In this article we will tell you more about the long-awaited projects which have already attracted the attention of investors and those wishing to move to the UAE.
Orla is a new residential development by Omniyat Properties, which will be located on the iconic Palm Jumeirah. Orla is a premium development residences managed by the Dorchester Collection, which is a luxury hotel operator, known for its bespoke services and refined elegance, appreciated by people of all ages.
Most recently the developer announced a penthouse apartment which will break all records in the emirate of Dubai in terms of the floor plan area (50,000 sq. ft). The penthouse, also known as the sky palace, is planned to become the largest in the UAE and the Middle East.
The exclusive penthouse will feature a 35-meter infinity pool, its own lobby, an arrival area and an elevator. Residents of the development will have easy access to iconic landmarks of the man-made island including Aquaventure Waterpark, The Lost Chambers Aquarium and Nakheel Mall.
Note: Beachfront properties are in high demand among those wishing to experience a resort-style lifestyle or generate a stable passive income by renting a property out. Among the most desirable waterfront locations are Emaar Beachfront, Dubai Creek Harbour, the Palm Jumeirah and Dubai Marina. You can learn more about luxurious projects in these areas in this article.
The Burj Khalifa is the highest building in the world, offering residential units, offices and entertainment and dining venues. But what about acquiring a property in the tallest residential tower in the world? Burj Binghatti Jacob & Co Residences is an upcoming project, which will be nestled in the vibrant area of Business Bay.
To create this architectural masterpiece, Binghatti has teamed up with the world-renowned high jewellery and watches brand; Jacob & Co. The design of the skyscraper, which will be over 100-storeys high, will be reminiscent of the complex horological movements of the company’s timeless masterpieces.
Among the units available for sale are The Sapphire Suite Collection 2-bedroom suites, The Emerald Suite Collection 3-bedroom suites, The exclusive Fleurs De Jardin 4-bedroom penthouses, the Astronomia duplex with 5 bedrooms, and the Royal Billionaire 7-bedroom penthouse. Penthouses will come with private infinity pools, jacuzzis and their own aquarium.
Those wishing for maximum comfort and an even more premium living environment, might be interested in the Royal Billionaire 7-bedroom penthouse, which will become one of the most iconic residences in the whole emirate, featuring a private cinema room, a snooker lounge, a massage room, a coffee room and other amenities.
Endless unrivaled facilities and services will be offered to occupants of the tower, including:
The project is planned to be completed in Q2 2026.
DIFC Living and Innovation Two is an upcoming mix-use building which will appear in the developing area of Dubai International Financial Centre. It’s planned that the development will consist of over 170 residential units.
Dubai International Financial Centre is home to over 600 tech firms which include educational institutions, established innovation companies, venture capital firms and digital labs. From here you will be able to reach Downtown Dubai and Business Bay within a 15–20 minute drive.
The project will be completed in 2025 and residents of the development will have access to green spaces which include roof terraces and vertical gardens. The development will correspond to LEED standards and environment impact measurement is being taken into account. Thanks to coworking spaces and offices spreading over 184,000 sq. ft you will always be able to reach new career heights, as well as interact with your neighbours. Moreover, conference facilities and 107,000 sq. ft of retail space will also be present in the development.
Dubai Canal is one of the most desirable locations among people wishing to purchase a property in Dubai. From here you will easily be able to get to any corner of the emirate. Another benefit is the amazing waterfront views with the Dubai skyline in the background. Among the latest projects which have already attracted the attention of those wishing to enjoy a premium lifestyle on the Dubai Canal is Cavalli Couture.
The project, which will house 70 residences, is being developed by the award winning DAMAC Properties, and the designer of the development is the legendary fashion house of Roberto Cavalli. Among the units for sale are 3–4 bedroom apartments with living areas from 4,251 sq. ft and more spacious 5-bedroom duplexes. On the balcony of each premises will be a private infinity pool and a waterfall, while a mirror wall will be present in all the bathrooms and bedrooms.
Cavalli Couture will boast the first lagoon on a podium in Dubai, the first Cavalli Cafe, the Cavalli Spa offering treatment rooms, a lounge zone, and a swimming pool at the top of the building, as well as plenty of other amenities. The starting cost of a real estate unit in Cavalli Couture is AED 16M (USD 4.4M), and purchasing a residential unit here will provide residents with tranquility and harmony. Cavalli Couture is one of the latest projects, offering waterfront views of Dubai Canal.
The S is the first signature residential project by Mr. PNC Menon, who is the Founder and Chairman of Sobha Ltd & Sobha LLC. The development will be situated at the crossroads of Dubai Internet City, the Sheikh Zayed Road and Palm Jumeirah. The creator of the development is Sobha Realty, who is an international luxury real estate developer, and the author of projects such as Crest Grande, Creek Vistas Reserve, Hartland Greens and Creek Vista District.
The 60-storey tower offers residences with different layouts, and there will also be a limited release of Sky Villas that will be located from Level 21 to Level 41 with a starting cost of AED 15.14M (USD 4.12M). Six levels of parking will also be offered to residents of The S. You will have maximum comfort due to a 24/7 concierge and security services, while green landscaped areas will allow you to relax after a tiring day. Among the other residential amenities will be a temperature-controlled infinity pool, a children’s pool, a health spa, The S Cafe, a lounge area and much more.
