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If you are looking for the best property to buy in Dubai, then you are in the right place. Here you will area is the to buy property for living and investment purposes. Dubai is one of the most beautiful, multicultural, and fastest-growing cities in the world. It boasts impressive infrastructure, cultural diversity, a stable economy, and rich heritage. For this reason, many local investors, foreigners, and expatriates alike prefer it for their real estate investment in the best places to buy property in Dubai.
The population in 2021 is 2,921,376 and is growing at a rate of 1.50% each year. Dubai property prices are stable and rental yields are high, which is another reason to invest in Dubai. With prime locations such as Dubai Marina and Business Bay, the city has a reputation for offering some of the best infrastructure and quality of life in the Middle East. If you are looking to invest in the Dubai property market, you are on the right track.
Dubai is considered the investment capital of the UAE and with good reason. It is also one of the famous cities visited by tourists from all over the world. However, to invest in Dubai real estate, you need to know which neighborhoods are ideal for generating promising returns.
Alich properties is one of the well-known real estate companies in Dubai that help people in purchasing property all across Dubai. We have a real estate specialist team who have deep knowledge of this industry and are always ready to assist you in achieving more with the property. Whether you’re looking to sell, purchase, let or rent, we have the expertise you need.
Most preferred areas for the best property to buy in Dubai
Here are the most preferred areas among people for the best property to buy in Dubai:
Business Bay is right next to Downtown Dubai and stretches from Ras Al Khor to Sheikh Zayed Road. It is Dubai’s renowned commercial hub and plays a key role in making the UAE a major business destination. There are over 240 buildings, including both residential and commercial buildings. Spread over approximately 46.9 million square feet, nearly 22% is residential, 18% commercial and the remainder is mixed-use. It is one of the fastest developing areas in Dubai, and the demand for real estate is increasing. With highways, schools, shopping malls, medical facilities, recreational facilities, and other facilities nearby, Business Bay is definitely one of the best areas for investment in Dubai.
Dubai sports city
Dubai Sports City is found along the Sheikh Mohammed bin Zayed Road Corridor, near Al Maktoum International Airport. There is a mixture of residential and commercial facilities and retail and sports facilities. This is one of the first municipalities to join the Dubai government’s initiative to reduce carbon emissions. As the first stage in this direction, all regular sodium street lights will be replaced with solar-powered LEDs. There are also plans to build a solar power plant to offload Dubai’s power grid and bring savings to the community.
Downtown Dubai needs no introduction. Home to the iconic Burj Khalifa and Dubai Mall, he is one of the most visited tourist destinations in the world. Downtown Dubai, also famous as ‘The Center of Now, is a mega-development spread over 500 hectares of land. The area is famous for its central luxury apartments and its picturesque apartments in the old town. Real estate demand in the region is expected to continue with Burj Khalifa. Prices are on the high end of the spectrum, but high secondary market demand and high rental yields make this a great investment location.
Dubai Marina has been a favorite destination for Dubai property investors in recent years. The place is a mix of apartments, villas, and a wide range of retail outlets and restaurants, making it a favorite among Dubai real estate investors. Bayut released his monthly Dubai real estate report in January 2018. The report highlights that property asking prices in Dubai Marina are stable, making it a great place to invest in property.
Palm Jumeirah is another long-standing favorite for Dubai real estate investors and tops the list of best-performing luxury areas. In recent years, his Palm Jumeirah location and impressive projects have made him one of the most trusted real estate investment destinations in Dubai. The Palm Beach Residences and Raffles projects are currently under development, and once completed, demand for the location is sure to continue to grow. Apart from apartments, Palm Jumeirah is also known for its luxurious villas. High demand in the secondary market makes it more attractive to buy property here.
If you are looking for the best property to buy in Dubai, then don’t forget to contact Alich properties because we are the leading real estate company in Dubai that helps people in purchasing, selling, and rent properties all across Dubai.
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