Emerging Areas for Property Investment in Dubai
Dubai boasts several areas or you can say a community that offers promising investment opportunities. The location is investor-friendly and holds all the potential where you can safely park your money and expect better returns.
Business Bay
One of the trendy-mixed used communities alternatively known as the hub of central business, commercial, and residential areas is best for investment. With 6.71% ROI Business Bay is indeed the most promising destination in Dubai.
The community offers a range of properties like apartments from 1-4 bed options and 4 bed- penthouses, moreover the community provides hotel apartments too. According to Google's report, the highest 3,125 sales worth AED 5.6 billion have been transacted in the year 2022. Similarly, 4,894 resale worth of AED 7.2 billion were transacted in the same year.
Downtown Dubai
Centrally located in Downtown Dubai is the most affluent community in Dubai alternatively known as the home to top attractions of the world such as Burj Khalifa (the World’s tallest building), Dubai Mall (the World’s Largest Mall), Dancing fountains and all. On the other hand, Downtown is best known for offering a luxury lifestyle and holds a range of properties in its’ heart. Here you can get luxurious apartments, elegant penthouses, and podium villas. Apartments are available in 1-5 bed options, similarly, you can get villa options from 2- 4 bed options. It is recorded that Downtown has the highest ROI of 5.9%.
Central Park at City Walk
City Walk is another upscale residential community on Al Wasl Road. It’s a quite sought-after location and best for investment as it is well-developed with mid-rise residential as well as commercial development. The Vibrant and active environment of the community offers a whole engaging lifestyle. At City Walk, you can easily get 1-4 bed residential apartments and 3-4 bed duplex apartments. The highest ROI of Citywalk is 4.5% hence it is not at all a bad idea to invest here.
Palm Jebel Ali
The stunning 13 sq. km Island community is well-developed by Nakheel. Palm Jebel Ali is home to nearly 35,000 families. For a perfect beach lifestyle here, this is the best community. Moreover, the island offers updated social amenities like hotels, resorts, and parks so residents here enjoy a completely different side of life. The properties here allow you direct access to beaches.
The community consists of 16 unique fronds and features numerous properties like apartments, townhouses, penthouses, compounds, duplexes, full floors, bungalows etc. The demand for villa properties has surged in the community. The starting price of the villa will be around AED 18M.
**Arabian Ranches 3**
Nestled over 1,650 acres Arabian Ranches 3 is the most coveted suburban community is home to Arabian Ranches Golf Club and gives a perfect Golf Course living. Further, the community holds freehold villa properties in different configurations and prices and welcomes end-users to experience a complete high-end lifestyle. The average price for a villa property is AED 3M which can go upto AED 3.M. Similarly highest ROI in Arabian Ranches is 7.5%.
DAMAC Hills
Alternatively known as Akoya DAMAC Hills is the most sought-after residential community located in the heart of Dubailand. Nestled over approx. 42 million this masterpiece community is a mixed development that holds a range of residential as well as commercial properties within. For end-users, DAMAC Hills is the most opportune location as here they can get myriads of properties including townhouses, villas and apartments.
The average property price in DAMAC Hills is AED 1M. End-users can easily get a 1-bed apartment for AED 500K. For 2-bed apartments, the cost is AED 1.2M to AED 2.9M, similarly, for 3-bed apartments you must pay AED 1.5.
DAMAC Hills is the best community for villa properties and here home buyers would get a 3-bed villa price of AED 2.7M. A 4-bed villa would cost you around AED 3.3M and a 5-bed villa would range from AED 3M to AED16M. If you are looking for quite a more spacious unit then you can go for a 6-bed villa with AED 17.8M.
Lifestyle in DAMAC Hills is quite offbeat and here the development is so well-conceptualised that it offers the best side of life. Furthermore, it’s a golf community which glean the attention of property buyers and that is why property demands are quite high here. Including 6.1% highest ROI and all these factors make DAMAC Hills the preferred investment destination
**Damac Hills 2**
The most popular community in Dubai, formerly known as Akoya Oxygen is a residential community developed by the leading developer DAMAC Properties. This superb residential community is home to 10,000 independent villas & townhouses, 1,200 apartments, 2000 hotel rooms and 650 service villas.
The average property price here for villa residences is AED 3,500,000. Similarly, the average property price for apartment starts here in DAMAC Hills is AED 2,129,000
Also,the 18 whole Trump International Golf Course offers a perfect golf feeling. Along with this, the community is featured with vast acres of greenery which makes it the most coveted community. Its freehold status allows ex-pats to invest and you would be surprised to know that the average rental yield is 7.20%.
Dubai Hills Estate
Dubai Hills Estate is an 11 sq.m master community and home to nearly 150,000 residents, offering the best in class lifestyle by allocating numerous social advantages within. Here, everything is smartly developed by Emaar Properties & Meraas Holding. The community is featured with residential, and commercial places along with recreation and smooth roadway connectivity as well as transportation services.
