Buying property in Dubai by the sea at an affordable price means gaining a real opportunity to turn your life into a fairy tale. The atmosphere of luxury and chic, wonderful locations, gastronomic pleasures, and daily sunbathing will become 'yours' if you only wish to acquire real estate in the picturesque city of the United Arab Emirates. You can buy an apartment in Dubai inexpensively, on favorable terms, using the services of Ax Capital.
Pros of buying an apartment in Dubai
Dubai today is one of the most popular and developing tourist centers in the Middle East. It isn't easy to find at least one person who would not dream of visiting this picturesque city in the UAE. However, renting housing in a tourist center permanently is quite expensive and troublesome: it is much more profitable to acquire your apartment. This purchase will pay for itself in no time.
Properties by the sea
Housing on the 1st line of the coastline in Dubai is a significant investment. Such objects are easily rented out, and if necessary, they can be profitably and quickly sold in the future.
Real estate in Dubai on the first line is usually much more expensive than similar properties located far from the coast. The cost of land near the water is always many times higher.
The first coastline, as a rule, is built up with premium hotels, where customers can expect top-level service and developed infrastructure. They are distinguished by a well-groomed territory, abundant greenery, and often their park.
But with all the richness and diversity of choice, first-line objects are transferred into the possession of foreign citizens to a limited extent. The reason for this lies, first of all, in the fact that on the coastal territory, only a few objects are included in the zone giving foreigners the right of ownership:
- artificial islands (three 'Palms' and the project World);
- Dubai Marina area;
- Dubai Waterfront project.
However, those who want to live in a modern metropolis with all the bonuses of a luxurious seaside resort do not become less because of this, the 1st line in Dubai is constantly expanding due to artificial islands, which means that new objects and new opportunities for acquiring luxury real estate near the warm sea appear.
In Dubai Marina, on the shores of the Arabian Sea, there is a large canal with a length of more than 3.5 km with restaurants and places to relax. The area is also home to skyscrapers, residential buildings, and the Dubai Marina Mall. There is also a marina where you can rent a yacht and enjoy the beauty of the sea.
Dubai Marina has an active nightlife, concert venues, bars, and private and free beaches. Nearby is the elite beach club Barasti. The list of popular activities includes wakeboarding, parasailing, water sports, water skiing, and much more.
The area is full of various cafes, bars, and hookahs, as well as gourmet restaurants that attract tourists. Most of these establishments have a gorgeous view of the coastal zone. Nearby are a fashionable yacht marina and the largest Ferris wheel in the world - Ain Dubai. Pierre 7 is a famous place where the best clubs in the city open at night, including Atelier M, Cargo Dubai, and many others.
Buying an apartment in Dubai by the sea means it is profitable to invest your capital. This is an excellent investment for the future. Why?
- The active development of the city and excellent living conditions for expats, affect the increase in demand for rental apartments in Dubai, which guarantees high incomes. In most cases, real estate is rented for not a week or a month but a year.
- In the UAE, property owners are protected by law.
- Persons not citizens of the UAE can also rent an apartment.
- Experts predict the future development of the economy. Housing prices by the sea are constantly increasing.
- The mild climate and picturesque views are the reasons for the increase in the influx of vacationers in Dubai who dream of renting a house on the seashore.
- In the United Arab Emirates, property owners do not have to pay tax on ownership, rent, or resale.
Why should you choose AX Capital?
The company specializes in providing professional real estate services. You are guaranteed an integrated approach and unique solutions to the tasks. Buying an apartment in Dubai at affordable prices by the sea is quite realistic on the https://www.axcapital.ae/ website. Consultants are always ready to answer all your questions and help you choose an apartment based on your financial capabilities and wishes.
Posted by : GoDubai Editorial Team
Viewed 2833 times
Posted on : Wednesday, March 22, 2023
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