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Real Estate in Dubai: Which Areas are Best to Purchase?

18.06.2022

Dubai is one of the most popular metropolises that many people dream of moving to and some lucky ones have already made it happen. What’s amazing is the fact that there is never a shortage of housing options here. The real estate market is constantly growing and surprising with new and unique offerings. Whether it’s apartments with 1, 2, 3 bedrooms, studios, private houses, penthouses, townhouses, or villas, everyone can find suitable housing in Dubai, not only in terms of size but also in terms of budget. A pleasant bonus is that being a property owner in the Emirates, you can easily obtain a residence visa for 3 to 5 years and a work permit.

What to Remember When Buying Property in Dubai?

Dubai is rightfully considered one of the safest cities in the world. That’s why when buying property in this city, you don’t have to worry about the safety of the transaction, legal intricacies, or the integrity of the developer. All these aspects are closely regulated at the state level. The Emirates value their reputation and do not grant construction licenses to unverified companies. Both buyers and sellers can feel secure in this country. However, there are some aspects worth considering when choosing property in Dubai:

1. Availability of necessary infrastructure

This is especially important if you are buying property in Dubai not only for yourself but also for your family. In this case, it’s essential to ensure that all essential amenities are within easy reach, such as:

  • Schools and nurseries
  • Hospitals and clinics
  • Supermarkets and shopping centers
  • Children’s playgrounds and sports facilities
  • Entertainment centers and restaurants, etc.

Property prices

Another unique aspect of Dubai is the ability to choose property of any size at any price. In popular areas like Palm Jumeirah or Dubai Marina, property prices are higher. In less prestigious areas, you can buy similar apartments at more attractive prices. Moreover, there are no dangerous or unfavorable neighborhoods in Dubai. Order is maintained at the highest level in all parts of the city.

Property type

First, you need to decide whether you are buying property for living or for renting out. In any case, investing in Dubai property is a highly profitable venture. It’s a situation where it’s impossible to lose. By investing in Dubai, you are investing in a secure future!

If the property is being purchased for your family, it is better to prefer residential areas with villas. These areas are free from tourists and are more suitable for families with children. They offer a calm and secluded atmosphere.

If the villa or apartment in Dubai is being purchased for rental purposes, it is better to focus on trendy areas with developed infrastructure. These areas may be noisy and crowded with tourists, but a significant advantage is the availability of numerous entertainment venues where one can have a great time. After all, tourists mainly come for adventure and fun, not for peace and solitude.

Which Areas are Most Suitable for Real Estate Investment in Dubai?

Let’s take a closer look at each of them.

Dubai Marina

The area is in high demand among both tourists and those who buy property in Dubai to settle here for a long time. It is equally comfortable for families with children and avid party-goers. Everything you need is within walking distance: the sea and the beach, shops and shopping centers, promenades and parks, children’s and sports playgrounds, restaurants and nightclubs. Here you will find everything you need for a comfortable life.

The cost of property in Dubai Marina ranges from 1.5 million AED to 6.5 million AED. The price depends on the area and location.

Palm Jumeirah Island

The island represents an amazing combination of modern motifs with traditional Eastern elements. Villas in Dubai are famous for their sophistication and uniqueness, mainly due to Palm Jumeirah Island. Each house, each villa here is a masterpiece of modern architecture. Comfort, convenience and originality are the three pillars on which the architecture of Palm Jumeirah Island is based. The cost of real estate here starts from 1 million AED and can reach up to 59 million AED. The price depends on what you can afford: a small but cozy studio or a huge villa with 7 bedrooms.

Downtown Dubai

If you have decided to buy a house in Dubai, it is worth considering Downtown Dubai, which is located in the heart of the city. Real estate in this area is very attractive not only to tourists but also to locals, as it is home to the main cultural attractions of Dubai. Transportation accessibility is another big advantage of this area. The cost of apartments varies from 1.7 million AED for a one-bedroom apartment to 15 million AED for a luxurious townhouse.

Dubai Hills

Dubai Hills is an amazing combination of a metropolis and a green oasis. Offices and luxury villas coexist here perfectly. This is an area where some rush to work in the morning, while others leisurely head to the beach. You can buy an apartment in Dubai Hills for 16 million AED. Along with the apartment, you get your own golf course, tranquility and the opportunity to enjoy a beautiful view from the window every day, as well as Dubai Hills Mall and Dubai Hills Park within arm’s reach.

Emirates Hills Residential Community

Emirates Hills is ideal for family living. It is located away from the city noise and prying eyes. Outsiders do not enter here and there is no endless stream of tourists. Life here flows slowly and relaxedly. Emirates Hills is a mixed-use area where you can buy both an apartment and a villa. The cost of housing starts from 720,000 AED and can reach several tens of millions of AED.

Business Bay

Business Bay can rightfully be called the second Manhattan, but in Dubai. Just like in New York, exclusive apartments are located here alongside office spaces. Business Bay provides all the necessary conditions for a comfortable life and work. Restaurants, shopping centers, swimming pools, modern offices, entertainment complexes and hospitals are available practically next to each building.

Prices for housing in Business Bay start from 200,000 AED. The area has everything you need for permanent residence or a vibrant vacation. All the main attractions of the city are within walking distance.

Al Meydan City

In the very center of Dubai, another gem of Dubai is comfortably located – Al Meydan City with mixed-use development. Here you can find single-story and mid-rise buildings, skyscrapers and villas, small cozy apartments with 1 bedroom and spacious luxury apartments with 3-4 bedrooms. This is an ideal place for work and living. Al Meydan City is located near Dubai’s international airport, the DIFC business center and Al Meydan Road highway. The average price for housing here starts from 700,000 AED and can reach several million AED.

If you have already decided to become the owner of luxury real estate abroad, then without a doubt, choose the Emirates. It is a city where the present and the future are closely intertwined, it is profitability and prestige, it is status and prosperity. These are the United Arab Emirates.

Our specialists are ready to find housing that meets all your requirements and possibilities. Contact us and enjoy a comfortable life in one of the most sought-after metropolises in the world!

Help in all matters

Islam Shangareev

Dubai real estate expert will call you back within five minutes

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