Emirates.Estate offer readers to consider the difference between villas and apartments, two of the most famous types of residential real estate in the capital of the UAE. When buying a property in Dubai, customers should pay attention to the location, accessibility, private territory, well-maintained garden and swimming pool.
Major Arab developers began to show activity during the preparation for Expo-2021. Their steps have positively influenced the number of high-quality villas and apartments for sale in Dubai at pleasant prices and in nice neighborhoods, expanding the already large range for buyers, tenants and investors who are looking for Arab profitable real estate in the UAE.
Difference between villas and apartments in Dubai
But what is the difference between these housing types and what should customers prefer? Unlike villas, apartments assume a neighborhood with other residents in the same building and are usually located in residential complexes with the common amenities on the territory of the complex.
Villas are concentrated mainly in areas with a low density of buildings and population. In addition, it is a separate private house, built, as a rule, on a large land plot with landscaped and well-maintained gardens, the amenities of communal life and the best view.
The choice between villas and apartments in Dubai, the UAE, depends on a series of individual circumstances, including a person’s ability to pay, way of life, purpose of purchase, family size and the expected streams of return on investment (ROI) for investors from all over the world.
Common trends of Arab rental housing market in Dubai
Before buying a property in Dubai for foreigners, they will have to decide exactly how they are going to use it. If foreigners buy flats in Dubai for private use, the housing purchase should be guided by private needs and buyer’s preferences, as well as the availability of a road interchange and suitable social infrastructure.
When buying rental real estate in Dubai, it is necessary to focus on the preferences of potential tenants and their needs. This is the area and type of housing, the number of bedrooms, schools, children’s institutions nearby, and so on.
When choosing a particular type of property for rent, it is quite important to focus primarily on the interests and needs of tenants. Moreover, if the nominal payback rates of private homes are higher, what is the sense if properties are empty.
Apartments and villas with three or more rooms are not so popular if you rent them for a short period of time. If you are going to rent a property in Dubai for less than a month, it makes sense to find more convenient alternatives with one or two rooms.
Most popular types of properties in Dubai
According to housing experts, two-room apartments were in demand in the UAE, as many foreigners and young families live and work in Dubai, and they do not need spacious apartments with several rooms or elite villas.
But one-room apartments, with their compactness and accessibility, are slowly becoming less popular among foreigners. It happens due to the overall two-year decline in property prices in Dubai. Now even tenants with a limited amount of money can buy a more convenient and larger house in the country. In addition, the difference in the cost of monthly rent of a studio and a two-room apartment is not so significant.
Talking about the certain locations, the central districts of Dubai typically and historically remain the most highly profitable and very favorable. They are:
- Business Bay;
- Dubai Creek Harbour;
- Dubai Marina;
- Bluewaters Island;
- Madinat Jumeirah Lives;
- Emaar Beach.
Two- and three-room apartments occupy the second place among overseas guests’ preferences. According to statistics, families with children visiting Dubai often choose apartments with two or more spacious and cozy rooms. The main points for them are the proximity of educational and medical institutions, as well as childcare centers and clinical hospitals. The best areas for buying two-room properties in Dubai are:
- Motor City;
- Jumeirah Lakes Towers.
Due to the well-known investment properties in Dubai, renting villas in Dubai is also a popular type of investment. Most often, tenants prefer to rent out such property in Arabian Ranches, Mira, Mira Oasis, Town Square, VillaNova, Serenia, Cherrywoods.
Four- and five bedroom villas are rarely rented out. But they also have their own fans. The most favorable places are the districts of Dubai Hills and Meydan One.
Two- and three-room villas are really in demand in the UAE among families with one or two children, as well as friends or co-workers who prefer to stay together for a while on their shared area.
You should keep in mind that the rental yield of a one- and two-room investment apartments in Dubai is barely the same thing, while the payback of a three-room villa is nearly 12% higher.
Villa market in Dubai
Arab villas in such districts as Palm Jumeirah, Marina, Downtown Dubai, Arabian Ranches and Barsha South are densely populated in the country.
The most favorable and appropriate actions are renting villas in Dubai for weekends and holidays or getting a permanent place of residence. But in the current market environment and the new global reality, it is quite hard to find a tenant who is able to rent a large villa for a month or more.
A villa often acts as a more isolated and cozy alternative to a hotel. Nevertheless, there are both pros and cons here. On the other hand, a private real estate has excellent privacy. On the other hand, the owners of rural houses are not able to provide round-the-clock service.
Emirates.Estate will help you buy a flat in Dubai
Buying apartments in Dubai occupies a large share of the UAE investment market due to a great variety of housing offers, a wide price range, a highly developed infrastructure in each district of the city, as well as other benefits that sellers are ready to offer their customers.
If you desire to make a profit, receive a stable monthly return on investment or get full and high-skilled consultation, you will find out all this and more on the Emirates.Estate portal.