Emaar Armani Residences
Armani Residences is an apartment complex occupying levels 6 to 19th of the tallest skyscraper in the world, Burj Khalifa. The complex was created by the renowned designer Giorgio Armani and was developed by Emaar Properties as a part of Downtown Dubai.
Armani Residences feature one and two-bedroom apartments fully-furnished by Armani Casa and the views of The Dubai Fountain. All apartments have security systems, smart-home technologies, and also floor-to-ceiling windows, which create a lot of light and provide corner units with the views of The Dubai Fountain and Dubai Opera.
Property in Armani Residence generates an average 4.7% ROI. There are two factors to it. First of all, Armani Residences located in Burj Khalifa, one of the most sought-after places to buy apartments. Secondly, the district of Downtown Dubai features world-class facilities and a perfect location between two cosmopolitan hubs of Dubai, The Dubai International Financial District (DIFC) and Business Bay.
With the heights of 2,722 ft, Burj Khalifa is the tallest building in the world. It is located in Downtown Dubai, which is called the “Centre of Now.” The skyscraper is considered one of the most desirable places to live in the world.
Together with Downtown Dubai, it was developed by one of the biggest Dubai developers – Emaar. The construction cost $1.5 billion, and the whole amount paid off less than a year after the inauguration.
Now it houses residential apartments and superb facilities both for its residents and tourists of Dubai. The residential wing of The Burj Khalifa Tower has 900 apartments between levels from 19 to 108.
Besides mentioned outside pools and observation desks, residents enjoy Burj Khalifa’s landscaped gardens. Being designed with sustainability in mind, they are partially irrigated with water collected through Dubai’s humid atmosphere and water being previously used before in a tower. Pet owners and joggers will enjoy the spacious lawns and walking tracks of Burj Park.
The most profitable property in Burj Khalifa Tower is a one-bedroom apartment with a ROI of 6.3%. two-bedroom units and studios follow them with a return of investment (ROI) of 5.2% and 4.7%, accordingly.