10 Areas for Property Investment in Dubai for Profitable Returns

Property Investment in Dubai

The real estate market of Dubai has seen an upward trend since the last few years, and it is still experiencing a positive trajectory, adding up Indians and other high net worth individuals amongst its top property investors and homebuyers. With such an augmented demand for Dubai properties, it’s important to know the best areas for property investment in Dubai.

Lured by low or no taxes, higher return on investment, a haven for safety and security, the city of luxury and skyscrapers – has garnered the attention of global investors, including Indians and Foreigners. So, if you are looking to purchase a luxury apartment or spacious villa in Dubai, you are at the right place. The city of Dubai offers immense investment opportunities across the most sought-after areas. However, before investing in one, you must know the dubai best places for property investment in Dubai.

With a positive market trend, now is the right time to explore the areas with the best properties guaranteeing a higher ROI.

10 Best Areas for Property Investment in Dubai

Investment in Dubai

When it comes to buying properties in Dubai, apartments often tops the list as they are the most affordable options. To help you make informed decisions, we have mentioned some of the areas to invest Dubai best Places.

1. Discovery Gardens

Known as the best residential community in Dubai, Discovery Gardens is a well-developed neighbourhood known for its affordable apartments and closeness with the city’s iconic coastline, pristine beaches, and luxury communities such as Dubai Marina and Palm Jumeirah.

The best feature of this community is that it is a freehold area which means that even a foreigner can enjoy full ownership of the purchased property. Not only this, this community also rewards residents with an excellent public transportation system in the form of bus stations and metro station that can be found on the Red Line of the Dubai Metro.

Reasons to Invest in Discovery Gardens, Dubai

• Sought-after Location

Strategically located near Jebel Ali Village, Discovery Gardens gives you easy access to some of the key areas such as Dubai Marina, Palm Jumeirah, and Ibn Battuta Mall.

• Higher ROI

The Investment property for sale in Discovery Gardens, offers competitive prices and high rental yields.

• Diverse Property Options

You can easily find some of the best hotel apartments in Discovery Gardens. In addition to this, you can also find a wide array of property options such as luxury apartments and townhouses.

Average Sales Price

Property TypeAverage Sales Price
Studio ApartmentsAED 474K
1-BR ApartmentsAED 728K

Note* These prices are expected to change as per Dubai real estate market trends

2. Dubai Silicon Oasis

Known as the cynosure for technology, businesses, knowledge, and Innovation, Dubai Silicon Oasis is known as 15-minute city and sprawls over 7 square kilometers and is a major dwelling for more than 90000 residents and entrepreneurs. Understand this community as a heavenly paradise for start-ups, small and medium enterprises, and even multinational companies.

There are many perks of living in Dubai Silicon Oasis. This innovative city not only promises a futuristic lifestyle but also caters to the needs of the tech-savvy people.

Reasons to Invest in Dubai Silicon Oasis

• Affordability

This community offers a plethora of affordable housing options as compared to other areas in Dubai. One can chose from studios to 3-bedroom apartments. Also, people looking for something more spacious, they can opt for villas.

• Proximity to premium amenities

Premium amenities just around the corner is what you can get when you choose to make DSO your new home. From the best medical facilities to the top educational institutions to give your kids a high-quality education, this community never disappoints you!

• Prime Location

Strategically situated amidst Dubai Al Ain Road and Sheikh Mohammad Bin Zayed Road, this community enjoys excellent connectivity with the rest of the UAE.

Average Sales Price

Property TypeAverage Sales Price
Studio ApartmentsAED 421 K
1-BR ApartmentsAED 655 K
2- BR ApartmentsAED 1.16 M
3- BR ApartmentsAED 1.57 M

Note* These prices are expected to change as per Dubai real estate market trends

3. Dubai Investment Park (DIP)

Dubai Investment Park is a mixed-use complex, offering a perfect blend of commercial and residential establishments. This community holds an excellent position in the UAE, and is situated next to the Dubai International Airport in Jebel Ali Free Zone. The landscaped gardens, green and eco-friendly environment, architectural brilliance, and other premium amenities further add to the appeal of this community.

The neighbourhood draws the attention of businesses and investors who want to make an investment in Dubai real estate market.

Reasons to Invest in Dubai Investment Park

• Strong Rental Yields

The proximity to major industrial areas and commercial hubs results in strong rental returns, making this community the best choice for people who are looking for properties for rent in Dubai and yielding high rental income.

• Most Sought-after Location

Primarily positioned near the Expo 2020 site and Al Maktoum International Airport, DIP offers an easy access to city’s main roadways such as Sheikh Zayed road and Emirates road.

• Secured Living

A secured living is one of the main reasons to invest in Dubai Investment Park. In addition, the city also has an Ambulance base and fire engine.

