Address Residences the Bay residential complex in Dubai
Address Residences the Bay is a state-of-the-art development and one of the most promising projects by Emaar Properties, the leader of the emirate's construction industry. The complex offers a collection of apartments ranging from 74 to 183 m2 with 1 to 3 bedrooms. The building features 50 floors and a podium.
The amenities its residents will have access to include:
- a balcony;
- 24-hour security;
- a gym;
- a pool;
- covered parking;
- air conditioning and heating;
- Wi-Fi.
Also, not far from the complex you can find a private beach, a yacht club, a children's playground, restaurants, retail stores and a shopping mall with an area of more than 18,000 m2.
Property in Emaar Beachfront, Dubai, UAE
Thanks to the exemplary reaction of the Emirati government to the spread of the COVID-19 virus, expressed in a timely lockdown and mass vaccination program as well as the introduction of simplified visa procedures, Dubai’s real estate has become one of the most investment-attractive solutions in the world in the past two years. According to the Land Department, in 2021 the local market achieved the following figures:
- the total number of transactions with real estate - 84,772;
- the total value of transactions - more than AED 297 billion;
- the number of investors participating in the transactions - 54,415;
- the number of transactions increased by 65% compared to 2020;
- the cost of real estate has increased by 71% compared to 2020.
A large part of this success belongs to Dubai's up-and-coming locations, offering homeowners a developed infrastructure and convenient location. One such location is Emaar Beachfront, which is close to popular areas of the city and has amenities such as shopping malls, restaurants and yacht clubs.
Properties for sale in Address Residences the Bay
Luxury real estate in the off-plan residential complex Address Residences the Bay attracts attention of foreign investors and property hunters not only with a wide range of amenities, but also with a great value for money. The cost of local apartments varies from AED 2.1 to 6 million. It is not necessary to pay the entire amount at once, as the developer offers a flexible payment plan. Many people decide to buy an apartment in Address Residences the Bay before the project is finished because it will help future property owners not only save a significant amount of money, but also choose a unit with the most convenient layout and location in the building.
