Dubai is one of the world’s most concentrated luxury property markets. The vast majority of its housing offers include premium flats and apartments, with access to first-class amenities and iconic attractions. Investors value these real estate options due to the high return on investment (ROI), which can reach 9% per annum here.
Lifestyle
There are various options for those who want to invest in apartments in Dubai. Apartments in Dubai for sale range from studios to 5-bedroom residences. Most apartments have a maid's room, a laundry room, a terrace or balcony, and a storage room.
Residential complexes have all the amenities that a resident of a megalopolis may need for his comfortable life. They include:
- equipped gyms
- swimming pools
- children's playgrounds
- recreation and spa areas
- parking spaces
- barbecue areas and much more
Real estate in the emirate is put up for sale with ready-made repairs, designer finishes, furniture, and household appliances.
In addition to flats, there are duplexes and triplexes on the market which are located on the second and third floors of a residential complex, hotel apartments with access to hotel amenities and services, and luxury penthouses. Some flats also have designer furniture from Versace, Fendi, and Armani brands.
Apartment prices in Dubai
The cost of real estate varies depending on the size, layout, area, and individual real estate features. Below are the prices for flats in the most sought-after districts of the city.
| District | Average cost per 1 m2 | Minimum cost of apartments |
|---|---|---|
| Downtown Dubai | 1 691 AED (460 $; 3 015 ¥) | 1 500 000 AED (408 383 $; 2 674 911 ¥) |
| Dubai Marina | 1 279 AED (348 $; 2 280 ¥) | 899 000 AED (244 757 $; 1 603 163 ¥) |
| Dubai Hills | 1 439 AED (391 $; 2 566 ¥) | 774 888 AED (210 967 $; 1 381 838 ¥) |
| Palm Jumeirah | 3 043 AED (828 $; 5 426 ¥) | 993 888 AED (270 591 $; 1 772 375 ¥) |
Current prices in dollars and euros are available in the catalog on the website.
In addition to ready-to-live-in properties, buyers can choose a wide range of housing in off-plan residential complexes. As a rule, the developer can sell off-plan real estate before the project is put into operation. The main benefit of such transactions is savings. On average, apartments in off-plan projects are sold 25-30% cheaper than ready-made ones. The saving is dependent on the stage of construction, as the further it is from completion, the cheaper the housing is.
Each buyer can choose a flexible payment plan. You do not need to transfer the entire amount at once but only a small percentage of it. The initial payment depends on the developer and the residential complex, but on average it is 10-20%.
Sought-after districts in Dubai
Overseas investors and buyers can purchase apartments in Dubai in special freehold zones. There are over 50 freehold areas in the emirate where you can buy a flat in Dubai in full ownership, without involving third parties. These individual areas are each good options for various reasons, some are suitable for family life, others for business, etc.
The most popular districts to buy an apartment in Dubai are:
- Downtown Dubai
- Dubai Marina
- Dubai Hills
- Palm Jumeirah
Apartments in Dubai for investment
Dubai is known for offering a good rental yield for those investing in the emirate. International City, Dubai Silicon Oasis (DSO), and Jumeirah Lake Towers (JLT) offer the highest return on investment. The return on investment in International City is 9%, the DSO rental return is 8.2%, and the ROI of JLT is 7.9%. Flats for sale in Dubai in areas such as Downtown Dubai, Dubai Marina, and Palm Jumeirah, offer a good return on investment at more than 5.4%.
Buying apartments in Dubai, the UAE
Start searching for your dream apartment in one of the world’s most prosperous cities with Apartments-Dubai.Sale! In the catalog, you will find apartments in Downtown Dubai, Dubai Marina, Dubai Hills, Palm Jumeirah, Burj Khalifa, and other popular locations of the emirate, as well as learn detailed information about prices and properties on the market, including ready-made residences and real estate in off-plan projects from leading developers in Dubai!
If necessary, our specialists are always ready to advise you on the purchase, sale, and rental of apartments.
