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Long-Term Benefits of Buying an Apartment in UAE

Long-Term Benefits of Buying an Apartment in UAE

Dubai always amazes the world with its marvelous development, extraordinary growth, and gigantic infrastructure. For adventure seekers, Dubai is a playground of thrilling experiences. The city provides an adrenaline rush for those craving excitement, from exhilarating desert safaris and dune bashing to water sports along the pristine beaches. Dubai’s real estate market has become the most wanted destination for those seeking unparalleled residential and commercial property opportunities.

Demand for property remains strong. Dubai continues to attract investors and new residents from around the world, keeping demand high for residential and commercial property.

This is according to data from Christie’s International Real Estate’s latest ‘Luxury Defined’ report, which shows that 75 percent of all property buyers in the emirate hail from abroad, making this the most active market for foreign real estate investors in the world. 

Investment in Apartments

Before buying or investing in properties in Dubai, one should make a clear mind of choosing an apartment or Villa Condo as per requirements and needs. However, a few perks must kept in mind before investing in Apartments with private pools in Dubai. 

Prices:

Properties in Dubai have a wide range of prices along with payment plans and installment options.  However, the apartments are the best choice if you have a limited budget or if you are looking to pay in installments. Developers in Dubai are offering tons of options for buyers that make an investment easy and profitable. 

Location:

There are some freehold areas and some leasehold areas for the expats and locals of UAE. However, Villas and townhouses are not available in all areas. Apartments are one of the highest supply these days, available in all areas and locations of Dubai. 

For example, if you have a fixed budget of AED 800,000 to AED 900,00 for buying 1 bedroom apartment, you can have many options in different areas including Jumeriah Village Circle, Arjan, Al Furjan, Al Jaddaf meanwhile if you will see Marina, Dubai Downtown or Palm Jumeirah you will see a clear difference of the prices for the same 1 bedroom. 

Maintenance:

Apartments are far easier to do the maintenance as many of the buildings have their own maintenance companies and will provide you with all the facilities from time to time. You don’t have to worry again and again about keeping your apartment well-maintained 

Also bear in mind that your DEWA or energy costs will certainly be greater for villas, specifically during the summer season, when the backyard requires plenty of water. 

Apartments with Private Pool Dubai:

Apartments in Dubai

It has been seen in the last few years that Dubai has evolved in many ways including the living styles, and infrastructures according to the demand and requirements of the buyers. 

Due to the high influx of expatriates in Dubai, developers are trying to introduce nearly every kind of property in Dubai such as Apartments, Duplexes, townhomes, and townhouses, with multiple architectural options. One of the most demanding options in 2024 is a Private Swimming Pool in Apartment. 

Imagine waking up in a high-rise apartment with a spacious layout, perfect interiors, and a private swimming pool on the balcony, with an ideal view of the Dubai skyline. 

Would It Be A Bad Investment for You and Your Family?

Investing in Dubai is a very right decision after the recovery period from COVID for many investors and homeowners due to many reasons, including luxury, a very flexible payment plan, security, stability of the economy, and investment security. 

Let’s take a closer look at why apartments with a private pool, are becoming one of the trendiest and most in-demand residential options in Dubai:

High Property Value:

Pool apartments are rated as luxury properties because of the reasons mentioned above. So, it’s no wonder these apartments command a higher rent compared to apartments without pools making excellent real estate investment opportunities, especially if you add to the equation the capital appreciation offered by off-plan property in Dubai. It can be a high-value real estate investment in more ways than one, and that’s why the demand for these apartments has increased.

Relaxation:

Just imagine the relief of being able to escape the unbearable heat by stepping out onto your balcony and diving into your private pool. This luxurious amenity not only provides comfort but also appeals to health-conscious individuals.

Status Symbol and Prestige:

Owning a private pool apartment in Dubai has become a symbol of status and prestige. It signifies a lifestyle associated with success and sophistication, appealing to individuals who value luxury and exclusivity.

Maintenance:

It has been observed that most of the apartment owners prefer to have their private pool instead of having a shared swimming pool because of many reasons and one of them is cleanliness and maintenance. According to buyers, it is easy to keep your swimming pool clean and maintained for the family because of many hygienic reasons. 

People with children mostly prefer to have their own space and private Swimming pool rather than community pools. If you have children, you can consider some safety features like pool fencing, alarms, and safe water levels that you cannot do freely in shared swimming pools.

Projects with Private Swimming Pool in Dubai: 

  • Parkwood Residences in Jumeirah Village Circle
  • Peace Lagoons by Peace Homes in Dubai Residence Complex 
  • Vincitore Aqua Dimore, Dubai Science Park, Dubai 
  • Elitz by Danube, Jumeirah Village Circle
  • Samana California 2, Discovery Gardens 
  • Samana Portofino at Dubai Production City

Samana Portofino with Private Swimming Pool: 

As mentioned below many projects are coming up with a private swimming pool in Dubai but SAMANA developers are one of the famous developers with this unique idea. Samana Portofino is a unique project in Dubai’s production city. It has amazing designs, layouts, and a private swimming pool that one can buy.

With all the amazing and high-end facilities provided in Samana Portofino, the project is also a good choice for investment purposes as it provides a flexible payment plan for the buyers.

Eastern Housing UAE is super excited to offer one of the latest projects by SAMANA PROPERTIES. We are committed to delivering amazing services to National and International Clients. We aim to find the dream home and provide clients with knowledge of luxury living in Dubai. Contact us to learn more about Dubai real estate investment opportunities and new developments.

Detailed Analysis from Eastern Housing UAE on Good Investment in Dubai

Property prices are affordable. Dubai real estate prices have stabilized after a period of decline, making property affordable and offering good value for buyers. New developments are launching. Exciting new projects are set to be completed or launched in 2024. New developments often attract strong interest from buyers, and early investors can benefit from good pricing and returns. 

New developments are offering attractive payment plans and incentives for buyers. Many allow you to pay over several years with no interest, and some even offer free maintenance and service charges for some time. Interest rates in Dubai are at historic lows, making mortgages very affordable. Lock in a low rate now before rates start rising again. Low interest rates also mean more buying power for your cash. 

According to a recent analysis by Emirates NBD, interest rates in the UAE are expected to remain at current levels or edge even lower in 2024. Their economists forecast the key UAE Central Bank base rate to stay flat at 1.75% for the foreseeable future. Fixed mortgage rates are averaging between 2.5% to 3.5%—down from over 5% just a few years ago. 

The UAE government has recently introduced relaxations to the Golden Visa program, granting long-term residency to individuals seeking to live, work, invest, conduct business, or establish their ventures within the Emirates.

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