DUBAI'S MOST EXCLUSIVE APARTMENTS FOR SALE
THE MOST EXCLUSIVE & LUXURY RESIDENTIAL PROPERTIES FOR SALE
Dubai's most trusted real estate agency
AED 650K
USD $177K
STARTING AT
Overview
Dubai is one of the fastest-growing cities in the world, with a booming economy, world-class infrastructure, and a cosmopolitan lifestyle. It's no wonder that more and more people are flocking to this vibrant city to live, work, and invest in property. One of the most popular types of property in Dubai is apartments. We'll take a closer look at why you should consider buying them.
1. High rental yields
Dubai's rental yields are among the highest in the world, with an average of 6-8% per annum. This means that investors can earn a healthy return on their investment by renting out their apartments to tenants. With the city's growing population and demand for rental properties, there is a consistent demand for apartments, making them a sound investment.
2. Excellent location
Dubai is strategically located between Asia, Europe, and Africa, making it an important hub for trade and commerce. Its excellent connectivity through air, sea, and road makes it an attractive destination for businesses, expatriates, and tourists. Buying an apartment in Dubai means owning a piece of prime real estate in a thriving city with a global outlook.
3. Tax benefits
Dubai offers tax-free living for residents, making it an attractive destination for investors and high-net-worth individuals. There are no income, capital gains, or property taxes, making it a financially rewarding place to own property.
4. Capital appreciation
Dubai's property market has shown consistent growth over the years, with an average annual appreciation rate of around 7-8%. This means that apartment owners can benefit from capital appreciation on their investment over time, making it a valuable long-term asset.
5. Stable political environment
Dubai's political stability and strong governance have created a safe and secure environment for investors. The government's commitment to economic diversification, infrastructure development, and social welfare has resulted in a stable and prosperous society.
1. High rental yields
Dubai's rental yields are among the highest in the world, with an average of 6-8% per annum. This means that investors can earn a healthy return on their investment by renting out their apartments to tenants. With the city's growing population and demand for rental properties, there is a consistent demand for apartments, making them a sound investment.
2. Excellent location
Dubai is strategically located between Asia, Europe, and Africa, making it an important hub for trade and commerce. Its excellent connectivity through air, sea, and road makes it an attractive destination for businesses, expatriates, and tourists. Buying an apartment in Dubai means owning a piece of prime real estate in a thriving city with a global outlook.
3. Tax benefits
Dubai offers tax-free living for residents, making it an attractive destination for investors and high-net-worth individuals. There are no income, capital gains, or property taxes, making it a financially rewarding place to own property.
4. Capital appreciation
Dubai's property market has shown consistent growth over the years, with an average annual appreciation rate of around 7-8%. This means that apartment owners can benefit from capital appreciation on their investment over time, making it a valuable long-term asset.
5. Stable political environment
Dubai's political stability and strong governance have created a safe and secure environment for investors. The government's commitment to economic diversification, infrastructure development, and social welfare has resulted in a stable and prosperous society.
From the world-famous Downtown skyline to the opulent beachfront lifestyle, Dubai has the perfect apartments for you.
TYPES OF APARTMENTS
Dubai's real estate market offers a wide variety of residential properties to cater to different preferences and budgets, making it a popular destination for investors and homebuyers alike.
Apartments: Apartments are the most common type of residential property in Dubai. They come in a range of sizes, from studios to multi-bedroom apartments, and are typically located in high-rise buildings in both urban and suburban areas.
Duplexes: Duplexes are two-story apartments or villas that offer more space and privacy than a traditional apartment or villa
Penthouses: Penthouses are luxurious apartments located on the top floors of high-rise buildings, offering expansive views of the city and often featuring private outdoor spaces.
Serviced Apartments: Serviced apartments are fully furnished apartments that come with housekeeping, maintenance, and other services such as a 24-hour reception desk, making them popular among short-term renters.
Apartments: Apartments are the most common type of residential property in Dubai. They come in a range of sizes, from studios to multi-bedroom apartments, and are typically located in high-rise buildings in both urban and suburban areas.
