Apartments for Sale in Dubai: Your Guide to Buying Property

For years Dubai was just a travel destination, but today this city is one of the greatest world-class business hubs where many locals and expats could find a wealth of job opportunities. As the number of foreign nationals increases in the emirate, the real-estate market of Dubai becomes more popular. These residents look for different properties like villas for sale in Dubai, Townhouses for sale in Dubai, and apartments for sale in Dubai. Continue reading and learn more about the best apartments for sale in Dubai and their different kinds.

Can Foreigners Buy Apartments in Dubai? Rules & Regulations

Many people believe that foreigners can’t invest in the Dubai real estate market, which is a wrong thought. So I think the first question that I have to answer is ‘can foreigners buy a house in Dubai?’ The exact and true answer is yes. Based on the UAE’s new rules, the foreign nationals, both expatriate residents and non-resident investors, could buy any kind of property such as apartments for sale in Dubai on a freehold basis. This law allows all foreign nationals to buy, sell or lease their property in the UAE. But I have to mention that foreigners could buy a property in Dubai only in designated zones that the government outlined.

Why Invest in Apartments for Sale in Dubai? Top Benefits

Today, most working professionals of Dubai prefer to live in apartments or flats, as these types of homes well suit their fast-paced lifestyle. Here I will mention some of these reasons that will encourage Dubai residents to choose apartments for sale in Dubai.

Affordable Apartment Prices in Dubai for Investors

The first reason that many people choose to buy an apartment for sale in Dubai is that apartments in Dubai are cheaper than townhouses or villas. For example, a working bachelor could afford to buy a studio-type flat. Also, this might be a good opportunity for families to live in apartments because a two-bedroom apartment for sale in Dubai is half the price of a two-bedroom villa or townhouse.

Flexible Payment Plans for Buying Apartments in Dubai

Another reason that makes owning an apartment in Dubai easier is the flexible payment plans of affordable apartments in Dubai.

Low Maintenance Costs for Dubai Apartments

All Dubai residents know that apartments for sale in Dubai require less maintenance rather than townhouses and villas. Also, when you live in an apartment, you will share the cost of maintaining the building with other neighbors, which will release you from stressing about expensive home-related repairs.

Luxury Facilities & Modern Amenities in Dubai Apartments

Finally, we believe that many people choose to live in apartments as they will access a wealth of high-end conveniences and facilities like gyms, swimming pools, and retail shops. These options are not just for luxurious apartment towers, as there are some cheap apartments in Dubai for sale that provide the above amenities.

Best Locations to Buy an Apartment for Sale in Dubai

Today, many people who look for the best location for high-rise living choose Dubai as their dream destination. There are different areas in Dubai where you can choose to buy an apartment; like Dubai Marina, Downtown Dubai, Jumeirah Beach Residence, Jumeirah Lakes Towers, and Al Furjan.

Most Expensive Areas to Buy an Apartment in Dubai

These are locations with upscale residential living facilities that promise stunning views from the balcony. Also, you will enjoy the peaceful and serene settings. There are many green landscapes and parks that you can use for having quality time with family and friends. I suggest you search among the Downtown Views II apartments, Azizi Riviera developer projects, apartments of Plazzo Residence development, and projects of Palm Jumeirah development for buying a great apartment for sale in Dubai.

Best Budget-Friendly Areas to Buy an Apartment in Dubai

If you think the above neighborhoods are more expensive than your specified budget, you can choose among cheaper places. Search among the International City apartments, projects of the Town Square Dubai, and projects of the Jumeirah Village Circle development to find a budget-friendly apartment.

Different Types of Apartments for Sale in Dubai

When you decide to buy an apartment in Dubai, there are many available inventories of flats for sale in Dubai that you can choose from. While the UAE residents mostly choose from available properties, there are more options for investing in Dubai as a foreign investor, including duplexes, lofts, and penthouse units. Below here, you can read a list of different types of apartments for sale in Dubai.

Regular Single-Floor Apartments for Sale in Dubai

There are plenty of options to choose from if you want to invest in the ready-to-move apartments in Dubai. The wide range of apartments for sale in Dubai extends from studios to 5-bedroom units. Most of these apartments include a maid’s room, a laundry room, a terrace or a balcony, and a storeroom. And the buildings of these apartments offer facilities like shared gyms, swimming pools, kid’s play areas, and covered parking spaces. If you choose to buy a Luxury building, you can access other amenities such as rooftop gardens, jogging tracks, sports courts, and event spaces more than the normal options.

