The main accommodation market in the UAE is focused primarily in Dubai – identified as the most significant commercial and economic epicenter of this rich country, discovered on the Persian Gulf’s shores. View the most relevant areas of the local market to buy apartments for investment in Dubai Marina, Dubai Hills and others.

Dubai Marina

Today’s exceptional area of the Dubai Marina location suggests a vast assortment of flats and a wide range of retail venues and cafes, completing it a clear choice among property investors in Dubai.

Most recently, one of the biggest developers in Dubai, Emaar, has started building a project on a man-made island, and now it is in great demand among citizens of the CIS. The main causes are the beach and the fact that this is a new basis, where the quality of materials is more reasonable than in most structures created 10 years ago.

Dubai Hills

No wonder this location is very prevalent with families. Thus, purchasing a home in Dubai Hills can be an ideal place to purchase real estate to rent out and for the buyer to live. It is even worth noting that the Dubai Hills neighborhood has been added to the list of locations with premium real estate. This occurred because villas emerged in Dubai Hills in the near vicinity of the golf course.

Nevertheless, the favor of the Dubai Hills area has expanded not only in the luxury part but also in the middle part – all thanks to affordable costs and a suitable price program. Furthermore, buyers began to pay attention to more “green” areas with parks for walking and cafes, which were previously very few, and Dubai Hills is such a place.

At the same time, the need for real estate in Dubai Hills, which increased due to the above characteristics, did not greatly influence the need for buying a home in Dubai Marina or Downtown Dubai. Even though, at first, there was a reduction in interest in these areas after the “upgrade” of Dubai Hills, these places soon replaced their normal areas of authorities in the region.

Bluewater Island

Investors who prefer to buy the most ready-made housing so that they can immediately bring the furniture to the apartments immediately after the deal – are increasingly turning their attention to Bluewaters Island. There is an opportunity to purchase ready-made real estate on one of the unique islands in the world directly from the developer. Interest in local ready-made apartments is also dictated by the location next to the world’s largest Ferris wheel.

Current situation

However, Dubai Marina and Downtown Dubai continue to be popular areas for real estate purchases. If we talk about residential areas, then this is, first of all, Jumeirah Village Circle – here the annual return on investment can easily reach 8%.

Today’s middle price of a classic apartment in Dubai is around $370,000. In the Dubai Marina area, 1-bedroom flats start at $210,000, but they are located far from the best buildings, so there are no pluses other than the price. If we talk about good value for money, it will be approximately $370,000.

As for the areas that are most interesting for buying off-plan with an eye to the most profitable purchase, it is best to opt for Dubai Hills, which is developing very quickly and significantly affects pricing. Pretty reasonable prices and convenient payment by installments – the developer allows you to pay the remaining 50% of the property value within 2-3 years after receiving the keys to the apartment in some project buildings, which is a huge benefit for the buyer. It is also important that this project is being built by two leaders in the real estate market, who have built half of Dubai, thanks to which there is always a demand for their property.

Undervalued and inexpensive projects

Among the areas that are still underestimated, experts note Jumeirah Golf Estates. This project’s apartments in Dubai are spacious, and the cost per square meter is lower than many competitors. In addition, the area where the buildings are located is picturesque for these places. This area is a great option for those who love green spaces or want to live in a golf community, especially since it also offers convenient installment payments from the developer. 

For investors interested in affordable real estate, it makes sense to turn your choice to Jumeirah Village Circle. Perhaps it is the best option:

• in terms of price, 
• location, 
• decent quality of construction in individual projects. 

The area is certainly quite simple by regional norms but is gaining favor and being built up quickly. Accommodation in regional real estate consistently brings its owners 7-8% per annum from rent.