Buyers’ Quick Guide to Property Handover in Dubai

Congratulations! Your off-plan property in Dubai is ready for handover. But before you assume possession, there’s a daunting handover process waiting for you. Because without proper guidance or the support of a real estate agent, the property handover process can seem meticulous and time-consuming to most buyers and investors. So, as you prepare to move into your dream home or finally see some return on your investment, this quick guide to property handover will smoothen your path to possession.

 Step 1: Completion Notice

Instantly after the building is completed, the real estate developer will inform the Dubai Land Department (DLD) about the project completion. The DLD will then issue a completion notice to the developer, who will forward the same to the buyer, giving them 30 days to move in or risk penalties being imposed. The completion notice will contain the prerequisites stipulated by the developer that must be fulfilled by the buyer before taking physical possession of the property. 

Step 2: Property Snagging & Inspection

After receiving the completion notice, buyers must arrange a date and time with the developer to conduct a final property inspection. This is known as snagging inspection, wherein the buyer checks the new property for any defects or faults. If a buyer fails to carry out snagging within the developer’s allotted timeframe, it will result in a waiver of rights and the buyer will have to accept the property as is. During snagging, the buyer should list all the defects, such as loose tiles, leaky taps, etc. and report them to the developer.  

Step 3: Property Handover Notice

Once all snags have been rectified, the developer will receive an occupancy certificate from the Dubai Municipality. They will then send a property handover notice stating that the property is ready for beneficial occupancy. The handover process usually takes a few hours or, in some cases, a couple of days. It is essential for the buyer to be present on the day of handover to sign the necessary documents and make the final payments.  

Step 4: Final Payments

Added to the completion notice is a handover pack which includes the details of the buyer’s completion/account statement, outlining clearly the amount paid and pending. Some of the outstanding payments include final installments on the purchase of the property, Oqood fees or pre-registration fees, registration fees, service charges, administration fees and utility registration fees, among others. Buyers can also connect their DEWA account to make the payment for deposit and connection charges.  

Step 5: Final Handover

Once all outstanding payments have been cleared, the developer will give the buyer an appointment to sign the final paperwork and receive the keys/access cards. At the time of the final handover, the buyer must bring along original documents, including passport, Emirates ID card, sales agreement, payment completion certificate, utility and payment receipts and DEWA security deposit receipt, among others. The buyer will then sign a Certificate of Completion and Possession (CCP).

Step 6: Post Handover

Kudos for coming through with the handover process. You now own a piece of Dubai to move into, rent or sell. For best guidance on property handover or property management, investors and buyers can leverage the expertise and resources at RiseUp Holdings’ disposal. 

Distressed property deals in Dubai | Important things to know

Real estate comes with a substantial amount of investment. They often become distressed due to financial difficulties faced by the property owner. Consecutive failure to make loan EMIs leads to banks seizing and selling the property to recover the unpaid loan.  Such situations sound hopeless for the owner, however, offer great deals to buyers. Therefore, if you’re an avid real estate investor, it is necessary to gain important insights into distressed property deals in Dubai. 

Distressed properties are usually valued much lower than their actual market price. In addition, some external factors such as the sudden need for capital can also result in distressed property deals in Dubai. Hence, a potential buyer can either think of getting a mortgage or completing a cash transaction. Here’s how you can close distressed property deals in Dubai:

Find an experienced agent in Dubai real estate 

Distressed property deals in Dubai are not easy and have unique pitfalls. While thinking to close a deal, one should always connect with an experienced agent in Dubai real estate who can handle specific issues related to such properties. Being a buyer, making a big investment decision can be challenging considering the diligence required in closing distressed property deals. Thus, buyers must ensure clarity and understanding of the process before making a deal. RiseUp Holding is one of the most trusted names in successfully closing distressed property deals in Dubai and handled dozens of issues in the domain.  

