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A Beginners Guide to Dubai's Real Estate Investing


A Beginner’s Guide to Dubai’s Real Estate Investing

Investing money in Dubai real estate can be a smart decision when done correctly. That said, for a beginner, taking the plunge is quite stressful. But things do not have to be this way. Regardless of whether you wish to invest your hard-earned money in an off-plan project or buy a ready-to-move-in property, a sound knowledge of the basics is a must. And this is where Ellington Properties’ expertise comes in.

No one knows better than us that investing in real estate can be nothing short of a daunting task for beginners. For this very reason, we have prepared a list of things you should be mindful of when investing in Dubai’s Real Estate. Have a look.

  1. Timing is Everything

Whether you are a short-term or long-term investor, timing is the key. And right now is a great time to invest in real estate in Dubai.

Why? Glad you asked.

It is hardly a secret that the Covid-19 pandemic was not good for the global real estate market in general. Dubai handled things a bit differently. In fact, things have shaped up pretty nicely for Dubai’s real estate sector since the outbreak of the pandemic. That is partly because of Dubai’s strong image as one of the best places to live in the world and partly because of the timely and decisive steps taken by the UAE government, not to mention Expo 2020 which proved to be a huge success.

Long story short, Dubai’s real estate market is all set to grow handsomely in the coming years. If you invest right now, you can expect great returns. Having said that, not all residential areas in Dubai are the same. Some are expected to yield better returns than others. Therefore, it is important you pick a good location.

  • Location

As said above, location plays a vital role in deciding a property’s value. What’s more, it also plays a big role in predicting the returns the said property is likely to deliver in the future.

You may want to pick a property in a location that is very easily accessible, offers modern amenities, and is near to hospitals and educational institutes. Another thing you may want to look at is the kind of lifestyle the selected neighborhood offers. Investing in a property in a neighborhood that offers a modern, upscale lifestyle may give you better returns.

So, which are the best locations in Dubai for real estate investing?

Palm Jumeirah, the amazing man-made island that is billed as the eighth wonder of the world, is perhaps the most popular location among global investors. It offers world-class beachfront living, along with access to all modern facilities. Buyers will find a variety of apartments, townhouses, and villas in this part of Dubai. The majority of offerings in this part of Dubai are apartments and larger penthouses, but there is no shortage of villa units, either.

Besides Palm Jumeirah, Downtown Dubai is another great location for investing in real estate. Downtown Dubai is famous for spacious and elegantly-designed apartments. Its vibrant nightlife and superb location make it a great place to live in for singles. That said, it is also home to some of Dubai’s top schools and as such is an ideal place to raise a family as well.

The Mohammad Bin Rashid (MBR) City is also an option worth looking at if you are interested in investing in Dubai’s real estate. Well-connected to all major parts of Dubai, the MBR City offers a wide range of residential properties and has an impressive appreciation potential.

For more information about great locations to consider for real estate investments in Dubai, do not hesitate to contact Ellington Properties and we will be happy to assist you.

  • Look at ROI

Here’s the thing: If you are buying a residential property for investment purposes, the most important thing to consider is the profit it is likely to generate for you. That means if you are thinking about investing money in residential development, you must factor in the rental income and capital appreciation the property will produce in the future.

Because properties situated in popular locations offer a lot of benefits to the residents, they will likely produce better rental yields. This, in turn, makes them more attractive for investment purposes, especially if you do not plan to sell the property you are investing in any time soon.

  • Pick properties developed by well-known brands

Picking a branded development is a smart decision because investing in top brands such as Ellington Properties is generally considered safe and is likely to generate a good return on investment. Want to learn more about exciting real estate investment opportunities in Dubai? Contact us today and one of our consultants will be ready to assist you.