Best Areas to Buy Property in Dubai

areas to buy a property in dubai

If you want to buy a property for residential or investment purposes then Dubai is an ideal destination. From modern high-rise towers to luxurious villas, the city has something for every buyer. To make the choice easier, we have compiled a list of the best areas to buy a property in Dubai.

Our list is based on lifestyle, buyer preferences and return on investment. So, whether you prefer a calming beachside residence or an elegant lifestyle, follow along to find your dream neighbourhood.

areas to buy a property in dubai

List of Top Areas to Buy a Property in Dubai

Dubai has areas to suit every budget and preference, from tucked-away waterfront communities to vibrant city centre neighbourhoods. We have chosen these areas based on buyers’ preferences, investment potential and living costs. Without any further ado, let’s start with our list.

Disclaimer: All the property prices and rental yields have been taken from the DLD transaction records available on Data Guru.

1. Dubai Marina

The first on our list is Dubai Marina, a residential district with a calming vibe, glamorous lifestyle and high-rise buildings. Dubai Marina is known as ‘The Tallest Block in the World’ due to its towering skyscrapers. Overlooking the pristine marina views, the area has mixed-use properties, from residential to commercial and hotels.

The district spans 4.6 square kilometres and is popular for a 3.5km canal known as Dubai Marina Walk. Living here gives exclusive access to top-notch amenities within walking distance lined beside a water promenade. Also, the Dubai Marina Yacht Club and alfresco dining spots are highly popular here.

The area is ideal for individuals who prefer a vibrant and fun-loving lifestyle. Investors who can pay a higher amount, at a relatively lower risk, also prefer this area.

arabian ranches

Location

Sheikh Zayed Road

Dubai Marina

Developer

Emaar Properties 

The area boasts boutique apartments, spacious villas and luxurious townhouses. Here are some of the best towers in Dubai Marina to buy a property:

  • Damac Heights
  • Princess Tower
  • Marina Gate
  • Park Island
  • Bay Central

Additionally, you can explore these apartments for sale in Dubai Marina.

Unit Types

  • Apartments: Studio to 5-bed
  • Villas and Penthouses: 3 to 5-bed
  • Duplexes: 1 to 4-bed

Sale Prices and Gross Rental Yields

Property TypeAverage Sale PriceGross Rental Yield
ApartmentAED 2,649,1246.62%
VillaAED 6,966,667

2. Downtown Dubai

The next on our list is Downtown Dubai, a bustling area in the city centre and home to the iconic Burj Khalifa. The area has a diverse portfolio of properties, from studio apartments to 5-bed townhouses. As a popular choice for high-end living, the prices for apartments for sale in Downtown Dubai start from AED 3,570,373.

Due to its strategic location, residents here can easily access shopping malls, educational institutes and entertainment spots. Downtown Dubai also has top attractions like Dubai Mall and Dubai Fountain.

dubai marina

Location

Sheikh Zayed Road

Downtown Dubai

Developer

Emaar Properties

  • Burj Khalifa
  • Burj Royale
  • Opera Grand
  • Binghatti Mercedes Benz
  • Burj Crown

If you want to invest in newer projects, check out these off-plan projects in Downtown Dubai.

Unit Types

  • Apartments: Studio to 5-bed
  • Villas: 3 to 6-bed
  • Townhouses: 3 to 5-bed
  • Duplexes: 3-bed

Sale Price and Gross Rental Yield

Property TypeAverage Sale PriceGross Rental Yield
ApartmentAED 3,570,3736.01%

3. Palm Jumeirah

If you love architectural marvels, visiting Palm Jumeirah in Dubai should be on your bucket list. The picturesque man-made island, in the shape of a palm tree, has turned all heads up. The community has everything to make life convenient, from leisure options to dining spots and private beaches.

