Luxury Real Estate of Dubai. The modern version of the Arabian fairytale.

The highest skyscraper in the world, the biggest artificial island, the biggest man-made marine…

and a lot more that is the best. It is, certainly Emirates.

About Dubai:

When it comes to the lifestyle, compromises aren't peculiar to the East. The luxury, luxury and once again luxury, the UAE lift up a concept of selectional housing under hotel management of world brands to the new level. The concept isn't new and enjoys popularity in some other countries. Briefly, the essence of the concept is that you live in your own apartments where all services of hotel 5 * - the concierge, the order of the taxi, cleaning, a number of privileges in the territory of a complex (fitness, pools, a conference – halls) are available.

Housing of this kind is popular in Dubai as nowhere else. Construction of new towers of luxury residences goes with really fantastic speed, apartments and penthouses are reserved at the initial stages of construction, and the best hotels of the world fight for the right of management of residences. But what is fundamental difference of similar housing in Dubai from similar in other countries? In scope of service! Even the word "level" in relation to service won't fit in here. Level is for the West, 3-4-5 * … and in the East level is just one, 5 stars, but scope is infinitive. One’s imagination won't be enough to think up what else could appear in the territory of residences. Unless flying carpet? Or the personal gin granting desires? But there is a limousine service and the concierge … Private movie theaters, lounges for parties and business meetings, the helicopter service, restaurants of haute-cuisine with a possibility of ordering any meal into apartments, chef serving your private event  and possibility of creation of the menu, tennis courts, stables, golf fields, world-class shopping  with service of the personal consultant … somehow it is even inconvenient to mention the banal fitness studio and a Spa complex in this list.

Talking about penthouses, we mean first of all views and once again views. The Palm, the city, the gulf open from height of bird's flight, the panoramic windows coming to all 4 sidea of the world offer magnificent views of sunrises and sunsets from the top if the world. 

Apartments and penthouses in such residences are offered in two options. First, it can be apartments with full finishing, free planning and without furniture (vacant) where you can realize all your ideas and create the world of your dream. You will be assisted by the best design and architectural bureaus of the world for which there is nothing impossible. Secondly, it is completely furnished apartments. When we say "completely", we also mean it. Do you remember? 

The East doesn't recognize compromises. Moving in you can safely invite friends and partners to your new housing the same day. Glasses will be in the bar, porcelain for meals in the kitchen, towels are folded at the pool and in bathrooms, and plaids and pillows on a terrace for cool evenings. Snack? At the distance of phone calls to the restaurant. Let's go down to boring figures and we will carry out the small review of penthouses offers and also the prices and maintenance costs of such housing.

Luxury residences are concentrated, certainly, around a marine, Palma and the downtown of Dubai. Penthouses are located on the top floors of residences and occupy either all floor, or a half (2 apartments on the floor). Do not be confused by the "modest" number of bedrooms (usually from 3 to 5), the area of apartments varies from 300 to 1200 sq.m. Besides, there are several living rooms, big and small, the dining room, rooms for maids, spacious terraces, wardrobe … Whether it is worth saying that in each bedroom has en-suite bathroom? The cost of penthouses varies from 2 to 20 million euros, however a worthy choice can be made for 3-4 million. The majority of offers is concentrated In this price segment. The most expensive penthouses are first of all a brand. Residences of Bvlgari and Armani will be, certainly, much more expensive. It can be also explained by a very limited offer. Such brand penthouses are not on the market at all. And if they suddenly appear, rumors are spread very quickly so an object doesn't manage even to come to the market. 

If you became the happy owner of unique housing, there is a natural question, the maintenance costs of such a luxury.

Monthly payments consist usually of service charges of the general territories and a penthouse, insurance, contributions to a sinking fund, a payment for management and utility payments (water, electricity). Rates vary a bit depending on managing company, but average is from 18 to 26 AED for square foot a year.

Translating it into more clear language, penthouse will cost you 30 – 50 euros for sq.m. a year. Let’s say, that apartment of 400 sq.m. will drag in costs of 12 000 - 20 000 euros a year, or 1000 – 1800 euros a month. This payment includes everything. Isn’t it a very modest price for living in a fairy tale?

Mercury Group Luxury Estate will assist you not only in finding the best penthouse, but also in supervising design projects and legalization of the deal.

We are proud to introduce to you a selection of the best penthouses of the world.

 

 

 

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