The best areas of Dubai
Dubai has a well-planned and efficient public transport network. A property agency in Dubai offers properties in areas and buy property in Business Bay, Dubai where there are constant taxi and bus stops, and even metro stations, which is very convenient for moving around the emirate. However, it is only natural that some parts of Dubai have more access to public transport than others.
Areas with convenient bus routes
Getting around Dubai by bus is one of the most comfortable and cheapest ways to travel from one area to another.
Communities with the most bus routes:
Al Gubaiba – the bus place serves not only residents of the area but also those who live in the Bur Dubai area. Scheduled routes cover most of Dubai’s main retail intersections, including Al Qusais Industrial and Business Bay.
Al Badaa is a residential zone comparable to the Al Satwa bus station. There are 9 routes here that cover most of the communities and attractions of both old and new
Dubai. Residents of nearby areas can take direct bus links to Dubai Mall and Al Maktoum International Airport.
Deira is one of the areas with the most convenient public transport in the emirate. The area is bordered by different bus routes and the Metro Green Line, making it a fantastic residential choice for those who don’t drive in Dubai.
Karama Dubai is the area served by the Al-Karama bus station. 2 regular routes cover most of the old area of Dubai. The routes connect with the Green Line’s
Burjuman and Abu Hail metro places.
How to start investing?
For a comfortable entry into the market, it is recommended to have 100 thousand US dollars. You can purchase real estate in Dubai or invest in an off-plan project with this amount. Housing prices in the emirate are lower compared to the EU, UK, or US. For example, apartments for sale in Dubai cost about 1300 dirhams (353 US dollars) per 1 m² of living space, while in London, the cost is about 2363 US dollars per 1 m². Objects in the city center are especially expensive as there are no new projects.
To start investing in property in Dubai, you must understand the general basics of investing. They contain kinds and techniques of profitability, what you should count on when selecting the finest choice for investments, how to correctly calculate your income and the profitability of an object, as well as a lot of other nuances.
The most profitable objects
Regarding payback, the most profitable are 1-bedroom apartments since they can generate the highest income – up to 8.4% per annum.
The most popular areas for real estate investment for sale in Dubai are:
- Dubai Marina;
- Palm Jumeirah;
- Downtown Dubai.
Their occupancy reaches 85% per year. DIFC
Dubai International Financial Center and Business Bay are more popular with employees of firms and local corporations operating in the emirate and business professionals who come there for business meetings and other business events. The following areas are also very popular with many investors: Sports City, Dubai South, and Business Bay.
Finished projects and off-plan real estate
You can invest in ready-made apartments and villas and projects under construction. In terms of cost, the first option will be more expensive, plus you need to incur additional fees to the Dubai Land Department (DLD) for the transfer of documents, booking a facility, etc. However, you can cover part of the amount with a mortgage, which you can then pay off from rental income.
Properties for sale off-plan in Dubai costs less than finished (20-35% on average, depending on the stage of construction), plus developers offer favorable terms for payment and individual payments. After the construction is completed, the apartment can be sold at a higher price.
Assistance in buying property in Dubai
Professionals of the real estate agency in Dubai https://www.axcapital.ae/ will help you choose a liquid object for investment or residence in Dubai. They will consult and answer all your questions in detail.
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