The best areas to buy profitable off-plan real estate. Since there are freehold zones in Dubai, foreign investors and end users can choose high-quality projects in the emirate. Off-plan real estate in Dubai is in great demand. The Emirate government has developed transparent rules and regulations to protect the rights of buyers from fraudsters and unscrupulous developers. Therefore, purchasing off-plan properties in the emirate is not only a profitable but also a safe investment.
One of the main difficulties for buyers is the choice of off-plan projects in Dubai. To help them narrow down their search, specialists from AX Capital, a leading luxury real estate agency in Dubai, the UAE, has compiled a list of the most promising communities with off-plan apartments, villas, and townhouses.
AKOYA Oxygen
The AKOYA Oxygen community, developed by DAMAC Properties, a developer well-known in the Middle Eastern real estate market, is the most popular location to buy off-plan real estate. A self-sufficient area with its own well-thought-out transport network and amenities is ideal for potential buyers seeking a high quality of life at a reasonable price.
One of the main features of AKOYA Oxygen is its environmental friendliness. Residents of the luxury complex can enjoy the green landscapes at any time, which give a feeling of remoteness from the skyscrapers, noise and crowds in the central part of the city. Local villas are built with energy-efficient materials and technologies to reduce carbon dioxide emissions.
Jumeirah Village Circle (JVC) with property for sale in Dubai
In just a few years, JVC has become one of the most sought-after places in the city thanks to affordable prices and up-to-date amenities. In the near future, the community will have a shopping center Circle Mall with branded shops, restaurants, cafés, a rooftop club, a cinema, and other recreation and entertainment venues.
The community, built as a "city within a city", is one of the best places to buy apartments in off-plan residential complexes. In addition to a wide range of common amenities, potential buyers will be able to access additional benefits depending on the residential units they choose, such as
- servants' quarters;
- dressing rooms;
- swimming pools;
- round-the-clock security;
- playgrounds;
- recreation areas.
Dubailand
The Dubailand project ranks third in the best communities in the emirate for buying off-plan real estate. The brainchild of the famous developer Dubai Holding boasts six zones of the perfect combination of residential and entertainment units. Residents of the community can visit the IMG Worlds Of Adventure theme park and the Dubai Miracle Garden flower Garden, and after the district is put into operation, there will be many more interesting attractions.
The area of the district exceeds 275,000 m2. The range of local off-plan properties consists of apartments, villas, and commercial premises. Dubai's numerous schools, restaurants, hospitals and amusement parks make the emirate a great choice for families with children.
Dubai South and apartments for sale in Dubai
Dubai South is one of the most ambitious off-plan communities in the emirate. That is why the organizers of Expo 2020 chose it as a venue for the world-famous exhibition. The district is divided into 6 sub-communities that surround the new Al Maktoum International Airport.
The community offers a wide range of off-plan commercial premises and modern apartments, ideal for investors who want to make profitable investments. Since South Dubai is one of the venues of Expo 2020, the purchase of a local property will pay off in the near future. Also, the profitability of real estate in this area is affected by:
- large selection of amenities;
- developed infrastructure;
- the Route 2020 metro line with access to other parts of the city.
Downtown Dubai
Downtown Dubai is one of the most iconic areas of the city. It has long attracted the attention of investors with luxury apartments with spectacular views of the Burj Khalifa and a musical fountain.
The community offers a wide range of residential off-plan skyscrapers with premium studios and apartments. Its strategic location, developed social infrastructure, and a huge selection of leisure centers attract investors and end users from all over the world.
Dubai Hills Estate and a broad range of flats in Dubai
The elegant Dubai Hills Estate complex from one of the most reliable Emirati developers, Emaar Properties, is a carefully designed community located in the famous MBR City area. The key feature of this location is an impressive 2.7 thousand-acre golf course.
The main advantage of the community is, despite its central location, a quiet and secluded atmosphere. In addition, potential buyers and tenants like the fact that Dubai Hills Estate has various opportunities for quality recreation and such important infrastructure as schools, playgrounds, and hospitals. That is why local off-plan villas are in demand among families with children.
Business Bay
Business Bay, located in the heart of Dubai, is the epitome of urban lifestyle and business activity. It is popular with professionals who want to achieve success in moving up the career ladder, and entrepreneurs seeking to build their own business. Because of the dynamic and lively atmosphere in the community, it is often compared to New York or London.
Studios and apartments in the Business Bay off-plan skyscrapers attract various buyers, from single professionals to families with children. Some buildings are located opposite the Dubai Canal, offering magnificent views of the waterfront.
Mohammed Bin Rashid City (MBR City)
MBR City offers an impressive selection of luxury apartments and upscale villas. The district is positioned as the "new center of Dubai" due to its state-of-the-art architecture and high-quality residential properties, as well as shopping and recreational centers that meet international standards.
Apartments are the most popular local off-plan property. Some of the best Emirati developers, such as Emaar, Meydan, Sobha, and Azizi, are engaged in the construction of apartment complexes in MBR City.
Palm Jumeirah and off-plan properties for sale in Dubai
The Palm Jumeirah is the second lowest in the ranking of the best communities in the emirate for buying an off-plan property. The artificial island, called a man-made paradise and the eighth wonder of the world, offers luxury off-plan real estate on the seashore.
Local villas and apartments are in demand among investors, as the Palm Jumeirah is one of the most sought-after tourist attractions in Dubai. The island offers a wide range of restaurants, bars, clubs, hotels, amusement parks, and other recreational areas.
Arabian Ranches 3
The premium community of Arabian Ranches 3 attracts buyers of off-plan real estate with its family lifestyle and exclusive amenities. It is connected to the rest of the city by the Emirates Road motorway. The main advantages of the area are green landscapes, modern houses, and plenty of outdoor entertainment.
Arabian Ranches 3 offers off-plan villas for sale in Dubai and townhouses. Residential units in the Ruba complex enjoy special attention from investors. The project consists of elite houses with 3 and 4 bedrooms.
Assistance in buying real estate in Dubai
The Ax Capital catalog contains a variety of off-plan property and ready-to-move-in housing in the emirate. Check with the highly qualified specialists of AX Capital, the leading real estate agency in Dubai, to get help in choosing the right housing, support at all stages of the transaction and high-quality after-sales service.
