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Residential real estate in Dubai is currently at the peak of popularity. Thanks to its mild climate, rich cultural heritage, and solid investment potential, apartments and flats in the emirate are in high demand among buyers. They are chosen for temporary residence, as permanent homes when moving, or as profitable investment opportunities.

 

Benefits of Buying Property in Dubai

Purchasing property in Dubai is a reliable and profitable way to invest capital. The UAE is considered a country with a stable economy and a high level of safety, which attracts foreign investors. Why you should buy property in Dubai:

 

  • The possibility of obtaining a residency visa – allows you to permanently reside in the UAE, open bank accounts, receive medical services, and other privileges.
  • High return on investment – ensured by the constant growth in property prices.
  • No property taxes – owners only need to pay for property maintenance.
  • High rental income – up to 5%, and in certain areas up to 7-8% annually. By carefully studying Dubai real estate listings on our Dubai, you can find properties that will pay off both in short-term and long-term rentals.
  • Freehold zones – provide the opportunity for foreigners to purchase property with full ownership rights, including the land on which the property is located.

 

Popular Areas for Buying Property

Alira Real Estate agency assists in selecting real estate in Dubai in any area. The following areas are popular for purchasing property in Dubai:

 

  • Business Bay – the largest business center in the city on the banks of the Dubai Water Canal. It features premium residential properties that attract tourists, office workers, and businessmen. ROI for renting apartments here reaches 5.7%.
  • Dubai Marina – a prestigious area on the shore of the Arabian Gulf. It covers an area of about 5 sq. km and is filled with hotels, skyscrapers, and luxury resorts. Real estate here is predominantly purchased by young couples without children or active individuals who want to live in an atmosphere of vibrant entertainment.
  • Downtown Dubai – the cultural and tourist center of the city with prestigious restaurants, expensive boutiques, and landmarks. Suitable for tenants and foreign professionals looking for housing near major business hubs. If you’re considering settling down in this vibrant area, explore the diverse property in Dubai for purchase options available to find your ideal home.
  • Dubai Hills – a fashionable suburb with a peaceful atmosphere and premium residential properties. It consists of several clusters – in the western part, there are mansions with golf courses, while the eastern side features more economical townhouses and villas.
  • Palm Jumeirah – a prestigious place to live among the waters of the Arabian Gulf. It consists of a group of artificial islands shaped like a palm tree. Some islands are occupied by luxury hotels, while others contain villas and townhouses for private living. Dubai property for sale options offer the opportunity to choose housing on Palm Jumeirah based on preferences – on quiet islands or in more bustling tourist locations.
  • JVC (Jumeirah Village Circle) – an elite Freehold zone in the heart of the metropolis. Considered one of the best places for family living, offering buyers a wide selection of townhouses, apartments, and villas.
  • Burj Khalifa – the famous skyscraper where you can buy luxurious apartments or flats. Buying property in the building is attractive to both tenants and foreign citizens planning to settle in the heart of Dubai.
  • Dubai Harbor – a commercial district on the coast of Dubai Creek, which will become a competitor to Downtown Dubai in the future. Here, you can buy apartments or flats in luxury skyscrapers along the beaches.
  • Emaar Beachfront – a young elite area near Dubai Marina. Modern residential complexes are being built here. In the complexes, you can buy apartments, villas, townhouses, and penthouses. Each new building has its own beach.
  • Arabian Ranches – a community in the Dubailand area, consisting of villas and spacious townhouses. When contacting our real estate agency in Dubai, you will find housing for a peaceful family life in this community
  • Sobha Hartland – a new prestigious area not far from the central part of the city. Located on the canal coast, it allows you to settle in luxurious residential complexes near developed social infrastructure.
  • Damac Lagoons – a new community in the Dubai Golf City area. It has been under construction since 2021 and offers luxurious villas and townhouses for sale. Suitable for families with children who want to live away from noisy tourist quarters.
  • Damac Hills – a large community with premium infrastructure. It includes villas, apartments, and townhouses chosen by supporters of a quiet, measured life.
  • Dubai South – a young developing area where since 2006, medium-rise apartment buildings have been actively constructed. Several closed communities with townhouses, detached, or semi-detached villas are located here.

Main Types of Dubai Real Estate for Sale

 

Property prices in Dubai are combined with a wide range of real estate. Through our agency, you can buy a home in Dubai, including:

 

  • Apartments and flats – elite and inexpensive, typically ranging from one to five rooms. Some complexes are specifically designed for young couples or singles, so their residential stock consists mainly of studios. Buyers have access to seaside apartments with beautiful panoramas.
  • Villas – individual residential buildings constructed within closed residential complexes or autonomous microdistricts. In addition to standalone houses, there are tennis courts, shops, saunas, and basketball courts. Searching for real estate in Dubai allows you to find options with private garages or pools. Homes for sale in Dubai offer a variety of amenities and luxurious features for potential buyers.
  • Penthouses – respectable apartments on the top floors of high-rise buildings. They feature large areas and magnificent panoramic views, often with access to the roof.
  • Townhouses – two-story buildings with several separate apartments. Each unit is equipped with its own entrance, sometimes a plot of land, or a parking space.
  • Commercial real estate – offices, hotels, individual rooms in hotels.

