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Dubai is arguably one of the best cities for real estate investment. It has a wide range of real estate projects for investors and growing rental demand. Whatever investment you choose, it is important to choose the location. What are the most interesting districts to invest in Dubai in 2021 on a low budget?
Today, we’re going to share with you three promising and affordable neighborhoods to invest in in Dubai in 2021. As a bonus, we’ve highlighted the best residences in each area.
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Jumeirah Village Circle (JVC):
Jumeirah Village Circle is an affordable, family-friendly community located in the heart of Dubai. It is a peaceful community with the latest amenities and home to over 2000 luxury villas and exclusive townhouses.
It is a great place for families as it has two international schools, a community center, clubs, and medical facilities. Add to that the competitive property prices, this is one of the best areas to invest in Real estate in Dubai in 2021. Also, the rental yields on real estate are very attractive.
Jumeirah Village Circle is an affordable, family-friendly community located in the heart of Dubai. It is a peaceful community with the latest amenities and home to over 2000 luxury villas and exclusive townhouses.
It is a great place for families as it has two international schools, a community center, clubs, and medical facilities. Add to that the competitive property prices, this is one of the best areas to invest in Dubai in 2021. Also, the rental yields on real estate are very attractive.
Best Residences At JVC:
The Square Tower:
The Square Tower is a magnificent residential development. These apartments offer a magnificent panoramic view of JVC. The project has 37 floors with fully furnished studios and apartments with inspiring designs. You can invest in it for just € 103,979. Consult its financing plan here.
Elysium:
The Elysée by Panthéon masterpiece was designed with the elegant, modern aesthetic preferred by many city dwellers. The community will offer 268 residential units and commercial space on the ground floor. Starting prices start at € 115,975 for a studio with a five-year payment plan.
Signature Livings:
Signature Livings is the first solar-powered residential apartments in Dubai. This residence is not only financially viable but also ecologically sustainable. As for prices, studios start at € 124,422, with a rental guarantee of 21% over 3 years. You can view the details of its financing plan here.
Town Square:
Town Square is one of the new communities near Expo 2020 that has caught the attention of major investors. It is a mega residential development that offers townhouses and apartments in a family-friendly community. Located at the intersection of Emirates Road and Al Qudra Road, Town Square is ideally located for easy access to other areas of Dubai.
With a varied real estate offer, Town Square is one of the best areas to invest in Dubai in 2021. This is due in part to its relatively low prices. Over the years, this community has evolved into a sought-after residential address.
Invest In Town Square: Choose the UNA Residence:
If you aspire to a collaborative urban hub with a connected environment, UNA is for you. This residence is perfect for anyone who wants to celebrate and live in a new era of efficiency and productive urbanism. In fact, no similar project has yet been delivered in this community.
You can invest in it € 103,000. In addition, for this project, notary fees are offered. To learn more about the financing plan, please visit this page.
Investing in Jumeirah Lake Towers means acquiring a property in a community located in the heart of the new Dubai. Much like Dubai Marina, JLT is a well-connected mix of a relaxing seaside community and a popular business hub. The main difference is that these properties are offered at a much lower price.
Jumeirah Lake Towers is a thriving multicultural area, populated by expatriates from all over the world, many of whom are young. Added to this, the community is close to Sheikh Zayed Rd and popular business centers such as Dubai Marina, Media City, and Internet City. In short, JLT is both a thriving business center and a great community to reside in.
Invest in JLT: Choose Golf Views:
Golf Views is part of a 5 star residential and commercial complex This residence offers several types of luxury residential apartments, ranging from studios to three bedrooms fully furnished with luxury finishes. Added to this, each apartment offers an arrangement optimized for your comfort, with a large balcony and a panoramic view.
The starting price for the studios is € 89,999, with net profitability between 8.8 and 9.6%. Consult this page to learn more about the financing plan for this project.
This concludes our selection of the three future and affordable neighborhoods to invest in Dubai in 2021. Jumeirah Village Circle, Town Square, or Jumeirah Lake Towers; these neighborhoods offer different options for investors. These residences offer a strong return on investment, as well as many amenities for families.
Dubai Hills Mall
When it comes to shopping, the Dubai Hills Mall has over 650 restaurants and plenty of shopping areas. In addition, family entertainment options, a cineplex, and a concert hall are planned. Added to this, 20 minutes from the community are Dubai Marina Mall, Dubai Mall, and Oasis Center.
Churches, Temples, And Mosques:
Several churches are present in Al Quoz, just in front of Dubai Hills Estate and separated by Al Khail Road. For example, the Gatekeeper’s Weekday Warehouse and Haley’s Church in Al Quoz. There is also the Casa de Oración Torre Fuerte church, popular among the Spanish ex-pat community, which is located in Al Barsha South.
In addition, Shiva and Krishna temples in Bur Dubai are a 30-minute drive away. You will also find the Sikh Gurudwara and the Sindhi Gurdarbar in the same area. At the same 30 minute distance is the ISO certified Guru Nanak Darbar Sikh Gurudwara in Jebel Ali.
There are also many mosques near Dubai Hills Estate. These include the Al Salam Mosque, the Al Dashiti Mosque, and the Abu Bakr Al Siddiq Mosque. They are all a 10-minute drive away.
Schools and universities:
As Dubai Hills Estate is an ideal community for families, there are many schools nearby along Al Khail Road. For example, 10 minutes away is a branch of GEMS Wellington Academy.
There are also many other schools nearby, in Al Barsha and Barsha South. These include the American School of Creative Science, Kings School, and Dubai Heights Academy
Contact our professionals at (+44) 207 258 6150 or email us at [email protected]
If you want to have more investment opportunities in these neighborhoods or in different segments!
