The UAE’s real estate is becoming attractive to a growing number of investors every year. The off-plan market is considered to be particularly lucrative, as investors can count on either a significant return from reselling an off-plan residence at later construction stages or a higher rental income. Now, when the country has confidently recovered after an economic downturn caused by the coronavirus pandemic, the market features numerous interesting offerings from developers once again. We have listed the TOP 10 new off-plan residential projects in Dubai for you to view and choose the option that meets your needs best.
Contents:
- TOP 10 new residential developments in Dubai
- Cavalli Estates
- DAMAC Lagoons
- Damac Safa One
- Creek Beach Orchid
- Elite Downtown Residence
- Sobha Crest Grande
- Safa Two
- Address Residences The Bay
- AVA at Palm Jumeirah
- Six Senses the Palm
- Professional assistance
TOP 10 new residential developments in Dubai
Here are the new residential developments in Dubai most popular among foreigners. Construction of these buildings began a short time ago. Each project has unique features, so let us carefully consider Dubai’s best districts to live in.
Cavalli Estates
Cavalli Estates is a new residential project created in collaboration with the world-famous Roberto Cavalli fashion house. 200 signature villas with creative design that defies the boundaries of imagination will be located in the popular district of DAMAC Hills.
The luxurious project features spacious 6 and 7-bedroom villas with the floor area ranging from 1,050 square meters to 1,628 square meters. Cavalli Estates villas will have personal parking for several vehicles. The floor plans feature separate recreation rooms and spacious dining rooms for formal and family meetings, and a ground floor with natural lighting opening into a courtyard which you can turn into a movie hall, a home gym, a video arcade, or a wellness center.
Currently, this exclusive villa community from the developer, DAMAC Properties, is under construction. The starting price is AED 19,797,000. The developer offers a 75/25 payment plan, where 75% of the value is paid during the construction and 25%, on completion. The scheduled project completion time is April 2024.
DAMAC Lagoons
DAMAC Lagoons is a residential complex sprawling across 418 hectares. It is divided into eight Mediterranean-styled communities built around magnificent man-made lagoons. Each cluster is individually themed, which is reflected in the amenities its residents will have access to.
There is a total of 6 phases in the community, each named after a Mediterranean resort with distinctive features, such as:
- Nice. French Riviera-style townhouses and villas with olive trees and picturesque beaches and ponds
- Costa Brava. Premium Spanish-style houses in the most adventurous district are a perfect fit for fans of extreme sports
- Portofino. Elite townhouses and villas in the center of the communityare imbued with an unforgettable atmosphere.
Each property in DAMAC Lagoons has plenty of living space and expansive outdoor areas. Investors and future residents can choose from 4, 5, 6, and 7-bedroom townhouses and villas. Each home also has a terrace and a living room.
Property prices start at AED 1,490,000. The developer offers several options of payment in installments of 50/50 or 70/30 and you can book a unit by paying only 20% of its value. Construction completion is scheduled for the fourth quarter of 2024.
Damac Safa One
Safa One by de GRISOGONO rises along Dubai’s illustrious Sheikh Zayed Road at the edge of the evergreen Safa Park. The building’s windows offer scenic views of the city and the sea. Safa One is surrounded by Dubai’s most popular neighborhoods, such as the Burj area with its world-famous landmarks, Business Bay with the renowned Dubai skyscrapers, and the timeless Jumeirah. The city’s entertainment venues, as well as Jumeirah Beach, are a few minutes away from Safa One.
Safa One offers buyers a choice of opulent 1, 2, and 3-bedroom apartments, some of which open onto a private swimming pool. All residents of the tower will have access to an unparalleled ecosystem on its top floor in the form of a tropical rain garden. You can relax in a revitalizing and safe tropical forest without setting foot outdoors!
The starting price of apartments is AED 2,033,000. The end of construction is scheduled for the first quarter of 2026. Booking requires a deposit of 15% or more.
Creek Beach Orchid
Only a few steps away from the Creek waterfront, the Orchid project provides its residents with the best conditions for relaxed riverside living. It has numerous amenities, shopping, and entertainment venues for family living.
Real estate in Creek Beach Orchid is represented by exquisitely designed 1 to 3-bedroom apartments. This residential project will be a great choice for those who wish for something other than the Dubai tower. This mid-rise development creates a cozy club atmosphere.
