Abu Dhabi and Dubai are known as a hub for property investments. Here, you can find both options to rent and buy in some of the best areas. Read this blog to know more.
Are you looking for an amazing location to search for properties in dubai for rent or thinking of any property to buy in abu dhabi? As the real market industry is quite hot in UAE, you will get ample options to choose from one of the best choices in terms of locality, amenities, environment, and lots more. As people have different expectations in terms of looking for properties in dubai for rent or sale, they always want to pick the best as per their requirements to get the best value out of it.
Best Areas to Find Properties for Sale and Rent
Looking for Property to Buy or Rent in Dubai and Abu Dhabi? Here are some of the best areas you should prefer:
1. Business Bay
The Business Bay is a prime location in Dubai and the perfect place for properties in dubai for rent if you are a working professional. Whether you are an entrepreneur or work in a company, this location situated in the heart of the city will offer you everything you need in terms of an ideal residency option. Some of the projects which you should consider for buying property are Executive Towers, Merano Tower, Capital Bay, etc. In this locality, you can easily find a range of options, from studio apartments and flats to villas, to live a lavish life.
2. Downtown Dubai
It is another perfect hotspot to be looked for if you are planning properties in dubai for rent. It offers an amazing lifestyle and living along with extravagant views of the iconic Burj khalifa and the beautiful skyline of Dubai. It is the best locality as you will get access to malls, schools, and hospitals, all situated nearby to residential areas. Here also, you can get options like 2,3,4 BHK flats and top-floor penthouses.
3. Palm Jumeirah
It is the best location if you want spacious and large apartments and villa properties in dubai for rent. Situated a little off from the chaos of the city, it is a perfect destination for those who love an environment with great sea views. Palm Jumeirah, in general, is a man-made palm that features apartments, villas, houses, and mid-rise buildings developed while considering modern amenities and design.
4. Yas Island
Are you looking for a property to buy in Abu Dhabi? Yas Island is a perfect destination that will give you breathtaking views along with all the modern and lavish amenities any homeowner might crave for. Here, you can buy a range of freehold properties like Flats and Villas, all at quite better prices. Some of the best attractions on Yas Island are Ferrari World, Yas Bay, Yas Marina Circuit, etc.
5. Saadiyat Island
This is another amazing destination for property to buy in Abu Dhabi as it features lavish apartments, golf courses, homes with modern amenities and lots more. It is situated near the amazing coastline of the ocean, offering you a great environment to live a lavish life.
6. Al Reem Island
Al Reem Island features contemporary penthouses and apartments, which you can consider if you are looking for property to buy in Abu Dhabi. It is one of the best choices when it comes to investment, with a great appreciation of property and value for money in terms of modern living. In order to secure a studio in Al Reem Island, a minimum investment of AED 563k is imperative. Equally, if you opt for a 1 or 2-bedroom apartment, the average purchase price escalates to AED 807k and AED 1.2M, respectively. As for the more spacious 3-bedroom flats available for sale in Al Reem Island, they boast an average price of AED 1.9M. With a promising ROI of 6.52%, substantial long-term profits are within your grasp.
7. Al Raha Beach
Al Raha Beach is another best spot for investment when it comes to consideration related to the property to buy in Abu Dhabi. It not only offers you a great return on investment but will give you a mix of great living and amenities in the form of luxury flats, villas, penthouses, and lots more. With an enticing return on investment of 6.6%, the allure of Al Raha Beach’s apartments captivates investors. The average investment needed for a studio flat ranges around AED 945k, while the prices might rise to AED 1.3M and AED 1.6M for a 1 and 2-bedroom flat, respectively. Similarly, a 3-bedroom apartment in Al Raha Beach commands an average selling price of AED 2.5M.
Do you love this list of best locations in Dubai and Abu Dhabi where you can look to buy or rent a property? So why not choose the perfect destination and book your new home?