Dubai has long been known as a global hub for luxury living, stunning architecture, and extravagant lifestyle. Over the years, the real estate market in Dubai has been booming, attracting investors from all over the world. While hotspots like Downtown Dubai and Palm Jumeirah have always been popular, there are several up-and-coming areas in the city that promise excellent return on investment (ROI).
In this blog, we will explore the top five emerging areas in Dubai that are poised to offer outstanding opportunities for real estate investments with high ROI for future investments.
1. Dubai Creek Harbour
Dubai Creek Harbour is a prestigious waterfront development that boasts stunning views of Dubai Creek and the iconic Dubai skyline. This ambitious project is set to be home to the world’s tallest tower, Dubai Creek Tower. With its emphasis on sustainability and smart living, Dubai Creek Harbour is becoming a magnet for investors seeking luxurious, eco-friendly properties. The area is also designed to be a cultural and recreational hub, with art installations, retail outlets, and numerous leisure facilities. Investing in Dubai Creek Harbour presents a unique chance to be a part of a futuristic urban landscape while reaping impressive returns on investments.
Some Exciting projects to look at
- Creek Palace
- Dubai Creek Residences
- Creek Horizon
- Dubai Creek Harbour Villas
2. Dubai South
Dubai South, formerly known as Dubai World Central, is a rapidly developing district that has gained significant attention from investors in recent years. This sprawling area is strategically located near Al Maktoum International Airport and hosted the Expo 2020 event, which was postponed to 2021. With ambitious infrastructure projects underway, such as the expansion of the Dubai Metro, Dubai South offers tremendous potential for investors looking for long-term growth and promising ROI.
Some Exciting projects to look at
- Emaar South
- Dubai South Business Park
- The Pulse
- Residential District
3.Jumeirah Village Circle (JVC)
Jumeirah Village Circle is a vibrant and family-friendly community that has witnessed remarkable development in recent years. Offering a mix of apartments, townhouses, and villas, JVC appeals to a wide range of buyers and tenants. The community’s proximity to major highways and its array of amenities, including schools, parks, and retail outlets, make it an attractive choice for young professionals and families. The property prices in JVC are still relatively affordable compared to established neighborhoods, making it an ideal investment opportunity with the potential for substantial appreciation in the coming years.
Some Exciting projects to look at
- Bella Rose
- Viridian
- Jumeirah Village Circle Villas
4.Dubailand
Dubailand is an entertainment and leisure mega-development that has the potential to become a major investment hotspot. As the largest area in Dubai, Dubailand encompasses a diverse range of residential and commercial projects, including theme parks, shopping centers, and sports facilities. With the opening of attractions like Dubai Parks and Resorts and IMG Worlds of Adventure, Dubailand has already started to draw in tourists and residents alike. As more developments come to fruition, property values are projected to soar, making this area an enticing prospect for savvy investors seeking high ROI.
5.Business Bay
Business Bay is a bustling central business district that is steadily emerging as a prime location for real estate investment. Located along the Dubai Water Canal and in close proximity to Downtown Dubai, Business Bay offers a strategic position for business professionals and residents alike. The area is witnessing the development of upscale residential towers, office spaces, and a plethora of retail and dining options. With its continued growth as a commercial and residential hub, Business Bay is expected to deliver strong returns on property investments in the years to come.
Why Dubai?
Dubai’s real estate market continues to be a thriving landscape for investors seeking lucrative opportunities due to its unique geographical location. Dubai is the bridge between the Far East, Europe, the CIS and Africa
- Amongst 10 Most Visited Cities in The World
- Dubai is one of the safest cities in the world – Dubai Ranks 7th on Global Safe City Index by Numbero
- 0% Personal Income Tax, Rental Income Tax, Capital Gain Tax
- 10 year Golden Visa program has attracted talents from a multitude of professions and nationalities
- The only country in the world which is home 210 Nationalities from the world
- Melting pot of Cuisine’s and cultures
- Amongst 10 Most Visited Cities in The World
- Dubai Ranks 24th in the Global Quality of Life Index
- Over 3 Mn Residents
- Potential 8-10% Rental Return
- Booming Short-Term Rental Market
- 50% mortgage for Non-Residents
Get in touch with us at info@waynahproperties.com if you need expert advise of investment in Dubai and maximizing your ROI
