Best Areas to Live in Dubai: Investing in Dubai Property

It’s time for some midweek property wisdom from the awesome Luke Remington, Managing Director of haus & haus, one of the city’s innovative new real estate agencies. Luke has given us special insights into the best areas to live in Dubai and how some neighbourhoods in the city have attained a cult status amongst the city’s discerning buyers. Watch the video to learn more about the latest projects in the Dubai property market, what makes Downtown so trendy, what keeps families coming back to Arabian Ranches and why there’s no place like the Palm to invest in a studio.

Don’t forget to catch our special new rapid-fire segment and enjoy the quickfire responses from this leading property expert in Dubai.

What makes a Neighbourhood in Dubai Popular?

There are different ways to look at what qualifies as a happening or ‘it’ neighbourhood in Dubai. Some elements are obvious; the architecture needs to stand out, it needs to be classy and chic and it should reverberate with an energy that makes everyone want to live there! The perfect illustration of all these elements coming together when it comes to Dubai properties is predictably the uber-luxurious Downtown Dubai.

Downtown Dubai is one of the best areas to live in Dubai — Downtown Dubai fits the bill of the quintessential ‘It’ neighbourhood and is one of the best areas to live in Dubai

It ticks off all the obvious elements of a great place to invest in, but what makes a Downtown Dubai address so desirable is that extra something it offers. It’s hard to put your finger on it, but living here in Luke’s opinion makes you feel like an absolute rockstar!

Best Areas to live in Dubai and Invest in Real estate

How to invest in property — The reasons and motivations for investing in property in Dubai are myriad

Luke’s advice for first-time buyers, singles, couples and families for real estate investments in Dubai

Two of the best options for first-time property buyers are villas or apartments in Jumeirah Village Circle and Arjan. These areas offer an average return of 7-8% and will be completed soon.
For a single person wanting to invest in Dubai real estate, studios in Palm Views or Club Vista Mare in Palm Jumeirah are great options. It’s easily one of the best areas to live for singles in Dubai, right at the doorstep of some of the city’s most popular hotspots!
One of the best areas to live for couples in the city would be the Marina Promenade in the Dubai Marina, brimming with trendy nightclubs cafes and restaurants. The beach at JBR is also a short walk away, so there’s plenty to keep young couples excited in Dubai Marina.
‘For families looking to invest in Dubai property, villas in Arabian Ranches are the best option’, Luke said speaking from personal experience. ‘It’s a lovely gated community with amazing pools, walks, jogging tracks and pretty much everything a family would be looking for.’

Best Waterfront Properties to Invest in Dubai

JBR has some of the best waterfront properties to invest in — A stone’s throw away from the beach, JBR is one of the best areas to live in Dubai if you love the sea

In terms of ready communities, the Walk at JBR, with its selection of family-friendly retail and dining outlets, is one of the best waterfront areas to live in Dubai. The neighbourhood is also witnessing some renewed interest for real estate investment in Dubai thanks to the Blue Water islands project.

Best Off-Plan Projects to Invest in Dubai Real Estate

The Beachfront by master-developer Emaar is easily one of the best off-plan projects to invest in Dubai real estate today. Emaar has built a reputation for building and developing some of the city’s most eye-catching projects. Their high standards in terms of construction and maintenance, combined with the spectacular waterfront locations, makes this development a clear winner.

Things to consider for those investing in off-plan properties in Dubai

What to keep in mind while investing in off-plan properties in Dubai — Be aware of what goes into investing in off-plan properties in Dubai before making that commitment

Set out your objectives clearly in terms of budgets and expectations. If you are planning to invest under AED 1M, your best option is a studio in Palm Jumeirah with a net return of 7-8%. With more capital, a villa in Arabian Ranches in the AED 1-2M range will be a better option for higher longterm rental yields. It’s also one of the best areas to live for families in Dubai, ensuring a steady investment interest in the area.
Pay close attention to the developer: buy off a developer with a solid reputation for delivering on time and maintaining the development to high standards on completion.

About Luke Remington

With over 19 years of experience in the property market, Luke Remington is one of the leading experts in Dubai real estate. An award-winning agent from Britain, Luke was lured by the challenge of working in one of the world’s leading real estate destinations when he moved to Dubai in early 2012. Within the year, Luke and his business partners setup haus & haus, a contemporary real estate agency in Dubai, catering to the diverse population of the city. His positive management, can-do attitude and engaging leadership style have been instrumental in turning haus & haus into one of the most respected real estate agencies in the country.

About haus & haus

A boutique-style agency specialising in Dubai properties, haus & haus opened their doors to the city’s elite in 2013. Since then, they have built a strong reputation as discerning property experts, helping the city’s diverse population find their dream homes.

Check out the haus & haus properties on Bayut, and you will realise why the city loves this contemporary real estate agency!

Share22