Off-plan HARBOUR LIGHTS in Dubai Maritime City, DUBAI, UAE № 236551

HARBOUR LIGHTS Development description

Located just 150 meters from the sea, Harbor Lights is an off-plan residential project in Dubai Maritime City, Mina Rashid. This area is the historical center of the Emirate. All apartments in the residential project overlook the beach offering a mesmerizing panorama of the Persian Gulf. This property in Dubai ensures the best value for money, luxurious amenities and premium location close to the marina and Port Rashid.

The developer is the largest Middle East construction company Damac Properties. The design of the project was developed by the world-famous jewelry company De Grisogono (Switzerland). When buying a home, you become a rightful owner of the property.

Each apartment has a minimum of two parking spaces. Apartments in this off-plan residential project in Dubai can be bought for AED 1.32 million ($359,428). The handover of the project is planned in Q2 2027. The down payment is 20%. You can buy property in Harbor Lights on an interest-free instalment plan.

Architecture and design

Harbor Lights is a 52-story tower with additional parking levels. The skyscraper matches the general urban development on the coast of the Persian Gulf. The stunning glass façade reflects sunlight, while its simple geometric shapes are soothing to the eye. The exterior design offers an abundance of green and blue hues combined with silver and green elements. An exclusive feature of the project will be a floating pool on the platform in the waters of the bay. The interior design of Harbor Lights is dominated by delicate beige and brown hues with bright accents inspired by the marine aesthetics. Panoramic windows offer breathtaking views of the endless blue horizon. The ceilings in the apartments are 3.4 meters high and 5 meters high in the lobby.

Apartments in Harbor Lights

Housing units in Harbor Lights include 291 premium one- to three-bedroom apartments. The area of apartments with one bedroom is 75 m2, with two bedrooms 115 m2, with three bedrooms 137 m2. Home buyers are also offered luxurious residences such as two-level villas and penthouses with private pools.

The price of a one-bedroom apartments starts from AED 1.32 million ($359,000), two-bedroom apartments from AED 2.2 million ($599,000), three-bedroom apartments from AED 2.34 million ($637,000). Prices for luxury residences are provided on request. All apartments are furnished and equipped with premium household appliances, ventilation and air conditioning systems. Properties will feature design kitchens. All residences in the Harbor Lights residential project in Dubai feature spacious terraces that can be turned into mini gardens or, for example, lounge spaces where you can chill with your family and friends.

Lifestyle

The residential project is an ideal solution for families and singles who prefer a resort lifestyle near the sea on the one hand and to be able to enjoy the opportunities of the big city on the other hand.

In addition to state-of-art apartments that are fully ready to move in, the project offers a range of luxurious amenities. Yachts for rent, places on the beach are available to residents. In the project you can learn to play paddle tennis, book a court and arrange any corporate or private event. Life in Harbor Lights is filled with bright events and endless comfort. Highly qualified staff will provide round the clock deluxe service, privacy and complete security 24/7. An ultra-modern fitness center will be on the 51st floor and a swimming pool will be located on the 24th floor.

The new project of The Harbor Lights is located in the central part of the Emirate, in close proximity to Bur Dubai and La Mer beach. Nearby is Sheikh Zayed Road, which allows you to get to all the important sites of the emirate in no time. The trip to DXB takes only 20 minutes. It will take the same amount of time to get to Dubai Mall, the Burj Khalifa and Dubai Creek Harbour. Large medical centers are located within 9–15 minutes’ drive. Mina Rashid is a beautiful and developing area with a rich history. It is home to the Dubai History Museum, the iconic liner Queen Elizabeth II, converted into a hotel on the water, the world's largest floating nightclub Float Dubai and many other iconic attractions that attract tourists.

Investment property in Harbor Lights

After the handover of the project, the cost of residences will increase by 20–30%. Apartments in the Harbor Lights residential complex in Dubai are a great place to live, as well as a potentially profitable asset with a high level of liquidity. Annual rental income in Maritime City is on average around AED 250,000 ($68,000). The potential rental yield for a residence in Harbor Lights for a long-term lease varies from 5 to 8% per annum while this rate for a short-term lease reaches 15%. When buying property in a new building in Dubai from a developer, you can apply for a resident visa.

Buying property under development in Harbor Lights can be very profitable. The cost of apartments in prestigious beachfront neighborhoods of Dubai is on average 1.5–2 times higher than the prices announced in this residential project. Residential real estate in Dubai is tax-free, and the emirate occupies a leading position among the cities all over the world in terms of development speed, innovation, influx of tourists and expats.

Contact us via our online chat to find out how to buy an apartment in the Harbor Lights premium community. Our experts will tell you how best to invest in off-plan real estate in the new project in Dubai.