Benefits of investing in real estate in Port De La Mer, Dubai
Ubay remains one of the most attractive metropolitan areas in the world, considered for buying overseas real estate, both for moving to permanent residence and as an investment. But if its areas, such as Palm Jumeirah or Dubai Marina, are known even to those who have yet to see the UAE’s advantages clearly, then Port de La Mer is only gaining popularity. Consider what the advantages of this area are and why it is worth to buy property in Port de La Mer, UAE.
Area features
The community is located in the prestigious coastal area of Jumeirah 1. The development of the territory is carried out by the developer Meraas. The project includes already commissioned low-rise residential complexes, townhouses, and facilities under construction. The apartments have one to four bedrooms, allowing you to choose the best format for any budget and goals. The development plan includes a large marina, several hotels, and a private beach. Jumeirah Public Beach is a 10-minute drive away.
While the area is under development, schools, kindergartens, and hospitals are located in neighboring communities at a distance of about 10 minutes. The community is adapted for the comfortable living of a wide social audience. It is suitable for retirees who prefer a peaceful lifestyle and families with children or young professionals.
Selecting a suitable area
The choice of the area when buying flats in Dubai depends on many aspects, the main ones being the cost of objects and the purpose of the purchase. The average ROI is 5.5-6%, while some areas and projects may offer ROI between 7.6% and 8.4% per annum.
In 2021, buyers and investors were looking for property in Dubai that combines quality, a high level of comfort, and a convenient location relative to key locations in the city. Wealthy clients who wanted to invest in premium apartments and villas preferred popular areas: Port and Arabian Ranches. Let’s take a closer look at these areas.
Attractive climatic conditions are just one of the reasons to buy an apartment under the sunny sky of the UAE. Dubai remains one of the fastest-growing metropolitan areas in the world, and it has everything you need for a comfortable life. At the same time, real estate is always in demand here since almost 90% of the population are ex-pats.
Benefits of investing in overseas property Port de la Mer
For the second year in a row, the Dubai real estate market has seen increased demand from foreign investors. Sales figures for the first quarter of 2022 have already exceeded the results of the same period last year. Among the causes to fund in Port real estate are:
- Exclusivity. A gated community on the coast provides a private lifestyle.
- Developed infrastructure. The growth scheme contains everything you need for comfort, from restaurants and shopping centers to playgrounds and swimming pools.
- Good location. In close proximity to the international airport. The central regions of the emirate can also be quickly reached.
- High-quality housing that fully complies with modern ideas about comfort.
The investment attractiveness of the area is supported by relatively affordable prices and the high profitability of housing. The tourist season in Dubai has no seasonal restrictions, and real estate is in demand all year round; it can be rented out and receive up to 5-8% of profit annually.
Real estate prices in Port de la Mer
All real estate types are known for investment by foreigners in full ownership. The pricing policy directly depends on the area and the number of rooms. A one-bedroom apartment can cost from $350,000. Apartments for sale in Dubai with two bedrooms cost from 500 thousand dollars. The highest cost is for five-bedroom townhouses, varying within 4 million dollars. You can get acquainted with the current sales offers on the official website https://www.axcapital.ae/.
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