Most Expensive Residential Areas to Live In Dubai
Over the years, Dubai has become one of the major cities that have invited and attracted people from different countries. This is mainly due to the robust infrastructure, upscale localities, and growing business centres. There are several localities in the city that promise a comfortable stay for people. Additionally, the flexible policy of expats by Dubai authorities has made it one of the best residential investment areas. In this article, we have discussed top ten luxury residential localities in Dubai along with the property prices and nearby areas.
10 Luxury Residential Localities in Dubai
1. Al Furjan
Al Furjan is situated across Sheikh Zayed Road which makes it the home to upscale villas to stylish townhouses. The prices in this area can start at around AED 1.5 million for townhouses and go up to AED 5 million or more for larger villas. The community’s meticulously designed infrastructure, well-kept parks, and family-friendly environment contribute to its appeal. Nearby areas like Discovery Gardens and Jebel Ali offer slightly more affordable options, making it an attractive choice for families and professionals.
2. MBR Al Maktoum City
This ultra-luxurious locality within Mohammed Bin Rashid Al Maktoum City features some of the most expensive real estate in Dubai. You can expect to find opulent villas and apartments with prices ranging from AED 3 million to well over AED 20 million, depending on the size and location. Its exclusivity, world-class amenities, and proximity to key areas like Dubai Mall and Downtown Dubai make it a sought-after address for high-net-worth individuals.
3. Mina Rashid
Mina Rashid’s waterfront properties come with premium price tags. Luxury apartments in this area may start at around AED 2.5 million and can go up to AED 10 million or more, depending on factors like size and views. The appeal of living along the historic Dubai Creek, combined with the area’s proximity to Deira and the cultural attractions of Al Fahidi, make it a luxurious and unique choice.
4. Dubai Marina
Dubai Marina, a well-established luxury hub, offers a wide range of property options. Prices for high-end apartments and penthouses in this area typically start at AED 1.5 million and can exceed AED 10 million, depending on factors like floor, view, and amenities. The allure of marina views, a vibrant lifestyle, and easy access to the Jumeirah Beach Residence (JBR) beachfront make it a popular choice among expatriates and upscale urbanites.
5. Downtown Dubai
Downtown Dubai is the epitome of luxury living in the heart of the city. It’s renowned for the world’s tallest building, the Burj Khalifa, as well as the extravagant lifestyle it offers. Luxury apartments and penthouses here start at around AED 2 million and can go well beyond AED 30 million for exclusive properties. Adjacent to Downtown Dubai are Business Bay and DIFC, which are hubs for upscale commerce and residences, further enhancing the convenience and opulence of this area.
6. The Palm Jumeirah
The Palm Jumeirah is an iconic, man-made island that exudes extravagance. It features lavish beachfront villas and apartments with breathtaking sea views. Property prices on this luxurious island start at approximately AED 3 million and can soar to over AED 100 million for opulent villas. Nearby, you’ll find Dubai Marina and Jumeirah Beach Residence (JBR), offering additional high-end dining and entertainment options.
7. Business Bay
Business Bay is a modern, upscale district that seamlessly blends commercial and residential spaces. Its skyline boasts sleek skyscrapers and luxurious apartments. Property prices here typically commence at around AED 1.5 million and reach up to AED 10 million or more for premium units. Downtown Dubai and DIFC are neighbouring areas, granting residents access to world-class shopping, dining, and business facilities.
8. Mirdif Dubai
Mirdif offers an upscale suburban oasis with spacious villas and townhouses, making it a favoured choice for families seeking tranquillity. Property prices in Mirdif range from AED 1.5 million to AED 4 million. The community is conveniently close to Dubai Festival City and Al Warqa, providing shopping and leisure opportunities, and adding to its allure.
9. Bur Dubai
Bur Dubai combines a rich historical heritage with modern luxury. It features a mix of upscale and more affordable properties, with luxury apartments typically priced from AED 1.5 million to AED 7 million or more. The district is adjacent to Deira, renowned for its vibrant souks and cultural attractions, allowing residents to enjoy the best of both worlds.
10. Al Barsha
Al Barsha offers a diverse selection of upscale villas and apartments, catering to various preferences. Property prices in Al Barsha start at around AED 1 million and can extend to AED 8 million or more. The neighbourhood’s accessibility and proximity to the Mall of the Emirates, with its luxury shopping and unique Ski Dubai attraction, enhance its desirability. Neighbouring areas like Jumeirah and Dubai Sports City further enrich the leisure and recreational options available to residents.
FAQs
- What is the poshest residential area in Dubai?
Ans. Dubai Marina, Downtown Dubai, and MBR Al Maktoum City are some of the poshest residential areas in Dubai.
- What are the best luxury communities in Dubai?
Ans. Downtown Dubai, Jumeirah Beach Residence, Jumeirah Lake Towers (JLT), and Jumeirah Islands are the best luxury communities in Dubai.
- Where do rich Indians live in Dubai?
Ans. Dubai Marina, Mina Rashid and Al Furjan are some popular areas for rich Indians in Dubai.
- Where do most millionaires live in Dubai?
Ans. The Palm Jumeirah, Downtown Dubai and Mirdif Dubai are some popular residential localities in millionaires.
- Where do millionaires go in Dubai?
Ans. Emirates Hills, Business Bay and Al Barsha are some posh residential localities for millionaires.
