Dubai

Distress Deals In Dubai

“Distress Deals” sounds like Magical words to the ears but let’s understand what it is and how it works. A distress deal is a deal for any property where you’re getting the unit below the market price of that unit not necessarily below the Original Price of that unit.

Many claims that they have distress deals with them, however, are they for real? Let’s dig deeper and find out the truth.

There are 2 major types of distress deals in the market-

Real Distress Deal: All those deals where you’re getting the unit below the actual MARKET PRICE, and we can only call those deals a distress deal even if they are more than Original Price but the point to note is that they should be below the Market Price.

Example: Seller-A has bought a townhouse in Nshama Townsquare at AED1.35, the current price of a similar unit in the market is AED1.8M, but the seller has some urgent need of funds and he’s willing to sell at AED1.5M. Now, this is a real distress deal, though the seller is making a profit out of the sale. But he is selling the unit below the MARKET PRICE, hence, we consider this as a real distress deal

Not So Real Distress Deal: These are the deals where the broker/owner is offering a unit below the PURCHASE or ORIGINAL PRICE and hence claiming it to be a Distress Deal however the fact could be they are trying to offer the unit above the Market Price.

Example: Seller-A bought a one-bed apartment in JLT for AED1.25M in 2014(Last market peak) and offering his unit at AED800k now and calling it a distress deal as he is selling almost 35% below the Purchase or the Original Price; however the point to evaluate here is that what is the Market Price of a similar unit. If the Market Price of the similar units is even 775K or even 800K, then for sure, this is not a distress deal.

So, the Point to be noted here is, to evaluate whether a deal is a Distress or not, Market Price should always be taken into consideration and not the Purchase or the Original Price.

When do Real Distress Deals come into the market?

Honestly speaking Distress deals can come up anytime however it is seen that during a recession or during an event like a pandemic, many people lose jobs, or their businesses get unstable, in those scenarios people get anxious and look for an exit and sell their properties at a considerably a low price point. In such scenarios, real distress deals come into the market.

However, if we look at the current market which is bullish by all means, distress deals are not coming into the market as the sellers are not looking for an exit, instead, they are holding onto their investments to get a better price in the future.

The only exception in today’s market is dead areas or areas with minimal scope to appreciation like Majan, DIC, DLRC, Liwan, etc., where there is no demand coming in, in such areas one may still get a real distress deal.

How to get a real distress deal?

In today’s market, getting a real distress deal is as good as winning a lottery ticket. First of all, any real distress deal comes to a broker first, then either the broker himself buys and flips the unit at market price or involves an investor to facilitate the transaction and takes part of the profit, by no means the broker will offer the deal to an end-user and ruin his chance to make a sizable profit for mere 2% Commission. So, for an end-user, it is next to impossible to stumble upon a real distress deal in today’s market.

Conclusion: If you’re an end user, then look for areas that have good potential for growth, research and find a good developer within that area, and then try to find out a reasonable deal in the building or community. Always try to take the help of an area expert to do the groundwork for you and secure the best possible unit available in the market, finally when everything is ready, do not try to over-negotiate as during the current market conditions, chances of losing the opportunity altogether are higher than getting the discount.

We believe that we have covered all angles related to distress deals in the Dubai Real Estate market. Let us know in the comments your views or your experience about the distress deals in Dubai or in case you want us to add or cover anything else.

Danube Properties

Danube Properties:The Dependable Horse of Dubai Real Estate Market

Danube Properties (group) was established in the year 1993 by Mr. Rizwan Sajan. This is a multi-million dollar group and has a diversified portfolio into different businesses like building materials, furniture, real estate, etc., through their real estate arm, Danube real estate projects have been consistently increasing its global footprint and annual revenue. Danube Group has its headquarters in Dubai and operates in 9 countries across the Middle East & Asia.

Few Delivered Projects by Danube Group

  • Dreamz
  • Elz
  • Lawnz
  • Miraclez
  • Glitz

Few Under Construction Projects

  • Elitz
  • Opalz
  • Jewelz
  • Olivz
  • Pearlz
Danube Properties

Latest Launch Views By Danube Properties

Dubai’s first iconic towers with ‘Aston Martin’ furnished interiors. The Viewz ticks all checklists you can think of.

Location: Jumeirah Lake Towers, It’s a well-established mix-use freezone on Sheikh Zayed Road, with residential towers, office towers, and retail at your doorstep.

