Dubai
About Dubai
Dubai is one of the most advanced and quickly developing cities in the world, the most populous city in the United Arab Emirates, and the capital of the Emirate of Dubai. The emirate is located on the shore of the Arabian Gulf and consists of a wide range of villages and municipalities. The Emirate of Dubai is currently ruled by Sheikh Mohammed bin Rashid Al Maktoum.
Dubai City is constantly developing new residential and commercial projects, thus drawing new residents and tourists from all over the world. The city provides world-class infrastructure and a secure environment for the property market and considerable investments from outside the UAE. Foreigners can invest in Dubai property in special areas known as freehold zones. They can either purchase real estate for their personal use or for future business endeavors. Depending on the amount of invested funds, individuals are eligible for various resident visas with durations ranging from half a year to 10 years. Dubai communities offer various property types, including studios, apartments, and villas, whose prices range from AED 659,000 to AED 957 million.
Dubai Projects
While there are a lot of residential complexes scattered across Dubai City, some of them are more popular than others due to a number of reasons. We are going to take a look at four of the most popular projects in the city.
Nad Al Sheba
Nad Al Sheba is a residential project developed by Nakheel. It consists of four districts, each with its unique look and feel: Nad Al Sheba 1, Nad Al Sheba 2, Nad Al Sheba 3, and Nad Al Sheba 4. Nad Al Sheba 1 is somewhat removed from other parts of the project, thus providing a more tranquil environment. Nad Al Sheba 2 features private villas and is largely considered to be a family-friendly neighborhood. Nad Al Sheba 3 houses multiple renowned educational institutes and the Nad Al Sheba Villas project. Nad Al Sheba 4 is also a family-focused neighborhood that features villas, schools, and parks.
The Valley
The Valley is a community development located at the edge of Dubai and developed by Emaar Properties. This is one of the newer communities in the city that is going to provide its residents with top-notch properties and a wide range of amenities that will make it truly self-sufficient.
The Valley offers 3- and 4-bedroom townhouses and villas that are surrounded by lush green landscapes. Along with residential and commercial properties, the community will feature educational and healthcare facilities that every resident will be able to enjoy. The Valley's full launch is planned for the 4th quarter of 2023.
Expo Golf Villas
Expo Golf Villas is a residential complex developed by Emaar properties located in the Emaar South sub-community of the Dubai South community. This project offers premium villas with 3 and 4 bedrooms along with a wide range of amenities for comfortable and carefree living.
The Expo Golf Villas neighborhood is located amidst lush greenery and is just a few minutes away from Expo 2020 that is set for 2021, an 18-hole championship golf course, and an aviation hub that is going to be built soon. The project sports a modern architectural style with houses fitted with large windows, so residents can enjoy plenty of natural light and amazing community views. Expo Golf Villas feature a lot of public amenities, including a swimming pool, children's playgrounds, lawns, etc.
Our Expert Will Help You
Why Invest in Dubai Property Market
As you can see, the property market of Dubai is an incredibly vibrant and quickly developing environment. But, it's not enough to just know that there are some vague opportunities for earning money, unless you just want to buy a property and settle in the city, like a regular resident. But, if you want to make an investment for future income, there is some information you should know first.
In Nad Al Sheba, investors can invest either in apartments or villas. 1-bedroom apartments generate an ROI of 4%, while 3-bedroom villas generate the highest ROI among standalone houses, which is 3.8%.
A La Carte Villas, located in DAMAC Hills, offer investors 3- and 4-bedroom villas, where 3-bedroom units provide an ROI of 5.2%, which is the highest in the neighborhood.
As of The Valley by Emaar, right now there is no information regarding rental trends, hence it's impossible to say what the ROI might be. However, the developer is convinced that their advantageous offers will inevitably result in a relatively high ROI. It remains to be seen, how it all turns out, but the general tendency looks quite promising.
Expo Golf Villas located in Emaar South has the highest return on investment among all the projects mentioned in this list. A 3-bedroom villa provides an ROI of 9%.