The sale of apartments in residential complexes from developers in Dubai
Apartments from Dubai's construction companies are highly profitable liquid assets and enjoy stable demand. The city offers the following popular types of apartments:
- Studio apartments, which are in demand as investment assets;
- apartments with different numbers of bedrooms;
- duplexes – spacious two-level apartments that often rival townhouses for size;
- penthouses - elite residences on the upper floors of skyscrapers.
The metropolis is actively developing, so buyers can freely choose between ready-built properties and off-plan projects. In the first quarter of 2023, 59% of the transactions were attributed to off-plan properties, clearly demonstrating the demand for under-construction real estate.
The website provides access to current offers from the top ten developers in the emirate.
Prices of apartments from developers in Dubai
It’s difficult to provide an exact lower price limit as developers in Dubai establish an individual format for each project. The prices of apartments from developers are influenced by several factors:
- location
- area
- interior exclusivity
- the infrastructure of the residential complex
The more luxurious the property, the higher the price. However, the local real estate market's main advantage is that buyers can find something suitable for virtually any purpose. Such prices simply do not exist in major European cities and US metropolises. The average price of an apartment from a developer in Dubai, UAE, as of April 2023, is approximately AED 1.1 million (USD 299,500). The average price per square metre of residential space is around AED 13,750 (USD 3,740). However, much depends on the location. Considering that the prices of apartments from developers tend to rise, it’s more advisable to inquire about the specific prices directly before making a reservation.
Foreigners can purchase apartments from developers for investment in any of the city's free zones. There are dozens of these such zones, ensuring a selection of properties in the city centre, popular resort areas or the suburbs.
Investments in Dubai apartments can yield profits in the short or long term. Apartments can be purchased from developers during excavation and resold after completion. The price difference typically reaches several tens of percentage points. The most advantageous time to purchase property is during the sales launch.
Alternatively, ready-built apartments can be rented out. Real estate in Dubai is always in demand, so finding tenants is not a big challenge. Rental rates consistently increase along with rising property prices. The average return on investment in the city is 5-8% annually.
Assistance in buying apartments from developers in Dubai
The website features real estate in Dubai from developers in various areas of the city. The search system allows you to choose properties from specific developers within your planned budget and desired number of bedrooms. Prices can be calculated in euros and dollars. Our specialists are ready to provide advice on choosing real estate in one of the world's most attractive metropolis and offer legal support for the transaction. Start your search for the apartment of your dreams right now!
