Many of our compatriots are attracted by the purchase of the 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 the 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.
Thanks to the existing legislation, foreign investors now have unique opportunities to acquire real estate 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 by foreign citizens in ownership is limited. This is primarily due to the fact that among the entire coastal territory of the emirate, in the freehold zone, where ownership is allowed for foreigners, only artificial bulk islands (three “Palms” and the project of the World archipelago), Dubai Marina area and the area west of Jebel Ali Port is the Dubai Waterfront coastal mega project. Moreover, Waterfront, The Palm Jebel Ali, The 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 on the seashore is limited by a relatively small number of projects in the areas of Dubai Marina and on the bulk island 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, 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 a hotel (hotel room) or apartments serviced by the operating company of this hotel. 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:
APARTMENT 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 the artificial bay, 5 km west of The Palm Jumeirah.
Apartments - from studios (40 sq. M.) To penthouses
US $ 2,300 - 4,300 per sqm 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 $ 2,400 - 4,200 per sqm 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.), With three bedrooms (205-229 sq. M.), Penthouses (311-387 sq. M.)
US $ 4,100 - 5,000 per sq. m
ROYAL OCEANIC
34-story residential building by the sea.
Located opposite the 5 * hotel of Le Royal Meridien in the Dubai Marina area.
Apartments - from studios (51-62 sq. M) to penthouses (325 sq. M)
US $ 3,500 - 4,000 per sq. m
TRIDENT GRAND RESIDENCE
40-story residential building by the sea.
Located opposite the 5 * hotel of Le Royal Meridien in the Dubai Marina area.
Apartments - from one-bedroom apartments (118 sq. M.) To penthouses (500-700 sq. M.)
Date of completion - end of 2010
US $ 3,500 - 4,900 per sqm m
TIARA (The 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.), As well as penthouses on the upper floors with an area of 500 sq. M. m
US $ 4,700 - 5,500 per sq. M. m
OCEANA (The 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.), As well as penthouses on the upper floors with an area of 480 square meters. m
US $ 4,400 - 5,500 per sq. M. m
SHORELINE APARTMENTS (The 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 $ 3200 - 4500 per sq. M. m
GOLDEN MILE (The 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 $ 2,800 - 3,900 per sq. M. m
MARINA RESIDENCES (The 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 two-bedroom apartments (168-184 sq. M.) To four-level penthouses
US $ 2,900 - 3,800 per sqm m
VILLAS BY THE SEA
SIGNATURE VILLA (The 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 $ 5,500 - 7,500 per sq. m
GARDEN HOME (The 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 $ 4,250 - 5,800 per sq. M. m
CANAL COVE TOWNHOUSE (The 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 $ 4,100 - 5,000 per sq. 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 options (105 sq. M.) To penthouses (380 sq. M.)
Date of completion: 2010
US $ 5100 - 6000 per sq. Meter m
FAIRMONT PALM RESIDENCE
Hotel apartments run by Fairmont
Located on the "trunk" of Palm Jumeirah, have their own beach.
Apartments - from one-bedroom options (131 sq. M.) To luxury villas and penthouses (465 sq. M.)
Date of completion: 2010
US $ 4,800 - 5,500 per sq. M. m
KINGDOM OF SHEBA (Balqis Residence)
Hotel apartments run by Fairmont
Located on the "crown" of The Palm Jumeirah, have their own beach.
Apartments - from two-bedroom options (206 sq. M.) To luxury villas and penthouses (573 - 718 sq. M.)
Date of completion: 2011
US $ 4,800 - 5,500 per sq. M. m
KEMPINSKI RESIDENCES
Hotel apartments managed by the Kempinski chain
Located on the "crown" of The Palm Jumeirah, have their own beach.
Apartments - from options with two bedrooms (165 sq. M.) To luxury villas and penthouses (1200 sq. M.)
Date of completion: 2011
US $ 5,900 - 6,800 per sq. M. m
You can get ANY ADDITIONAL INFORMATION from IMEX Real Estate specialists by tel. in Moscow +7 495 9842053, toll-free number in the UAE 800-IMEX (800-4639) or by sending a request by e-mail [email protected].
