Regalia (Business Bay) by Deyaar
One of the major Dubai developers presented the residential project that will be located in the metropolis center. Regalia will take its rightful place in the architectural city landscape. Besides, it is located in a free zone. Therefore, the real estate purchase in Regalia is available for foreign citizens. At the market launch, there is a wide selection of flats, apartments and penthouses. The object can be considered as a profitable investment in Dubai real estate or a place for permanent residence.
About Regalia
The price is USD 272,500,000. The residential project is supposed to have 70 floors and about 900 apartments. The project commission is scheduled for 2024. The skyscraper is positioned as a symbol of luxury. It should become as popular as other flagship projects in the area, such as Downtown Burj Dubai and Downtown Dubai. Although, the skyscraper is inferior to one of the tallest buildings in the world, it can become as popular as Burj Khalifa.
To buy an apartment in Regalia
The developer, who received a net profit of more than USD 4,000,000 in the first quarter of 2021, offers apartments in a new residential project both for those who want to invest money in the United Arab Emirates and those who are planning to move to permanent residence. The real estate will be designed with modern technologies that provide comfortable life.
Types of apartments in Regalia
The skyscraper has several plan options that differ in the number of rooms and area:
- Studio apartments of 40 sq. m with a spacious balcony.
- One-bedroom apartments of 63 sq. m with a balcony of 5 sq. m.
- Two-bedroom apartments of 116 sq. m.
- Three-bedroom apartments of 155 sq. m. which a spacious balcony of 19 sq. m.
There are luxury penthouses on the top floor. Panoramic view provides comfortable life.
Prices for apartments
The price is from USD 178,000 to USD 618,000 for a three-room apartment. The price includes modern kitchen equipment.
ROI in Regalia
Three reasons to invest in Regalia real estate:
- Location in the center of Dubai.
- Modern development projects that are in great demand.
- Buy-to-let apartments bring up to 6% per annum in the metropolis. In Business Bay, which is the business center of the metropolis, this rate increases up to 7.5%.
Investments in Regalia are attractive. By the time the skyscraper is commissioned, its real estate increases in price.
Useful information about Regalia
The residential project has a favorable location, spectacular design and a spacious territory. It has 24-hour video surveillance. Besides, there is a gym, swimming pools and a sauna on the territory. There is also a play area, an outdoor cinema, a tennis court, halls for yoga and aerobics studios.
Architecture
This place is presented in a modern style. The feature is panoramic windows. The concept provides for maximum comfort. The podium area, which is more than 1300 sq. m., has everything you need for the rest. A parking space is provided for each apartment.
Design and interior
The flats are being sold in a fine finish. Investment property in Dubai is being commissioned with furniture. Household appliances, such as oven, exhaust hood, refrigerator, and washing machine, are installed in the kitchen.
Infrastructure in Regalia
Business Bay is often compared to Manhattan in America. There is an active pace of life and a wide variety of residential projects, commercial properties, shopping malls and entertainment establishments. The real estate in the area is popular and in great demand among buyers and investors.
Shopping malls
The world-famous Dubai Mall and extremely popular Burj Khalifa are a 10-minute drive away.
Hotels
There are several five-star hotels in the area, such as Steigenberger Hotel, Radisson Blu Hotel Waterfront and JW Marriott Marquis Hotel. The latter is one of the highest in the world. Moreover, the hotels are equipped with swimming pools, restaurants and conference rooms.
Transport
There are no difficulties with transport. Business Bay and Burj Khalifa underground stations are located in 10 minutes from the residential estate. What’s more, it is near the major area highways: Al-Hail Highway and Sheikh Zayed Highway. You can use both your own rental car to move around here. It is possible to rent a car in Regalia. A similar service is provided by many companies in Dubai. All you need to rent a car is an International Driving Permit (IDP).
Restaurants, bars and cafes
There are lots of restaurants in Business Bay. It features the splendid national cuisines:
- Tong Thai is a place, where you can taste traditional Thai dishes.
- Izakaya is a restaurant with a Japanese menu.
- Kitchen 6 is a famous restaurant, which mixes 6 national cuisines.
Supermarkets and grocery stores
There are various shops in the community. West Fresh Zone Supermarket is located next to Mayfair Towers. Al Maya is open in Clover Bay Tower. In addition, there are several Zoom Mini-markets.
Beaches near Regalia
La Mer Beach is 10-minutes away from the community. Dubai Marina area with comfortable beaches is a bit far from Business Bay.
Religious buildings
There are no religious institutions in the community. The largest mosque, Jumeirah, is a 15-minute drive away, while Al-Garouf and Burj Khalifa mosques are located in the neighboring communities. The Orthodox Church of St. Philip the Apostle is located in Sharjah.
Educational institutions and kindergartens
Hummingbird Nursery and several other preschool centers are in close proximity. Heartland International School and North London Collegiate School are located nearby.
Health care
Emirates Hospital Clinic is located in Business Bay. You can undergo laboratory tests and get advice from qualified specialists at Medcare Hospital in Al Safa, as well as at Emirates Hospital, located in Jumeirah. It is just in a 15-minute drive away.
We will help you buy a property for investment in Regalia
In the catalog of our real estate agency, you can get acquainted in detail with development plans and choose apartments in Regalia. Hurry up to choose the appropriate option.
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