Luxury is synonymous with Dubai, and real estate there is always in demand. The city has a strong economy and is considered to be one of the top ten global cities. Its population is mainly foreign nationals, making it a popular investment option. Profit rates for Dubai apartments and villas vary depending on the features and location of the property. In general, apartments and villas can fetch a profit rate of 7-8% per year. Continue reading as we discuss some of the most popular places which you can consult about with a Dubai real estate company.
Festival City
Dubai Festival City is an upmarket business and entertainment district that centers around a massive mall with global food courts, luxury fashion brands and a cinema complex. It is also home to upmarket hotels that host major conferences and swanky European restaurants. Festivals and workshops are popular, and you can catch the annual Festival of Literature or the Dubai Creek Festival for an artistic experience.
The Festival City is located along the 3.3 km-long Dubai Creek. It is a great place to live for singletons, couples, and families with children. It is home to numerous family-friendly schools, a variety of universities, and an active social scene. Moving to Dubai Festival City means developing a positive perspective and learning how to live in the city.
Jumeirah Group
The Jumeirah Group is known for their luxury hotels. They have 22 properties and manage 7,164 rooms globally. Dubai Holding CEO, Edris Al Rafi, stated that the group is entering into its next phase of growth and is aiming to expand its international portfolio. The addition of the World Trade Center Hotel Dubai to their portfolio is an example of this strategy.
Jumeirah’s real estate market is diverse and offers a wide range of properties. From studios and family apartments to penthouses and sprawling villas, there is a property for every budget and taste. The market is continuously growing and is full of off-plan and completed projects.
MBR City
If you are looking for a new home in the city of Dubai, consider MBR City in Dubai real estate. It has a lot to offer and prices start from AED 600k for a studio to AED 2M for a four-bedroom apartment. MBR City apartments are near business districts and Al Safa Metro
Stations. Nearby hospitals, such as Emirates and American Hospitals, are also within easy reach. This mixed-use community has many amenities, such as a public green space. In addition, the area has excellent educational facilities for children and is also within close proximity to several of the city’s business hubs. Contact AQUA Properties Real Estate Company for all your property needs.
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