Acquire in-depth knowledge about the State’s law

Every state or country has its own laws for selling and buying distressed properties. Some state laws are seller/buyer friendly while some can add obstacles in closing the deal. Similarly, UAE is one of the hottest destinations for all types of properties and investors take a keen interest in distressed property deals in Dubai. However, the state laws and procedures in Dubai for purchasing real estate are detailed. Thus, the imperative is to know the key legal restrictions and regulations in the region. Considering the diligence level in this space, one must get in touch with an experienced real estate agent who has an understanding of a multitude of rules and procedures in the city and can have a significant impact in closing distressed property deals in Dubai. 

Get into reasonable negotiation professionally

Finding distressed property deals in Dubai can be easy. But getting through a reliable one with appropriate valuation perplexes the investor’s mind. This majorly happens when a seller is in urgent need of capital and the buyer has to make a quick decision to cash in the opportunity. In this scenario, the seller wants to quickly close the distressed property deal in Dubai and the decision-making process is faster than the diligence process of the buyer allows. RiseUp Holding has extensive expertise in distressed property deals in Dubai and can offer lucrative opportunities to buyers as well as sellers. Their professional negotiation and valuation process helps stakeholders leverage the exciting opportunities in Dubai real estate market. 

 Are you looking for an appropriate distressed property deal in Dubai? RiseUp Holding can help in acquiring a direct deal from the seller offered at a good price. Connect with the company’s expert team that can help you with a range of properties in the UAE. 

Is It The Right Time to Invest? | Commercial Real Estate Companies In Dubai

Commercial Property For Sale

The secret to making any successful investment is good timing. If you are planning to invest in Dubai’s commercial real estate market, make sure it is the right time to do so. Much like any other investment vehicle, real estate goes through its ups and downs as well. However, according to the top commercial real estate companies in Dubai, a market downturn does not necessarily mean you should avoid investing at this time. Real estate prices tend to go down during downturns. Investing during such a phase may set you up for making big profits down the road. All you have to do is find that sweet spot when the market is starting to rise. Below are a few other tips that should help you figure out if it is the right time to invest.

Study the market closely:

As the commercial real estate companies in Dubai will tell you, commercial real estate varies by market, submarket and type. The industrial property sector has seen its fair share of growth because of the direct-to-consumer shift. Because of this, the demand for regional warehouses has increased. More and more people are shopping online, which is why the number of regional malls are also decreasing. The market is constantly evolving, which is why you need to study it carefully. You should also pay attention to the migration patterns that can create vacancy in some areas and demand in others.

Buy when you can afford to:

You should only buy a property when you can afford to. You do not need to wait for a downturn to get a “steal.” If you have the finances to buy right now, you should go ahead. On the other hand, if you cannot afford it, you should wait even if it feels like the ideal time to invest. Just because a down market is beneficial for some does not mean it is the same for everyone.

Partner with a commercial real estate agent:

The support and guidance offered by commercial property estate agents Dubai can prove to be invaluable to you. An economic downturn affects the commercial real estate sector differently. That is why you should partner with a professional who has a vast knowledge of the real estate market of a specific region as well as the commercial sectors and economic patterns. Only a commercial real estate professional can help you find and analyze the data required to leverage the market conditions.

Find a local expert:

When partnering with commercial property estate agents Dubai, you should always choose a local expert. They are the ones who have the appropriate knowledge and experience to help you. Having observed the market fluctuations for years, they are in the best position to give you advice. A local expert will be able to tell you which areas have the highest potential for growth and are ideal for investing.

Pay attention to the economy and demographics:

A close look at the local demographic and economy should help you determine whether or not it is the right time to invest. The commercial real estate companies in Dubai can help you make a solid hypothesis based on data and stats. However, you can do your research and offer input as well. For starters, you can check out similar properties and find out if the market for them is shrinking or growing. Secondly, you need to check the employment rate in the area. The factors will play a critical role in your decision-making process.

Look for sustainable and consistent city growth:

Consistent and sustainable growth are great indicators that tell you which locations are ideal for investing. As the commercial property estate agents Dubai will tell, the city is always growing and evolving. A major chunk of the city’s economy relies on real estate. That means there is always something exciting happening in this sector. New developments are taking place every year, and there are great investment opportunities everywhere.

