Overview

Property Description

St. Regis The Residences is a highly anticipated residential project by Emaar Properties, one of the world's leading master developers. A total of 402 ultra-refined residences will be available in the luxury development, which will be launched in Q1 2022, according to the master plan.. In particular, prospective real estate investors and end-users have the opportunity to choose from an exquisite selection of serviced 1, 2 and 3-bedroom apartments, overlooking the iconic Burj Khalifa, the Dubai Fountain, and the Dubai Opera. In St. Regis The Residences, the second tower will be exclusively home to 1- and 2-bedroom units.. Although all residences will have access to hotel-style amenities and services, the entire development is strictly residential. Designed in chic pastel tones, St. Regis The Residences apartments range in size from 791 sq. ft. to 1,410 sq. ft. In addition to the generous living and dining areas, most properties will have a balcony measuring 71 to 356 square feet. As mentioned above, all residents of St. Regis The Residences will be treated to bespoke 5-star St. In compliance with RERA, each apartment will have 1 allocated parking space, which goes above and beyond to meet their needs. St. Regis The Residences offers 1-bedroom apartments starting at AED 2.15M (USD 585K) with a service charge of AED 20–22 (USD 5.45–5.99) per square foot. Additionally, you can also check out Emaar's upscale Opera Grand development, which offers 1-3 bedroom apartments with high levels of privacy and instant access to Emaar's underground tunnel system. *Prices are valid for 2022 St. Regis Residences is located just 20 minutes away from Dubai International Airport and is ideal for both residential use and short-term rentals, which are on the rise as the Expo 2020 world fair approaches. As a result, in similar developments in this area, starting weekly rental prices are as high as AED 14K (USD 3.8K), and daily rents are at least AED 600 (USD 165). In accordance with the 2040 Dubai Urban Master Plan, properties such as St. Regis Residences will become the centralized destination for Dubai's thriving financial hub, alongside Business Bay. Business professionals and entrepreneurs are expected to increase their demand for short-term and long-term rentals at the St. Regis Residences.. A unique feature of the newly launched building is that it occupies the last available plot next to the Burj Khalifa, the Dubai Mall, and the Dubai Fountains. St. Regis Residences will also be located in the Opera District, which is another strong point. There will be a museum, two art-themed hotels, design studios and galleries around the super-luxury residential project after it is completed, along with waterfront promenades and a retail plaza, which will make the area even more appealing to tourists. Business Bay properties continue to increase in value, so when you resell an apartment, you will make money. For instance, the average price per square foot increased 9.3% in 2021, compared to 2020, according to ValuStrat Price Index UAE. A 4% DLD Waiver is available to prospective buyers at St. Regis The Residences, which further adds to the appeal of the purchase. Real estate investors can also purchase three or more apartments as well as three or more full floors per person. Each floor has a total area of 13,000 square feet and can accommodate up to 12 apartments.. Our real estate agents can provide you with more information on the availability of units and the purchase conditions.