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Plots for sale in Dubai
Plots for sale in Dubai – the city has always been at the forefront of the exotic property market in the world and its charms attract investors from all corners of the world. This results in a stable and appreciating investment over time. With the advent of EXPO 2020, the property market is strongly anticipated to escalate with sought after exotic properties already in short-supply
The city is thriving and expanding under our very eyes, and its residential territory is as vast and diverse, tailored to everyone’s needs. If you decide to invest in plots for sale in Dubai, it can turn out to be a very lucrative opportunity. Firstly, you buy the opportunity of building a residence according to your most personal vision and taste. Secondly, the value of land always increases over time, and with the limited number of Dubai plots, the appreciation in prices is on the increase. For example, well-established sought-after districts for buying plots are District one at MBR City, Jumeirah Golf Estates, or Emirates Hills.
Residential land for sale in Dubai
Due to the influx of investors and visitors to Dubai, the property sector transacted AED 350,290,000 worth of sales for 73 plots sold by the end of September 2021. Furthermore, DLD reports also show a top transaction worth AED 59,500,000 for a plot in Al Thanaya Fourth. Similarly, a land parcel sold in Al Qusais First, during the same quarter fetched AED 32,860,000. Particularly in the exclusive, upcoming neighborhood of Jumeirah Bay Island, the value for land has doubled in price in the last 14 months. Developers usually regulate the plot prices based on the gross value of the land development and the value of the finishing product upon sale. For instance, value is analyzed on the rate per square foot of GFA – gross floor area, per proposed construction, as well as the quality of infrastructure around it.
When you dream to live in a custom-built home exclusively designed to meet your taste, plots for sale in Dubai are available. A large variety of sizes will be a good match for your needs and budget.
Freehold land
Freehold plots are land parcels that you fully own, as opposed to leasehold land or non-freehold plots. There are certain areas where foreigners cannot buy land in Dubai, such as Al Barsha, Mirdif, or Umm Suqeim. These areas are only open to GCC nationals for investment. Furthermore, leasehold land is the land you can lease out and which has a tenure attached to it. However, the good news is, most residential and commercial plots in Dubai are freehold where you can purchase on a 100% ownership basis. There are endless possibilities to custom-build your villa or mansion and develop the land with full approval from Dubai authorities. The common trend in Dubai is to invest in ready property or off-plan. However, freehold residential land is a very attractive option for many investors looking at long-term capital gains and value increase over time.
You can buy freehold land in Dubai in many high-end residential communities. For instance, plots for sale in Dubai are available in Dubai Hills Estate, Palm Jumeirah, La Mer, or Damac Hills, to name but a few.
Jumeirah Bay Island
Building your next home at this prestigious address will ensure the best settings and a plush environment with bespoke surroundings.
This tiny seaside haven is all about luxury living. The gated community hosts a limited luxury collection of 68 freehold VIP villas/townhouses. Moreso, the development sits at the very center of the island on elevation level. The man-made island stretches an impressive six million square feet off the coast of Jumeirah, opposite the Four Seasons Hotel. Jumeirah Island takes the shape of a giant seahorse, glowing across the turquoise waters of the Arabian Gulf. Therefore, it is most likely it will be one of the most exclusive island communities.
If you are looking to buy land here, the prime location offers plots up to 35,000 sq. ft. for majestic homes with garden space and surrounding sea views near the Bvlgari Residences and marina.
Prices start at AED 32,000 ,000 for 17,000 sq. ft.
Palm Jumeirah
The largest man-made island is one of the most sought-after developments when it comes to properties and land for sale. The allure of Palm Jumeirah continues to attract elite investors who seek high-end properties, exclusivity, and privacy amid the most beautiful surroundings of the sea. Plots in Palm Jumeirah guarantee a good investment opportunity, due to its ideal location and shorter supply. Plots are available right on the beach, boasting Marina skyline views, Atlantis or Burj Al Arab views. Furthermore, you have a choice of land situated on the fronds or the crescent, where you can build your dream home. For instance, a villa or mansion, with direct beach access. Plots come in various sizes from 7,000 sq. ft. to 620,000 sq. ft., with residential or hotel approval for construction.
Prices start at AED 15,000,000 for a 7,000 sq. ft. plot.
Damac Canvas Plots
Limited edition plots range from 7,400 to 24,000 sq. ft. in exclusive cluster areas. The plots are available in various configurations. Therefore, the opportunity to build your unique dream home as per your personal style is unmissable. You might wake up and find yourself right next to the Trump International Golf Club, taking in the lush green sights. Furthermore, an attractive four-year payment plan can signal the start of a very promising investment in a prime location. You can redefine your own concept of comfort and authentic living, at your own pace. And so, you will witness your customized home taking shape over your land area.
Prices start at AED 4,600,000.
District One
If you can envision custom-made living spaces, then you can create them. For sure, living here will change the dynamics of your everyday living experience for the better. Therefore, you can choose a team of architects to assist you with your concept and vision, bringing your dream to reality. Having your own plot to build on, lets you personalize everything down to the smallest detail. For sure, you will enjoy crafting around your choice of design and style. Furthermore, you can build your villa or mansion to overlook the crystalline water at the lagoon or the lush greenery across the community.
The plots stretch from 15,000 to 22,000 sq. ft and the selling price starts at AED 12,500,000. The plot comes with permission to build a three-level villa, to include a basement, ground, and first floors.
Dubai Hills Estate
Dubai Hills View houses some of the most opulent mansion villas plots in Dubai. With surrounding breathtaking views of the golf course, lush green, and the Dubai skyline, it is a dream location.
The villas will be offered shell and core so that buyers can build and design their homes following certain guidelines from the developer. There are 76 mansion plots where buyers can erect seven and eight-bedroom mansions across three levels. Furthermore, these mansions will cover from 35,000,000 sq. ft. to 42,000,000 sq. ft., featuring seven and eight bathrooms and a maid’s room.
Fairway Vistas in Dubai Hills Estate are overlooking the beautiful 18-hole golf course. The lavish homes in Fairway Vistas by Emaar have awe-inspiring settings. You will have the choice to build spacious six- and seven-bedroom villas with high-quality finishing and stunning views of lush green gardens. Plots range in size from 11,000 sq. ft to 20,000 sq. ft.
Plots come with construction approval from RTA, Emaar, and Dubai Municipality
Prices start at AED 8,500,000