It's the prime address or you can say most preferred community where usually end-users buy a property and investors also show their interest here. Dubai Hills provides various types of properties including luxury apartments, villas and townhouses. The average ROI of Dubai is 5% hence. According to recent data, a total of 11,8181 real estate transactions worth AED 33.7 billion were recorded in August 2023. A clear indication of a 25% increase in volume compared to 9,450 transactions in August 2022.
On the other hand, you will be more facilitated with a range of world-class amenities as well as easy access to Downtown Dubai, Dubai Marina and Emirates Hills.
**Sobha Hartland 2**
Sobha Hartland 2 is a water-inspired community located in MBR city and is home to lifestyle and recreation. Its 1 million sq. ft greenspace is scattering aesthetic vibes and allows you to live a wholesome living.
Along with this, Sobha Hartland 2 offers various ranges of properties including apartments & villas. A 1, 1.5 and 2-bed apartment prices would start from AED 1 M whereas a 5 & 6-bed villa starting price is AED 22, 7000,000.
The best advantage is the community is closely developed to Sobha Hartland with 5% ROI; its impact on Sobha Hartland is quite positive hence you will gather higher appreciation.
Jumeirah Village Circle
Jumeirah Village Circle is one of the masterpiece developments by Nakheel Developers. JVC is popularly known as a business & leisure hub. Here you can see a perfect mix of residential, commercial, and retail spaces that make life more convenient.
On top of it, JVC offers matchless connectivity, and transportation facilities and shares a healthy boundary with Jumeirah Village Triangle, Dubai Production Zone (IMPZ) and Dubai Sports City.
Additionally, JVC is home to 2,000 residential homes and here end-users can easily get apartments, villas and townhouses. Furthermore, these residential homes are smartly intended with high-end features and offer a complete upscale lifestyle. Property prices start at JVC from AED 100,000 – AED 6.5 million. The highest ROI in JVC records is 7.6%. For villa properties, the highest ROI is 8.24%.
Town Square Dubai
Town Square Dubai is a residential community on Al Qudra Road that offers the best-in-class lifestyle. The community is featured with high-end lifestyle and residences including apartments and townhouses and is perfectly defined with myriads of recreational features.
The community offers 1-3 bed apartments & 3-4 bed villa residences. In addition to this, with a higher ROI of 7.90%, the community gives an indication that certainty that investment would bring limitless profits.
Emaar Beachfront
Emaar Beachfront is the best-known waterfront community it offers a range of property types including apartments, penthouses, villas and holiday Homes. The demand for waterfront development is quite high in Dubai hence for investment this is the best area. With a higher ROI of 7.9%, it gives assurance as well as welcomes investors to invest. Records show that Emaar’s Group sales are AED 9.2 billion (US$ 2.5 billion) , a straight 11 % increase or you can say growth as compared to Q1 2022.
Additionally, the community holds the best infrastructure facilities and many outdoor activities are well developed which makes it the most preferred choice. When it comes to location the project is smartly developed close to Dubai Harbour hence you will enjoy a whole water-inspired lifestyle. Sheikh Zayed Road will lead you to many prime destinations.
Dubai Maritime City
Well positioned between Rashid Port and Dubai Drydocks World Dubai Maritime is offering the right investment opportunity. Spanning over 2.27 million Dubai Maritime City (DMC) is primarily known as the maritime industry. Although it is much focused on the Maritime industry, commerce and trade the community is the centre of residential development and holds an upscale lifestyle too.
As the community is in the developing phase it is expected that investment here would bring endless benefits. As per the data, the current ROI of DMC is 7- 9% and the average rental yield for a 1-bed unit is approx. 4.8%. From an investment point of view surely Dubai Maritime City.
Dubai South
Dubai South alternatively known as Dubai World Central (DWC) was established in the year 2006 with a vision of Dubai Ruler Sheikh Mohammed Bin Rashid Al Maktoum. The community is home to aviation, a residential district and a wide range of amenities. The community is best known for its 8 different phases including residential, commercial, logistics, aviation, hospitality and leisure zones.
Nearly 145 sq,m area is dedicated to the aerospace hub and 18 sq. km is for the logistics hub. Again Dubai South is home to the world’s largest International Airport and World Expo and Dubai Airshow where life is indeed more appealing.
Dubai South boasts villas, townhouses and apartments. The average property price for a 4-bed villa is AED 2.5M and for a 5 5-bed villa (in Plus Size) AED 3.4M. For investment, Dubai South is indeed the best option with the highest ROI of 5.26%
Key Takeaway
Well, investment in Dubai is undoubtedly the best idea and quite lucrative too when you take the right decision and choose the right domain for investment. The city provides endless opportunities and even support through a business-friendly environment and policies. Only investors need to stay informed about the current trend and have a good knowledge of the market, find a stable source, understand the strategy and then you can go for it. Dubai offers limitless investment opportunities which are discussed above, choose your business domain and see your investment skyrocketing in this land of opportunities.