Residential complex Regalia Apartments in Dubai
A new premium residential complex, Regalia Apartments, is being built in the prestigious Business Bay area. The reputable developer of the project is Deyaar. The 70-storey tower, 331 metres high, will coexist with luxurious 5-star hotels from the SLS and Paramount brands.
The residential complex will feature numerous properties: studios, apartments with 1-3 bedrooms, duplexes and exclusive penthouses.
The total area of the residences will vary from 40 to 407 square metres.
Residents and guests of the new complex will be greeted by a large, elegant lobby with seating areas. The building also has a separate lounge area with panoramic windows and access to an open terrace.
On a large open area of 1360 square metres will be various recreation and leisure areas with the following amenities:
- large infinity pool;
- area with sun loungers;
- 4 private gazebos to enjoy a comfortable time by the water;
- 2 children's pools;
- 2 jacuzzis;
- bar with freshly squeezed juices;
- barbecue area with a dining area;
- landscaped gardens with seating areas;
- large lawn for recreation and active games;
- outdoor cinema;
- playground for children.
In addition to the listed facilities on the open terrace, residents of the new building will also have access to amenities inside the building, including:
- large gym with windows facing the infinity pool;
- playroom for children;
- wellness centre with hammam and sauna;
- pavilions for relaxation and a private pool located next to the sauna;
- yoga and fitness room;
- business centre.
Regalia Apartments в Business Bay, Dubai, UAE
The new building, Regalia Apartments in Dubai, is ideally located in an area with excellent infrastructure and a developed network of roads. Within walking distance from the complex are the following:
- promenade;
- Marina D-Marin;
- yacht club;
- boat rental centre;
- Business Bay CrossFit centre.
You can get to the lively Downtown Dubai in 5-7 minutes by car from the residential complex. Extensive shopping, business and entertainment facilities are concentrated here. The area has a vast shopping centre, the Dubai Mall, where you can find numerous shops from world-famous brands, including luxury boutiques and jewellery stores. In addition, this central area of Dubai is home to an opera house, art galleries, gourmet restaurants, an ice-skating rink and a vast musical fountain in the middle of an artificial lake.
From the new building, you can drive to the large racetrack Meydan in 10 minutes. It hosts the World Cup for horse racing and nearby is a golf course, a hotel, a tennis club, restaurants and bars.
It’ll take about 10-15 minutes to get from the complex to the most popular and largest parks in Dubai, including:
- Safa Park next to the Dubai Canal;
- Ras Al Khor Wildlife Park, home to flamingos;
- Burj Park on an artificial island opposite the Burj Khalifa skyscraper;
- The large Zabeel Park with recreation areas, sports courts, a running track and the famous picture frame building, the Dubai Frame.
Property for sale in Regalia Apartments
The commissioning of the residential complex is planned for the end of 2024. Today, you still have the opportunity to buy property in Regalia Apartments at a discount from the developer. The starting price of a studio apartment is AED 820,000 (USD 223,000). A 1-bedroom apartment is on sale for 1.2 million AED (USD 326,500). The cost of a 2-bedroom apartment starts at 1.8 million AED (USD 490,000). You can see the available-for-sale options for apartments in the catalogue on the website. It also shows current prices which will increase as the construction progresses. A big bonus for homebuyers at Regalia Apartments is the attractive instalment plan with no interest. The initial deposit when booking an object is 10% of the amount. 38% is then paid in instalments during construction. 12% is paid upon commissioning of the residential complex and the remaining 40% can be paid within 40 months after the transfer of ownership.
The complex is located in the Business Bay area, which is included in the list of freehold zones, so both Emirates citizens and foreigners can buy real estate here in private ownership. In addition, foreign buyers can request a UAE resident investment visa, issued when purchasing real estate with personal funds for 750,000 AED (USD 204,000).