Buyers who aim to acquire prestigious housing choose the United Arab Emirates not by chance. In the major cities of the country, you can find the finest examples of premium real estate that never cease to amaze with their luxury, aesthetics, and comfort for living. Combined with the favorable climate of the country, high levels of security, and rich historical heritage, luxury apartments in the UAE become an ideal option for investments. On the pages of the Alira catalog, you will find a wide selection of reputable housing in the Emirates and can purchase it on the most advantageous terms for yourself.
Advantages of Buying Elite Apartments in the UAE
- Marketability: Selling premium apartments does not pose difficulties, as owners can easily find buyers when necessary.
- High Profitability: Properties in the premium segment can be an excellent solution for generating stable income through rental.
- Reasonable Cost: Apartments and flats in the UAE are priced lower than similar properties in major European cities. Moreover, in terms of infrastructure and quality of finishing, they often surpass their counterparts.
- Convenient Location: Elite real estate is predominantly located on the coast, providing residents with convenient access to beaches and magnificent views of the Persian Gulf.
- “Golden Visa”: With property purchases worth over 2 million AED, individuals can obtain the right to long-term residency in the country (valid for 10 years).
Popular Cities for Purchasing Luxury Apartments in the UAE
Elite properties can be found in any emirate. The most popular cities for buying apartments include:
- Dubai: The largest city and seaport, serving as a center for international relations. Dubai actively develops new residential complexes and skyscrapers, offering exclusive housing options including luxurious penthouses. Most elite flats are concentrated in areas such as Dubai Marina, Business Bay, Downtown Dubai, and the Palm Islands.
- Abu Dhabi: The capital and major business center of the country, with highly developed infrastructure and a financially capable population. Approximately 90% of the country’s oil reserves are concentrated in the vicinity of the city, making it profitable to rent out apartments to entrepreneurs. The return on investment in the capital can reach up to 7–8%. The most popular areas include Al Shahama, Yas Islands, and Saadiyat Island.
- Sharjah: An emirate with a strict lifestyle and a dynamically developing real estate market. The investment attractiveness of elite apartments in this city is due to its tourist appeal. Rental opportunities are abundant, and the most expensive and prestigious residential complexes are located in areas like Al Majaz, Al Khan, and Al Taawun.
- Ajman: A small emirate a few kilometers from Sharjah, developing thanks to its own seaport and tourism. The city offers ample opportunities for business development and a wide selection of premium real estate, including apartments with jacuzzis, pools, and other amenities. New buildings with premium-class apartments are predominantly located in areas such as Al Zora, Downtown, and Corniche Street.
- Ras Al Khaimah: An emirate in the northern part of the country, with a stable economy based on oil, seaports, and industrial enterprises. The local real estate market is not yet saturated with buyers, so purchasing elite apartments here can be done at a moderate price. Popular places for purchase include coastal communities such as Al Marjan, Al Hamra Village.
- Fujairah: A city on the coast of the Gulf of Oman with a seaport and a free economic zone. Many entrepreneurs visit here and prefer to stay in rental accommodations. Some opt for elite apartments, making property purchase a good source of rental income. Premium-class housing is concentrated in areas such as Al Fujairah, Khor Fakkan, and Dibba.
Prices of Premium Apartments in the UAE
Premium real estate is characterized by thoughtful design and a high level of comfort, which is why it comes at a higher cost compared to housing in other price segments. Prices for elite apartments in the UAE can reach tens of millions of dollars, but the expenses are fully justified by a wide range of amenities, magnificent sea views, and luxury in every detail. The main factors influencing the cost formation include:
- The city and district where the property is located.
- The prestige of the residential complex and its infrastructure features.
- Size, number of rooms.
- Floor level.
- View characteristics and some other features of the property.
Investments in Apartments in the UAE
Acquiring an apartment in the Arab Emirates is a rational investment. A stable currency exchange rate combined with active construction and constant growth in housing prices allow for a decent income from the purchase. In many cities of the country, there are special Freehold zones where foreigners can buy property for full ownership. Later, the apartment can be resold at a discount or rented out, providing a stable passive income. The average return on investment when renting out is 6–7% annually.
Advantages of Purchasing Apartments through Our Agency
Alira company will become your reliable assistant in searching for and acquiring prestigious real estate in the Emirates. When cooperating with our agency, you get numerous advantages:
- Services from an experienced company with an impeccable reputation in the UAE real estate sector.
- A comprehensive approach to client needs – from property selection to full legal support.
- Guarantees of confidentiality of buyer’s personal data.
- All real estate transaction services in one place – purchase/sale, rental, property management.
- Flexible interaction conditions, apartment selection based on client preferences.
- A large and constantly updated database of housing in the UAE.
- Convenient apartment search on the website, a well-thought-out sorting system by various criteria.
Contact us now to find and buy a luxury apartment in the Arab Emirate! We offer a wide selection of profitable deals, assist with transaction formalities, and provide professional post-sale service. You can schedule a consultation with our specialists through the online form, via email at info@alirarealestate.com, or by calling +7 (986) 927-73-77 , +971 (588) 337 903.