Fasih Uddin
Founder I Sales Director
With each passing year, Dubai continues to strengthen its position as a hub for real estate investment. Investors who seek stability, growth, luxury and a greater ROI (return on investment) are constantly drawn to Dubai for the same reason.
The city is packed with areas presenting lucrative investment opportunities. Of these areas, Downtown Dubai emerges as a top destination when it comes to real estate investment.
Let us delve into the reasons why it is the case so, and why you should buy property in Downtown Dubai.
Hub of Iconic Landmarks
Housing some of the most enigmatic and iconic landmarks globally, Downtown Dubai has an unparalleled allure.
Burj Khalifa rests in the heart of Downtown Dubai, and is one of the most prominent attractions of both, the area as well as the city in itself. You’ll also come across Dubai Fountain there which is a charming light and water spectacle.
Moving on, you will find The Dubai Mall in Downtown Dubai. Laced with fine dining options, posh retail stores, indoor waterfall, beautiful aquarium and an indoor ice rink, the Dubai Mall is more than just another shopping mall.
Another notable attraction of Downtown Dubai is the Dubai Opera. A true architecture marvel indeed, the Dubai Opera often hosts an array of performances including concerts, ballet, theater and opera.
Souk Al Bahar is a conventional Arabian marketplace offering a modern twist. With lots of shops, cultural experiences and restaurants, this marketplace brings a very pleasant contrast to Downtown Dubai’s modernity. That explains why it is one of the iconic landmarks of the area.
Downtown Dubai is also known for ‘The Address Hotels’, a well-known brand of serviced residence and luxury hotels. You can even buy a luxury property in The Address Residence, and see it grow your revenue with time.
With these monumental landmarks in the area, owning a property here makes all the more sense.
Matchless Location
Downtown Dubai’s supreme location gives it an edge over other areas in Dubai, making it a great opportunity for real estate investment. Located in the centre of the city, it easily connects the residents to each and every corner of it.
The Dubai International Airport is on a 15-minute drive only so commuting back and forth from the airport to Downtown Dubai is quite convenient. Plus, there is always the Dubai Metro that makes commuting an absolute breeze.
If you are an investor, connectivity and accessibility are certainly important factors to consider for capital appreciation as well as rental income. You get both these comforts in Downtown Dubai.
Profitable Rental Yields
The district has a very strong rental market. It acts like a magnet for the international and local tenants looking for a comfortable, cosmopolitan lifestyle.
With the high demand for rental spaces in Downtown Dubai, the rental yields are quite high too. That makes the district a golden proposition for people aspiring to get rental income from their property investments.
Impressive Properties
From luxurious penthouses to splendid apartments to extravagant luxury villas, Downtown Dubai boasts quite a diverse and impressive property portfolio.
You will find properties featuring diverse sizes, designs and architectural styles that suit everyone’s needs and requirements. Also since the properties offer great returns on investment, it is certainly a shrewd move to buy property in Downtown Dubai.
Stellar Return on Investment
Research and studies show how Downtown Dubai has stayed consistent in delivering remarkable ROI on investment properties over the years.
Being a prominent district globally, it has a distinct appear for tourists and even residents which draws them towards it. Investors seeking a healthy capital appreciation often state Downtown Dubai as one of their first choices, and the district has never disappointed anyone in this regard.
Entertainment and Cultural Centre
Another important reason why you should consider buying luxury property in Dubai Downtown is its status as an entertainment and cultural hub.
Hosting art exhibitions, cultural events and live performances, Downtown Dubai offers a very rich cultural and entertainment scene. Naturally, this attracts tourists and residents toward it which automatically opens up investment opportunities.
Get Proper Help to Buy Property in Downtown Dubai
The discussion above clearly illustrates why Downtown Dubai is a true hub of real estatement investment in Dubai.
With that clarity, it is best to move forward with sufficient information and necessary guidance. As profitable as it is to buy property in Downtown Dubai, it is also crucial to ensure the process is seamless, legit and transparent.
Getting legal advisory services along with the assistance of an expert realtor from trustworthy companies such as Elan is critical to ensure you buy the best luxury property in Dubai Downtown.
