Apartments for sale in Dubai
The aesthetic architecture and vibrant environment make Dubai one of the most populous states in the United Arab Emirates. Dubai is a preferred destination for people belonging to 200 countries across the globe as it is the land of opportunities.
The exquisite buildings, impressive landmarks and high living standard encourages people belonging to different cultures to relocate and buy apartments for sale in Dubai. The cities of Dubai are rich in business and job opportunities and the astounding views also add value to the standard of life in Dubai.
The economic growth and stability of this state have made Dubai apartments for sale a very significant investment. The real estate industry of Dubai has a huge variety of options o offer to anyone who wants to buy an apartment in Dubai and settle here.
Dubai is immensely growing to become well-established and well-organized neighborhood and all the cities of Dubai are well equipped with luxurious apartments for sale, attractive amenities, and high standard facilities.
Types of Apartments for Sale in Dubai
The apartments for sale in Dubai were made available for foreign investors after the freehold law was passed. It was a huge step forward in making Dubai a business hub and welcoming professionals from all over the globe to relocate and buy apartments in Dubai.
The Dubai Apartments for sale comprise of a wide range of residential buildings and apartments types making it easier for people to make a choice according to their requirements and living standard.
Before buying an apartment in Dubai the investor determines whether the apartment or flat type can fit in their family members and fulfill other requirements as well. The types of apartments categorized based on a number of rooms include the following:
- Luxurious penthouses for sale in Dubai
- 5 Bedroom apartments for sale in Dubai
- 4 Bedroom apartments for sale in Dubai
- 3 Bedroom apartments for sale in Dubai
- 2 Bedroom apartments for sale in Dubai
- 1-Bedroom apartment for sale in Dubai
You can also choose the type of furnishing for your apartment depending upon the purpose and available budget while buying an apartment in Dubai. If you purchased an apartment for your personal use, then it would be preferable to furnish it yourself according to your personal preferences and choices. The furnishing types for apartments for sale in Dubai include the following:
Fully furnished apartments are available for sale in Dubai for people who do not have enough budget or time to furnish their homes before moving in.
If you are specific about the type and color scheme of furniture your apartment must have, then you can purchase an apartment for sale in Dubai and then furnish it yourself. It might cost you more, but you can furnish your apartment according to your requirement.
Partially furnished apartments for sale in Dubai are also available and you can customize the look and feel of your apartment as per your needs. This furnishing type helps you decorate your dream home in less time and cost.
Features to look for in apartments for sale in Dubai
Dubai is known for its exquisite residential areas and tall buildings. People looking for apartments for sale in Dubai can also enjoy amazing neighborhood landmarks, an upbeat lifestyle and high-quality facilities to raise your standard of living.
Your apartment must be equipped with all the features and accommodations which make your life luxurious and comfortable. A few features which you must consider while buying an apartment in Dubai include the following:
- The rooms of the apartment must be spacious
- The view must be good
- There should be enough natural light
- A parking area adjoined to the residential building
- The neighborhood must be peaceful
- The fittings of kitchen and washroom etc. must be in good condition
- Additional features like a swimming pool or gym must also be available
- Easy access to metro stations or other means of commute
- The supermarkets, shopping malls, hospitals, pharmacies, and other such basic amenities must be easily accessible and nearby
- The security measures must be good including security camera, guards, etc.
- The workplace must be nearby
- There should be no construction site nearby
- The apartments or flats must be pet-friendly
Popular areas for Dubai Apartments on Sale
Dubai is considered an ideal destination for potential buyers of apartments for sale due to the large pool of facilities and luxuries offered there. The most popular and exclusive areas for buying an apartment in Dubai include areas like the exquisite beaches of Dubai Marina, the tall skyscrapers of Dubai Downtown and several other locations.
The demand for apartments for sale in these areas is very high due to the dynamic lifestyle and exclusive facilities available in these localities. The services and amenities available for potential buyers are word class and you will enjoy a comfortable and contented lifestyle by purchasing apartments for sale in the following locations:
- Dubai Marina
- Downtown Dubai
- The Palm Jumeirah
- Jumeirah Village Circle
- Jumeirah Lake Towers
- Business Bay
- Dubai Sports City
- Dubai Silicon Oasis
- Jumeirah Beach Residence
- Al Furjan
Price trends for apartments for sale in Dubai
A huge variety of apartments for sale are available across Dubai with different sizes, locations, prices, furnishing types, and other features. The cost of each apartment depends on these factors and you can choose an apartment of your choice from a large pool of available options.
The prices of apartments for sale ranges from AED 230K to a whopping budget of AED 20 million. During the past couple of years, the prices of apartments for sale are dropping and this trend is expected to continue in the coming year as well.
Dubai Marina is one of the most popular locations for buying apartments in Dubai and a decline of 1% was observed in the prices of apartments located in this area. The residential area process of Downtown Dubai also fell to 7% as compared to the previous year.
Palm Jumeirah is the only residential area in which the prices have elevated during the last six months due to the increasing demand of people eager to buy an apartment or flat here.
The average cost of apartments for sale in a few popular neighborhoods of Dubai is mentioned below:
- Dubai Marina: AED 2,450,00 – AED 3,850,000
- Al-Barsha: AED 1,250,000 – AED 4,000,000
- Cultural Village: AED 28,000,000
Price trends metrics for buying an apartment in Dubai
The cost of the apartment for sale in Dubai mainly depends on the following few factors:
- The area per square occupied by the apartment
- The number of bedrooms
- The availability of parking space
- Garden area
- The location of the residential towers of apartments
- The ease of access to nearby schools, hospitals, malls, and other such facilities
- Available of nearby metro stations or other means of public transport
- Availability of Nearby landmarks or prestigious buildings
- Furnishing type
Steps to buy apartments in Dubai
The steps which must be followed in order to buy an apartment in Dubai are mentioned below:
View Property Listings
The initial phase of purchasing an apartment In Dubai is to go through all the available option. Before that, you must be clear about the type of apartment you want to buy and the city or state in which you want to reside. After finalizing these things, you can search out for a suitable apartment for sale in Dubai by going through the online property listings.
These property listing will help you in pinpointing the budget required and it will also allow you to go through the pool of options available. You can also apply relevant filters in these property listing to narrow down your choice. These filters include State, furnishing type, number of bedrooms, and other similar options.
After thorough research and having a look at all the good property listing websites you will be able to shortlist a few options which meet your requirements and needs. You can also seek assistance from a property consultant to determine which locality suits you best.
Pay a visit to the short-listed apartments for sale in Dubai
The next step is to visit the short-listed apartments to narrow down your choices even further. You can also visit the neighborhood and determine the environment and ambiance surrounding your future home. After looking at the apartments you will get a clear idea about which one you want to buy.
Then you will need to set up a meeting with the apartment owner and reserve the selected apartment or flat. In that meeting an agreement is written between you and the seller and other terms such as down payment, total cost, etc. are determined. After agreeing to the terms and conditions both the parties sign the agreement and perform all the paperwork required in order to transfer property to the buyer’s name. The documents required include the following:
- Original Passport
- Copy of residency permit
The budget will also include the registration and property transfer fees so that all the records can be updated in the buyer’s name. The payments can be made in installments. After going through all these steps, you can successfully buy an apartment for sale in Dubai.