Payment Plan: It comes with a 3-year post-handover payment plan. The buyer enjoys paying 1% per month over 35 months after getting the handover. This will certainly increase the ROE (Return on Equity) of the investors.

Thoughtfully Designed Layouts: The Viewz has a mix of Studio, one, two, and 3-bed apartments and very limited 3-5 Bed Sky Villas with Aston Martin interiors. Layouts are very efficient and functional and you’ll find no waste of space within the unit. Also in this age of shrinkflation, Danube is making spacious apartments and not matchboxes.

Competitive Advantage: The Viewz is the only building in the world after Aston Martin Residences Miami Branded by Aston Martin, which will certainly add value to the building and eventually make it the most desired building for residents who wants to live in JLT or Jumeirah Lake Towers.

There are more than 80 buildings in JLT, and this building once ready will be one of the top 3 buildings in JLT in terms of quality, rentability, and amenities.

Pricing: Considering location as JLT, the brand value of Aston Martin, the number of Amenities the building is offering, price of approx. AED1800-2000 per square foot is very much justified. By no means we can say that the price is absurd, it’s reasonable and we have to accept that the quality doesn’t come at a cheap price. In these kinds of developments, one has to look for value over price.

Why Danube Properties?

Danube Properties is rated among the top 5 private developers in UAE. The company’s major achievements include the on-time delivery of exceptional quality assets with record sale success.

Have investors made money with the Danube Properties?

Yes, investors made money with the Danube. The rentability of Danube is quite high as most of their units come fully furnished. Renting a Danube apartment is very easy, especially for Studios and one-bedroom apartments, and they rent for at least 15-20% higher compared to other buildings in the vicinity.

Danube Properties

Return on equity is much higher approx. 10-12% in the first 4-5 years as the units come with a post-handover payment plan which makes it a preferred choice for investors looking for regular returns over higher capital appreciation.

So, can we buy any property of the Danube Group and its guaranteed success?

The short answer is no. If you are buying any of the ready units with Danube Group, you’re missing out on the capital appreciation that the first buyer is making by selling you a unit at a premium price.

The second reason why to avoid secondary market units is not getting the freedom to select a good unit, as we have already discussed in our previous blogs how important is the selection of units within a building. This can be a deciding factor in your success or failure.

The third reason is not getting the full benefit of the post-handover payment plan, for example, if you’re buying in a 2–3-year-old building, you will only get a 1 or 2-year post-handover payment plan which will hurt your Return on Equity badly.

If not any property, then what to buy?

The only way to a successful investment is to buy Danube Projects at the time of the Launch, in any given building only 20-25% of units are worth buying which has a competitive advantage over others in terms of the view, exclusivity, the floor height, Vastu compliant layout, etc., hence if you are getting hands on a good unit at the time of launch, you cannot go wrong with your investment.

Shall we buy any available units?

No, ask for the help of an expert to shortlist and finalize a unit to ensure maximum rentability and capital appreciation, as we have mentioned in our earlier blogs as well that in any given community or building only 20-25% of units are worth buying because of having a competitive advantage over others.

We wish you luck and we hope you find this article helpful. Get in touch with us if you have any doubts that we are unable to cover in this article.

Do you have any reason why not to buy Danube Viewz, let us know in the comment section!

emaar properties

Why One Should Invest In Emaar Properties

Emaar Properties is an Emirati multinational real estate development company located in the United Arab Emirates. It is a listed on the Dubai Financial Market, and has a valuation of US$15.5 billion as of June 2021. Emaar was formed in 1997 by Mohammad Alabbar. Emaar is one of the biggest developers in the middle east and is known for landmark developments in Dubai.

Landmark Developments of Emaar

  1. Downtown
  2. Burj Khalifa
  3. Dubai Mall
  4. Emirates Hills
  5. Emirates Living
  6. Dubai Hills Estate
  7. Dubai Creek Harbor
  8. Emaar Beachfront
  9. Emaar Rashid Yachts and Marina
  10. Emaar South
  11. Emaar The Valley

Why Emaar Properties?

It is one of the best developers in the Gulf region and is known for making landmark projects and is responsible to put Dubai Real Estate on the global map.

