Invest in Dubai’s luxury penthouses: High ROI areas to consider
- Dubai Marina
- Downtown Dubai
- Jumeirah Village Circle (JVC)
- Jumeirah Lake Towers (JLT)
- Dubai Creek Harbour
- FAQs
Dubai is known for its upscale lifestyle and luxurious properties. It is a global hub for investors looking for properties with impressive returns over time. The emirate’s skyline is adorned with iconic penthouses that exude exclusivity and grandeur. These sky-high residences boast breathtaking views and world-class amenities. We’ve rounded up some of the most prestigious areas to invest in luxury penthouses in Dubai.
Sought-After Areas with Luxury Penthouses in Dubai with High ROI
- Dubai Marina
- Downtown Dubai
- Jumeirah Village Circle (JVC)
- Jumeirah Lake Towers (JLT)
- Dubai Creek Harbour
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Based on searches conducted by users on Bayut.com over the past 12 months
Let’s explore some of the most popular locations with high ROI penthouses for sale in Dubai.
Dubai Marina
Dubai Marina is one of the high-ROI areas for investment in penthouses in Dubai. The vibrant waterfront district is renowned for its towering skyscrapers and luxurious lifestyle. It is home to over 200 high-rises and offers a broad selection of prestigious penthouses.
Residents can expect spacious balconies, elegant dining areas and ample built-in storage within these opulent residences.
Dubai Marina offers access to world-class shopping, fine dining and a bustling nightlife that makes it an unparalleled destination for those seeking a luxury home. Lets look at the penthouses for sale in Dubai Marina with multiple unit types:
- The cost of a 2-bedroom penthouse for sale in Dubai Marina is AED 9M.
- The 3-bedroom opulent penthouse for Dubai Marina is AED 9.22M
- Spacious 4, 5 and 6-bedroom penthouses in Dubai Marina have an average asking price of AED 16.9M, AED 27.6M and AED 27.9M, respectively.
- The projected ROI for penthouses in Dubai Marina is 4.56%.
Downtown Dubai
Downtown Dubai is another coveted address if you wish to own a penthouse. It’s one of the most sought-after on our list of areas to invest in a luxury penthouse in Dubai. The area is home to the iconic Burj Khalifa and the Dubai Mall.
Penthouses for sale in Downtown Dubai come at a premium price due to its exclusive location. Moreover, there are countless attractions nearby and it’s perfect for those seeking the best of upscale properties in the emirate.
- Potential buyers will need to shell out AED 2.34M for a 2-bedroom penthouse in Dubai Marina.
- An airy 3-bedroom penthouse for sale in Dubai Marina has an asking price of AED 12.1M.
- A 4-bedroom penthouse will cost you AED 23.8M.
- Larger 5 and 6-bedroom penthouses in Downtown Dubai will set you back AED 41.2M and AED 40.5M, respectively.
- The projected ROI for a penthouse for sale in Downtown Dubai is 6.82%.
Jumeirah Village Circle (JVC)
Jumeirah Village Circle is one of the popular areas to invest in luxury penthouses in Dubai. The area offers impressive rental yields with steady capital appreciation.
One of the biggest benefits of investing in this area is that it’s located close to Dubai Marina and Downtown Dubai. In addition, JVC offers several amenities such as parks, kids’ play areas, sports facilities, pharmacies and access to clinics and healthcare centres.With its strategic location, excellent infrastructure and strong community spirit, JVC continues to attract residents seeking a high quality of life in Dubai.
Penthouses for sale in JVC cater to diverse lifestyles and budgets.
- The average price for a 2-bedroom penthouse is AED 2.3M.
- A 3-bedroom penthouse is valued at approximately AED 2.83M on average.
- Larger 4-bedroom penthouses are available at an average price of AED 5.45M.
- The projected ROI for penthouses in JVC is 8.20%.
Jumeirah Lake Towers (JLT)
Next on our list of high-return-on investment areas for buying penthouses in Dubai is Jumeirah Lake Towers. This waterfront district comprises 26 clusters, each featuring three high-rise buildings with stunning penthouses. Furthermore, three artificial lakes are the centrepieces of the district’s pedestrian-friendly design.
As a freehold area, JLT attracts investors seeking lucrative opportunities, especially for penthouses with high ROI in Dubai. With its proximity to key business districts and a diverse range of amenities, it has become a sought-after location for both residential properties. Let’s look at the average prices of a penthouse in JLT.
- On average 3-bedroom penthouses for sale in JLT have an asking price of AED 5.90M.
- Larger 4-bedroom penthouses for sale in the area have an average price of start at AED 14.7M.
- For ultimate luxury, 5-bedroom penthouses in JLT cost around AED 9.35M.
- The ROI for penthouses in JLT is 4.44%.
Dubai Creek Harbour
Dubai Creek Harbour is one of the sought-after areas to invest in a luxury penthouse in Dubai. This master development by Emaar is located along the iconic Dubai Creek. Al Khail Road (E44) and Nad Al Hamar Road (D62) connect the area to other parts of the emirate. The prices for buying a penthouse in the area are listed below:
- On average the 3-bedroom penthouses in Dubai Creek Harbour are valued at approximately AED 9.12M.
- Opulent 4-bedroom penthouses are available for an average price of AED 10.3M.
- The ROI for penthouses for sale in Dubai Creek Harbour is 5.23%.
FAQs About Buying Penthouses in Dubai
What are some of the popular areas to rent luxury penthouses in Dubai?
Some of the popular areas to rent opulent penthouses in Dubai are Palm Jumeirah, Dubai Marina, Downtown Dubai and JLT to name a few.
What are the average prices for areas to invest in a luxury penthouse in Dubai with high ROI?
The average price to buy penthouses with high ROI areas of Dubai are:
Areas | Average Price | ROI |
---|---|---|
Areas Dubai Marina | Average Price AED 16,837,000 | ROI 4.56% |
Areas Downtown Dubai | Average Price AED 22,462,000 | ROI 6.82% |
Areas Jumeirah Village Circle (JVC) | Average Price AED 3,245,000 | ROI 8.20% |
Areas Jumeirah Lake Towers (JLT) | Average Price AED 11,707,000 | ROI 4.44% |
Areas Dubai Creek Harbour | Average Price AED 9,952,000 | ROI 5.23% |
Moreover, Bayut’s Dubai Transactions page offers a detailed index of real estate transaction data from the Dubai Land Department, including property sales history, annual sales volume and area-specific transactional values. This resource enables you to make informed decisions by comparing advertised prices with actual transactional prices for properties of interest.
What are some of the most expensive penthouses in Dubai?
Some of the buildings with the most expensive penthouses in Dubai are:
- Sky Mansions by Bugatti Residences by Binghatti.
- Como Residences.
- Marsa Al Arab.
- Sky Villa in Bulgari Lighthouse.
- Shell-and-core mega penthouse at AVA by Omniyat.
- The One Palm penthouse
That’s all for our roundup of the areas with high ROI penthouses for sale in Dubai. Additionally, the premium branded properties in Dubai like Armani Residence, and Bugatti Residences by Binghatti have added value to the real estate market in the UAE. These sought-after properties offer high ROI over a long time for investors and home buyers.