Dubai’s popular apartment buying areas – March 2017

Dubai’s real estate market has been an attractive destination for realty stakeholders for a number of years. Offering benefits like lucrative rents, location that is at the junction of east and west and superior returns on investment, Dubai is a true desert oasis in the midst of a vital business region of the world. These are some of the reasons why seasoned and first time investors consider Dubai’s real estate a hot commodity. Besides, Dubai is ideal for people looking to live in a city that is both modern and highly liveable. Many who arrive in Dubai look for suitable apartments to begin their journey of discovering life in the city. So for those on the lookout, Bayut highlights the areas that are currently most popular with apartment buyers in Dubai.

Dubai Marina

Defined by waterfront assets, promenades, man-made wonders and social happenings, Dubai Marina truly deserves the top spot on the list. In March 2017, Marina received 19% of the queries intended for apartments on sale, landing it the first position. Living in Marina is akin to rubbing shoulders with who’s who of the city and being in the midst of social activity the year around. Besides, it offers extensive running and cycling tracks that are a boon for active individuals. Quality restaurants, high-end shopping, entertainment avenues, quality structures; Dubai Marina has it all. Apartments in Dubai Marina are highly recommended for those who live life like an adventure every day.

Downtown Dubai

Having received 17% of the inquiries, the glamorous Downtown Dubai was the second most popular area for apartment buyers in March. Downtown Dubai is truly a magical place with wonders like the Burj Khalifa, Dubai Opera and the Dancing Fountains. It’s the place for high street fashion, frequent celebrity sightings and festivities that occur throughout the year. Besides being the it place in Dubai, it is also a practical residential area. It is centrally located, connects with all other areas of the city with ease and close to old and new business hubs that are Bur Dubai and Business Bay. Although it’s a bit pricey, but the premium apartments in Downtown Dubai command is merited.

Jumeirah Lakes Towers (JLT)

JLT, an ideally located community offering amenities comparable to Dubai Marina’s, was third in popularity ranks in March. If you are looking for good living coupled with affordability, JLT is the place to head to. Apartments in JLT are of good quality and accessibility is easy thanks to two metro stations. It has beautiful manmade lakes, walkways, cycling and running tracks and vast green spaces that are sight for sore eyes. Good infrastructure, excellent roads and communications network and proximity to key areas is what sets JLT apart. Besides, properties in JLT remain in high demand all year and provide excellent RoI, making the area an investors’ paradise.

Dubai Silicon Oasis

The fourth position on the list went to Dubai Silcon Oasis (DSO), a community in the western suburbs of Dubai. This community is fast becoming popular for being a truly serene residential township that is high on facilities and amenities. Be it villas or apartments, properties here are of high quality and come with quality fixtures and fittings. Accommodations nestled between swathes of green make living in the community is a pleasant affair. And apart from quality accommodations, DSO is home to quality office towers, R&D and industrial zones and several good educational institutes.

Jumeirah Village Circle (JVC)

The inspiration for JVC had its roots in the traditional layout and sense of community found in villages, hence the name and design. All residential blocks and streets in JVC converge at a central community centre, portraying a sense of unison. Residences in JVC come with all amenities needed for modern living, while the locality offers ample avenues for outdoor activities. Although its in the suburbs, residents can access JVC through the main Al Khail Road and Mohammed Bin Zayed Road. It is right next to Dubai Sports and Motor City that offer plenty of restaurants, sports facilities and entertainment venues. Therefore, JVC is a complete community that is big on space, greenery, practicality and affordability, justifying its rising popularity with buyers.