Dubai is the business hub of the Middle East and the future Smart City of the United Arab Emirates. In only a few decades, it has become home to some of the most notable property developments and structures in the world, such as the Burj Khalifa, the Burj Al Arab, the Dubai Mall and Palm Jumeirah. At the same time, Dubai is still a world-famous holiday destination in touch with nature, its beaches occupied by residents and visitors looking for relaxed, blissful living. For this reason, Dubai’s offer of villas for sale is incredibly rich and diverse and many villas in Dubai represent premium investment assets.
Types of Villas in Dubai - For years, oil has been contributing to only a small percentage of the UAE’s revenue, so Dubai has reinvented itself as a leader in tourism, aviation, finance and real estate. Villas for sale in Dubai were built in a singular way, with the aim of attracting home buyers and investors globally. Therefore, in addition to standing in a stunning beachfront city with over 300 days of sunshine, villas in Dubai come with a luxury (or even ultra-luxury) lifestyle. There are furnished and unfurnished villas for sale across the emirate. These include everything from modest one-bedroom villas to Dubai Seahorse and ultra-luxury villas in Mohammed Bin Rashid City, to mega villas at Akoya Oxygen. Depending on your taste and investment budget, you can acquire a modern minimalist villa by the beach, an Arabic style villa in a Beverly Hills-inspired suburb, an Andalusian-style villa in a gated community, and much more. Everything from one-bedroom to 12-bedroom villas is available on Bayut.
Popular Areas in Dubai - Some of the consistently most popular communities for buying a villa in Dubai are Arabian Ranches, Palm Jumeirah, The Meadows, The Springs, Emirates Hills and Dubailand. Many villas in these localities come with private gardens, pools, water features, and more. Exterior wise, you will find many of the villa communities in Dubai feature beautiful landscaping, footpaths, bicycle trails, community centres, community pools and sports facilities. Above all, villas in Dubai are known for a providing a peace of mind. The emirate of Dubai is famous for its low crime rate and villa communities, in particular, are often gated with 24-hour security.
Potential for Return on Investment in Dubai - If you are an investor and want to purchase a villa to put it up for short-term rentals, you can get an impressive return on investment through Dubai’s global tourist appeal. However, to sublet your Dubai villa even for one month, you will need to obtain a permit from the Real Estate Regulatory Agency (RERA). An even better option is investing in a long-term buy-to-let villa. The average returns for the emirate of Dubai fluctuate around a very stable 7% on capital gains and go as high as 10% for certain villa communities in terms of capital appreciation.
Lifestyle and Community in Dubai - The main advantage of owning a villa in Dubai is the tranquillity that comes with these types of properties, as villas are often situated far from the hustle and bustle of the city. Bayut particularly recommends acquiring a villa on Dubai’s stunning beachfront. By doing so, you could be holding the key to some of the most luxurious and blissful properties in the world. To consider villas by the beach, browse listings for sale in Jumeirah or Palm Jumeirah. Dubai is also famous for yachting and water sports, glitzy shopping malls, lavish brunch offers, extraordinary entertainment centres such as Ski Dubai, record-breaking sports facilities like Skydive Dubai, family-friendly water parks, and much more. The city also has an ever-growing offer of schools, universities, galleries, museums and art districts. Some important factors to consider when hunting for a villa in Dubai is whether the area is freehold or not. Buying in a freehold area means full ownership of the villa, while other sectors come with a few terms and conditions. Furthermore, consider the fact that only buying a villa worth AED 1 million or more in Dubai will equip you with a property-related residence visa. With cheaper villas, you will have to acquire a work visa. Whatever the case, you are sure to find the villa of your dreams in the thriving emirate of Dubai.