Apartments for sale in Dubai

Prospective buyers in Dubai who are looking to find luxury apartments will find that they have many options to choose from in the market. The high-end luxury apartments that are for sale maintain the high standards that are synonymous with this city. Some of the amazing features that these properties come with are infinity pools, gorgeous views of the skyline, and private gardens and leisure facilities. Most of the high-end apartments feature some of the best amenities, including a pool and gym, amongst others. The more exclusive apartment buildings also have concierge services and valet parking on offer.  In 2024, the luxury apartment sales market continues to offer a myriad of options for discerning buyers seeking the epitome of sophisticated urban living.

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Know more about apartments for sale in Dubai

In Dubai, you will find luxurious apartments for sale with large spaces, available with from studios to 6 bedrooms in exclusive areas like Downtown Dubai, Palm Jumeirah, DIFC, Dubai Marina, Dubai Harbour, Jumeirah Beach Residence, Bluewaters Island, Mohammed bin Rashid city, Dubai Hills and more. All our selected premium apartments have excellent facilities including a community pool & gym. We have both off-plan and ready apartments to move in that can be used for end-use or investment.

FAQs

Welcome to the Frequently Asked Questions section for luxury apartments for sale in Dubai. We understand that you may have questions regarding the process of buying a luxury apartment in this bustling city. In this FAQ guide, we aim to provide you with the necessary information to help you make an informed decision.

  • Over 70% of residents in live in apartments, however, this has begun to shift due to the growth and affordability of villa communities. Apartments are very safe to live in, often providing round the clock security and a host of amenities with residents to enjoy. In some of the prime areas, the amenities can include swimming pools, gyms, sauna, a party hall, private gardens, jacuzzi, BBQ area, and more.

  • Dubai offers a range of communities to live in that suit every budget. The cost of living may be considered high, but the city is also home to a lot of convenience as a tradeoff. Basic amenities are price controlled to ensure no major inflation for essential items. Living in this city is very much akin to living in any other major city worldwide in terms of costs.

  • The cost of an apartment greatly varies from community to community and highly depends on the affordability of the buyer. Some other factors that impact the cost of the apartment are quality, location, and accessibility.

  • Yes, it would be considered a good time to buy real estate right now, even with prices rising. Dubai’s handling of the Covid-19 during the pandemic has spurred on investors and end-users worldwide to arrive to the city and purchase a property. The excellent standard of living in addition to great healthcare and schools are just some of the things that make this city such a great place to live. Last year, the mortgage cap for expats increased to up to 80% of the property price, thus driving up sales of homes. With the Expo 2020 due to begin in October, we think it is a great time for purchasing a home for investment or end-use.

  • The most expensive apartment for sale varies from time to time, but you're more than likely to find it on our website as the leading luxury real estate platform in the region. 

  • There are several areas that are luxurious; most UHNWIs stay in Al Barari, Emirates Hills, Palm Jumeirah, Jumeira Bay, Downtown, DIFC, Dubai Hills, District One, and Jumeirah Islands.

  • Different buildings offer different types of facilities. We have a range of serviced residences and upgraded apartments across various communities listed on our website. We recommend you use our search function to identify a lifestyle that suits you best.

  • This would depend on the current market value, the holding period, and curated advice from your real estate specialist. Please feel free to send us an enquiry stating your investment goals and our well-experienced real estate specialists will get in touch with you to discuss your investment goals and potential returns. 

  • The prices vary for apartments greatly based on the quality of the building and the community. On our platform, luxury apartment prices can start at AED 2 million up to AED 420 million for a super full-floor penthouse.

  • Both have their perks - villas offer you a lot more space, but apartments offer greater convenience.

  • The city offers a world-class lifestyle with its luxurious amenities, state-of-the-art architecture, and premium locations. Investing in a luxury apartment not only provides you with a high standard of living but also grants you access to a thriving business hub and a vibrant cosmopolitan environment.

  • When purchasing a luxury apartment, consider factors such as location, quality of construction, amenities offered, security features, proximity to essential services, and potential for appreciation in value. It is also important to check the credibility and track record of the developer when making your decision.

  • Yes, apart from the purchase price, buyers should also consider additional expenses such as registration fees, agent commissions, maintenance fees, service charges, and utility bills. It is important to factor in these costs when budgeting for your luxury apartment purchase.

  • Yes, Dubai offers a favorable property ownership policy for foreigners. Non-UAE nationals can buy freehold properties in designated areas, making it possible for international investors to own luxury apartments.

  • In 2023, Dubai's luxury apartment market soared, with prices rocketing by an impressive 48% across prime areas. Palm Jumeirah's beachfront villas led the way, marking a 55% average increase, some reaching over AED 275 million. Downtown wasn't far behind, with penthouse suites surging 62%, exceeding AED 120 million for sought-after views. This outperformance against established luxury markets like London (3%) and New York (flat growth) solidifies Dubai's global leadership in upscale real estate.

    Driving this surge were multiple factors: an influx of ultra-high-net-worth individuals, a revitalized tourism industry boosting demand, and the Golden Visa program luring foreign investors. While the market is poised for continued growth in 2024, analysts predict a moderated 2% increase, potentially impacted by rising interest rates.

    Nevertheless, robust fundamentals persist. Limited supply, particularly in prime locations, alongside unwavering demand from both local and international buyers, establishes a strong foundation for price stability. Ongoing development projects and Dubai's constant reinvention as a global luxury hub are set to sustain investor interest.

    In summary, while 2024 may not match the dizzying heights of 2023, the market remains buoyant. Investors can anticipate a more measured growth, potentially finding opportunities in niche segments, as the luxury apartment market continues to allure with vibrant offerings.