Table of Contents
Overview
Dubai has a vast real estate market with a very broad spectrum. It is known for its luxurious lifestyle and impeccable infrastructure, making it considered one of the world’s most popular destinations for real estate investment.
However, finding investment with such a wide variety of options is not an easy task to do, and for such a purpose, experienced real estate consultants in Dubai can prove to be a helping hand by providing valuable insights into the market for those who want to invest in Dubai’s real estate market.
The below article will help you to choose a better investment plan & the location to amplify your profits in Dubai’s prospering property market, no matter what your degree of involvement.
Downtown Dubai
Downtown Dubai, home to Burj Khalifa, is among the top 10 leading locations for property investments in Dubai and is -famous for its stunning skylines.
Downtown Dubai offers a variety of leisure options, such as chic restaurants, high-end shopping malls, water parks, and the stunning Burj Khalifa, which provides luxury living and money–making opportunities for real estate investors.
Location
It’s located on the Financial Centre Road & ideally connected with Sheikh Muhammad Bin Rashid Boulevard.
Prices
| Property Type | Average Price (AED) |
| Studios | 1,250,000 |
| Apartments | 1,800,000 |
| Villas | 2,950,000 |
| Penthouses | 4,300,000 |
Dubai Marina
Dubai Marina is an appealing prime location with a stunning waterfront like Dubai Marina Mall, Dubai Marina Yacht Club, and much more. It is a commercial spot for property investors.
Moreover, because of its marina experience, the investors get the benefit of an impressive rental turn out. Dubai Marina’s investor-friendly freehold policies for foreigners, its luxuries, and its well-formed infrastructure make it a profitable investment target.
Location
It’s located near Palm Jumeirah, on Sheikh Zayed Road, Dubai.
Prices
| Property Type | Average Price (AED) |
| Studios | 870,000 |
| Apartment | 1,333,000 |
| Villas | 22,900,000 |
| Penthouses | 3,600,000 |
Palm Jumeirah
Palm Jumeirah is an artificially manufactured and Dubai’s most recognizable island. The place holds an exceptional reputation because of its luxurious apartments, lifestyle, and facilities to spend a quality of life.
The Palm Jumeirah is very popular among investors and home buyers because of its scenic waterfront views and the high return on investment of about 8-10% due to its strong rental turnouts.
Location
It’s located off King Salam Bin Abd El Aziz Al Saud, Dubai.
Prices
| Property Type | Average Price (AED) |
| Studios | 1,500,000 |
| Apartment | 4,350,000 |
| Villas | 5,000,000 |
| Penthouses | 5,000,000 |
| Duplexes | 11,500,000 |
Business Bay
One of the most well-known commercial real estate investment districts in Dubai is Business Bay.
It is home to numerous businesses, such as hotels, retail establishments, and workplaces. Business Bay is an excellent location to make investments in business real estate due to the region’s present high demand for space.
Location
It’s located on Sheikh Zayed Road, Dubai.
Prices
| Property Type | Average Price (AED) |
| Studios | 870,000 |
| Apartment | 1,333,000 |
| Villas | 22,900,000 |
| Penthouses | 3,600,000 |
Meydan Community
Meydan Community is an emerging community in Dubai that focuses on sustainability and an eco-friendly environment.
The main focus is to establish green spaces along with residential and commercial features to make it a desirable property hub. It provides a high-end living experience and promises money returns to its investors because of its growth potential and effective property prices.
Location
Mohammad Bin Rashid Al Maktoum City (MBR) a.k.a Al Merkadh.
Prices
| Property Type | Average Price (AED) |
| Studios | 869,888 |
| 1 Bed | 1,590,000 |
| 2 Bed | 2,500,000 |
Blue Water Islands
Blue Water was the newest landmark created in 2018. Bluewaters Island is a modern mixed-use neighbourhood that comprises residences, retailers, and parks for relaxation.
The centerpiece of the lifestyle attraction, which features over 200 shopping and dining options, is the world-record-breaking Ain Dubai Ferris wheel which features a breathtaking view of Dubai and is also famous as the world’s largest observation wheel.
The property on Blue Water Islands is in high demand because of its fascinating water views and being so close to the famous landmarks.
Location
Bluewater Bay is located on Bluewaters Island a.k.a Marsa Dubai
Prices
| Property Type | Average Price (AED) |
| 1 Bed | 4.2 Million |
| 2 Bed | 7.1 Million |
| 3 Bed | 10.5 Million |
| 4 Bed | 19.1 Million |
| Duplex | 54 Million |
| Penthouse | 54 Million |
Jumeirah Village Circle
Jumeirah Village Circle covers an area of around 870 hectares and houses over 80,000 people, is one of Dubai’s fastest-growing communities. Investors are starting to take an interest in this lively location because of its peaceful setting and family-friendly vibe.
Developed in 2005, this community is well-known for its huge open spaces and mid-rise buildings which provide stunning landscapes across the entire community.
It also comes with a variety of unit kinds, so you can choose the one that works best for you. Moreover, the community offers support for all the need for a comfortable living environment.
Location
It’s located on Al Khail Road, Dubai.
Prices
| Property Type | Average Price (AED) |
| Studios | 460,000 |
| Apartment | 749,999 |
| Villas | 2,100,000 |
| Penthouses | 1,950,000 |
Arabian Ranches
Luxurious villas and apartments may be found in the private neighbourhood of Arabian Ranches, which is family-friendly. Offering a wide range of substitutes and communities, it’s one of the best places in Dubai to purchase a villa or townhouse.
These consist of covered parking, communal swimming pools, privately maintained gardens, areas for barbecues, and professional protection.
