Villas are becoming an increasingly popular and profitable type of real estate in Dubai. Depending on the area, you can expect an ROI of up to 8.5%. Villas are particularly popular with families with children, and after the forced lockdowns during the pandemic, this type of property has become more in demand. Villas offer owners privacy, spacious areas, and multifunctional rooms. Most options come with a garden and pool.
If you want to receive a stable income, buying a villa will be a reliable investment option. And the specialists of the Metropolitan Premium Properties company will help you choose the right option and go through all stages of the transaction with professional support - if necessary, our employees will independently solve legal and documentary issues.
After the adoption of the Property Law in 2002, foreign citizens were given the right to lease and purchase real estate in specific zones in Dubai - Leasehold and Freehold.
Leasehold is a zone where you get the opportunity to own property on terms similar to long-term leasehold. According to the contract terms, the maximum period of property ownership is 99 years. You can do the renovation or reconstruction as per your taste. You can also generate income by subleasing the villa.
As for the villas in Freehold zones, the owners of this property have the right to fully dispose of their property. It can be passed on as inheritance, rented out, gifted, or sold.
Currently, both ready-made and off-plan options are available on the market in the Emirates. The cost of real estate during the construction stage is approximately 30% lower compared to options that are ready for occupancy.
There are many options for this type of real estate in the Dubai market, both budget-friendly and luxury villas. As of the end of July 2023, real estate is available in exclusive communities such as DAMAC Lagoons, Sobha Hartland II, Arabian Ranches III, Dubai Hills Estate, Emirates Hills, and many others.
Almost all villas are located within closed communities such as Arabian Ranches, Cherrywoods, DAMAC Hills, Dubai Hills Estate, and others. Residents of these communities are offered a full range of services, spacious private areas with parks, running and bicycle paths, swimming pools, children's playgrounds, and more. This provides maximum privacy, and the privileged location allows for quick access to central areas of Dubai.
These communities are located along major highways, and it takes no more than 40 minutes to get to international airports or the center of the Emirates - Downtown Dubai. Owners can live in family-oriented residential areas where all the necessary infrastructure is nearby - schools, medical facilities, shopping centers, and more.
Meydan Group's new gated community, District 11 Opal Gardens, offers four-bedroom townhouses and semi-detached villas, as well as separate luxury villas with 4-6 bedrooms, situated around a crystal lagoon with white sandy beaches.
Ohana By The Sea is a new exclusive project in the prestigious Ghantoot area, developed by Ohana Development.
Maha Villas from Expo City Dubai is a new project that will be an exclusive addition to the elite real estate in Expo Valley.
The first phase of construction, Palmiera, has been launched in the new grand complex, The Oasis, by Emaar Properties.
Sarai from the company Arada is the fifth phase in the luxurious forest mega-community of Masaar in Sharjah.
Jouri Hills is a complex located in the Jumeirah Golf Estates area by developer Arada.
According to the results of the first half of 2023, villas in Jumeirah and Jumeirah Golf Estates demonstrate the highest level of profitability. Here, the ROI is 8.4% and 7.6% respectively.
Palm Jumeirah is traditionally considered the most popular area among luxury property tenants. The average villa payback in this area is 4.5%. Premium properties in communities such as The Meadows, Living Legends, DAMAC Hills, and DAMAC Hills 2 also demonstrate high ROI rates.
The first stage in buying a villa in Dubai is selecting a suitable option. To find a residence that meets your requirements and budget, it is recommended to seek assistance from experienced agents.
Metropolitan Premium Properties has many employees who are ready to provide detailed information about the features and trends of the real estate market in the emirate and help with negotiation process. Our specialists will prepare the entire package of documents and accompany you throughout the entire deal.
The buying process includes:
During the purchase process, you can expect additional expenses:
If you are purchasing a villa on a mortgage, there is an additional DLD fee of 0.25% of the loan amount.
Currently, purchasing any type of property in Dubai is possible online, which makes this acquisition even more advantageous. Especially if you are not in the Emirates and are buying a villa as an investment.
You can earn money remotely by renting out your property with Property Management service.
Our experts will help you choose the best. You will get full information about the object you are interested in and the available layout options
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Senior Property Consultant – Metropolitan Premium Properties
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Chief Real Estate Investment Expert at Metropolitan Premium Properties
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Our experts will help you choose the best. You will get full information about the object you are interested in and the available layout options
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