St. Regis Tower 1 – new launch in Dubai

Emaar Properties is proud to present the release of Tower 1 in the branded St. Regis The Residences development on the last available plot along the Downtown Boulevard. Tower 2 of the development, which offers 1 and 2-bedroom apartments, was presented earlier this year (2022) and witnessed an overwhelming interest from local and overseas real estate investors. This time, prospective buyers have the opportunity to choose from a selection of ultra-refined 1, 2 and 3-bedroom apartments with signature 5-star amenities of the luxury St. Regis brand.

One of the most impressive perks of property ownership in St. Regis Residences is the privileged access to its luxury on-site hotel facilities, which include a cigar lounge, a spa, 2 swimming pools, a library, restaurants and bars, as well as a butler service, among many others. Not forgetting that St. Regis The Residences is located on the last plot along the Downtown Boulevard, which faces the Burj Khalifa, making it a truly one-off opportunity to purchase a branded apartment right next to one of the most visited attractions in the world.

The year 2021 delivered the highest ever sales for Emaar Properties, having generated a total of AED 33.8B (USD 9.2B), amidst the real estate market recovery after a 5-year slump. That being said, according to Haider Tuama, Head of Real Estate Research at ValuStrat, the award-winning master developer is dominating the off-plan market, as it held an overall 27% share of all off-plan transactions in Dubai last year (2021). The consistent demand for real estate by Emaar Properties is attributed to the fact that the company has succeeded in providing real integrated communities and manages its own developments even post-handover.

Amidst the ongoing demand for ultra-luxury serviced residential properties, Dubai has witnessed the release of multiple branded developments in collaboration with famous hospitality chains. One of these is Six Senses The Palm on Palm Jumeirah, the first Six Senses project in the UAE, which combines innovative wellness-oriented solutions and bespoke a la carte services. Due for completion in Q4 2024, it will house swimming pools, restaurants and bars, an indoor cinema and a games room, among other upscale facilities, surrounded by native beach planting, decks, courtyards and valley paths.