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Most popular freehold areas in Dubai for real estate investments

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Dubai is a sought-after destination when it comes to real estate investments. People come from far and wide to invest in the freehold areas in Dubai. Today, MyBayut brings you a list of top freehold communities in Dubai for 2019that can help you while buying a property here.

LIST OF FREEHOLD AREAS IN DUBAI 2019 

We have divided our list into two categories based on the housing units. The first category includes the top communities that offer apartments while the other consists of areas that have villas. This list of freehold areas in Dubai will help you choose a community based on your preferences.

TOP FREEHOLD AREAS FOR APARTMENTS IN DUBAI

There are plenty of communities that offer a wide range of freehold apartments for sale in Dubai.

Dubai Marina

Dubai Marina is the most popular freehold area in Dubai for those looking to buy apartments. The picturesque Marina is full of luxury yachts and beaches are located within walking distance of most of the district’s apartment blocks, making it appealing to people of all nationalities. The area is also teeming with restaurants, leisure and nightlife options.

All in all, the Marina is a great community, so it is no wonder that the apartments for sale in Dubai Marina continually take the top spot for potential buyers. If you are looking for an affordable investment property in Dubai Marina, you can pick up a studio for AED 800k, or, if money is no object, you can choose a 2-bedroom apartment in Dubai Marina. The most lavish of these flats will generally lean towards the AED 7-10M mark. Although some of these apartment buildings are several years old, there are also plenty of new flats for sale in Dubai Marina.

Dubai Marina is one of the top residential areas in Dubai that offer luxurious apartments and villas

Downtown Dubai

Downtown is the second most searched area for potential buyers looking at freehold areas in Dubai. It includes high-quality apartment buildings with state-of-the-art swimming pools and gyms. The area offers spectacular views of the world’s tallest building, the Burj Khalifa, and lies in proximity to The Dubai Mall, the world’s biggest shopping mall. If you are thinking of investing in Downtown Dubai, there are plenty of options to choose from. The price for a studio for sale in Downtown Dubai averages at AED 950k while that for a  2-bedroom flat goes up to AED 2.7M.

International City

International City is one of the lesser known communities in Dubai that has a lot to offer. Besides having a great portfolio of cheap apartments for sale in International City, there are also plenty of restaurants and other attractions in the community. It has over 296 apartments that feature carefully constructed bedrooms, kitchens, and balconies. The apartments for sale in International City are available at a reasonable price. Studios start from AED 235k, and prices rise to AED 995k for a 3-bed apartment in the newly- developed Warsan Village area of International City.

You can consider International City for buying freehold properties in Dubai

Jumeirah Village Circle (JVC)

When JVC was first built, only some investors spotted its potential, at the time, it was considered an outlying district. Soon, it grew in popularity and became one of the best freehold areas in Dubai.

JVC has community parks, restaurants and other facilities that you can rely on. It is great for families and people with pets as it offers them more space to move around in their homes. The freehold apartments in JVC in JVC start from AED 485k for a studio but the priciest according to current data is AED 2.9M for a 2883 sq.ft 3-bedroom flat.

PALM JUMEIRAH

Like Dubai Marina and Downtown, Palm Jumeirah is a distinctive development and perhaps the glitziest of all the freehold areas in Dubai. It is a palm tree-shaped archipelago jutting out into the Arabian Sea. It is home to stunning apartments, luxurious shopping malls, the iconic Atlantis Hotel, as well as a host of other five star resorts.

The apartments in The Palm are in high demand. You can snap up a studio for AED 1.1M or go all out with a luxury home that’ll go well over AED 50M!

Palm Jumeirah is a captivating offshore destination in the city that offers plenty of investment opportunities

Jumeirah Lake Towers

Commonly abbreviated to JLT, Jumeirah Lake Towers is situated on Sheikh Zayed Road, opposite Dubai Marina. It has various towers that are organised in 26 clusters of three buildings named from A to Z. The community has a range of clinics and hospitals and a series of supermarkets that ease up the life of residents. These facilities make it popular among locals and expats alike. The freehold apartments in Jumeirah Lake Towers offer some of the most reasonably-priced options in the emirate. Studios are available at AED 480k while 2-bed apartment average at AED 1.3M.

