Experience opulence at the top luxury penthouses in Dubai
The diverse real estate market of Dubai includes some fabulous penthouses embodying opulence and sophistication. The luxury penthouses in Dubai typically occupy the top floor of the building and offer unrestricted views of the skyline. If you’re searching for the most luxurious penthouses in Dubai for rent or sale, we’ve compiled a list of the top areas where you can find these stunning properties and how they’ll cost you.
TOP AREAS TO BUY LUXURY PENTHOUSES IN DUBAI
Based on the search trends observed on Bayut, Dubai Marina is the most sought after area to buy penthouses in Dubai. The penthouses in Palm Jumeirah and Downtown Dubai are also popular among property seekers.
DUBAI MARINA
Home to more than 200 skyscrapers, Dubai Marina is one of the most popular areas to rent luxury penthouses in Dubai. Most of these units come with spacious balconies, large dining areas and built-in wardrobes.
Penthouses for sale in Dubai Marina are available in Princess Tower, Elite Residence and Marina Opal Tower. The average sale price for these luxury penthouses in Dubai starts from AED 10.9M on average. This area offers 4.96 per cent ROI on penthouses.
PALM JUMEIRAH
Next on our list of areas to buy luxury penthouses in Dubai is Palm Jumeirah, the world’s largest artificial archipelago that resembles a palm tree. The island boasts world-class amenities, including some of Dubai’s most popular entertainment attractions.
As per the trends on Bayut, the penthouses for sale in Palm Jumeirah are available in 2 to 4-bedroom configurations at Palme Couture Residences, Golden Mile and One at Palm Jumeirah. The average sale price for penthouses in Palm Jumeirah stands at AED 32.9M. The expected ROI for penthouses in Palm Jumeirah is an impressive 2.79%.
DOWNTOWN DUBAI
When talking about luxury penthouses for sale in Dubai, you can’t ignore the bustling district of Downtown Dubai that is home to Burj Khalifa and The Dubai Mall.
Hence, it is not surprising that Downtown Dubai penthouses for sale offer an unmatched elite lifestyle. You can find some of the most luxurious penthouses in 3 to 5-bedroom configurations in Boulevard Point, The Address Sky View and Vida Residence.
The average sale price for these luxury penthouses in Dubai is AED 17.1M. Investors can expect the average ROI of Downtown Dubai penthouses to be 8.22 %.
BUSINESS BAY
Business Bay is set amidst the gleaming waters of the Dubai Canal. The area is a mix of both residential and commercial properties, so life here is fast-paced.
If you’re looking to buy a penthouse in Business Bay, you can check out Volante Tower, The Dorchester Collection and Safa Two by De Grisogono (off-plan). The sale prices here average AED 37.9M, while you can expect ROI as high as 2.58%.
JUMEIRAH VILLAGE CIRCLE – JVC
Jumeirah Village Circle is located in the heart of Dubai, surrounded by landscaped gardens. It is a master community project of Nakheel – a leading real estate developer in the city. This area must be on your list if you’re looking for minimalist yet luxury penthouses in Dubai.
You can find penthouses in Five Jumeirah Village, Aria Residence and La Riviera Apartments. Expect to shell out around AED 3.47M to buy a penthouse in JVC. The expected ROI of penthouses in JVC averages 6.42%.
TOP AREAS TO RENT LUXURY PENTHOUSES IN DUBAI
When it comes to penthouses for rent in Dubai, Dubai Marina enjoys the highest popularity. Similar to sales trends, the penthouses for rent in Downtown Dubai and Palm Jumeirah also appeal to prospective tenants.
Let’s dive in and learn more about these areas and the rents of penthouses within them.
DUBAI MARINA
Dubai Marina offers panoramic views of the Marina skyline. Renting a penthouse here, allows you quick access to Dubai Marina Walk and Dubai Marina Mall. The average rent for a penthouse in Dubai Marina stands at AED 522k per annum.
You can consider The Torch, Dubai Marina Moon Tower and Ocean Heights to rent a penthouse in Dubai Marina.
DOWNTOWN DUBAI
This fast paced and constantly evolving district in the centre of Dubai is all about glitz and glam. The luxury penthouses in Downtown Dubai have fully-fitted kitchens, master bedrooms with walk-in closets and sleek bathrooms. You can rent penthouses in Downtown Dubai for AED 1.12M on average.
Those living in Downtown Dubai will find state-of-the-art gyms, swimming pools, play areas, tennis courts and games rooms in most towers. You can consider renting penthouses in Vida Residence Dubai Mall, The Address Sky View Tower and of course, Burj Khalifa.
PALM JUMEIRAH
Tenants looking for luxurious penthouses in Dubai under AED 600k can explore their options in Palm Jumeirah. You can find 3 to 5-bed penthouses for rent in Palm Jumeirah‘s Maurya, The Fairmont and Al Hallawi towers. The annual rents for these properties average at AED 515k.
JUMEIRAH BEACH RESIDENCE – JBR
Home to iconic Dubai landmarks such as The Beach and The Walk, JBR is one of the most sought after areas in the city. With a 1.7km stretch of shoreline, this area is a dream come true for a beach person. And if you’re looking to rent the most luxurious penthouses in Dubai, you can consider Murjan, Rimal and Shams.
According to Bayut’s current listings, you can rent a penthouse in JBR for AED 380k on average.
JUMEIRAH LAKE TOWERS – JLT
JLT is a freehold area in Dubai, divided into 26 mix-use clusters with three high-rise buildings in each. The skyscraper community offers some of the best penthouses in Dubai. To rent a penthouse in JLT, you can expect to pay AED 324k approximately.
FREQUENTLY ASKED QUESTIONS
ARE PENTHOUSES WORTH THE INVESTMENT?
If you’re looking for fantastic views and high-end amenities, then penthouses are worth it. If you’re looking for investment purposes, the most lucrative option is Downtown Dubai with an expected ROI of 8.22%. However, if the only goal is to move into luxury accommodation, you can also check out 4 and 5-bed apartments and duplexes in the city.
ARE PENTHOUSES EXPENSIVE IN DUBAI?
Penthouses generally have a higher price tag. But those interested in buying or renting a penthouse in Dubai will find numerous options to suit different budgets.
That wraps up our list of the most popular areas with penthouses in Dubai. You can also explore other residential properties in Dubai available to buyers and investors, such as lofts, townhouses and villas.
Not sure about the penthouses? Check out these expensive areas to buy or rent apartments in Dubai.
And if you’re looking for office spaces, Opal Tower in Business Bay is a good option worth exploring.
