Dubai is more than just a city.
A conglomerate of varied cultures in a fast-paced superlative-craving society always exploring opportunities that go beyond imagination. This is Dubai in the making, writing its own narrative in a world that’s constantly whipped by competition, but always emerging indefatigable and magnificent in its stride. It’s this very verve that propelled Dubai to be on the charts of tourism, business and finance.
Dubai provides an array of rich investment opportunities especially in real estate. Home to about 200 different nationalities and host to one of the most-visited airports in the world, the demand for buying, selling and renting properties is always on the rise, one of the primary reasons why Dubai has attracted billions in just real estate investments alone.
So it goes without a doubt, that the returns on real estate investments are never disappointing in Dubai, when this Emirate is constantly striving and aspiring to deliver the finest in infrastructure, transport and communication, keeping its investors, citizens and expatriates close.
Dubai is Great to do Business
Dubai ranks 21 according to the Ease of Doing Business 2018 report by the World Bank Group http://www.doingbusiness.org/data/exploreeconomies/united-arab-emirates; attracting an array of international investments in an Emirate that is fearless of embracing a futuristic society. Certainly, such admirable traits place Dubai on the real estate map.
Lucrative Investment Opportunities in Dubai.
The Government and the banks in Dubai collaborate to deliver affordable and flexible payment plans to own houses. Such smart solutions help an investor, supporting their investment aspirations and widening the possibilities to invest more.
In the first half of 2017, The real estate performance indicators revealed a value of AED132 billion in real estate transactions, a growth of 17% , compared to AED113 billion in the same period in 2016.
Dubai Hosting Expo 2020
According to a report by Bloomberg, the benchmark stock index jumped by 40% when Dubai won the privilege to host Expo 2020, yet another high-gloss attraction that will push the need for real estate, higher, to accommodate international businesses here.
It’s all about Location in Dubai
According to property finder.ae the real estate trends for 2018 remain set on the advantage of location; there is a profound increase in demand for properties in the developed parts of the city. For this reason rents are priciest in areas that lie close to DIFC and Downtown Dubai according to this survey http://gulfnews.com/business/property/revealed-where-rents-are-cheapest-priciest-in-dubai-1.2143505.
Business Bay in Downtown Dubai - an investor’s dream
Lonely Planet, one of the largest travel guide book publishers ranked Business Bay in Dubai as the fifth coolest residential and tourist destination in the world.
A haven for investments and various business establishments, thanks to its ideal location between Al Khail road and Sheikh Zayed Road, Business Bay is home to more than 240 residential and commercial properties.
Just about minutes away from DIFC and Downtown Dubai, Business Bay is a great location – an investor’s dream- primarily, because of steady rental yields. It also enjoys the advantage of being close to Dubai Canal, connecting the city to the Arabian Gulf.
Stable Rental Yields
Now, that the 2018 Dubai Rental Index has gone live, it is proof why the rental yields here are better https://famproperties.com/dubai-property-rental-increase. On that note, http://www.arabianbusiness.com/news/386830-so-what-will-happen-to-dubais-real-estate-market-in-2018 it is only wise to agree with Alexander von Sayn-Wittgenstein, luxury sales director, Luxhabitat who opines “For buyers in 2018, check the developer's reputation and take location and completion dates into consideration while negotiating price. As for sellers, the prices are expected to flatten further so don't be in a hurry to sell your property just yet. Renting it would be a good option instead."
Now would be a good time to buy a property in Business Bay and rent it out and that’s your real estate investment sorted for the year.
As part of Dar Al Arkan's commitment, to provide the best investment opportunities for its customers, the company has announced its global operations. The leading real estate developer from KSA has chosen Dubai as the starting point for the development of AED 800 million residential tower directly on the Dubai Canal in Business Bay.
I Love Florence Tower with Interiors by Roberto Cavalli, on the Dubai Canal.
For the first time on the Dubai Canal in Business Bay, a magnificent tower is being developed by Dar Al Arkan. Known as I Love Florence Tower, this tower is the reason why Dubai is getting a branded residence for the first time.
Reaching 38 storeys presenting unparalleled views of Dubai’s most dynamic areas, the interiors of this splendid tower are designed by Roberto Cavalli; inspired by his heritage and love for Florence, embodying elements of fashion and art.
Choose your Roberto Cavalli home among one, two, three and four bedroom apartments at the distinguished I Love Florence Towers, with interiors by Roberto Cavalli, developed by the largest property developer from Saudi Arabia, Dar Al Arkan.
Did you know?
- Dar Al Arkan has so far handed over approximately 15,000 residential units across Saudi Arabia
- Our commercial space spans over 500,000 square meters