Best 5 Places you can invest in Dubai
Are you looking to invest in Dubai? The region is one of the wealthiest cities in the world that attract investors globally. Here’s where to invest, considering that the Dubai investment real estate value is increasing in the next few years.
The 5 Best Places for Investors in Dubai to Buy Property
Dubai ranks as one of the top 10 cities with the highest value worldwide. Its diverse economy comes from transportation, business, tourism, and finance, making it one of the richest cities in the world. The property market in Dubai is set to rise in 2022 due to an increase in property prices, sales, and rent. Investors in Dubai are also looking to sell their properties to keep up with the current real estate market. If you want to invest in Dubai , this is the perfect time. However, you need to know the most lucrative places that will generate wealth in the future. That’s why we have created this article to inform you of the best places to invest in Dubai..
Downtown Dubai
Downtown Dubai, also known as the center of now, is a hotlist for investors because it is home to the country’s newest technological and economic developments. Luxury apartments are spread over the 500-acre land, increasing value faster than in other areas.
Home to the Burj Khalifa, Souk Al Bahar, and The Dubai Mall, Downtown Dubai’s appeal will last for years to come. The luxury apartments in the area allow tourists to live near and view the Burj Khalifa (the most visited attraction in the world).
High prices in Downtown Dubai shouldn’t scare you from investing due to the solid secondary market. According to Wagner, you can expect an ROI of 7 to 9 % when investing in a Downtown Dubai apartment.
Why invest in Downtown Dubai
- It’s one of the most popular locations for high-net individuals to rent since 2017.
- It provides a view of the Burj Khalifa with its high-rise apartment buildings.
- It is one stop away from Business Bay hence perfect for people who work there.
Palm Jumeirah
Real estate investors in Dubai find Palm Jumeirah a prevalent business destination due to its exclusive projects and classy location. The palm embodies the shape of a date palm with a trunk included, 17 folds, and a crescent. The artificial island is home to the wealthiest people who want to have fun. It is fast-growing with both luxury villas and apartments.
When you invest in Palm Jumeirah, you invest in a place that puts Dubai on the map and the best beachfront that gives people fun and comfort.
Why invest in Dubai – Palm Jumeirah?
- The pandemic improved the Dubai market with a 35.4% increase in the asking price for Palm properties.
- Luxury Amenities such as Five Palm Jumeirah and Atlantis Dubai hotels. Each hotel has its rooftop lounge and beach club to soak in the sunset. There is also no shortage of restaurants, making it attractive to many people.
- Due to its unique look, the Palm Jumeirah is a prime tourist attraction and a great holiday destination with endless fun activities.
- Previous investors in Dubai are seeing the fruits with properties selling up to Dh280 million for a 33,000 square foot home, which is the costliest deal in the city.
Dubai Marina
Third on this list is another waterside location with high-rise apartments, pavilion villas, and exquisite dining outlets; Dubai Marina. It is a favorite among investors because many people on business trips love residing in this location. Dubai Marina is also located near Dubai Media City and Dubai Internet City, with many business offices.
Dubai Marina is great for individuals and families because it has many villas and townhouses. The ROI on Dubai Marina is approximately 5.80% hence a wise investment opportunity for you.
Dubai Creek Harbor
Dubai creek integrates luxury and comfort with breath-taking views of the ocean and tall buildings. The massive development has residential, retail, and commercial spaces for investment, making it a great entry point to real estate. So, you’ll get high capital appreciation and ROI.
The harbor offers various amenities, including mosques, hospitals, schools, etc., perfect for families. It is also a hotspot for tourists, making it great for both new and old investors interested in gaining immensely in the near future.
Dubai Hills Estate
Another sought-after place by investors that want to make long-term capital gains is the Dubai Hills Estate. It contains luxurious amenities, a championship 18-hole golf course, and is a prime location for other road networks.
Dubai Hills is located a few minutes away from Downtown Dubai and offers amenities that every family dreams of. The best feature of the estate is the Dubai Hills Park, with a green oasis four sizes bigger than Place de I’Etoile in Paris.
Key Highlights
Dubai investment real estate is lucrative for investors globally. Now that governments have eased the global restrictions due to the pandemic, all investors have their eyes on Dubai. As such, you shouldn’t be left behind. Here are the top places to invest in Dubai :
- Downtown Dubai
- Palm Jumeirah
- Dubai Marina
- Dubai Creek Harbor
- Dubai Hills Estate
Now that you know what are the best places to invest in Dubai, you can make an informed decision. Crowdfunding is an option if you’re ready to invest in Dubai. Visit MAISOUR‘s website to find out more about this investment option. As a crowdfunding platform, our goal is to help investors grow their wealth.
