Dubai is well-known outside of the UAE and is still one of the most sought-after locations for foreign investors. More than 60 communities in Dubai offer freehold real estate in Dubai to foreigners. While many of them are heavily advertised and well-liked by tourists, the metropolis is actively developing and offers purchasers locations that are just as appealing in terms of investment. We draw potential investors’ attention to flats in Emaar Beachfront. The advantages of this community are covered in the article below.
The characteristics of the area
Emaar Beachfront, a brand-new neighbourhood, is located between the well-known man-made island of Palm Jumeirah and the Jumeirah Beach Residence in Dubai Marina. Even though the luxury district is still being developed, it has already begun to attract visitors and investors due to the numerous hotels, homes, yacht clubs, restaurants, and entertainment facilities.
Dubai Internet City and Dubai Marina are near Emaar Beachfront. One of Dubai’s highways, Sheikh Zayed Road, is close by and connects to other parts of the city.
The largest marina in the area, with 1,400 berths, will be one of the most important places. It will occupy an extensive area of 6,096 sq. km. when all auxiliary infrastructure is ready. There will be a cruise ship port, many terminals, a 1,067 sq. km. shopping mall, numerous residential complexes, an events arena, a yacht club, opulent hotels, restaurants, and boutiques.
Tourists and locals of Emaar Beachfront will also have access to a 1.5-km. private beach. Hotels and their services will be strictly controlled by Emaar Hotels & Resorts.
Community infrastructure
Emaar Beachfront is currently under construction, which allows for the acquisition of profitable properties for sale off plan in Dubai. Local house owners already have quick and easy access to Dubai’s developed infrastructure because of its convenient location:
- Residents of the neighbourhood have access to bus and tram routes that stop about 10 minutes away. The closest metro stations are reached in around 15 minutes.
- A large number of supermarkets situated close to the community will meet the everyday product demands of the locals.
- You may discover a lot of kindergartens and educational facilities within a 10-15 minute drive.
- It will take roughly 10 minutes to travel to Christian churches, Islamic mosques, and Hindu temples.
- Top medical facilities with world-class services are just 15 minutes away.
Property for sale in Dubai at Emaar Beachfront
In 27 high-rise buildings, buyers can select from flats with one to four bedrooms. The project provides 10,000 dwelling units in total. Townhouses and villas for sale in Dubai are located on skyscraper podium levels. The buildings have distinctive architectural and contemporary interior design. Apartments are commissioned with a move-in-ready status.
Prices for flats in Dubai at Emaar Beachfront
The benefit of a community under construction is that, despite not getting much publicity, housing is still available there for reasonable prices. Apartments can be bought for around $500,000. These are the starting prices; the total cost will vary according to the area and level of comfort of the selected unit. Large homes with two bedrooms or more are available starting at $1,500,000. Villas are more expensive.
Return on investment of property in Dubai at Emaar Beachfront
An owner who implements a unit for rent in one of the best areas of Dubai can rely on an income of 10% to 15% a year. The percentage of profit may rise or fall depending on the location and type of facility.
- Emaar Beachfront elite housing owners will be able to rent their properties for long-term and short-term leases. The short-term rent typically generates a percentage of profit that is usually much higher:
- Long-term leasing is a common real estate business model. It helps to receive passive income by renting your property out for a long period of time. Prior to beginning their business relationship, the owner and the tenant have to sign a contract that will regulate their commercial relations. This type of contract should be made for a minimum of one year. During this time, neither party can attempt to terminate it without a proper reason. The yield on a lease like this typically ranges from 5% to 8% a year.
- You may maximise your income from real estate ownership with short-term rentals. In this situation, the owner’s profit may be up to 15% annually. With this kind of leasing, you can get the most out of your investment and quickly achieve a return on the initial investment. Due to the great demand for seasonal housing, there is a significant price difference between the two types of rentals.
In order to begin renting out housing in Emaar Beachfront, the owner must either acquire a licence for carrying out this kind of activity or delegate all procedures to the management company, which will not only be in charge of property maintenance but will also conduct its own tenant search independently.
Assistance with selecting apartments for sale in Dubai
The Emirates.Estate website features offers from local real estate agencies and developers in Dubai. In the catalog, you can find ready-made residential complexes in different parts of the emirate, as well as off-plan projects in Dubai. Any question can be answered in real time by experts.