Emaar is not just known for making good properties but is a number one choice among buyers from all over the world because of the overall communities and lifestyle it offers to its residents. Emaar has ever been known for picking up the best of the locations in the market and creating world-class all-integrated communities with a mix of residences malls hospitals schools etc.

Emaar also stands among one of the best when it comes to maintaining the communities they make, Emaar Community Management known as ECM is by far the best in the region and works on gold standards.

Emaar Properties

Emaar is a premium-class developer, that offers best-in-class amenities and excellent communities, that’s why the occupancy rate in Emaar communities is always above 95%.

Do people make money with Emaar Properties?

The answer is yes. Anyone who bought in Emaar communities at the time of the launch and hold the investment for 5 years has never made any losses. In fact, those who kept the investments for more than 10 years have doubled and tripled their investments.

So can we buy any property of Emaar and its guaranteed success?

The answer is no. If you’re buying matured communities of Emaar today like downtown, you might not make any substantial profit and you may also lose some of your capital if the market corrects. Because whatever infrastructure is planned in those communities is already there, nothing new is coming in those communities which will further drive the prices.

If not any property, then what to buy?

Buy in new communities of Emaar which are either recently launched or where further infrastructure is planned. In our suggestion, the best option to buy right now with Emaar is Rashid Yacht and Marina, the second option is The Valley and the last is Emaar South.

Shall we buy any units available in these communities?

No, ask for the help of an expert to shortlist and finalize a unit to ensure maximum rentability and capital appreciation, as we have mentioned in our earlier blogs as well that in any given community only 20-25% of units are worth buying because of having a competitive advantage over others.

emaar propeties

Get in touch with us for further insights on a particular unit out of the many buildings which are in these different master communities.

royalty with tilal al ghaf

Experience the royalty with Tilal Al Ghaf

Tilal Al Ghaf is a mixed-use community in Dubai that offers luxury living, exquisite landscapes and the life you have never dreamt of.  With a crystal lagoon of size 7000 sqm, it is perfect for security-based investors and uber-rich families.

Spanning over 3 million square metres, Tilal Al Ghaf is the future of luxurious stays in villas and a successful investment for the future. It is a community of high-quality villas with a walkable and friendly neighbourhood that will give you the taste of royal living close to nature with your loved ones.

This property is the one which brings everything best to you in your footstep. From promised capital appreciation to king-size living, Tilal Al Ghaf got you covered.  

Exquisite features of Tilal Al Ghaf 

1. White sandy beaches

Stroll around the beach in your favourite beachwear in this property, soak in the sun, and let your body breathe in nature on the white Sandy beach in Tilal Al Ghaf. With Sporting activities and a fun field Arena, this beach is a must-consider before making any decision. 

2. Greenery and nature 

You will more clearly understand what being close to nature feels like when you experience Tilal Al Ghaf. With beautiful parks and heart-soothing landscapes, you become nature’s best Ally. Your heart will feel instantly soothing when it comes in contact with pure air here. 

3. Health is wealth

Tilal Al Ghaf supports your health and fitness regime and provides you with an 11km cycling and 18km walking pathway so that your physical activity happens hassle-free and you take every positive step towards a healthy body. 

4. Vibrance and leisure 

Tilal Al Ghaf provides a vibrant lifestyle with luxurious facilities in the close nurturing of nature where you live a life full of comforts and tranquillity. This area possesses unmatched beauty, like one in paradise. 

5. Equipped with multiple facilities

With a picnic, Barbecue spot, water-themed children’s playground, outdoor market, boot camp, giant game, music fest, open-air cinema and everything you think of is here. You just name it and, you have it in your townhouse or mansion in Tilal-Al-Ghaf

6. A plethora of properties 

Tilal Al Ghaf has a plethora of properties to choose from. Some of the mind-blowing options are listed below:  

  • Townhouses 
  • Semi-detached villas,
  •  Standalone villa
  • Waterfront mansions 

You can choose as per your desire and live life on your terms. 

7. Catering to multiple 

Tilal Al Ghaf is the perfect option for uber-rich families who want to own spacious houses with extraordinary lifestyles. It is also a wise decision for security-based investors looking for a long horizon and high rental yields. 

Final words 

Tilal Al Ghaf is the property of the future. It is the one which is close to paradise and provides you with a heavenly experience that speaks volumes for itself. With it being close to lagoon Al Ghaf, it combines fun, future, favourites and family. 

