An apartment for sale in Downtown Dubai would stand out for a variety of reasons, the most important of which is its location. The world’s highest dancing fountain and tower, the world’s largest mall, and the Dubai Canal are just a few of the city’s main icons, all of which are within walking distance of your house if you reside in Downtown Dubai.
1. Payment Plans Make It Affordable:
House hunters may be intimidated by an apartment for sale in Downtown Dubai, owing to the widespread belief that it is unaffordable.
Because these apartments mix luxury with perfect finishes in a prime location, this is a popular perspective. Although apartments in such a prominent location come with outstanding amenities, this does not mean that they are out of reach. With specific payment options, an apartment in Dubai can still be within your budget.
You can purchase a magnificent flat in Dubai, one of the world’s greatest business centres, without putting your lifestyle under financial duress. This is achievable thanks to AYKON City, an award-winning luxury freehold development where you can enjoy stunning views of the Dubai Canal from the comfort of your own home.
2. You Can Rent It for High Profits:
Renting or letting out an apartment in Dubai, like any other city, is a good method to make money. This is how real estate investors profit from their houses and apartments.
You can rent it out and earn money even if you’re away for a weekend or vacation. You might expect annual profits of up to ten percent if you look for apartments in Dubai for investment purposes. You can recoup your initial investment in ten years as your flat continues to appreciate in value.
3. It is becoming more valuable:
Investing in flats is widely considered as a popular, if not the most popular, financial option. This is since purchasing residential units in Dubai is seen as a secure investment.
With Expo 2020 just around the way, the value of a Downtown Dubai property is only going to rise.
A condo for sale in Downtown Dubai (or Business Bay) provides unrivalled access to the majority of Dubai’s tourist attractions. As a result, an apartment in Downtown Dubai is both a premium location and a sound investment.
4. It’s a Risk-Free Investment:
There is a formula for making a successful real estate investment. There are three components to this formula:
It’s no surprise that location is at the top of the list. A solid investment’s location is a major signal, if not the pillar. The amenities that surround a Downtown Dubai apartment are ageless, since they are constantly maintained and remodelled to the highest standards to fulfil tourist and international demand. The demand for apartments in Downtown Dubai is continuous and growing as it becomes more prestigious to buy one, and the amenities are readily available both inside and outside the building. As a result, buying an best apartment for sale in Dubai in Downtown Dubai currently is a good choice.
5. You Have the Ability to Make It More Valuable:
If you want to buy an apartment in Dubai, go for one in Downtown Dubai or one of its surrounding neighbourhoods, so you can rest assured that the quality of your apartment will be up to par. However, you can rely on elements other than the building, location, and amenities if you want to rent out your flat for high returns and passive income. Begin by putting the last touches on your place. A new wide-screen TV or a mattress that makes you feel like you’re floating will almost certainly boost the worth of your Dubai property.
6. It’s in a World-Class Setting:
The above-mentioned landmarks are worldwide recognized, distinguishing these apartments from other apartments in Dubai. Aside from the Burj Khalifa and the beautiful dancing fountain, Dubai has excellent infrastructure. It is always improving, and the transportation links in Downtown Dubai can assist inhabitants in getting about Dubai.
Restaurants abound in and around the neighbourhood, with a wide range of international cuisines to satisfy all preferences. By the Dubai Canal, you can have a nibble of shawarma, a cup of karak tea, or a luxurious sushi meal.
7. The number of visitors and residents is growing:
Expo 2020 will create 300,000 direct jobs and at least 1 million indirect jobs, according to a Standard Chartered analysis. The 6-month event is estimated to attract between 25 and 30 million visitors.
The boost in the market will also benefit real estate, with demand for residences in Dubai anticipated to rise even more. According to the Dubai Statistics Centre, Dubai’s population was 2.4 million in January 2016 and is expected to grow to 5.2 million by 2030. As a result, demand for apartments in Dubai will rise, and the value of your unit will rise as well.