Dubai has always been a safe haven for property investments, with exceptionally designed apartments in popular communities that net excellent rental yields. Compared to other major cosmopolitan cities such as London or New York, Dubai tends to net a very healthy income from its properties, which is a boon for the savvy investor. LuxuryProperty.com, Dubai’s premier luxury brokerage, knows a thing or two about apartments that are prime investment options in the city.
From communities designed to be primarily residential, such as Jumeirah Village Circle and Dubai Hills, to more renowned urban centres such as Downtown Dubai and Dubai Marina, there is a fantastic selection of homes that not only have stunning exterior and interior design but also contain fantastic lifestyle amenities that make them ideal destinations for singles and families alike.
Burj Khalifa Residences
Perhaps one of the most unique investment options currently on the market is located in the world’s tallest tower, the Burj Khalifa. This extremely rare opportunity for the discerning investor consists of the entire 92nd floor of the building, which contains a total of seven individual apartments. Given the high floor, all of the residences overlook the most breathtaking views of the Dubai skyline and the distant Arabian Sea on the horizon.
The entire floor is divided into a single one-bedroom apartment, 3 two-bedroom apartments and 3 three-bedroom apartments, adding up to a net internal area that exceeds 15,000 square feet. The apartments all come fully furnished, boasting an elegant array of carefully chosen furnishings and fittings that create the right blend of sleek modernity and old-world sophistication.
If all apartments are rented out, this results in a gross rental income of AED 2,120,000. This is the type of chance that doesn’t come along very often, and certainly not in one of Dubai’s most prestigious neighbourhoods.
About Downtown Dubai
Downtown has become the beating heart of Dubai over the past decade. This glittering district of high-rise apartments, office towers and five-star hotels is a major hub of entertainment and leisure, and is home to some of the city’s most famous attractions.
The Dubai Mall, the very popular Dubai Fountains and the vibrant Dubai Opera are all located within walking distance of each other around the splendid Burj Lake at the centre of the district. The outer rim of Downtown is ringed by Mohammed bin Rashid Boulevard, a key road that hosts high-end retail outlets and a selection of fine dining restaurants.
The crowning jewel of Downtown is, of course, the Burj Khalifa. This mammoth 830-m tower contains a mix of residential and commercial space. The lower 15 of its 163 storeys are occupied by the stunning Armani Hotel & Residences, while floors 19 to 108 contain apartments, studios and gorgeous penthouses.
Residents of the Burj Khalifa are assured complete privacy and safety with 24-hour surveillance systems and the very best and most advanced security systems. They are also privy to dedicated concierge services, valet parking and bespoke housekeeping services. Major amenities such as swimming pools, fitness centres and recreation rooms are located throughour the building. Levels 43, 76 and 123 of the tower are home to the beautifully designed Sky Lobbies, which are multipurpose rooms to relax, socialize and to enjoy the amazing views of the city.
The Burj Khalifa continues to remain one of Dubai’s most exciting residential addresses, and it’s only fitting that it should offer the city’s best investment option as well.