Real Estate

Where is the Best Area in Dubai to Live?

Dubai has the highest rental yields compared to major parts of the world

Dubai, the most visited emirate in the United Arab Emirates, is a multicultural, modern city. People from all walks of life can find employment, a luxurious lifestyle. Real estate investments, and a tone of entertainment in the city. Since it contains the nicest residential neighborhoods. It is simple to understand why so many people from all over the world want to live here.

Why Invest in Dubai?

Dubai has the highest rental yields compared to major parts of the world. It has 0% tax on residential real estate with an added advantage of a fixed exchange rate. The vibrant city has had tremendous economic expansion over the years thanks to the construction of cutting-edge infrastructure, top-notch educational institutions, the highest real estate growth, and first-rate recreational amenities. 

The stunning metropolis is known to have the safest and most reliable investment environment with readily available financing options. Dubai was awarded 1st in Mena for having the ‘Ease of doing Business’. Additionally, it received recognition from DIFC as the “First Best Financial Center in MEASA Region” and the “8th Best Global Financial Center.”  The stable economy and currency coupled with a consistently growing population gives Dubai the added advantage of being the best city for investment opportunities in the region. 

Here is the list of the most known and valuable areas to live in Dubai.

Dubai Creek Harbour

On the Dubai Creek bank is Dubai Creek Harbour, a waterfront neighborhood. The neighborhood provides resorts, a yacht club, a marina, retail spaces, and entertainment venues, among other mixed-use developments with a view of the ocean. Emaar Properties created Dubai Creek Harbour.

Sama Developments initially marketed the project under the name Lagoons; however, the financial crisis caused it to be abandoned in 2009.

Lagoons originally cost USD 18 billion and covered 70 million square feet. The Dubai Twin Towers and six residential towers known as the Dubai Creek Residences were part of a new concept Emaar announced in 2013, but the twin towers were replaced by a single skyscraper in 2016.

Dubai Creek Harbour is a very accessible and environmentally friendly development that is made up of a number of independent yet linked sub-communities, such as Creek Beach, Dubai Square, and The Island District. Apartment complexes including Creek Palace, VIDA Residence Creek Beach, The Grand, and The Cove may be found in each subcommunity.

Is Dubai Creek Harbour a desirable place to call home?

A high-end residential community, Emaar Dubai Creek Harbour is the perfect place for both families and single people to live. It offers a choice of contemporary apartments and villas that are available for people who are seeking for a family home or an investment property because it is a neighborhood that is suitable for settling as well as tourists.

Dubai Hills Estate

In Dubai Hills Estate, opulent homes are combine with a wide range of top-notch amenities, including the magnificent Dubai Hills Mall and an 18-hole championship golf course. The self-sufficient community exudes a genuine sense of leisure thanks to its tree-lined drives and nature trails. With a wide variety of villas for sale in Dubai Hills Estate, ranging from ultra-modern apartments to family-friendly villas, the community is suitable for all types of residents.

Dubai Hills Estate features an extensive range of recreational facilities such as dedicated children’s play areas and lush green landscaped parks. In Dubai Hills Estate, the main residential projects include Collective, Maple, Park Point, Golf Grove Villas, Fairway Vistas Villas, and Sidra Villas, among others.

Due to its ideal location, Dubai Hills Estate is also accessible to top-notch educational, medical, and hospitality establishments as well as other popular metropolitan areas in Dubai, like Downtown Dubai and Dubai Marina.

Why is Dubai Hills Estate a desirable place to live?

With its expansive green spaces, upscale neighborhoods, and forthcoming stores, it comes as no surprise that Dubai Hills Estate is drawing a lot of investors. It is a family-friendly community with plenty of amenities plan for its future inhabitants and tourists. Schools and shops are among the surrounding amenities. This development is close to GEMS World Academy, GEMS New Millennium School, and numerous other educational institutions.

Dubai Hills Estate is the perfect choice for anyone wishing to invest for long-term capital gains or who is purchasing their dream house because it has an 18-hole championship golf course, opulent amenities, and a prominent location near major road networks.

