New apartments for sale in Dubai for investment
There are many reasons why to choose real estate investment in Dubai. This is one of the most popular destinations in the UAE amongst expats and tourists from all over the world. The demand for private investment is growing thanks to high returns on investment, which allows not only to secure money, but also to gain profit.
What is the reason for the high return on investment for apartments in development projects:
- This is a ready-to-move-in property, which includes not only housing. Buyers also have access to the development's facilities such as a parking lot, a gym and etc. Therefore, it is worth checking what facilities the project features before buying a unit there.
- New projects are being built in neighbourhoods with developed infrastructure, which increases the demand and returns on investments for apartments in developments.
Also, according to property investors, another reason for investing in UAE property is the fact that you can easily resell it in the future, as local housing is always in demand. If you decide to resell your property, you will find buyers without any problem. Statistics provided by analytical agencies also confirm high returns on investment.
Apartments in development projects at prices from developers
Those thinking about investing in a new apartment in Dubai are interested in the payoff. The return on investment depends on the type of property and its area. While the rental yields for a villa is around 6%, this figure can reach 8-10% for apartments. The most popular rental options (short and long term rentals) are studio units as well as one-bedroom units in new projects in Dubai.
The cost of buy-to-let apartments depends on location of the property and its area. Prices start from AED 300,000 and can go up to several million. For example, a one-bedroom unit in Jumeirah Village Circle can cost AED 400,000. Having said that, in Palm Jumeirah, the cost of the same property can reach several million. When purchasing an apartment, the owner gets the right to apply for a residence permit by property investment in Dubai.
The United Arab Emirates law allows investors to buy housing remotely. Property hunters planning to buy investment apartments in Dubai can study housing options via online tours and trusted real estate agents will manage a property transaction. Dubai's real estate market offers a great variety of investment apartments in the best development projects in Dubai. Therefore, you will easily find an apartment that will perfectly suit your goals. And working with a trusted real estate agency, you can avoid any risks and choose the most profitable investment options.
Buying a new apartment for investment in Dubai
Today when buying an overseas property, you do not need to visit this country. You can choose a property you like online. Find you ideal investment apartment in Dubai. Our experts will help you choose the best option that will match your budget and goals. Our comprehensive property database includes the latest property offers from trusted developers in the UAE that will bring you high rental yields. Check out the best investment apartments in Dubai today!