by Infra Gulf 
Dubai has been blessed with a surging economy even when the pandemic hit the country. There have been a lot of factors that greatly affected Dubai’s booming economy. There’s the recently concluded EXPO2020, the visa reforms, the numerous tourist attractions, and locations during holidays and the world’s most luxurious, out of this world launched such as the Museum of the Future. And just recently, Dubai has yet again launched another project that will boost the economy of Dubai even better – the D33 Agenda.
One of the many people who are slowly settling in Dubai is immigrants and ex-pats. Some chose to retire and live in Dubai, while others are here to pursue their dream jobs and live in one of the most luxurious cities in the world. The real estate industry is one of the most likely affected (in a good way) since more and more people are looking for places to settle in, whether it’s a long-term or a short-term stay.
Based on the data compiled by a real estate agency, Dubai Marina was the top spot where ex-pats bought apartments last year, followed by Palm Jumeirah and Business Bay. The most significant price increase was in Palm Jumeirah, up to 30% with an average sale price of AED 2,178.13 per sqft, while units in Business Bay appreciated by 8% in 2021 and were sold at AED 1,441 8 per sqft.
All three areas are freehold, have good connectivity and amenities, and have a range of options that may come at the right price tag for you. Properties here are easier to resell and rent out and make for perfect Dubai living. We have rounded up with a studio, one and two bedrooms can cost in these areas, which are the most popular buildings and why.
Dubai Marina is a lively hive of activity and its famous skyline is recognizable worldwide. The winding marina, which snakes 3.6km through a landscape of residential and commercial towers, is home to more than 600 boats and yachts, many with multimillion-dollar price tags. It is one of the best-connected neighborhoods in the city. Dubai Metro, Dubai Tram, Dubai bus — it has all.
Palm Jumeirah. This man-made island is the luxury playground of the wealthiest people in the world, with villas sold for AED 130M or $ 35.3M. But that does not mean there are no options for the middle-class buyer. The Nakheel development is a thriving hub for tourists and residents alike. It is home to more than 18 hotels and resorts, a water park, and its own dedicated public transport network, the monorail. It has of the world’s largest fountains at The Pointe, which overlooks the famous Atlantis Hotel and the newly opened Dubai’s Atlantis The Royal.
Business Bay is more than a mere skyscraper. It is also a fine residential district with entertainment venues, a range of apartments, hotels, restaurants, and retail outlets. The best part of living in this area is that you are so near Downtown Dubai. Maple Bear nursery, Jumeirah Primary School, Jumeirah College, English College, and Horizon School are just across Sheikh Zayed Road. Emirates Hospital Clinic is within the community and Medicare hospital is a short distance away.
The three mentioned location has studios that prices range between AED 700,000 to AED 2M at minimum. Just the right price for ex-pats who are starting out a life in the Emirates but still in style.
