Property in Jebel Ali
Real estate in Jebel Ali for investment and permanent residence is available for foreigners to purchase. Jebel Ali is a large area of Dubai, consisting of several clusters. The community is listed as a free zone and combines both residential and commercial stock, allowing a foreigner to buy real estate in Jebel Ali and own it as private property.
The community is conveniently located near the sea. One of the largest ports in the UAE is located on its territory, ensuring the community is industrially significant. Real estate here is in great demand among businessmen as many companies specialise in various branches of services and products.
The residential stock is also attractive to foreign investors due to its proximity to the sea. Jebel Ali is one of the most sought-after tourist destinations. The man-made island of Palm Jebel Ali, part of the area, is home to many hotels, cafés and restaurants, as well as diving centres and other leisure and recreational facilities.
All types of properties can be found in the area: studios, spacious apartments, townhouses and villas. All the residential complexes have extra amenities for a comfortable lifestyle. The area is under development and, at present, there is a large selection of properties for foreigners and local investors.
Real estate prices in Jebel Ali depend on the layout of a particular object, its size and the number of rooms. The following prices are based on the listings in the area:
- Studio flats - from AED 429,000 (USD 117,000)
- 1-bedroom apartments - from AED 700,000 (USD 190,500)
- 2-bedroom residences - from AED 900,000 (USD 245,000)
Villas in Dubai from the developers are offered here at AED 2.55 million (USD 694,000). The cost is much higher for ready-made properties and starts from AED 4 million (USD 1 million).
When planning for the expenses involved, it’s important to take into account that registering a transaction with the Dubai Land Department also requires a payment fee of 4% of the value of the dwelling. In addition, there are separate management fees for under-construction properties valued at AED 500,000 and above. Legislation may change so it would be more prudent to check the additional costs just before the transaction.
Property investment in Jebel Ali
Buying real estate in Jebel Ali is a potentially lucrative investment. Dwelling in Dubai remains the most stable tangible asset to combat inflation. The real estate value here has been increasing for several years now, allowing you to capitalise on the resale value. Buildings that are under construction are best suited for this. When the sales begin, Jebel Ali properties are priced several tens of per cent lower than similar completed properties.
Buying an apartment in Dubai can also be considered for subsequent rental. Properties in the city are in demand among expats. A studio flat in the Jebel Ali area can be rented for AED 25,000 (USD 7,000) annually. Rents for 1-2-bedroom residences range from AED 33,000 (USD 9,000) to AED 90,000 (USD 24,500) annually. Rents for detached houses with 3-4 bedrooms can bring the owner from AED 165,000 (USD 45,000) to AED 200,000 (USD 54,500) annually.
Let us help you to buy property in Jebel Ali on Dubai-Property.Investments
The site contains current sales announcements property in Dubai. A convenient search system allows you to browse the property market in real-time, selecting the dwelling by type, location, area and price. You can find the prices in rubles, euros and dollars. Brokers with many years of experience are ready to provide advice on the choice of housing suitable for foreign buyers and guide you through the real estate prices in Jebel Ali area, Dubai, UAE. Please fill in the feedback form for any queries.
