Duplexes for Sale in Dubai
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Buying duplexes in Dubai
Dubai is a city with stable economic development rates. Government initiatives contribute to the planned development and the emergence of new complexes and entire neighborhoods. Trade, manufacturing, tourism, and financial services flourish here. In the megalopolis are located offices of world-famous international companies. The opportunity to purchase real estate in Dubai attracts investors from different countries. One attractive feature of the city is the possibility of easy residence for foreigners. The procedure for obtaining a long-term visa is much easier when buying property. Dubai is famous for the numerous projects of real estate development companies. Here you can always buy a property for either living or investment.
What types of duplexes are in Dubai?
Duplexes are apartments on two levels. The uniqueness of these real estate objects is the zoning of the space by height. The lower level contains the living room, kitchen and terrace. The upper level has bedrooms, bathrooms and balconies. Duplexes with 1 to 7 bedrooms are available for sale.
Property types differ in size. You can choose and buy an object with one bedroom on the second level of no more than 100 sq. m (1100 sq. ft). In Dubai complexes, there are duplexes with 7 bedrooms of 2,787 sq. m (30,000 sq. ft). Most of the properties are in the 3-4 bedroom segment. The total area of the two levels ranges from 200-500 sq. m (2200-5400 sq. ft).
Price trends of duplexes in Dubai
Properties for sale in different price segments attract a wide range of buyers. A minimum investment of USD 272,300 (AED 1,000,000) is required to achieve a return on investment in different areas of the city.
Another option would be to buy a spacious duplex on two levels. Properties starting at 500 sq ft (5,400 sq ft) in size cost from USD 3,267,000 (AED 12,000,000). The area can be divided into several rooms for future rentals.
The cost is influenced by the location of the duplex. Average price options from USD 1,088,000 (AED 3,997,000) are concentrated in popular projects Sadaf, Shams, Amwaj district of JBR and the Palm Jumeirah island. A more expensive duplex for USD 21,780,400 (AED 80,000,000) is available in Culture Village.
Highlights of Dubai
Dubai has freehold zones that are attractive to foreign investors. The law on freehold zones applies to 52 districts of the city. After the purchase of a duplex in the freehold-zone your property can be used at your discretion: to rent, resell, pass on the inheritance. Thus, the buyers of duplexes can achieve the maximum profit rates.
A feature of the Dubai market is its ongoing active construction. The real estate market is constantly growing, the return on investment is always increasing.