Top 5 areas in Dubai to invest in real estate!

It is well known for the investors to get the maximum profit you need to thoroughly choose the location.

There are different areas in Dubai that may vary in popularity and therefore profitability. Today we will introduce you to the 5 most promising areas.

Business Bay — is a business area in Dubai, which is conveniently located near the key attractions of the Emirate — the Burj Khalifa tower and singing fountains. According to the DXB Interact platform, 500-1000 real estate purchase transactions are made here every month. The price for a little apartment starts here from $260,000.

JVC is a circular sleeping area. People who appreciate privacy and tranquility live here. This area was the most popular to buy an apartment last month. 1027 transactions were made here. Starting price for real estate here is $170,000.

Arjan is a new eco-friendly area in Dubai. It is located next to the Dubai Miracle Garden flower park. It is very popular with people who want to live near nature. The average yield of housing in this area is 6% per year. The cost of apartments starts from $140,000.

MBR is an area that was inspired by Sheikh Mohammed bin Rashid Al Maktoum’s vision of an ideal place to live, which is why it was named after him. The yield of local real estate is at least 8% per year. The cost of objects starts from $240,000.

Dubai Maritime City is another business area located on the man-made island of the same name. This is where the famous Dubai Frame is located. The average return on investment in this location is up to 8% annually. Prices for residential properties start at $268,000.

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