Strategically located on the Sheikh Zayed Road, The S offers easy access to key areas of Dubai. Thus, travel time to Business Bay and Downtown Dubai will last about 25 minutes, while Dubai Marina will be reachable within 10 minutes by car, as well as iconic landmarks and attractions such as Dubai Marina Mall, The Walk at JBR and Ain Dubai. Dubai Media City and Barsha Heights are among the closest districts to the development.
Mr. PNC Menon spent 50 years designing and developing premium palaces and royal facilities in Oman, Bahrain, Qatar, Brunei and other countries, as well as intricate mosques. The S will correspond to modern standards and boast solar reflecting roofing, energy efficient HVAC systems and a double-glazed facade.
Wasl Tower by Wasl Asset Management Group is another residential project located along the Sheikh Zayed Road. The construction of the 64-floor mixed-use building began in 2015 and it is planned to be completed in 2024, which means that future residents will be able to enjoy premium living in one of the most sought-after locations in the emirate, in the near future.
Across the 16th to 38th floors, hotel rooms by the Mandarin Oriental Hotel will be located. The number of residences, set on the upper floors, will be 229. In addition, 11 parking levels, a helipad and a large office space will be available for residents to use.
Residents of Wasl Tower will get access to a range of amenities such as sports facilities, retail outlets, dining options and much more. The ceramic facade of the building will help in regulating the temperature inside and reduce the noise. The starting price of a residential unit in Wasl Tower is AED 1.4M (USD 381K).
Note: While purchasing an off-plan property in Dubai, the invested funds don’t go directly to the developer but to the target account. You can find out more information about off-plan real estate in the emirate in this article.
Two 9-storeys buildings will be located on Palm Jumeirah and the Dubai Canal, which are among the most sought-after locations in Dubai. Shaun Killa from Killa Design, which is the architect behind the stunning Museum of the Future will be responsible for the architecture of the buildings.
The developer of the projects will be AHS Properties and the interior design of the developments will be created by 1508 London and Hirsch Bedner Associates. The price per 1 sq. ft of each building will be about USD 1,100. The two projects brought by AHS Properties have a combined value of USD 550,000,000.
Among the units on offer will be penthouses and sky villas. Future residents will be offered a wide range of amenities which include but are not limited to private cinema theaters, cigar lounges, private pools on the balconies and much more to come.
Those looking for more space and privacy might be interested in the exclusive residences of Palm Flower by Alpago Properties. To create this masterpiece, the developer has teamed up with Norman Foster of Foster & Partners.
The 11-storey tower offers 9 unique residential units with living areas from 9,000 sq. ft to 18,300 sq. ft. There will be one unit per floor, while the incredible penthouse will be spread over two floors. Residences will feature its own swimming pool on each terrace, offering views of the Arabian Gulf, a garden terrace, a private gymnasium, a cinema theater and double-height living spaces. Parking spaces will be located in the basement and will also be included in the sale of each exclusive property. From the Palm Tower that will be located on the West Beach of Palm Jumeirah, residents will be able to reach key areas of Dubai within a short period of time.
Note: Those wishing for more spacious units might be interested in purchasing a villa. There are signature villas located throughout the emirate including the Palm Jumeirah, Emirates Hills, District One and many other areas.
Even though Abu Dhabi isn’t as popular or as well-known as Dubai, the Emirati capital is also a desirable destination to reside in. The leading developer of Abu Dhabi is Aldar Properties who recently launched the premium project of Saadiyat Lagoons. It’s worth noting that the units will be available for purchase by UAE nationals only.
The starting cost of a villa in Saadiyat Lagoons is AED 5.98M (USD 1.63M) and future occupants can choose a unit from 4–6 bedroom villas. The total number of residences in the project is 207, and a biophilic design philosophy can be seen through the homes of Saadiyat Lagoons, due to the endless mangroves, waterways and the use of sustainable materials providing residents with premium living.
Becoming an owner of a villa in Saadiyat Lagoons will provide its residents with access to endless amenities which include but are not limited to:
The construction will start in Q2 2023, and it’s planned that the project will be completed in Q2 2026. Due to the strategic location of Saadiyat Lagoons, between the Cultural Spine and the Eco Corniche, residents will have access to plenty of cultural and natural amenities. The mainland of Abu Dhabi will be reachable in just 20 minutes, and iconic shopping centers including Abu Dhabi Mall, Reem Mall and Galleria Mall will be located within a 15-minute drive.
Ras Al Khaimah is a rapidly developing location, being the northernmost emirate of the country. In November 2022 Aldar Properties decided to widen its portfolio and acquire a 430K sq. ft beachfront plot in Al Marjan Island from Marjan, who is a leading developer of freehold real estate projects in Ras Al Khaimah. Aldar plans to combine this plot with an already existing land plot purchased via the DoubleTree by Hilton Resort & Spa Marjan Island acquisition to create a mixed-use waterfront development.
The community, which is planned to be launched in 2023, will become the first project by Aldar Properties in Ras Al Khaimah, and will offer over 2,000 branded and premium residences with access to a 2-kilometer private beach, retail stores and a beach club. Al Marjan Island is a leading leisure and lifestyle destination, which means that investors will definitely be interested in purchasing a unit here.
If you are wishing to purchase a luxury property in Dubai or any other of the emirates, our Metropolitan Premium Properties professionals are ready to help you. We know everything about the Emirati real estate market trends and will find a unit corresponding to your needs.
If you plan to purchase a more affordable apartment or villa for yourself or as an investment in order to rent it out in the future, our brokers will provide you with the latest information about the recently launched projects, and offer off-plan projects with attractive payment plans. We are also ready to help you in getting a mortgage at one of the local banks to help you realize your dream.
