In addition to business, Dubai's real estate industry also offers opportunities. The strategic location of the emirate serves as a focal point for the Asian, African, and European markets. That is why millions of tourists and investors flock to the emirate every year. Despite the pandemic, experts reveal that this is the best time to make investments in Dubai. Here are the best places to make real estate investments in Dubai.
Dubai's Best Investment Areas
Dubai Marina is one of the most popular places for real estate investments in Dubai. This area is home to affordable apartments up to luxurious villas. Its location also provides access to various restaurants and shops, allowing you to soak up the Dubai lifestyle.
According to Bayut's study, they found that more and more tourists and expats are inquiring about properties here. So it is important to start buying properties here for a long-term investment.
The Palm Jumeirah is another great place to make investments in Dubai. Palm Jumeirah is known as the world's first artificial island. This title alone attracts the attention of thousands of investors around the world.
Today, it prides itself on amazing projects such as Palm Beach residences, apartments, luxury villas, hotels, and resorts. Here you will find a stronger demand for the purchase of the real estate.
Arabian Ranches are another great place for real estate investments in Dubai. If you prefer to invest in high-end luxury properties, then Arabian Ranches is perfect for you. This place takes advantage of Dubai's desert landscape to create a quality golf course.
It is also close to the iconic Burj Khalifa, Dubai Polo and the Equestrian Club. This area is popular with investors for on-plan real estate investments. If you prefer to invest in cheaper and more flexible real estate projects, opt for plan properties in Arabian Ranches.
Jumeirah Village Circle
If the Palm Jumeirah is not your cup of tea, you can invest in Dubai in the Jumeirah Village Circle. Located in the heart of the city, this serene village offers an astonishing number of 2,000 luxury townhouses and exclusive villas.
Investing in this region is perfect if you want to target a family clientele. It has access to amazing medical facilities, community centers, clubs and international schools. In addition, it is also close to Dubai Marina and Jebel Ali. Its strategic location and promising amenities offer excellent real estate yield.
If you want to invest in a place where it offers quality entertainment, leisure and sports, then Dubailand is perfect for you. Dubailand competes with The Dubai Lifestyle City and Mudon. Its location is very popular with tourists, making it a perfect place for real estate investments in Dubai.
Most investors buy apartments or condominiums, townhouses, villas, and turn them into Airbnb rental units. We recommend investing here right now, as long as the pandemic is not over. You can benefit from lower costs. The best part? You can turn it into a passive income as soon as Expo 2020 Dubai resumes next year!
Also known as the "Center of Now”, Downtown Dubai is another great place for Dubai investment buildings. Its location is close to the infamous Dubai Mall and Burj Khalifa. It offers luxury apartments in the city itself.
If you opt for the purchase of affordable apartments, you can also go to Oldtown. Although the investment required to buy a property here is quite high, you can also make a deal in the secondary real estate market.
So what are you waiting for? Do not miss this opportunity to start making real estate investments in Dubai! Take advantage of cheaper real estate market prices, flexible payment terms, and huge discounts! Start searching for your real estate here!