Dubai offers a number of attractive real estate investment opportunities for nationals and ex-pats alike. However, non-nationals must follow a few rules which detail when and where they can buy property. Ex-pats are limited to freehold areas; this means that they can only ‘lease’ the property for a period of up to ninety-nine years, but the ownership never swaps hands. If you are an ex-pat considering property in Dubai, then there are some great freehold areas for you to consider; let’s take a look.
Al Reef’s location is a huge draw for those that live there. It is near the highway and the airport, as well as being near Yas Island and Al Raha Beach. The population within Al Reef is incredibly multicultural because a lot of ex-pats tend to flock here. There are villas and apartments to check out, and the property prices are often more affordable.
Yas Island is known for its amenities and world-class attractions, which does make it more touristy than other options. It is designed with luxury in mind, which also means that property prices may be a little on the expensive side, but the waterfront views are worth it.
Saadiyat Island is often referred to as Dubai’s cultural hub. In addition to the stunning properties available, it also houses some spectacular attractions and has all of the amenities you need too. Those living on Saadiyat Island often don’t need to leave or visit the city unless they want to.
Al Raha Beach
Al Raha Beach is located in Khalifa, and it has some of the best waterfront properties on this list. It is more on the suburban side, being better suited to families. Al Raha Beach is ideal for those who want to take a step back from city life. There are villas, apartments and townhouses to choose from. There is lots to do, It has exceptional transport links to the rest of the city, and Yas Island is nearby.
Masdar City is a mixed-use development that aims to promote a more energy-efficient lifestyle. Again, you can choose between villas and apartments, and the homes here are some of the latest residential properties in the Emirate. The amenities are top-notch too. Masdar city is also near to the airport, Khalifa City and Al Raha Beach.
Al Reem Island
Al Reem Island is in incredibly high demand. One of its biggest draws is the waterfront properties. The mixed-use development is made up of luxury apartments and high-end residential buildings. It is great for those with families. The amenities are amazing, including things like parks, stores, malls and schools. The transport links are good too, making it a really easy place to commute to and from.
Palm Jumeirah represents some of the best of beachfront living. It also has several hotels and resorts, which means that it can be a little touristy at times. However, the amenities are great, and they include things like beach clubs, stores, restaurants and cafes.
When it comes to finding freeholds in Dubai, there are a lot of choices to consider. To help you choose, you should think about the needs of your family and the things that you are looking for from a property.