Come and experience luxury with Tilal AL Ghaf and its luxurious townhouse or mansion. With scenic beauty, Nature nourishment, exemplary activities and a hub, this property is a must-have.

With vibrant dining and like-minded people in the neighbourhood, this property is the right one to give you an empathetic feel and won’t make you feel devoid of social life.  

dubai economic plan

Dubai’s $8.7 trillion economic plan is a big boost to the real estate market

The ruler of Dubai tweeted to approve Dubai’s economic agenda D33 which aims to double the size of the economy over the next ten years and bring it among the top 3 Global cities.

Let us help you understand it in detail. 

Decoding Dubai economic agenda D33

1. D33 is introduced by the Prime Minister of the UAE and the ruler of Dubai. 

2. It is an ambitious project which includes tripling Dubai’s economy over the next ten years. 

3. It aims to make Dubai one of the top 3 Global cities. 

4. The total goals outlined are expected to total AED 32 trillion by 2033.

Key objectives of the ambitious D33 agenda

1. It focuses on increasing the total value of foreign trade in goods and services from AED 14.2 TN in the past ten years to AED 25.6 TN in the next decade. 

2. Increasing private Sector Investment from AED 790 billion in the past to AED 1 trillion by 2033.

3. It plans to generate new economic value from digital transformation 

4. It plans to make Dubai a hub for skilled workers and an international hub for global multinational companies 

5. It helps to increase government expenditure from AED 512 billion in the past to AED 700 billion in the next decade.

Real estate:  A major beneficiary of D33

Check out how the real estate market of Dubai will grow and seek benefits from the D33 agenda. 

1. New Foreign Investments 

With D33 by Sheikh Mohammed the real estate sector will get a major share of new foreign investment and the sector will continue to show an upward Trend. 

2. Key rankings 

D33 agenda focuses on making to buy one of the five leading Logistic hubs in the world and one of the top global financial centres which will attract new opportunities here.  

3. World-class quality of life 

D33 agenda aims to enhance its position as an attractive hub with world-class quality of life and give the highest level of security and safety to its citizens and residents which will increase the price of residential properties here.

4. Recent rankings 

Dubai has recently been ranked as one of the world’s top 10 best cities for expats to live and work as per the Expat Essentials index which proves the already established liking of the world to live and invest in Dubai. 

5. Boost in Private sector investment 

The plan also aims to bring private Sector Investment up from 790 billion Dirhams in the last decade to 1 trillion Dirhams in the next decade which will help Dubai to grow and its real estate market to flourish.

Conclusion  

With the promising D33 agenda by the Prime Minister of UAE, Dubai is going to be flooded with new opportunities for development and progress. It is going to see massive foreign investments and with this, the real estate market will see new heights. 

The real estate market is expected to rise and the investment here will yield the highest return. Also, with much new private and public investment, the quality of life will rise which will attract more investment in residential properties here.

Real Estate market of Dubai

The Real Estate market of Dubai is to grow by 46% in 2023

Dubai’s real estate market is all set to break records this year. With a growth of over 20-40 percent in the last 12 months, as per the report from Realiste, this year will follow the same upward trend. 

With all geopolitical issues working in favour of Dubai and with the success of the Qatar FIFA World cup 2022, Dubai has got all the attention and has emerged as the favourite destination of investors as well as Households.  

Insights into growth 

The real estate market of Dubai will be on the rise in the next year and as per Realiste AI predictions, the local prices will increase by 10 to 15% with some specific areas increasing their price by 46%. 

As per analytic agency D sight, more than 16 % of Russian companies were relocated to UAE, particularly to Dubai, in the first half of the year, which will positively impact real estate. 

As per the report presented by DLD, a growth of 37,726 total unit sales has been reported with the total sales increasing up to 60%.  

The factors responsible for the rise in prices 

1. Consistent capital growth. 

Consistent capital growth and high rental income are the key factors for Dubai to be the epicentre of the real estate market. This real estate market has promised yield and your investment is safe here. 

2. Qatar FIFA 2022 World Cup 

The local real estate market benefited from the FIFA World Cup and Dubai emerged as a tourist attraction and a Finance hub. With the success of FIFA, Dubai became a major attraction.   

3. The vivid properties 

Dubai offers a waterfront experience to properties around parks which make it the first choice for multiple people of different choices. From property for everyone, Dubai is the priority for safe investment and quality living. 

