8 Great Investments Under AED 5 Million
Dubai is one of the best cities in the world for property investment. It is one of the safest places to live, caters to a variety of lifestyles and offers generous returns on investment. You also get tremendous value for your money, with homes that are at least three times the size of what you would get in London, Hong Kong and New York for the same amount. The homes listed below are among the finest options in Dubai and at under AED 5 million, give you quite a low investment threshold.
Downtown Dubai has always been a sought-after investment destination, sitting at the heart of the city and offering consistently good yields. This apartment is part of the relatively new Address Sky View that forms the gateway to Downtown, with five-star hotel services, one of the city’s highest infinity pools and incredible views of Dubai.
The very centre of Downtown and the tallest building in the world, Burj Khalifa is often known for its lavish penthouses. However, Burj Khalifa also contains several apartments that would be very suitable for investment. This particular unit, which is on a high floor and features beautiful furniture by Roche Bobois, is quite a prime option.
Jumeirah Park is a quiet suburban community on the southwestern edge of Dubai that has seen an uptick in popularity over the course of this year. It contains a selection of beautiful family homes such as this villa, which features interior upgrades that only add to its value.
This villa is located in Flora, one of the beautiful residential communities in Damac Hills. The home is located near the championship Trump International Golf Club, and has proven to be very popular amongst new residents this year who are seeking a quiet haven far from the thrumming crowds of the city.
As one of the newest projects on Palm Jumeirah, Soho Palm offers quite a lot for prospective residents at a very good price point. Contemporary design and world-class amenities come together on one of the most highly prized beachfront locations in the whole city. The availability of apartments is quite limited as a result, with several investors nabbing them up quite soon after they were launched.
Shoreline Apartments, Palm Jumeirah - AED 2,950,000
Shoreline is one of the most well-known apartment complexes on the Palm, stretching alongside the main roadway of the island. This particular apartment is very spacious and has been fully upgraded with new floors, lightings, paintwork, fittings and kitchen appliances. It is a fully turnkey unit, and would be a perfect fit for tenants who work around the Media City or Internet City area, or even the Marina.
Family communities are always a very prime investment option in Dubai, and increasingly so this year as families seek the privacy and tranquility they offer over an apartment block. This beautiful villa is located in Saheel, one of the neighbourhoods within the master community of Arabian Ranches. It has been extensively upgraded with beautiful new flooring and other design elements, all complemented by a spacious backyard.
Dubai Marina has consistently been among the top choices for investors for several years, with some of the highest yields of any area in the city. This apartment in Silverene Tower is quite large, with high-quality finishes and an excellent selection of amenities as part of the building. It benefits from a great location in the district, with easy access to the best dining and leisure options.
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