Dubai is the biggest investment center of the Middle East that boasts of reliable and transparent investment policy. Besides, the city is a famous tourist and business destination for thousands of foreigners. Overseas investors have enormous interest in the real estate sphere mostly as it provides good investment return and a whole pack of benefits. Apartments and houses in Dubai by the sea offer many methods of managing and getting profits. But are there the most beneficial neighborhoods for investment in real estate in Dubai? And what advantages can the buyer get? Let’s discuss in detail in this article.
Investment in Dubai as a reasonable decision
Dubai may be described as a place for concentration of foreign capital. Businessmen from around the world invest in real estate, Dubai`s companies, their own business, etc. Speaking about real estate sector, every buyer obtains the following set of benefits:
– ROI up to 10% annually
– Accessibility and variety of real estate market
– Wide selection of properties from medium and luxury segment
– The right to diversify assets into different types of properties
– Rapid development of all the spheres of Dubai
– Increasing popularity of the metropolis
– Beneficial policies on buying and renting out of a property
– Low chance of inflation
– Possibility to take on a loan at fairly favorable rates.
To take advantage of all the above-mentioned profitable issues, it is necessary to know the exact territory for investments.
Neighborhoods with the highest ROI
Dubai Marina
Developed by Emaar Properties, Dubai Marina is a top destination for foreign investors. It stretches for 4,9 square kilometers along the Persian Gulf. On the whole, there are 200 buildings located on the territory. They include residential, commercial, tourist, and other types of real estate.
Speaking about the residential properties, Dubai Marina provides outstanding studios, apartments with 1-5 bedrooms, hotel apartments, penthouses with 2-6 bedrooms, villas with 3-5 bedrooms, and duplexes with 2-4 bedrooms, full floors or even the whole buildings.
Besides a huge number of variants, real estate in Dubai Marina attracts foreigners with high ROI. The average ROI for luxury apartments in the area is 5.5% per annum, although depending on the location of the building, developer and amenities offered, it can reach up to 7-8%.
Palm Jumeirah
The next outstanding region in Dubai is Palm Jumeirah. It stretches on 5,72 square kilometers and offers multiple coastal houses and private villas that can accommodate more than 60,000 residents. There are also residential buildings, hotels, marinas, and many entertainment zones.
Thanks to a network of roads, tunnels and public transportation such as the Palm Monorail getting to the area is quick and easy, and rail connections include free parking at the base of The Palm with parking at Atlantis, The Palm and Nakheel Mall.
Palm Jumeirah offers every type of property from apartments, villas, townhouses, penthouses and land plots to gated complexes and communities.
Business Bay
The territory of 6 square kilometers in the centre of Dubai is called Business Bay. It is located in the proximity of the most popular landmarks of Dubai. The area abounds with leasehold and freehold zones, which makes real estate here affordable and highly profitable.
Business Bay is still in the process of development. According to the developers` plan, it will consist of approximately equal numbers of residential and commercial properties, and 60% of mixed used buildings.
One Business Bay is a 35-story skyscraper that occupies a prime location in the development at the north entrance of the neighborhood and only 3 minutes from the Business Bay Metro station. Nearby are the Dubai International Financial Center (DIFC) and Emirates Towers.
DubaiLand
Everyone knows DisneyLand, but have you heard about DisneyLand in the Middle East? We speak about the popular neighborhood DubaiLand. Being under construction, the area is planned to host skyscrapers, villas, hotels, and other types of properties. The most important attraction is a large number of entertainment and recreational areas, as well as tourist facilities.
Emaar Beachfront
Emaar Beachfront is one of the most expensive and stylish neighborhoods of Dubai. There will be 27 skyscrapers with more than 10,000 units for rent and sale. There will also be numerous hotels, restaurants, entertainment venues and yacht clubs.
Emaar Beachfront is potentially a full-fledged luxury gated community with the entire necessary infrastructure for life and leisure, including medical facilities, schools and kindergartens. Moreover, Emaar Beachfront is an attractive investment site for different market segments.
On the whole
Purchase of real estate in Dubai is a reasonable investment in a successful future. Emirates.Estate offers a wide selection of beneficial housing units to suit any taste and money. Do not hesitate to explore the world of affordable properties in the most famous emirate of the UAE.