Dubai Silicon Oasis (DSO)

Next on the list of the top freehold areas for apartments is Dubai is Dubai Silicon Oasis, that offers many amenities. You can find corner shops, supermarkets, mosques, schools, nurseries, and a few spas in the area. DSO is ideal for families with children as it lies close to the Jumeirah Beach where little tods can enjoy various activities from swimming to cycling. The community offers a wide choice of properties but the most popular among them are studios, 1,2 and 3-bedroom apartments. Freehold studios in DSO are priced at an average of AED 350k while 2-bedroom apartments cost around AED 880k.

Business Bay

When it comes to top areas of Dubai for freehold properties, Business Bay has remained a consistent favourite. A mixed-purpose development with both commercial and residential properties, Business Bay also has a huge variety of lifestyle amenities including restaurants, gyms and spas. Located close to Downtown Dubai, the freehold apartments in Business Bay often feature stunning views of the iconic Burj Khalifa. Available in a variety of units, average prices for studios in Business Bay are at AED 732k, 1-beds are at AED !M and 2-bed flats are at AED 1.6M. The area is also popular with global investors as there is a good selection of serviced apartments for sale in Business Bay.

The residential complexes in Business Bay are popular with investors

Dubai Sports City

Yet another area that is extremely popular for freehold apartments in Dubai is Sports City. The area which is known for its low rise residential apartments has gained popularity with investors thanks to its amazing range of fitness facilities that cater to an urban audience. One of the most reasonable priced freehold developments in Dubai studios in Sports City average at AED 400k, 1-beds are at AED 620k and 2-bedroom flats go for AED 900k.

The apartments in Dubai Sports City are more affordable than most areas in Dubai

TOP FREEHOLD AREAS FOR VILLAS IN DUBAI

Here are top ten villa communities where you can buy 3,4 and 5-bedroom houses, with the exception of Emirates Hills, the only area offering freehold apartments for sale in Dubai with certain units going up to nine bedrooms!

Arabian Ranches

Developed by Emaar Properties, Arabian Ranches is a desert-themed development in Dubai spread over 6.67 million sq. m. It has a golf course, schools, hospitals and a retail strip that makes it a preferred destination for residents of Dubai. The community has various restaurants including the Victorian-themed Shakespeare & Co and plenty of Arab eateries.

The Arabian Ranches community is divided into three phases, Arabian Ranches 1, 2 and 3, offering you 3, 4 and 5-bedroom villas that feature swimming pools, gyms, and a barbeque area. The villas in Arabian Ranches often come with views of lush garden and fairways beyond. The average price of a 3-bedroom house in Arabian Ranches is AED 2.6 M while 4-bedroom villas cost you AED 3.8 M. For those who have larger families, 5-bedroom villas are also available for an average of AED 4.5 M. One of the first villa communities to offer freehold ownership in Dubai, the luxury houses in Arabian Ranches are still popular with investors.

Known for its villas, Arabian Ranches is a favourite with both locals and expats alike

Palm Jumeirah

Along with apartments, Palm Jumeirah has gorgeous luxury villas. The prices of villas in Palm Jumeirah range between AED 6.1M to AED 16.5M. These villas are spacious and come in three different configurations. A 3-bedroom villa is available at 6.1M while a 5-bedroom house can be bought for AED 16.5M.

Dubailand

Spanning 3M sq.ft., Dubailand is known for its eco-tourism projects, shopping malls, and theme parks. It has supermarkets, churches, temples, and mosques that add comfort to the lives of those living in the community. There are also some clinics and hospitals in Dubailand that you can head to, in case of an emergency. Apart from these amenities, the community also has a variety of casual and fast food options where you can unwind.

Dubailand offers tons of activities to both kids and adults to participate in. In terms of leisure activities, Dubailand is a matchless community. It is home to Dubai’s largest indoor theme park, IMG Worlds of Adventure that features thrilling rides based on iconic characters. There is an abundance of apartments, villas, and shops in Dubailand. The prices of freehold villas in Dubailand range between AED 1.3 M and AED 2.8 M.

Dubailand is one of the freehold zones in Dubai that has plenty of attractions for residents living in and around the community

The Villa

The Villa is one of the most popular neighbourhoods in Dubai that is preferred by both locals and expats. It has a community centre, play area, spa, and retail shops along with manicured gardens which are ideal for families with young children. This residential retreat, with all its amenities- schools, health care centres, churches, mosques, and supermarkets is a great community. You can also find malls and restaurants in The Villa. In terms of properties, there are many 4 to 5-bedroom freehold houses in The Villa priced averaging at AED 3.6 M.

