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Most Expensive Areas in Dubai

Posted by cafedetech on November 6, 2024
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Dubai is an advanced city. It offers luxury living places to both local and foreign investors. The metropolitan city is also deemed an illustration of elegance, modernity and extravagance. Luxury enthusiasts can find a variety of prestigious and sophisticated addresses. This city aspires to develop futuristic properties to cater to the diverse needs of clients. 

This city welcomes everyone. No matter whether you come here for employment, business or living a deluxe lifestyle, Dubai has something to offer. Based on your needs and specific preferences, you can find cheap, affordable and expensive areas in Dubai. If you aim to live an exceptional lifestyle in Dubai then you should choose a posh area to live in.

Most Expensive Areas In Dubai:

Palm Jumeirah:

Palm Jumeirah is one of the most sought-after destinations in Dubai that appeals to high-networth individuals and families. It is the worldโ€™s largest man-made island developed in the shape of a palm tree. Given its development status, prevailing luxury, high-end amenities, luxury living spaces and its standards, it is ranked among the most expensive areas in Dubai.

This artificial island development is known for its opulence, grandiosity and richness. Every aspect of this island exudes a sense of elegance and sophistication, fascinating investors and luxury enthusiasts. If you desire to buy a dream property then it is one of the best places to consider. You can buy luxury real estate such as an apartment, penthouse and luxury villas for sale in Palm Jumeirah, Dubai.

The average cost of a studio apartment in Palm Jumeirah is around AED 1,560,000 and that of a 2-bedroom apartment in this island development is around AED 3,000,000. Further, the cost of a 2 and 3-bedroom villa is about AED 5,538,000 and 10,964,000 respectively. Apartments and villas of various sizes are available for sale and you can choose the most viable option based on your need.

Downtown Dubai

Downtown Dubai is an upscale community in Dubai. It is popular because of its sophisticated lifestyle, top-notch offerings and world-class developments such as Burj Khalifa, Dancing Fountain, Dubai Opera and Dubai Mall. Furthermore, this mixed-use development is located at a prime destination that enhances its value and captivation.ย 

This community attracts entrepreneurs, businessmen, families and luxury enthusiasts. Downtown Dubai by Emaar Properties is an expensive neighborhood in Dubai that offers a range of luxury real estate investment opportunities. The prices of properties in this area are quite high because the demand for luxury real estate in Dubai Downtown is increasing rapidly because of its strategic location, easy accessibility, standard of living and vibrant lifestyle.

The cost of a 1-bedroom apartment for sale in Downtown Dubai is about AED 3,200,000 and that of a 2-bedroom apartment is around AED 5,500,000. In addition to that, the cost of a 2-bedroom villa in Downtown Dubai is approximately AED 4,423,000 and that of a 3-bedroom villa is AED 7,950,000. Based on your stay and specific requirements, you can purchase an apartment or a villa or seek a rental property.

Dubai Marina

When it comes to luxury real estate in Dubai, Dubai Marina cannot be exempted. It is one of the most anticipated destinations in Dubai that offers a waterfront lifestyle and allows residents and visitors to enjoy their lives to the fullest and experience the ultimate comfort, elegance and serenity. The elevated living spaces and significant ROI on real estate investment make it a popular neighborhood.

The abundance of amenities, prime location, proximity to other popular areas, resorts and countless dining options make Dubai Marina a worth considering place to consider for living in Dubai. Its freehold status also invites expats and foreign nationals to own real estate in a decent district of Dubai, increasing the demand for luxury properties.

The cost of a studio apartment in Dubai Marina is around AED 1,200,000 and that of a 2-bedroom luxury apartment is about AED 2,200,000. The price of a 2-bedroom villa is AED 3,662,000 and that of a 3-bedroom is around AED 6,242,000. Buy luxury real estate in Dubai Marina, enjoy unlimited access to modern amenities, live an amazing lifestyle and create unforgettable memories.

Bluewaters Island

High-profile real estate investors also prioritize Bluewaters Island for real estate investment in Dubai. Bluewaters Island by Meraas Holding is a man-made island development located just off the coast of Jumeirah Beach Residence. Known for the worldโ€™s largest observation wheel, Bluewaters Island is deemed an impressive place to live a splendid lifestyle.

