The real estate performance of Dubai is shining due to the exceptional properties including penthouses which offer unparalleled living. The emirate of Dubai offers extravagant penthouses which will not only offer a haven-like living but are located in strategic locations which are undeniably stunning. But, as an international buyer if you want to buy a penthouse in Dubai what will you do? Therefore, this is a comprehensive guide with major tips that are essential for you to know as an international buyer. This guide will also highlight the top penthouse properties in Dubai, which will make your purchasing hassle-free.
Overview of Dubai Penthouses
The real estate market of Dubai remains in the news for dazzling and spectacular penthouses that are breaking records for selling. Further, as highlighted by a news source of Construction Week online recently Kempinski the Boulevard duplex penthouse was sold for a staggering AED 80 million. On the other hand, these luxury homes in Dubai are complemented with airy rooms, balconies, and terraces and provide unimaginable convenience.
Why Luxury Penthouses in Dubai Becoming Famous Among International Buyers
There are various features available in the Penthouse for sale in Dubai that make them a shining gem. The Emirates of Dubai is becoming an opportunity-driven place for international buyers. This is due to strategic location, presence of world-class amenities and excellent infrastructure. Moreover, the penthouses of Dubai are also appealing to foreign buyers due to the no property tax policy. Now, as you are planning to invest in penthouses in Dubai, below are some of the essential tips for you to consider before buying.
Tips for Non-Local Buyers to buy a penthouse in Dubai
Although there are numerous tips which are important to know as a buyer of the penthouse, some of the essentials are discussed below:
1. Explore the Thriving Penthouse Landscape in Dubai
Dubai is a place where you can find unique penthouses each with distinguished features. You need to explore the market comprehensively. The breathtaking locations in Dubai including Downtown Dubai, Dubai Marina and Burj Khalifa district are among the places which may appeal to you. This will help you in finding the best Luxury penthouse in Dubai.
In contrast, if you want to live in a tranquil environment then you can also opt for locations like Dubai Harbour or Dubai Hills. In both cases important thing is to research the penthouse real estate of Dubai initially.
2. Contact a Reputable Real Estate Agent
As the real estate of Dubai is dynamic it is inevitable to take assistance from the experts. Hiring or contacting a credible real estate agent will not only show you the unveiled listings but can offer you support in understanding technicalities.
As an international buyer, you should always look for a real estate agency or agent with a proven record. Through the in-depth knowledge of numerous neighbourhoods, the result would be the purchasing of suitable luxury homes in Dubai.
3. Define your Requirements
Another major tip for you as a non-local buyer is defining the requirements. Neglecting this aspect and jumping on the property selection will lead to the failed property selection. As you may receive loads of information about the amenities or location, this may overwhelm you to define the dream penthouse. Don’t worry just focus on the curated list below to meet your requirements:
- Size and layout
- Entertainment areas nearby
- Commercial area accessibility
- Availability of amenities
- Technology and sustainability-driven residence
While buying your dream penthouse just focus on the above features to help you find the best Penthouse for sale in Dubai that will resonate with your desire. Â
4. Financing Options for Buying
As an international buyer, you may focus on the cash purchase, but there are various financing options available for foreign buyers. You should explore the mortgage options which are offered by international and local banks. Internet rates may be different, so it is best to compare the options and then select the best option.
Top 5 Penthouse in Dubai
Even though there are various available penthouses for sale in Dubai, the top 5 stunning penthouses are:
| Penthouse name | Location | Property Unit Type | Starting price |
| Volante | Business Bay | Half and full-floor units | AED 26M |
| One Palm | Palm Jumeirah | 3, 4 and 5 Bedroom | AED 13M |
| The Address Residence The Blvd | Downtown Dubai | Studio, 1, 2, 3, 4 & 5 Bedrooms | AED 27M |
| Oceana Residences | Palm Jumeirah | 1, 2 and 3-bedroom | AED 36M |
| Elite Residence | Dubai Marina | 4 and 5 bedrooms | AED 22M |
Conclusion
As an international buyer, there are various things you need to consider before buying a luxury penthouse in Dubai. The above four major tips are highly essential and will completely change the process of your buying, by making it easier and information-driven. Each of the above tips is crafted through experience and the analysis of comprehensive information on buying a penthouse. Therefore, using this information will land you in your dream penthouse.
