Top Best Areas to Buy Property in Dubai that you must know!

Are you looking to invest in property in Dubai but unsure about which areas to consider? You’re not alone! With so many options available, it can be overwhelming to choose the best Areas to Buy Property in Dubai.

In this article, we’ll explore the best areas to buy property in Dubai, taking into account factors such as rental yields, capital appreciation, and accessibility. We’ll also provide you with some statistics and facts to help you make an informed decision. Did you know that Dubai’s real estate sector is one of the most dynamic and diverse markets globally, with a total transaction value of AED 44 billion in May 2023 alone?

Without further ado, let’s dive into the top best Areas to Buy Property in Dubai to consider when buying property in Dubai.

Do you know where the best Areas to Buy Property in Dubai are? Most people who decide to migrate for work, study, or tourism choose Dubai for this purpose because it has become an advanced region in the Middle East.

If you want to invest in Dubai and buy a house, you should know which areas of Dubai are more suitable for buying property and choose a reputable company for this purpose. 

The Dubai Home Company is one of the active companies in this field, which we will discuss further.

The best Areas to Buy Property in Dubai

Many visitors and tourists consider Dubai as a holiday destination with its largest and most luxurious properties.

Apart from being known for its tall buildings, this city is known as the economic center of the Middle East. It is interesting to know that these points and features have made Dubai, with its tall buildings such as Burj Khalifa and Palm Jumeirah and prominent construction companies such as Emaar and Diyar, become one of the most important real estate markets in the world.

If you are interested in buying real estate in Dubai, first of all, it is better to get information about buying real estate in the best towns in Dubai. So we suggest you read today’s article carefully.

Where is Dubai located?

Dubai is one of the largest cities in the United Arab Emirates and has an area of about 4,110 square kilometers. It is also located in the Persian Gulf region and borders the cities of Sharjah and Abu Dhabi.

Since big investors from other countries have chosen this region for investment, Dubai has seen significant prosperity and progress in terms of having high urban standards and economic conditions, and comfortable living facilities and has been able to attract many people to invest in this city. 

If you want to know which are the best Areas to Buy Property in Dubai? Stay with us until the end of this article.

Why Dubai Is the Perfect Place to Invest In Real Estate?

As we mentioned before, most investors consider buying property in Dubai as a profitable choice due to the low tax rate, high return on rental income, and the freedom to start a business. In this section, we talk about why Dubai is among the top 10 places in the world to invest.

·         Being tax-free in Dubai settlements

Exemption from taxes in Dubai estates is a special privilege that investors who are looking to buy apartments in Dubai like this very much. That is, considering this characteristic, you, as an investor or a buyer who wants to buy a residential property, should not pay value-added tax, abbreviated as “VAT”. 

In addition to the fact that the city of Dubai does not have a residential property tax, it is also famous for zero income tax.

·         Having an open economic system

You have probably heard about the foreign direct investment sector, abbreviated as “FDI”, which has brought Dubai high growth in the past few years. 

Real estate experts also say that some important factors such as private sector regulations, minimal government supervision, and free economic policies have attracted foreign direct investment and Dubai’s growth.

·         Having simple payment plans

Many large residential projects were built by famous construction companies such as Emaar Construction Company and other famous construction companies in Dubai. The best feature that you can see in all these real estate projects in Dubai is the simple and attractive payment plans that are offered to buyers and investors. That is, if you want to buy one of your favorite houses and properties in Dubai Townships, you don’t have to pay the entire cost from the beginning by using affordable payment plans.

·         The strategic location of Dubai

The next advantage of Dubai is its strategic location. Dubai’s strategic location, which is the crossroads of Europe, Asia, and Africa and easily connects you to the most important international emerging markets, makes many investors invest in Dubai estates every year.

·         Having first-class infrastructure

Due to the smart policy of the Dubai government, the city’s first-class infrastructure has become one of its top features and benefits. This superiority can be seen from here that the government works hard every year on different first-class infrastructures and investments in telecommunications, transportation, and industrial infrastructure. This feature of Dubai has made it one of the most attractive real estate investment destinations in the world.

·         Continuous economic progress

By buying a property in Dubai, the money you have spent in this way will be profitable, and you will never suffer losses.

·         The rapid development of technology in urban management

The urban management of Dubai has been done in such a way that it has been able to face progress in all fields. 

For example, by choosing the best areas of Dubai to buy property, you will benefit from advanced and up-to-date technologies that are available in Western countries and you will experience a good and peaceful life.

