Top 10 Areas for Property Investment in Dubai

Top 10 Areas for Property Investment in Dubai
Top 10 Areas for Property Investment in Dubai

Dubai has always been one of the most preferred real estate destinations for investors across the globe. While local investors in Dubai keep buying properties, a large chunk of the properties in the city are the ones that have been acquired by investors from other countries.

The government and local authorities have been very encouraging of those who have wished to invest in properties in Dubai. Several factors have been responsible for this move. A lot of people have bought properties in Dubai, made commercial businesses out of them, and created jobs for residents.

While Dubai is a great place to invest in properties, certain areas in the city prove to be more suitable or lucrative for investors than other localities. When you reach out to a real estate company in Dubai, they might encourage you to invest in properties based in areas where their office is based or the localities where they have a strong association with property owners.

Here are some of the best areas where you can invest in a property in Dubai:

Business Bay

Business Bay is one of the most advanced areas in Dubai that continues to be developed and expanded. The area is synonymous with several high-rise buildings and skyscrapers. Since it is being developed as an area that will have residential and commercial properties and business units, it is one of the best places to invest in real estate.

If somebody invests in real estate in Business Bay, they can be sure about getting some solid returns in a few years. While investing in a property in Business Bay is an expensive proposition, it is well worth it. Since the area is currently being developed, it is one of the best places to buy an off plan property.

Jumeirah Village Circle

When somebody wants to invest in a residential property in Dubai, Jumeirah Village Circle proves to be one of the best areas to invest in. The area is known for having a family-friendly atmosphere and that is one of the reasons behind families buying properties here.

While Jumeirah Village Circle has several independent houses, the area is known to be a hub of apartments. Whether you are planning to invest in a 1 BHK apartment or buy a 3 BHK flat, you will get a lot of options to choose from in this area.

Meydan City

Meydan City is the right place for you to invest in if you are looking for a luxurious abode or want to invest in a premium property that can yield rich dividends in the future. Apart from residential properties, this upscale locality has emerged as a hub for business units.

The relevance of this area can be gauged by the fact that the Dubai World Cup is organized every year. It also serves as the base for the horse racing festival organized annually. Apartments, townhouses, and villas are some of the many types of properties that are up for sale here.

Dubai Hills Estate

Often described as a mixed-use community consisting of premium townhouses, villas, and apartments, Dubai Hills Estate is an upscale residential area that is a part of Mohammed bin Rashid City in Dubai.

Dubai Hills Estate is also known to be the base of the expatriate community living in Dubai. When somebody from the community, who has a good amount of funds at their disposal, gets in touch with a real estate company, they are advised to buy a property in this area.

Jumeirah Beach Residence

Jumeirah Beach Residence is an ideal location for those who like staying close to the water or the beaches. It is also a great place for those who enjoy participating in adventure activities. Apart from residential units, Jumeirah Beach Residence has a bunch of hotels as well.

While investing in a residential property in Jumeirah Beach Residence proves to be a good decision, business owners can also set up commercial properties to cater to those who come to visit this area as tourists.

Palm Jumeirah

Palm Jumeirah is an area which consists of a bunch of artificial islands. It is one of those localities in Dubai that serve as a solid example of the great engineering and architectural skills people in the city possess.

Palm Jumeirah is one of the most modern areas in Dubai and is known for serving as a base for a plethora of hotels, hotel residences, and resorts. It proves to be an ideal destination for individuals who want to invest in commercial properties and those who are interested in residential properties.

Arabian Ranches

Launched in the year 2004, Arabian Ranches is one of the most sought-after gated villa communities in Dubai. If you are a golfing enthusiast, Arabian Ranches is the best area in Dubai for you to invest in a property.

Over the years, Arabian Ranches has expanded significantly. While Arabian Ranches 2 was launched in the year 2012, Arabian Ranches 3 opened its doors to investors in 2019. The former largely consists of village-style communities and the latter is synonymous with well-designed townhouses.

Bluewaters Island

Bluewaters Island is one of the most vibrant artificial islands in Dubai which is situated quite close to the Jumeirah Beach Residence coastline. Since its unveiling in 2013, Bluewaters Island has attracted the attention of real estate investors from all parts of the world.

Bluewaters Island comprises a variety of residential, entertainment, retail, and hospitality zones. Every year, more than three million individuals visit the island. This is one of the best areas in Dubai to set up commercial outlets.

Downtown Dubai

When one speaks about the best areas for real estate investors in Dubai, one cannot miss out on mentioning Downtown Dubai. Developed and designed by Emaar Properties, Downtown Dubai can be best described as a mixed-use complex.

Some of the most prominent landmarks that are a part of Downtown Dubai are the Dubai Mall, Dubai Fountain, Fashion Avenue, Burj Vista, and Dubai Opera. When you have a residential property in Downtown Dubai, you can expect to live close to some of the most happening commercial units in the city.

Dubai Marina

Dubai Marina, also referred to as Marsa Dubai, happens to be one of the most thriving districts in Dubai. The artificial canal city features a vast number of residential villas and towers. A large number of people prefer living here as the area is very close to the open sea.

In the last few years, Dubai Marina has emerged as the hub for all kinds of water-based activities in the city. If you are planning to buy a residential property in Dubai that offers access to all modern amenities and luxury, this is the area you need to invest in.

Company Bio – Falcon Premier Real Estate

When you look for the best real estate agency in Dubai, you will find most people pointing you toward Falcon Premier Real Estate. For years, the company has helped people secure the right properties for themselves at fair prices. Apart from helping them crack the right deal, the company has guided both individuals and businesses towards making the right investment decisions for themselves in the real estate market in Dubai.

Make a free consultation

Please fill out the form below and we'll contact you shortly.

Enquire Now

    Whats_App Call_Us