Dubai is in the midst of an economic boom. As one of the world’s leading emerging markets, the UAE has seen a steady increase in the number of residential and commercial properties made available to international investors. Foreign direct investment in the UAE accounts for a significant percentage of GDP, with a major portion directed at the Dubai real estate industry. Real estate investment properties are widely available and most investors should have no issues finding an investment within their budget, which nets high returns (6-10% on average). There are however, a few real estate investment properties in Dubai which stand out amongst the rest.
These off-plan investment properties dominate the market in the categories of forecast returns, quality of build and developer reliability. See them below.
ACT I / Act II
Situated beside Dubai’s latest attraction, the Dubai Opera, these towers are the epitome of Dubai’s luxurious and artistic culture. Offering unrivalled views of The Dubai Fountain and the Burj Khalifa, and only a short walk away from The Dubai Mall, The Dubai Fountain and Souk Al Bahar, Act I/II are sure to become the next Dubai landmark residences.
Paramount Tower Hotel & Residences
With an operator like Paramount, investors jumped at the opportunity to invest in a reputable and reliable name. Paramount Tower Hotel & Residences is an 826-key luxury hotel and hotel residences tower on Sheikh Zayed Road. The 64-storey project will offer a sky lobby with views across the Burj area, a private Paramount Pictures screening room, a rooftop infinity swimming pool with a terrace and a fitness and wellness centre with a state-of-the-art spa. This is one of the most excited real estate investment properties in Dubai today.
Dubai Creek Residences
Dubai Creek Harbour captures the essence of a city harbour lifestyle with its intricate architecture and expansive landscape. Dubai Creek Residences will establish its presence as a monument of the island’s waterside development. The towers’ distinctive form draws its inspiration from the historic charm of the creek, shrouded in the deep culture and heritage of Dubai’s origins. Surrounding this development is enough amenities to satisfy even the pickiest of residents, making Dubai Creek Residences an investment property to look forward to.
Meydan District One
A stand-out property within Dubai’s latest suburb, Mohammed Bin Rashed al Maktoum City (MBRC), District One will bring together crystal clear lagoons, white sand beaches, sweeping green parks and breathtaking modern architecture. Investors lucky enough to grab a property in this development will see affluent tenants and incredible occupancy rates. With the foundations completed and construction in full-swing, this is sure to be one of the most rewarding real estate investment properties in Dubai.
If you are interested in speaking to a property consultant about any of the above properties, you’re invited to contact us here.
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