The stability and profitability of real estate investments in Dubai largely depend on the choice of location. In this guide, we will compare several well-known areas and analyze where it is most profitable to purchase real estate.
The real estate market in Dubai has experienced a significant increase in 2021-2022, with prices rising over 30%. This trend is expected to continue as demand for local houses and apartments remains high. In the first quarter of 2023, there were over 30,000 real estate transactions, indicating a strong interest in the Dubai real estate market. This also allows us to make bold forecasts for further growth and expect new records this year.
The awards for Al Habtoor Tower and Serenia Living have sparked a new construction boom in Dubai. Experts say this is the best scenario for the UAE economy.
Bur Dubai and Deira are often confused, but both have many budget hotels and real estate options. Initially, the area in which Bur Dubai is located was the center of Dubai. However, today this area is located in the east of the city.
We continue to analyze the topic of expenses when moving to Dubai. In the previous article, we talked about the necessary documents and rental housing.
Today, as we look at Dubai, which is a global financial and cultural hub, it is hard to imagine that only 50 years ago it was an unnoticed fishing village. Today, Dubai attracts tourists from around the world and it is home to the richest people on the planet. But how did this small village become a luxurious metropolis? And why is Dubai’s success unrelated to oil?
Every year the UAE real estate market becomes more and more attractive for investors and agencies. According to DLD, in May 2022 a total of transactions worth 26.5 billion dirhams (about $70 billion) were concluded. The deals generated over AED240 billion, up 61% from 2021.
Many consider Dubai the city of the future, and upon visiting the biggest city in the UAE, it’s evident that this statement isn’t an exaggeration. You’ll find the tallest building globally, the Burj Khalifa, the most extensive shopping center, and stunning fountains.
A spectacular building in Dubai is the Museum Of The Future that you should see as a tourist. As you can tell from the name, everything revolves around the future. You see things there that don’t exist anywhere else.
The Abra is a very popular water taxi in Dubai. The relevance is often compared to a gondola in Venice. She is a water taxi with space for up to 20 people. At first glance, it may not be very stable, but both locals and tourists like to use the Abra and, above all, do not have any problems. In addition, all Abras in Dubai has been equipped with extensive safety features since 2008. Life jackets, rescue buoys, and first-aid kits are part of Abra’s standard equipment.
A good way for tourists to get around The Palm Jumeirah in Dubai is the Palm Jumeirah Monorail. With this, you can travel very comfortably and quickly around the whole island. On foot, it is not possible to look at this because it is just too big. We would like to explain exactly what this costs and what you have to consider.
In Emirate Dubai, everything is perfectly air-conditioned and as a tourist, you do not need to be afraid there that you have to sweat. Where this is exactly what we will describe here. There is a lot to consider.
A spectacular multi-purpose hall in Dubai is the Coca-Cola Arena where regular events take place you can visit as a tourist. The location is perfect right next to the popular City Walk and so you can reach them well.
Jebel Ali is far from the center of Dubai. Known for the port, free trade zone and where there is also a nice hotel. This region of Dubai is currently still being heavily developed. A lot is being built. Al Maktoum International Airport is also nearby. This is to be expanded into the largest airport in the world.
A really great attraction in Dubai is the Sky Views Dubai Observatory. There you will find a glass floor with a great view, the Sky Walk and much more where you will definitely be amazed.
The Dubai Ripe Market, where you can buy particularly fresh food, is always recommended for a visit. Here you can find out everything you need to know if you want to see it.
One of the best and most famous promenades in Dubai is The Beach. This is in a prime location on Jumeirah Beach, where there are also numerous beach hotels. As a visitor, you will find many shops and restaurants there. Also very ideal if you want to end the evening in Dubai. There you can eat outdoors and the tourists love it.
The tram in the city of Dubai, also called Dubai Tram, is located in the United Arab Emirates and the first section of the Al Sufouh station to Jumeirah Beach, was on November 11, 2014 by the head of state of the Emirate Dubai, Sheikh Mohammed Bin Rashid Al Maktoum opened.
The Dubai Water Bus is the perfect way for tourists to get around Dubai Creek or Dubai Marina. Both are stationed with several water buses that can be used. Visitors to the metropolis, in particular, like to use this service to move quickly on the water.
Here we present the 10 highest hotels in Dubai. From the hotel rooms, you have a great view of the city skyline. When booking, we recommend that you always ensure that you get a room on the upper floors. It is definitely worth it and you will be amazed. You can also take great photos.
In the Emirate of Dubai, there is currently the largest water fountain in the world, the Dubai Fountain, which is located in Burj Khalifa Lake. All of this is located downtown at the Burj Khalifa. The model is probably the Bellagio Fountains in the famous Bellagio Hotel in the casino city of Las Vegas. However, the Dubai Fountain is even more spectacular, bigger, and also higher.
If you want to buy cheap souvenirs in Dubai then you should go to the Naif Souk. This is an insider tip where there are not that many tourists and therefore the dealers there are willing to sell them cheaper.
The Jumeira Rotana is a city hotel in Dubai with a very good value for money. It’s an older hotel, but the rooms have been renovated. That means you can book an overnight stay there without hesitation. The hotel category is four stars and the United Arab Emirates in particular have a very high standard in hotels.
Of course, there is also a large library in Dubai and the Mohammed bin Rashid Library is just the right thing. You can find a lot of books there and surely there is something for everyone.
2021 will be leaving us soon. Should we remind you about the most interesting articles that have been published on our website? Here everyone will find something interesting about luxury and wonderful Dubai.
Here we explain what the best transfer from Dubai Airport to the hotel is. There are many different options there that you can use as a tourist. These of course always differ in the price how much you have to pay.
How do you actually get from Dubai to Abu Dhabi? Here we explain what options there are and which are best for tourists. You certainly want to see the capital of the United Arab Emirates.
As a passenger, you can order an Emirates Special Meal before departure and here you can find out where to do it and whether it costs anything at all. But you should definitely use this service.
Due to the location directly on the sea, the humidity in Dubai is very high all year round. But in the summer months, this is significantly higher and you sweat very quickly.
A spectacular beach hotel in Dubai is the Address Beach Resort where there is an infinity pool on the roof of the hotel where you can enjoy a great view of The Palm Jumeirah and the surrounding skyscrapers.
