- January 12, 2023
- 727
- Real Estate
Do you want to know where people prefer to buy real estate in Dubai or the hottest developments in 2023? It’s near the ocean. Living close to the ocean has numerous benefits, like easy access to beautiful sea views and soft sandy beaches and the freedom to swim and sunbathe whenever it’s convenient. As real estate by the sea in Dubai is in high demand among tourists looking for a vacation rental, beachfront residential developments are popular both for buying real estate and as an investment.
The emirate of Dubai has a large selection of housing developments that provide beachside living close to the water. Apartments and villas on the seashore have been carefully chosen from among the most significant projects.
The following are the top residential developments providing beach apartments for sale:
1. Beachfront Emaar Address A Bay: Address The Bay is a recently constructed residential building with a prime location on the best Emaar Beachfront property. A hotel will also be included in the development, and it will be located on the podium level. Emaar Properties is the company behind developing the ultra-luxury property, which will likely be finished in Q1 2026. A variety of branded sea view apartments with 1, 2, and 3 bedrooms, and living sizes ranging from 803 to 1,970 sqft, are for sale in Emaar Beachfront Address The Bay properties. 75% of the apartments will have panoramic views of the sea and the Emaar Beachfront region in both directions, thanks to the residential building’s careful design. Address The Bay has world-class hotel services from the renowned Address Hotels + Resorts brand, as well as unique access to a private beach, infinity swimming pools, a magnificent hotel lobby, dedicated exercise areas, and luxurious hotel amenities. A 1-bedroom home at Address The Bay starts at a minimum price of AED 2,250,000. In Emaar Beachfront, the beginning rental rate for comparable properties is about AED 108,000 annually. As a result, the expected ROI is 5%.
2. Mina Emaar Rashid: A private beach and marina are accessible from the waterfront residences with 1-3 bedrooms available in the Mina Rashid development. The complex offers Riviera-style living and breathtaking views of the surrounding palm and the sea. These upscale apartments come in sizes from 705 to 2,352 square feet. All 148 units in Mina Rashid have the following:
- Room balconies and floor-to-ceiling windows make the rooms appear more extensive and light-filled.
- A waterfront plaza
- Community park
- Floating yacht club
- Fitness facilities
- A 1,640-foot Venetian-style canal that can be accessed directly.
In this building, a 1-bedroom unit costs as little as AED 999,900. The expected return on investment for homes in Mina Rashid is between 10% and 11%.
3. The AVA by Omniyat: An innovative residential development by Omniyat, AVA at Palm Jumeirah, features wrap-around terraces, graceful curves, and an entry delineated by walls of flowing water. The apartment complex is being built, and a completion date will be announced later.
One gigantic penthouse and a distinctive selection of branded residences with three and four bedrooms are available at AVA by Omniyat. There are only 17 units total in the development, and only one unit per floor. One of the world’s most opulent mega penthouses, which will cover three storeys and serve as the AVA building’s crown jewel, will also be housed in the development.
The Dorchester Collection, which manages the services, will be helpful to AVA at Palm Jumeirah residents. These include valet parking, a 24-hour concierge, floral services, and many more. AVA by Omniyat features a yoga studio, an infinity pool, a gym, a private domestic cinema with seating for 12 people, a spa, and many more amenities.
4. Residences Six Senses: One of the top 2022 projects in the city is Six Senses Residences. The Select Group developer and Emirates Strategic Investments Company (ESIC) signed the management agreement, and Six Senses Hotels Resorts Spas collaborated on the opulent waterfront property on Palm Jumeirah. The first Six Senses hotel in the UAE is part of the complex, including branded homes. Six Senses The Palm’s building work began in 2022, and Q4 2024 is when it is expected to be finished. Starting price for apartments in Dubai first Six Senses Residences development is AED 9,400,000.
The complex’s extensive amenities include a tennis court, a library, sizable swimming pools, a kids’ club, a football field, restaurants, private underground parking spots, and much more.
Best Villa Projects by the Beach: Apartments are less roomy than villas, which makes them more practical for large families with kids. The Marsa Al Arab Villas and Raffles The Palm are the best residential developments in the emirate of Dubai to purchase seaside villas.
5. The Raffles Palm: Raffles The Palm is a mixed-use development that includes the famous European Palaces hotel in Dubai and serviced villas with four bedrooms. Royal Group created the opulent complex on the West Crescent of the Palm Jumeirahroup. Raffles The Palm offered inhabitants rich dining and leisure experiences and was inspired by the palaces of continental Europe. The resort is situated in a prime spot on the famous Palm Jumeirah. The starting price of these villas in this area is AED 52,100,000.
Investors choose between Royal and Imperial Villas, with 8,367 to 9,343 sqft of floor space per layout. Residents of Raffles The Palm will take advantage of the resort’s beach, which features white sand that was brought in from the Maldives, as well as the lovely tropical landscaping. Residences have four floors, many terraces, a maid’s room, a fully functional kitchen, and a driver’s room.
6. Villas on Marsa Al Arab Quay: The opening of the Marsa Al Arab resort is scheduled for 2023. The project includes the wave-shaped Jumeirah Beach Hotel and the sailboat-shaped Burj Al Arab, which looks like a futuristic superyacht and will complete Jumeirah’s marine trifecta.
The project in the Umm Suqeim neighborhood consists of two man-made islands with a combined area of 3,982,646 square feet. One of the islands will have a variety of entertainment venues, including a theatre, a water park, restaurants, shops, and beaches. A small number of nine Marsa Al Arab Quay Wall Villas, each with six bedrooms, will be located on the second island. The opulent homes will feature three storeys and 15,736 square feet of space. Marsa Al Arab Quay Wall Villas will have a pool, an internal elevator, underground parking, and a roof terrace among its facilities. These large mansions have a simple design and a muted color scheme. The starting price for villas typically marketed to large families with children is AED 40M.
Only UAE citizens and GCC members may own real estate in the $6.3 billion Marsa Al Arab project. The resort will be a very well-liked vacation spot for visitors and business people, who will be drawn to the versatile conference center created to host any international event.
162 branded homes total are part of the project, including 121 penthouses, 32 sky (flying) villas, and 9 signature beachfront villas, all of which have stunning views of Palm Jumeirah and the rest Dubai.
Take Away!!!
Professional real estate firms are of great help when deciding your future investment in Dubai. These can guide you with the most recent developments in real estate, the best location to buy in your budget, the best property to invest in, and many more legal formalities. Among the crime-free and civilized beach cities of UAE, Dubai has interested many families in buying their dream houses and settling. All the above properties are worth investment if you are a beachfront view lover.
