Most Expensive Residential Areas in Dubai in 2018

Most expensive apartments in uae

Most expensive apartments in uae

Dubai is one of those resplendent cities that always maintain to secure the top slots in the list of the most glamorous destinations around the world. The flashy tourist spots, shopping areas, rousing fun, and adventurous activities and luxurious residential areas in Dubai are few of the glittering factors that pull the people towards Dubai. Imagine waking up to the breathtaking views from your beachfront residence when the sea breezes hit and energize you. That is what the posh residential areas in Dubai have gotten to offer you.

If your aim is to pursue an upscale lifestyle, then here are few of the most expensive residential areas in Dubai that you would love to explore.

Downtown Dubai

Despite the downturn in prices, Downtown Dubai stays at the top among the most expensive residential areas in Dubai. The average price to rent an apartment in Dubai lies somewhere around Dh 89 per square foot, where the average price in Downtown stands at Dh 117 per square foot. Situated along the Sheikh Zayed Road, Downtown Dubai is home to some of the largest landmarks of Dubai such as Burj Khalifa, Dubai Fountain, and The Dubai Mall. The nearness to such stunning locations justifies Downtown to be one of the most expensive residential areas in Dubai.

The Arabian market, Souk Al Bahar, a long strip of cafes and restaurants on Sheikh Muhammad Bin Rashid Boulevard further add to the appeal and make Downtown Dubai the most visited destination in Dubai.

Old Town Dubai

The architectural masterpiece is known to be the heart of Dubai. With an average price of Dh 115 per square foot to rent an apartment, Old Town stands 2nd in the list of most expensive residential areas in Dubai. Integrating inspirational Arabian architectures, Old Town gives you the pure sense of Arab traditions and culture. Dubai Creek, Gold Souk, and the Grand Souk Deira are some of the destinations that will fill your soul with excitement.

Don’t consider it to be an old-fashioned vicinity, like most of the exhilarating residential areas in Dubai, Old Town Dubai also provides you with the various amenities including pools, gymnasiums, relaxation areas, and children’s play area, etc.

As Old Town is a community within Downtown Dubai, you step out to the panoramic Sheikh Muhammad Bin Rashid Boulevard and get to avail the high-end hotels and the finest eateries.

The Views

With an average price of Dh 109 per square foot, The Views ranks 3rd on the list of the most expensive residential areas in Dubai. Located in the Sheikh Zayed Road this luxurious community provides its residents with an easy access to Dubai Marina, The Internet City, The Media City, and The Greens. With the convenience of retail centers and educational institutions, this lush landscape is one of the most sought-after locations for families.

The amenities like Swimming pools, BBQ areas, children’s play areas, parks, and shopping areas make The Views an absolute choice for an upscale living. If you admire the idyllic and family-friendly atmosphere, then The Views is the most befitting option for you among the residential areas in Dubai.

DIFC – Dubai International Financial Centre

Due to the proximity to Downtown Dubai, Business Bay, and Old Dubai, DIFC is one of the preferred location and home to many upper-level managers and executives. With an average rent of Dh 102 per square foot, DIFC stays 4th in the list of expensive residential areas in Dubai. With an independent regulatory and judicial system, DIFC is a prominent financial hub for the Middle East, Africa, and South Asia. DIFC has its unique standing among the residential areas in Dubai with the finest office spaces, cafes, and retail outlets.

Being an essential financial platform, DIFC connects Dubai’s markets with the economies of Europe, Asia, and America. DIFC supports businesses by providing the ease of 100% ownership without a local partner and provides a 50-year guarantee of zero corporate and income taxes to the clients. These factors form the base why DIFC is one of the most favored residential areas in Dubai for the corporate executives.

Dubai Marina

Not less than a luxurious, affluent, and an opulent vicinity, Dubai Marina is undeniably one of the most expensive and preferred residential areas in Dubai. The average rent for apartments in Dubai Marina is Dh 99 per square foot. Dubai Marina is an artificial canal city and its development is inspired by the Concord Pacific Place in Vancouver, Canada. The fascinating activities enlist astounding cruises, matchless shopping experience, captivating festivals, music concerts and what not.

The most amazing and desired spot in Dubai Marina is the Palm Jumeirah Beach. The mesmerizing sights from the Jumeirah Beach residence make Dubai Marina one of the most magnificent residential areas in Dubai.

Palm Jumeirah

You’ll always be amazed to see the astounding residential areas in Dubai. The constructors and architects put-in their hearts and reveal the marvels of architecture. Another example of the best-in-class residence is the Palm Jumeirah Residence. Palm Jumeirah is the world’s largest man-made island which provides you with the facilities of pools, gyms, restaurants, beach clubs etc. Making its place in the list of the most expensive residential areas in Dubai, the rents in Palm Jumeirah range between Dh 100,000-155,000 annually. Being an international icon, visiting Palm Jumeirah is none less than a fantasy for many of the people.

Whether you admire an upbeat or a sedate area for residence, Dubai offers stunning environments for you to pursue the living standard of your choice. Dubai is considered as heaven on earth, the absolutely enrapturing residential areas in Dubai are one of the perks that you get to avail on this land of luxuries. So, suffice your soul and opt for the deluxe properties in the high-life Dubai.

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