Identify and evaluate your goals and objectives:

Investing in commercial real estate without a clear and strategic objective can be a serious mistake. For example, let’s say your original plan was to invest in a retail shopping mall, but your research and market analysis show that a warehouse space that supports home deliveries would be a better investment. In this scenario, changing your objective would be the obvious choice. If you do not have a strategic goal that is backed by data, the commercial real estate companies in Dubai can help you with that.

Prioritize flexibility and reuse:

The reliable and experienced commercial property estate agents Dubai will always advise you to focus on flexibility and reuse, two qualities that make a commercial property ideal. That is because whenever the market experiences a downturn, one or more commercial sectors get hit the hardest. For example, the downturn caused by the COVID-19 pandemic has affected commercial real estate involving retail and office space the most. If you can find a property that can be repurposed and reused to meet the need of the hour, you will win regardless of the effects of the market downturn.

Find the best commercial property estate agents Dubai at RiseUp

So far, we have looked at all the ways you can determine whether or not it is the right time to invest in commercial real estate. However, regardless of what you decide, one thing is for sure – you need the help and guidance of commercial real estate companies in Dubai to make sound decisions. RiseUp is one of top real estate companies in the UAE. With years of experience in the commercial real estate sector, the agents at RiseUp are best suited to work with you on your investment journey.

Besides agents who can help you find the right properties, RiseUp also has reliable investment advisors and a highly efficient legal team to back you up every step of the way. If you are wondering about how they can help you invest in commercial real estate in Dubai, get in touch with them today!

The Most Important Factors You Should Consider When Investing in Real Estate

top investment companies in Dubai

Planning to invest in Dubai real estate? If so, it can be the smartest investment decision of your life. The city’s real estate sector has been steadily on the rise for years now, and with the help of the top investment companies in Dubai, you can get in on the action! One thing you need to remember is that like all other investment vehicles, real estate has its risks too. That is why making sound decisions based on facts and information is so crucial. Having the help of professionals is certainly a boon, but you need to educate yourself too. Here are some of the most important factors you must keep in mind before making a real estate investment.

Property location

Even if you consult a long list of investment companies in Dubai, they will all tell you that location is one of the most crucial factors to consider when buying a property. Whether you are planning to invest in a residential or a commercial property, location will play a critical role in determining profitability down the road. An ideal location should be in close proximity to green spaces, necessary amenities, markets, transport hubs and so on.

What you should look for:

According to the top investment companies in Dubai, when choosing a property location, you should consider how that particular area is expected to evolve over the next few years. For example, the scenic open land behind the property could someday turn into a noisy factory, which will significantly diminish property value. That is why you should review the intended usage and ownership of neighboring areas before investing.

A list of investment companies in Dubai do just that before suggesting possible locations to their clients. With connections to the right government bodies and other agencies, they are able to find the necessary information much more quickly than you might. That information will determine how favorable or unfavorable a location will become in the future.

Property valuation

When you hire one of the top investment companies in Dubai, they will start by performing a property valuation. That is a critical step that will be useful and even necessary for purposes such as insurance, investment analysis, price listing, and purchase.

What you should look for:

A list of investment companies in Dubai use various methods when performing real estate valuation. Some of these methods include the sales comparison approach, which involves comparing sales of properties that have similar characteristics. Then there is the cost approach, which covers the cost of the construction and the land minus depreciation. This one is best suited for new constructions. Third comes the income approach, which relies on the expected cash inflow. You should use this one if your ultimate goal is to rent out the property.

Investment purpose and horizon

As per a list of investment companies in Dubai, most real estate investors who fail or face financial distress do so because of a lack of a clear purpose. That happens mainly because real estate is a high-value investment vehicle with low liquidity. Moreover, if your investment is mortgaged, you should pay extra attention to your ultimate purpose.

What you should look for:

Any of the top investment companies in Dubai can help you get clarity on your purpose. Here are a few broad categories that generally apply to real estate investors. You can choose any of these as the purpose of your investment.

