Dubai is undoubtedly a fast-growing city inviting investors in the real estate market. If you are someone who has plans to invest in property buying, you must know where exactly to buy one and this solely depends on the need and dream of property you have in mind. This may vary from residential, luxury and commercial purposes.
This chapter in the buyer’s guide will assist you with where and how to buy properties in Dubai assuring a promising ROI over time.
Dubai Marina
Dubai Marina is one of the most prestigious waterfront communities in the city, The location is known for its eventful living, aesthetic and modern infrastructure, accessibility to the nearest and famous locations in Dubai, and of course for its high-end residential towers. The impressive skyline the city holds even gave it a nickname ‘The tallest Block in the World’.
Key Features:
- You will find multiple types of property options in the region, spanning from residential, commercial and hotel properties.
- The Dubai Marina Walk is a major attraction in the area and it features a 3.5 km long canal promenade.
- The area is home to the famous Dubai Yacht Club and very renowned restaurants, assuring your evening in the area will be calming and promising
- The area might not be for all but very ideal for investors seeking high rental yields and premium living
Location:
- Main Road: Sheikh Zayed Road
- Developer: Emaar Properties
Popular Residential Towers:
- Damac Heights
- Princess Tower
- Marina Gate
- Pasrk Island
- Bay Central
Property Types and Prices:
The area demands a high investment according to the property and developers and this can span from an average of the following:
Property Type | Average Sale Price | Gross Rental Yield |
Apartment | AED 2,649,124 | 6.62% |
Villa | AED 6,966,667 | N/A |
Downtown Dubai
The heart of Dubai lies in the Downtown Dubai. The fast-growing interest and development projects have made the area a hot spot amongst investors. One major reason is the city is home to iconic landmarks such as Burj Khalifa, Dubai Mall, and Dubai Fountain. The name itself calls out for the luxury living the area demands and you shall find extremely luxurious, high-end properties including apartments, penthouses, and townhouses in the region.
Key Features:
- The location is the hub and heart of most modern Dubai and the area has access to high-end and latest world-class amenities
- The area is always listed for high capital appreciation due to the demand, you will have to wait for days, weeks, and months to get an opening for property sale in the area.
- If you are someone who loves an ultra-modern and extremely sophisticated lifestyle you can find what you are looking for in this area, you will find it very close to major entertainment and shopping destinations in Dubai.
- The area is definitely for people with no budget limit in property investment and in return what you receive is long-term growth opportunities in property value
Location:
- Main Road: Sheikh Zayed Road
- Developer: Emaar Properties
Popular Residential Towers:
- Burj Khalifa
- Burj Royale
- Opera Grand
- Binghatti Mercedes Benz
- Burj Crown
Property Types and Prices:
Property Type | Average Sale Price | Gross Rental Yield |
Apartment | AED 3,570,373 | 6.01% |
Palm Jumeirah
Palm Jumeirah is the most iconic location in Dubai. The artificial island is shaped like a palm tree and is unquestionably one of Dubai’s most exclusive residential areas. The location offers multiple beachfront villas, luxurious apartments, and high-end townhouses. The location is already a favorite of billionaires and celebrities from all around the world, and who knows your property might be next to be with an iconic personality in the world.
Key Features:
- The area boasts an exclusive waterfront lifestyle, offering access to the beach and waterfront from the properties.
- Owning a property in the area comes from the benefit of exclusive and private-only access to beaches, marinas, and world-class resorts
- The land is home to luxury hotels and the most modern and aesthetically winning property architectures
- Investing to own a property in the location is an invitation to excellent investment potential with high appreciation value
Location:
- Main Road: Jumeirah, Persian Gulf
- Developer: Nakheel Properties
Popular Residential Towers:
- Azizi Mina
- Ellington Beach House
- The 8
- FIVE Palm Jumeirah
- Seven Palm
Property Types and Prices:
Property Type | Average Sale Price | Gross Rental Yield |
Apartment | AED 9,347,808 | 5.73% |
Villa | AED 37,059,579 | N/A |
Business Bay:
Business Bay is a fast-growing mixed-use district in Dubai. The location is a popular choice among professionals due to its proximity to major business hubs. You will find a combination of residential and commercial towers and investing in either of them according to your choice and budget gives you excellent investment opportunities with assured growth in the ROI over time.
Key Features:
- Business Bay is easily accessible to and from Downtown Dubai
- You will find a perfect blend of high-rise apartments and commercial spaces in the area
- Transportation links easily to the metro
- The area is undoubtedly one of the highest rental yields in Dubai
Location:
- Main Road: Sheikh Zayed Road
- Developer: Dubai Properties
Popular Residential Towers:
- Zada Tower
- Paramount Tower Hotel & Residence
- SLS Dubai Hotel & Residences
- Aykon City Tower B
- Reva Residence
Property Types and Prices:
Property Type | Average Sale Price | Gross Rental Yield |
Apartment | AED 2,148,771` | 7.07% |
Dubai South:
Dubai South is a large, master-planned city in Dubai. Once a land with not much property value has found its boom in the market with the announcement of the latest Al Maktoum International Airport Project. The area slowly found its market value pace and has primarily sought a location to invest in properties in Dubai. The area has a mixed-use development that includes residential, commercial, logistics, and aviation districts. It is also home to the Dubai Airshow.
Key Features:
- The location very adjacent to Al Maktoum International Airport, with easy access to major highways.
- The area spans around 145 square kilometers.
- The distinct major includes residential, commercial, logistics, aviation ans other specialized zones
- You get a wide range of amenities, in the area easily accessible which includes schools, hospitals, shopping malls, and entertainment venues.
Developers:
- Dubai South
- Emaar Properties
- Dubai Properties
The Property Towers:
- The Pulse
- Emaar South
- South Bay
Property Type:
- Apartments
- Villas
- Townhouses
- Commercial Properties
Average Sale Value and ROI:
Data on average sale values and ROI can vary significantly depending on the specific property type, size, and location within Dubai South. It is best to consult with local real estate agents or refer to property market reports for the most up-to-date figures.
What Must You Keep in Mind:
- Dubai South is a freehold area, meaning that foreign investors can own property outright.
- The area is expected to be home to over 1 million people once fully developed.
- The location is a major economic hub, with a focus on logistics, aviation, and other industries.
Arabian Ranches:
Arabian Ranches is a family-friendly, gated villa community in Dubai. The location offers spacious homes and a tranquil lifestyle. If you are considering relocating to the city with your family or looking for a property where you can stay during your visits, Arabian Ranches offers an ideal investment opportunity. The area is known for its family-friendly environment, spacious homes, and excellent amenities, it is a great choice for both permanent relocation and a comfortable getaway for family visits.
Key Features:
- Main Road: Sheikh Zayed Bin Hamdan Al Nahyan Street
- Developer: Emaar Properties
Popular Residential Areas:
- Al Reem 2
- Alma 2
- Terra Nova
- Alvorada 2
- Palmera 2
Property Types and Prices:
Property Type | Average Sale Price | Gross Rental Yield |
Villa | AED 6,570,771 | 4.53% |
These are a few randomly selected areas in conversation with the current real estate investment properties. You have multiple opportunities apart from this and if you are looking for mortgage options to buy a property in the area, You can refer to the chapter Mortgage Options to invest in properties in UAE.