Global Properties is a premier real estate aggregator, offering an extensive array of property listings in the UAE. Boasting over 549 properties in Dubai Harbour, UAE and a diverse selection of other real estate options, this platform provides a comprehensive solution for foreigners seeking to invest in property in Dubai. The aggregator facilitates seamless browsing, allowing users to effortlessly filter their searches by location and budget, ensuring that they find the perfect housing unit.
One of the key features of Global Properties is its user-friendly interface, designed for effortless navigation and efficient real estate searches. Whether you're looking for apartments in Dubai or other types of properties, the platform provides detailed information such as price, layout and descriptions, enabling informed decision-making.
Additionally, this platform offers direct communication channels between buyers and sellers, enabling potential buyers to contact sellers directly for inquiries or to initiate the purchase process. With a currency converter, multilingual translations and real-time price updates, users gain access to accurate and up-to-date information regarding property for sale in Dubai Harbour. The platform also provides personalised assistance and guidance throughout the buying process, facilitating easier navigation of the city’s real estate market.
- Minimum cost of property in Dubai Harbour: USD 9732113
- Maximum price: USD 20.9 million
- Minimum area: 69 m2
- Largest area: 960 m2
To secure a residency visa in the UAE through real estate investment, individuals must invest in apartments or villas in Dubai valued at a minimum of AED 1 million, which is roughly equivalent to USD 272,250. This investment opens the door for them to apply for residency, contingent upon meeting the necessary legal requirements and obtaining consent from the appropriate regulatory bodies. This method provides a direct avenue for investors aiming to live in the UAE.
Property in Dubai Harbour
In the heart of a city renowned for its architectural marvels and bustling markets, lies a serene yet vibrant waterfront community that epitomises luxury living. This neighbourhood, nestled between the iconic Palm Jumeirah and the lively Bluewaters, offers an unmatched lifestyle with its panoramic views of the Arabian Gulf and a host of world-class amenities. Spanning an area that serves as a testament to modern infrastructure and architectural ingenuity, the locale is conveniently situated midway between International Airport and Al Maktoum International Airport, ensuring easy access for both residents and visitors alike.
The market of real estate in Dubai Harbour is witnessing unprecedented growth, with residential property prices witnessing a significant upsurge. A report from Knight Frank indicates a 17% increase in residential real estate prices annually, marking the 10th consecutive quarter of expansion. Moreover, the total transactions in this vibrant real estate market have also seen a notable rise, reaching AED 44.67 billion in August, a clear indication of strong demand and robust economic development.
For those in pursuit of luxury, the rental market here caters to a demographic that appreciates premium living spaces offering splendid views. Investors can anticipate rental yields ranging from 5.5% to 6.7%, as per insights from M&M Real Estate. This promising yield underscores the area's attractiveness to those seeking high returns on investment.
Reasons for investing in property in Dubai Harbour
Investing in real estate for sale in Dubai Harbour presents a multitude of benefits, making it a wise choice for those looking to capitalise on a thriving market. Here are some compelling reasons to consider:
- Exceptional Growth: The market in this neighbourhood has demonstrated strong and consistent growth, rendering it an attractive option for investors seeking lucrative returns;
- High Rental Yields: With rental yields ranging between 5.5% and 6.7%, investors can anticipate a steady income stream from their investments;
- Strategic Location: Its strategic position, bordered by the city’s most iconic landmarks and equidistant from the city's two major airports, adds to its allure and convenience;
- Premium Amenities: The neighbourhood boasts a plethora of facilities, including a 135-metre-tall lighthouse with an observation deck, luxury residences, a luxury hotel, an 81,290 square metre shopping mall and a yacht club. These amenities not only enhance the living experience but also contribute to the overall value;
- Tourist Attraction: As a major infrastructure project aimed at bolstering tourism, the area promises a continuous influx of tourists, further increasing demand for luxury accommodations and services.
Buying real estate in Dubai Harbour
When contemplating purchasing properties in Dubai Harbour for investment, potential buyers and investors have a powerful ally in Global Properties, a comprehensive real estate aggregator. Global Property streamlines the process of buying properties not only in this picturesque waterfront neighbourhood but also across the city, offering unique advantages:
- Wide Selection: Gain access to a broad portfolio of properties, from luxurious apartments to sprawling villas, catering to a variety of preferences and budgets;
- User-Friendly: An intuitive platform that streamlines the search process, making it effortless for buyers to find their dream property;
- Market Insights: Valuable insights into market trends, investment potential and projected rental yields to guide decision-making;
- Local Expertise: In-depth knowledge of the city’s real estate landscape, ensuring buyers receive informed advice on their investment choices.
In a city renowned for its cultural diversity and architectural marvels, this neighbourhood stands out as a testament to luxury, convenience and investment potential. Whether it's the breathtaking views, the strategic location or the high rental yields, the reasons to invest in this waterfront community are as diverse as they are compelling. With the support of platforms like Global Properties, navigating the vibrant real estate market of the UAE becomes an effortless and rewarding endeavour.