The best areas to invest in Dubai
If you’re looking to invest in real estate in Dubai, there are many opportunities open to you. Thanks to the emirate’s strategic location, Dubai lies at the convergence of several markets: Asian, European and African. That’s why more and more tourists are flocking to this dynamic, modern and trendy city, transforming it into a fashionable destination. Real estate investors have sniffed out this opportunity and are flocking to the emirate to make sure they don’t miss out on this booming market. Despite the health crisis, experts believe that now is a good time to invest in Dubai, as prices have contracted and are now rising again.
Our real estate experts will share with you the best areas to make profitable real estate investments in Dubai.
Dubai Marina
Dubai Marina is today THE best place to invest in real estate. It’s no wonder that most real estate transactions take place in this sought-after district of Dubai. It offers a pleasant living environment and a wide range of prices. You’ll find apartments at very affordable prices (but not likely to stay that way for long!) right up to the most luxurious villas. Expatriates and tourists alike appreciate the Marina not only for its panoramic views, but also for the restaurants and stores that perfectly illustrate the Dubai way of life.
More and more expatriates and even foreign tourists are asking estate agents about properties for sale in Dubai. If you’re interested in long-term real estate investment, then this is the area to choose if you want value for money.
Dubailand
If you prefer to invest in a more leisure-, entertainment- and sports-oriented area, then the Dubailand zone is the best to meet these criteria. It easily rivals The Dubai Lifestyle City, and needless to say, tourists love it here. As you can see, it’s the perfect place to invest in rental property in Dubai!
Many investors buy apartments and even villas here in order to rent them out later on specialized sites such as Airbnb or Booking. While prices are still affordable in this area, they are likely to rise with the end of the pandemic and health crisis. Tourists continue to flock to Dubai, even if their numbers are down. The vaccine will boost tourism here, where the Coronavirus has not claimed many victims. What’s more, if you buy now, you’ll be able to enjoy passive income from Dubai’s Expo 2020, which has been postponed until next year!
Palm Jumeirah
The area earned its reputation as the world’s first artificial island. This premiere attracted the attention not only of the whole world, but also of thousands of real estate investors.
Today, it boasts superb real estate projects such as the Palm Beach residences with luxury apartments and villas, multi-star hotels and beach resorts. Demand for real estate here is very high precisely because of its success, so Palm Jumeirah is a hot investment spot.
Arabian Ranches
Arabian Ranches is the area dedicated to high-end luxury properties, so if you’re looking for such an investment, then this is the right area for it. In addition to its golf course set against the desert landscape, you’ll find nearby iconic attractions such as the Burj Khalifa tower, the Equestrian Club riding club or Dubai Polo. This is the ideal location for off-plan real estate investments, which are less expensive and more flexible.
Downtown Dubai
Downtown Dubai is the center of the city, and a must-see for tourists who don’t want to miss the Burj Khalifa tower or the Dubai Mall, the world’s largest shopping mall. If you’re looking for a luxury apartment that represents a solid investment, this is the area to invest in. It’s worth noting, however, that you’ll have to pay the price.
However, you can get a good deal in this neighborhood on the secondary real estate market.
Jumeirah Village Circle
The Jumeirah Village Circle is an area located in the heart of the city, offering a village atmosphere, perfect for those seeking a tranquil living environment. More than 2,000 luxury townhouses are located here and can represent a good real estate investment if you want to target a family clientele. This area is preferred by families with children, as there are many international schools, an exceptional medical infrastructure, green spaces, clubs and play equipment. What’s more, its proximity to the Dubai Marina is a truly strategic location promising a very good real estate return.
If Dubai appeals to you, don’t wait any longer! Don’t miss out on this excellent opportunity to invest in Dubai and take advantage of the low prices that the Dubai real estate market is currently offering, as well as the flexible payment terms and substantial discounts that won’t be appearing any time soon! Don’t hesitate to search for your property here, or contact us!
