Well-known for its high skylines, stunning infrastructure and luxurious lifestyle, Dubai is famous for its thriving real estate market. For investors seeking profitable opportunities in this dynamic city, the quest for the best return on investment (ROI) often leads them to explore apartments. With high rental yields and tax-free capital gains, apartments and villas are the most considerable choices.
People explore studio,1-bed, 2-bed and 3-bed apartments for investment and rent them out to earn a high income. Today, let’s delve into the details of the popular areas with the best ROI for 3-bedroom apartments in Dubai.
Dubai Neighborhoods With High ROI for 3-bed Apartments
With stunning growth in the business and real estate sector, Dubai is living up to its nickname, The City of Gold. As reported in the dubizzle H1 real estate sales market report, many neighbourhoods have shown a rise in ROIs and property value.
If you want to invest in properties, narrow your search by looking for prospects in these top areas with the best ROI for 3-bedroom apartments in Dubai.
Jumeirah Lake Towers (JLT)
Jumeirah Lake Towers (JLT) is a developed community with 26 clusters of high-rise buildings. Surrounded by gardens and lakes, the neighbourhood is a popular freehold property area in Dubai.
For investors, JLT is one of the top areas to invest in Dubai real estate for 3-bedroom apartments. Offering an ROI of 10.25%, one can buy a 3-bedroom apartment in JLT for an average sales price of AED 2.73M.
Motor City
Motor City is second on our list of areas with the best ROI for 3-bedroom apartments in Dubai. It is a self-contained community home to one of the popular race tracks, Dubai Autodrome. Investors can earn an ROI of 9.35%, estimated from the rental yield.
Additionally, one can buy a 3-bedroom apartment in Motor City for an average price of AED 1.85M.
Dubai Silicon Oasis
Home to residential buildings and gated villa communities, Dubai Silicon Oasis is a free-zone property area in Dubai. While free zones and freehold areas offer different sets of properties, DSO is a sought-after area for residential apartments. Dubai Silicon Oasis is the topmost area with the best ROI for studio apartments in the Emirate.
Buyers can earn an ROI of 6.97% from 3-bedroom apartments in DSO. Moreover, these 3-bed apartments for sale in Dubai Silicon Oasis have an average price of AED 1.46M.
Jumeirah Village Circle (JVC)
Fourth on our list is Jumeirah Village Circle (JVC). It is one of the top areas with the best ROI for apartments in Dubai, including the 3-bedroom configuration. The community is home to low-rise apartment buildings and villas.
Those looking for areas to buy affordable apartments in Dubai can explore JVC. The neighbourhood has hotels, supermarkets and schools alongside other world-class amenities.
3-bedroom apartments in JVC offer a rental yield of 6.56%. Alongside this, the price of 3-bedroom apartments for sale in JVC has averaged AED 1.87M.
Dubai Marina
Home to luxurious apartments and the tallest skyscrapers in the world, Dubai Marina is another area offering an impressive ROI of 6.32% for 3-bedroom apartments in Dubai. It is a district with many amenities, such as shopping malls, supermarkets and dining options.
The residents have convenient access to public transport in Dubai. Moreover, it is a famous tourist destination in the Emirate. One can buy a 3-bedroom apartment in Dubai Marina for an average price of AED 3.9M.
Dubai Creek Harbour
Developed by Emaar Properties, one of Dubai’s leading real estate developers, Dubai Creek Harbour is home to several serviced apartments and residential spaces in the high-rise buildings. It is one of the most sought-after areas with the best ROI for 3-bedroom apartments in Dubai.
With parks and other facilities within the neighbourhood, one can buy a 3-bedroom apartment in Dubai Creek Harbour for an average price of AED 3.5M. Besides, investors can earn 6.20% ROI from these 3-bed apartments.
FAQs
Which Area Has the Highest ROI in Dubai for 3-bedroom Apartments?
JLT has the highest ROI of 10.25%, estimated from the rental yield. Other areas include the following:
- Motor City: 9.35%
- Dubai Silicon Oasis: 6.97%
- Jumeirah Village Circle (JVC): 6.56%
- Dubai Marina: 6.32%
- Dubai Creek Harbour: 6.20%
- Downtown Dubai: 5.88%
- Jumeirah Beach Residence (JBR): 5.33%
- Business Bay: 4.62%
- Palm Jumeirah: 3.62%
What Factors Contribute to High ROI in Specific Areas for 3-bedroom Apartments in Dubai?
Several factors, such as location, amenities and facilities, contribute to the high ROI for different apartment configurations in Dubai. When investing in an apartment for sale in Dubai, you can search for the popular areas and neighbourhoods with the best ROI.
These were all the top areas with the best ROI for 3-bedroom apartments. It can ease your investment research. Besides, you can explore the popular areas with the best ROI for apartments in Dubai and keep an eye on market trends when investing.
Stay tuned to the dubizzle property blog to learn more about the various areas and real estate investment opportunities.
Disclaimer: The areas, average prices and ROIS mentioned above are listed according to the trends observed on dubizzle. It may or may not represent the actual market transactions.
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