Areas with maximum growth 

As per D sight, in the first part of 2022, premium districts like Palm Jumeriah witnessed the highest demand with its exclusive waterfront experience. 

As per Realistic, districts with green areas like Hadeq Sheikh Mohammed bin Rashid part 2 also experienced massive growth. 

These areas grew by 53% and approached AED 16,00,000 in average price. 

Undervalued sectors that haven’t hit a high price rise will rise rapidly. The Jumeriah village triangle property market increasing in value by 62% in 2022 will also see a price.

Conclusion 

Dubai is becoming the first choice of investors due to its Supreme location and world-class amenities. It will remain appealing to foreign investors seeking maximum return on investment or high rental income. 

With an increase in price by 46% Dubai‘s property market will rise in the upcoming years and both investors with the motive of high return and households with the motive of safe surrounding and world-class amenities will be involved. 

reasons to invest in the dubai south

Top 10 Reasons Why You Should Invest In Dubai South

Dubai South is the hottest upcoming location, with every necessity and luxury in proximity. With an international airport, business park, freehold plots, and off-plan investment opportunities, it is the city of the future.

Let us take you to 10 big reasons for Investing in Dubai south

1. Master-planned city 

It is a global transport hub and Dubai’s largest single urban master development plan with 8 different sub-areas and a business and residential-friendly environment. It gives scope to new and safe investment opportunities in this future city with many facilities and alternatives. Dubai South villas are a major attraction here. 

2. Hitting facts 

Some hitting facts about Dubai South:

  • 25000 Residents living in Dubai South. 
  • Population to reach 1 million by 2030.
  • 5 lakhs+ jobs and many more to come.  
  • 145 square kilometre master plan City 
  • 18 square kilometre multi-modal logistics hub
  • The expected GDP contribution by 2025 is 35% of Dubai. 
  • 2 million tonnes of cargo per year creating

These facts tell us the importance of the home of the expo – Dubai South and how the right time investment here would give the biggest Return On Investment.

3. The commercial hub 

There lies a plethora of investing opportunities for commercial spaces as Dubai South offers many offices for rent. It offers multiple investment opportunities including foreign and commercial Investments. SMEs and MNCs also get exemptions in import and export fees which makes them even more apt to invest here.

4. Tech-friendly smart community

Dubai South is a Holistic community that comprises residential and coworking spaces with beautiful landscapes that you can’t take your eye off. It is a promising Tech friendly destination with all-new tech making its way here. With so much tech revolution, there is no better way to invest. 

5. Logistic support 

Dubai South portal offers a leading solution to the global supply chain system with its Logistic corridor allowing cargo to be moved from port to airport in just 20 minutes. It also has 

  • Expert warehouse facilities
  • Flexible storage 
  • Support streamlining the exchange of products/services.

6. Residential mega space. 

Dubai south is home to people from vivid nationalities and in huge numbers, which offer opportunities for quality and affordable residence for purchase or lease. It can be said for  Dubai’s south residential district. It provides the best investing opportunity For real estate investors and others who opt for residential properties.

reasons to invest in the dubai south

7. World-class infrastructure

Dubai South headquarters has world-class infrastructure that matches the requirements of today and tomorrow. With expert aviation, logistics, and real estate, Dubai South is the safest place to invest in Dubai. Investors who invested in the past with Dubai South are already sitting in profits of around 30-35% up from their purchase price.

8. Support multiple businesses and industries. 

Dubai South is projected to sustain a population of approximately 1 million and has all facilities that support every type of business and industry. With so many businesses already coming up, the future is predictable success here.

9.  Capital appreciation opportunities 

Dubai south is a hub to invest, live and work within a highly developed economy. It provides a plethora of opportunities for capital appreciation. As we have mentioned earlier as well that the investors who invested in Dubai South earlier are already sitting in a profit of 30-35% and we see no downside in Dubai South, hence we can say that it is the safest investment in the Dubai market right now.

10. Other factors: 

Multiple other factors contribute to this developing hub:

  • The price per sq. ft. of houses is 25-30% cheaper than any other area in Dubai
  • Surrounded by multiple employment zones
  • Houses are 25-30% bigger in Dubai South compared to similarly priced options
  • The mega project of the Government of Dubai

The future of investment is right here

Dubai South is the future where dreams will be lived in real. With leisure activities, notable landmarks, residential and commercial accommodations, a business park, and everything you can dream of in one place, Dubai South is the future. With so many reasons mentioned above, one must have a clear idea that Dubai South is the next big thing in the fast-forward market of Dubai.

properties in Dubai from India

Can Indians Buy Properties in Dubai from India?

