Redefining luxury living, a penthouse is an apartment unit, which is usually tucked on the uppermost floors of a building. These dwellings are laced with modern amenities and ultra-luxury features.
A huge number of people visit the UAE every year to settle here. Latest residential developments are being launched by top developers to cater to their residential needs. Most residential buildings located in the country, particularly the latest ones, have units reserved for penthouses. They are bigger in size and offer expansive views. Therefore, they are ranked among the most expensive residential properties in the country.
Another added advantage of living in a penthouse is that it remains protected against noise pollution. Since these units are nestled on the higher floors, residents do not get disturbed by hullabaloo even during the rush hours. Furthermore, depending on the location, you can enjoy the panoramic views of the area.
In the UAE, you can explore penthouses for sale in three categories; furnished, semi-furnished and unfurnished. If you want to add an element of personalisation in your living space with your choice of furniture and appliances, look for unfurnished penthouses for sale in UAE. However, if you don’t want to go through the troubles of buying furniture or appliances, you can opt for a furnished unit.
Another way penthouse, in the UAE, differs is their configuration. Generally, you can sort through offers for:
1 bedroom penthouses for sale in UAE
2 bedroom penthouses for sale in UAE
3 bedroom penthouses for sale in UAE
4 bedroom penthouses for sale in UAE
5 bedroom penthouses for sale in UAE
Popular Cities for Penthouses for Sale in the UAE
Almost all major cities in the UAE have offers for luxury penthouses for sale. However, you must select the one where your workplace or business is located.
If you are buying a penthouse as an investment, take into account the ROI factor. Offers for penthouses for sale in Dubai usually grab maximum eyeballs, as most people prefer this city for their residence. However, Abu Dhabi is also catching up in terms of the growth of the real estate sector. However, buying a penthouse in this city can also lead to profitable outcomes. Ras Al Khaimah is another city where you can look for luxury penthouses with spectacular sea views.
Apart from views and purpose, also consider your budget when selecting the city. If you are looking for comparatively inexpensive ones, settle for Ras Al Khaimah.
Price Trends for Penthouses for Sale in the UAE
Penthouses are known for the lavish lifestyle they offer. So, for those who look for a luxury lifestyle, while enjoying a communal lifestyle in a residential building, a penthouse is their preferred choice. The type of residential property is popular both among locals and ex-pats in the UAE.
With more residential buildings launched by top developers, it is safe to say that price trends for penthouses for sale in UAE are expected to stay stable. This makes it suitable for both investors and buyers.
The price of penthouses depends on numerous factors. These include:
Location (City and neighbourhood)
Views (Sea-Facing are expensive)
Configuration (The number of rooms)
Facilities (The more the facilities, the higher the rates)
Steps to Buy a Penthouse in the UAE
Take a look at the steps you must go through to buy a penthouse in the UAE:
Be Clear with Your Requirements
Before starting the process, it’s recommended to be absolutely clear with your requirements. In simple words, you must set a budget and decide the location (city and neighbourhood). Other than that, also finalise the number of rooms and other amenities you want in your unit.
Once you have finalised the basic details, it’s time to explore listings. Visit Zoom Property’s portal for this purpose. We have the most sought-after listings for luxury penthouses for sale in UAE. You can sort these listings by applying different filters.
Have Virtual Tours
Virtual tours have vastly made things easier for not only buyers but sellers as well. Buyers can now take a glimpse of the property without having to visit it. Sellers, on the other hand, do not have to deal with buyers who are not interested in buying the property.
Inspect Selected Penthouses
After you have taken the virtual tour of the property and if it suits your needs, proceed to the next step, which is to inspect it. Be very attentive and observant during the inspection. It’s best to hire the services of a professional. They can identify and locate flaws in a property, which you may not be able to do.
Look for Amenities and Facilities
As stated above, amenities and facilities combined make for a major reason why most people prefer a penthouse over simple apartments. Therefore, don’t neglect this aspect of the penthouse you want to buy. Ensure the rooms are spacious and airy. Furthermore, the building should have advanced security measures with CCTV cameras installed. There should be ample parking space and other modern facilities such as a gymnasium, swimming pool, outdoor deck etc.
Reserve the Property
The last step is to reserve the penthouse under your name. This step, again, deserves a lot of attention and due diligence. Keep your emirates ID and passport with you. Also, ensure your finances are ready as you will have to make the down payment.