The trend of luxury real estate entered the real estate market in Dubai long ago. Fashionable apartments, cozy townhouses, and spacious villas from renowned developers are in high demand among foreign investors and ex-pats. Residential units of world-class quality reinforced with a high standard of living, developed infrastructure, and picturesque coastal tourist destinations are always the focus of attention of many foreign buyers. These are definitely the reasons why residences in The Royal Atlantis Resort and Residences in Dubai are at the top of the list of profitable objects for foreign investments. Anyone who is considering buying a home or selecting a long-term investment project in this extraordinary residential complex should be familiar with the pros and cons of such a transaction.
Residential Complex of Gorgeous Design
The Royal Atlantis Resort and Residences in Dubai is one of the most anticipated projects in Dubai. The world’s leading developers, designers, and architects worked on the creation of the upscale residential complex with exclusive furnishing and advanced amenities. The intricate construction hosts a stunning combination of ultra-luxury serviced residences and comfortable hotel rooms. Foreign investors should pay particular attention to private residences with breathtaking views of the Persian Gulf.
The unique design of the residential complex impresses me. It is impossible to take your eyes off when you see The Royal Atlantis Resort and Residences at first. Multiple layers of various forms and blocks made from different materials make people examine each tiny detail of the building. No doubt, the construction itself will be recognized as an important Dubai landmark.
Still, do not forget that the sphere of real estate investments is an area of observation, forecasting, and increased responsibility. So, let’s explore the main advantages and drawbacks of buying apartments in The Royal Atlantis Resort and Residences.
Advantages of the Royal Atlantis Resort and Residences in Dubai
The understanding and evaluation of benefits may differ depending on the goals of the buyer. However, we have highlighted the most vivid profits obtained by homeowners regardless of whether they invest in personal accommodation or rental property.
Possibility to Have a Rest and Live Near the Waterfront.
The homeowner or the tenants of the housing obtain the great opportunity to live in close proximity to crystal waters. You can experience a magnificent feeling of waking up and seeing sparkling yachts and transparent tiny waves. Besides, access to the private beach makes it possible to enjoy any types of water activities you prefer.
Obtaining a Residential Visa for 5 or 10 Years.
The residential visa is issued to foreigners for their investments in the sector of real estate. The document gives the right to stay legally in the country for a definite period of time. The foreign can apply for an extension of their visa an unlimited number of times.
Getting High Rental Yields.
High liquidity and great rental opportunities appear important characteristics when a homeowner does not want to live in the UAE anymore. You can rent out your stunning apartment in The Royal Atlantis Resort and Residences and get passive income even if you relocated to another country.
Sticking to the Concept of Political Neutrality and a Strong Economy.
This advantage is applied to the whole territory of the UAE, but it becomes crucial in the world`s unstable situation. A strong economy and independence of the country from external political issues force the development of the real estate market and provide comfortable conditions for conducting business and a high level of life.
Disadvantages of the Royal Atlantis Resort and Residences in Dubai
With all the above-mentioned benefits and a long list of some other characteristics, the purchase of fashionably-styled residences in The Royal Atlantis Resort and Residences in Dubai has some drawbacks as well.
High Maintenance Costs.
All homeowners in the Emirates are required to cover the cost of its maintenance. If you have a property in Dubai, but do not live there, the payments are obligatory as well. The owners of the residences in The Royal Atlantis Resort and Residences have to pay for cleaning common areas, security of the building, maintenance of infrastructure elements, and some others. The maintenance of luxury real estate is really expensive but it can be easily covered in the case of apartment leasing.
Impossibility of Performing the Deal Without an Intermediary.
The purchase of all types of real estate requires the involvement of an intermediary. It is impossible to conclude the deal only in the presence of the buyer and the developer. Such an obligation is implemented to play extremely important roles – to ensure the integrity of the transaction with the sellers, to protect from fraudulent machinations, and to guarantee the state and the seller themselves comply with the legal framework.
Selection of Premium Residences in the Royal Atlantis Resort and Residences
The wide selection of stunning apartments of different footage is represented on the official website of AX CAPITAL. With the help of professional real estate agents, a foreign buyer can choose an apartment of world-class quality. The specialists from the sphere of Dubai`s property are able to offer housing units meeting all the requirements of an investor.
Contact the reputable real estate agency AX Capital to select the residence, and obtain in-depth consultation and useful advice. Besides, the agents will follow a buyer not only during the stage of making the choice but during the whole process of a deal, and even in the situation of getting the key.
The Final Word
Today, to own real estate in Dubai, the UAE means to be successful. Having full ownership of a branded residence in The Royal Atlantis Resort and Residences takes the life and career of a buyer to the next level.
Having an apartment or other real estate in Dubai provides profit regardless of whether you permanently stay or let other people live there. The number of ways of managing your residence in The Royal Atlantis Resort and Residences is almost unlimited. So, do not step aside from reasonable prospects.