Housing is the first thing a traveler looks for when moving to a new country. Being in a foreign land prompts a desire to explore details about the city, such as learning about the most prominent and popular apartments in Dubai, and understanding the advantages of these apartments and how to own one, whether for spending some alone time or for an annual family vacation. In the following lines, we will explain everything related to residential properties in Dubai with Mieyar Real Estate Company.
Apartments in Dubai
We can guide you through some of the charming areas in Dubai where you can find an apartment, highlighting the advantages of each area mentioned below:
- Dubai Marina: This area is a top choice for many visitors for housing and residence. It features an endless number of towers and residential apartments that are elegantly finished, providing a unique living environment with stunning and attractive views. It also offers all the daily necessities you might need.
- Palm Jumeirah: As one of the largest artificial islands, it hosts numerous residential properties and unique high-end buildings. All apartments on Palm Jumeirah boast attractive views and expansive green spaces.
- Business Bay: This area includes a massive number of residential properties and luxurious apartments, allowing you to enjoy a unique lifestyle at a high level. If you are looking for apartments in Dubai, we always recommend visiting this area, which features tall skyscrapers and spacious apartments to meet your needs for a large living space.
- Jumeirah Village Circle: Known for its tranquility and distinctiveness, many residents prefer this area due to its prime location and abundant green spaces. It also features numerous flowing water channels, and offers various amenities like parks, schools, and fitness centers.
- Downtown Dubai: This area hosts many tourist attractions such as the Dubai Fountain and Burj Khalifa, making it one of the most attractive places for visitors and a great place to live.
Types of Apartments for Sale in Dubai
Whatever your expectations and needs, you will find apartments for sale in Dubai that suit your budget and desires. The apartments in Dubai are diverse, and we will explain the types available for sale below:
- Studio Units: These units feature an open design with a fully equipped kitchen, a main room, and a living room. They are most suitable for small families and individuals, with reasonable costs.
- Standard Apartments: These apartments are larger compared to studio units. They include a living room, a bedroom, a separate room, and a kitchen. Some may also feature an additional maid’s room.
- Serviced Apartments: Fully furnished and regularly maintained, these apartments are found in large residential complexes or hotels. They are ideal for investors seeking to buy an apartment in Dubai for investment and rental income.
- Duplex Apartments: These apartments span two floors, each containing spacious rooms. The layout offers comfort, and they are often purchased by investors for rental purposes or by those who appreciate the value of such apartments.
Advantages of Owning Apartments in Dubai with Mieyar Real Estate Company
There are many benefits you will gain by owning apartments in Dubai, including:
- By owning an apartment in Dubai, you can benefit from an annual return on investment, with a rate of up to 8%.
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- You can own an apartment that matches your financial situation while enjoying a luxurious, spacious, and high-quality finished unit.
- Apartment prices in Dubai range between AED 600,000 and AED 900,000.
- Prices vary by area, with the highest prices found in the Marina area due to its prime location and tourist attractions.
- Numerous under-construction projects allow investors to purchase properties at lower prices.
- Renting out property in Dubai can yield significant income, as the market heavily relies on rental properties.
- Owning property in Dubai enables you to quickly and easily obtain a residency visa.
- There are no taxes on salaries or income if you do not exceed a certain level.
The idea of owning property in Dubai has become a dream for many, as the country combines modernity and tradition in its real estate offerings, making it a focal point for investors. However, there are challenges that investors may face when purchasing and owning apartments in Dubai.
Finally, if you wish to buy apartments in Dubai, ensure you thoroughly investigate before purchasing and accurately verify the advantages of the apartment. There are many companies specializing in buying and selling real estate in Dubai that can provide you with extensive information about owning property in Dubai and help determine the value of the apartment according to your budget.
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