Luxury Property in Dubai
Over the past few years, the demand for real estate in Dubai has increased significantly due to foreigners purchasing homes as an investment. It is worth mentioning a number of advantages that attract not only local, but also international buyers: the minimum amount of taxes, transparent legal framework in the real estate sector and a huge variety of houses and apartments.
Excluding the investments and closing the question of profit, it is worth thinking about the comfort of living: Dubai is a sophisticated metropolis with excellent infrastructure, convenient geographical location and warm climate. You can find any format of real estate: apartments in elite residential complexes, villas, houses of any size with all kinds of amenities. It is worth taking a closer look at all the possible aspects to find out: what causes the impressive popularity of luxury properties in Dubai?
Developers
To work on high-end projects it is customary to attract only proven, professional developers. It is noteworthy that most often you can easily verify their competence: just use the search on the official website of RERA.
The developers themselves strive to make the housing as aesthetically attractive as possible, because Dubai is full of real architectural masterpieces. A new residential complex or villa should stand out from the rest by its unique design and compliance with modern standards, although sometimes you can find apartments and residences in the style of the 80s.
In addition to aesthetic appeal, the comfort and high quality of the construction is important. Today, a house should not only be sustainable, but also eco-friendly and energy efficient. When looking for a place to live, it is worth walking through different apartments: you will be able to see and check out how the most unique solutions for saving light and energy practically work.
Some of the most popular and high-rated developers are DAMAC Properties, MERAAS, Dubai Holding. It is worth mentioning the largest developer, which is famous for projects such as Dubai Mall and Burj Khalifa – Emaar Properties. Its demand has been extremely high since as early as 1997.
Available types of luxury property
The choice of real estate is pretty diverse, as in different areas of Dubai you can realise both simple and quite bold, out-of-the-box architectural projects. Here are some examples to look out for.
Townhouses
Their comfort is not inferior to villas, however, the cost of such housing is much lower. Despite the fact that many townhouses are attached to Residential complexes, they are spacious enough and allow you to live in peace and quiet, keeping privacy. Most of these buildings have their own garden and swimming pool, some are equipped with garages. It’s worth paying special attention to the neighbourhood if you’d like to live in a small but friendly community, as many people are interested in the prospect of living in townhouses next door to others.
Studios
Such options are most often preferred by those who plan to live alone, tourists and busy workers. However, there is no denying that modern studio apartments in Dubai are very spacious and are characterised by exquisite design solutions. Contrary to the fact that this type of real estate is often considered Luxury, its price is the lowest on record.
Villas
The high prices are explained by the amount of space, exquisite interiors, amenities and additional facilities – private pools, gardens, garages for one or more cars. It is worth mentioning the architecture – it is possible to find villas in literally any style.
Duplex and triplex apartments
Sometimes a small house divided into two or three floors is enough for comfortable living. This is an excellent option for family accommodation: bedrooms and service rooms are usually on the first floor and kitchens, living rooms, bathrooms and guest rooms on the second (and third) floors. The floors are connected by an internal staircase.
Twin Houses
You can think of them as more secluded counterparts to townhouses. These buildings have private entrances and gardens that are not adjacent to the common area.
They are popularly known as semi-independent villas.
Commercial Buildings
Starting a business requires reliable, presentable buildings that can be used as hotels, offices, business centres. Usually such structures are located in the city centre, since such placement is considered optimal for major facilities.
Finding a perfect option
Many people spend a lot of time on their own searching for suitable real estate in this big city. Seems like this solution is a win-win: there is always the opportunity to look for only what is to your liking, to filter offers at your own discretion, and to pay attention to projects only from developers that are most compelling. However, traveling to meet with owners and communicating with them all by yourself could be difficult. The same is the case when looking for projects to invest in.
That is why many people decide to turn to realtors: professionals consider all the wishes and take over the search for a home (with any possible nuances). Thanks to expert guidance, buying real estate could turn out much easier and faster than expected.
There are tons of agencies which provide such services. Some of them make the search process even more efficient by providing a list of available offers on their websites – for example, NR Luxury Properties.
In most cases, it’s impossible to go without the services of a realtor in Dubai. However, in order to choose the appropriate company, it is necessary to make sure that they have a licence, analyze their market knowledge, and take into account customer feedback (which will help to draw conclusions about the quality of service).
Many accredited companies offer a number of useful services that make it virtually effortless for tenants, landlords and buyers of luxury properties.
It would be great to listen to recommendations from acquaintances: perhaps your friends or colleagues have a positive experience with any agency and are willing to recommend it for real estate search.
Is it worth looking for a luxury property in the UAE?
In Dubai, you can find thousands of properties available for purchase: their quantity is increasing every day. Apartments, studios, villas and other buildings in Dubai are distinguished by the comfort, guarantees from reliable developers and exclusive architecture and interior styles. Today, more than 740,000 Residential Units have been completed in the city, with another 50,000 under construction. Among them, impressive apartments for comfortable living could be easily found.
The same can be said about commercial property – the exterior and arrangement of the existing buildings are as convenient as possible for starting a business.
So, the answer to the question is an absolute ‘yes’. At least, it is worth checking out Dubai as a place for a future living or starting a new enterprise.