A 2 bedroom apartment is a great investment option in Dubai. Apartments of this type are widely available, relatively affordable and in very high demand. With a large segment of the expat population in Dubai being “small families”, composed of spouses and one or two young children, a two bedroom apartment simply fits their space requirements, generously.
Because of the high demand for apartments of this type, occupancy rates and rental rates are inherently high. It is not uncommon to see net rental yields of over 8% per year and 95% to 98% occupancy. With the average 2 bedroom apartment in Dubai priced at a broad average of AED 1.5M, it’s also an affordable option for investors seeking a safe investment with high returns.
Zola Group Real Estate consultants have identified the following popular investment properties, based on purchase demand, cost, and handover date. Investors interested in inquiring about any of the listed properties are invited to contact us here for more information.
Al Habtoor City
Gracing Al Habtoor City and the famed Dubai skyline are three luxurious residential towers – Noura, Amna and Meera. The new neighbourhood, right on the banks of the Dubai Water Canal, represents exceptional living elevated to the highest level of luxury in an all-inclusive setting, and boasting stunning skyline views of Dubai. A range of contemporary 1, 2, 3 and 4 bedroom apartments have elegant interiors that are both generously proportioned and stylishly designed. Private balconies and huge floor-to-ceiling windows throughout the homes afford panoramic views providing plenty of natural light. Residents have access to unparalleled amenities including lap pools, gyms, spas, a supermarket, a crèche and a clinic, all within the ultra-private confines of the luxury development.
Type: Freehold 2 Bedroom Apartment
Cost: 1.7M
Handover Date: Q2 2017
Feirouz Azizi Residences
Feirouz is Arabic for turquoise. Living up to its name, it is a real gem. Feirouz is the ideal home for families who want to make the most of Al Furjan and the multiple amenities of the South Village. Simple aesthetics, contemporary designs and generous landscaped areas give this mid-sized building a homey feel. Buyers have a choice of One, Two and Three bedroom apartments with walk in balconies in each apartment. In addition, The Two and Three bedrooms apartments come with a maid’s room.
Type: Freehold 2 Bedroom Apartment
Cost: 1.45M
Handover Date: Q1 2016
DAMAC Residenze
Rising through the last area of platinum real estate in Dubai Marina, one of the most desirable locations in the city, DAMAC Residenze with interiors by Fendi Casa offers stunning views of the Palm Jumeirah and the surrounding neighbourhood. Occupying levels 43 to 84 of the award-winning 86-storey tower, each of the luxury apartments at DAMAC Residenze is fitted out with the latest furnishings from the Fendi Casa collection to provide the most stylish living experience you could wish for. Add to that a relaxing environment and the lively atmosphere of Dubai Marina and it’s easy to see why it’s already one of the most sought-after addresses in Dubai.
Type: Freehold 2 Bedroom Apartment
Cost: 3.05M
Handover Date: Q2 2017
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