  • Buy and sell in the long term
  • Buy and sell in the short term
  • Buy and lease
  • Buy and self-use

Expected profit opportunities and cash flows

Before investing in real estate, you should always take into account the issue of ROI. Cash flow refers to the amount of money you are left with after expenses. To get a good return on your investment, you should always try and maintain a positive cash flow. The top investment companies in Dubai can help you achieve that.

What you should look for:

When calculating the expected returns, a list of investment companies in Dubai consider the following expenses and profits.

  • Income generated from rentals (inflation can give you a surge in cash flow)
  • Potential rise in intrinsic value because of long-term appreciation
  • Benefits of depreciation
  • Cost of renovation before resale
  • Increased property value due to renovation

Existing property vs. new construction

With new constructions, you might get attractive pricing, customization options, and contemporary amenities. On the downside, there may be increased costs, risk of delays, and the uncertainties associated with a newly developed neighborhood. Existing properties, on the other hand, offer you faster access, convenience, established improvements, and lower costs.

What you should look for:

Here are a few things you need to do when choosing between an existing property and a new construction.

  • Before choosing a new construction, make sure to research the developer and review their reputation and past projects.
  • Thoroughly review appraisal reports, recent surveys, and property deeds.
  • Consider outstanding dues, maintenance costs, and other expenses.
  • Check the quality of equipment, fixtures, and furniture (if these are included in the sale).

There is a lot of money to be made in real estate. Dubai’s economy relies a lot on the city’s booming property sector. With investors coming here from all around the world and new constructions taking place every year, the real estate investment sector looks promising.

If you are planning to get into it, having the guidance of an investment company will be a boon for you. RiseUp, one of the leading real estate investment firms in the UAE, will be an ideal choice. With an in-house team of dynamic and experienced professionals, RiseUp is best positioned to help you in your journey.

From advising you on various investment related matters and helping you find ideal properties to closing favorable deals and dealing with the paperwork, RiseUp can do it all for you. To know more about their services and how they can help you invest better, give RiseUp a call or drop them an email today!

Benefits of Hiring a Property Management Company to Oversee Your Commercial Real Estate

dubai property management fees

Owning commercial properties in any of the big cities in the UAE can be financially rewarding. However, it takes a lot of effort and dedication to succeed as a commercial real estate owner. You may be great at investing, but if you fail to manage your properties, you will incur heavy losses. That is why you need to hire one of the top property management companies in Abu Dhabi to manage and oversee your investment property. Property management is a full-time job, and if you cannot commit to it, you should let professionals do it for you. Besides, there are numerous benefits of hiring a property management company. Here are a few that should convince you:

They will help you find high-quality tenants

Finding and screening tenants may be one of the most complex and time-consuming tasks that you will have to do as the owner of a rental property. Furthermore, if you do not have much experience in it, you may end up choosing a bad tenant. Bad tenants may delay or skip payments, damage the property, or carry out illegal deeds at the property. Worst of all, getting rid of them is harder than you may think. The top property management companies in Abu Dhabi have verified and reliable screening process that helps them find tenants who will:

  • Pay rent on time
  • Rent long-term
  • Minimize property damage
  • Not cause problems

An experienced property manager with years of experience in the industry can quickly identify red flags and choose tenants accordingly. They can help you avoid rental scams, discrimination lawsuits, and many more hassles. You can even find a company with significantly low Dubai property management fees.

You can avoid facing legal problems

Owning commercial real estate can be a bit more complex than owning residential property. There are several legal obligations that you need to know about and fulfill. Hiring one of the top property management companies in Abu Dhabi means you do not have to worry about all that. Then there is the issue of bad tenants. We cannot overstate how much pain a single bad tenant can cause. They are also a great liability both legally and financially. A property manager will take care of the following aspects:

  • Running background checks on potential tenants
  • Facilitating tenant evictions
  • Signing and terminating rental or lease agreements
  • Collecting and handling security deposits and rents
  • Performing unit inspections and ensuring safety
  • Keeping the property in good shape

The best part is that the money you will save with their help is the money you can use to pay Dubai property management fees.

