Planning on investing in Dubai?
With real estate transactions, demand and population at an all-time high, it couldn’t be a better time to invest in Dubai’s real estate market.
With a thriving global metropolis renowned for its growing economy, luxurious lifestyle, and top-notch infrastructure, it has consistently attracted both tourists and investors. Looking ahead in the second half of 2023, there are several specific areas in Dubai that present remarkable investment opportunities.
As location plays a vital role for property buyers in Dubai, with high rental yields, strong capital appreciation, and overall desirability - we’ve tracked down the best neighbourhoods in Dubai that are set to take off in the second half of 2023 and are definitely worth considering.
It should come as no surprise that JVC is number one on this list - as JVC throughout 2023 has held its position as number one in the property market, this community tucked by Al Khail road is set to take off even further. Yes, we’re serious!
From hosting some of the best developers in town, incredible townhouses, lush green parks, nurseries, schools, retail outlets, restaurants and two award winning five star hotels - this community has seen a rising rental yield of of 6.90%, Jumeirah Village Circle has been one of the best options for investing in affordable buy to-let villas, apartments, and townhouses during Q1 2023.
JVC has also ranked as one of the most affordable communities in Dubai with studio prices starting at AED 400,000 and above for properties featuring state-of-the-art amenities. While villas and townhouses start at a price of AED 1 million and up.
While Dubailand has been around for a while now, residents and investors alike are now flocking to Villanova, the gem within Dubailand for its incredible properties, stunning curb appeal and great amenities. Villanova is one of Dubai's famous communities and has seen a ROI of 5.95%.
What makes Villanova highly appealing to investors is that apart from being incredibly affordable, the community also features a wealth of amenities, schools, nurseries, parks and healthcare facilities within a 3km radius. Villanova has two sub-communities within for villas known as La Quinta and Amaranta.
Amaranta is more famous among residents as it has 2,3, and 4 bedroom villas overlooking parks, private pools and offers direct access in and out of the community. Prices at Amaranta start at AED 1.8 million and up with an expected ROI of 6%.
La Quinta has some of the best villas in Villanova and has 3,4, and 5 bedroom villas shelling out at an average price of AED 2 million and up with an expected ROI of 5.95%. What makes La Quinta appealing is that villas have a contemporary build, terraces, private gardens and large open-plan living spaces.
Interested in investing in Villanova? - Check out our listings.
Located along the strip of Al Qudra road, Reem is a luxurious villa and townhouse community built by Emaar and features over 15,000 units spanning across five sub-communities known as Mira 1,2,3,4, and 5.
Mira has been renowned as one of Dubai’s affordable communities that brings premium residences with a budget-friendly price tag. ROI in Mira is seen at 5.2% with rental yields of 5.7-5.9%.
Mira features 3 and 4 bedroom townhouses and villas spanning across all the five sub-communities and has a price point of AED 1.5 million and up for townhouses while villas begin at a price point of AED 2.2 million and up.
What makes this community highly appealing is that it's a little convenient community in the corner featuring parks, walking, jogging tracks and a town centre with multiple retail outlets, supermarkets, restaurants and gyms.
Want to call it yours? - We’ve got some great live listings to check out!
Known as the city’s next residential bombshell, this community tucked away by Ras Al Khor presents Marina style living with an affordable price tag - oh and not to mention, you would be living by the Marina too!
Dubai Creek Harbour is a mix-use community that features commercial and residential properties with high rises being the main appeal. All the apartments overlook views of the lagoon, the creek or the garden in the middle of the community. There are apartments ranging from 1-3 bedrooms, and some towers have penthouses too.
Dubai Creek Harbour is divided over nine districts, which feature a business district for commercial properties and has an island district - which is completed with the most residential towers, retail outlets, restaurants and children play areas.
Prices for apartments in Dubai Creek Harbour start at AED 1.2 million and up. While some towers feature four-bedroom apartments, prices start at AED 5.5 million and up with an ROI of 4.6-5% annually.
Keen to live by the pristine blue waters? - Check out our live listings.
Want to live in the centre of the city, in a family-friendly community overlooking the water?
District One is the popular community within Mohammed bin Rashid City and features an array of apartments and villas ranging from one bedroom to seven bedrooms. The community features over 7 km of water surrounding the community and 26 million sq. ft of dedicated outdoor green spaces making the community a small city within itself.
The community features stunning amenities at every corner, gyms, retail outlets and Dubai Mall within a 2km radius. What makes this community appealing is that villas have personal garages, lush green gardens, private pools and terraces overlooking water views.
Prices for apartments in District One start at AED 1.2 million with an ROI of 4.6% while villas sell for AED 8 million and up with all the works! The community holds an overall ROI of 4.8% annually.
Want to call it yours? - Take a look at our listings in District One.
Would you like to live within a secluded community away from the city’s hustle and bustle?
Mudon’s just the place to call home. From its serene greenery, beautiful townhouses and villas overlooking the city’s skyline - this stunning community sits along Al Qudra road and features seven sub-communities that host numerous amenities, lush spacious park and Al Saleem Community Centre offering a selection of leisure and hospitality options.
Mudon has villas ranging from 3,4,4 and 5 bedrooms starting at AED 2 million and up with an ROI of 6.1% ranging till 6.4%.
Check out Mudon today? Here are our live listings.
Have these communities got you thinking about investing in Dubai’s property market?