and Business Bay in Dubai and Al Reem and Yas Island in Abu Dhabi, or in gated communities away from the hustle and bustle of the city - Palm Jumeirah, DAMAC Hills, Mohammed Bin Rashid City (Dubai), Yas Island, Al Raha (Abu Dhabi) and many more.

 

Exclusive residential options.

 

This can be an independent residential project or a limited collection of apartments, villas or townhouses in a private community.

 

There are also entire developments on the market that reflect the concept of exclusivity, such as the Cavalli Tower in Dubai, created by DAMAC property developers in partnership with the Italian brand Roberto Cavalli.

 

Extra security.

 

Thanks to 24/7 security and video surveillance, owners of elite real estate in the UAE don't have to worry about their homes.

 

Privacy.

 

There is little opportunity for outsiders to gain access to gated communities or upscale residential areas.

 

Private Amenities.

 

Most elite buildings are self-contained. They have gyms, swimming pools, lounge areas, bars, restaurants, children's play areas, spa salons, and many more amenities for the leisure and comfort of residents.

 

Landscaped grounds.

 

The interior courtyards of elite new residential projects are developed by the best landscape architects. Depending on the characteristics of the project, the courtyard can have fountains, flowering gardens, etc.

 

Luxury real estate is in very high demand in Dubai.

 

Compared to all other neighborhoods in the UAE, upscale areas such as The Palm Jumeirah, Emirates Hills, Jumeirah Bay Island and Downtown Dubai are the most sought after by affluent buyers and investors these days.

 

Here are the most expensive homes sold in Dubai.

 

A villa on The Palm Jumeirah sold for Dh280 million.

 

The opulent villa was bought for Dh280 million ($76.2 million) in 2021, thus becoming the most expensive villa ever built in the UAE.

 

The custom-built contemporary white villa on the Palm features 3,065 square meters of residential space. It is located near a seven-star spa hotel with over 70 meters of private beach. The interior is decorated with hand-selected Italian marble. All the premises have top quality Italian furniture by Giorgetti and Minotti.

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What does the most prestigious real estate in the United Arab Emirates look like?
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