Your properties never remain vacant for too long

Filling vacancies is one of the most crucial aspects of managing a property. You can hemorrhage money by leaving your commercial property vacant for too long. No property owner wants that, but it can happen if you fail to find suitable tenants on time. A property manager who works for one of the top property management companies in Abu Dhabi will take care of the following tasks to make sure that all vacancies are filled right away:

  • Determine the ideal rent rate: If the rent is too high, finding tenants can be difficult. If the rent is too low, you start losing money. Setting the right price requires insight into the local real estate market, access to professional rent calculating tools, and data on similar units.
  • Prepare the property for rent: Sometimes, you need to give your properties a makeover to appeal to the potential tenants. However, spending money willy-nilly won’t get you the desired outcome. Professional property managers know just what cosmetic improvements your property needs to attract tenants.
  • Promote your property: Marketing is just one of the many talents of the top property management companies in Abu Dhabi. They have run numerous ad campaigns for the properties they manage, and they know just how to promote your property on the right platforms. Moreover, since they do it a lot, they might be able to get you competitive rates for running ad campaigns.

You get a host of personal benefits:

You can enjoy several great personal benefits by simply hiring professional property managers to oversee and manage your commercial property. When working with one of the top property management companies in Abu Dhabi, you can have:

  • More freedom: Hiring a property manager gives you a unique freedom. You do not need to live near your property, you can travel anywhere anytime without worrying about taking care of your source of income, and you never have to conduct tenant screening or property inspections. You can even expand and diversify your investment portfolio by getting properties in different locations.
  • More free time: Time is money, and you can earn a lot of it if you do not spend your time micromanaging your investments. Hiring a property manager means you have plenty of time to focus on your investment career or something else.
  • Much less stress: You need to have a high tolerance for stress to be able to manage a property on your own. Doing it by yourself means you need to be ready for late-night emergencies, chasing down payments, evictions, paperwork, finding contractors and fixing damages and so on. You can avoid all that stress simply by spending Dubai property management fees to get a professional.

These are just some of the many benefits of hiring a property manager for your commercial properties. If you want experienced professionals for the job, check out RiseUp, one of the leading property management companies in Dubai.

With years of experience in the industry, RiseUp is the best candidate if you are looking for property managers who can work efficiently on their own without supervision or guidance from you.

To enjoy the best benefits of having professional property managers, get in touch with RiseUp today! Give them a call or drop them an email with your query.

Top 3 Locations to Buy a House in Dubai You Need to Check Out!

buying agent real estate

Buying a house in Dubai may be one of the best investment decisions of your life. People from all around the world move here, which is why 85% of Dubai’s population is made up of foreigners and expats. Also, thanks to the city’s booming real estate market,  property prices are low, while rent remains high. That means if you are planning to live here, buying a house makes more sense than renting. On the other hand, you can also buy a house through one of the Dubai top real estate companies and use it to generate rental income.

No matter what your goals are, if you are planning to buy a house, make sure to contact a reliable agency real estate Dubai to find a property in one of the nice neighborhoods. If you are making a list of the ideal locations, here are a few top choices that you should consider:

Downtown Dubai

If you find yourself standing in front of Burj Khalifa, the tallest tower in the world, know that you have arrived at Downtown Dubai. As the Dubai top real estate companies would tell you, Downtown is one of the most sought after locations to buy a property in the city. You will find the best and most lavish properties here. Famous for its upscale communities and high-rise buildings, Downtown also possesses various other well-known attractions such as the world’s largest shopping mall and the world’s tallest performing fountain. Since it is situated right next to the Sheikh Zayed Road, Downtown is considered as the center of the city.

Types of properties you will find here and their prices

Ask any agency real estate Dubai, and they will tell you that Downtown is all about high-end and luxurious apartment towers. There is always some exciting new developments taking place here, and there is no dearth of residential apartments in the area. If having a scenic view is important to you, make sure there are no future developments planned around your property to block your view. Property prices tend to be high in Downtown Dubai, and they might even be the highest in the entire city. A one-bedroom apartment here might cost around AED 1,100,000 or USD 381,139.