·         High security

Security is another important feature that you will get by buying a property in Dubai because this security is provided in all areas of Dubai and you and your family will live a peaceful and happy life in this city.

What are the best Areas to Buy Property in Dubai?

In fact, there is no other place in the world like Dubai. In this part of the article, we will introduce the best Areas to Buy Property in Dubai.

Palm Jumeirah

Palm Jumeirah is one of the most reliable places to invest in Dubai and one of the best Areas to Buy Property in Dubai. Thanks to its luxurious location and exciting projects such as Palm Beach Resort and lotteries, it is certainly a great area to explore.

The prices of apartments here have remained stable. With 1-bedroom apartments for AED 2.14 million and 2-bedroom apartments for AED 2.58 million, they attract buyers and investors to buy property in this beautiful area.

However, Palm Jumeirah is also popular with buyers looking for villas, with 3-bedroom villas available for AED 6.2 million.

Downtown Dubai

Downtown Dubai, home to The Dubai Mall, Burj Khalifa, and Mohammed Bin Rashid Boulevard, is famous for its high-rise apartments and is another of the best Areas to Buy Property in Dubai. Dubai’s Burj Khalifa is currently one of the most visited tourist attractions in the world. Therefore, the charm of this area will surely last.

The vernacular Arabic low-rise architectural style prevails in the old city, while contemporary high-rise buildings dominate the rest. Downtown Dubai has a collection of high-end hotels such as Address Downtown, Vida Downtown, and Al Manzil Downtown, as well as attractions such as the luxurious Arab Bazaar, Souq Al Bahar, and a 3.5-kilometer strip of restaurants and cafes on Sheikh Mohammed Bin Rashid Boulevard. Souq Al Bahar has more than 100 shops and more than 20 restaurants, cafes, and lounges in the vicinity of the Dubai Fountains.

Studio apartments (apartments with a small space and an open design) are usually priced at AED 920,000, while 1-bed apartments sell for approximately AED 1.45 million.

Jumeirah Village Circle

With a great location close to Dubai Marina and Jebel Ali, It’s no wonder that the Jumeirah residential area remains so popular with investors; Especially for the best places to buy property in Dubai or buy villas in Dubai.

Jumeirah Village Circle is built on an area of 870 hectares and is divided into six areas. Housing here includes large villas, townhouses, and apartments, and while you can find ready-made properties here, there is also a lot of construction activity going on.

Circle Mall is under construction with 235 shops, an anchor supermarket, two department stores, a multi-screen cinema, a health clinic, cafes, restaurants, and a food court. 

A large number of villas are either complete or under construction, and more than 100 residential, commercial, and hotel buildings are in the design stage. But among them, there are also some unfinished and abandoned ones.

The quality of buildings varies depending on their development and completion, and it varies from large development projects to inferior and smaller buildings.

Slightly more affordable than Palm Jumeirah and Downtown Dubai, 1-bedroom apartments here typically sell for AED 740,000. While 2-bedroom apartments are sold for approximately AED 1.1 million.

Damac Hills 2

If you are looking for an exclusive residential setting that is both mind-blowing and unique, then Damac Hills 2 is the perfect setting for you. Aside from becoming accustomed to the hustle and bustle of the city, you will also enjoy the quiet atmosphere of the area. 

In addition, this community is designed to be eco-friendly, so it includes vast areas of trees and water features to enable the residents to enjoy the lush greenery of nature, which is incorporated into the community. Dubailand is located near the southern tip of Dubai, ensuring the residents a peaceful lifestyle. 

You can choose between lavish apartments, villas, or townhouses; however, all of them have high-quality finishings and modern interiors. 

Dubai Marina

Another favorite among investors is Dubai Marina, which houses beautiful villas, high-rise apartments, and plenty of restaurants and retail outlets.

Dubai Marina is inspired by the development of top and well-known projects such as Concord in Vancouver, Canada. The city is an artificial canal built along a 3 km (2 mi) stretch of Persian Gulf coastline.

90% of the 200 skyscrapers surrounding the marina, including the Princess Tower, the tallest residential building in the world, are residential blocks. This has caused this area to accommodate a large population. 

The huge population of this area is one of the best places to buy property in Dubai, which has provided excellent business and investment opportunities.

The price of apartments in this area has also remained stable. 1-bedroom apartments are sold for AED 1.15 million, and 2-bedroom apartments for AED 1.9 million.

International City

An attractive area of residences, tourist attractions, and businesses, International City is renowned for offering extremely high rates of return.

