Resale apartments for sale in Dubai
Dubai is one of the best cities in the world for foreigners and locals alike, offering high quality of living with various unusual real estate. If you are planning to buy a secondary apartment in Dubai, this is potentially a wise decision.
The local market of existing homes features a wide choice of resale flats in Dubai to suit any budget. You can purchase a snug studio or a luxurious residence with a sea view.
If you are looking for a lucrative investment, resale apartments in Dubai generate a high rental yield. A secondary apartment in Dubai is a smart decision for expats because it can be leased immediately to make a profit. The average rental yield in this emirate is 5 – 8% per annum, even 10% in some districts.
Cost of secondary apartments in Dubai
Resale apartment prices in Dubai, the UAE depend on the community where the property is located. Investors with a limited budget can purchase a one-bedroom apartment in Jumeirah Lake Towers (JLT). The average value of such a flat is AED 808,000 (USD 220,000).
Neither do you need a lot of money to purchase a one-bedroom apartment in Dubai in Jumeirah Village Circle, where an average one-bedroom flat is worth AED 665,000 (USD 181,000).
Dubai Silicon Oasis (DSO) is another popular community with inexpensive property in Dubai. You can purchase a one-bedroom apartment in DSO for AED 468,000 (USD 127,500) on average.
Buyers who are interested in luxurious secondary flats for sale in Dubai should consider districts such as:
- Dubai Marina
- Downtown Dubai
- Business Bay
- And other
If you are looking for a high-end community, Dubai Marina is one of the best locations in which to purchase an opulent apartment overlooking the waterfront. An average one-bedroom apartment costs AED1.3 million (USD 354,000), a two-bedroom apartment, AED 2.2 million (USD 599,000), and a three-bedroom apartment, AED 3.6 million (USD 980,000).
Downtown Dubai offers a one-bedroom apartment for an average price of AED 1.78 million (USD 484,000), a two-bedroom apartment, for AED 3.25 million (USD 885,000), and a three-bedroom apartment, for AED 5.26 million (USD 1.4 million).
Business Bay is another upscale community where an investment in Dubai real estate can be very lucrative. A one-bedroom apartment there is worth AED 1.15 million (USD 313,000), a two-bedroom apartment, AED 2 million (USD 544,500), and a three-bedroom apartment, AED 3.2 million (USD 871,000).
Buying secondary apartments in Dubai
Would you like to buy a resale flat in Dubai? Visit the Ax.Resales website to view current prices in euros and dollars. Please contact our competent team to receive a detailed consultation on the value of existing apartments in the most popular houses in Dubai. We will help you to select a quality property for living and investment to meet all your needs and demands.
Make the right choice – start lucrative investments today!