Explore the properties for sale in Palm Jumeirah to buy a lifestyle where every day is a chance to experience the extraordinary.

downtown dubai

Location

Persian Gulf, Jumeirah

Palm Jumeirah

Developer

Al Nakheel Properties

  • Azizi Mina
  • Ellington Beach House
  • The 8
  • FIVE Palm Jumeirah
  • Seven Palm

Unit Types

  • Apartments: Studio to 1-bed
  • Villas: 1 to 7-bed
  • Townhouses: 2 to 3-bed
  • Duplexes: 3-bed

Sale Prices and Gross Rental Yields

Property TypeAverage Sale PriceGross Rental Yield
ApartmentAED 9,347,8085.73%
VillaAED 37,059,579

4. Business Bay

Find your dream residence in Business Bay, a preferred choice by working professionals who want to live close to their work. The area has more than 240 buildings with mixed-use residential and commercial units.

Additionally, it is a hotspot for real estate investment due to its high returns, desirable location and proximity to business hubs. If you want to live in a bustling business district, explore these apartments for sale in Business Bay.

palm jumeirah

Location

Sheikh Zayed Road

Business Bay

Developer

Dubai Properties 

  • Zada Tower
  • Paramount Tower Hotel & Residences
  • SLS Dubai Hotel & Residences
  • Aykon City Tower B
  • Reva Residences

Unit Types

  • Apartments: Studio to 5-bed
  • Villas: 2-bed
  • Penthouses: 4 to 7-bed
  • Duplexes: 1 to 4-bed

Sale Price and Gross Rental Yield

Property TypeAverage Sale PriceGross Rental Yield
ApartmentAED 2,148,7717.07%

5. Arabian Ranches

Arabian Ranches should be your top choice if you want to relocate to Dubai with your family. It is a gated community in Dubai which accounts for a safe and secure environment, ideal for families. The area features villas with aesthetic designs and convenient layouts. Villas for sale in Arabian Ranches come in 2 to 7-bedroom configurations.

The area also boasts top schools, a retail centre, a premium golf club, community parks and playgrounds. Additionally, expats can own property in this free-hold area of Dubai.

business bay

Location

Sheikh Zayed Bin Hamdan Al Nahyan Street

Arabian Ranches

Developer

Emaar Properties

  • Al Reem 2
  • Alma 2
  • Terra Nova
  • Alvorada 2
  • Palmera 2

Unit Types

Villas: 2 to 7-bed

Sale Price and Gross Rental Yield

Property TypeAverage Sale PriceGross Rental Yield
VillasAED 6,570,7714.53%

6. DAMAC Hills 2

Imagine a lifestyle in a green community in Dubai, a bit distant from the bustling city centre but connected to major roads. If this is what you are looking for, consider DAMAC Hills 2, located in Dubailand.

The area is famous for its lush green parks, championship golf course, lakes and pet farm. It is an ideal location for individuals, families and investors. Apartments for sale in DAMAC Hills 2 start from AED 735,886, making it an appealing area to buy a property in Dubai at competitive rates. Besides, it has a good return on investment of 7.69%.

business bay

Location

Madinat Hind 4

Damac Hills

Developer

DAMAC Properties

  • Virdis A
  • Elo
  • Centaury
  • Aurum Villas
  • Just Cavalli Villas

Unit Types

  • Apartments: Studio to 3-bed
  • Villas: 2 to 6-bed

Sale Price and Gross Rental Yield

Property TypeAverage Sale PriceGross Rental Yield
ApartmentAED 735,8867.69%
VillaAED 2,032,5645.69%

FAQs

1. Is Dubai a Good Place to Invest in Property?

Yes, Dubai is a highly preferable choice for investment due to benefits like high return on investment, luxurious lifestyle and safety. Some best areas to buy a property in Dubai for investment purposes include DAMAC Hills 2 and Business Bay.

2. Can Expats Own a Property in Dubai?

Dubai permits expats to own properties in freehold areas such as Business Bay, Downtown Dubai, Discovery Gardens, The Springs and Jumeirah Golf Estates.

That concludes our list of top areas to buy a property in Dubai. So, what are you waiting for? Explore the apartments for sale in Dubai and buy your dream home in the city.
If you want to buy an off-plan property, explore the mega upcoming projects in Dubai.

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