Answers of Most Popular Questions About Dubai Real Estate!

Ans. Yes, you can buy property in cash anywhere in Dubai, UAE. 

Q. Which Property Is Best To Buy In Dubai?

Ans. The answer to this question depends on your requirement & budget. For example, a small family with a good budget can consider luxury apartments in Dubai Downtown or Dubai Marina. A big family with a good budget can consider a villa or townhouse in Damac Lagoons or Emaar South. 

Q. Can I Buy An Apartment In Dubai And Rent It Out?

Ans. Yes, foreigners can buy an apartment in a designated free-hold area and rent or lease their property. 

Q. Do You Need A Visa To Live In Dubai?

Ans. Yes, if you are a foreigner or ex-pat then you need a visa to live in Dubai.

Q. Which Is The Best Area To Live In Dubai?

Ans. Dubai offers an outstanding quality of life for everyone but it is your choice what you prefer. For example, if you prefer to live in high-rise towers with eye-catching views of Dubai then Downtown & Dubai Marina are the best place for you. But if you prefer to live in the middle of peaceful surroundings with the best amenities then communities like Emaar Arabian Ranches and Damac Lagoons are the best for you. 

Q. Which Is The Best Area To Buy A Flat In Dubai?

Ans. Dubai Downtown, Business Bay, Dubai Marina, Dubai Hills Estate, and Palm Jumeirah are some of the best areas to buy flats in Dubai. Honestly speaking, currently entire Dubai Real Estate Market is in favor of buyers & investors, so almost every area is the best. 

Q. Which Is The Best Place To Buy A Villa In Dubai?

Ans. Damac Lagoons is the best place to buy villas in Dubai. Even though there are many communities in Dubai where you can buy villas in Dubai. But if you are looking for the best water-themed community then Damac Lagoons is the best.  

Ans. As you know that Dubai is well-known for its luxurious life and expensive property price. But there are many regions that are known as the cheapest places to live in Dubai like International City, Liwan, and Discovery Gardens. Let’s explore the average property price in these locations.

AREA	ROI	STUDIO	1 BED	2 BED
International City	9.59%	AED 232, 000	AED 324, 000	AED 676, 000
Liwan	8.05%	AED 370, 000	AED 365, 000	AED 552, 000
Discovery Gardens	9.02%	AED 309, 000	AED 459, 000	NA

Q. Is Business Bay A Good Area To Invest In?

Ans. Yes, Business Bay is considered one of the best areas for real estate investment in Dubai, as the value of apartments in Business Bay has increased and recorded excellent growth rates of 18% in the last two years. 

Q. Can I Pay Rent Monthly In Dubai?

Ans. Yes, you pay your rent on monthly basis or find an apartment with a monthly rent payment plan. 

Q. Does Rent In Dubai Include Bills?

Ans. No, rent in Dubai doesn’t include bills. 

Q. Does Rent In Dubai Include Utilities?

Ans. No, generally rent in Dubai is not include utilities. If you are living on rent or in your own accommodation in Dubai, you have to pay DEWA (Dubai Electricity And Water Authority) regularly. 

Q. Where Do Rich People Live In Dubai?

Ans. Most of the rich people in Dubai live in the 7 most expensive neighborhoods.

1. Palm Jumeirah Island.
2. Emirates Hills
3. Dubai Marina
4. Umm Suqeim 
5. Jumeirah Golf Course
6. Downtown Dubai
7. The Views

Q. How Much Does A Luxury Apartment Cost In Dubai?

Ans. The cost of luxury apartments in Dubai varies from location to location and available amenities. For example

• In the Downtown area cost of a luxury apartment is starting from AED 20 Million to 30 Million with five-star luxury features & amenities. 
• In Business Bay you can buy an apartment with a minimum price of AED 800, 000 to AED 30 Million. 
• In Dubai Marina, the cost of luxury apartments is ranging from AED 15 Million to AED 20 Million. 
• In Palm Jumeriah the cost of luxury apartments starts from AED 1.5 Million to AED 85 Million.