As per a review made by the experts at ZoomProperty, Dubai has earned the status of the real estate hub in the UAE for the profitable opportunities it has for investors. It has, undoubtedly, become one of the best property investment options in UAE. People from across the globe prefer property investment in Dubai as a means to have a stable source of income.
If you also plan to invest in the real estate sector in the city of gold, you have landed at the right place. In this post, we have shed light on some of the best areas to invest in Dubai in the year 2020 reviewed by ZoomProperty property experts. Continue reading!
Palm Jumeirah Properties
It certainly won’t be wrong to term Palm Jumeirah as an evergreen favorite area for investment in this city. Its ideal location, laced with breath-taking views, is rich with facilities and amenities. This makes it one of the major reasons why this area is popular with investors. They have various options for investing in the growing number of residential projects in Palm Jumeirah. According to ZoomProperty experts, the area is also known for its luxurious villas. You can invest in a villa here and have a continuous stream of rental income generating for the years to come. Furthermore, there are various commercial properties in which you can safely invest your money to secure your own and your family’s future.
Another reason why this area is popular with investors is that it is suitable for families to settle in. They look for properties that are rich with luxuries, amenities, and comforts, and Palm Jumeirah features them in abundance. There are various renowned educational institutes, food points, and attractions located nearby, which make it one of the best places for investing or buying property in Dubai.
Downtown Dubai Properties
Home to various new residential developments in Downtown Dubai and some of the iconic structures in Dubai, Downtown Dubai is definitely an area you should consider when making an investment in this city. The tallest building of the world Burj Khalifa stands here with all its might and grace. Along with that, shopper’s haven Dubai Mall, the reason many people visit Dubai, is also located here. This area features a mix of various commercial and residential projects, which make it an ideal choice for investors.
Another great factor that sets it apart from other parts of the city is that it offers a unique combination of old-world charm and high-end luxurious, modern facilities. This is why there has been a noted increase in the number of people preferring this area over others.
Arabian Ranches Properties
Those who want to invest in villas, Arabian Ranches property is the best choice in Dubai. Regarded as the most popular villa neighborhood in the city, this desert-themed area holds great opportunities for everyone. Its strategic location, abundant off-plan projects, and unparalleled facilities make it one of the best investment options in the city.
Arabian Ranches is a vast area covering an area of 1650 acres. Its calm and serene environment and close proximity to Burj Khalifa are some of the most sought-after features of this area.
“As the residential projects here have high demand in the real estate market, it has become a top choice for investors.” – Says real estate expert at ZoomProperty
Business Bay Properties
Despite having a slow start in the real estate sector, Business Bay properties are ready to catch up with the other biggies in the market. It is speculated to be among the top successful areas with high demand in the real estate market in 2020.
The top reasons why Business Bay is worth investing in include its easy access from other parts of the city and facilities it is laden with. As per statistics, it started to pick up in the last quarter of 2019 with 1,160 property transactions recorded in the last three months of the year.
This central business district of Dubai features numerous skyscrapers. Predicted to be known as the ‘new city’ within the Dubai city, this area has plenty of opportunities in store for investors with its residential and commercial developments.
Properties in Jumeirah Lake Towers
Last but certainly not least, properties at Jumeirah Lake Towers is another major attraction for investors in Dubai. It nestles in itself 87 sky touching towers that are located amidst four artificial lakes creating a serene and peaceful environment. Its location is one of the major factors that has led to its popularity in the real estate market. Dubai Marina Mall, one of the most shopping centers of the city, is also located at a stone’s throw from this area. Those who want a living space in the city prefer Jumeirah Lake Towers for the unmatched amenities it offers to them. This has resulted in this area enjoying a high demand in the real estate sector.
Takeaway From ZoomProperty Review
As stated above, there are numerous options for investors in Dubai. However, to ensure you get a better ROI on your investment, it is important to make an informed decision. For this, you can take the assistance of property experts at Zoom Property. With our premium listings all over the UAE and guidance from experts, you can invest in a property that will turn out to be a profitable venture for you.