As we move forward in technology, the need to be physically present to perform transactions is decreasing. From payments to E-Commerce, all the transactions can be done remotely without the need for physical presents. 

Buying property in Dubai while sitting in India is a very transparent and safe set of transactions. Dubai’s real estate market is a regulated market that runs within a set of guidelines and provides safety for transactions.

In Dubai, real estate properties have 100% freehold ownership which gives a win-win situation to owning a property in Dubai. Surrounded by all the world-class amenities properties in Dubai is the right investment for capital appreciation.

Also, Indians are the number one investors in the real estate market of Dubai, nationality-wise, because of the opportunities there.

Some of the reasons to know why Indians buy property in Dubai from India

Transparent

Buying property in Dubai while sitting in India is a very transparent process you can keep a hold on an everyday transaction that goes into it and be assured of your real estate property and your money. 

Safer option

UAE is one of the safest countries and your transactions are bound to be safe here. Every transaction can be authenticated and verified at every step. Dubai has strict guidelines and the chances of risk are minimum here.

Set of guidelines

Dubai’s real estate market is a regulated market that runs within a set of guidelines and the chances of fraudulent activities are minimized. Working within a set of guidelines ensures transparency and makes sure that everything is done under legal norms.

The brighter future

Properties in Dubai offer high rental value than the property in India and the capital appreciation is also high. This makes the real estate market of Dubai, the future of maximum return on Investments. Also. With high rental income and top-class amenities, there is no reason to not own a property in Dubai.

Conclusion

With maximum safety and utmost transparency, all the transactions are secure which eliminates risk. Everything happens under guidelines and within a set framework which makes buying property in Dubai from India a lot more simple and more secure.Dubai offers vivid properties in its real estate market and people across the globe are investing in the real estate market of Dubai which is a symbol of growth in coming years in properties of Dubai.

Indians can easily buy property in Dubai and it is one of the safest transactions to own a property here. With zero tax on income from rent and capital gain, it offers monetary advantages that are hard to find in India.

Dubai offers 10 years renewable residency Visa with your real estate investments which makes it an even more attractive offer to own a property here.

Finding a reliable real estate broker and booking yourself a dream property that matches your requirement and budget is the easiest nowadays and with an online payment system buying property in Dubai is just a cakewalk.

Read More: https://knockdubai.ae/everything-you-need-to-know-about-apartments-in-dubai/

Apartments In Dubai

Everything you need to know about apartments in Dubai

Dubai offers one of the best real estate options across the globe and gives investors and residents unique opportunities to invest and get the maximum Returns.

One such option available for investors and residents is an apartment. Dubai’s real estate market offers an affordable to premium range of apartments and people can choose to buy or rent it. 

Budget is not a big issue in Dubai, and the real estate market of Dubai has something to offer to everyone. It has apartments in the premium as well as affordable categories. In the article below, we have tried to answer some of the most asked questions about apartments in Dubai. 

Classification of apartments in Dubai

Presenting you with the classification of apartments on the basis of their location.

1. No logic prevails 4000 to 8000 per square feet 

2. Luxury areas 2500 to 3500 per square feet 

3. Premium areas 1200 to 2200 per square foot 

4. Affordable areas of 800 to 1200 per square feet

The average size of apartments in Dubai

Dubai offers apartments in multiple size to match the requirements of an individual as well as a family. Presenting you the classification of Apartments on the basis of their size.

1. Studio apartment 300 sq. ft to 500 sq. ft 

2. One-bedroom apartment 500 to 800 sq. feet 

3. Two-bedroom apartment 1000 to 1500 sq. ft 

4. Three-bedroom apartment 1350 to 2000 sq. ft

Price per sq. ft of apartments 

The price per square foot of the Apartment starts from AED 800 (INR 18000) per square foot and foots up to AED 7000 (INR 158000) per square foot. 

The price per square foot depends on the location of the apartment and the amenities it offers.

Popular areas to locate apartments in Dubai. 

Dubai has over 542000 Apartment units in the city as per the housing unit report of 2019 published by the Dubai statistics centre. 

