As an ever-increasing multinational workforce migrates to the UAE each year to pursue their careers in a multicultural open city, it's easy to see why penthouses for sale in the UAE are prevalent. the UAE is one of the few densely-populated megacities without a housing scarcity.
With 39282 properties for sale in the UAE on houza.com, spread out across popular neighborhoods such as API Arjan Two, Bur Dubai, Dubai Healthcare City 2, Wadi Al Safa 2 & Mudon.
Potential property owners can choose from various housing types in the city: hotel apartment, compound, labour camp, townhouse, land, villa, penthouse, full floor, full building, half floor, apartment.
Top Considerations when looking for penthouses for Sale in the UAE
Every property seeker searching for penthouses for sale in the UAE has their own set of preferences and a wish list for their future home. And many of them can find what they're looking for in the UAE's numerous districts and neighborhoods. There are other variables you need to consider when looking to buy penthouses in the UAE, particularly if you have your family with you.
Top Neighborhoods for buying and investing in the UAE
Based on December engagement data on houza.com, we have put together a top list of the most popular neighborhoods property seekers consider finding penthouses for Sale in the UAE.
When it comes to finding penthouses for Sale in the UAE, the top most popular neighborhoods are: Al Safa, Mina Rashid, Umm Suqeim, Al Furjan, Dubai Production City (IMPZ), Downtown Dubai, Zabeel, Jumeirah Lake Towers, Saadiyat Island, The Hills.
Penthouses Sale Prices in Emirate
The first step in your search for penthouses is establishing your budget. Most home buyers make the mistake of loving a property, only to learn later that their budget isn't enough to buy it.
Houza is the first property portal in the UAE to introduce transactional and trend data directly for consumers with the launch of The Price Widget; a tool which sits on houza.com when property seekers are browsing for properties. The Widget includes average price per square foot on a community, building and bedroom level, as well as % changes MoM for these areas. The feature is powered by transactional sales data and listing rental data provided from Reidin Data Analytics.
The average price of a 5 bedroom penthouse for sale in the UAE is 72,455,540 AED. The most affordable unit on houza is located in Dubai Production City (IMPZ), while the highest priced unit is located in Palm Jumeirah
Tips on finding your dream penthouses for Sale in the UAE on houza.com
Finding penthouses for sale on houza.com is easy. We offer residential listings, images, floorplans, and even virtual tours. We provide a streamlined preliminary search process that enables you to select results based on your search parameters. The search criteria include property type (apartment, villa, townhouse, penthouse, land, complete building, hotel apartment). These are the basics, however houza offers you so much more:
Penthouses Exclusive on houza.com
houza.com has roughly 61,000 residential and commercial properties including complete floorplans, duplexes, and entire buildings from the emirate's top agencies. Houza gives users exclusive content, with select properties released on the portal before they hit the general market. This gives investors, purchasers, and renters access to in-demand properties first. Click here to discover Exclusive penthouses for sale in the UAE only on houza.com
Houza is unique among real estate property sites in that it is a challenger. It is not a direct challenge to other property portals but rather to the real estate space. Houza's cornerstones are quality, exclusivity, and data. People talk a lot about the quality and validating listings, but no one is delivering on it, which frustrates property seekers.
At the moment, houza has around 220 to 230 agencies on board, which provides us with enough content that genuinely focuses on higher quality. These are real people that pick up the phone when you need answers, as well as agencies that give 360-degree tours and capture high-quality images, all of which help to provide excellent customer service.
No Scam, No Stress
Houza is the first agent-backed, full-service property portal that offers buyers and investors a streamlined search solution that includes the most current penthouses for sale in the UAE, community updates, and tailored content. The company also employs a strong emphasis on fighting the problem of fake listings. Guests to houza.com can be confident that all the penthouses for sale in the UAE they see are real and available.
Houza is committed to the highest quality content standards, eliminating bogus listings and prevalent sticking points to deliver a data-driven experience that helps buy, sell, or rent a property. Many of the most prominent commercial and consumer realtors and agencies are partners with houza, such as Allsopp & Allsopp, CORE Real Estate, LuxuryProperty.com, and Linda's Real Estate.
Renting an Apartment in Dubai: A Good Alternative
While the aspiration to buy penthouses in the UAE is great, it is a bigger investment. Renting penthouses in the UAE is a good alternative if you're staying in the UAE for an extended period. Renting implies a short commitment, which is perfect for expats and workers who are still unsure if they want to live in the UAE permanently. Renting a flat also provides flexibility. Penthouses for rent in the UAE, like penthouses for sale, come in a variety of styles: economical, middle-class, luxurious, studio-type, two-bedroom, and more.
Whether you rent or buy penthouses in the UAE, you will benefit a lot from the emirate's stable real estate market. To help you with your the UAE penthouses search, check out our listing of penthouses for sale & rent in the UAE.