8 BEST EMERGING DUBAI REAL ESTATE INVESTMENT NEIGHBOURHOODS
Dubai has become a highly sought-after destination for both visitors and investors from around the globe due to certain compelling factors. The city’s booming economy, availability of freehold areas, favorable tax environment, strategic location, golden visa program and many other factors, Dubai is always the best destination to invest in properties.
Here’s a quick overview of top 8 up-and-coming areas in Dubai to invest in properties.
- JUMEIRAH VILLAGE CIRCLE(JVC)
JVC is known for its well-designed residential units including apartments, villas and townhouses making it a family-friendly community. Situated along Mohammed Bin Zayed Road and Al Khail Road, making it convenient to access all the major areas of Dubai including Dubai Marina & Downtown. Due to its prime location and high- quality developments, the properties in JVC are expected to appreciate over time.
- DUBAI SOUTH
Dubai South which offers a mix of residential and commercial properties, makes it an attractive option for investors seeking long-term growth. Being closer to Al Maktoum International Airport and Jebel Ali port, it provides excellent connectivity for global trade. Also Dubai South is a part of a master planned community designed to support sustainable living and business operations.
- DAMAC HILLS
DAMAC Hills is a tranquil community and is home to a variety of mixed-use properties spanning in an area of 42 million square feet with all upscale amenities. Developed by DAMAC Properties, this community was previously known as Akoya Oxygen. DAMAC Hills stands out as a promising investment opportunity due to its strong capital appreciation potential, attractive rental yields and ongoing demand for luxury living spaces.
- MOHAMMED BIN RASHID CITY
Mohammed Bin Rashid City known as MBR City being a freehold area offers the perfect combination of residential and commercial hubs. Located near to Downtown Dubai and Dubai International Airport, MBR City benefits from excellent connectivity. MBR City is divided into 5 communities where 2 leading communities have already shown rapid growth and development.
- AL BARARI
Al Barari community features luxurious residential properties including villas and apartments thereby focusing on buyers looking for upscale living. The community spans with over 60% area dedicated to green spaces and water features. Despite its larger area, Al Barari is designed to have a low population density, ensuring privacy and space for the residents.
- ARJAN
In comparison with other established areas of Dubai, Arjan provides a relatively low-cost entry into Dubai real estate. As new residential and commercial projects are being launched, it is expected to boost property values over time. In summary, Arjan is an ideal destination for living due to its peacefulness and proximity to major areas in Dubai.
- DUBAI CREEK HARBOUR
Being situated on the bank of Dubai Creek, this development spans over 6 square kilometers that includes residential, commercial and leisure spaces. With ongoing developments and a focus on creating a vibrant community, Dubai Creek Harbour is positioned as one of the top performing areas for real estate investment in Dubai.
- MOTOR CITY
Being conveniently located near major highways such as Sheikh Mohammed Bin Zayed road and Al Khail road, Dubai Motor City ensures easy access to other parts of Dubai. This area would be a great option for motorsport enthusiasts as Dubai Autodrome and Dubai Kartdrome are located close.
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