Dubai is known all over the world for its most extravagant and grand lifestyle, which no other city in the world can match. Among the various private estates available, a penthouse is the highest form of luxury, offering large floor plans with sweeping views of the city or waterfront and a sense of isolation not easily found.
When buying a penthouse in Dubai, location is crucial for achieving a healthy return on investment and living the luxurious lifestyle that Dubai is renowned for. This guide will outline the best places to buy penthouses in Dubai, along with reasons why they will be considered premium real estate.
Why It's Popular: Right in the center of the city is Downtown Dubai, featuring famous attractions like Burj Khalifa, the Dubai Mall, and the dancing Dubai Fountain. With a variety of luxurious dining and entertainment options, as well as a variety of residential options, this region is highly desirable.
The most sought-after properties here are penthouses, due to their outstanding view of the Dubai Fountain and the Burj Khalifa. Penthouses in this neighborhood, with large-sized patios, private pools, and floor-to-ceiling windows, are ideal for those who enjoy entertaining.
Average Prices: Penthouse prices in Downtown Dubai range from AED 15 million on average to upwards of over AED 50 million, depending upon the size and view of the penthouse.
Why Buy Here: For those who like to be right in the thick of it, downtown Dubai is as close as one will get to the best dining, some of the finest retail, and some of the hottest nightlife the town has to offer.
Reasons for Its Popularity: An artificially built island in the shape of a palm surrounded by the Arabian Gulf's tranquil waters—the Palm Jumeirah—is considered one of the plushest homes in Dubai.
Penthouses in demand: Imagine waking up with direct views of famous hotels like Atlantis and Burj Al Arab, having direct beach access, and unhindered sea views. The penthouses in this area typically feature luxurious amenities such as rooftop decks with private gardens and infinity pools.
Average Prices: Penthouses on the Palm can start from at least AED 20 million for apartments in One at Palm Jumeirah or The Royal Atlantis Residences and go upwards of AED 100 million.
Why Buy Here: This property is perfect for individuals who desire to live near the bustling city while maintaining a tranquil beachside way of life. Feasibility for investment purposes is high due to its exclusivity and excellent yield.
Why It's Popular: The entire area is a bustling waterfront district, lined with towering skyscrapers, a harbor filled with yachts, and plenty of restaurants and shopping—a hub of action. Dubai Marina offers a perfect blend of seaside serenity and an energetic city lifestyle.
Penthouses in Demand: The penthouses in Dubai Marina come with breathtaking views of the Arabian Gulf, the city skyline, and the marina. In addition, the high ceilings, spacious balconies, and high-quality finishing of these apartments make them appealing to the most selective buyers.
Average Prices: Prices here can vary from AED 10 million to AED 40 million, depending upon the building and individual outlook.
Why Buy Here: Families and professionals enjoy residences at Dubai Marina for their dynamic neighborhood experience, which includes quick access to beaches, nightlife, and public transportation.
Why It's Popular: At its core, JBR is known for having a cluster of family-friendly facilities, along with pulsating night life, often blending city life with that of a beach resort.
Families seek out penthouses for their spacious interiors, direct beach access, and expansive terraces overlooking the Arabian Gulf. They usually host pools, private elevators, and top-class amenities.
Average Price: The price range of a penthouse in JBR would be between AED 12 million to AED 35 million.
Why Buy Here: This property is perfect for individuals who enjoy beachside living and enjoy quick access to dining, entertainment, and shopping.
Why It's Popular: Bluewaters Island, located just off the coast from JBR, strategically hosts the world's largest observation wheel, Ain Dubai. The island will sport modern living, upscale shopping, and excellent dining options.
Penthouses in Demand: The penthouses in Bluewaters offer stunning views of the Dubai skyline, Ain Dubai, and the Arabian Gulf. These homes come with open floor designs, modern construction, and first-rate facilities.
Average Prices: A penthouse in this area could cost anywhere from AED 18 million to AED 45 million.
Why Buy Here: Offering seclusion, elegance, and ease of access, Bluewaters Island is a unique buy for those looking for a modern, upscale lifestyle.
Why It's a Hotspot: Considered one of the busiest residential and commercial hubs near Downtown Dubai, Business Bay keeps the momentum going with excellent restaurants, sleek skyscrapers, and the Dubai Canal.
Penthouses are in high demand, with luxurious modern fittings, spectacular canal views, and floor-to-ceiling windows. In addition, a number of penthouses in Business Bay come with large terraces, private pools, and access to world-class amenities such as spas and gyms.
The average price is around AED 8 million to AED 30 million.
Why Buy Here: This location is perfect for executives who prefer a more tranquil environment but still require proximity to the downtown area. Business Bay is one of Dubai's rising stars, boasting immense potential capital growth.
Penthouses in Demand: These residences feature spacious layouts, high-end furnishings, and breathtaking views of the Montgomerie Golf Course, all while placing importance on seclusion.
Average Prices: Due to high demand and low supply, penthouses here can fetch as high as AED 60 million.
Why Buy Here: If seclusion, privacy, and being in proximity to nature are your top priorities, then Emirates Hills is the place to be. It would be ideal for families and rich individuals seeking a serene and lavish retreat.
How to Choose Your Perfect Dubai Penthouse
Dubai offers a variety of options for penthouse buyers, each with its own unique beauty and advantage. From the energetic, pulsating city life of Downtown Dubai to the serene beachfront beauty of Palm Jumeirah to the chic, ultra-modern environment of Bluewaters Island, there is something for every taste and style in living.
Consider location, the view, amenities, ease of access to primary attractions, and more when choosing a location for your penthouse. With the flourishing real estate market in Dubai and it being a tax-free city, buying a penthouse in Dubai will give you not only a wonderful way to live in style but also one of the best investments.
Would you like to purchase your dream penthouse in Dubai? Get in touch with a reputable real estate agency that will help you with the selection of a property that fits your lifestyle and investment objectives.
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TRPE Real Estate is a company registered in Dubai, United Arab Emirates (License No. 999314) located at Office No 1001, Ascott Park Place, Sheikh Zayed Road, Dubai. We are regulated by the Real Estate Regulatory Agency (RERA) under office number 28357.
