Top 4 twin tower properties in Dubai breaking transactional records

  • Primo Capital
  • March 20 2024

Dubai property market is renowned for its diversity and for its finest architecture. It has a variety of infrastructure that is not only sustainable but is highly modern and equipped with luxury and exclusive service for the residents. In the construction of the Twin Towers also, Dubai is not behind and has various twin tower structures that provide stunning views. Here is the list of the top four twin-tower properties in Dubai that have broken the transaction record. Let’s dive to get more information on this interesting topic.

Top 4 projects in Dubai scoring whopping transactions

Following are the projects that are made with twin tower structures, boosting unparalleled views & conveniences like no other

Elitz

Elitz twin tower properties in Dubai

First on the list is none other than the Dubai twin tower project Elitz. The outstanding twin tower structure was recently launched by the private development of Dubai Danube Properties. The price of the mesmerising twin tower at its launch was a whopping Dhs 550 M which was all sold out on its launch day.

One of the many unique aspects of the Elitz Twin Tower is that the investors and buyers who snagged this property were considering the space in which it will be developed. The project will be developed on a 36,930 sq. ft. plot on the prime location of Jumeirah Village Circle (JVC). The overall area of built-up is 695,000 sq. ft.

This twin tower property of Dubai which has surpassed the threshold of selling, by going completely sold out on its launch, will offer ultra-convenience as on completion it will be connected with the podium complex that houses parking for the car, 284 retail units and community facilities. If you are also astonished by the facts of this property you can also buy property in Dubai’s project Elitz.

Baccarat Hotel & Residence

Baccarat Residence twin tower properties in Dubai

The second number is also one of the Twin Tower properties of Dubai that has recorded ground breaking sales, even before its launch. The marvel having the record of record-breaking sale of AED 203 M is Baccarat Residences by Shamal Holding. It is one of the best property investments in Dubai as it is highly profitable. The record was broken in February of recent year 2023 when 5-bedroom apartments were sold for 160.3 M dirhams, as highlighted by Dubai land records.

Baccarat Hotel and Residence will adorn the skyline of Dubai in the year 2026, offering entrée in a unique lifestyle. This property that has broken the record of selling will provide an extraordinary interior creating an orchestra of light and life.

The brand that is set to open in 2026 will offer a blend of rich heritage and experience of ultra-luxury residences for the people. In the Downtown of Dubai, Shamal Holding is committed to providing extraordinary and exclusive service for the investment.

One Za'abeel One&Only

One Za'abeel twin tower properties in Dubai

The third on the list is the property which has an unusual design and has a Guinness World Book record for this. The twin tower is One Za'abeel One&Only which made the world record for the world’s longest cantilevered building. The property will feature 264 apartments and 94 private units.

Only 94 private houses are currently available for sale, due to the high demand and interest of the investors. The prices are high due to the premium location of the project. A 1,1,50 square foot 1 Bed apartment has a price of Dh 3.9 million Dirham, followed by a two bedroom apartment of Dh 5.5 M.

One Za'abeel One&Only offers prestigious living for the occupants represents the next-generation of luxury living and is one of the best property investments in Dubai. In the case proximity of the project, there are iconic landmarks including Burj-Khalifa, Emirates Towers and Zabeel Park which allow the residents to stretch their views from their houses.

Oceanz

Oceanz twin tower properties in Dubai

The fourth on the list is Oceanz by Danube Properties. The project has also remained groundbreaking as on its launch Dh 2.5 billion project was sold out. One of the two towers of the project was sold due to the intense demand for the Dubai property. If you want to buy property in Dubai, this project is one of the best options available.

The project of Oceanz delivers excellence for local and foreign residents and investors. The tower has 500 units. The real-estate business is built on trust, and the massive number of residents and investors attracted towards buying the property, indicated that the public is trusting the property developer in Dubai. Rizwan Sajan the founder and chairman of Danube Group provided his view about the Oceanz project's success and highlighted that the Oceanz project's success is due to the strong project implementation and planning.

The project will be completed in Q1 2027 and will reach 51 floors with a six-level podium filled with community facilities and car parking. There will be 44 floors and residential properties in the Oceanz Twin Tower.

Conclusion

From the above analysis of the top four twin tower properties in Dubai breaking the selling record, it is evident that Dubai properties are full of potential. The properties that are completed or in the process of completion both give the same result which is profit. Each of the four mentioned twin tower properties of Dubai including Elitz, Baccarat Residence, One Za'abeel One&Only and Oceanz proved successful as all the properties broke the selling records and most of these were partially completely sold out on their launch. Therefore it is evident that the properties in Dubai are profitable for buying and selling not only for the residents or investors but also for the foreigner. 

 

 



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