The Emirates has always been an excellent destination for property investors because of the numerous advantages. Since 2002, foreign investors have identified the nation as the perfect place to earn more returns on their investment. According to the First Group, 69,000 real estate investments were made in Dubai in 2017 alone. Interestingly, these deals were altogether worth AED 285 billion. This is an increase considering that the transactions were worth AED 259 billion in the previous year. This upward trend is set to continue in the coming years, and that is why you should not miss out. In this article, you will learn all you need to know about the best locations to invest in the UAE.

Best Places to Invest in the UAE

When it comes to real estate investment, putting your money in the right place is very crucial. Based on research and experience, we recommend the following places to you for property investment in the UAE:

Dubai Marina

Dubai Marina is the favorite location of many investors for many reasons. Its breathtaking towers and decorated grounds make it aesthetically impressive. Besides, visitors on short trips often relax with its nice water views. Hence, it is not shocking to find out that it is ranked as one of the most searched areas for properties. This location is a thriving business center due to its proximity to business offices in Dubai Internet City and Dubai Media City. Hence, many business people often find it attractive. Living there enables them to go to their workplace conveniently. Its popular neighborhood is the home of Dubai Marina Walk and offers many community amenities.

Business Bay

Business Bay is full of stylish apartment buildings and is one of the most common tourist destinations in the Emirates. It is a financial district that also serves as the home of Dubai Water Canal, which has cycling and jogging tracks. Its imperious mechanical fall also adds to its appealing outlook. Moreover, Business Bay’s mid-priced stores and smart waterside restaurants ensure that there is more than enough to engage visitors.

Downtown Dubai

Downtown Dubai’s landmarks are world-renowned primarily because this is the location of the world’s tallest tower. Besides, it is also the location of the largest mall in the world.  Hence, it is not surprising that many tourists flood to this destination every year. Thus, investing in a residential property here guarantees consistent and worthwhile return via rent.  

Barsha Heights

Barsha Heights, opened in 2018, is famous for being the hub of both residential and corporate buildings. This is the home of multinational companies such as CNBC, HP, Microsoft, BBC World, and Reuters. Barsha Heights is full of high-rise apartment blocks and mid-priced hotels. It also has exciting dining options like Thai, East Asian, and Lebanese restaurants. Hence, may visitors often troop to this location every year, which makes it a viable investment location for potential investors.

Dubai Sports City

Dubai Sports City offers a mix of retail, residential, and recreational facilities. It also features golf, football, swimming, cricket, and rugby academies, among others. The residential areas consist of villas, townhouses, and mid-rise apartments. The three distinct residential areas in Dubai Sports City are Victory Heights, Canal Residence, and Gallery Villas. This location continues to attract investors, and things will only get better in the coming years. Hence, real estate investment in Dubai Sports City makes perfect sense.

Jumeirah Village Circle

Jumeirah Village Circle is one of the fastest-growing locations in the capital city. It is a short drive from Dubai’s major business attractions. Besides, it is just 25 minutes away from Al Maktoum International Airport. This location is at the heart of new Dubai. Hence, this is the place to invest if you want to enjoy a luxurious lifestyle in a calm setting. Despite its over 2000 luxurious villas, it offers unbelievable tranquility to its residents. Hence, this is one of the most family-centric locations in the capital city.

Al Qudra Road

If you want to stay away from the hustle and bustle of city life in Dubai, Al Quadra Road is the place for you. Its competitive real estate prices make it a natural choice for many investors. Being the home of the famous Al Quadra Lake makes it an interesting place for camping and tourism. Therefore, investing in properties in Al Quadra road will be worth your time and energy.

City Walk

City Walk has all the glitz and attractions that make tourism worth it. It is a nice place for shopping because of its many posh designer shops. Besides, it is opposite the Dubai Mall; hence, staying here is equivalent to having the best of two worlds! Its transport links are topnotch, thereby making it convenient to move around. With many Cafes and perfume booths, City Walk continues to attract visitors all over the world. Hence, this location is a worthwhile location for real estate investment.

Arabian Ranches

Arabian Ranches is located in Sheikh Mohammad Bin Zayed Road. Many foreign investors are keen to invest in property in Arabian Ranches, and that will not change any time soon. With its impressive structures and spacious villas, Arabian Ranches wins the heart of any investor at first glance. Whether you intend to live there or rent it out, real estate investment in Arabian Ranches is the real deal. It has interesting spots such as Dubai Equestrian & Polo Club and Arabian Ranches Golf Club.

Conclusion

The location of your real estate investment is a decisive factor that will determine your success or failure. Indeed, real estate investment in the UAE is lucrative. However, you must invest in the right places to increase your chances of earning more profits. The good news is that the UAE has many interesting residential areas you can choose for your investment. Any of the locations above will be worth your time. It does not matter whether you want to live there with your family or to earn returns in rent. Earn more by choosing wisely today. In Lolia Real Estate we ensure that we exceed clients' expectations by matching their requirements whether it be for investments, for rent, or for living, as we have a team of professional agents who can work with you on your requirements and provide the best recommendation. Hence, we provide high-quality services to our clients.