Dubai in the UAE is an internationally-known advanced metropolis built on the territory of a base desert. The development of the area and construction of breathtaking architectural masterpieces started after the discovery of oil fields. Today, Dubai is rightfully considered the economic and transport center of the entire Middle East, overshadowing even the capital of the United Arab Emirates – Abu Dhabi. No wonder that the most beautiful houses are located in Dubai. Besides, the crucial feature of the city is that the local real estate market is developing rapidly, and the development is carried out at a very rapid pace. Real estate in Dubai for sale provides numerous profits to foreign buyers and creates outstanding business opportunities.
Variety of property objects in Dubai
A visit to Dubai is a perfect opportunity to immerse yourself into the atmosphere of luxury and richness. It is extremely difficult to identify the most glamorous home there as all of them deserve attention.
Dubai can be called the capital of the best things in the world. The tallest skyscrapers in the world – Burj Khalifa, the most daring project for the construction of artificial islands Palm and The World, the world’s largest shopping malls and, of course, the most beautiful houses, villas and apartments.
Anyone wishing to buy residential real estate in Dubai has a variety of choices. Local developers offer modern minimalistic options, and original villas in the style of Beverly Hills, and cozy estates in the spirit of old Spain and the East.
Best neighborhoods of Dubai
Choice of location is an individual decision that is influenced by many factors. Still, experienced investors prefer to buy liquid real estate in popular destinations of Dubai. The neighborhoods that boast of extreme demand among foreigners are the following:
- Downtown Dubai – up to 10% ROI;
- Dubai Marina – up to 6-8% ROI;
- Palm Jumeirah – up to 10% ROI;
- DubaiLand – up to 5,5% ROI;
- Arabian Ranches – up to 7% ROI.
When choosing an area in Dubai to buy a property, one should take into account its type, cost and intended use. Within the same area you can find both luxurious villas and modest apartments, but the price level of almost identical objects may differ significantly depending on their location.
Ambitious real estate projects in Dubai the UAE
Marina Shores from Emaar Properties
The 53-story tower includes one- to four-bedroom apartments and a five-bedroom penthouse with a pool terrace. Each apartment has stunning views of the area and the Dubai Marina promenade. The territory of Marina Shores provides the following facilities:
- lavish park with a barbeque zones;
- fitness-center, spa, swimming pool;
- co-working space and conference hall;
- facilities for children.
Ellington House from Ellington properties
This is a 12-storey building with spacious bright apartments. The layout of each apartment includes a living room, kitchen, bedrooms with bathrooms, large built-in closets and a balcony from which you can admire views of the Dubai Hills golf course and the city.
- Libraries and lounge zones;
- sport facilities;
- parking and security;
- facilities for children;
- bicycle storage and maintenance areas;
- dog wash stations.
The Palm Gateway from Nakheel Properties
The Palm Gateway is a new residential complex from a reliable developer. It is located on an artificially created island in the form of a palm tree with a crescent moon around it and consists of three high-rise buildings: The Palm Gateway Beach Tower, The Palm Gateway Central Tower, and The Palm Gateway Tubular Tower.
- Restaurants and cafes;
- sport facilities;
- facilities for children;
- shops;
- conference hall.
Dubai has a lot to offer to foreign investors who are looking for a unique and luxury housing unit with high potential.
Even with the unstable world`s situation, real estate in Dubai still retains investment appeal to foreign buyers. The reasons are the steady economic growth of the emirate, the almost complete absence of taxes and a stable housing market.
The above-mentioned projects are only a tiny part of the whole variety of outstanding housing options in Dubai. The website Emirates.Estate introduces the detailed description of each apartment or a house along with pictures.
