THE MOST PROFITABLE LOCATION TO INVEST IN DUBAI; DUBAI MARINA AND BUSINESS BAY:

Business Bay and Dubai Marina are the two most sought-after locations for investment. Dubai Land Development has statistics that proved that these two places have been in huge demand for the last half of this year, and they will continue to be so in the future as well.

Whether its real estate investment or hotel marketing, it all works well and reap major profits if the target area is Dubai Marina or Business Bay.

Around 1,934 transactions were made regarding real estate investments in business bay. This amounted to AED 4.2 billion ($1.1bn) in the initial month of this year.

With Dubai Marina, it was 1.445 transactions regarding real estate investments that were valued at AED 2.9 billion ($790m) in the initial months of this year.

Dubai Marina also locked in a massive number of mortgage dealings that accumulated to a grand total of AED 1.7 billion ($463m).

These statistics are enough to prove that Dubai Marina and Business Bay are at the top of the list of investors as well as potential buyers.

Other potential locations to invest in a profitable future in Dubai are:

  • Al Merkadh
  • Al Barsha South
  • Al Warsan 1
  • Jebel Ali First
  • Al Hebiah Fourth
  • Al Thanayah 5
  • Burj Khalifa
  • Al Yelayiss 2

Most potential investors are the resident of Dubai, as they already have a 10-year visa. Ever since the penalty, of 4% if the investor fails to register within 60 days, has been revoked, the investors find it easy to invest and reap benefits.

Granting investors a ten-year visa has given them many potential investments. Everyone seeks to invest in a stable environment with the government with them having their back.

International buyers:

Locals from the GCC have been reported to have bought around AED 11.6 billion ($3.1bn) worth of real estate property in Dubai. This makes it the biggest deal in the history of real estate within a period of six years.

From January to the month of June, the real estate market in Dubai has locked in AED 111 billion in businesses from international investors.  AED 40 billion alone came from successful sales whereas; around AED 57.6 billion came in through mortgages, and approximately AED 13.4 billion were collected with the same regard of business.

Emirati locals were reported to have invested around 2,986 deals that accumulated to a total of AED 6.8 billion. Indian investors aren’t far behind; they secured the second position by investing a total AED 5.9 billion. This position was chased by Saudi Arabian investors who make investments that had the approximate worth of AED 3.7 billion.

Other top investors were spread over the globe including investors from

  • Pakistan
  • Britain
  • China
  • Egypt
  • Jordan
  • France

For investors all over the world, Dubai is like the ultimate gold mine. Everyone wants a part of it. With more and more development projects, there is no scarcity of places to invest in Dubai.

Top places to invest and double your investments would be Dubai Marina, JVC, Business Bay, and Downtown Dubai. Best projects to invest in would be either real estate or hotel rentals. Buy a hotel room and let the hotel take care of the renting, marketing, maintenance as well as the rent. You will get a big chunk every time someone rents out the room. It’s a great one-time investment without any hassle.

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