One of the main roads in the city, Sheikh Zayed Mohamed Bin Zayed, is easily accessible from Arabian Ranches.
It’s the perfect place for the greatest real estate investment in Dubai because it’s close to educational institutions and tourist destinations like Dubai Miracle Garden and Dubai Autodrome.
The expected ROI in Arabian Ranches is around 4.99%.
Average Bedroom Price Range
The average asking price for 3-bedroom villas in Arabian Ranches is AED 3M.
The average cost to buy 4-bedroom homes for sale in Arabian Ranches is AED 4.7M.
An opulent and airy 5-bedroom house for sale in Arabian Ranches costs AED 5.9M on average
Luxurious 6-bedroom villas for sale in Arabian Ranches will set you back AED 9.7M on average.
Location
It’s located on Sheikh Zayed Bin Hamdan Al Nahyan Street, Dubai.
Prices
| Property Type | Average Price (AED) |
| Studios | N/A |
| Apartment | N/A |
| Villas/Townhouses | N/A |
International City
Many immigrants who are considering an extended stay choose International City since it is an eminent location to live.
The main contributing aspect is the affordable prices and excellent value offered by the flats and villas. In Dubai, this is the greatest real estate investment.
The area of International City is more than 8.2 km square. The property’s value is increased by having the inclusion of every required convenience, making it a great choice for investors. The project’s desirability is further enhanced by its 7.5% return on investment (ROI). It is expected that the ongoing building of the Metro Line will have a positive effect on area property values.
Location
It’s located on Al Awir Road, Dubai.
Prices
| Property Type | Average Price (AED) |
| Studios | 322,500 |
| Apartment | 799,999 |
| Villas | 1,499,999 |
Jumeirah Lake Towers
Jumeirah Lake Towers (JLT) is designed for people who prefer to live in high-rise structures. This neighbourhood offers excellent value for your money in the form of reasonably priced luxury flats.
Investing in Jumeirah Lake Towers has a 6.82% return on investment. A wide range of restaurants, bars, and leisure services, such as fitness centres, gyms, and swimming pools, are available to residents.
You will also enjoy the lovely views of the surrounding nature because the community has an enormous park called JLT Park.
Jumeirah Lake Towers draws a lot of investors since it is a safe and profitable option. Here, residents can access a wide range of dining establishments, lively bars, and sports facilities like fitness centres, gyms, and swimming pools.
Location
It’s located opposite Dubai Marina, on Sheikh Zayed Road, Dubai.
Prices
| Property Type | Average Price (AED) |
| Studios | 550,000 |
| Apartment | 1,437,500 |
| Penthouses | 2,200,000 |
| Duplexes | 700,000 |
Damac Hills 2
DAMAC Hills 2, formerly known as Akoya by DAMAC, is a promising choice for buying villas in Dubai.
It’s the perfect spot for a residence because of the amazing markets, restaurants, beaches, and emerging attractions. There are lots of possibilities in this neighbourhood for investors seeking to buy luxurious villas or apartments in the Damac Hills 2 boasting a strong 4.9% return on investment (ROI).
The peaceful community’s eco-friendly lifestyle makes it popular for both residents and investors. It’s the first private green neighbourhood in Dubai.
Being among the most affordable areas to purchase real estate in Dubai at the moment is yet another cause why investors are drawn to DAMAC Hills 2, which is unexpected considering how close the Expo 2020 site is to the area.
Location
It’s located off Jebel Ali – Lehbab Road, Dubai.
Prices
| Property Type | Average Price (AED) |
| Studios | 325,000 |
| Apartment | 749,000 |
| Villas/Townhouses | 1,100,000 |
Dubai Hills Estate
Dubai Hills is among the most popular areas to buy villas in Dubai. In 2012, Emaar Properties unleashed this tremendous residential project. It is located in the middle of Dubai and offers a luxurious experience of premium living villas, townhouses, and apartments.
Its central location allows buyers and residents easy access to major road networks like Dubai Marina and Downtown Dubai, a key feature that enhances its appeal and continues attracting investors to Dubai Hills Estate.
The return on investment (ROI) in Dubai Hills Estate is 5.28%
The area’s spacious 18-hole golf course and lush green landscapes with a family-friendly neighbourhood make it attractive for investors looking for long-haul development and high rental interests.
Location
It’s located on Al Khail Road, Dubai.
Prices
| Property Type | Average Price (AED) |
| Villas | 1,350,000 |
| Duplexes | 2,052,000 |
Conclusion
Dubai’s real estate market has a lot to offer to almost everyone, be it a first home buyer or someone who wants to invest for growth purposes. Dubai’s strategic location, world-class infrastructure and business-friendly environment make it an ideal investment location for locals as well as foreign buyers.
However, searching for an appropriate consultancy for investment can be daunting, but i can be eased with the guidance of an experienced real estate team.
Let Prostar Realty assist you in your investment journey of finding the ideal investment opportunity.
While all of Dubai is amazing and everyone has a personal choice. From an investing standpoint Palm Jumeirah is the best location, followed by Downtown Dubai, Arabian Ranches, and Dubai Marina.
Palm Jumeirah, DAMAC Hills 2, and Dubai Hills Estate are considered the fastest-growing areas for residential investment in Dubai.
Location, property type, rental yields, possibility for capital appreciation, and the developer’s reputation are all important considerations. To make wise investment decisions, it evaluates supply and demand, market trends, and economic circumstances.
In Dubai, residential homes typically yield a return on investment of between 5-7% and 7-9%. The rental yields of homes in different Dubai areas serve as the basis for these figures.