THE SPRINGS

A quaint villa community, The Springs community has beautiful lakes, lush green landscapes, and beautiful houses that attract both tenants and buyers towards the area. Apart from the elegance of lakes and gardens, the area has an array of entertainment and leisure options for those looking to have a great time. It lies close to The Montgomerie Dubai that features an 18-hole championship golf course set against sublime surroundings.

Closer to The Springs is the Reform Social & Grill, Dubai’s first true gastropub that holds weekly movie nights. And the popular JBR is also at a 15 minutes’ drive away from The Springs so you can soak up the sun on the weekends while living in the community. According to our current data, the average cost of freehold villas in The Springs lies between AED 2.3 M and AED 2.6 M.

The Springs offers great freehold property for sale in Dubai

Mudon

Located in the heart of Dubailand, Mudon is one of the new gated freehold communities in Dubai that offers a great lifestyle. Residents get access to a nursery, health club, mosque, and multiple swimming pools while living in the area. The area also offers ample parking space and tons of transportation facilities, resolving the common commuting issues that most people living in other communities in Dubai face. Owing to these facilities, the freehold villas in Mudon offer good value for money. You can easily get a 3-bedroom villa at an average price of 1.5M at Mudon.

Arabian Ranches 2

Similar to Arabian Ranches (phase one), the community of Arabian Ranches 2 is a popular choice for buyers. Set in a tranquil landscape of the desert, this is one of the new freehold areas in Dubai, it offers 3,4 and 5-bedroom villas in its eight villa sub-communities including Lila, Palma, Rasha, Rosa, Yasmin, Samara, Casa, and Azalea. You can buy 3-bedroom villas in Arabian Ranches 2 at an average of AED 2.7M while a 5-bedroom villa will cost you an average of  AED 5.5M.

Emirates Hills

Aptly dubbed as Dubai’s Beverly Hills, Emirates Hills area is one of the best freehold communities in Dubai that embody luxury living at its finest. It is a peaceful community that keeps you away from the hustle and bustle of the city. You can tee off at Montgomerie Golf Club and shop at the malls located nearby. There are gyms and fitness clubs too in the area where health-conscious people can stop by! All of this can be availed by buying a six, seven or nine-bedroom villa in the community at an average price of AED 25M. The freehold villas in Emirates Hills are perfect for High Net Worth Individuals who are looking for bespoke homes that exude elegance.

Emirates Hills is quite possibly one of the modern architectural wonders of Dubai

DAMAC Hills

DAMAC Hills is known to be an upscale community developed by DAMAC. Located on Al Qudra Road, it features apartments, villas, and townhouses that consist of state-of-the-art swimming pools and gymnasiums. It is set around the Trump International Golf Club where you can not only play golf but also dine at the fine dining restaurants nestled within the club. There are many schools and universities in and around DAMAC Hills so students can also enjoy living there. If you are looking for a larger freehold property in Dubai, a luxurious villa in DAMAC Hills would do. The freehold villas in DAMAC Hills are available at an average price range of AED 2.4M to AED 5.4M.

The Meadows

When it comes to Dubai freehold areas, The Meadows community is considered among the top areas in the city. Spread across a verdant green landscape, The Meadows is a great place for family living. It is dotted with rich greenery and glistening lakes that guarantees comfort and peace. Traffic congestion is rare for those living in freehold villas in The Meadows, so residents can roam around the city and go for their regular grocery shopping. To get a 3-BHK luxury villa in the community, you will need to churn out an average of AED 3.5 M.

For those looking to enjoy a luxurious lifestyle, living in Meadows can be their best bet

BEST RETURN ON INVESTMENT (ROI)

In terms of apartments, while Dubai Marina and Downtown remain the most popular freehold areas in Dubai, the following districts are shown to provide the best average ROI according to current data. International City, which is always good value for buyers, showed a return of 9.7%. Jumeirah Village Circle, another good value choice for the savvy property buyer in Dubai, gave a return of 6.7%.

When it comes to villas, Arabian Ranches and Palm Jumeirah remain the most popular areas in Dubai in terms of ROI. Being the most sought-after area Arabian Ranches shows a return of 5.8% while the second most popular community Palm Jumeirah gives a return of 3.3%. Other communities that have high ROI in Dubai include Dubailand with 5.6% ROI and The Springs with 6.3%

Source: https://www.bayut.com

Image-Source: https://www.bayut.com

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