Thursday 4 September 2014

Dubai's top locations for buying property

Dubai's Real Estate market has significantly recovered and property prices have grown since 2013, even in 2014 the price is up by 20%, as per property market experts. While Dubai Marina and Palm Jumeirah are at the top of the buyers list, there are other areas that are gaining popularity.
Most popular areas in Dubai for buying property:
Dubai Marina: This vibrant waterfront community has topped the list for last 2 years. Dubai Marina's free spirited atmosphere, luxurious apartments and the world's largest marina and the world class facilities make it the first choice among expatriates. 

Palm Jumeirah: This true marvel of engineering has been able to retain its place as a preferred destination for home buyers and investors. This man-made Island has been in the spotlight globally for its uniqueness and the luxury it offers to its residents.

Downtown Dubai: Has been a favorite for home buyers and investors and continues to be among the top locations in Dubai. Downtown Dubai is considered to be the most visited destination for its world class assets like the world's tallest building, the Dubai Mall, Dubai fountain and the vibrancy this "new heart of the city" has to offer.

Jumeirah lake Towers: Continues to hold its spot as a preferred area to buy for people who prefer its strategic location and proximity to other important areas in Dubai. Jumeirah lake towers has superior connectivity with Dubai Metro.

Dubailand: Has slowly been able to step the ladder of popularity and has become an area to consider for buyers who are not looking at elite facilities. Home to the famous Global Village, Miracle Garden Dubailand is expected to become a regional and international tourism hub in the coming years.

Jumeirah Village Circle: This development has gained popularity among those who want to live in a community which offers generous living spaces at an affordable budget. The area still under development enjoys a strategic location and is well connected with other important areas of Dubai.

Arabian Ranches: Dubai's most popular villa community offering Arabic, Spanish, Portuguese and Moroccan styled villas, this quiet and peaceful community is well connected with the city and residents enjoy the modern lifestyle of this Desert paradise.

Dubai Sports City: The affordable community is fast becoming popular for the price difference when compared to other hot spots. Dubai sports city has a lot to offer to live a good life. Conceptualized as a city within a city, this project is envisioned to become the world's premier sporting destination. Dubai sports city also offers schools, medical facilities, hotels and community centers.

Jumeirah Beach Residence: While the apartment prices are still less than Palm Jumeirah and Downtown Dubai, JBR has all the charm to attract buyers and investors. This prime waterfront community offers up market apartments with spectacular views of the sea. JBR is home to the walk , Dubai's most happening outdoor destination offering exclusive shopping, dining and entertainment options. 

Business Bay: is rapidly gaining momentum to become the Business Hub of the Middle East, with most of the projects now completed Business Bay is all set to compete with New York's Manhattan and Ginza district of Tokyo. 




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