BEST AREAS TO BUY INVESTMENT PROPERTY IN DUBAI IN 2022
Dubai is a favorite destination among people looking to buy an investment property — and for good reasons. Its real estate market has been in robust shape over the years and estimates suggest that things will be even better in the coming years, especially with the pandemic phasing out. Real estate investors are spoilt for choice when it comes to picking a location, as Dubai boasts several hotspots. However, two areas particularly stand out. These are MBR City and Downtown Dubai.
If you are looking to buy an investment property in Dubai, you may well want to start with either of these locations. Whether you are a beginner searching for your first investment or a real estate expert, both offer great returns in terms of lifestyle offerings, capital gains, and ROI.
WHAT MAKES MBR CITY SPECIAL?
Four reasons make MBR City a favorite among real estate investors. These are:
MBR City is well-connected to the rest of Dubai, and the residents of this new master-community enjoy easy access to all important streets and highways. Plus, Dubai International Airport is just a 10-15 minutes drive away. As a result, it provides great connectivity to foreign travelers, visitors, and residents.
In this new master-community, you will find a mix of residential communities and commercial establishments from many developers like Ellington Properties. In MBR City you will find a broad selection of luxurious villas and apartments, as well as mid-range apartments and townhouses within lush green, sustainable communities.
This part of the city is all set to become a popular destination among tourists and families with a range of services, amenities, and facilities catering to different cultural backgrounds.
RETAIL AND SHOPPING
The Meydan One Mall is home to Dubai’s biggest indoor ski slope and 620 retail shops, including a hypermarket and two major department stores. The residents of MBR City will enjoy easy access to one of the most exciting retail destinations in Dubai.
LEISURE AND ENTERTAINMENT
There’s no shortage of entertainment options in MBR City. Among the most popular ones are Crystal Lagoons, the biggest man-made lagoon in the world, Meydan Golf Course, a 9-hole golf course spanning more than 7,000 yards of natural lakes and tee options, and Meydan Grandstand and Racecourse, one of the most popular race courses in Dubai.
WHAT MAKES DOWNTOWN DUBAI SPECIAL?
In Downtown Dubai, you will find thoughtfully designed spacious apartments. Some of the main reasons that make this part of the city popular among renters and buyers alike are as follows:
SOME OF DUBAI’S BEST SCHOOLS ARE IN DOWNTOWN DUBAI
There are several famous schools as well as nurseries in and around Downtown Dubai. These include Jumeirah International Nursery and Blossom Downtown Nursery. In addition to top schools and nurseries, the Downtown Dubai area is a few minutes drive from two of the best hospitals in Dubai, Emirates Hospital and Mediclinic Parkview Hospital.
IT IS A CULTURAL AND NIGHTLIFE HOTSPOT IN DUBAI
Not only Downtown Dubai is home to the famous Dubai Mall, Dubai Opera and Burj Khalifa, but it also boasts some of the very best nightlife and dining venues that the city has to offer. Plus, there are many nightclubs and bars in this part of the city.
IT IS CLOSE TO JUMEIRAH BEACH
Living in Downtown Dubai means you will never be far from the beach. If you are an avid beach-lover, that’s really good news. Jumeirah Beach is just a few minutes drive away from Downtown Dubai.
Apart from MBR City and Downtown Dubai, some of the other locations that you may want to add to your list include the following:
- Jumeirah Village Circle – If you are looking for an affordable 1-bedroom or 2-bedroom apartment in a great location, don’t forget to check out Jumeirah Village Circle.
- Dubai Marina – It is home to high-rise apartments and beautiful villas. Residents enjoy access to an abundance of retail and dining locations.
- Palm Jumeirah – Thanks to exciting projects and upscale location, Palm Jumeirah has emerged as one of best places to invest in the city.