The best 7 areas to invest in apartments in Dubai in 2022
 |
| The best 7 areas to invest in apartments in Dubai in 2022 |
- The best areas to invest in apartments in Dubai
- global city
- International City has always been a preferred option for many who wish to invest in apartments in the Emirate of Dubai, as it is characterized by the appropriate housing prices and strategic location, not to mention the great cultural diversity in it, unlike other areas in Dubai, it consists of different neighborhoods designed according to the prevailing architecture. In 10 countries of the world!
- Moving on to the real estate price index in International City, during the past six months, the area has witnessed a negligible increase of 0.86% over the average square foot price to reach AED 447.18, and accordingly, the average price of a studio amounted to AED 215,000, while the average price of 1-bedroom apartments reached And a hall for sale in International City to 312,000 AED. As for the larger apartments in terms of space, the average price of two-bedroom apartments in International City is about 688,000 AED, noting that International City received a 7.51% return on real estate investment in it, which is the highest rate of return in the most famous areas of Dubai!
- Dubai Silicon Oasis
- Dubai Silicon Oasis is one of the most integrated and self-sufficient areas in the emirate, as it is filled with modern and advanced facilities such as shops, educational institutions, and hotels, not to mention the restaurants of Dubai Silicon Oasis and many other advantages that attract individuals and families, which made it one of the most important and most residential areas in Dubai There is a demand to buy and rent apartments, which contributed to an increase in real estate prices by 2.33%, as the average price per square foot rose to AED 597.24!
The average price of a studio for sale in Dubai Silicon Oasis is about 320,000 dirhams, while the average price of 1-bedroom apartments has also reached 447,000 dirhams. If you are looking for 2-bedroom apartments for sale in Dubai Silicon Oasis, the average price reached 816,000 dirhams Emirati.
These advantages have made it one of the most prominent areas preferred by investors and buyers, as the return on investment in Dubai Silicon Oasis reached 7.06%, outperforming each of the Jumeirah Lakes Towers, Jumeirah Village Circle, and Dubai Sports City, which provides a unique opportunity for real estate investment in this region.
- Dubai Sports City
The list also includes Dubai Sports City, which is a preferred option for many individuals and families in the Emirate of Dubai, as the area provides its residents with a set of special advantages that have contributed to the increase in the number of people coming to live in Dubai Sports City, starting with various properties and recreational, sports and basic facilities, all the way to The strategic location, not to mention the excellent return on investment, which reached 6.91%!
Moving on to the price index, the average square foot price increased by 4.02% to AED 611.5, so the average price for a studio was AED 309,000, while the average price for 1-bedroom apartments for sale in Dubai Sports City was around AED 459,000!
There has also been a significant increase in larger apartments in terms of space, including 2-bedroom apartments for sale in Dubai Sports City, with an average price of AED 729,000!
- Jumeirah Lakes Towers
If you are looking for other options, we recommend you to look at the Jumeirah Lakes Towers area, which inspires the attention of investors and those looking for apartments for sale in Dubai. It also witnessed a noticeable increase in the average price per foot by 6.14%, a rise of 870.26 AED, and accordingly, the average price of studios rose The average price of 1-bedroom apartments for sale in JLT is AED 762,000.
The largest shared family in terms of space, the average price of two apartments and a hall for sale in JLT is AED 1.22 million. As for the return on investment in real estate in this region, it reached 6.62%! The area represents an irreplaceable opportunity to enter the real estate investment market in Dubai currently, especially as it includes the best properties in the emirate.
- Jumeirah Village Circle
The searches conducted on Bayut and Dubizzle websites show the noticeable trend of investors towards buying apartments in Jumeirah Village Circle, as it is the most popular area for buying affordable apartments in Dubai! As for the price index and investment in its properties, there was a decrease in the average price of apartments for sale in JVC by 3.29% compared to the second half of last year, bringing the price per square foot to AED 811.72, and accordingly, the average price of a studio for sale in JVC decreased In addition, the average purchase price of 1-bedroom apartments in JVC has been reduced to AED 642,000.
The average price of two-bedroom apartments for sale in the area has decreased to AED 943,000, but the return on investment in apartments in the area has reached 6.22%, which has made it a preferred destination for many investors, especially in light of the low real estate prices there!A
- Dubai Marina
The Dubai Marina area is characterized by its high-end residential units and luxury apartments, which represent a major choice for many investors and buyers, and with the increasing demand for buying real estate in it, the average square foot price has witnessed a remarkable increase of 7.11% to reach AED 1,242.31.
This rise was also reflected in the price of luxury real estate in the area. Accordingly, the average price of 1-bedroom apartments has reached around AED 1.067 million, and the average price of 2-bedroom apartments for sale in Dubai Marina has reached AED 1.649 million; In addition to the average price of AED 2.706 million for 3-bedroom apartments!
Not only that, but the region has also outperformed many areas of Dubai in terms of return on investment, reaching 5.54%!
- Commercial gulf
Are you looking for the best real estate project in Dubai and want to start investing in real estate in Dubai without worrying about the return on investment? Well, Business Bay is a suitable option for you, as the area has affordable prices, in addition to a high rate of return on investment compared to many other areas in the emirate, which is 5.39%!
As for the prices of apartments, they have increased significantly since the beginning of the year, with the average price per square foot increasing by 6.42% to reach AED 1,260.73! Accordingly, the average price of 1-bedroom apartments for sale in Business Bay is around AED 1.018 million. The larger apartments in terms of size also include 2-bedroom apartments for sale in Business Bay with an average price of AED 1.683 million, as well as 3-bedroom apartments, which averaged AED 2.418 million.
The list also includes another group of areas that caught the attention of many seekers of real estate investment opportunities in Dubai, specifically real estate investment in apartments, including the following with their percentage of return on investment:
- Downtown Dubai: 4.6%
- Palm Jumeirah: 4.52%
- GPR: 4.09%
epilogue
And with this, we come to the end of the article, the best areas for me to invest in are our apartments in Dubai. Wait for another article in which we will talk about The best areas to invest villas in Dubai
Posted by dubaiinvestingrealestate.blogspot.com