INVESTOR PREFERENCES IN BUYING APARTMENTS & VILLAS IN DUBAI

One of the main reasons for the boost of the property market, economy and the demand in general for Dubai is its expat community. People come into Dubai for various reasons including professional goals, business opportunities as well as investments. While the expats work and invest in Dubai, accommodation is key for anyone who resides. Let’s understand how the general break-down works when it comes to Apartments vs Villas in Dubai.

Who buys / rents apartments in Dubai?

Apartments are the most in-demand type of property sold and rented in the property market. The reason for this is the proximity as well as the value benefit in comparison of the other types of properties.

Most people who move initially by themselves, with their partners or families tend to choose apartments as their go-to option. The reasons for this choice is:

• Preference of location that will be closer to their work

• Social life associated with the location

• Availability of apartments at lower costs compared to villas, townhouses or even newer apartments.

• The lifestyle of families who start out in Dubai is more supported when renting / buying apartments.

Among all the ethnicities, it is observed that a lot of Indian expats move to Dubai, they have the highest rates of investing and employment in Dubai. Keeping a close eye on the market behaviour, our Managing Director at Anarock Middle East; Morgan Owen says to moneycontrol.com “Most Indians who have relocated to Dubai because of a job and have the financial wherewithal, largely prefer to buy apartments initially, while the few ultra-rich prefer villas in prime locations such as Palm Jumeirah, etc,”

Who buys / rents villas in Dubai?

Villas and mansions are some of the most attractive types of properties in Dubai’s property market right now. A lot of investors, high-net-worth individuals prefer villas for these reasons;

• Large living areas with private gardens, pools and privacy.

• Community facilities such as retail, education, health and more are readily available with higher standards.

• Safe investments and higher yields if rented.

With options for every type of lifestyle, income and status of living, Dubai offers a myriad of property options for people to choose from. No matter if you are a professional who is seeking to create your new life in Dubai or an investor who is interested in investing in Dubai to live a life of luxury, the market has it all.

Even though we have discussed the general preferences observed within Dubai’s real estate market, there are options from affordable to ultra luxurious with both apartments and villas in Dubai.

If you pay attention to how Dubai’s property market moves, buying and renting can be done in an affordable / profitable manner. As experts in the market, Anarock Middle East prides itself in understanding the market behaviour and having strong service provider relations. With us, your requirements are addressed in the most efficient ways. Contact us, or visit us at our offices at Dubai Hills Business Park.