If you’re willing to buy property in Dubai, it might get a little overwhelming for you.
Let’s break the good news to you: the market is with the buyers these days. The market trends show that average property is being sold at a price of less than 1 million. But let’s not forget the importance of yield calculation when you’re all set to buy property in Dubai.
Property investment is more like a step by step process. Once you make up your mind, the next step is to perform a little research and do your calculations to make sure that you’re making the right decision. Let’s start off with some basic questions here:
Why Invest in Dubai?
- Dubai is also known as a pit stop. People traveling between the east to the west or the other way around consider it an ideal place for a layover.
- Talk about world-class infrastructure. Burj Khalifa is not the only masterpiece here. Dubai is home to architectural masterpieces.
- If you’re someone who genuinely believes in peace, buy property in Dubai right away. Dubai has maintained an effective foreign policy over the years, and it’s known as the most peaceful country in the MENA region.
- The quality of life is excellent here. The crime rate is very low because of the laws and regulations implemented by the Government.
- Dubai is an investor’s hub. If you’re someone willing to kick start a business idea, buy property in Dubai first. Forget all the troubles of getting a permit, and dealing with registration. UAE ranks as number one in terms of ease of doing business.
- Dubai also encourages foreign investments, and there are no strict business regulations.
Why Invest in a Dubai Property?
When you compare Dubai with other global cities in the world, Dubai is cheap. There’s no doubt in that. There’s a scope for growth, and with Dubai Property Expo 2020 coming ahead there’s a hype for property investment in Dubai. 25 million people are expected to visit Dubai, and the Expo will create around 300,000 jobs altogether.
Still, if property investment is unaffordable for you, take a loan and let the incoming rent take care of it. One of the best reasons to invest in Dubai is that its economy is growing with the passage of time. So you get to take advantage of that in the long run.
The best part of having your own property in Dubai is that if you require a loan in the long run, you can count on that property to make the entire loan acquisition process easier for you. It makes sure that you’re getting a loan at a good rate, quick.
What are the best places for property investment in Dubai?
This one’s a no-brainer, right? Location plays an important role in determining the worth of the place in the coming years. It’s always a good decision to invest in properties near all the landmarks. Dubai Marina and Business Bay are some ideal locations. Let’s explore what makes these properties the best choice:
Why Dubai Marina?
If you’re considering all the business centers, Dubai Marina would top the list in terms of it being one of the most popular business opportunities. It’s one of the most searched properties in 2018. It’s a hub for business investors who like to stay here for short trips.
P.S who doesn’t love waking up to the water views? Business offices like Dubai Medina City and Dubai Internet City make Dubai Marina even more valuable. So why not go for this option?
Why Business Bay and Downtown Dubai?
Downtown Dubai tops the list among other tourist attractions in Dubai. Millions of visitors are attracted to its landmarks. Business Bay is the business hub of Downtown Dubai. The more the tourist influx, the more the property value. That’s why Downtown Dubai and Business Bay make an ideal choice for property investment.
Why Barsha Heights?
Barsha Heights is home to multi-national companies. Multinationals like BBC World, Microsoft HP, CNN, MSNBC and many more are the reason Barsha Heights is considered valuable property. Barsha Heights is an ideal choice for people willing to invest in the ‘New Dubai’ revolution.
Why Jumeirah Village Circle?
Jumeirah Village Circle was ranked on 2nd number for move in rates in 2015. It’s just 20 minutes away from Al-Maktoum International Airport which makes it an ideal choice. JVC is a short drive from the Dubai Expo 2020 venue, so it’s going to be another tourist hub. This one makes an ideal spot for hotel investment. The plus point is the location, and even after the expo you can expect a high visitor turnout as the Expo venue is to become a district.
Why Dubai Sports City?
Dubai Sports City hosts sports multiple sports academies including; cricket, hockey, badminton, and tennis. It’s just 15 minutes away from the Expo 2020 pavilion, so that’s another reason to invest here.
Why the springs?
The spring townhouses are redefining Dubai’s living. Talk about breathtaking landscapes and water views. The spring has all that counts as ‘luxurious living’. Another reason to consider The Springs is that it’s convenient for the families to send their children to school. There are about 48,000 townhouses that offer access to community retailer centers, cafes, and eateries. So why not look out for this amazing option? Now that we’re done evaluating every aspect of property investment in Dubai, and the ideal locations to buy property in Dubai. How about you start off all the groundwork. Hopefully, this article was insightful for you. We’d love some feedback. Let us know how useful you found it in the comment below. Good luck with your investment!