Where to find One-Bedroom Apartment in Dubai
One-Bedroom Apartment in Dubai are probably the most sought after type of real estate investments. They appeal to investors and buyers alike. If you are looking for One-Bedroom Apartment in Dubai, so you must be ready to jump whenever an opportunity arises.
If you are looking to make an investment with emphasis on fruitful rental returns, then One-Bedroom Apartment in Dubai is perfect option as it will rent out easily and yields higher rental profit. Hence choosing an area that will continue to increase in value depends on what expenditure is going on in that area. It is important to find an area that is not already too expensive. Greenhouse Real Estate suggests five areas in Dubai for you to look at.
This is mainly Emaar territory and home to world-class attractions such as the world’s largest mall and tallest tower. Properties here are much sought after and already quite expensive. On average you would need to invest about Dh2 million to buy a One-Bedroom Apartment in Dubai Downtown, although there are still options as low as Dh1.5m. Emaar is one of the most popular developer for several reasons; it builds quality units, it has come through the downturn relatively unscathed, and it delivers on its projects. Buying One-Bedroom Apartment in Dubai Downtown would ensure that your rental income is fruitful. With several up-coming projects, such as an exclusive opera house and an extension to The Dubai Mall, ensures only good news for the area.
Business Bay is considered lower priced as compared to Downtown, but this location has a chance of good capital appreciation as it starts from a lower base.
Main developer is the Dubai Properties, but the area also has many other private developers. Expect to invest about Dh1.5m as the average – however, One-Bedroom Apartment in Dubai Business Bay can also be found under Dh1m. The area is being groomed as a fashion center with many designers looking to set up base here but its location next to Downtown and having a metro station next to Sheikh Zayed Road ensures that Business Bay will remain sought after among young professionals working in Business Bay or the Downtown/DIFC areas.
Marina/Jumeirah Beach Residence
The Marina is another outstanding area by Emaar, although there are properties by other developers too, making this area a diverse architectural landscape. Jumeirah Beach Residence is a project of Dubai Properties and has “The Walk”, which is probably the Dubai’s most visited spot after the fountains at Mall of Dubai. The JBR and the Marina are major contenders for capital appreciation. The Marina Walk is having a massive development with the addition of “The Beach”. This is a retail heaven with an array of dazzling restaurants, cafes, high-end shopping and a cinema complex. Prices for One-Bedroom Apartment in Dubai JBR depend on the view (community, sea or marina) starting from Dh1.3m-plus. One-bedroom Apartment in Dubai Marina average around Dh1.3m to 1.4m but can be found under Dh1m.
Nakheel is the main developer, The Palm with its 4,000 luxury villas and spacious apartments enjoy beautiful sea views along with amazing facilities such as a range of sophisticated beach clubs – each with gym, swimming pool and restaurant. Proposed developments include The Palm Mall, which should be completed in 2016. This would bring much needed retail and shopping facilities to the area. The Al Sufouh tram will link up with the Palm monorail, which would open up the whole metro system to Palm residents. One-Bedroom shoreline apartments start around Dh1.5m but with newer developments you could easily spend well over Dh2m.
Jumeirah Lake Towers
Jumeirah Lake Towers is a vibrant community offering world class facilities and amenities to its residents and people working here, these include round the clock security, children’s play area, day care centers, and shaded walkways. The area has over 1 million square feet of retail zone hosting more than 180 retail outlets including restaurants, supermarkets, mini marts, spas, gym, bars, pet shops and laundries. Residents who buy or rent property in JLT are truly happy with quality of life and the amenities offered. Investors can easily find One-Bedroom Apartment in Dubai JLT around Dh1m.
JLT is a well-connected community having a metro train station and is accessible from Sheikh Zayed Road and in close proximity to Jebel Ali Free Zone Area and ports making it a convenient location for businesses, and people working and living in this high tech area. JLT is also popular with people working in close by areas like Dubai Internet city, Dubai Media city and Dubai Marina. Hence the properties in JLT rent out quickly and yields higher profit.
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