The construction completion date is September 2025. You can secure a unit with only 10% of its value and then pay the balance amount in 10% installments. The prices are available upon request.
Elite Downtown Residence
Elite Downtown Residence is a 29-story building with a collection of 400 impressive apartments. It is located in the Downtown District which boasts the best buildings in Dubai. The lifestyle in Elite Downtown Residence is focused on luxury. Residents can admire the stunning views of the Burj Khalifa and fountains.
The project features fully furnished and fitted apartments, from studios to 3-bedroom residences. This Dubai tower is located near the Burj Khalifa and is 5 minutes away from the Dubai Mall. There are luxurious amenities on the premises, including personal parking.
The starting price of apartments is AED 952,941.
Sobha Crest Grande
New residential projects in Dubai increasingly feature landscaped grounds that are oases of coolness amid the megalopolis. Residents of Crest Grande will be able to walk in a lush park in the Sobha Hartland community with more than 22 ha of green areas. Sobha Crest Grande has good transport connectivity with the city’s other districts due to its location near Ras Al Khor Road and Al Meydan Road.
The project offers all necessary amenities for its residents’ comfortable living, including a gym and a swimming pool on the premises, elite schools, a shopping mall, and numerous restaurants. For everything else, there is the Dubai Downtown nearby.
The 41-story building has 1 to 4-bedroom apartments. The price starts at AED 1,300,000. A two-year 60/40 payment plan is available. The project completion is set for the third quarter of 2025.
Safa Two
Safa Two is a new project by Damac Properties, with studios and 1 to 3-bedroom apartments available for purchase. The high-rise building with sweeping views of Palm Jumeirah Island, Atlantis, and the Burj Khalifa is located on the fringe of the Safa Park and surrounded by lush natural vegetation.
Every detail contributes to a luxurious lifestyle, from the lobby, sparkling with emeralds and diamonds, to the building’s immaculate glazed façade and private gardens on every terrace.
Buyers can select one of the pay-in-installments plans from the developer. The apartment prices start at AED 750,000. The delivery time is Q1 2027.
Address Residences The Bay
Address Residences The Bay is located in the northern part of Emaar Beachfront Island, directly across from Palm Jumeirah, and offers a stunning view of the Dubai waterfront, including the Burj Al Arab. The project features one to three-bedroom apartments with beautiful modern design, open-plan living spaces, master bedrooms with en suite bathrooms, and full-height windows with spectacular views.
These residences are even more prestigious due to a collaboration with The Address brand, which translates to five-star hotel amenities, access to swimming pools, fitness centers, landscaped terraces, as well as a private beach, a yacht marina, a park, and a shopping mall. This is a fantastic property that will make a perfect investment choice or a luxurious home.
The starting price is AED 2.6 million. Pay-in-installments plans are available. The commissioning date is the fourth quarter of 2026.
AVA at Palm Jumeirah
AVA is a unique collection of 17 private residences for those who wish to enjoy effortless living. This residential project is a part of the Emirate’s most elite community.
Each residence is immaculately designed for a serene, luxurious lifestyle. Every level of the 23-story building is fully customized and belongs to a single family that will have access to a private swimming pool on every floor. 3 to 5-bedroom apartments are available.
The prices start at AED 45 million. The commissioning is scheduled for the fourth quarter of 2025.
Six Senses the Palm
Six Senses includes a hotel and signature residences offering a brand-new vision of community living. The concept combines a glamorous lifestyle and communal spaces for communication and sharing ideas.
Residential property will include penthouses, royal penthouses, and duplex Sky Villas. There are also nine beachfront Signature Villas with five bedrooms, each offering a private garden, an infinity swimming pool, and a palm-framed view of the sea. Residents will have a wide range of hotel services and facilities at their disposal, such as a gym, a squash court, a spa salon, a library, conference halls, a children’s club, a beach area, swimming pools, restaurants, bars, and much more.
The prices start at AED 9.4 million. The commissioning date is the fourth quarter of 2024.
Professional assistance
You can receive a consultation on the project of your choice or request a customized selection of properties in new buildings in Dubai with price listings. Start looking for a home in the UAE right now!