 

Lifestyle in Dubai

 

Dubai has a reputation as a city for wealthy individuals. Up to 85% of its population consists of affluent foreigners who come here for entertainment and the opportunity to earn high incomes. Local authorities strive to attract talented professionals and entrepreneurs to the emirate to the maximum extent possible. To achieve this, the city is opening technology parks and special economic zones where foreign citizens can develop international businesses without taxes and customs duties. In addition, Dubai realty is thriving, offering a plethora of investment opportunities in its vibrant real estate market.

 

You can also find opportunities to buy properties in Dubai, catering to various preferences and needs. The cost of housing in Dubai is entirely justified by the comfort of living. Residential complexes and urban areas have everything people need for a full life. Property buyers have access to playgrounds, sports facilities, shops, and relaxation areas. Some micro-districts are comfortable resorts where you can relax on beaches, swim in pools, or artificial lagoons.

 

Dubai is a multicultural city where people respect representatives of other cultures and religions. The metropolis’ infrastructure is aimed at creating comfortable living conditions. Restaurants, cinemas, fitness clubs, and other establishments work for the local population and visitors, offering them an interesting and fulfilling leisure time.

 

Real Estate Prices in Dubai

 

The question of how much property costs in Dubai is of interest to any potential investor. The price range in the emirate is large. As of 2023, you can buy an apartment here for as little as 3.6 million AED or for tens of millions of Turkish lira.

 

Due to the constant influx of buyers willing to spend money, the cost of housing is rising. In some prestigious areas (for example, Palm Jumeirah, Jumeirah Bay), apartment prices have increased by more than 100% compared to the coronavirus period.

 

Real estate prices in Dubai depend on many factors. The price per square meter can be influenced by the type of housing (elite, premium, etc.), as well as the size of the premises and the location in different areas of the metropolis.

 

Benefits of Investments in Dubai Properties for Sale

 

Buying property in the emirate allows for profitable investments in the future. As statistics show, with long-term renting, the return on investment can reach 5-8% per year. In elite areas, these figures exceed 10%, and in the case of short-term rentals, they can reach up to 13% annually.

 

In the future, these indicators can increase significantly. With each passing year, the population of the metropolis is increasing, which increases the demand for housing. In 2010 the city’s population was about 1.5 million people, by 2020 it had doubled to 3.1 million. According to forecasts, by 2030, over 6.4 million people will live in Dubai.

 

In addition to buying ready-made housing, many investors invest in under-construction real estate. If you buy premises during the construction phase and then resell them at a higher price after the building is completed, you can make a good profit. The profitability of such investments can reach up to 30%.

 

The attractiveness of investing in Dubai is due not only to material benefits but also to additional advantages. For example, when buying housing for a total amount exceeding 750,000 AED, you can apply for a two-year visa with the possibility of multiple extensions.

 

With the help of Alira Real Estate agency, you can buy real estate in Dubai, UAE profitably under any requests. The advantages of cooperation with us include:

 

  • Services of qualified specialists with extensive experience in the real estate industry.
  • Individual approach, flexible cooperation conditions.
  • Providing a wide range of services in one place – from sales and property management to rental or purchase.
  • A well-thought-out search and filtering system on the website for convenient selection of housing.
  • Regular updates to the database, only current offers for commercial and residential properties.
  • Guaranteed full confidentiality of customer information.
  • A lot of useful information, including the latest news, market statistics, and recommendations for buyers.

 

Alira Real Estate company is ready to provide professional assistance in finding and buying housing in the emirate. Check out the offers on our website and find out the cost of Dubai real estate for sale at the moment. To schedule a consultation, leave a request on the website, email us at info@alirarealestate.com, or contact our staff at +7 (986) 927-73-77  and +971 (588) 337. Specialists will answer your questions, advise on the selection of apartments and flats, visa regulations, and the peculiarities of moving to permanent residency.

6

Apartment in Damac Bay by Cavalli

3 400 000 AED
1
1
80.4
8

Villa in DAMAC Lagoons

3 000 000 AED
4
5
300.0
13

Villa in Damac Lagoons

5 500 000 AED
6
7
379.0
11
6

Apartment in DAMAC Bay 2 by Cavalli

5 500 000 AED
2
3
148.7
7

Dubai Harbour Residences

3 870 000 AED
1
2
980.0
11

Six Senses Residences Dubai Marina

14 800 000 AED
4
5
484.0
6

Six Senses Residences Dubai Marina

5 800 000 AED
2
3
186.0
23

Apartment in Damac Heights

2 350 000 AED
1
2
80.4
7

Apartment in Al Jazi MJL

1 410 000 AED
1
1
92.5
7

Apartment in Jomana MJL

1 910 000 AED
1
1
74.4
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