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)
- Dubai Hills Estate
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.
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.