Buying an Apartment in Dubai
Owning an apartment in a cosmopolis like Dubai is the dream of many who come here. Establishing a home that is their own in the place that feels most like home is something that anyone who has lived here for long or is planning to would want. Fortunately for potential investors, there are plenty of avenues for them to explore and pick their dream home. Apartments are perfect for those who want to live a fast-paced, urban lifestyle in the city in a cozy home they can call their own.
Popular freehold apartment communities for expatriates include Palm Jumeirah, Downtown Dubai and Dubai Marina, known mostly for high-end and luxurious properties that boast opulent features and fittings. More affordable but equally well-made options are available in areas like International City, JVC, Liwan and Dubailand.
The year of 2021 has seen a significant jump in apartment sales in Dubai as evidenced by the 64% increase in apartment sales at Betterhomes. This growth shows the rise in the number of people looking to build a permanent base in one of the fastest developing cities in the world, cementing its position as an ideal market.
These are some of the designated freehold areas where expatriate residents and foreigners can invest in land and purchase property. Areas exclusive for citizens and GCC nationals are not open to foreigners for investment.
Apartment communities in Dubai come with all essential services and amenities such as gyms, swimming pools, convenience stores, pharmacies, parks and open spaces. They are generally located near bustling social and retail centres so that residents can maintain a balanced lifestyle with work and play.
No matter what your preferences are, a variety of apartment types including studios, duplexes and flats with single or multiple bedrooms, as well as furnished, semi-furnished and unfurnished apartments are available to choose from.