Two Locations Where You Can Get an Apartment for Sale in Dubai
By: John Garcia | Date Posted: November 28, 2021
Table of Contents
Apartments can be advantageous for landlords to purchase and then lease out. This is because there are less likely to be expensive repairs to be made to the property, fewer people that inhabit the apartment, and more.
It is far easier to collect the rent of a few roommates than it is to collect the rent of an entire family, mainly because the rent paid at villas are so expensive, while apartments have more affordable rent.
If you are a landlord at villas, you know how expensive it can be to maintain an apartment, the hassle that families may put you through if they do not want to pay until repairs are complete, and more.
These can all damage your reputation, and it is much easier for a family with children to damage it than just a single roommate.
If you would like to have a path of least resistance as a landlord, the apartment is the way to go.
It will be much easier and cheaper to make any necessary repairs, much easier to collect the rent, and you will have a body of work for your reputation should one of the tenants try to smear your good name.
If you think that being an apartment landlord is easier than being the landlord of a villa, then read on to discover two locations where you can get an apartment for sale in Dubai.
Dubai Production City
Dubai Production City is known for its unique, low-rise residential buildings and modern, serene neighborhood. Apartments for sale in Dubai Production City will be of the studio and 1-bedroom variety.
1-bedroom apartments will also have 1-2 bathrooms. Most apartments leased to tenants will be unfurnished.
Dubai Production City is located close to the main highways of Mohammed Bin Zayed Road and Emirates Road.
It is also near golf courses and opposite Meaisem City Center.
A typical apartment for sale in Dubai Production City will come with a barbecue area, childrenās play area, and jacuzzi.
The kitchen will be either open or closed plan and will come fully fitted and equipped with appliances. Apartments will also have at least one balcony, built-in wardrobes, central air and heating, an intercom system, and, in some cases, a free chiller.
Tenants who rent here will receive a concierge service.
The neighborhood of Dubai Production City has a bank with an ATM and a shopping mall. For those who like to stay physically fit, there is a gym and health club.
For those who like to play sports, there are tennis courts and squash courts and a shared swimming pool. Residents can relax in the sauna and steam room.
Those with children can send them to the nursery or the school and play with them in the public parks. There is a mosque in the neighborhood for the religious. Finally, the area is served by public transportation.
An apartment for sale will cost between AED 286,000 and AED 650,000, while tenants can expect to rent them for between AED 16,999 and AED 65,000 annually.
The average tenant in Dubai Production City is likely to be from the middle class and have a job.
Dubai Creek Harbour (The Lagoons)
The waterfront development of Dubai Creek Harbour (The Lagoons) is home to the Creek Marina, Creek Canal, and Creek Beach, but is perhaps most famous for its wildlife sanctuary and Creek Tower Bridge.
It is located within driving distance of the Burj Khalifa ā the worldās largest residential tower ā Dubai International Airport, and Dubai Square.
It is also near the main road of Jumeriah Road and the main highway of Sheikh Zayed Road.
The standard apartments in Dubai Creek Harbour have 3-4 bedrooms and 3-4 bathrooms and come partially or fully furnished.
These apartments are also known for their carpets, solid wood and marble floors, and upgraded interiors.
The typical apartment for sale in Dubai Area Creek Harbour comes with a barbecue area, a childrenās play area, a driverās room, a gazebo, an outdoor entertaining area, a jacuzzi, a laundry room, a maidās room, a storage room, and a study.
The apartment will also have a fully fitted kitchen with white goods. There will also be at least one balcony, central air and heating, and an intercom system.
Finally, a typical apartment for sale will come with a private garage, a private garden, and, in some cases, a private swimming pool.
Get an Apartment for Sale in Dubai
Tenants who rent in Dubai Creek Harbour will usually receive 24/7 security, concierge, and maintenance services. They will also have direct beach access and a marina berth. Finally, they will have access to a business center, laundry service, and, in some cases, a valet service.
The neighborhood of Dubai Creek Habour has a bank with an ATM, restaurants, a shopping mall, and shops. For children, there is a nursery and school, as well as a public park.
Those who like playing sports will enjoy the basketball court, golf club, clubhouse shared swimming pool, sports academies, and squash and tennis courts.
For those who like to relax, there are communal gardens, a sauna, a living room, and a yoga studio. Those who want to stay physically active will enjoy cycling tracks, fitness centers, gyms, health clubs, and walking trails.
There are also multi-purpose halls. A mosque will cater to religious needs. Those that have guests can invite them to stay a the luxury Palace Hotel in the neighborhood. Finally, the area is served by public transportation.
For those who wish to buy apartments, there are payment plans available, as well as free property management services. In some cases, the registration fee will be partially waived.
Landlords can purchase these apartments for between AED 860,00 and AED 2,700,000, while tenants can be expected to pay between AED 16,999 and AED 65,000 in annual rent.
Tenants who rent here will likely be upper-middle-class with jobs or retired people.
Conclusion
Dubai Production City and Dubai Creek Harbour serve different tenants.
Tenants in Dubai Production City are likely from the working middle class, while tenants in Dubai Creek Harbour are likely from the working, upper-middle-class, or retired persons.
If either of these demographics appeals to you, now will be a perfect time to get an apartment for sale in Dubai!
Thank you for reading!
