Apartments for sale in Dubai-a simple investment

Soon after the discovery of oil reservoirs in mid of 1960s, United Arab Emirates started exporting petroleum products to earn GDP. Initially, this territory emerged as largest oil based economy. Later with strategic planning and enthusiastic efforts of investors enable UAE to become business and investment hub in the region of Middle East. Especially, Dubai the second largest emirate among all seven showed exceptional progress in all sectors including business, trade, real estate and finance. The city also invested huge money to build up city infrastructure and real estate to facilitate residents.

Luxury lifestyle facilities, tax-free business and investment opportunities, negligible crime rate and progressing economy enable this city to gain the worldwide status of most desirable place to live or invest. Local and foreign entrepreneurs started considering investing in business and finance sectors in the city. Moreover, after the implementation of freehold property law, foreign buyers started thinking about investing in an asset market. Surprisingly, they find real estate very simple to invest and earn profits. There are number of ways you can opt to invest in an asset market. Real estate is a huge sector which is capable to offer several profitable opportunities for investors.  Among them, all apartments for sale in Dubai turned out to be the simplest way to earn profits.

Wide select of units which are available for sale, include serviced/furnished studios, classic, and hotel apartments. You can choose to buy the most suitable type to secure profits. Perhaps, you want to earn profits in long run. In this case, you should go for renting. However, if you are seeking to generate profits quickly selling on higher prices will be the right option for you. If you are buying any kind of residential property to generate earnings or profits, it will be different from becoming a conventional homeowner. As you are not actually living in your home rather you are renting or selling it to others.  Below I am discussing few major types of apartments available for sale.

Serviced /furnished apartments

They are ideal for those who want to generate regular income after renting their residential unit. Overseas investors can also avail this opportunity. Solid growth in the tourism sector has made it very profitable as people are flocking to Dubai throughout the year for multiple reasons. You will be able to generate fixed rental income with lower risks. As you are not renting your property for a long term, lesser paper work is required. No need to sign lease contracts. Letting will be same like booking a room in a hotel. Moreover, the occupant will not demand to for minor repairs and maintenance issues if there are any. Buying a serviced studio or furnished one-bed classic unit will be the best choices for you if you want to generate income on regular basis. 

Hotel Apartments

They are more like hotel suites, what make them different from traditional hotel rooms is that they allow an occupant to cook their food on their own and it’s not mandatory for them to avail room services. If they want to avail room services, they need to pay extra money for that. The major benefit of buying such units as investment property is that you don’t need to deal with tenants directly as such projects possess their own operating system of booking. But as you possess the ownership of the particular unit you can earn good money after letting it.

Whether you have opted to invest in serviced/furnished units or Dubai hotel apartments, there is always a good chance to earn profits. If you want to buy apartment unit in Dubai, it’s better to contact a reliable real estate firm. They will identify your needs and budget and show the most suitable units available for sale. 

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What to consider while choosing short-term accommodation in Dubai?

Whether you are on holiday trip, business trip or relocating Dubai after finding a job there, suitable residence is essential need. Finding suitable accommodation place can be strenuous and confusing for you. Being the hub city and most visited city in the region of Middle East, Dubai possess numerous type of lodging options. From hotels and resorts Dubai also proffers a range of furnished apartments as short-term rental accommodation option in Dubai. Serviced studios, apartments, hotel apartments, villas and guest houses are few examples of short-stay shelters available in Dubai. A lay man can think that hotels are the most suitable option for short stay in Dubai. Despite being world famous for their luxury, ultra-modern amenities and proximity to important destinations in the city, regular travelers consider staying other short-stays because of the significant price difference. Besides low price, other advantages you may enjoy is more living space, own kitchen and privacy like living in your own home. In order to avail all the benefits of staying in a short-stay other than luxury hotels it is necessary to consider certain important things.

Essential considerations for choosing short-term accommodation in Dubai

Booming economy, business and investment opportunities enable Dubai to get itself recognized as the business and trade hub with plenty of job, business and investment opportunities for everyone who wants to upgrade his/her standard of living. Not only holiday makers but also skilled professionals and investors choose Dubai as their destination to visit. If you are among the one relocating here for same reasons it is better choosing short stays other than hotels for your accommodation. If you consider the following things you can successfully select the most suitable short-term housing in Dubai.

Lifestyle essentials you must look for

No one want to sacrifice for lifestyle essentials like fully equipped kitchen, WiFi internet access, direct phone line, cable television and comfortable living space for finding affordable living space. When choosing a serviced and furnished short stay in Dubai, people are expecting housekeeping and security services like hotels. Besides these essentials, you can also check them for extras like workout facilities, retail and entertainment opportunities located near by the neighbourhood.

Must know your budget and length of stay

However, furnished short stays are affordable as compared to luxury hotels in Dubai; it is good to estimate your budget and length of stay.  You can compare the expenses of staying in hotel with other short-term accommodation located in the same neighbourhood. You will find great difference among the two. Those who wish to extend their stay find such options really cost effective as they could enjoy furnished living without paying huge money.

Location is important when choosing short-stay in Dubai

Location is another important thing you must check while booking short stay in Dubai. It is better choosing a short stay that provides easy access to city popular areas, business centers, restaurants, shopping and entertainment places in the city. And if they are not located in close proximity, you must have easy access to public transport like taxis and metro stations. If you don’t consider the location you may spend huge money to avail common life style amenities.

Focus on your personal needs
Last but not least; you should focus on your personal needs before taking final decision while choosing short term accommodation in Dubai. Are you going to stay alone or with your family? It’s obvious you need more living space if you are staying here with your whole family. Furnished villa and apartment would be great for you. On the other hand if you are alone or even with one of your friend or a family member a serviced studio or a spacious hotel apartment will be sufficient for your needs.

If you consider these little things while choosing short-term accommodation in Dubai for your extended stay, you will certainly enjoy comfortable living at significantly affordable prices as compared to luxury hotel suites in Dubai.

Angela Davis:

Angela Davis is a passionate and an experienced writer and social media consultant. She always try to produce unique and stimulating content for their valuable readers.

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