Top 5 Hotspots For Property Investment In UAE

Real Estate has been a safe investment option. That is one of the things about investing. There are a lot of ways you can lose your money very quickly. There is the stock market, buying into a business, a fad, and so on. One of the most solid investment strategies has been the real estate market.

The reason it is solid is that this market is very cyclical. If you have the patience and the reserves to wait a cold real estate market can and often does turn hot again.

It is easy to get a good return on your investment when you buy houses, apartments, and flats in Dubai. There are some great areas to buy in this city that will help your investment portfolio get better.

Real Estate Investment In Dubai

According to the Dubai Land Development corporation, this is a good time to invest in real estate. Prices have risen for the first time in 6 years and the upturn in real estate activity is making this city a hot property to invest in again.

Currently, there are 5 hot spots that are ripe for smart real estate investment purchases.

  1. Dubai Marina– In the heart of the city and one of the most popular locations you can invest in. Every since 2011, this has been the place for tourists and businessmen to stay when they are in the city.

It has everything a tenant or businessman needs along with a very luxurious environment.

  1. Palm Jumeirah- This hot spot is very unique and you may not find another business and residential area designed like this one. Filled with luxury homes, hotels, and lots of businesses, you can find a good investment deal due to the ongoing top-quality projects nearby.
  2. Downtown Dubai- This location houses the Dubai Mall, a popular tourist attraction, as well as The Burj Khalifa, Mohammed Bin Rashid Boulevard, as well as other popular locations. Filled with restaurants, cafes, and interesting shops, the tourists keep coming to this section of the city.

It would be wise to take advantage of this transient traffic to drive up your ROI on your real estate investments in this area.

  1. Jumeirah Village Circle- In real estate, they say location, location, location, and this real estate investment area has all three. Nestled between Dubai Marina and Jebel Ali, this is one of the more affordable real estate investment opportunities you can buy into.
  2. Business Bay- The name says it all as this area caters to those men and women looking to invest in or start a business in this city. It is the perfect location to invest in as the high rollers want luxury and the best conveniences available.

Is It Safe To Invest In Dubai?

This is a good question and the answer depends on who you talk to. There are many doubters or skeptics that will discourage you from putting some of your investment money into this city.

They have doubts about the long-term stability of the government structure as well as the real estate market. So far, those doubters have not been proven true as this area is one of the most stable areas politically in the world right now.

Plus, the real estate market is seeing a resurgence, and values, including rental fees, are moving up. Many investors are seeing a great ROI on their investment dollars including the high rate of return from rental fees. This city has some of the highest rental profits in the world right now.

Laws are being enacted or have been enacted to help protect the real estate investment industry from any crashes that might take place as they did in 2008. As for crime, there are financial scams going on but with the right research, you can avoid being a victim of those cons.

Invest In Real Estate UAE

One of the first things to learn when you want to invest in real estate in the UAE. All 7 of the emirates have their own rules. What is legal in Dubai may not be legal in Abu Dubai and vice versa.

It pays to do your research to learn what the rules are for each emirate before you make a purchase commitment. Then when you see you can live by the rules, here are some nice spots to invest in Abu Dubai.

  1. Yas Island- This is a man-made island that provides a luxury lifestyle combined with some great views. What makes investing in Abu Dubai attractive is its affordable housing costs. It is cheaper to buy here than say Dubai.

The zero taxation regulation also is very attractive as are other important investment issues.

  1. Saadiyat Island- Less than an hour from Dubai and only about 30 minutes away from Abu Dhabi International Airport, this is another key area for foreign investors to look at. Its high-quality educational system attracts many parents to this area.
  2. Al Reem Island- Also about 30 minutes from the Abu Dubai international airport, this is a highly popular residential investment area. Its top schools are one of the highlights that set this neighborhood apart from the other areas you can invest in.

With its two top malls and a very centrally located recreational Park, there is something for everyone in this neighborhood. All three locations have many attractions that make them unique and help stabilize property values.

Some Final Words

When you are looking to expand your real estate investment portfolio, look to Dubai and the other parts of the UAE. When you make this decision, give our office a call. With our over 10 years of real estate investment experience in this part of the world, our office and agents can help you find the right properties to invest in.

Plus, we can help you know and understand all the rules and laws governing real estate investment in Dubai and other UAE destinations. Go with the best to get the best investment results.

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