This area is placed in repeating patterns of so-called clusters, each of which is named after a different country and designed using the architectural styles of that country: England, UAE, Russia, Italy, Spain, France, Iran, Greece, Morocco, and China.

There are 485 apartment buildings in 9 residential areas and the central business district. Rents here are relatively low as the apartments are designed for low to middle-income earners.

A 1-bedroom apartment typically sells for AED 305,000, while a 2-bedroom apartment sells for AED 520,000.

Business Bay

Business Bay is a highly developed area in the heart of Dubai. With well-equipped infrastructure to promote business, business, and luxury living.

Due to its unique location next to DIFC (Dubai International Financial Centre), Free Zones (where foreigners can buy and rent property in Dubai), and the world’s tallest tower, Burj Khalifa, it is an ideal place to invest in.

Business Bay, which is still under development, includes 64 million square feet of freehold projects.

Dubai Business Bay has more than 240 well-equipped towers, offices with full or semi-equipped indoor and outdoor facilities, in state-of-the-art buildings with superior facilities, which you can choose from if you are looking to buy or rent a commercial office. 

In addition, most towers offer residential apartments for rent and sale as well as lovely penthouses and garden villas.

Arabian Ranches

Are you searching for a family-friendly community with spacious units? Arabian Ranches ideally matches your request. It’s one of the best areas to buy a villa or townhouse in Dubai, providing many options with ranging areas. 

In addition, you can finally become the owner of your dream home with a private garden and pool in this remarkable area. At Arabian Ranches, you will have quick access to Sheikh Zayed Mohammed Bin Zayed, one of the main roads in the city.  

This enables you to reach other areas of Dubai effortlessly. In addition, the community is home to the Arabian Ranches Golf Club. This means that you will not only enjoy the game of golf, but you will also have a great stay with a view of the golf course.

Dubai Hills Estate 

How about living next to the stunning views of the golf courses? this is great! Dubai Hills Estate is a luxurious residential area that offers you a great lifestyle. The units here are located next to large golf courses, so you’ll wake up to uninterrupted views of the green.

Dubai Hills Estate is located within walking distance of downtown Dubai, giving you easy access to the amenities in the heart of the city. In addition, you will find a variety of services in the community that will ensure your convenience.

When it comes to entertainment, this gem is home to Dubai Hills Golf Club, one of the best golf courses in Dubai. You can go there and enjoy a game with your friends. If you dream of a luxurious and premium residential area, then Dubai Hills Estate is the area.

For more information on 1-bedroom and 2-bedroom apartments for sale in Dubai or for more advice on the best places to buy property in Dubai and the Best Areas to Buy Property in Dubai, contact us today through communication channels.

Where is the Best Areas to Buy Property in Dubai?

It doesn’t matter whether you have gone to Dubai for investment or you have chosen this city for immigration, in any case, to stay in this city and start your business, you need to know which the Best Areas to Buy Property in Dubai are?

In this article, we have tried to introduce some examples of the Best Areas to Buy Property in Dubai, so if you are looking to start a business in a more populated area, the city center of Dubai is better for you. Also, if you want to live in a place where you can enjoy more peace, the Jumeirah area is one of the good suggestions in this regard. By visiting the Dubai Home website, you can identify the best areas of Dubai and make your purchase by receiving free advice and guidance.

In the end, it should be said that Dubai seems to be a good destination for travel, immigration, and investment due to its increasing development. Due to the diversity in the texture of the neighborhoods of this city, one can see the power to satisfy any kind of taste.

Choosing the best area seems like a difficult task. Depending on the tastes and reasons for staying in Dubai, you can choose an area. Also, due to the continuous and all-around development of this city, it may not be possible to say that the current chosen place for business or residence in the next ten years can still be the best choice. But the current all-around progress is promising that all areas of Dubai will continue to move forward sooner or later.

The United Arab Emirates and, consequently, Dubai, showed that they can stand up in times of crisis. In 2012, when the world financial crisis was at its peak, many construction projects in this country were suspended. But currently, construction projects continue to move forward with all their strength.

Conclusion

In this article, we have discussed the best areas to buy property in Dubai, based on factors such as location, amenities, and affordability. We highlighted the top four areas that offer good investment opportunities for those looking to buy property in Dubai.

Thank you for taking the time to read our article. If you have any questions or suggestions about the content we discussed, please feel free to leave a comment below. Our team is always happy to help and answer any questions you may have.

FAQ about Best Areas to Buy Property in Dubai