Living in Dubai is the dream of many people, but not everyone can achieve this dream. But you can complete your dream of living in Dubai by renting or buying an apartment in one of the most popular areas in Dubai. The luxurious lifestyle of Dubai attracts dreamers from all around the world.
There are benefits of having an investment in Dubai's real estate, the most popular benefit being its tax system. You do not have to pay any tax when you buy property in Dubai. This applies not only to country citizens but also to foreign investors and outsiders. Tourism is vast in Dubai, which is why there are many business opportunities for newcomers and citizens. By owning a house in Dubai, you can focus on any such business opportunities.
Talking about tourism, you can enjoy an equally distributed lifestyle with work and personal life balance. Choosing the right property should be your priority while renting or buying; Dubai Production City and Business Bay are both great options to look forward to.
Area
Dubai Production City, previously known as the International Media Production Zone, is one of the rapidly redeveloping areas in Dubai. Apartments here have greenery around them, and many significant places are worth visiting. There are many production houses and media platforms situated in this Area.
Location
Dubai Production City is a free zone of Dubai and a freehold area that is home to many media production companies in the whole UAE. The property is located in Me’aisem 1. The Dubai Production City is 43 million square feet near Dubai Production City. The city runs parallel to Shaikh Mohammed Bin Syed Road.
Special Features
The area and ambience of the Dubai Production City are perfect for families. Here, schools and hospitals are near residential areas, which is perfect for a big family. The cost of living in Dubai Production City is lower compared to other popular alternatives. Also, the price of residential property is affordable and will serve as a better investment for investors.
Area
The name defines the area well; Business Bay can be called New York or Dubai, where business tycoons and the most prestigious companies in the world love to have offices. Business Bay is termed the new ‘Modern Business Hub of Dubai,’ and you can see the commercial nature within the residential complexes.
Location
The place is called the financial district of Dubai, now where most of the financial offices are operated. It is located south of Downtown Dubai and Dubai Creek. A total of 280 new buildings will be completed soon, including commercial and residential units. The area is 64 million sq. feet near to the Dubai Creek.
Special Features
The Business Bay is perfect for people who are looking for an apartment near the commercial units. Here, you can manage your business while staying near your home. In upcoming years, Business Bay will be transformed into a complete commercial hub, and residential properties will take a lot of work to acquire.
Pros
The first bid opportunity for buyers and investors is the price range. Apartments in Dubai Production City are huge. Plus, the place is super family-friendly and is suitable for every age group. Greenery is visible in most of the residential areas in Dubai Production City in the form of lavish gardens.
Cons
One of the major drawbacks of buying an apartment in Dubai Production City is the cost of living. The cost of living for families is relatively high here. In addition, you may be paying monthly instalments too. The second major drawback is the traffic, as most of the people here use private means of transport traffic is shared here.
Pros
The rent here is low compared to the other significant parts of Dubai; also, with the proper rental contract, you can save 20-30% of the budget easily while living in Dubai Production City. Flexible rental plans are available from property dealers in Dubai Production City, especially for families. It’s better to rent the property if you are living here for the short term.
Cons
One of the significant drawbacks people face while renting a property is the issue of needing ownership. In some apartment buildings, you do not have complete freedom on the property if you are not the owner. Here, paying rent on time is thoroughly followed, which is why missing a rent instalment can be hectic for you.
Pros
Buying property in Business Bay gives you the dual benefit of owning an apartment and being close to the most reputed commercial areas. If you are a freelancer or work from home, then an office apartment in Business Bay will be best for you as it will help you connect with other businesses from your home.
Cons
Too much crowd; yes, Business Bay attracts too many people here. There is less space in this city to live in because of its dual nature. Constant noise is another drawback that you will face if your apartment is below ten floors. Noise and pollution-free apartments are above the range and get expensive with facilities.
Pros
Buying a house here in Business Bay will be expensive, and for newcomers, it will even be out of budget for families. That is why the rental property will be beneficial. You can move around Dubai quickly if you are living on rent here because of short contracts on rental properties. Lastly, you do not have to pay maintenance of the building as the owner does.
Cons
An owner in Business Bay can customize his home to make it an office home, but it is too harsh for a person who lives on rent in Business Bay for the same, as owners need to allow it more easily. Renting an office apartment will be out of budget because such apartments have double the rent compared to a standard apartment.
Samana Resorts
Offering luxury apartments with the best hospitality services, Samana Developers recently launched Samana Resorts at Dubai Production City. With this residential project, you can give your family a better and more modern life while residing in one of Dubai's most desirable areas.
