Dubai Creek Tower and Burj Khalifa are just two of the impressive buildings that can be found in the best places to buy real estate in Dubai in 2023.

1. Palm Jumeirah

The Palm Jumeirah development is one of the best places to invest in Dubai because of its upscale location and exciting developments (Palm Beach Residence and Raffles). Prices for apartments in Palm Jumeirah have also remained steady, with 1-bedroom apartments costing AED 2.14m and 2-bedroom apartments costing AED 2.58m. There are also three-bedroom villas available for 6.2 million AED in Palm Jumeirah.

• Palm Jumeirah: 2,000 transactions worth AED 17,711M

2. Downtown Dubai

In Downtown Dubai, you'll find high-rise apartments like the Dubai Mall, Burg Khalifa, and Mohammed Bin Rashid Boulevard. The Burj Khalifa is one of the world's most popular tourist attractions. Studios usually sell for AED 920,000, while 1-bedroom apartments are around AED 1.45m.

3. Jumeirah Village Circle

Due to its proximity to Dubai Marina and Jebel Ali, Jumeirah Village Circle is still very popular with investors despite its great location. In comparison to Palm Jumeirah and Downtown Dubai, one-bedroom apartments usually sell for approximately AED 740,000, and two-bedroom apartments for approximately AED 1.1m.

4. Dubai Marina

A favorite destination for investors, Dubai Marina features high-rise apartments, villas, as well as restaurants and retail establishments. The average price for a 1-bedroom apartment is 1.15 million AED, while the average price for an apartment with 2 bedrooms is 1.9 million AED.

5. Meydan

The development of Meydan was created by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai of the United Arab Emirates.

It is part of the project that Dubai will become a global business hub by bringing world-class horse racing to the city as part of the project.

6. Business Bay:

Dubai's Business Bay offers a comprehensive infrastructure to promote business and trade in the heart of the city.

With the Burj Khalifa standing as the world's tallest tower next to Dubai International Financial Center (DIFC), this location makes it ideal for foreign investors.

With over 240 towers in Business Bay Dubai, you'll find top-of-the-line buildings that provide top facilities with shell and core or semi-fitted offices. In addition to residential apartments, penthouses and stunning garden villas are also available in most towers, so if you're looking to buy or rent a commercial office here, you have many options.

What are the benefits of investing in Dubai?

With its tower and palm tree-shaped archipelago, it never fails to enchant and amaze. Expats and employees in Dubai aren't the only ones interested in living and working in Dubai, and investors are also looking to invest in the property market in Dubai.

DUBAI PROPERTY INVESTMENT BENEFITS

Additionally, Dubai boasts one of the world's fastest-growing economies, an unmatched property portfolio, and some of the best property returns available anywhere in the world. 

There are a number of reasons why investing in Dubai property is a good idea right now. Here are a few of them.

Investing in luxury areas in Dubai has gained traction in the 2019 Q3 property market report by Bayut. According to the report, buying properties in desirable areas will yield a higher return on investment than buying properties in less desirable areas. Dubai Marina is the most popular neighborhood in Dubai to buy apartments, followed closely by Palm Jumeirah, according to the third quarter property price analysis.

LUXURY HOMES AT AN AFFORDABLE PRICE

Luxury homes in Dubai are significantly cheaper than those in Hong Kong, London, and New York, according to the Knight Frank Wealth Report for 2019. As a result of the availability of prime properties similar to and surpassing those found in these cities, any buyer interested in buying luxury properties in Dubai will benefit. A variety of luxurious apartments, villas, and penthouses are available in the emirate's luxury portfolio. Investors seeking villas may find these luxury-centric areas of interest in {Jumeirah Village Circle (JVC) and Emirates Hills.

How can Inchbrick Realty help you with your purchase?

We make finding the right Dubai property for sale easier with Inchbrick Realty! Browse through all the properties available and filter results by location, price, size, and more. Whether you find an apartment, villa, or office for sale in Dubai, Inchbrick.com can help you find it. Find out more about each type of property available on our website.