Launched in April 2019, Grand Bleu Tower is a luxury residential project by the award-winning property developer, Emaar.
A premium two-tower development on a shared eight-storey podium is located in Emaar Beachfront. The first tower comprises 53 residential floors and the second one – 36 floors with a total built-up area of nearly 885,000 sq ft. Overall, Grand Bleu Tower offers 631 residences, which include 1, 2 and 3-bedroom apartments and 4 and 7-bedroom penthouses.
Residents of Grand Bleu Tower will have a private beach at their convenience, as well as a swimming pool and fitness center. On the ground level there will be a retail and dining strip which will house boutique stores, galleries and F&B venues, while on the eighth floor of the podium homeowners will find a pool deck with recreational facilities.The little ones will have the time of their lives at the kids splash pad and dedicated children's play area.
Grand Bleu Tower is the first Elie Saab building in the world. Its surrounding area will be home to a 5,000 ft beach, 194,000 sq ft mall, a luxury hotel managed by the Address and multiple gourmet eateries, which will all be accessible once Emaar Beachfront is completed.
The starting price for a one-bedroom apartment of 771 sq ft in the upcoming development is AED 1,970,000 (USD 540,000). As for penthouses, a one-bedroom residence of 920 sq ft can be acquired for AED 2,100,000 (USD 572,000).
There is also another attractive option available for investors and end-users – a full-floor level of the building with a total area of 10,654 sq ft, and will cost AED 30,000,000 (USD 8,200,000).
Emaar Beachfront is a part of the grand development of Dubai Harbour. With an area of 20,000,000 sq ft it is set to become an ultimate maritime hub. Once completed, Dubai Harbour will be the largest of its kind in the Middle East, offering 1,100 berths, which will open over two phases. It will also be home to restaurants, cafes, bars, hotels, stores and residences.
Its own dedicated cruise terminal will cater to the complete passenger turnaround of two mega cruise ships at once. In terms of return on investment, analysts currently predict that in the future annual ROI in Emaar Beachfront will be at least 7%.