Some of the leading areas to find Apartments are 

  • Downtown Dubai
  • Bluewater Island
  • Palm Jumeirah
  • La Mer Beach
  • Business Bay
  • Jumeirah Village Circle (JLC)
  • Jumeriah Lake Tower (JLT)
  • Arjan
  • Dubai Hills Estate
  • Meydan

People looking to buy in these areas can choose to buy flats depending on their budget and space requirements. You can buy an apartment with cash, bank finance, a post-handover payment plan, and yes of course with Cryptocurrency as well.

Conclusion 

Dubai is a Cosmopolitan City with beautiful real estate properties waiting to be yours. The apartment can be the right choice for both investors and residents as well as for tenants.

Apartments in Dubai offer multiple top-notch facilities at desired locations. From being pet friendly to being located near education and medical centres, apartments are the most convenient way of lifestyle in the Emirates.

From high end properties to affordable ones, Apartments match the requirements of every income group. With thousands of apartments available in Dubai, you just have to opt for the one that matches your budget and requirements.

Hope your apartments hunts end soon and you find some help with our informative article presented above.

price range of Villas in Dubai.

The different price ranges of Villas in Dubai

Dubai offers a lavish lifestyle and multiple options for residence. From Villas to townhouses, Dubai offers residence to everyone beyond geographical boundaries. With more than 200 nationalities living in Dubai, the real estate market of Dubai has a lot to offer to each one. One of Dubai’s most tempting offers for residence is Villa, which offers Top-Notch amenities and pleasing interiors. 

Villa is a no-brainer decision for people who want to live life king-size. From 2-bedroom villas to 6-bedroom villas, there are multiple opportunities to choose from. You just have to search for the right villa according to your requirement and have the freehold property in your name.

Classification of Villas

Villas in Dubai are classified into three broad categories based on their price range and per-square-foot area.

 The classification based on the price range is as follows:

  1. Luxury areas: AED 2500 to AED 7000 per sq. ft.
  2. Premium areas: AED 1500 to AED 2000 per sq. ft
  3. Affordable areas: AED 1100 to AED 1500 per sq. ft

Villas are also classified on the basis of their size. Presenting you with the classification of villas on their size.

  1. Three-bedroom villas: 2500-3500 sq. ft
  2. Four-bedroom villas: 3000-7000 sq. ft
  3. Five-bedroom villas: 3500 – 10000 sq. ft
  4. Six-bedroom villas: 4500 – 13000 sq. ft

Popular areas to buy villas in Dubai. 

Dubai has multiple sections of luxury units; every unit has its section of Villas. It offers villas in both premium and pocket-friendly ranges. Certain areas in Dubai selectively offer premium villas, and others offer comparatively sustainable prices.

 If you are somebody looking for ready-to-move and fully furnished Vilas then you must explore

  1. AL- Barari
  2. Palm Jumeirah
  3. District One
  4. Dubai Hills Estate
  5. Emirates Hills
  6. Tilal Al Ghaf

For more sustainable and Pocket-friendly options one can also visit the villas at the following places

  1. Damac Hills
  2. Damac Lagoons
  3. Emaar Arabian Ranches
  4. The Villa
  5. Dubai South
  6. Villanova

The price range of Villas

Villas in the real estate market of Dubai are priced in multiple ranges. The price depends on the locality, the neighbourhood and the amenities it offers. The price of Villas in Dubai ranges from AED 1100 (INR 24800) per sq. ft and can go up to AED 7000 (INR157,800) per sq. ft.

One must be clear about the price range that matches their requirement and then checks out all the potential villas available.

Conclusion

Dubai with its rising economy has a promising real estate market return. The villas in Dubai bought for residential or renting purposes are both unmatched experiences that can provide a high return.

If chosen for residence Villas offer an unmatched lifestyle with premium arenas and top-class facilities. If Villas are chosen for Rental earnings, they can offer high returns and the earnings from rent in Dubai are tax-free.

Villas In Dubai offer a premium lifestyle and an experience that you will cherish for a lifetime. With lush green environments around and world-class facilities, Villas offer a high standard of living to you and your loved ones. Check out all the villas now after gaining insights into the price range of villas in Dubai.

If you have a specific requirement, get in touch with us, and we’ll help you to showcase and shortlist the best of the options available in the market.