Penthouses for Sale in Burj Khalifa District Dubai
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Listing by
Metropolitan Premium Properties
Listing by
Metropolitan Premium Properties
Buying penthouses in Burj Khalifa District
The business community of Burj Khalifa District in Downtown Dubai reflects the rhythm of a major metropolis. All of Dubai’s active life is concentrated in a compact area surrounded by modern skyscrapers, exclusive residences and high-tech offices. The district’s developer was a well-known UAE company, Emaar Properties.
The main attraction of the Burj Khalifa District is the highest building in the world, the Burj Khalifa Tower, after which the community is named.
On the site of the district there are popular tourist attractions, expensive restaurants and cafes, five-star hotels, exhibition and picture halls, entertainment and cultural sites, fitness and spa centers, professional clubs and shopping centers, cinemas and recreation areas.
The Burj Khalifa District, in addition to commercial real estate, presents residential complexes where you can buy studios, apartments and penthouses with panoramic views of the city.
What types of penthouses are in the Burj Khalifa District?
Residential complexes such as IL Primo, Address Residences Dubai Opera and other penthouses in the Burj Khalifa Tower are particularly popular in the community.
There is great demand among buyers and investors for penthouses with 4 and 5 bedrooms on the top floors, which offer panoramic views of the sights of the area. Many are available for rent and for purchase.
The features of this type of housing include a large bright space, a spacious terrace with a recreation area and barbecue, panoramic glazing windows, finishing bedrooms from modern and technological materials, design and decor, fully equipped kitchen, built-in closets, separate room for the servants, laundry room, and a cloakroom.
Each penthouse has a =”smart home” system, which allows you to easily manage technology systems in the room.
Round-the-clock security and video surveillance, private lobbies, underground parking for residents and guests, concierge and maintenance services are additional benefits when buying housing in Burj Khalifa District.
Price trends of penthouses in the Burj Khalifa District
In IL Primo a penthouse with 5 bedrooms starts at 46,320,000 (USD 12,610,620). The floow area starts at 500 sq. m (5,385 sq. ft).
The price for a four-bedroom unit in Burj Khalifa is AED 25,000,000 (USD 6,806,250). The area is equal to 600 sq. m (6,458 sq. ft). In total there are more than 900 units in the building.
The starting price to rent a 4-bedroom penthouse is AED 467,000 (USD 127,141) per year.
For investors interested in buying a 4-bedroom penthouse, you should expect a yield of 2.9% per year.
*The price is valid for 2021
Highlights of Burj Khalifa District
You should consider buying a penthouse in the Burj Khalifa District due to the following opportunities the area offers:
- developed infrastructure and a rich business life;
- famous Dubai Fountains;
- easy access to public transportation;
- mosques, educational and medical institutions in the area;
- a wide variety of housing for rent and purchase;
- a freehold community – homes are available for full purchase to foreigners.