What Makes an Apartment Luxury: Key Features, Furnishing Options and Price Ranges

The demand for luxury apartments is projected to grow at a tremendous pace. From 2025 to 2032, the global luxury residential real estate market is expected to witness a CAGR of 5.62%. With this growth, we have witnessed many real estate agents fooling investors by selling standard apartments as luxury apartments. 

Hence, you need to understand what makes an apartment luxury. In this blog, we will discover the key features, furnishing options, and price ranges of luxury apartments.

Key Takeaways:

• This blog is all about what defines luxury in an apartment, from amenities to price trends, through examples from projects of DarGlobal.
• Learn how the location, amenities, security, architecture, and design contribute to the luxury of your apartment.
• Discover the various amenities available in contemporary luxury apartments.
• Find out the advantages of purchasing and residing in luxury apartments.
• Discover the global cities known for luxury apartments, like Dubai, Doha, Riyadh, Spain, and London.
• Learn how to identify genuine luxury apartments, price range, and market trends of luxury apartments.

What Makes an Apartment Luxury?

Luxury living adds comfort and more value to your everyday life. They offer you an unbeatable experience of comfort and style as they are defined with large rooms, high-quality finishes, and advanced technology.

These apartments give residents a sense of exclusivity yet convenience. From private elevators to panoramic views, it's all about adding value to aesthetics and giving long-term living satisfaction.

Key Features of Luxury Apartments

Luxury flats are defined by some fundamental characteristics that distinguish them from normal apartments. Each of these features contributes to the development of a higher standard of living.

Prime Location

Luxury residences are usually concentrated in favorable locations like coastal beaches, cultural belts, or business centers. It is where residents can savor views, conveniences, and addresses that project prestige. DarGlobal's Les Vagues by Elie Saab in Qatar is an example of waterfront luxury.

Luxury Architecture and Design

From exterior to interior, luxury apartments value design. The builders emphasize up-to-date configurations, cutting-edge construction, and finishing touches. Da Vinci Tower, Interiors By Pagani by DarGlobal exemplifies that through interiors that take inspiration from the enduring creativity of Leonardo da Vinci.

World-Class Facilities

These apartments incorporate facilities like fitness centers, rooftop lounges, and spas. They turn daily living into a total lifestyle experience. Such facilities are not afterthoughts but rather are integrated elements of high-end living.

Improved Security and Privacy

In these apartments, you will find security and privacy as their top priority. They have gated communities, biometric installations, and discreet lobbies that make residents feel safe without compromising comfort. 

Exclusive Services

Concierge, valet, and housekeeping services deliver convenient living. These services offer the luxury of a hotel in the comfort of a residence, as is the case with Marriott Residences AIDA, Oman by DarGlobal.

Do Luxury Apartments Come Furnished?

No, not all luxury apartments are furnished. You can get them in 3 different segments that are either fully furnished, semi-furnished, or unfurnished. 

• Fully furnished homes generally offer a hotel-like stay with curated interiors. 
• Whereas semi-furnished and unfurnished luxury apartments give buyers the option for personalization and provide versatility.

DarGlobal projects are designed with consideration for the diverse needs of our buyers. While some are designed for ready-to-move-in with branded finishing, others are left for those who are willing to design interiors according to their own tastes.

Luxury Apartment Amenities

Amenities are the foundation of the luxury residential experience. They go beyond basics to elevate wellness, recreation, and the convenience of the residence.

In-Apartment Facilities

They can enjoy intelligent home technology, walk-in closets, spa-like baths, and individually customized kitchens with gourmet appliances. Each of these touches creates your own retreat in every apartment.

Building Facilities

Common areas include infinity pools, rooftop gardens, gyms/fitness centers, and private lounges, which allow for space to relax and enjoy luxurious living in the community. 

Luxury Services and Concierge

High-end services are the major distinguishing factor of a luxury apartment from a normal apartment. From 24/7 concierge services to housekeeping and personal chefs, residents live in comfort where convenience is always at their door.

Benefits of Living in Luxury Apartments

Staying in a luxury apartment offers several advantages, including value appreciation and lifestyle enhancements. Let us look at some of the main benefits of living in luxury apartments:

Increased Comfort and Lifestyle

Elegant designs, top-of-the-line finishes, and first-world amenities guarantee that every need is catered to in a sophisticated lifestyle.

