Best areas in Dubai for property purchase or rental
Whether you’re renting or buying, Dubai has a wide choice of options, but ‘location, location, location’ is as true in this amazing desert city as it is everywhere else in the world. As well as existing housing complexes and apartment towers, new development are springing up all over, with some even targeting workplace specialist sectors. Dubai property prices are due for a rebound this year, with increased inquiries bearing out the emirate’s increasing popularity with expat professionals.
Right now, Jumeirah Lake Towers and Dubai Marina are top of the popularity poll for rental apartments, with the Springs and Arabian Ranches getting the most enquiries from established expats wishing to purchase villas. According to leading real estate agents, expressed interest via SMS texts is up by 100 per cent over last year’s totals. Downtown Dubai is another hotspot for interest from expat professionals on assignment, as are the apartments in Jumeirah Village Circle.
Expats and their partners arriving with their children tend to prefer villas with gardens in complexes with an established expat community, preferably in areas close by international schools and good medical facilities. In addition to Arabian Ranches and the Springs, Reem and Jumeirah Park are rising in popularity with this group. For new arrivals looking to rent cheaply until they’re settled in and familiar with the city, the best offers as regards apartments are found in Dubai Land, now increasingly popular as a convenient, inexpensive – for Dubai – location.
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