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Apartments for sale in Dubai | Cheapest prices and best offers 2024
introduction*
The real estate market in the Emirate of Dubai is witnessing great demand, as offers vary widely among apartments of various sizes and views, including apartments for sale at varying prices according to regions and unit sizes. Ready apartments are available for sale at affordable prices, in addition to special offers for apartments directly from developers with attractive payment plans.
Apartment prices in Dubai have recently shown stability as a result of the balance between supply and demand, and reflect the efforts of leading real estate companies in Dubai and the UAE in general in creating residential and hotel projects with high capacity to meet the needs of buyers and investors.
Apartments for sale in Dubai are available in multiple areas, such as Dubai Marina, Downtown Dubai (Downtown Dubai), and other vital areas such as the Dubai Water Canal and Burj Khalifa.
The offerings also include units dedicated to the hospitality sector, such as fully furnished apartments that cater to visitors to the emirate looking for luxury accommodation without the commitment of purchasing and furnishing properties.
The real estate market in Dubai is witnessing great achievements in implementing projects that meet the needs of residents and visitors, with the availability of various offers to suit different needs. Investors from neighboring countries, especially from the Gulf countries, show great interest in purchasing apartments in Dubai, taking advantage of the diversity and distinguished services.
When searching for the cheapest apartments for sale in Dubai, it becomes clear that prices are higher in Downtown Dubai, and gradually decrease depending on the services and facilities available. In addition, apartments for sale can be obtained with attractive payment facilities and easy payment plans.
Can foreigners buy apartments in Dubai?*
Many people believe that foreigners are unable to invest in Dubai’s real estate market, but this is a misconception.
So, we have to answer this question: “Can foreigners buy houses in Dubai?”, and the correct answer is yes. According to new legislation in the UAE, foreign nationals – whether residents or non-resident investors – have the right to purchase any type of property, including apartments for sale in Dubai, on a freehold basis. These laws allow foreigners to buy, sell and rent real estate throughout the UAE. However, it should be noted that the purchase is limited to specific areas identified by the government.
Why is it preferable to buy an apartment in Dubai?*
Nowadays, most of the professionals working in Dubai prefer to live in apartments, as they combine with their fast-paced lifestyle.
Here are some of the reasons that encourage Dubai residents to choose apartments:
● Attractive prices: Apartments in Dubai are cheaper than townhouses or villas, making them an attractive option for many individuals, including singles and families.
● Flexible installment plans: Flexible installment plans for apartments in Dubai allow easier purchasing, which helps achieve real estate ownership.
● Less maintenance: Apartments require less maintenance compared to other homes, which reduces the financial burden on property owners.
● Modern Facilities: Apartments for sale in Dubai offer a wide range of modern facilities such as gyms, swimming pools and shops, making them an ideal choice for living comfortably.
The best sites to buy an apartment in Dubai*
These days, many people are choosing Dubai as a living destination, and there are many ideal locations to buy an apartment in Dubai, such as Dubai Marina, Downtown Dubai, Jumeirah Beach Residence, Jumeirah Lakes Towers, and Al Furjan.
● Expensive locations: These locations feature luxurious residential facilities and stunning views, providing a peaceful and beautiful atmosphere. Some excellent options include Downtown Views 2, Azizi Riviera, Palazzo Residences and Palm Jumeirah projects.
● Affordable locations: For individuals looking for more budget-friendly options, they can look at International City, Town Square Dubai and Jumeirah Village Circle to find affordable apartments.
Types of apartments for sale in Dubai*
When deciding to buy an apartment in Dubai, it opens up a wide range of options for you to choose from. Whether you are a UAE resident or a foreign investor, you can choose from a variety of apartments available for sale in Dubai, ranging from studios to luxury five-bedroom units and more.
Below is a list of different types of apartments for sale in Dubai:
● **Ordinary one-storey apartments:**
These apartments range from studios to five-bedroom units, with features such as a maid’s room, laundry room, terrace or balcony, and storage. These units offer shared facilities such as gyms, swimming pools, children’s play areas and parking.
● **Duplex and triplex apartments:**
These units are characterized by luxury and are distributed over two or three floors, providing additional space and greater comfort.
● **Hotel apartments:**
Hotel apartments are a great option for those wanting access to luxury hotel and penthouse facilities. Some of these units are furnished with luxury furniture from international brands.
● **Apartments under construction:**
Reasonable options can be found in real estate projects that are still under construction, with the possibility of payment in installments.
Cost of apartments in Dubai:*
The cost of apartments in Dubai varies based on several factors such as location, space, and facilities. Generally, the price of apartments in Dubai ranges from AED 160,000 to AED 45,000,000. In addition, prices can be divided according to the number of rooms as follows:
– Price of studio apartments: 400,000 dirhams – 900,000 dirhams.
– Price of one-bedroom apartments: 600,000 AED – 1.6 million AED.
– Price of two-bedroom apartments: AED 800,000 – AED 2.7 million.
– Price of three-bedroom apartments: AED 1 million – AED 3 million.
Price of four-bedroom apartments: more than 10 million AED.
– Price of five-bedroom apartments: more than 19 million AED.
How to buy an apartment in Dubai:*
– **Finding the right apartment:**
You should do enough research to find the property that suits your needs.
– **Agreement on terms of sale:**
After selecting the apartment, agreement on the terms of sale is reached through a memorandum of understanding.
– **Deposit payment:**
A down payment of between 5% and 25% of the property value is paid.
– **Obtaining a No Objection Certificate:**
A No Objection Certificate (NOC) must be obtained from the real estate developer to complete the ownership transfer process.
These steps outline the basic process of buying an apartment in Dubai, making it easier for you to make a successful investment in the booming real estate market in this wonderful emirate.
We at Royal Real Estate Company provide our services to facilitate the purchasing process. Starting from searching real estate to selling procedures with ease.
Contact us now to get the best real estate services _ Royal Real Estate
See also: Ramhan Island project in Abu Dhabi, luxury villas and apartments
Apartments for sale in Dubai | Cheapest prices and best offers 2024
