Since the announcement of Expo 2020 Dubai, Dubai has become a centre for the development of unique residential and commercial projects. The strategically located Expo 2020 site, close to Al Maktoum International Airport, has also seen numerous interesting residential projects being launched nearby. Six Senses Dubai Residences is also a new development with a high ROI. These off-plan properties in Dubai near the Expo 2020 site offer a convincing investment chance, with reasonable prices and flexible payment plans.
Growth Drivers:
There are numerous opportunities for the real estate industry from the EXPO 2020 due to a list of promising policy improvements and schemes launched by the UAE government. These are like, the Golden card visa, investor visa, 100% foreign ownership for enterprises, easy payment plans, long-term residency options for specialists, and the flexibility offered by financial organizations in debt payment, and foreign senior citizen schemes. W Residences Downtown Dubai is the latest residential structure in Dubai offers luxury apartments at reasonable prices.
Furthermore, the achievements of Expo 2020 will also get enhancement from the recent venture of ICD and Dubai South to launch the ‘Dubai Global Connect (DGC). The initiative is to connect global wholesale purchasers and sellers. DGC is a wholesale market platform that relates purchasers and sellers worldwide.
Expo 2020 to Spur UAE Economic Growth to 4.5%:
The Expo 2020 will be a big push for the UAE economic evolution, which is under 2% in 2020. The professionals expect that Expo 2020 will take UAE economic progress to new elevations, with GDP growth surging to 4.5% over the next few years.
Communities near Expo 2020 for Property Investment:
Dubai South:
The list of areas with high ROI near Expo 2020 Dubai cannot be finished without mentioning Dubai South. This community has the honor to host the worldwide event.
A fast community, it distances over 145 square kilometers. The area features both apartments and villas, but the latter exceeds the former when it comes to ROI. You can produce a 5.26% ROI by purchasing a villa here. New development for villas and signature villas with high ROI is Six Senses Dubai Residences.
Jumeirah Golf Estates:
It is one of the most peaceful communities in Dubai, with five beautiful lakes. Further, there are two great golf courses situated in this neighborhood.
When it comes to the choice of properties, it’s the best option if you want to purchase a villa in Dubai for investment purposes. As the villa market is prosperous in Dubai, purchasing one in Jumeirah Golf Estate can be beneficial for you with a 6.47% ROI.
Apart from villas, the community also features luxury townhouses that come with modern facilities. Now a day the most suitable project for luxury apartments in Dubai is W Residences Downtown Dubai.
Al Furjan:
Al Furjan is another area near Expo 2020 Dubai that has appeared as a top option for investors. If your preference lies in gated communities in Dubai, you can purchase possessions in this area. It is appropriate for both villas and apartments with an ROI of 5.62% and 6.68%, separately.
Dubai Investment Park:
A more suitable choice for apartments, Dubai Investment Park, is another area near Expo 2020 Dubai that presents high ROI. It is a mixed-use community containing both commercial and residential properties accessible for sale and rent. Apartment buildings, however, are situated in The Dunes Village, Ritaj, Ewan Residences, and Green Community. Most of them are low and mid-rise structures that come with state-of-the-art facilities; thereby, presenting an extravagant lifestyle to residents with 8.26% ROI.
Discovery Gardens:
Next on the list of top societies with high ROI close to Expo 2020 is the beautiful Discovery Gardens by Nakheel. It structures themed collections, namely:
- Zen
- Contemporary
- Mediterranean
- Mogul
- Cactus
- Mesoamerican
For investors, Discovery Gardens can generate an ROI of up to 7.54%. So, if you are finding an apartment for sale in Dubai for investment purposes, you can explore properties in this area and choose the best one to put your cash into good use.
Wrapping Up:
In all, the Dubai property market has a lot of prospective for those pursuing. The Six Senses Dubai Residences is the most suitable property for investment purposes. As the market is presently improving, it’s the right time to purchase property as an investment since the prices are expected to increase shortly. Learn more
