There is no doubt that the UAE is home to some spectacular properties. From penthouse apartments to plush villas with sprawling gardens and incredible pools, it’s a real estate haven.
Each week, The National showcases some of the finest homes on offer in its Property of the Week. Here, we take a closer look at a penthouse apartment near Burj Khalifa.
The key details
This BLVD Crescent penthouse is spread across 9,810 square feet over two floors, with five bedrooms and six bathrooms. It is being sold fully furnished and comes with a sky garden. Located in Downtown Dubai, the property has an impressive Burj Khalifa view.
What's the story?
You'd be forgiven for assuming that an apartment doesn't come with much outdoor space, but this property has two spacious terraces, one of which is a landscaped sky garden.
Floor-to-ceiling windows and the double-height ceiling in the living room ensure the apartment is bathed in light and offers ample views of Downtown Dubai.
Enter the first floor of the apartment via a spacious hallway, which houses a marble staircase leading upstairs. The five bedrooms are spread across the two levels.
Downstairs, there is a generously sized living room which opens out to a terrace, followed by a reception area and a second terrace with a landscaped sky garden. The apartment has been finished with luxury furniture throughout, including a Roche Bobois dining table with eight Knoll chairs, two large Minotti sofas and an Italia mirror coffee table.
The open-plan kitchen and dining room are located on the first floor, with high-end integrated appliances by Miele and Gaggenau, and a fitted wine cooler. There is also a spa room, complete with a professional electric massage bed and a cryotherapy room.
Also on the first floor is an entertaining space, with a large projector screen and custom TMC Furniture sofa set and a Cretors popcorn maker.
Upstairs, you'll find the master suite, which comes with en suite facilities, fitted out with Fendi, Versace and Villeroy & Boch furnishings.
What the broker says ...
Is a Burj Khalifa address or view more desirable for a purchaser?
For some buyers, the very fact they live in Burj Khalifa is a status symbol and something that drives demand. However, buyers of course recognise that a view of Burj Khalifa is a huge plus and thus the demand for Burj-facing properties is extremely high.
ESSENTIALS
The flights
Emirates, Etihad and Swiss fly direct from the UAE to Zurich from Dh2,855 return, including taxes.
The chalet
Chalet N is currently open in winter only, between now and April 21. During the ski season, starting on December 11, a week’s rental costs from €210,000 (Dh898,431) per week for the whole property, which has 22 beds in total, across six suites, three double rooms and a children’s suite. The price includes all scheduled meals, a week’s ski pass, Wi-Fi, parking, transfers between Munich, Innsbruck or Zurich airports and one 50-minute massage per person. Private ski lessons cost from €360 (Dh1,541) per day. Halal food is available on request.
Killing of Qassem Suleimani
THE SPECS
Engine: 4.0L twin-turbo V8
Gearbox: eight-speed automatic
Power: 571hp at 6,000rpm
Torque: 800Nm from 2,000-4,500rpm
Fuel economy, combined: 11.4L/100km
Price, base: from Dh571,000
On sale: this week
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
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Full Party in the Park line-up
2pm – Andreah
3pm – Supernovas
4.30pm – The Boxtones
5.30pm – Lighthouse Family
7pm – Step On DJs
8pm – Richard Ashcroft
9.30pm – Chris Wright
10pm – Fatboy Slim
11pm – Hollaphonic
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
The years Ramadan fell in May
Scoreline
Saudi Arabia 1-0 Japan
Saudi Arabia Al Muwallad 63’
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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