Apartments for Sale in Dubai

Swimming pools and recreation areas equipped with whatever it needs; Access to a private beach along the coast of the Persian Gulf; Modern gyms; Salons and lounge rooms; Shops and restaurants; All hours on call concierge service; And much more in the benefits. The services depend on the location and master plan of the apartment.

Buying freehold apartments in Dubai, for example, used to be not easy for foreigners, now is easy as Dubai has many such areas for expats, where, on the basis of one law, they may have full ownership rights on a par with UAE citizens. Sales of property in Dubai were up 60% to as many as 68,500 transactions worth AED 184 billion (USD 50.1 billion) since the beginning of the year - or 77% more than last year. Most of the deals closed are on apartments.

Cost of apartments in Dubai, UAE Apartments in Dubai vary in prices according to many parameters, such as the floor area, location, amenities, etc. Off-plan apartments in Dubai typically have an average price of around AED 18,950 per square metre. Completed properties average around AED 11,450 per square metre.

In the third quarter of 2022, an apartment in The Royal Atlantis was sold for AED 163 million, which is equivalent to USD 44.4 million, holding the record for the most expensive property sold ever in the entire history of the Dubai real estate market. More importantly, prices of luxurious apartments sometimes exceed those for lavish villas. The most valuable properties usually are in the luxury community Palm Jumeirah. Some of those properties are under the following projects:

Royal Atlantis;
Six Senses;
One;
Ava.

If you still decide to invest in the apartments in Dubai near the coast, then Palm Jumeirah is one of the best choices. Luxury business project, the best one among the top five, is Dorchester Collection in Business Bay. Where can the apartments be chosen to enjoy a view of the Persian Gulf and the Burj Al Arab? In the district of Umm Suqeim 3.

Life in Dubai

The city is an exciting modern megalopolis which is extremely friendly to foreigners. Most of its population is made up of nationals from other countries. In Dubai, the traditional Arabian culture melts into access to landmarks that cannot be found elsewhere in the world; such landmarks include the iconic Burj Khalifa skyscraper, the man-made Palm Jumeirah archipelago, and the planet's largest Dubai Mall. In the infrastructure of the megalopolis, needs are taken into account for different groups, and a local mode of living is as comfortable for retirees as for young professionals and families with children.

Apartments to invest in Dubai

Dubai offers high-yield apartments, where an investor can be sure not to lose money. House prices in the city are rising constantly; for instance, the average growth reached 11.9% over the first three quarters of this year only, and some of the luxurious areas, such as Palm Jumeirah, grew more than 100% since the beginning of the pandemic. The observed high growth rates are not uniform because it is the nature of real estate market development in cycles. The ready and off-plan apartments for sale in Dubai, UAE are in high demand in the following districts:

Business Bay Dubai Marina Downtown Dubai Jumeirah Village Circle Dubai Hills, Sur La Mer, International City, and other communities also witness strong demand.

A buy-to-rent property in Dubai's popular districts will yield 5 – 8% on average per annum, and a short lease can earn 11 – 13%.

Buy an apartment in Dubai with LotusBella If you intend to buy buy-to-live or buy-to-rent apartments in the UAE, you will need the intervention of highly experienced team members in this exercise from the best real estate agency in Dubai. You can see live listings. Please fill in your request on our website and we will provide you with detailed information, high-quality property, full documentation of a deal, as well as after-sale service. Purchasing a house in Dubai is fast, smooth, and secure with us.