Popular projects in Downtown Dubai

According to the Dubai top real estate companies, the most popular projects in this area are:

  • Burj Khalifa
  • Burj Vista
  • The Lofts
  • Act One
  • Downtown Views
  • The Residences

Jumeirah Village Circle

If you have always wanted to live in a modern village setting, most agency real estate Dubai will recommend Jumeirah Village Circle. Situated far away from the hustle and bustle of the city, this will be the ideal location for you if all you want is a peaceful life. Jumeirah Village Circle is famous for its lavish townhouses and villas. There are around 3,100, townhouses and 2,800 spacious villas here with tons of green spaces separating each block. You will also find all the necessary amenities here such as community centers, sports fields, schools, and parks. Being only 25 minutes away from the Dubai International Airport, Jumeirah Village Circle is also a convenient location.

Types of properties you will find here and their prices

At Jumeirah Village Circle, you won’t find many high-rise towers or buildings. Dubai top real estate companies might show you apartment projects such as Belgravia Heights and Belgravia III, which are no more than 4 to 5 floors high. However, some high rise building projects are currently taking place in the area if you are interested in them. You can also find four-bedroom villas that have three terraces and a spacious garage that can fit two cars. Such a villa might cost you AED 2 million or around USD 600,000.

Popular projects in Jumeirah Village Circle

Some exciting real estate projects in the area include:

Jumeirah Lake Towers

As any agency real estate Dubai will tell you, this location has the largest concentration of high-rise towers in the city. Situated right across the Sheikh Zayed Road, Jumeirah Lake Towers is also close to Dubai Marina. There are around 80 mixed-use towers and apartments in the area, and you will also find several hotels. It is a densely populated residential area, which is why you will find plenty of entertainment options and necessary amenities such as hospitals, schools, supermarkets, shopping malls, and restaurants. Ideal for families, Jumeirah Lake Towers attracts a high number of expats. The expat population of Dubai prefers this location because it is so close to the neighboring commercial areas.

Access to transportation is also great here. You will get Dubai metro and roads that connect to Abu Dhabi. On the other hand, if view is important to you and you have always wanted to live near water, you would not need to get a beachfront property. Jumeirah Lake Towers has four artificial lakes surrounding it. The lakes are strategically placed between the residential projects. Also, thanks to the green spaces and big parks, the area looks and feels much less congested and crowded than other parts of the city.

Types of properties you will find here and their prices

This location is known for luxury apartment projects. However, you can also find several different types of apartments such as hotel apartments, serviced apartments, and penthouses. You will also find some exciting off-plan projects here. If you are wondering about the cost, you should know that a one-bedroom apartment might have a price tag of 0.5-1 million AED and penthouses might cost 4-6 million AED.

Popular projects in Jumeirah Lake Towers

Some of the most popular projects in this area include:

  • IGO 101 Tower
  • Banyan Tree Residences
  • Seven City
  • MAG 214
  • Dubai Arch
  • Bonnington Tower

If you want one of the Dubai top real estate companies to help you out in your search for the perfect house, make sure you get in touch with RiseUp. Being one of the leading real estate companies in Dubai, RiseUp can offer you the guidance you need!

Top 5 Locations for Buying Luxury Apartments in Dubai

luxury apartments Dubai Marina

Planning to buy a luxury apartment in Dubai? It is a city known for its opulence and extravagance. So, if you are going to invest in a luxury home that offers both comfort and lavishness, it has to be Dubai. Whether you are looking for your dream home or an investment tool, this is the city that can provide you with both. Real estate is one of the strongest and most vital facets of Dubai’s economy. That is why there is no dearth of luxury apartments here. High net worth individuals from around the world come here to find luxury properties. If you are one of them, get in touch with one of the top real estate companies in Dubai 2021 for finding the ideal luxury apartment for you.

Where to buy luxury apartments in Dubai?

