3 Affordable Neighborhoods to Invest in Dubai in 2021
Dubai is arguably one of the best cities for real estate investment. It has a wide range of real estate projects for investors and growing rental demand. Regardless of the investment chosen, it is important to choose the location. What are the most interesting areas to invest in Dubai in 2021 with a small budget?
Today, we will share with you three future and affordable neighborhoods to invest in Dubai in 2021. As a bonus, we have highlighted the best residences in each area.
Jumeirah Village Circle is an affordable, family-friendly community located in the heart of Dubai. This is a peaceful community with the latest amenities and home to over 2000 luxury villas and exclusive townhouses.
It is a great place for families as it has two international schools, a community center, clubs and medical facilities. If we add to this the competitive prices of properties, this is one of the best areas to invest in Dubai in 2021. Also, the rental yields of real estate are very interesting.
The best residences in JVC
The Square Tower
The Square Tower is a magnificent residential development. These apartments offer a magnificent panoramic view of JVC. The project has 37 floors with fully furnished studios and apartments with inspiring design. You can invest in it for only € 103,979.
The Elysée by Panthéon masterpiece was designed with the elegant and modern aesthetic preferred by many city dwellers. The community will offer 268 residential units and commercial space on the ground floor. Starting rates start at € 115,975 for a studio with a five-year payment plan.
Signature Livings is the first solar-powered residential apartment building in Dubai. This residence is not only financially viable but also environmentally sustainable. As for prices, studios start at € 124,422, with a rental guarantee of 21% over 3 years.
Town Square is one of the new communities close to Expo 2020 that has attracted the attention of major investors. It is a mega residential development that offers townhouses and apartments in a family-friendly community. Located at the intersection of Emirates Road and Al Qudra Road, Town Square is ideally located for easy access to other areas of Dubai.
With a diverse real estate offering, Town Square is one of the best areas to invest in Dubai in 2021. This is due in particular to its relatively low prices. Over the years, this community has evolved into a sought-after residential address.
Investing in Town Square: Choosing the UNA residence
If you aspire to a collaborative urban hub with a trendy environment, UNA is for you. This residence is perfect for anyone who wants to celebrate and live in a new era of efficiency and productive urbanism. Moreover, no similar project has yet been delivered in this community.
You can invest for €103,000. In addition, for this project, a notary fee is offered.
Jumeirah Lakes Tower (JLT)
Investing in Jumeirah Lake Towers means acquiring a property in a community located in the heart of new Dubai. Just like Dubai Marina, JLT is a well-connected mix between a relaxing seaside community and a popular business center. The main difference is that these properties are offered at a much lower price.
Jumeirah Lake Towers is a thriving multicultural area, populated by expats from all corners of the world, many of whom are young. Added to that, the community is close to Sheikh Zayed Rd and popular business hubs such as Dubai Marina, Media City and Internet City. In short, JLT is both a thriving business center and an excellent community to reside in.
Investir à JLT : Choisir Golf Views
Golf Views is part of a 5-star residential and commercial complex. This residence offers several types of luxury residential apartments, ranging from studios to three bedrooms fully furnished with luxury finishes. Added to this, each apartment offers a layout optimized for your comfort, with a large balcony and panoramic views.
The starting price of the studios is 89 999€, with net profitability between 8.8 and 9.6%.
3 promising and affordable neighborhoods to invest in Dubai in 2021
This concludes our selection of the three future and affordable neighborhoods to invest in Dubai in 2021. Jumeirah Village Circle, Town Square, or Jumeirah Lake Towers; these neighborhoods offer different options for investors. These residences offer a strong return on investment, as well as many amenities for families.
Contact our professionals if you want to have more investment opportunities in these neighborhoods or in different segments!