The project was launched back in 2016, and the date of commissioning was 2020. Accordingly, the complex offers to buy or rent fully move-in ready apartments, where residents will have access to amenities such as a private beach and a beach club, spa, lobby, fitness center, parking, a 24-hour concierge service and access to a 6,028 sq. ft. infinity pool on the roof of the building, which is listed in the Guinness Book of World Records as the tallest in the world. In addition, there are conference rooms, Valet Parking, a playground for children and a movie theater. There is also a wine cellar, restaurants and cafes, as well as a barbecue area.
There are a total of 443 properties with hotel services and 478 standard apartments without these services. Properties range in size from 646 to 4,305 sq.ft. Inspired by the “La Dolce Vita”, residential interiors are designed in pastel and light blue hues, and kitchens are designed with an emphasis on functional simplicity and efficiency, equipped with appliances from the world’s best brands. All apartments have walk-in closets, complete kitchens and bathrooms, a smart home system, high-speed internet and security systems.
Almost all the properties at The Address Beach Residences are sold out and a limited number of 1BR apartments remain available for purchase.
The minimum price for a 1BR serviced apartment available for purchase with a property area ranging from 637 sq.ft. to 1,155 sq.ft. starts at AED 2,125,000 (USD 579,000).
The starting price for 1BR residential apartments available for purchase with a property area ranging from 762 sq.ft. to 858 sq.ft. is AED 2,032,000 (USD 553,300).
The programme charges 2.5% of the yearly rent as a letting fee (this is not charged if the tenant is personally selected by the owner) and 6% (including VAT) of rent as a management fee.
In order to celebrate the launch of the Rental Programme, investors are offered a two-year Service Charge Waiver promotion on 1BR serviced units (Marina View): S1A, S1C, S1D and S1F unit types. This special promotion will enhance ROI for new buyers. The booking deposit for the activation of the offer must be paid between 05.09.2021 and 31.10.2021.
The Address Beach Resort and Residences has a strategic location on Jumeirah Beach Walk that provides fast and easy access to different parts of the city and various amenities. In addition, the luxury development is a Guinness World Records breaking destination which houses the highest outdoor infinity swimming pool and the highest occupiable skybridge floor in the world.