The best apartments in The Address Residence Dubai Opera are already sold to eager investors with sound knowledge of the Dubai property market, who use the services of well experienced brokers. Of course, the units with Burj Khalifa and Dubai Fountain view are most sought by investors and if you are late, you can already find a few units on the secondary market. In all cases, you are looking to invest in apartments in The Address Residence Dubai Opera, email here for an expert advise.
Prices for one bedroom apartments start at around 2 million Dirhams, while two bedroom units are offered for around 3 million and above. Apartments with Burj Khalifa and Dubai Fountain views are selling for higher prices, of course.
The project, located close to Burj Khalifa, the world’s tallest tower, and Burj Lake, will consist of 65-storey residential tower and a 55-storey hotel/serviced apartment tower. Each of the towers will have gross floor space of nearly 590,000 square feet.
The location is extremely attractive as it is right to the Opera house, which will be completed in 2016, while the concept is award winning and already proven with the launch of the rest of The Address managed properties.
Although the The Address Residence Dubai Opera will be completed in July 2020, the payment plan is very attractive for investors, while the return on investment is very than promising.
Emaar reported a 16 per cent increase in its nine-month 2015 net profits of Dh3.048 billion, compared to Dh2.622 billion during the same period in 2014. Revenues for period stood at Dh9.849 billion, up 25 per cent over the same period last year at Dh7.888 billion. During the past few years, the developer’s highest revenues are coming from its hospitality and retail projects.