8 Best Places to Buy Property in Dubai
Arabian ranches ranked 35% increases in property value, and other notable places include Palm Jumeirah
Interesting Factors for real estate market growth:
- Rich heritage,
- stable economy
- cultural diversity
Undoubtedly, Dubai is the UAE investment capital. For investors, the stable housing market gives buying power. Thanks to the 85% of the population who are foreigners. Here are our recommended 8 best to buy property in Dubai:
1. Downtown Dubai
Downtown Dubai, which is known for its huge skyscrapers, is home to the Burj Khalifa, the world’s tallest tower and a popular tourist spot.
Studio and one-bedroom apartments are popular here, but once again, investors are easily attracted by apartments with high returns.
Even though the prices are higher, Downtime Dubai has a vibe that can’t be found anywhere else.
It’s not a quiet place, especially when tourists come to see the Burj Khalifa.
2. Dubai Marina
As you might expect, Dubai Marina offers a high-end nautical lifestyle to anyone who wants it. Think about luxury villas, penthouses, and great places to shop and eat.
There are up to 140 places to spend money in the shopping mall alone. House buyers like the marina because it has high rental yields, and because it is a popular place to buy property in Dubai, they can always find someone to buy their home if they want to sell.
Because of this, Dubai Marina, also known as the “pearl of Dubai,” is the second most popular place to buy a home, after Business Bay. This record says it all.
The central location and the fact that it has a lot of amenities make it a hot spot for real estate, especially among young working professionals.
3. Places in Business Bay
Business Bay, located in the center of Dubai, stylishly encourages large trade, real estate, and luxury lifestyle.
240 buildings house penthouses, flats, and city offices. Its business and retail components alone make it a fantastic real estate market, but locations and its closeness to the highest structures in the world are additional factors.
This region has a lot of buying potential and is more of a developing one than an established one.
With cheaper property costs than idle Dubai and profitable apartment leases, working professionals adore this region.
Residents have convenient access to Safa Park and Sheikh Zayed Road.
Weekend crowds go to the waterfront eateries serving various ethnic cuisines as well as the designated cycling and walking paths that line the Dubai water canal.
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4. Jumeirah Village Circle
Jumeirah Village Circle is close to Jebel Ari and Dubai Marina. It has lower prices than Downtown Dubai and Palm Jumeirah and is a good place to live on the coast.
Families and people who work as expats in Dubai like this place because it is quiet and away from the busy parts of the city.
This is more of a town than a real estate investment area, with about 6000 properties, including townhouses and villas, open areas, and social services.
Jumeirah Village Circle’s proximity to Dubai International Airport, which is 25 minutes away, is another perk. Apartment complexes are less tall than traditional skyscrapers, which draws visitors from nearby locations.
A Dubai property can be purchased for about 170 pounds per square foot, which is less expensive than the marina area.
Jumeirah Village Circle is close to Jebel Ari and Dubai Marina. It has lower prices than Downtown Dubai and Palm Jumeirah and is a good place to live on the coast.
Families and people who work as expats in Dubai like this place because it is quiet and away from the busy parts of the city.
This is more of a town than a real estate investment area, with about 6000 properties, including townhouses and villas, open areas, and social services.
Jumeirah Village Circle’s proximity to Dubai International Airport, which is 25 minutes away, is another perk. Apartment complexes are less tall than traditional skyscrapers, which draws visitors from nearby locations.
A Dubai property can be purchased for about 170 pounds per square foot, which is less expensive than the marina area.
5. Places Palm Jumeirah
Investors are attracted to Palm Jumeirah because of its promising real estate projects.
Even while home prices have stayed the same, the villa market has been booming because to demand from those looking to live in a prime location.
Palm Jumeirah may have expensive costs, but it is a good location for those looking for rental income from real estate.
As you might expect from a high-end area, the shopping and dining options for property owners are top-notch.
Also, you can choose from many places that have facilities for relaxing, such as the Aquaventure Waterpark and the Palm Jumeirah Boardwalk.
The artificial palm-shaped island is 3 miles long and 3 miles wide, and it has beautiful views of the Gulf. Look at the famous people who have stayed here, like Boris Becker and Tiger Woods, to see how important this place is.
6. Jumeirah Lake Towers – Ideal for Investment
This property is a good choice for investors on a tight budget. Tall-rise apartments across from the Dubai marina have luxury amenities like gyms, pools, restaurants, and shops for half the price.
The studios are the most important part of the property, but the apartments are just as well decorated and designed.
The return on investment for Jumeirah Lake Towers was 6.82% last year, so it’s easy to see why real estate experts flock here.
Also, three shopping malls are just a short drive away, and the Dubai Metro and a road that goes to Abu Dhabi pass through the area.
With four man-made lakes and a lot of green space, this is a good place to buy an apartment in Dubai if you want to invest in real estate.
7. Dubai International City Area
International City is made up of 800 hectares of attractions, businesses, and homes.
The architecture is inspired by different countries in the area, which is how it got its name. China, England, France, Persia, Greece, Russia, and Spain are all in different districts. Italy, Morocco, and Emirates.
A 240,000-meter car park that looks like Beijing is also planned. When finished, Dubai International City could have up to 60,000 people living there. It is near the Al Warsan fruit and vegetable market.
8. Buy Luxury Villas in Arabian Ranches
Apartment living is a big part of Dubai City, but if you’d rather live in a villa, Arabian Ranches is a great place for families who want to buy a home.
Several new projects and an expected return of 5% make this an exciting place to buy a home.
It also sells homes that have already been built and has a long list of impressive past achievements.
As a gated villa community on the outskirts of Dubai, it is far from all the noise and activity, but it only takes a short drive to get to the center of things.
The Equestrian Club and a huge golf course are both close by.
The first part of the project opened in 2004, and the second part opened in 2012, showing that these great property choices will last for a long time.
Final Thoughts:
There are seven Emirates in the United Arab Emirates, which are located in Western Asia. These are Dubai, Ajman, Abu Dhabi, Sharjah, Umm Al Quwain, Fujairah, and Ras al Khaimah.
However, Dubai, a vibrant city in the Middle East, has a great range of family homes, flats, penthouses, and duplexes available for purchase. The scorching climate, gorgeous architecture, and western Asian and European cuisine are among advantages of Dubai.
View our collection of Dubai real estate for sale, and use the contact forms to request more information or to schedule viewings.