Duplexes: Duplexes are two-story apartments or villas that offer more space and privacy than a traditional apartment or villa
Penthouses: Penthouses are luxurious apartments located on the top floors of high-rise buildings, offering expansive views of the city and often featuring private outdoor spaces.
Serviced Apartments: Serviced apartments are fully furnished apartments that come with housekeeping, maintenance, and other services such as a 24-hour reception desk, making them popular among short-term renters.
TOP SELLING AREAS
LIFE IN
DUBAI APARTMENTS
Dubai is known for its high-end luxury lifestyle and the real estate market is no exception. Investing in property in Dubai has become increasingly popular over the years, and many people are curious about the potential returns on investment for renting out an apartment in the city.
First, it's important to note that the rental market in Dubai is highly competitive, with a vast number of properties available for rent across the city. The average rental yield, which is the annual rental income as a percentage of the property's value, ranges from 5% to 8%, depending on the location and type of property.
According to data, the average rental yield for apartments in Dubai is around 6.5%. This means that if you invest in a property worth AED 1 million, you can expect to earn around AED 65,000 per year in rental income.
However, it's important to keep in mind that this is just an average and there are many factors that can influence rental yields, including the location of the property, the type of property, the amenities it offers, and the current state of the rental market. For example, apartments located in prime areas like Dubai Marina, Downtown Dubai, and Palm Jumeirah tend to command higher rental yields compared to properties located in less desirable areas.
First, it's important to note that the rental market in Dubai is highly competitive, with a vast number of properties available for rent across the city. The average rental yield, which is the annual rental income as a percentage of the property's value, ranges from 5% to 8%, depending on the location and type of property.
According to data, the average rental yield for apartments in Dubai is around 6.5%. This means that if you invest in a property worth AED 1 million, you can expect to earn around AED 65,000 per year in rental income.
However, it's important to keep in mind that this is just an average and there are many factors that can influence rental yields, including the location of the property, the type of property, the amenities it offers, and the current state of the rental market. For example, apartments located in prime areas like Dubai Marina, Downtown Dubai, and Palm Jumeirah tend to command higher rental yields compared to properties located in less desirable areas.
Dubai has a large community of expats living in the city, with over 92% of its population being expat or migrant workers. Regardless of which nationality one belongs to, Dubai is touted to be one of the most expensive cities in the world. However, when it comes to leading a fine quality of life, living in a crime-free, secure environment, and at the center of global economic expansion, the slightly high cost of living seems worth it. Every year Dubai’s rankings keep increasing on the quality of life index as compared to other global cities.
The following parameters are to be assessed when ascertaining the financial reality for an expat family living in Dubai:
- Housing
- Utilities
- Transport
- Education
- Health Insurance
- Leisure
There is no other city in the world quite like Dubai, which is home to iconic structures like the Dubai Creek Tower and the Burj Khalifa. Here's a list of the best places to buy an apartment in Dubai.
- Jumeirah Village Circle (JVC)
- Dubai Marina
- Downtown Dubai
- Jumeirah Lake Towers (JLT)
- Business Bay
- Dubai Sports City
- MBR City
- La Mer
It is certainly worthwhile to own real estate in Dubai for the purpose of property investment. This tax-free income, as well as inexpensive mortgage registration fees, are two of the most compelling reasons to buy property in Dubai for both residential and investment purposes. Dubai remains one of the most popular tourist and residential destinations in the world. It gives the properties in this area a lot of investment possibilities.
You have the option to acquire in Dubai's freehold property market in particular regions that have been permitted by His Highness the Ruler of the Emirate of Dubai, whether you are based overseas or a resident of Dubai. For the purpose of purchasing property, foreign investors are not obliged to have any form of residence or similar permit.
Purchasing property in Dubai is a safe and attractive option from the perspective of an investor. It allows investors to get a decent price on a piece of real estate. If the economy continues to improve, this will result in even better returns on investment. Its resurgence is accompanied by an increase in the demand for rental properties.
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Contacts
Building 13, Office 303 & 304, Bay Square, Business Bay Burj Khalifa District
Tel: +971 4 2483 600
sales@famproperties.com
sales@famproperties.com