Villas for Sale in Business Bay Dubai
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Listing by
Metropolitan Premium Properties
Listing by
Metropolitan Premium Properties
Listing by
Metropolitan Premium Properties
About Dubai
Dubai is recognized all over the world as a megalopolis with a developed economy, good business and living conditions. Investing in real estate in the UAE capital is one of the current most profitable areas for investment.
No property tax and the right to freely dispose of the property fosters profitable renting. An owner can quickly recoup the cost of the purchase and begin to earn a net profit. You can manage the rental process remotely.
World crises and the state of the real estate market does not reduce the effectiveness of an investment in Dubai real estate. A high return on investment from property rental and a stable state economy creates a reliable demand for housing in Dubai.
Development and infrastructure of Business Bay
Business Bay is the business and commercial center of the capital. The dynamic community atmosphere here attracts professionals of different professions from all over Dubai. Foreigners also come here to buy or rent real estate.
In addition to residential buildings, the area is also home to other public facilities, such as:
- office buildings;
- shopping malls;
- banks;
- luxury hotels;
- cafes and restaurants;
- entertainment complexes.
In the heart of the community flows an artificial canal, the main water source of the UAE and a landmark in the area. The waterfront is designed for recreation, entertainment and cultural activities.
The community is bordered by important areas of the capital: the Downtown Dubai tourist center, the Al Quoz industrial zone and the Dubai Design District. Here the Dubai International Finance Centre (DIFC) is located within walking distance and the beach area, Jumeirah.
Convenient transportation is a distinctive feature of Business Bay. The main highway, Dubai Sheikh Zayed Road, passes through here.
In the neighbourhood there are medical and educational institutions, religious buildings, boutiques and supermarkets.
New hotels and skyscrapers are planned as the area continues to grow.
Property Features
Business Bay is a freehold area that allows any type of real estate to be fully owned. The area is particularly attractive to investors who want to buy affordable housing.
Villas in Business Bay are represented by a limited group of structures and demand is constantly growing. Two types of housing options are offered:
- Lower levels of high-rise buildings;
- Marasi floating instances.
Floating complex Business Bay is innovative, the only one of its kind in the world. It is located on the Dubai Canal. From the outside it seems that the building floats freely on the surface of the water.
Villas on the lower levels of the skyscrapers are also an original and comfortable solution. This luxury housing is carefully designed, equipped with swimming pools, gyms, terraces and other landscaping features. The area can range from 150 to 1500 square meters.
Return on investment is 5% or more. The lowest cost of villas starts at AED 2,000,000 (USD 545,000). Renting will allow the owner to earn AED 175,000 (USD 48,000) back per year.
*The price is valid for 2021