Greater Return on Investment

The value of luxurious homes appreciates faster compared to mid-range homes; hence, they are suitable for long-term investments.

Prominent Address and Recognition

Ownership of an apartment in a world-class development enhances social status and guarantees access to an elite neighbourhood.

Smart Living and Technology

Home automation, energy-efficient products, and secure digital controls offer smarter and more convenient living.

Price Ranges and Market Overview

Luxury real estate is gaining massive traction all over the world with rising demand among younger, affluent buyers. Here are the price ranges and market overview of the booming real estate sector: 

Market Overviews

1. The luxury residential market in the Middle East is likely to grow at an 8.3% CAGR from 2023 to 2030.
2. The luxury apartment is backed by growing demand from the young generation.
3. Sustainability is all the buzz, with construction firms insisting upon green certifications and energy-efficient homes.

Price Ranges

1. The cost of the luxury apartments varies based on the location, amenities offered, and other important features.
2. In Dubai, luxury apartments begin from USD 1 million and range to USD 20 million for ultra premium residences. 

Popular Locations for Luxury Apartments

Luxurious apartments are growing in demand, and certain global cities lead in luxurious property development, with Monaco at the top, followed by Hong Kong. Other prominent cities for luxurious properties are:

• UAE:

1. Dubai 
2. Doha 
3. Riyadh 
4. Jeddah 

• Europe

1. London 
2. Spain

• North America

1. Miami 
2. New York 

• Asia-Pacific 

1. Tokyo
2. Singapore

How to Identify Genuine Luxury Apartments

Not all expensive apartments are luxury apartments; hence, you need to consider the following points to identify genuine luxury apartments:

• Luxury apartments are built in prime locations with easy accessibility to lifestyle amenities.
• They have an iconic design and architecture of excellence
• These homes are integrated with smart home technologies and automations
• Luxury apartments fitted with branded merchandise and fitments
• These apartments offer resort-like amenities
• Many a time, you will find good concierge and hospitality services
• Multiple-level security and privacy are the top priorities of luxury apartments.
• They will have an eco-friendly construction, and you can check their related certifications
• Luxury apartments are backed by a reputable developer like DarGlobal

Conclusion

Luxury apartments are more than just classy designs or prime locations; they are the epitome of a total lifestyle that incorporates comfort, convenience, and prestige. Having a spacious layout, high-end finishes, and world-class services is what living luxuriously is all about. 

DarGlobal’s projects, such as Da Vinci Tower Interiors by Pagani, Les Vagues by Elie Saab, Marriott Residences, and Painite Villas Design Inspired by Automobili Lamborghini are the epitome of genuine luxury. They create a living experience rooted in beauty, wellness, and global standards. For both investors and homeowners, these apartments are an invitation to experience modern luxury at its finest.

FAQs

1. What features distinguish luxury apartments from regular ones?

Luxury apartments stand out with prime locations, world-class architecture, the latest technology, top-of-the-line finishes, and facilities such as concierge and security. They offer a comprehensive lifestyle experience that extends beyond just a living space. 

2. Are luxury apartments usually sold furnished or unfurnished?

Luxury apartments can be sold fully furnished, semi-furnished, or unfurnished. The furnished flats come with curated interiors and kitchen equipment, while the unfurnished flats give buyers the option of customizing the design as per their choice. 

3. What amenities can I expect in a luxury apartment?

Luxury apartments offer comforts such as infinity pools, health centers, intelligent kitchens, rooftop lounges, and concierge services. These amenities guarantee convenience, recreation, and comfort as part of everyday living. 

4. How much is a luxury apartment in Dubai?

The cost of a luxury apartment in Dubai depends on the locality and type of property. In Dubai, luxury apartments, on average, begin from USD 1 million for standard luxury apartments and stretch over USD 20 million for luxurious villas and mansions. 

5. What are the benefits of living in a luxury apartment?

The benefits of living in a luxury apartment include high-end facilities, appreciating property value, social status, and cutting-edge smart home technology that improves convenience and security.