Are you looking to buy townhouses in Dubai? Perhaps you should consider investing in townhouses in Dubai right now. In the wake of the pandemic, real estate in Dubai has recovered remarkably. Due to government policies, among other reasons, investors are increasingly interested in investing in the country. The result will be a significant increase in prices in the near future, according to industry experts.
5 Best Areas To Buy Affordable Townhouses In Dubai
The five best areas offering the cheapest townhouses in Dubai for sale are as follows:
1. Damac Hills 2
DAMAC Hills 2 (Akoya Oxygen) is strategically located between Jebel Ali – Lehbab Road (E77) and Al Ain – Dubai Highway (E66). Furthermore, it is near the Expo 2020 site, which opens up new investment opportunities. In DAMAC Hills 2, the developers have made great efforts to ensure that the development is environmentally friendly and sustainable, making it the first green community in Dubai. DAMAC Hills 2 offers a wide selection of properties. It is possible to find luxurious residences, apartments, and townhouses in Damac Hills 2. The return on investment on townhouses in Damac Hills 2 is 6.1%.
2. Dubai Investments Park
Industrial complexes, commercial areas, and residential neighborhoods make up Dubai Investments Park. In DIP, residents can choose from villas, townhouses, and apartments as part of a well-planned community. Among the sub-communities in DIP are The Green Community, The Palisades, Ritaj, and Dunes Village. Potential tenants and investors looking for apartments find Dubai Investments Park to be a popular choice in terms of affordable residential options. Villas and townhouses in Dubai Investments Park are also available for those looking for larger accommodations. The return on investment in townhouses in Dubai Investments Park is 8.5%.
3. Jumeirah Village Circle
With its location in the center of new Dubai, surrounded by landscaped gardens, as one of the best areas to buy townhouses in Dubai, this place offers an array of amenities, making it a popular choice among renters and buyers. The tranquil atmosphere of JVC is complemented by its lush gardens and canals, which invoke a sense of serenity in the midst of such a bustling city. Due to the abundance of schools, parks, and fitness centers here, ex-pat families are particularly attracted to this community in the emirate. Due to its high rental yields and lucrative pricing, the townhouses in Jumeirah Village Circle are extremely popular with real estate investors. The return on investment on townhouses in JVC is 6.5%.
4. Dubailand
This massive Dubai Property development is a hotspot for residential development with some of the best investment townhouses in Dubai. A variety of facilities are included in this development, including theme parks, shopping malls, ecotourism projects, and residential developments. Additionally, it is a popular tourist destination and a popular investment location because of its affordable townhouses. The residences are designed to appeal to families and come with distinctive lifestyle amenities. For those who enjoy living in a close-knit community, townhouses in Dubailand are a perfect fit. Fans and players of polo are mostly attracted to Al Habtoor Polo and Resort Club. Townhomes called The Residences are part of its exclusive collection. The return on investment in townhouses in Dubailand is 5.6%.
5. Emaar South
A highly sought-after address in Dubai is Emaar South. It is well connected to Dubai despite being located on the outskirts. The properties in Emaar South are distributed across different sub-communities. The Emaar South addresses are among the most coveted in Dubai. A jogging track, walking and biking paths, a playground, and an indoor swimming pool are all part of the master plan for the project. Townhouses in Emaar South offer an upscale and clean environment for raising a family. It also has central parks that are dedicated to each residential subdivision and some of the best townhouses in Dubai. The return on investment in townhouses in Emaar South is 5.2%.
Listed above are affordable areas to buy townhouses in Dubai. Check back with Houzon for the latest UAE property news and sales trends.