In Dubai, you will find numerous skyscrapers and buildings that have hundreds of apartments in them. That is why finding an apartment of your choice should not be too difficult. These apartments come in all sizes and configurations. They are also designed to serve the needs of families, couples, or singletons. The ultra-luxury apartments also offer state of the art facilities and amenities. There are several locations where you will find such properties. If you consult any one of the top 10 real estate companies in Dubai 2021, they are likely to suggest the following locations for your luxury apartment hunt.

Dubai Marina:

According to many top real estate companies in Dubai 2021, you should check out Dubai Marina first. This mixed-use waterfront community is the perfect spot for those looking to buy luxury apartments that offer an active lifestyle. Most of the residential housing projects in this neighborhood are known for being lavish. They offer some of the most luxurious apartment units with breathtaking views of Dubai’s skyline and the water. The best part is that in Dubai Marina, you will not only find ready properties, but you can also go for off-plan properties. Choosing an off-plan property through one of the top 10 real estate companies in Dubai 2021 can be an excellent investment decision.

Bluewaters Island:

The artificial island known as Bluewaters Island is another great spot where you will find ultra-luxury apartments. Here, you will find the iconic Ain Dubai, which is a massive observation wheel that offers enthralling views of the sea. Needless to say, this one attraction alone has significantly enhanced the value of this community. Being so close to the coastline of JBR (Jumeirah Beach Residence), Bluewaters Island is one of the prime locations for luxury apartments. That is why most of the top real estate companies in Dubai 2021 prefer this location for their A-list clients.

EMAAR Beachfront:

Jumeirah Bay Island is one of the elite neighborhoods in Dubai, and it is certainly one of the best spots for luxury apartments. Because it is so close to the sea, apartment owners are likely to get a great view from their balcony. Getting a luxury apartment in this area also gives you access to some of the best resorts in the Emirates. You can also find a yacht club and countless fine dining restaurants in the area. So, besides luxury, if you are also looking for an active lifestyle, this is the best location for you.

Downtown Dubai:

If you want to live next to Burj Khalifa, the tallest building in the world, Downtown Dubai is the ideal location for you. Downtown is a mixed-use community that features some of Dubai’s most popular attractions such as Dubai Mall and Dancing Fountain. These attractions get flooded with tourists during New Year’s Eve. Being the best shopping destination in Dubai also makes it a tourist hub. Besides its bustling lifestyle, Downtown is also famous for its strategic positioning. Buyers prefer this area because it offers them easy access to the major parts of the city. When looking for a luxury apartment in the area, make sure to go through one of the top 10 real estate companies in Dubai 2021.

Palm Jumeirah:

Everyone knows the name Palm Jumeirah. When talking about lavishness and luxury, you cannot miss it. Several A-list celebrities from around the world have found their vacation homes here. If you want to live next to high-profile individuals such as David and Victoria Beckham and Shahrukh Khan, this is the location where you should get your luxury apartment. Home to some of the most expensive properties in Dubai, the Palm Jumeirah has an international fame that is unmatched.

Wrapping up

These are five of the best locations in Dubai where you buy luxury apartments in Dubai. These locations attract some of the biggest property developers in the UAE, which means there is a plethora of high-end properties. Whether you are thinking about settling in or simply buying a luxury vacation home, you are sure to find the ideal property at one of these locations. On the other hand, if you are a real estate investor, getting a property here would be a huge boost for your portfolio.

No matter what your goals are, hiring one of the top real estate companies in Dubai 2021 will surely be beneficial for you. RiseUp, one of the leading real estate agencies in Dubai, has been helping people find their dream properties since its inception. We have worked with buyers and investors from around the world. Being locals, we have a strong understanding of the areas mentioned here. We also have the right connections that can help you in your journey of buying your first luxury home.

If you are strictly looking for an investment vehicle, RiseUp’s investment advisors can also guide you and help you find the ideal property that is capable of meeting your goals. We also have an in-house team of property managers that can keep your investment in the best shape so that the property value keeps increasing with time. For more details, give us a call or drop us an email today!

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