Five most popular communities in Dubai for Investors is a comprehensive guide to your next investment. Whether you are looking for villa life, townhouse living, or waterfront luxury, Dubai offers a plethora of real estate investment options. Above all, the Emirate offers some of the most attractive rental yields globally, according to Savills consultancy in 2020. Investors’ interest in the property market has increased due to a number of factors. For instance, Dubai property is very cost-effective compared to other top markets across the world. Furthermore, the city abounds with unique cosmopolitan projects and futuristic developments of residential communities. Also, the upcoming Expo 2020 is only adding to the long list of investment opportunities for buyers.
Dubai’s property market – A buyer’s market
The market is growing steadier and more resilient in spite of the pandemic, indicating an increase in transaction volumes in 2021. However, with so many options available, and a long list of freehold communities for investors, it is important to choose the right area. This is important because it can impact the ROI you expect the property to generate. Five most popular communities in Dubai for Investors explores five of the most popular communities that have seen a surge in transactions from investors. We hope the guidelines will assist you in making the best choice with your next property investment in Dubai.
Five most popular communities in Dubai for Investors
Downtown Dubai
Downtown Dubai, “The Center of Now” is the ultimate hub for business and luxury in the city. Subsequently, it spreads across 500 acres and showcases some of the most luxurious futuristic apartments and penthouses. Being the most visited and most popular spot in Dubai, it brings a higher value for the property. The trendy neighborhood has a growing demand for the secondary market and is famous for generating a high return on investment on rental payments. Therefore, we picked Downtown Dubai as the ideal, number one option for your next investment.
Contemporary skyscrapers are a distinct feature of the area. Spacious layouts and high-end finishes dominate the theme of Downtown residences. Units boast great views and floor plans, large balconies, fitted kitchens, master bedrooms, and private parking.
Rental Trends
Popular buildings for rental options include The Residences, Boulevard Point and Opera Grand. For instance, Burj Al Najoom offers the best options for studios with balconies, ranging from 450 sq. ft. to 560 sq. ft. However, the famous Burj Khalifa ranks first for rental preference. It is highly in demand for two-bedroom rentals, with an estimated annual rent price of AED 160,000 to AED 190.000. For example, the luxurious flats cover up to 1,800 sq. ft. in the tallest building in the world. Residing at Burj Khalifa is a statement of luxury itself.
Annual rental yield varies according to property type. For instance, a studio is likely to fetch 5.9% ROI, a two-bedroom or four-bedroom flat 4.7 %. A five-bedroom apartment could generate a 4.1% ROI.
Madinat Jumeirah Living
Madinat Jumeirah Living is the ultimate prestige address for a new generation of investors and homebuyers. The exclusive freehold residential community offers splendid views of Burj Al Arab and is located right opposite the famous seven-star hotel. Community offers a range of elegant one-to-four-bedroom apartments, with contemporary design, premium finishes, and amazing views across the sea.
Furthermore, the buildings feature unmatched infrastructure and facilities, and will welcome you with a taste of “Old Souq”. For instance, Rahaal building has an impressive collection of 90 apartments offering a relaxed living ambiance. Also, homes offer direct beach access as well as basement and visitors’ parking.
Prices start at AED 1,300,000. Last but not least, the homes promise good capital appreciation potential and high ROI if leased as holiday homes.
Port De La Mer
Port De La Mer in Jumeirah delivers the most alluring waterfront residences along with majestic views of Jumeirah Beach and Dubai’s skyline.
The freehold master community is highly sought after and favored by investors for business opportunities. Furthermore, the great location highly contributes towards a safe, sustainable investment. Foreign investors can purchase homes here at ease and with the most attractive payment plans. Choose from an exclusive selection of one to four-bedroom apartments within a most private high-class community. Similarly, the development will also feature three to five-bedroom townhouses and penthouses, covering an area of up to 5,000 sq. ft. The community blends minimalist and contemporary design, with clean lines, a monochromatic color palette. Similarly, the design merges with the crystal blue waters and blue skies landscape, building a strong relationship with the natural space.
Dubai’s pristine coastline at Port de La Mer welcomes you with azure open seas and beaches. Prices start at AED 1,300,000
Dubai Hills Estate
Emaar and Meraas are joining forces in launching one of the most extravagant projects spanning across a glorious golf course at Dubai Hills Estate. With impeccable aesthetics in the architectural design, Dubai Hill is on its way to becoming the favorite choice for investors and homeowners. The community is growing fast and is attracting a high volume of ex-pats, professionals, and large families looking to settle here. Furthermore, state-of-the-art amenities are an additional feature to attract audiences. Proximity to Downtown and to Dubai’s financial hub makes commenting easy and accessible for residents.
The community offers a haven of benefits. That is why investors find it so appealing. For example, villas come with a high level of comfort, views of nature, and ultimately high quality of living standards.
Selling Trends Dubai Hills
Dubai Hills Estate is definitely one of the five most popular communities in Dubai for Investors. Also, is one of the greatest locations to rent luxury villas. 2,000 villas and thousands of apartments populate the community and offer high living standards. Properties are available in one-to seven-bedroom configurations and even include residential plots.
Starting price for a three-bedroom villa is AED 1,900,000 and AED 1,500,000 for a two-bedroom apartment. A one-bedroom apartment in Dubai Hills can generate up to 5.2% ROI. A four-bedroom unit comes in close at a 4.9% rental yield. Similarly, three-bedroom villas can fetch up to 5.1% ROI, while a four-bedroom villa can reap a 4.8% return on investment.
Dubai Creek Harbour
The splendid new island district of Creek Harbour combines innovation and design in a wonderful integrated waterfront living community. Bringing you cultural and entertainments activities in a setting full of lush gardens is reason enough to invest here.
The area is ideal for families with kids, as well as working professionals. Also, it is close to major business hubs in Dubai. Choose between a collection of one-to-four-bedroom apartments with amazing views over the Dubai skyline. The master development is the embodiment of luxury living, combining some of the best-in-class real estate opportunities. Therefore, investors flock to the new area seeking substantial gains and high return on investment, in the new future.
Prices start at AED 1,600,000
