At the rate which the city is developing, Dubai is always opening up new areas for property investments. However, in recent times, there has been a general decline in the rental yield. While this might only be for the moment, a decline of 0.20% is certainly not enough to prevent you from getting a shot at the massive 6.23% YTD. Even more, 2020 has been forecasted to be one of the best years for property investment in Dubai.
UAE offers investors political stability, amazing infrastructures, a diverse economy and many other key factors.
With the country set to host the Expo 2020 in October, it is certain that there is going to be a corresponding increase in the rental yield on properties generally. So, while the city presents you with a whole lot of options, we present you with 10 of the best areas where you can invest in properties in Dubai.
Dubai Marina
Anytime, any day, Dubai Marina has and still remains the most sort after location for real estate investors. This location is home to some top spots like Vida residences, Marina Vista, Emaar Beachfront, etc. Dubai Marina offers some of the best retail outlets, the best villas, apartment mix, dining, shopping etc. to make it a hot spot for investors. Even more, the location offers a higher rental yield over the years thus making it one of the top areas to buy properties in Dubai.
Jumeirah Lake Towers
Located along the prestigious Sheikh Zayed Road, the 87 tower masterpiece sits between Jumeirah Heights and Dubai Marina. With this description, this should give you the idea that the Jumeirah Lake Towers is one of the hottest spots in the city thus ranking as one of the top areas to buy properties.
Palm Jumeirah
This location is known to be the home to some of the most luxurious villas in the entire City. The aerial view of the city will surely blow your mind and the location houses some of Dubai’s top resorts. Currently, Palm Jumeirah has some ongoing projects like the Palm Beach residence and many other projects. Certainly, if you’re thinking about investing in Dubai, then this location definitely offers you another great option.
Arabian Ranches
Also located along the Sheikh Bin Zayed Road, Arabian Ranches is a luxurious destination that offers you that unique desert theme without you having to actually experience the harshness of a real desert. Its unique location is a huge plus as it offers easy access to some top locations like the Dubai Equestrian & Polo Club, Burj Khalifa, Arabian Ranches Golf Club.
Dubai Hills Estate
This region recorded more than 600 transactions in the past year in terms of real estate investments and the reasons are obvious. Dubai Hills Estate is a high brow luxury area that has a number of executive residences, golf groves, golf suites etc. Often regarded as the green heart of the city, Dubai Hills Residence is elegantly crafted to suit your lifestyle.
Dubai Sports Apartment
From the name you’d think that this location is only for sports fanatics. In contrast, Dubai Sports City offers a mixed lifestyle option that includes shopping and residence. However, if you are a sports fanatic then you’d love the view of some of the best sporting facilities that include a Rugby park, Cricket stadium, golf course etc.
Downtown Dubai
Downtown Dubai is home to some of the best spots in the entire city. It is home to the Burj Khalifa which is the tallest building in the world. Also, it is just 10 minutes from Dubai International Airport and 5 minutes to the Dubai international financial center. Even more, Downtown Dubai also houses major landmark centers like the Dubai Mall, the Dubai Fountain and many more. Certainly, if you want good ROI then you might consider Downtown Dubai.
International City
The international city offers you the chance to have a taste of some of the world’s finest cities all in one place. The international city has a unique theme that represents 10 major cities of the world including England; Russia; France, Persia, China, and a few others. International City still has a high ROI thus making it another great option for property investment.
Business Bay
As Manhattan is to New York and Tokyo is to Japan, Business Bay aspires to become an international business hub of the country. Some of the highlights of the area include Signature Towers, Bay Avenue, The Prism etc.
Dubai Silicon Oasis
Dubai Silicon Oasis is a next-door neighbor to the Academic city that houses some of its finest schools and colleges. Just as the name implies, this region is a tech-oriented zone that is mapped out to provide tech investors with some of the finest options. Certainly, with Dubai ranking top in terms of FDI on tech investments, Dubai Silicon Oasis is surely going to give a huge ROI in no time.
