Listing by
Metropolitan Premium Properties
Listing by
Metropolitan Premium Properties
St. Regis The Residences Tower 1 is the second phase of the ultra-luxury St. Regis The Residences development in the Opera District, Downtown Dubai, which was presented in Q1 2022. Developed by the highest-selling real estate giant of 2021; Emaar Properties, the branded 64-storey tower offers an expansive selection of serviced 1-3 bedroom apartments, with total living areas ranging between 729 sq. ft and 1,844 sq. ft. Nearly all residences feature one or more balconies of 21 sq. ft to 411 sq. ft (depending on the layouts), overlooking the iconic Burj Khalifa and The Dubai Mall.
Although St. Regis The Residences is strictly a residential development and does not include a hotel, homeowners will still be able to benefit from a vast range of 5-star amenities backed up by the renowned St. Regis brand. These are as follows:
As well as all the above, there will be a grand lobby, spanning across 3 levels, which is a signature centerpiece that can be found in many St. Regis hotels across the world. Of course, residents will also be granted full access to allocated parking spaces for the utmost convenience.
To obtain more details on property prices in St. Regis The Residences Tower 1, please register your interest on our website.
If you are interested in acquiring a serviced property in the Opera District, you can take a look at The Address Residences Dubai Opera, also developed by Emaar Properties. With an initial cost of AED 1,800,000 (USD 490,000), the project offers a 5-star concierge service, exquisite lounges and an infinity pool, among other premium amenities.
*The price is valid for 2022
As mentioned earlier, St. Regis The Residences is located in the Opera District, which is set to become the prime cultural hub of the emirate. Once completed, homeowners will be able to benefit from design studios, waterfront promenades, recreational spaces, parks, a retail plaza, galleries, 2 art-themed hotels and a museum. Not forgetting that the area includes the Dubai Opera, which is the first multi-format theater in the country, with a 2,000-seat multi-purpose arts venue, moveable floors, a rooftop restaurant and a rooftop garden.
In addition, the branded development is being built within the vicinity of Al Safa Street and the Sheikh Zayed Road, significantly facilitating travel commutes around the emirate. That being said, residents will be able to easily reach some of the most covetous areas of Dubai within a radius of 15 minutes’, including DIFC, Dubai World Trade Center, Business Bay and Nad Al Sheba, among others. St. Regis The Residences is also surrounded by multiple metro and bus links, such as Burj Khalifa/Dubai Mall Metro Station, Business Bay Metro Station, The Dubai Mall Bus Station, and 8 Boulevard Walk Tower 1, just to name a few.
As well as all the above, those living in St. Regis The Residences Tower 1 will have plenty of supermarkets, medical centers and academic institutions, among other essential amenities, at their full disposal, just a 15-minute walk away. These are as follows:
Another benefit of living in St. Regis The Residences Tower 1 is the abundance of dining, shopping, leisure and entertainment options nearby. That being said, Sheikh Mohammed bin Rashid Boulevard, which is less than 15 minutes’ away, houses an array of luxury hotels, swanky bars, as well as fine eateries, including Vida Downtown Dubai, Asador de Aranda, Wild & The Moon – Emaar, Mayrig and much more. Not forgetting many of the most famous Dubai attractions sit right next door to the development, and include the Burj Khalifa, The Dubai Mall, Souk Al Bahar, The Dubai Fountain and Wings of Mexico. For a boutique cinema experience, it is worth visiting the newly opened Cinemacity Fountain Views, just a stone’s throw away,, which features 5 VIP theaters, a lounge and a butler service.
Due for completion in Q4 2026, the St. Regis The Residences is located on the last plot in Downtown Dubai facing the Burj Khalifa, The Dubai Mall and Dubai Opera, which makes it an exclusive opportunity to own a property right next to some of the most famous attractions in the world. Due to its location, the project is set to be in high demand in terms of short-term rentals in particular, especially as Downtown Dubai plans to become the centralized financial hub of the emirate, along with Business Bay, according to the Dubai 2040 Urban Master Plan. As a result, there is expected to be an influx of business professionals and entrepreneurs into the area, who prefer to stay in comfortable apartments with hotel and business facilities, next to the headquarters of their international companies and firms. According to PropertyMonitor, Downtown Dubai generates a 5.64% ROI on average, whereas weekly and daily rental costs in similar complexes is AED 14,000 (USD 3,800) and AED 3,000 (USD 816) respectively. At the same time, the annual service charge in St. Regis The Residences Tower 1 is AED 18-20 (USD 4.9-5.45) per sq. ft.
Furthermore, there is the opportunity to acquire a half floor or a full floor unit in St. Regis The Residences, which will enable you to construct several apartments for a subsequent lease and/or resale. As a result, you will obtain a strong cash flow on a regular basis and you will also be able to sell properties at the higher price, once the development is completed. In fact, the capital value of apartments in Downtown Dubai continues to surge, as according to Bayut & dubizzle, the average price per sq. ft here increased by 10.83% Y-o-Y in 2021. Of course, there is an option of building a single full-floor residence for your personal use, so you can have maximum space and privacy in the heart of the city.
*The price is valid for 2022
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