Dubai is a city of many neighbourhoods. There are several different areas that offer a variety of opportunities for investment, and some are more lucrative than others. As a potential investor, you’ll want to determine which area will offer the best returns on your money. Below we’ve listed the top 5 excellent locations in Dubai that are ripe for investment:
Downtown Dubai
Downtown Dubai is the oldest and most historic area of Dubai. It is also densely populated, multicultural, diverse, developed and has a rich history. Downtown Dubai is home to many skyscrapers that rise up into the sky like giant towers reaching toward the heavens. The tallest building in this area is Burj Khalifa which stands at 828 meters tall and draws many thousands of visitors each year.
Downtown Dubai is the ideal community for high investments returns. There are a wide range of different residences in Downtown Dubai, from low-rise villas & smart townhouses to awe-inspiring residential towers. The area has well-developed infrastructure for both travel and amenities, being within minutes of main attractions and easy access to other popular areas of the city.
Business Bay
Business Bay is one of the best area to invest in Dubai for several reasons. The first reason is that it’s close to major highways and Dubai Metro stations, so getting around will be easy for you as well as your employees. It also has a lot of new developments, which means it’s growing fast and becoming more popular than ever before. Some big companies have already moved their headquarters there too, like Jumeirah Group Real Estate Development LLC (Jumeirah) and Emaar Properties PJSC (Emaar).
The name “Business Bay” comes from its reputation as the financial hub of Dubai; many banks have offices here including HSBC Holdings PLC (HSBC), Standard Chartered PLC (Standard Chartered) and Bank Audi LBC SAE
Jumeirah Village Triangle (JVT)
Jumeirah Village Triangle (JVT) is a residential area in Dubai, UAE. Known as one of the most family-centric areas in Dubai, this secure gated community is located in the north of the city, near Jumeirah Beach Residence (JBR) and the Dubai Marina.
The area has a tranquil and relaxed vibe, with excellent educational facilities and a wide range of activities designed to be fun for all ages. Since its inception, JVT has also become home to a collection of high-class hotels and restaurants, such as The Ritz-Carlton Hotel Dubai at Palm Jumeirah and Nobu Hotel & Restaurant.
Arjan
Arjan is a fast-growing new district within Dubailand, situated on the outskirts of Dubai. First launched in 2006, Arjan is comprised of residential complexes, retail outlets and commercial buildings. The neighbourhood benefits from having two excellent parks; Dubai Miracle Garden & Dubai Butterfly Garden, the most visited parks in the city.
Arjan sits near many prime areas and still has plenty of space; many off-plan developments in Dubai are designed with beautifully landscaped surroundings to make the most of this fact. Close to many attractions but set apart, Arjan offers residents the ultimate combination of action and relaxation.
Arjan’s proximity to Sheikh Zayed Road brings a seamless connection to the wider city, while a wide variety of businesses, eateries and entertainment venues are right on its doorstep.
Dubai South
Dubai South is a large area of land that has been set aside for development. It’s located south of Dubai, in the direction of Abu Dhabi. The area is home to several residential neighbourhoods and commercial districts, as well as several venues for entertainment and recreation.
There are many reasons why you might want to invest in Dubai South. Its location makes it easy for investors who live in or near Dubai to access properties there without having to travel far. There are many development plans underway in this area, which means that rental prices will likely increase over time as demand increases from people who want to live there but cannot afford their own homes yet because they are still building them (and thus increasing supply).
Conclusion
With so many options available, it can be difficult to decide which area is best for you. If you’re looking for a place that is close to work but still has plenty of amenities nearby, then Downtown Dubai may be the right choice.
Business Bay offers great opportunities for investors looking for long-term returns on their property investments while Jumeirah Village Triangle provides an excellent location close by many attractions such as Mall of the Emirates or Dubai Creek Park.
If you want something peaceful while still being close enough to get around town quickly then we recommend checking out Dubai South; this area offers plenty of greenery within its borders which makes it perfect if you are a nature lover.
Finally if all else fails just remember one thing: invest wisely!