One of the most intriguing communities in the centre of Dubai, it offers all the first-rate conveniences needed for people to live fulfilling lives.
The greatest location benefits are also enjoyed by Samana Resorts in Dubai Production City. Its proximity to the city's most popular destinations and important landmarks offers a cosmopolitan lifestyle. However, this development is situated in a quiet area with family-friendly surroundings and easy access to everyday necessities via foot.
Lago Vista
Modern studio, one, and two-bedroom apartments with balconies can be found in Lago Vista. With views of the lake, it is a three-tower building. Additionally, it is laid out on a crescent-shaped podium that houses several shared amenities. This luxurious property allows people to live well-fed lives by combining all of the contemporary amenities into one unit.
This community offers amenities that are not available elsewhere. Every amenity has been designed with the needs of all users, including the elderly and children, in mind.
You can easily find all of the city's top attractions right outside your door. For residents of Lago Vista, the closest airport is Dubai International Airport. The commute to the airport takes the locals close to twenty-four minutes.
Deyaar Midtown
Midtown is unique for many reasons, one of which is its location. This residential address in Dubai Production City is sure to draw in a diverse clientele. Midtown's residents will be treated to breathtaking views of the Jumeirah Golf Estates and the Dubai skyline. Since its founding in 2002, Deyaar has expanded rapidly, ranking among the top real estate development firms in the area during the last ten years.
Midtown extends a warm welcome to a distinctive way of life. This iconic Deyaar township features a residential complex with a variety of well-considered amenities, such as:
Sheikh Mohammed Bin Zayed Road connects the development's well-connected road networks with ease. It permits easy access to several essential points of interest.
Binghatti Trillionaire Residences
This new housing project by Trillionaire Residences By Binghatti is expected to be completed soon, and the apartments' final design will meet international standards. Bookings for the 1 and 2-bed apartments at Trillionaire Residences in Dubai are now being accepted, with special offers for investors and buyers. The fact that Binghatti is constructing something in Business Bay (Dubai) with a canal view theme is amazing.
Choosing a Trillionaire Residence from Binghatti means choosing a smooth, opulent lifestyle. Trillionaire Residences in Dubai will provide a range of facilities that you can enjoy with loved ones.
Due to its thriving communities, Dubai has become a more sought-after destination for affluent real estate. Other popular locations are easily reached in a matter of minutes. Everyone can live a world-class lifestyle in this stunning desert city.
Bugatti Residences
Inspired by the iconic Bugatti hypersports car, Binghatti Developers' latest luxury residential project is called Bugatti Residences. It looks like state-of-the-art design and cutting-edge technology that almost stopped you in your tracks. It is very prestigious to have an address like this, and the masterpiece is right in front of you.
This is the perfect place for you to explore the world of recreation because everything at Bugatti Residences has been thoughtfully designed with a purpose. In addition to having an abundance of cutting-edge amenities, the development offers its residents a festive atmosphere that makes living there more enjoyable.
Well-located in Business Bay, it provides access to numerous vital locations. Additionally, the surrounding areas are teeming with social amenities, making it simple to get to the locations that are only a short drive away.
Partner Danube Bayz 101 is located in the centre of Business Bay, in the thick of things. Danube has consistently constructed wealthy homes, which is a better and finer project in the real estate industry. Some of the most magnificent luxury homes you have ever seen in Dubai have been skillfully constructed by them. The flats here are fully furnished and suitable for tranquil living, with views of the surrounding greenery and futuristic lifestyle.
The facilities, which are offered in keeping with the design of Bayz 101, are genuinely exceptional and one-of-a-kind, and residents can enjoy them with friends and family.
This community is strategically located, only a short distance from Dubai's other major attractions. With the Dubai Metro and the main highways conveniently located, the locals can enjoy a significant and advantageous advantage.
Both are in Dubai and have their unique positives. Buyers or investors can easily invest according to their needs. For buying property in Dubai, firstly, you need to understand what are your requirements for property.
If you are looking for property near the Bay Area with the commercial nature of the locality, then Business Bay is perfect for you. If you are looking for a family-friendly neighbourhood with better amenities, then Dubai Production City is the right place for you. Both of these areas are part of redevelopment in Dubai, where all properties will be enhanced with time.
Right now is the time to buy property here because, shortly, the prices will increase by 70% every year. This will allow investors to get better returns in the future, and there will be good rental returns, too. To buy property in these two areas, look for a good broker who will find the right property for you.
Get in touch with Dubai Housing today!
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