Dubai ranks among the top investment destinations for real estate units including luxury villas and plots. Investors who like to build strong property portfolios choose both off-plan/ready properties as well as plots of land.
Top communities for plots
Modern communities in Dubai where investors can purchase land plots include Palm Jebel Ali, Dubai Islands, Jumeirah, Al Furjan, Dubai Hills Estate, Mohammed Bin Rashid City, Nad Al Sheba, Jebel Ali, Al Wasel, and Expo Valley.
The pros
Investing in plots of land in Dubai offers multiple benefits and can be a smart strategy. Major advantages of purchasing plots include the freedom to customize residences as per buyer’s aspirations, control over project timeline, and high capital appreciation potential.
Long-term residency
Interestingly, investing in properties in UAE worth at least AED 2 million makes you eligible for the long-term UAE Golden Visa. Further, there is no tax on property purchases. Also, Dubai properties promise high ROI.
Key considerations
If you plan to invest in plots, you need to evaluate them based on multiple factors. Consider connectivity options (roads, airport etc.), state of infrastructure, and range of amenities in the neighbourhood. Also, check if the plot offers convenient access to Dubai’s major leisure and business hubs.
Further, it’s important to understand Dubai’s regulations on land ownership and development. Contact QSA Real Estate get strategic guidance on buying lucrative plots in Dubai.
