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Buying

Buy a Luxury Apartment in Dubai

Dubai's luxury segment leads the world. Branded residences by Bulgari, Four Seasons and Dorchester Collection, penthouses with private pools and apartments with butler service, the selection surpasses cities such as London, New York and Monaco on value for money.

By the Augusta Properties team in Dubai

What makes luxury property in Dubai exceptional?

Luxury apartments in Dubai offer amenities rarely found elsewhere: infinity pools on the 50th floor, private beaches, concierge services on a par with five-star hotels, valet parking and extensive spa and fitness facilities. Finishing standards are exceptional, with Italian marble, Gaggenau or Miele kitchens, Duravit bathrooms and fully integrated home automation.

Branded residences, apartments affiliated with an international hotel brand, form a category of their own. Residents of The Dorchester Collection in Business Bay or the Bulgari Resort on Jumeirah Bay Island enjoy hotel services such as housekeeping, room service, private dining and access to the adjoining hotel and restaurant.

Prime locations for luxury apartments

Palm Jumeirah remains the most iconic luxury address, with projects such as Atlantis The Royal Residences (Kerzner International), One Palm by Omniyat and FIVE Palm Jumeirah. Downtown Dubai offers luxury in the shadow of the Burj Khalifa, with towers such as The Address Sky View, IL Primo and Burj Vista.

Dubai Marina and Bluewaters Island combine spectacular sea views with a cosmopolitan environment. Emaar Beachfront, a relatively new island off the coast of Dubai Marina, positions itself as a premium beachfront destination with towers such as Beach Vista and Sunrise Bay.

At the very top of the market, Jumeirah Bay Island is the definitive address, home to the Bulgari Lighthouse and exclusive villa residences that can reach AED 300,000,000.

Branded residences: living as in a five-star hotel

Dubai has more branded residences than any other city in the world. These projects combine property ownership with hotel services and brand prestige. Popular brands include Address Hotels (Emaar), Vida (Emaar), W Hotels, St. Regis, Six Senses, Armani and Baccarat.

The advantages are considerable: professional maintenance of your unit, access to hotel amenities, and the option to place your apartment in a hotel pool when you are not using it yourself. Branded residences typically hold their value better than non-branded luxury apartments and attract an international buyer audience.

Capital growth in the luxury segment

Dubai's luxury segment has delivered above-average price growth in recent years. Apartments on Palm Jumeirah have risen 40–60% in value since 2021, driven by growing demand from Europe, India and the Middle East. The average price per square foot on the Palm rose from AED 1,800 in 2021 to more than AED 2,800 in 2024.

This trend is supported by the limited supply of truly prime locations and the growing number of wealthy individuals choosing Dubai as their home. The city welcomes thousands of high-net-worth individuals every year, drawn by the tax environment, the safety and the lifestyle.

Our services in the luxury segment

Augusta Properties, part of Augusta Properties Brokerage LLC (RERA licence 52101), provides a confidential, bespoke service for the luxury segment. We have access to off-market properties that are never publicly listed and maintain direct relationships with the leading developers.

Our advisers accompany you personally at every stage: from initial orientation and private viewings to legal structuring, the Golden Visa application and interior fit-out by specialist partners. Discretion and personal attention are central to everything we do.

Questions

Frequently asked

What does a luxury apartment in Dubai cost?

The luxury segment starts at around AED 3,000,000 (approx. EUR 750,000) for a spacious 2-bedroom apartment in a prime location. Branded residences start from AED 5,000,000 and penthouses from AED 10,000,000. The most expensive penthouses in Downtown and on Palm Jumeirah exceed AED 100,000,000.

Are luxury apartments a sound investment?

Yes. Rental yields in the luxury segment range between 3% and 5% net, lower than the mid-market, but capital growth has historically been stronger. Luxury apartments also attract affluent tenants who sign longer leases and maintain the property well.

What exactly are branded residences?

Branded residences are apartments affiliated with an international hotel or lifestyle brand. You own the apartment and gain access to the brand's services: housekeeping, concierge, room service, spa and fitness. The brand manages the communal areas and guarantees a defined standard of service.

Can I buy my luxury apartment through a corporate structure?

Yes, many buyers in the luxury segment choose to purchase through an LLC or offshore structure. This can offer advantages in terms of privacy, succession planning and tax structuring. We work with specialist legal partners who can advise you on this.

How do Dubai's luxury prices compare with other world cities?

Dubai offers considerably more space and quality per euro invested than London, Paris, Monaco or Hong Kong. An AED 10,000,000 apartment in Dubai typically delivers 200–300 sqm, where the same amount buys 50–80 sqm in Monaco or London. On top of that, Dubai levies no income tax or wealth tax.

Considered advice, for your situation

Tell us what you are considering, and an adviser from our team in Dubai will respond with figures prepared for your circumstances.