Communities with High ROI in Dubai
There are various property estates around the world that attracts the eyes of the buyer. Today, Dubai real estate has ranked at the top in many regards. However, talking about the post covid Dubai property market that undoubtedly has made a powerful rebound. Having said that certain segments of the industry perform surprisingly well hence making it the ideal period for investment. On the other side, if we talk about the return on investment (ROI) this fast-becoming city ranges from 5 to 8 percent on average. Although, there appear some locations in the metropolitan city that render comparatively high ROI to the purchasers. Keeping in view the buzz around the property market the investors have still gotten doubts relating to the communities with high ROI in Dubai. Therefore, DxB Lux Homes come up with a write-up so that you can make the right choice.
Jumeirah Village Circle (JVC)
Commonly referred to as the JVC by the residents, this neighbourhood locates beside Al khail Road. We can say that it fulfils the criteria of being a cost-effective, family-oriented, and suburban destination in Dubai. Being in the vicinity of quite famous landmarks Jumeirah Village Circle Dubai does not fail to proffer luxury and a peaceful environment to the house owners. Comprising 2000 units that encompass Dubai luxury apartments, villas, townhouses, and commercial properties. As for the return on investment of this community, it is 6.3% which considers the highest for the 4-5 bedrooms unit as compared to the other places.
Downtown Dubai
Of the most well-known neighbourhoods, Downtown Dubai holds a good reputation because of its glaring landmarks. For this reason, it has become the most visited site in Dubai city, and why it should not be? As it provides an extravagant lifestyle and ingeniously designed luxury homes in Dubai. With the highest per square foot price in the area many foreign executives and high net-worth businessmen prefer to live in Downtown Dubai. The investors will get an astounding 7.9% ROI from the purchasers which provides long-term benefits.
Mohammad Bin Rashid City (MBR)
MBR City is a mixed-use project in the Gulf region that has conceived a miniature city inside a city. The Mohammad Bin Rashid City (MBR) is known to be the hotspot for luxury property in Dubai. After analysing this point couple of investors show willingness to make a secure investment here. Also, the significance of the location plays a part when it comes to the high rental yields and this gives rise to more investment opportunities to the buyers. Whether you plan to invest in Dubai luxury villas for sale or townhouses expect a high rental yield from 7 to 8%.
Overall, the above-mentioned neighbourhoods give rise to the high ROI. However, those who are successful investors acknowledge the value of conducting research before making a prominent investment. This in turn depicts the rental yield for the real estate. It further depends on several components including the demand of the rental market of each site, cost of maintenance, condition, and prices of the property. Also, we have a team of experts that offer guidance and suggestions to our clients regarding successful property investments.
