The Best Dubai Real Estate Projects 2022
I write about my personal experience in Dubai-the city known for its modern architecture, opulent shopping malls, and colorful nightlife.
Multiple real estate projects across the globe catch the attention of investors. However, the real estate of Dubai has outshined many popular real estates in the world. Its property portfolio features the best real estate projects of 2022, with each giving a rewarding return if done with the help of professional brokers.
Investment in Dubai real estate is considered an ideal investment due to the Emirate’s strategic location and the attractive policies of the UAE Government. Especially after the relaxation of COVID-19 restrictions, more investors are looking forward to investing in its properties. In short, the future of the Dubai property market is bright for sure.
Investors searching for properties for sale in Dubai should keep in mind that the Emirate offers many different types of properties including studios, apartments villas, penthouses, townhouses, shops, warehouses, office spaces, etc. So, search according to your budget and requirement.
To help you in making your decision, below is a list of some of the best projects for 2022 in Dubai:
Project 1, Project 2, Project 3, Project 4, Project 5, And So On
Palm Jumeirah
For people eyeing Palm Jumeirah properties, Seven Palm is the highly suggested neighborhood to invest in. Its splendid architecture features a 14-floor building and offers its residents several dine-in and entertainment options. Furthermore, the project offers features and services including:
* Retail access.
* Sports Bar.
* Easy access to a public beach.
* Olympic-size rooftop infinity pool.
* Studio-3 BR apartments.
* 5-star amenities.
Downtown Dubai
Downtown is without any doubt one of the most toured neighborhoods of Dubai. This beautiful area is home to the 3 famous tourist spots including Mohammad Bin Rashid Boulevard, Burj Khalifa, and Dubai mall. The lavish lifestyle and high standard of living of Downtown Dubai make it one of the ideal places to live and enjoy Dubai!
Furthermore, the rental rates of apartments in this area are the most expensive in Dubai. Studio apartments generally attract AED 920,000, while 1 BR apartments sell for approximately AED 1.45m. So, if you are looking for high rental yields then do consider Downtown Dubai because it’s the best when it comes to high ROI.
Jumeirah Village Circle
Another best project for Dubai in 2022, Jumeirah Village Circle has magnetized the attention of many ex-pats and foreigners with its luxurious manors and splendid lofts. It was constructed in 2005 and is now surrounded by 350 towers, several food courts, cafes, supermarkets, and health centers.
Whether you are looking for a rental apartment or luxury villa for sale in Dubai, this massive neighborhood has a wide range of options for you. JVC property prices range between AED 485k to AED 1.1 million for 2 BR apartments while the ROI currently stands at 6.7%, which is quite higher than many other properties in Dubai.
Business Bay
Dubai is the business hub for the Middle East while Business Bay is the area of Dubai where major business activities of the Emirate occur. With its premium architecture and business opportunities, Business Bay properties are ideal for the quickest return on investment. Apart from offering office spaces and workplaces, the neighborhood also features residential apartments and penthouses for rent and sale.
Dubai Marina
Another attention-grabbing real estate project in Dubai is Dubai Marina. Its waterfront location is what makes it stand out from the crowd. Additionally, its high-rise apartments, brand outlets, restaurants, and retail stores make it an eternal favorite for Dubai property investors.
The property prices of Dubai Marina are stable for many years, but the ROI has significantly increased and is currently at 5.80%.
City Walk
For a real estate investment in a livable, functional, and vibrant neighborhood of Dubai, pick City Walk! This is because the area offers a peaceful and pleasant environment, making it one of the loveliest places to live in Dubai.
This family-oriented community of Dubai features several chic shops, boutiques, upscale restaurants, and entertainment destinations all around. So, if you are searching for a property to live with your family in Dubai then City Walk can offer you a perfect house.
From rental yields perspective, investment in City Walk properties would be an ideal decision. This is because more ex-pats and foreigners are moving to Dubai every year thus increasing the demand for rental and sales properties.
Peninsula by Select Group
Peninsula by Select Group has also been included in the list of best off-plan projects for Dubai in 2022. The off-plan property is expected to be completed in 2024 and will include studios of sizes 385 sq. ft. and more, a waterfront location, premium amenities, spacious 3 BR units, and much more.
Arabian Ranches
One of the best locations for Villa investment in Dubai is Arabian Ranches. It is a family-oriented neighborhood located far away from all the hustle and bustle of the city.
The quoted prices for 3–5 BR villas in Arabian Ranches range between AED 2.6M-AED 4.5M respectively. Also, you can expect a high ROI of around 5.8%. So, Villa investors what are you waiting for?
Al-Qudra
For peace lovers, Al-Qudra is the top recommended place. While from an investment point of view, investors can expect a surprising return on investment from Al-Qudra properties. Moreover, its properties are quite reasonable to rent and buy as compared to the other areas of Dubai.
Langham Place
Langham Place is one of the very few projects in Dubai which has drawn a large audience during its construction. It is a project of a London-based hospitality company that expanded its hotels to Dubai. Its layout includes a twin tower that is split into service residences, 1–3 BR luxurious apartments, and penthouses as well.
Langham Place is the best recommendation for those looking forward to investing in some quality projects in Dubai or buying a house in Dubai.
CONCLUSION REMARKS
The real estate projects mentioned above are the best projects for 2022 in Dubai. These neighborhoods not only offer ready-made units for rent and sale but also off-plan properties for sale with easy installment plans. So, to invest in these properties either take a look yourself or contact the top real estate brokers of Dubai, UAE.
EXPERTISE, AUTHORITATIVENESS, AND TRUSTWORTHINESS
Aeon & Trisl, Fam properties, Espace real estate, etc. are a few of the real estate firms in Dubai which are working closely with renowned UAE developers including Emaar, DAMAC, and Meraas, to name a few. These agencies offer free and valuable consultancy to potential investors and acquire a comprehensive knowledge of Dubai properties for rent and sale. So, you can always look up to them for expert advice and a reliable real estate service.
This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional. © 2022 Faraz Ahmed Rizwan
Aeon & Trisl, Fam properties, Espace real estate, etc. are a few of the real estate firms in Dubai which are working closely with renowned UAE developers including Emaar, DAMAC, and Meraas, to name a few. These agencies offer free and valuable consultancy to potential investors and acquire a comprehensive knowledge of Dubai properties for rent and sale. So, you can always look up to them for expert advice and a reliable real estate service.
Originally published at https://discover.hubpages.com on September 23, 2022.
