Best areas for investment

23 May 2024

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Let’s explore which areas are most advantageous for purchasing an apartment for future rental or resale.

Coastal areas

The top locations are situated along the shores of the Persian Gulf. Prices for towers by the sea increase rapidly due to the immense tourist demand. Even during crises, seaside projects remain resilient. Here are the hottest districts and links to new projects within them:

• Dubai Marina: Kempinski Marina Residences;

• Palm Jumeirah: Ela Residences;

• Maritime City: Nautica.

Business districts

Following closely are the business districts of Downtown and Business Bay. While they are located 15 minutes away from the beaches, they boast Dubai’s main attractions – Burj Khalifa, Dubai Opera, Dubai Mall, the famous Dancing Fountains, and miles of promenades along the Dubai Canal.

In Downtown, we recommend the 25H Heimat project, which features swimming pools, a spa, a rooftop lounge, and views of Burj Khalifa. With over 40 amenities, it’s the most club-like project in the area. In Business Bay, the investment project Rove is currently under construction, offering small units along the Dubai Canal, perfect for subsequent rental.

Promising areas

Dubai is still quite young by city standards, which means there are promising areas that might one day compete with Downtown for the title of the city's center. For instance, Creek Harbour, where a landmark comparable to Burj Khalifa is expected to be built, or the Dubai Islands archipelago in the Persian Gulf, where new developments are just beginning to emerge.