Residential Properties in Dubai
Dubai – A thriving location with real estate opportunities that appeal to a wide range of people from celebrities and socialites to families and baby boomers, here is something for everyone in Dubai. Of course, if you plan to purchase property in Dubai as an investment, you want to be sure there will be a substantial return on your initial purchase price. This may not always be easy to predict as there are many factors than can have an impact on profitability. But by doing your research and buying wisely, you can eliminate risk and find the best deals on the market that are most likely to generate a good return. Here are some of the Dubai real estate opportunities that are the most profitable.
Buy Land in the City:
Buying land that is close to the city is always going to be more expensive. Generally the further you move away from town the cheaper land becomes. But this greater investment will pay bigger rewards in the future and is a pretty safe bet. Investing at the right time is key. When an area is experiencing rapid growth and significant investment from other sources, property values in the area will also rise fast resulting in a higher ROI ( return on investment). Away from the city you may have to wait a little longer for a return, but as the population expands the profits should soon begin to rise as well.
Golf Course Land:
There are several very popular golfing developments across Dubai and they present fantastic investment opportunities. Golf is enjoyed by people from all walks of life, and these developments allow them to play golf all day and then head to the restaurants and bars on site to relax for the evening. The more popular the golf course the greater possibility of a healthy return on your investment. Dubai is home to a number of luxurious golf clubs. The fabulous weather and gorgeous environment make for an enjoyable vacation.
Land with a Sea View:
People will pay a premium for a property with a sea view. If you can find an undeveloped area of land that is suitable for a residential dwelling and has no legal restrictions you are on to a winner. Once the development is complete this investment will generate huge profits as ocean front properties are the most desirable by far. Jumeirah Beach Residences for example Boasting 1.7 kilometers of golden sands, immaculate landscape, walkways lined with a multitude of high end shops, restaurants, salons and luxury hotels.
Land on the Lake shore:
People love to live near water hence the popularity of ocean view properties. And the next best thing to an ocean view is the view of a beautiful lake. There is nothing more relaxing than looking at the still, calm waters as you enjoy a cool drink on the balcony.The quality of a lake is ultimately a reflection of how we take care of its watershed. Healthy watersheds make healthy lakes and higher property values. Plus, they offer perennially strong holiday rental prospects.
Land with a Lake View:
Land that offers a view of a lake, but does not sit directly on the lake shore. It may be a few minutes’ walk from the water’s edge so it will be cheaper, but still a desirable place to live. This can be a good investment but take caution and only invest if future expansion plans are planned and you are confident the surrounding area will continue to be developed.