It is quite difficult for expats to invest in property in Dubai in some years back. That changed about 15 years ago after the opening of the freehold market in Dubai which then give expats the platform to invest in the estate property business in the city.
With a lot of offers from developers as regarding off-plan property, it is quite essential that you carefully consider a lot of factors before accepting their offer. Location most times determines the price and capital gain on an off-plan property which is why you need to choose the community where you want the property wisely.
Some communities are well known for off-plan property investment in, and we will share them with you.
One of the centers of attraction in Dubai is downtown. The development of the area is the handiwork of no other person but one of the best developers in Dubai known as Emaar. The community is well structured with amazing architectural designs and also with a clear view of the Burj Khalifa.
It is recognized and known for its great development that keeps going on in the community. It tops the list of the best places to invest in off-plan property, and it shows no signs of losing that ranking. There are different properties located there such as residential and commercial with some other amenities that add to the value of the community.
The Akoya Oxygen is one of the communities you should consider for off-plan property investment. It is developed Damac. The community is a well-spaced with plenty of areas for jogging and cycling. The city has its blueprint which makes it entirely different from the rest.
The lifestyle there is unique and appealing as it has excellent facilities to make life bearable for inhabitants such as retail and recreational spaces, restaurants, café and greenery environment for those who love nature.
You are likely to get engrossed with the trees and flowers in this community if you are the type that loves greenery pastures. One of the reasons you should consider the city as your choice for investment is that it hosts the Trump world golf club which is specially designed by no other well-known golfer known as Tiger woods
There are many buildings in the community which is the product of off-plan investment, and there are still many more in progress.
Mohammed Bin Rashid (MBR) City
One of the recognized community to consider when it comes to off plan project investment in Dubai is the Mohammed Bin Rashid City. The town is blessed with a lot of apartments and exclusive villas which were the outcome of some off plan projects.
The community boasts of its unique lifestyle with some amazing infrastructure and recreational facilities which makes it one of the best in the city. Most of the properties in Mohammed Bin Rashid city are situated in the Azizi Victoria in district 7.
Some of the projects are sold out, and some are in progress. There is more opportunity for people to still become a landlord in the community with the off plan projects. The apartments in this community and villas are divided into two in which some are cheap, and some are expensive.
These are the communities we can discuss with you for now, but there are more which you can invest your money such as the Dubai hill estate, Jumeirah village circle, Al Barari and many more. If you desire to spend through off-plan projects, here are some of the communities to consider for you.