Properties for sale in Bluewaters Island are splendid villas, apartments and mansions laced with high-end amenities and offering a world-class living ambiance. This waterfront community also comes among the most expensive areas in Dubai. Considering its prevailing opulence and living ambiance, it can be dubbed the reflection of sophistication and uniqueness.

The average cost of a 1-bedroom apartment in Bluewaters Island is around AED 3,800,000 and that of a 2-bedroom apartment is about AED 7,200,000. Buy your property in Bluewaters Island to experience the ultimate tranquility and elegance! You and your family deserve a modern lifestyle. So, do not miss out on this chance, make your decision and buy your desired property in this luxurious development.

Jumeirah Golf Estates

Jumeirah Golf Estate is a freehold residential development located along Mohammed Bin Zayed Road (E311). This is a modern and sophisticated community that offers splendid villas for sale in Dubai, apartments and luxury townhouses. Home to two world-class golf courses named Earth and Fire, it is considered one of the top golf communities in Dubai.

It is a modern and expensive community in Dubai that comes with premium living spaces, attracting the worldโ€™s elite and luxury enthusiasts. Every aspect of this community is perfectly designed to make it a piece of art and enhance its glamor and fascination. If you desire to add value to your investment, make a profitable decision and live a splendid lifestyle in Dubai then buy your property in Jumeirah Golf Estates.

The average cost of an apartment in Jumeirah Golf Estates ranges from AED 1,400,000 to AED 4,000,0000 and the average price of a luxury villa in this community remains somewhere between AED 4,000,000 and 20,000,000. Live your life in a perfect living destination that boasts a perfect blend of modernity, affluence and serenity!

Umm Suqeim

It is a world-class residential development located near Jumeirah Beach Coastline. Divided into three sub-communities: Umm Suqeim 1, Umm Suqeim 2 and Umm Suqeim 3, this community features luxury villas, apartments and penthouses for sale. Both residential and commercial real estate investors can find their demanded investment options.

This is a family-friendly residential community that is designed to extend the idea of sophisticated living. Umm Suqeim offers an exciting lifestyle as it is laced with high-end amenities. Its prime location, proximity to Burj Al Arab, state-of-the-art amenities, development status and sophisticated living environment make it an expensive community in Dubai.

If you are a luxury enthusiast and you desire to live a lavish lifestyle then you should purchase a villa for sale in Umm Suqeim. The cost of a 2-bedroom villa in this community is around AED 3,298,000 and the price of a 4-bedroom villa in Umm Suqeim is about AED 13,400,000.

No matter whether you intend to live a luxurious lifestyle or desire to earn significant returns from your real estate investment, investment in this community is a wise decision because besides living a desired lifestyle, you can also generate significant returns via rental income.

Jumeirah Beach Residence

Jumeirah Beach Residence (JBR) is a freehold waterfront residential community that features 6 clusters of apartment buildings. It is one of the most sought-after destinations in Dubai that attracts investors and home seekers. This family-friendly community is home to the worldโ€™s largest observation wheel called Ain Dubai. Along with that several other prominent addresses such as The Walk and The Beach are also located in JBR.

JBR is known for its seaside luxury lifestyle. Not only do residents enjoy her breathtaking views and sea-front living but also have access to other ultra-luxury facilities such as restaurants and easy access to shopping places. Living is just like fulfilling a beautiful dream because it is a wonderful place to consider for living as every aspect of this development emits luxury, deluxe and sophistication.

Buy property in this self-contained community and begin a new yet satisfactory journey! Based on your specific needs and requirements, you can buy or rent a property in JBR. So, it is time to realize your dream and experience the utmost grandiosity, perfection and elegance! Let yourself and your family live an inspiring lifestyle!

Jumeirah Lake Towers

Jumeirah Lake Towers is a mixed-use waterfront development in Dubai. It spans over 2 million square meters. JLT consists of 87 towers that are divided into 26 clusters. The road that connects Sheikh Zayed Road (E11) with First Al Khail Street (D86). JLT features both commercial and residential properties for sale in Dubai.

Consider JLT for your investment if you are searching for a decent option. JLT offers a range of investment opportunities and allows people to choose the most viable residential and commercial property. Its prime location, easy accessibility, adjacency to artificial lakes, prime amenities and a perfect lifestyle make it a wonderful place to choose for real estate investment.

