The 6 Best Residential Buildings for Investment in Dubai

28th June 2024buying

The 6 Best Residential Buildings for Investment in Dubai

According to a 2023 report, Dubai’s residential market remains attractive and lucrative, with apartments a popular option among property investors.

The same report states that the city will remain a prime residential market in 2024.

Although it’s already the middle of 2024, you still have plenty of time to invest in the best residential buildings in Dubai and own an apartment in this city. As of now, property prices remain competitive, offering investors exceptional value compared to other cities.

Buying an apartment for sale in Dubai today also allows you to make the most of high rental yields and returns. The foreigner-friendly policies and favorable tax conditions make it easier for expatriates to invest and reside in the emirate as well.

These reasons make investing in an apartment in Dubai a smart move, whether you’re interested in owning a home or having an additional income stream.

Top Residential Buildings in Dubai

Below are some of the most sought-after, investment-worthy apartment buildings in Dubai:

1. Burj Khalifa

The Burj Khalifa is one of the most popular landmarks in Dubai and the United Arab Emirates, attracting thousands of visitors daily. This famous skyscraper, which holds the record for the world's tallest structure, boasts several high-end hotels, restaurants and cafes. It is also home to a number of apartments, which are on the 19th to 108th floors.

Owning an apartment in this iconic building allows you to benefit from its strategic and prestigious location. It is located in Downtown Dubai, one of the city’s renowned hubs for business and tourism. This area is also known for its world-class amenities that provide residents and guests with a luxurious lifestyle.

Burj Khalifa’s apartments range from studio-type to four-bedroom units. All flats offer incredible views of the city skyline, the Arabian Gulf, or both.

Burj Khalifa is near several malls, supermarkets, schools, universities, clinics and hospitals. Staying here also gives you access to many well-known restaurants, cafes, fitness centers, spas, and popular tourist destinations, such as Dubai Mall, Dubai Fountain, Dubai Opera, and Jumeirah Beach.

2. Sunrise Bay

Sunrise Bay is one of the best residential towers in Dubai. It is located on EMAAR Beachfront, a gated, exclusive community on Dubai Harbour.

The two towers are connected by a podium featuring a game room, play area, relaxation lounge, and world-class fitness centers.

The podium also boasts an outdoor swimming pool with stunning views of the Arabian Gulf and Dubai Marina. Its waterfront promenade features a variety of must-try restaurants and cafés.

Sunrise Bay is only 20 minutes from the Dubai International Airport and is easily accessible by Sheikh Zayed Road. It is surrounded by white sandy beaches, making its location both convenient and scenic.

The twin building offers one-to-four-bedroom apartments with terraces and floor-to-ceiling windows with gorgeous waterfront views. All units feature a contemporary design and premium fixtures.

EMAAR Beachfront is near several supermarkets, schools, clinics, hospitals, and other essential amenities. Nearby popular destinations include Dubai Marina Mall, Nakheel Mall, Marina Beach, JBR Beach, and The Walk JBR.

With its location, well-designed and built units and amenities, Sunrise Bay is one of the best apartment buildings in Dubai you should consider investing in.

3. Marina Gate

Dubai Marina is teeming with high-end properties, including the Marina Gate, an exclusive residential complex.

The Marina Gate apartments offer a luxurious waterfront lifestyle with beautiful views of the Dubai Marina and the Arabian Gulf. The apartments, which have one to four bedrooms, feature well-designed, contemporary interiors, each with expansive windows to give you stunning panoramas. The building boasts various amenities, including swimming pools and a fitness center.

You can also experience this way of living when you step out of the building since you’ll have access to many fine dining restaurants, upscale shops and highly sought-after entertainment hubs.

JBR Beach and The Walk are easily accessible, making them the ideal places to relax and enjoy fun activities. The Dubai Mall is also nearby, giving you more dining, entertainment and leisure options.

The many amenities and features of Marina Gate make it another top Dubai apartment building for property investment.

4. 17 Icon Bay

Located in Dubai Creek Harbour, 17 Icon Bay is a high-rise residential building offering residents an unparalleled, prestigious lifestyle.

Staying at 17 Icon Bay lets you enjoy lovely views of Burj Khalifa, Dubai Creek Tower and Ras Al Khor Wildlife Sanctuary. The apartments, which have one, two or three bedrooms, have complete modern amenities and feature tasteful designs.

The high-rise building boasts an onsite fitness center, swimming pool, children’s play area, and leisure deck. There are several schools, supermarkets, clinics, and other amenities nearby as well.

For a variety of dining, leisure and recreational options, head to Dubai Creek Harbour Marina Walk, Dubai Festival City Mall and Creek Marina Yacht Club, which are only a few minutes away from 17 Icon Bay.

5. Armani Beach Residences

Located in Palm Jumeirah, Armani Beach Residences Palm Jumeirah is an apartment building developed in collaboration with the Armani Group. This exclusive residential project offers a unique blend of Japanese elegance and contemporary finesse.

Would-be residents of the building can enjoy direct access to pristine beaches, an exclusive beach club, and striking views of the Arabian Gulf and Dubai skyline. Its amenities include a fitness center, parks, dining outlets, and concierge services.

When completed, the building will have two- to five- bedroom apartments, all offering panoramic views and a seamless blend of interior and exterior spaces.

Armani Beach Residences is near Dubai Marina, Mall of the Emirates and Downtown Dubai. Many of the city’s most reputable schools, clinics, supermarkets, and other amenities are also within a short distance.

The project’s expected completion date is December 2026.

6. Binghatti House

Jumeirah Village Circle, or JVC, is one of the best neighborhoods in the city. It is family-friendly and offers housing options ranging from affordable to splurge-worthy. It also boasts some of the best off-plan properties in Dubai, making it a highly sought-after residential area.

Binghatti House is an off-plan project in JVC you can consider investing in. It is a high-rise commercial and residential building offering world-class amenities.

The residential floors consist of studio, one- and two-bedroom apartments, ideal for singles, couples and single-child families. The building’s high-end amenities include a swimming pool and fitness center.

Since Binghatti House is located at JVC, living here means you’ll have quick access to parks, sports facilities, barbeque areas, and children’s playgrounds. The area also has plenty of schools, supermarkets, clinics and hospitals.

The nearby malls, beaches, dining establishments, and parks can make living here more enjoyable. Must-visit places include Circle Mall, Mall of the Emirates, JBR, Kite Beach, and Dubai Miracle Garden.

Once completed in September 2024, Binghatti House will be one of the top new residential buildings in Dubai.