Downtown Dubai

Downtown Dubai is the bustling tourist district of Dubai, where visitors can find the magnificent Burj Khalifa skyscraper with its observation deck and the twirling Dubai Fountain, where they can enjoy light and music performances. While Emaar Boulevard boasts a trendy cafe scene, the enormous Dubai Mall features international fashion labels and fast food restaurants. In a remarkable dhow-shaped structure, the Dubai Opera presents dance, opera, and musical performances. High-end buildings make up the majority of the buildings. The downtown area is home to a number of shops, hotels, and apartment buildings with swimming pools, BBQ pits, play areas, and gyms.

Downtown Dubai provides residents and visitors with an unrivaled lifestyle appeal. It is a lifestyle destination with a distinctive blend of traditional and modern architecture where people live, work, and play. It includes The Dubai Mall, the largest shopping and entertainment complex in the world, as well as the quiet surroundings of the smaller Souk Al Bahar.

Why should you consider buying an apartment in Downtown Dubai? 

For real estate investors, the region offers a wonderful chance to profit from the high demand for high-quality residences in Dubai. Due to the very mobile expat population in Dubai, flats for rent in Downtown Dubai are always in high demand. This implies that investors can profit greatly from this market. For what it’s worth, you can apply for a UAE residency visa if the apartment in Downtown Dubai that you want to buy is price at 1 million AED or more when you acquire it.

Emaar Beachfront

EMAAR Beachfront is a private, gated island development on Dubai Harbour. The building is situate between JBR and the Palm Jumeirah, close to Dubai Marina. The property is strategically situate next to the best malls, eateries, and yacht clubs in the city. It also provides access to Sheikh Zayed Road, making it simple to get to other parts of the city.

One of Emaar’s finest off-plan projects in Dubai, Emaar Beachfront is more than 10 million square feet in size. 10,000 residential units are include in the development, which consists of 27 residential structures. One can choose from a variety of one- to four-bedroom apartments, three- to four-bedroom penthouses, podium villas, and townhouses. The Address Hotels + Resorts brand hotel will also be part of the mixed-use development. In addition, everyone living there will have access to the 1.5 km of pristine beach in Dubai Harbour.

Why should you live on Emaar Beachfront?

Emaar Beachfront is envision as a cutting-edge construction with seaside lodging options. Making it a popular destination for staycations in Dubai. All the top shopping centers, eateries, and recreational destinations are close by and accessible, including Palm Jumeirah and Dubai Marina.

Emaar Beachfront’s cutting-edge engineering technologies have very high quality standards. This is the ideal time to invest in Dubai real estate due to the government’s accommodating investment regulations. The abundance of available properties, and the decreased real estate market price brought on by COVID-19.

Jumeirah Village Circle

In order to foster a sense of community, Jumeirah Village Circle (JVC) is a development that welcomes families. It provides inhabitants with everything they need to live life to the fullest thanks. Its abundance of more than 2,000 roomy villas and townhouses as well as an extraordinary range of amenities and services.

Jumeirah Village Circle offers inhabitants a stunning. Self-contained setting with all the contemporary amenities of a city in a peaceful village setting. Jumeirah Village Circle, which is intend to serve the needs of the entire family. Has mosques, schools, and sports facilities dotted among the development’s many lush parks.

Why should you live in JVC?

Particularly the opulent complex with its state of the art buildings, Jumeirah Village Circle is consistently in high demand. Due to its prime location, peace, and calm open spaces, it is one of Dubai’s most fascinating and alluring investment communities.

The home development epitomizes tasteful design. It boasts a particular selection of modern apartments, giving every house a special individuality.

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maaazkhurram

Maaz Khurram is a property expert and an experienced Real Estate professional at the Next Level Real Estate, a Real Estate agency selling properties in the Dubai region. Anas was born and raised in Ras Al-Khaima, UAE. After receiving his early education from his home town, he moved to Dubai and joined Next Level Real Estate. He provides first-hand consultation to his clients who are seeking their dream property in Dubai and is an expert in 360-degree Real Estate services.
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