Buy or rent your apartment or penthouse in JLT and start exploring the savor of modern lifestyle and enjoy breathtaking vistas. Modern amenities such as restaurants, green spaces, playgrounds, fitness centers and all sorts of recreational facilities are available here to live a relaxing and comfortable lifestyle!

Arabian Ranches

Arabian Ranches by Emaar Properties is a premium residential community that features a luxurious lifestyle in Dubai. Also known as โ€œThe Ranche,โ€ this splendid living destination is a masterpiece and is perfectly designed to elevate the living standards of people. Enjoy the perfect amalgamation of luxury, modernity and traditional charm and live a comfortable lifestyle.

If you desire to live an elegant lifestyle in a gated community then you do not need to look for any other option because Arabian Ranches is the perfect living destination. Theme-based villas, modern amenities and a family-oriented living environment enhance the captivation of this project. Divided into three sub-communities, Arabian Ranches 1,2 and 3, it aims to satisfy modern needs and preferences of individuals by developing graceful and stylish villas.

Choose your property based on your requirements! You can buy a villa if you desire to enjoy exclusive access to modern amenities and privacy and if you are passionate about making connections then buy a townhouse in Arabian Ranches and let your dream come true!

The Meadows

The Meadows by Emaar Properties is an admired residential development located adjacent to several communities such as Jumeirah Lake Towers, the Springs, Emirates Hills and Jumeirah Island. Furthermore, it also offers easy access to Sheikh Zayed Road (E11) and other key areas of Dubai. Looking to enjoy a tranquil lifestyle in a dignified setting then The Meadows is your living destination.

This is a family-friendly development that features 3 to 7-bedroom luxury villas for sale in Dubai. There are over 1800 villas that have been designed in 20 unique architectural designs. State-of-the-art facilities and amenities such as parks, swimming pools, cafes, gyms, restaurants, shopping centers and green spaces make it a worth considering residential community in Dubai.

You can consider buying or renting a villa in The Meadows if you want to explore its beauty and fascination. The average rental value of a 3-bedroom villa in this community is around AED 345,000 and that of a 5-bedroom villa is 540,000. Further, the average cost of a 3-bedroom villa in The Meadows is about AED 7,299,000 and the average price of a 5-bedroom villa is about AED 10,603,000.

Emirates Hills

Emirates Hills by Emaar Properties is an upscale gated villa community in Dubai. It is deemed one of the most expensive communities in the metropolitan city. Located adjacent to The Meadows, the Springs and The Lakes, it offers seamless access to prime areas of Dubai. The availability of modern amenities, splendid lifestyle and luxury real estate investment opportunities make Emirates Hills a perfect living destination.

This is a properly planned community that extends a modern lifestyle where residents can enjoy premium amenities in a peaceful and comfortable setting. From recreational facilities to parks to kidsโ€™ play areas to a range of dining and shopping facilities, it has it all. Investors can choose from a range of investment options based on their needs.

The average rental cost of a 5-bedroom villa in Dubai is about AED 1,801,000 and the average rental cost of a 6-bedroom villa is approximately AED 2,854,000. The average selling price of a 5 and 6-bedroom villa in Emirates Hills is around AED 51,663,000 and 52,132,000 respectively.

Al Furjan

Al Furjan by Nakheel is a family-friendly community that features luxury real estate in Dubai and attracts the elite class and luxury enthusiasts. When you think of living a sophisticated and elegant lifestyle then you cannot negate the Al Furjan lifestyle because it is designed to satisfy the modern needs and preferences of residents by providing them with the best available facilities and a perfect lifestyle.

This eco-friendly community is located at a perfect place. It is located adjacent to Jebel Ali Village and near Sheikh Mohammed Bin Zayed Road (E311). The prime location and easy accessibility make it a decent consideration because residents can easily commute to their workplaces without any hassle. Amenities such as swimming pools, gyms, recreational facilities, parks, playgrounds and dining and shopping facilities add to its elegance.

Investors can purchase luxury villas and spacious apartments. However, it is mainly because of its villa lifestyle and unbeatable amenities. The average rental value of a 3 and 4-bedroom villa is around AED 235,000 and AED 360,000 and the average price of a 3 and 4-bedroom villa is around AED 3,346,000 and AED 5,143,000. Buy or rent your villa in Al Furjan and let yourself feel the pleasure of living a perfect lifestyle!

