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Dubai, a city known for its skyscrapers, luxurious shops, and vibrant nightlife. There is a constant influx of affluent buyers, resulting in a more than 89% increase in property prices in 2023. This makes real estate in the city a quite lucrative investment.

 

A stable economy, cosmopolitan lifestyle, and year-round sunny weather attract people from all over the world. If you are considering this luxurious place for your next home, you’ve come to the right address. On the ALIRA real estate agency website, everyone can find and buy an apartment by the sea in Dubai.

 

Advantages of Buying an Apartment in Dubai by the Sea

 

In the UAE, there is a fixed exchange rate of the local currency, which guarantees the stability of the local market. If you want to invest in seafront property in Dubai, here are the 5 main advantages of buying an apartment in any of the residential areas:

 

  • Symbol of a luxurious lifestyle. Let’s be honest: Dubai is synonymous with luxury. Owning property here means living a glamorous life. You will have access to world-class amenities, shops, restaurants, and entertainment. This is not just a place to live. It’s a lifestyle choice.
  • Scenic views. You will enjoy a serene view of the Persian Gulf with shiny boats and skyscrapers. There are modern buildings, luxurious beach clubs, and plenty of high-end restaurants. On the balcony of an apartment by the sea, you can bask in the sunset or stroll along the promenade, enjoying the beautiful view.
  • Prospective infrastructure. Dubai benefits from constant development and expansion of infrastructure. The government’s commitment to improving transportation, utilities, and public facilities ensures residents a high-quality living experience.
  • Golden visa. This is an easy way to secure long-term residence for you and your family. Additionally, it opens doors to the rapidly developing business of the region.
  • Tax-free investments. And here’s the best part – there is no property tax or income tax here. This means that if you rent out your property or decide to sell, all that money is yours. In a world where taxes eat into income, this is a huge plus.

Popular Areas in Dubai by the Sea

 

The choice of area when buying an apartment in Dubai with a sea view depends on many aspects. The main ones are the cost of properties and the purpose of the purchase. The average return on investment is 5.5-6%, while some directions and projects can offer a return on investment of 7.6% to 8.4% per year.

 

  • The World Islands. This group of artificial islands is located near the coast of Dubai, and construction has been ongoing for over 20 years. It is still under development, so tourists can only visit one island called Lebanon. As the construction nears completion, property prices will rise, making it a great investment opportunity.
  • Jumeirah Beach Residence. Jumeirah Beach Residence has a developed infrastructure and good transportation connections to the rest of the city. The area boasts many restaurants, including Michelin-starred ones, shopping centers, shops, and spa centers. A great place for both tourists and resident investors.
  • Port de La Mer. The development of the area is carried out by the developer Meraas. The project includes low-rise residential complexes, townhouses, and buildings already put into operation. The development plan includes a large yacht marina, several hotels, and a private beach. Port de La Mer is suitable for retirees who prefer a quiet lifestyle, families with children, or young professionals.
  • Dubai Marina. Dubai Marina is a globally recognized place to live in Dubai. Property prices can be compared to those in JBR, but they are worth it. Marina offers breathtaking views, developed infrastructure, and an elite lifestyle. It is recognized as the best skyscraper area, and there is a large expat community living here.
  • Bluewaters Island. The man-made island is located near the Dubai Marina area and is known for its Ain Dubai Ferris wheel. The island has many tourist attractions, including the famous Madame Tussauds wax museum. There are several luxury resorts for romantic and family vacations.
  • Palm Jumeirah. Want a villa on an artificial palm-shaped island? Palm Jumeirah is your choice. It’s quieter than the city center, with stunning beachfront homes and luxurious amenities. Perfect for families or those looking for a slice of paradise with elements of exclusivity.
  • Al Sufouh. This is a popular choice for families, as there are many prestigious schools, universities, and business opportunities here. The area is close to other Dubai attractions, such as Palm Jumeirah, Dubai Marina, and Burj Al Arab. In terms of real estate, Al Sufouh offers luxurious apartments, townhouses, and villas for every taste.

 

Prices for Seafront Apartments

Prices for seafront apartments in Dubai depend directly on location, area, and amenities. A one-bedroom apartment can cost from $350,000. Two-bedroom apartments for sale in Dubai start at $500,000. The highest cost is for five-bedroom townhouses, ranging from $4 million. Take advantage of financing options. In Dubai, there are various financing options for buyers looking to take out a mortgage or buy an apartment in installments.

Investing in Sea View Apartments for Sale in Dubai

 

Investing in Dubai’s new buildings is profitable for several reasons:

 

  • Attractive housing prices. You can buy an apartment by the sea in Dubai based on your budget. The residential property in the emirate is quite affordable compared to housing prices at European resorts.
  • High return on investment. You can buy an apartment online, which will bring in profits of 5% to 8% when rented out. It all depends on the location and comfort level of the property. Not only studio apartments but also spacious houses are in demand.
  • Another reason to invest in seafront apartments is the absence of taxes. Personal income in the UAE is not subject to taxation, allowing you to receive income in its pure form.
  • All that remains is to determine the income generation strategy. This can be not only a purchase for savings or subsequent rental but also the acquisition of unfinished construction objects for resale after the house is put into operation. In this case, you can get a profit of 20% to 30% due to cost capitalization.

 

Advantages and Terms of Cooperation with Us

 

At Alira, our goal is to open up opportunities for our clients in their real estate journey in Dubai, providing our team with the opportunity to provide first-class service and support.

 

  • Property Management. We offer a wide range of services in one place: buying and selling, renting, and managing real estate. Each client’s request is individual.
  • Team of Experts. By contacting our agents today, you will find a diligent, professional, and diverse team ready to meet all your real estate market needs. We will not rest until you are 100% satisfied with the services we provide.
  • Reputation. Our real estate agency’s reputation in Dubai did not arise overnight. We have worked hard to ensure that our clients can trust the services we offer by hiring the best specialists.
  • Confidentiality. We guarantee that your information will not be disclosed to third parties.

 

The Alira Real Estate catalog features apartments and houses in Dubai by the sea. The convenient interface allows you to select the desired property using filters. You can start your search by type of housing or location. The real estate database is regularly updated and contains only current offers. Specialists will help you choose and buy an apartment in Dubai by the sea in real-time. Call us at +7 (986) 927-73-77 and +971 (588) 337 903, or write to us at info@alirarealestate.com.

FAQ

Yes, they can, primarily in designated areas. This policy was introduced to encourage foreign investment, allowing citizens of non-Gulf countries to buy, sell, and fully own property in certain areas without any citizenship restrictions.

Yes, they must consider the payment for the maintenance of common areas (in apartments or gated complexes), utility bills, and possibly a management fee if they decide to rent out the apartment.

Buyers usually make a reservation fee payment, followed by installment payments according to the project’s payment plan during construction. The remaining amount is often paid after the completion of the property construction.

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
19

Apartment in Binghatti Canal

120 000 AED
1
1
65.4
11
7

Apartment in DAMAC Bay by Cavalli

3 600 000 AED
1
1
85.4
6

Apartment in DAMAC Bay 2 by Cavalli

5 500 000 AED
2
3
148.7
9

EDGE от RAK Properties

2 850 000 AED
2
3
151.0
9

ARLO от Emaar Properties

1 700 000 AED
1
2
65.0
7

Dubai Harbour Residences

3 870 000 AED
1
2
98.0
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