Dubai is undoubtedly the most happening city. The reasons that make it an attractive destination to buy property in Dubai for investment is the vast scope of development, diverse culture, great public facilities, low to no taxes and unlimited prospects of growth. Dubai is known for its luxurious yet affordable properties that have witnessed a 21 per cent growth during the first ten months of 2021. Here are some of the best locations to buy property in Dubai:
Dubai Marina- Best Place To Buy Property In Dubai
It is a wonderful place for those looking to invest in a residential unit as it is a preferred choice and definitely a must buy property in Dubai for most buyers. It is also good from the investment point of view due to its waterfront and high demand. This place is like a cocktail of villas, apartments, enticing dine out points, and retail outlets for one to indulge.
Jumeriah Village Circle
According to Gulf News, it has been a popular community that remained buyer’s favourite in 2021. It lies close to Dubai Marina, JLT and Internet City and features mid-range to affordable properties. It is considered to be one of the most reliable locations in the affordable luxury segment. It is constantly being developed, offers apartments and luxury villas at competitive prices alongside medical facilities, community centres, schools as well as a high return on investment.
Downtown Dubai- Best Place To Buy Property In Dubai
Spread across 500 acres of land, this bustling place is full of excitement and amazing places to visit like the Burj Khalifa, Dubai mall or Dubai aquarium and underwater zoo. The property prices are on the higher margins with an average price of AED 1.5M for a one-bedroom apartment. The demand for this location is ever-increasing for its proximity to major attractions around the city.
Business Bay- Best Place To Buy Property In Dubai
Brimming with youthful exuberance, this place has an abundance of residential and commercial complexes overlooking the Burj Khalifa with freehold areas where foreigners have the liberty to buy or rent properties in Dubai. It is a good option for working professionals given its proximity to several business houses as well as those looking to invest in commercial spaces.
Palm Jumeirah
An investors’ paradise and one of the most reliable places for investment in Dubai, it is situated at a beautiful location with a significant number of infrastructure projects on the block. Having been known for its ultra-luxury residential properties, it continues to be a leading choice for buyers as property prices have seen a steady and impressive appreciation over the years.
These are a few of the top picks for you to think about before investing in the Gulf’s most influential city. You can reach out to our agents– they will guide you through your journey to find the best location in Dubai by putting all your investment-related queries to rest. Reach us at +971 4 547 6665.
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