Mohammed Bin Rashid City

Mohammed Bin Rashid City is a freehold mixed-use development located adjacent to Sheikh Mohammed Bin Zayed Road (E311), Sheikh Zayed Road (E11) and Al Khail Road (E44). MBR city also offers seamless access to other communities such as Business Bay, Downtown Dubai, Al Quoz and Dubai Design District. It is a world-class development that offers luxury living spaces such as apartments, villas and mansions.

State-of-the-art projects, top-notch living facilities, a range of tourist attractions and a perfect living environment attract investors and luxury enthusiasts. Live the life that you have been dreaming of and enjoy a seamless blend of luxury and elegance in MBR city by owning a villa, apartment, or mansion!

The average rental price of a 2-bedroom villa is AED 167,000 and that of a 4-bedroom villa in MBR city is around AED 963,000. Further, the cost of a 3 and 4-bedroom villa in Mohammed Bin Rashid City is approximately AED 2,613,000 and 10,448,000 respectively.

Emaar Beachfront

Extends over 10 million sq. ft. Emaar Beachfront by Emaar Properties is one of the most anticipated off-plan gated communities in Dubai. Located at a prime destination in Dubai Harbour and offering easy access to Sheikh Zayed Road (E11), this community features luxury real estate. 27 buildings and a hotel make it a unique project. This is a properly planned development that offers waterfront apartments for sale.

Its prime location, proximity to prominent areas such as Palm Jumeirah and Dubai Marina, easy accessibility, sophisticated developments, and private beach access. Modern amenities and a splendid lifestyle add to its charm and captivation, inciting luxury enthusiasts and families to consider Emaar Beachfront for real estate investment in Dubai. Properties for sale in Emaar Beachfront include contemporary apartments, penthouses and perfectly developed villas.

The average cost of a 1-bedroom apartment in Emaar Beachfront is around AED 3,100,000 and that of a 3-bedroom apartment in this community is approximately AED 6,650,000. Furthermore, the average price of a 3-bedroom villa in this community is around 8,400,000. Purchase your desired property in this luxurious area and start living your dream lifestyle!

Summing Up:

Dubai is a modern city that incorporates technological advancement and fosters innovation. Over the years, it has developed its reputation as a luxury living destination. Its expensive living spaces. World-class infrastructure and modern amenities add to its distinguished and make it one of the most sophisticated cities. If you aim to live a sophisticated lifestyle in Dubai then consider Emaar Beachfront, Palm Jumeirah, Jumeirah Beach Residences, Dubai Marina, Downtown Dubai and Bluewaters Island to buy your desired living spaces in Dubai.

Kelt and Co Realty Guides You Through Buying Property In Dubai:

Kelt and Co Realty is a prominent real estate agency in Dubai. It facilitates people in buying, selling and renting real estate in Dubai. No matter whether you are an expert or buying property for the first time, you must get assistance from Kelt and Co Realtyโ€™s experts to find the best investment options. Our experts understand the market propensity and they can bring the most suitable investment opportunity based on your specific interests.

FAQS:

Where do billionaires stay in Dubai?

The worldโ€™s elite is attracted to Dubai. High-net-worth individuals come to Dubai to explore its perfect living environment. Normally, they buy luxury real estate in Palm Jumeirah and Emirates Hills.

What are the most expensive areas in Dubai to live in?

Palm Jumeirah, Emirates Hills, Emaar Beachfront, Al Furjan, Mohammed Bin Rashid City, Arabian Ranches and Jumeirah Lake Towers are some of the most expensive places to live in Dubai. These neighborhoods offer luxury real estate and allow people to find their desired living places such as villas, beachfront properties and penthouses.

What is the most luxurious community in Dubai?

Emirates Hills is considered the most luxurious community in Dubai. It is an expensive villa community that is popular because of its posh living environment and splendid amenities.

What amenities do these luxury areas offer?

Expensive areas in Dubai are known for splendid living facilities and state of the art amenities. Amenities in these expensive areas include private beaches, golf courses, gymnasiums, fitness centers, premium dining and shopping facilities and a range of other recreational activities.

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