Dubai Harbour Residences: A Review of Shamal Holding’s Luxurious Development

Dubai Harbour Residences, a luxurious new development by Shamal Holding, offers you unparalleled living experiences in the heart of Dubai Harbour, nestled between the iconic Palm Jumeirah and Bluewaters Island. With its low-rise, boutique buildings, this exclusive development promises stunning harbour views and easy sea access, enhancing your lifestyle with spacious one to four-bedroom apartments designed to maximize space and light.

As Shamal Holding’s latest offering, Dubai Harbour Residences by Shamal Holding stands out as a prime investment in Dubai’s prime seafront district. This development not only elevates your living standards with its sophisticated design and open floor plans but also positions you within a vibrant community that boasts exceptional amenities and strategic connectivity, making it an ideal choice for discerning investors and residents alike.

Exclusive Features of Dubai Harbour Residences

At Dubai Harbour Residences by Shamal Holding, residents enjoy a blend of luxury and maritime lifestyle that is unmatched in the region. Here are some of the exclusive features that set this development apart:

Luxurious Marina Living

1. Dubai Harbour Yacht Club Access: Residents have exclusive access to this prestigious club, enhancing the nautical lifestyle.
2. Marina Berths: Over 700 berths available, making it the largest in the MENA region, ideal for maritime enthusiasts.
3. Waterfront Promenade: A vibrant area featuring high-end restaurants, bars, and retail outlets, perfect for social evenings and leisurely walks.

Architectural Excellence and Spacious Units

1. Boutique Apartments: The development includes over 350 low-rise units, ranging from one to four bedrooms, designed by the renowned Nikken Sekkei Ltd.
2. Design and Views: Each apartment is crafted to offer stunning views of the harbour, with easy sea access and close proximity to the promenade.

Comprehensive Amenities

1. State-of-the-Art Facilities: Residents can enjoy a concierge service, a modern gym, and a swimming pool.
2. Family-Friendly Features: Includes a kids’ play area and properties with spacious layouts suitable for family living.

Strategic Location

1. Iconic Neighbors: Situated between Palm Jumeirah and Bluewaters Island, the location offers breathtaking harbour views and direct sea access.
2. Connectivity and Transport: The development features advanced transport networks, including two state-of-the-art cruise terminals and proximity to major city attractions.

These features not only promise a luxurious lifestyle but also make Dubai Harbour Residences a prime choice for those seeking a prestigious and comfortable living environment in the heart of Dubai.

Amenities and Facilities

High-End Dining and Shopping

Dubai Harbour Residences by Shamal Holding offers an exquisite array of high-end restaurants and retail outlets. The waterfront promenade is not just a scenic spot but also a hub of activity, providing breathtaking views of the Arabian Gulf and a vibrant atmosphere for evening strolls and social gatherings.

Comprehensive Marina Facilities

The development boasts the Dubai Harbour Yacht Club and Pier Club, enhancing the maritime lifestyle. With over 700 marina berths, it stands as the region’s largest, fully equipped to cater to the needs of ocean enthusiasts. This comprehensive setup ensures that every maritime need is not just met but exceeded.

Connectivity and Recreation

Strategically designed walkable trails seamlessly connect leisure, culture, and coastal activities, making it easy for you to enjoy a balanced lifestyle. These paths are curated to enhance your living experience by integrating nature, maritime exploration, and recreational spaces within easy reach.

Community and Wellness Amenities

Residents can enjoy a variety of facilities designed for wellness and social activities, including swimming pools, fitness centers, and landscaped gardens. For families, the development offers children’s play areas and dedicated parking spaces, ensuring convenience and safety. The community is also supported by essential amenities like supermarkets, clinics, and pharmacies, making everyday living hassle-free.

Educational and Spiritual Facilities

The neighborhood caters to all educational and spiritual needs with its proximity to schools, universities, churches, temples, and mosques. This inclusivity supports a diverse community and fosters a harmonious living environment for all residents.

Strategic Location and Connectivity

Dubai Harbour Residences, strategically positioned at the heart of Dubai Harbour, is a testament to exceptional urban planning and connectivity. Here’s how this development ensures seamless access and strategic placement:

1. Prime Location: Nestled between Palm Jumeirah and Bluewaters Island, the residences offer stunning harbour views and direct sea access. This prime positioning places residents within a short distance of Dubai Marina’s vibrant dining and nightlife scene.
2. Accessibility: Enhanced by the Roads and Transport Authority (RTA), the accessibility features include a new two-lane bridge in each direction. Spanning 1500 meters, this bridge accommodates 6,000 vehicles per hour, ensuring smooth ingress and egress from the development.
3. Comprehensive Connectivity: Residents benefit from direct connections to major hubs. Sheikh Zayed Road provides a quick route to various parts of Dubai, including the International Airport, Downtown Dubai, and more. The development’s proximity to Sobha Realty Metro Station further integrates it within the city’s transport network.
4. Nearby Amenities and Attractions: The location is close to essential lifestyle amenities and attractions such as Jumeirah Beach Residence, Emirates Living, and the Ras Al Khor Wildlife Sanctuary, enriching the living experience at Dubai Harbour Residences.

These strategic features not only enhance the lifestyle of its residents but also position Dubai Harbour Residences as a highly desirable place to live and invest in the heart of Dubai Harbour.

Investment Appeal

Dubai Harbour Residences by Shamal Holding offers a compelling investment opportunity characterized by strong potential returns and strategic benefits derived from Dubai’s robust economic framework. Here’s why investing in this prestigious development is a prudent choice:

1. Attractive Return on Investment (ROI): Properties in Dubai Harbour Residences boast an annual ROI of 4% to 5.2%. This competitive return is bolstered by the development’s luxury status and prime location, appealing to both local and international investors.
2. Capital Appreciation Potential: The off-plan purchase options available at Dubai Harbour Residences allow investors to secure properties at a lower initial price, which is likely to appreciate as the project reaches completion and demand in the prime location increases.
3. High Rental Yields: The strategic location and luxurious amenities contribute to gross rental yields ranging from 7-10%, making it an attractive option for those looking to generate passive income from real estate investments.
4. Tax Benefits: Investing in Dubai comes with the added advantage of no corporate tax, which maximizes the potential returns on investment by reducing the overall tax burden on income generated from property investments.
5. Diverse Investment Opportunities: Dubai Harbour Residences offers a variety of residential and commercial properties, catering to a wide range of investment preferences and budgets. This diversity allows investors to choose assets that best fit their investment strategies, whether focusing on long-term capital gains or immediate rental returns.

Each of these factors contributes to making Dubai Harbour Residences a standout option for those looking to invest in Dubai’s real estate market, promising both high returns and strategic advantages.

FAQs

What company is behind the ownership of Dubai Harbour?
Dubai Harbour is owned by Shamal Holding, with Abdulla Binhabtoor at the helm. He discusses the waterfront development’s expansion, the significance of the 700-berth marina which hosts the Dubai International Boat Show, and the exciting future projects Shamal Holding is planning.

What is the cost of owning a branded residence in Dubai?
In Dubai, branded residences are part of an exclusive market with 106 schemes as of December 2023. The average cost for these luxurious properties is around 3,693 AED per square foot, which is approximately equivalent to 1,000 USD, attracting a significant number of foreign investors.