Starting Price from
Available Units
Area from (sq. ft.)
Handover
Set to change the famous Downtown Dubai skyline, St. Regis The Residences is a highly-anticipated residential project by one of the leading master developers worldwide, Emaar Properties. According to the master plan, the luxury development, launched in Q1 2022, will consist of two 40-storey towers, with a total of 402 ultra-refined residences. 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. It is worth noting that the second high-rise tower of St. Regis The Residences will house exclusively 1 and 2-bedroom units. The entire development is strictly residential and will not feature a hotel, although all residences will have access to 5* star hotel style services and amenities.Designed in chic pastel tones, the apartments in St. Regis The Residences range in size from 791 sq. ft to 1,410 sq. ft. Besides the generous living and dining spaces, homeowners and tenants of almost all properties will be able to benefit from 1 or 2 balconies of 71 sq. ft to 356 sq. ft. As mentioned above, all residents of St. Regis The Residences will be treated to bespoke 5-star St. Regis hotel services, which aim to go above and beyond to meet their requirements, at any time of the day or night. Each apartment will have 1 allocated parking space, as per RERA requirements.Backed by the leading ultra-luxury hospitality brand, St. Regis, the newly released development will offer an expansive selection of premium amenities. To begin with, there will be a gorgeous grand lobby, which is a signature feature of all St. Regis hotels worldwide, spanning across 3 levels, with a stunning staircase. The starting price for a 1-bedroom apartment of 791 sq. ft in St. Regis The Residences constitutes AED 2.15M (USD 585K), with a service charge of AED 20–22 (USD 5.45–5.99) per sq. ft. If you are interested in investing in properties in this area, you can check the upscale Opera Grand development by Emaar as well, which also offers 1-3 bedroom apartments, with high levels of privacy and instant connectivity to Emaar’s underground tunnel access system.Not forgetting the ultimate leisure, entertainment and business facilities, which include, but are not limited to:
Library
Spa room
Cognac room
Drawing room
Office space
Gym
F&B venues
| Date | Percentage |
|---|---|
| Down Paymentin February 2022 | 10% |
| 1-st Instalmentin May 2022 | 10% |
| 2-nd Instalmentin November 2022 | 10% |
| 3-rd Instalmentin May 2023 | 5% |
| 4-th Instalmentin November 2023 | 10% |
| 5-th Instalmentin May 2024 | 10% |
| 6-th Instalmentin November 2024 | 5% |
| 7-th Instalmentin May 2025 | 5% |
| 8-th Instalmentin November 2025 | 5% |
| On Handover | % |
Location
Status of Project
Available Units
Total Amount of Units
Developer
Type of Project
Area from
Payment Plan
Surrounded by high-end boutique outlets, luxury hotels and luscious leafy spaces, St. Regis is set to become part of the sought-after Opera District in Downtown Dubai, alongside Forte, Il Primo, Burj Crown and The Address Residences, just to name a few. That being said, the long-awaited residential development boasts close proximity to the major highways of Dubai, including the Sheikh Zayed Road and Al Safa Street, ensuring an easy commute to more of the city’s most popular areas. Iconic destinations, such as Business Bay, Za’abeel, Nad Al Sheba and Dubai Festival City, among others, are accessible within just 15 minutes.
Furthermore, the public transport infrastructure is excellent in the surrounding area of St. Regis The Residences, with plenty of bus links and metro stations, located less than a 20-minute walk away:
Burj Khalifa/Dubai Mall Metro Station
Business Bay Metro Station
8 Boulevard Walk Tower 1
8 Boulevard Walk Tower 2
The Dubai Mall Bus Station
It will take around the same amount of time, or even less, to reach a number of essential facilities, including supermarkets, pharmacies, medical centers, ATMs and electric charging stations. These are as follows:
Set just a 20-minute drive away from Dubai International Airport, St. Regis Residences is a perfect option not only for residential use but also for short-term rentals, the demand for which are on the rise, amidst the Expo 2020 world fair. That being said, in similar developments in this area, the starting weekly rental price is as high as AED 14K (USD 3.8K), per day this amounts to AED 600 (USD 165) at least. Downtown Dubai, alongside Business Bay will become the centralized destination of Dubai’s thriving financial hub, and as per the 2040 Dubai Urban Master Plan, properties in this area, such as St. Regis Residences are expected to witness a spike in demand for both short-term rentals and long-term leases among business professionals and entrepreneurs. The location of the newly launched building is unique since it will occupy the last available plot next to the Burj Khalifa, The Dubai Mall and The Dubai Fountains. Another strong point of St. Regis Residences is that it will be set in the Opera District, as we have already mentioned. Upon the completion of the area, the super-luxury residential project will be surrounded by a museum, 2 art-themed hotels, design studios and galleries, besides waterfront promenades and a retail plaza, which are set to attract even more tourists to the area.
Copyright © Property Concierge Ltd. All Rights Reserved.
