Top 10 Best Areas for Property Investment in Dubai

Dubai remains to be a popular investment hub in the real estate category boasting of high yields, luxury and a wide variety of properties. According to Luxury Residences, here are the top 10 best areas for property investment in Dubai:  

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1. Al Barari  
Al Barari has earned the reputation of a primarily green area, which makes it different from other parts of Dubai in terms of materials and design. The project’s total area is 42 million square feet. The prices of the properties lie between AED 7 million for an apartment and AED 40 million for villa. Al Barari also has the highest rental yield of 8%. Thus, the attractiveness of the industry for investors reaches 30%; it is obvious that this level of growth would keep ascending.  

2. Dubai Marina  
Dubai Marina is a diverse and vibrant water-side city neighborhood where most are young working-class individuals and foreigners. It has different types of apartments with beautiful scenery starting from studio type costing AED 800,000 up to AED 10,000,000 for penthouses. It is a lively area with regard to the nightlife and close to the beach, and rental yield is 6. 54%.  

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3. Za’abeel  
Za’abeel is a popular and easily accessible area that won cultural value and has such sights as the Dubai Frame and Zabeel Park. It comprises a range of property options with the prices being from AED 1m to AED 15m. The rental yield here is 7.28% of the total households are renters, which shows its versatility in serving various demographic groups of people.  

4. Dubai Hills Estate (Villas)  
This resort-style neighborhood of luxurious villas is built around this championship golf course with 18 holes. While the starting price for a villa is set at AED 3.5 million, certain villas are have sold for up to AED 25 million. Another factor that makes it attractive for investment is that it is friendly for families, with beautiful parks, and essential facilities such as shopping malls and schools; the gross rent yield is 6.04%.  

5. Jumeirah Golf Estates  
Jumeirah Golf Estates is known for its perfect living and quality golf courses, and various villas, Mediterranean and the contemporary ones. The property covers a price bracket of AED 3 million to as high as AED 25 million. It has clubhouse facilities for the tenants and beautiful scenery; it has a rental yield of 5.88%.  

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6. Jumeirah Beach Residence (JBR)  
JBR contains modern tailored architectural designs like high rise apartments/ flats, penthouses and beach front properties. There is affordable housing where the prices begin at AED 1 million for apartments, and luxurious units can cost more than AED 10 million for penthouses. The lively promenade, shops, and restaurants which has a rental return of 5.82%.  

7. Business Bay  
Business Bay which is the central business district of Dubai consists of modern towering metallic terminal like buildings and the sophisticated city life. It’s pricing for studios ranging from AED 800,000 to apartments of up to AED 5 million. The rental returns of 5. 72% relates to the fact that the area is professional and business oriented.  

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8. Downtown Dubai  
Downtown Dubai is a modern city that can amaze with fancy buildings such as Burj Khalifa and the Dubai Mall. The properties cost varies from AED 1.2 million to AED 30 million or more. Luxury shopping outlets, restaurants and entertainment facilities are added sources of rental that give a yield of 5. 59%.  

9. Palm Jumeirah Apartments  
The artificial island of Palm Jumeirah, which is man-made, is filled with fabulous apartments with sea view of Arabian Gulf. Apartment prices begin from AED 1. 5 million while for the luxurious penthouses, price could go up to AED 20 million. The luxurious lifestyle by the sea, private beaches and resorts give an average rental return of 5. 34%.  

10. City Walk  
City Walk is a contemporary urban project primarily based on improving the people’s quality of leisure and working space with European architecture elements and artistic graffiti on buildings’ walls. Property prices are likely to cost between AED 1. 5 million for medium range to as high as an AED 7 million for better units. The yield, as far as rents is concerned, is at 5.24% implying that people are interested in this area due to its cosmopolitan look.

 

 

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