Thursday 22 March 2012

Which Location is Suitable for Investment in Dubai Real Estate


All of the many freehold developments under construction or finished on the Dubai property market are spread out across the city, and it is important to buy a property that will benefit from location. There are a number of projects in key locations; for buyers who want to live away from the rush of city life, and buyers that want to be in the middle of the city. Some investor's want a bit of both, easy access to the city but outside the chaos and you can easily find a property that fits into your individual criteria.

Massive projects like Business Bay and Downtown Dubai are located next to Sheikh Zayed Road, in the middle of Dubai. The developments are aimed at bringing a modern, luxury lifestyle to buyers, with the convenience of already being in the city. Any Dubai resident will tell you about the horrors of traffic, and for the many people that work on Sheikh Zayed Road in the business district; this is such a great spot to live so you don't have to queue for hours at the beginning and end of your day. Prices are quite steep, but Dubai properties on the other side of the city are available at Dubai Festival City, which is a bit less commercial but just as convenient.

The idea of living away from the hectic city is very appealing to some property buyers, particularly with families. Villa developments are all outside the main city, and now several apartment projects are moving outwards for buyers that want to pay less for a Dubai accommodation. International City is very popular for buyers on a more modest budget, and access to the city is still reasonable. For homebuyers, the Emirates Living Community includes The Meadows, The Springs, The Lakes and Emirates Hills in peaceful surroundings and quiet streets, with easy access to the city just down the road. Many more projects are set to be built further out, and within a few years, all the amenities of the city will be available to property buyers that may seem to be far away.

If you want to be in the midst of a busy community, but not in the middle of the city, then new Dubai might be for you. This is an area where a lot of Dubai rental property is appearing, and has created a new and vibrant part to this growing city. Dubai Marina, surrounding developments, Al Barsha and Palm Jumierah are the key hotspots for buying a renting property these days, and with easy access to the city, are becoming increasing popular with buyers. Hotels and the beaches are only a few minutes, not to mention great shopping, so if you are considering buying a property, then be sure to look here.

No comments:

Post a Comment