Buying an apartment in Dubai is an opportunity to acquire a highly liquid property in a safe and modern city. The rich cultural heritage, favorable climate, and high return on investment make real estate in the metropolis an excellent way to invest capital. You can get assistance in finding and formalizing real estate in Dubai from Alira Real Estate agency. We take care of legal issues, select high-quality properties, and provide post-sale service at a high professional level.
Advantages of buying flat in Dubai
The emirate, which has grown from the sands of a hot desert into a luxurious metropolis in a matter of decades, is an excellent place for living and investing. Buying property in its territory has several advantages:
- High return on investment. The selling price of apartments in Dubai steadily increases, providing investors with excellent returns.
- Right to obtain a residence visa. When purchasing property worth AED 750,000, you can obtain a two-year visa, and for property costing over AED 2 million, a ten-year “Golden Visa.”
- High standard of living. In terms of safety and comfort, Dubai ranks among the top not only in the Middle East but also globally.
- No property tax. Buyers do not need to spend money on annual tax payments. The only expenses are for property maintenance.
- High rental income. The costs of purchasing property are recouped in a short period, as the rental yield from apartments can be up to 13%.
- Transparent legislation. Real estate transactions in Dubai are fully protected by the legislative framework. Foreigners are allowed to buy property in full ownership with a simple registration procedure.
Popular areas for buying apartments in Dubai
The purchase of apartments in Dubai is in demand throughout the city. However, there are popular areas in the city where buying property brings the greatest benefit:
- Business Bay – an important business center of the city, located near the downtown area of Downtown Dubai. Entrepreneurs and foreign specialists prefer to buy apartments in Dubai in this area.
- Dubai Marina – an elite area on the shores of the Persian Gulf. It is an artificial canal, along the banks of which there are skyscrapers, expensive shops, and fashionable restaurants. It is popular among lovers of active entertainment and beach recreation.
- Downtown Dubai – the center of the metropolis, known for its luxurious hotels, skyscrapers, entertainment, and shopping centers. The main advantages of living in this area are the proximity to attractions and a high level of infrastructure.
- Dubai Hills – a peaceful residential area predominantly inhabited by expatriates. It includes premium housing, including luxurious townhouses and apartments.
- Palm Jumeirah – an area where the highest apartment prices in Dubai, UAE, are noted. It is a network of artificial islands in the shape of a palm tree. The area includes residential and villa complexes of premium class.
- JVC (Jumeirah Village Circle) – a comfortable community not far from Dubai Marina, consisting of townhouses, villas, and apartments. Families with children and supporters of quiet, peaceful living prefer to settle here.
- Burj Khalifa – an outstanding landmark of the city and the tallest skyscraper in the world, where you can find luxury apartments and flats for sale in Dubai.
- Dubai Harbor – a modern area on the sea coast near Palm Jumeirah. It attracts buyers with luxury, comfort, and magnificent panoramic views.
- Emaar Beachfront – a developing area near Dubai Marina. Residential complexes with apartments to suit every taste are actively being built here.
- Damac Hills – a prestigious residential complex on the territory of the Trump Dubai International Golf Club. It includes apartments and villas, several shopping centers, restaurants, and the Radisson hotel.