Average Sales Price

Property TypeAverage Sales Price
Studio ApartmentsAED 305 K
1-BR ApartmentsAED 500 K
2- BR ApartmentsAED 801 K
3- BR ApartmentsAED 1.04 M

Note* These prices are expected to change as per Dubai real estate market trends

4. Dubai Sports City

Dubai Sports City is one of the freehold areas in Dubai, offering a sports lifestyle to all its residents. Well, the entire community sprawls over 50 Million square feet. Home to the International Cricket Council (ICC), the community of sports city Dubai caters to both families and single individuals. This community has been developed keeping in mind a sports-centric theme with premium amenities and facilities.

You can find world-class sports amenities in this community, which include 18-hole golf course, a football stadium, indoor sports arena, and a cricket stadium, making it an attractive choice for both investors and homeowners alike.

Reasons to Invest in Dubai Sports City

• A great return on Investment

The sports-oriented lifestyle results in stronger yields, making it the best areas for property investment in Dubai.

• Future Growth Prospects

Investing in Dubai Sports City is a golden opportunity to become a part of the ever-evolving community that is growing, and offering immense benefits and returns.

• Active Community and Lifestyle

Dubai Sports City is a family-friendly neighbourhood offering residents an active and healthy lifestyle with its perfect blend of recreational, educational, cultural, and sports activities.

Average Sales Price

Property TypeAverage Sales Price
Studio ApartmentsAED 511 K
1-BR ApartmentsAED 733 K
2- BR ApartmentsAED 1.18 M

Note* These prices are expected to change as per Dubai real estate market trends

5. Town Square

Dubai Town Square is a master-planned residential community, situated in the Al Furjan District of Dubai. The affordable pricing, premium amenities, and most sought-after location makes this community a popular choice for investors and homeowners alike. Home to 16 tranquil gardens and long kilometers of dedicated trails for walking, cycling, and jogging.

Tenants looking for properties for rent in Dubai find this community appealing because of vibrant and family-friendly features schools, retail outlets, and green parks.

Reasons to Invest in Dubai Town Square

• Great Potential for Capital Appreciation

Being a rapidly developing community, Town Square is well-equipped with a vast variety of residential projects. The presence of a plethora of projects in the pipeline makes this community a good investment option for people looking to make profit.

• Convenient Location

Strategically located in the vibrant district of Al Furjan Town Square is a short drive away from the Dubai International airport and Sheikh Zayed Road.

• Premium Amenities

Town Square rewards residents with a plethora of premium amenities such as swimming pools, landscaped parks, fitness amenities, and huge play areas for children.

Average Sales Price

Property TypeAverage Sales Price
Studio ApartmentsAED 501 K
1-BR ApartmentsAED 761 K
2- BR ApartmentsAED 1.12 M
3- BR ApartmentsAED 1.67 M

Note* These prices are expected to change as per Dubai real estate market trends

6. Living Legends

Living Legends is a gated residential development in Dubailand, featuring a mixed blend of apartments and villas. This community sprawls over 14 Million square feet and was completed in 2015 by a Saudi developer, Tanmiyat. Home to the majestic 9-hole golf course that was designed by the famous Swiss designer Peter Harradine.

Living in Living Legends means experiencing smart home technology, quick response emergency service, and delivery grocery store. This community is perfect suited for families because it shares close proximity to mosques, temples, clinics, shopping centers, and educational institutions.

Reasons to Invest in Living legends Dubai

• Higher ROI

The Dubai Investment property for sale in Living Legends offer an average annual ROI between 6-10%.

• Smart Home Technology

Residents of Living Legends are rewarded with smart home technology which means that residents can control their homes using their smartphones without any hassle.

• Future Growth Prospects

Primarily located in the vibrant neighbourhood of Dubailand, Living Legends is a rapidly developing community with a robust potential for exponential growth.

Average Sales Price

Property TypeAverage Sales Price
Studio ApartmentsAED 492 K
1-BR ApartmentsAED 701 K
2- BR ApartmentsAED 1.09 M
3- BR ApartmentsAED 1.44 M

Note* These prices are expected to change as per Dubai real estate market trends

7. Damac Hills

Damac Hills is a luxury residential community in the heart of Dubailand, renowned for its premium amenities and sophisticated lifestyle. This community spans across 42 million square feet, this community is home to mix range of properties. The community is a perfect composition of three main parts; Trump International Golf Club, Akoya Drive, and Akoya Park.

From the best schools and best healthcare facilities to immense shopping and leisure options, this community rewards residents with a wide array of world-class facilities.

Reasons to Invest in Damac Hills

• Most Sought-After and Convenient Location

Nestled amidst the vibrant district of Dubailand, Damac Hills give you easy and convenient access to major highways, leisure and entertainment avenues, and well-known business districts.

