The mild climate, high level of safety, and rich cultural heritage make Dubai an attractive place for real estate investment. The city offers a wide range of housing options to suit any need. One-bedroom apartments in Dubai are particularly popular among investors, as these properties can be rented out profitably. The team at Alira Real Estate will help you find the best one-bedroom apartments for relocation or investment. We will handle the transaction, assist with paperwork, and provide legal support at every stage.
Benefits of buying one-bedroom apartments in Dubai
Dubai ranks fourth in the world in terms of tourist visits. Many visitors prefer comfortable one-bedroom apartments over hotels, so rental yields in prestigious areas can reach up to 7-8% annually. Buying property in this vibrant UAE emirate is a profitable investment with many advantages:
- The opportunity to buy housing with thoughtful layouts and large square footage. Buildings in Dubai are constructed according to advanced standards, and apartments are designed to provide maximum comfort for residents.
- Developed internal infrastructure. Almost every residential complex has covered parking, recreational areas, private squares, and parks.
- High level of security. Residential complexes have security services and video surveillance to ensure that every resident feels safe and secure.
- Absence of taxes. There is no taxation of investors on income from renting out property in the city.
- Residency visa. Foreigners who purchase property worth at least 750,000 AED are granted a visa valid for 2 years. Buying property worth at least 2 million AED makes you eligible for a 10-year Golden Visa.
Popular areas for buying one-bedroom apartments in Dubai
It is advantageous to buy a 1-bedroom apartment in Dubai in many areas of the city. The most popular among apartment buyers are:
- Business Bay – a business district with numerous office centers and business hubs. Apartments here are purchased by young professionals or entrepreneurs who run their own businesses in Dubai.
- Dubai Marina – an elite resort area located along a 3.5 km artificial canal. Property in this area is chosen by people who enjoy entertainment and an active lifestyle.
- Downtown Dubai – the heart of the emirate, home to the famous Burj Khalifa and the world’s largest Dubai Mall. The area is dominated by high-rise buildings where you can find upscale apartments with sea views.
- Dubai Hills – a prestigious suburban community divided into several clusters. Part of the community consists of private homes, while another part consists of high-rise buildings with apartments.
- Palm Jumeirah – an artificial archipelago in the shape of a palm tree. It is suitable for beach lovers and families with children. Multi-apartment buildings with apartments are concentrated on the “trunk” of the palm tree.
- JVC (Jumeirah Village Circle) – an elite community in the city center, close to busy highways and infrastructure facilities. The most in-demand here are new buildings located near supermarkets, restaurants, and other amenities.
- Burj Khalifa – the tallest building in the world with a wide selection of residential real estate. Apartments in its walls are a profitable investment, as they generate good passive income from rent.
- Dubai Harbor – a business district located on the banks of Dubai Creek. Elite apartments located in skyscrapers with their own beach access are offered for sale.
- Emaar Beachfront – a fast-growing modern area near Dubai Marina. Its territory is actively developed with residential complexes that have access to beaches and a full range of amenities.
- Damac Hills – a premium community near Sheikh Zayed Highway. Here you can buy both one-bedroom apartments and spacious townhouses or villas.
- Downtown – attracts property buyers who appreciate urban living, enjoy shopping, and walking in parks. In the central part, you can find affordable or luxurious apartments with all amenities.