Luxury Duplex & Triplex Apartments in Dubai

If you want to buy a more luxurious apartment in Dubai, I suggest you choose a duplex or triplex unit. These units are large ones spread over two and three floors of an apartment building.

Hotel Apartments for Sale in Dubai: A Smart Investment

This is a great option for you if you wish access to the hotel’s amenities and luxury penthouses. Some of these units are furnished with designer furniture from brands like Versace, Fendi, and Armani Casa.

Off-Plan Apartments in Dubai: Pros & Cons

If you are looking to find a much more affordable apartment for sale in Dubai, I suggest you search among Off-plan property projects. Many property developers in the UAE sell these off-plan properties on a payment plan before they are even built. You can find the off-plan properties of Dubai in popular areas such as Downtown Dubai, Akoya Oxygen, Meydan City, and Mohammed Bin Rashid City.

How Much Does an Apartment Cost in Dubai?

Like all other cities, the cost of apartments in Dubai changes based on the location, living space, floor plan, and available amenities. In general, the price of apartments for sale in Dubai starts from AED 160,000 to AED 45,000,000 for the most luxurious options.

Price of Studio Apartments for Sale in Dubai

The cheapest option that you can find to buy in Dubai is a studio unit. Normally, the studio apartments for sale in Dubai are about 395-600 Sq Ft with no room, and you can buy them at an average cost of 400K AED – 900K.

Cost of 1-Bedroom Apartments in Dubai

If you have a little more funds, you can buy a one-bedroom apartment for sale in Dubai. While those are not large units with high-class facilities, they can be great options to start your investment. You can buy a one-bedroom apartment in Dubai if you have about  600K AED – 1.6 million.

Average Price of 2-Bedroom Apartments in Dubai

If you are living with your family and need more space, I suggest you buy a two-bedroom apartment for sale in Dubai. Normally, these units are around  700-1800 sqft, and you can buy one of them with an average cost of  800K AED- 2.7 million.

 3-Bedroom Apartments in Dubai: Price Trends

You can buy a three-bedroom apartment for sale in Dubai with more facilities and larger space if you can pay more. Totaly, a unit like this will cost around 1 million AED to more than 3 million.

Luxury 4-Bedroom Apartments in Dubai

Among the most luxurious apartments that you can find in Dubai, I can mention four-bedroom apartments for sale in Dubai with a stunning price of over 10 million AED.

5-Bedroom Apartments in Dubai: Ultimate Price Guide

Be sure that you can not find an apartment as luxurious as the five-room apartments for sale in Dubai. If you want to buy an apartment like this, you have to pay over 19 million AED.

Step-by-Step Guide to Buying an Apartment in Dubai

If you want to buy an apartment in Dubai for living or as an investment, fortunately, you are at the right place. In this section, you can read all the important points you have to consider before buying an apartment in Dubai. Continue reading and find the most important steps that you have to consider through this process.

How to Find the Perfect Apartment for Sale in Dubai

You have to search enough to find your desired property before anything. First of all, set some filters and tailor the selection according to your conditions. If you are an expat who wants to buy an apartment for sale in Dubai, you have to know that you can buy apartments in freehold areas for all nationalities.

Negotiating the Best Deal for Buying an Apartment

After you have found your desired apartment for sale, the next step is that the buyer and seller agree on the terms of the sale through a Memorandum of Understanding (MOU).

Paying the Initial Deposit: What You Need to Know

After signing an MOU, it is time for paying a deposit. Here, the buyer has to pay an amount of about 5% to 25% of the property value.

 Getting the No Objection Certificate (NOC) for Transfer

If you do not have a No Objection Certificate (NOC) from the developer, the Dubai Land Department (DLD) will not transfer the ownership.

Conclusion:

Today, Dubai has become a great destination for investors from all over the world. You can find many beneficial cases like apartments for sale in Dubai if you do not want to spend much money. But if you have a large amount of money for investing, you can search among townhouses, villas, shops, and other options. Whatever you need, we are here to help you. Here, in dxboffplan, we find you the best properties for sale in Dubai based on your budget and preferences. You can contact our online team through the site 24/7 for free.