The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

Apartments on the front line in Dubai

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Dubai is the most populated metropolis in the UAE, with enormous skyscrapers, malls, and numerous metropolitan projects. It is presently one of the most extravagant cities in the world. Its hallmarks are giant shopping malls with luxury offerings and pharaonic urban and architectural designs.

Dubai is a city that has numerous residential neighborhoods, from the most luxurious to the least fashionable. To buy apartments on the front line in Dubai, you must know that costs for apartments in the Emirates vary depending on the area where they are discovered and their features.

Properties by the sea

First, with all the variety of real estate sold in Dubai, the choice of projects on the so-called “front line,” located directly on the seashore, for acquisition by foreign citizens is limited.

This is primarily because among the entire coastal territory of the emirate, only manufactured bulk isles (3 Palms and The World archipelago), Dubai Marina, and the place to the west of the port of Jebel Ali – the coastal mega-project Dubai Waterfront.

Moreover, Waterfront, Palm Jebel Ali, and The World have yet to be built up and will not be built up in the next few years.

  1. Dubai Marina. A fashionable coastal location with more than 200 high-rise residential structures and hotels. It is discovered in the center of the “new Dubai,” around an artificial bay 5 km west of Palm Jumeirah.
  2. Jumeirah beach residence . A complex of 36 residential towers and four hotels on the 1st line by the sea with immediate entry to the coast. It is found in the fashionable area of Dubai Marina.
  3. AL Fattan Towers. Residential complex of 2 towers on the 1st line by the sea. In one of the skyscrapers, there are hotel flats, and it is found in the center of the JBR residential complex.
  4. Royal Oceanic. The 34-story building on the seashore is near the 5* Le Royal Meridien Hotel in Dubai Marina.

Benefits of buying luxury accommodation

Premium properties for sale in Dubai are in high demand, which is practically independent of the economic situation in the world. This is due to the following factors:

  1. Price. Luxury villas in Dubai are more affordable than comparable properties in central cities in the US and Europe.
  2. Payback. Buying a premium apartment is a good investment. Rental income can reach 10 percent per year.
  3. Liquidity. If desired, the owner of an elite house in Dubai will quickly sell his property and not only not lose finances but also increase them.
  4. Among other advantages of buying premium real estate in Dubai, it is worth highlighting the security of the transaction and the possibility for a foreigner to get a long-term resident permit, which gives rights almost like UAE citizens.

Property in Dubai

The purchase of property on the front line in Dubai is famous for several reasons:

  1. The city is known for its elegant waterfront developments that offer spectacular panoramas of the Arabian Gulf and world-class amenities such as private beaches, pools, and fitness hubs.
  2. The demand for waterfront properties in Dubai is driven by the city’s growing population and status as a global business and tourism hub. Many people are attracted to Dubai’s high-quality lifestyle, outstanding infrastructure, and tax-free status.
  3. Dubai’s real estate market is comprehended for its high investment returns, making it a famous option among investors looking to diversify their portfolios.

All of these factors make the purchase of property on the front line in Dubai a prevalent and attractive option for many buyers.

Are you looking for property to buy in the United Arab Emirates? Emirates. Estate will assist you in discovering and purchasing the best apartment in Dubai’s front line. therefore, you are guaranteed a wide range of real estate transactions in the most popular areas at the best prices from trustworthy building firms, vendors, and dealers in the UAE.

Then, begin studying flats for sale right now.

Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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