• Presence of Wide Range of Properties

Damac Hills is a perfect blend of mix properties, further catering to investors with different profiles and meeting the needs of the tenants.

• A Higher return on Investment

When you plan to invest in Damac Hills, you can experience attractive rental yields between 7-8%.

Average Sales Price

Property TypeAverage Sales Price
Studio ApartmentsAED 603 K
1-BR ApartmentsAED 1.03 M
2- BR ApartmentsAED 1.78 M
3- BR ApartmentsAED 2.65 M

Note* These prices are expected to change as per Dubai real estate market trends

8. Green Community

It is clear from the name that the green community in Dubai is one of the eco-friendly communities in Dubai, known for its landscaped parks, gardens, and sustainable living. Developed by Properties Investment LLC, the green community is located just off the Dubai Investment Park Industrial Area.

Primarily situated, this community is bounded by Sheikh Mohammad Bin Zayed Road and Jebel Ali-Hibab road. Well, this community doesn’t come with any kind of commercial spaces and is well-equipped with landscaped gardens, parks, tall trees, swimming pools, helping residents to experience a sustainable living.

Reasons to Invest in Green Community, Dubai

• Green and Sustainable Living

The Green community is perfectly designed and developed with energy-efficient homes, green spaces, and lush green landscaped gardens and parks, promoting a sustainable living amongst residents.

• Higher ROI

The reputation of the green community as a sustainable and green neighbourhood results in increased demand and improved rental yields.

• Traffic-free

This gated community in Dubai is low on traffic and is perfectly suited for the people who crave a peaceful and tranquil lifestyle away from the bustling city life.

Average Sales Price

Property TypeAverage Sales Price
Studio ApartmentsAED 350 K
1-BR ApartmentsAED 844 K
2- BR ApartmentsAED 1.70 M
3- BR ApartmentsAED 3.34M

Note* These prices are expected to change as per Dubai real estate market trends

9. Jumeirah Golf Estates

Jumeirah Golf Estates is a residential golf community that is nestled between 2 championship golf courses. It is one of the freehold areas in Dubai offering a perfect blend of apartments, townhouses, and villas. The community is home to Jumeirah Golf Estate Station, which makes JGE Dubai one of the prime residential areas near the Expo 2020 site.

This community is an ideal location for people who are looking for something more peaceful and want to live away from the hustle and bustle of modern lives and enjoy the premium amenities.

Reasons to Invest in Jumeirah Golf Estates

• Sophisticated Living

This community is known for its high quality and sophisticated living, and focus more on wellness and recreational activities.

• Prime Location

The community of JGE is located near the main highways of Dubai and give residents an easy access to the main business districts and leisure areas of Dubai.

• Rewarding ROI

The aesthetic appeal of the community and increased demand of properties in the community results in strong rental yields between 7-8%.

Average Sales Price

Property TypeAverage Sales Price
1-BR ApartmentsAED 1.22 M
2- BR ApartmentsAED 1.99 M
3- BR ApartmentsAED 2.68 M

Note* These prices are expected to change as per Dubai real estate market trends

10. Business Bay

Business Bay is a business district in Dubai and is often the first choice for business and young professionals who want to live in close proximity to their office. The community is a mixed-use development in Dubai’s heart.

Moreover, the high capital appreciation, sought-after location, and close proximity to the renowned business hubs makes this community a preferred choice for investors who want to invest in Dubai real estate and want to experience exceptional returns on their investment.

Reasons to Invest in Business Bay

• A plethora of Investment Opportunities

The community of Business Bay presents a plethora of investment opportunities, which include, residential developments, office spaces, and mixed-use developments.

• Strong Rental Returns

Business Bay rewards you with attractive rental returns which means that you can get between 6-8 return for residential development and between 7-10% for commercial towers in Business Bay.

• Exceptional Growth Potential

The prime location, architectural brilliance, and the burgeoning demand, the community is poised towards the growth spectrum. And, moreover, the Dubai water canal has completely transformed the community’s landscape, and the ongoing projects continue to boost the property prices, rental yields, and sales volume.

Average Sales Price

Property TypeAverage Sales Price
ApartmentAED 2,148,771

Note* These prices are expected to change as per Dubai real estate market trends

Final Takeaway

Invest in Dubai

This blog concludes the 10 best areas for property investment in Dubai. So, what are you waiting for? Explore these areas and make your dream of owning a home in Dubai a beautiful reality.

Look for the best off-plan projects in Dubai and don’t forget to invest in one if you are looking for exceptional returns on your investment.

Certain FAQs

Yes, expats can buy property in the freehold areas in Dubai and enjoy complete ownership of the property.

Some of the latest off-plan projects in Dubai include, Binghatti Ivory, MAG 777 by MAG Group, The Alba Residences by Omniyat, Binghatti Ghost, and others.