Dubai is a bustling metropolis that is constantly evolving. In recent years, there has been a growing trend of families opting to live in townhouses instead of apartments. This is because townhouses offer more space and privacy than apartments while still centrally located. Real estate developers have responded to this demand by creating expansive townhouse complexes that include amenities such as swimming pools and playgrounds. These complexes are often located near schools and hospitals, making them an ideal option for families. If you are considering purchasing a property in Dubai, consider a townhouse – it may just be the perfect fit for your family.
Types of Townhouses in Dubai for Sale
Townhomes or townhouses in Dubai are usually confused with villas. However, this property type is somewhat different and traditionally constructed in communities or homogeneous clusters with communal facilities. Depending on the construction style, there are two categories of townhouses. First, you can select between semi-attached and attached units. The attached townhouses share a boundary on both sides.
This boundary or wall does not interface with the privacy of residents. As for semi-detached units, they share a border with another townhouse on one side. Semi-attached townhouses are primarily built on corner plots. Townhouses generally share a wall, whereas villas in Dubai are usually independent and standalone. Therefore, if you are hunting for townhouses for sale in Dubai, you can make your decision between semi-attached or attached units.
Investors can find a variety of ready-to-move-in townhouses in Dubai for sale. If you want to shift with your family, you can choose between 3, 4, and 5 bedroom homes, some of which are triplex units. There is a wide range of ready-to-move-in townhouses suitable for those who want affordable housing. These homes are constructed in clusters and display similar architectural styles with parking spaces and private gardens. You can also consider terraced townhouses that are priced higher than other options.
Reasons To Invest in Townhouses for Sale In Dubai
Real estate is a solid investment that can provide long-term stability and financial growth. And while there are many different types of property to choose from, townhouses offer a unique combination of space, privacy, and amenities. So if you're considering investing in a townhouse, here are three reasons to leap. First, townhouses offer more space than flats or apartments in Dubai, making them ideal for families. In addition to bedrooms and bathrooms, most townhouses also include a kitchen, living room, and dining area. This gives you the extra space you need for kids to play or adults to entertain.
Second, townhouses are typically more private than other types of multi-unit dwellings. Rather than sharing walls with your neighbours, townhouses are often side-by-side or have a small yard in front or back. This can provide greater peace of mind and increased privacy. Finally, many townhouses have amenities like swimming pools, gyms, and playgrounds. This can make them more attractive to renters and help you charge a higher rent. In addition, these features can add to the resale value of your property.
How to Buy a Townhouse in Dubai?
Foreign investors and potential buyers, prominent expats, are curious about many things while purchasing a townhouse in the city. However, the process is very straightforward as opposed to other countries. With the specific filters and labels on LuxuryProperty.com, it is clear to search for a suitable home. In Dubai, you can purchase a townhouse from the secondary market via a landlord and private seller or buy a townhouse off-plan straight from the developer. Expats wanting to invest in off-plan property must submit their passports through a reservation form highlighting the terms on the title deed.
The reservation fee is usually between 5% to 15% of the total property value. Next, a Sales and Purchase Agreement (SPA) will be signed between the two parties. The SPA outlines all the deal details, including the compensation if there is a delay and the completion date. Buyers and investors consider a townhouse for sale in Dubai due to the unbeatable comfort, convenience, and style offerings. In addition, purchasing a townhouse guarantees the identical privacy villas offer without breaking your budget.
Buyers in Dubai want to have their own parking space, space, and front yard at a cheap rate. Moreover, townhouse owners are also offered exclusive access to shared facilities, such as a gym, swimming pool, recreational activities, and much more.
ROI for Luxury Townhouses for Sale In Dubai
The highest ROI for townhouses is noted to be 6.4%. This was recorded in Jumeirah Village Circle, with townhouses ranging from 3 to 5 bedroom units. The Springs is also a promising option for investors, with an ROI of 6% for 3 to 4-bedroom townhouses. If you purchase a townhouses in Damac Hills, Arabian Ranches, or Dubailand, the expected ROI will be above 5%.