Prime Areas to Buy Luxury 2-Bedroom Apartments in Dubai
Are you curious about the best places to invest in Dubai? Uncover prime areas offering luxury 2-bedroom apartments and exceptional lifestyle options.
24/09/2024
Dubai has emerged as an
international city for real estate investment.
Famous for its architectural and lifestyle
standards, the city has many types of
properties, from small flats to large villas.
Investors and occupants favour luxury
two-bedroom apartments most because of their
relatively low cost, spaciousness, and strategic
location.
With no taxes in Dubai,
international investors can enjoy well-developed
facilities and infrastructure and get good
returns on investment (ROI) in its property
market. This article will look at some of the
most desirable locations in Dubai where
investment in a luxury two-bedroom apartment can
yield high returns.
Top 7 Areas to Buy Luxury 2-Bedroom Apartments in Dubai
Here is the list of the seven best options to buy luxury 2-bedroom apartments.
1. Jumeirah Lake Towers (JLT)
JLT, or Jumeirah Lake Towers, is a
residential neighbourhood in Dubai that borders
Sheikh Zayed Road and Dubai Marina. Due to its
many tranquil lakes and community parks and its
ability to walk around the entire city, it’s a
dream city for both inhabitants and investors.
JLT has a variety of residential and business
facilities, as well as many stores and
restaurants.
Costing an average of AED
4,081,043 for a 2- bedroom luxury apartment in
Uptown Dubai and other JLT developments, JLT
represents an affordable luxury. These units
range between 1,377 sq. ft and come with good
features such as pools, gyms and secure parking.
Currently, the area is near Dubai Marina, has a
metro connection, and is becoming more popular;
thus, having approximately 6% rental yield, it
can be profitable for investors.
Notable
Property: Uptown Dubai
Price Range: AED 4
million – AED 4.1 million
2. Palm Jumeirah
Palm Jumeirah is one of the most desirable locations in Dubai, well known for the architectural wonder of the artificial palm-shaped island. This is the place for those who want to live in a house on the beach but on an ultra-lavish level. Palm Jumeirah is advantageous in that it provides a good view of the Arabian Gulf, seclusion from other tourists, and accommodation in fine dining and elegant hotels.
The average sale price of a 2-bedroom
apartment here is much higher; luxury projects
like Atlantis The Royal Residences offer a 3074
sq ft area 2 BHK for around AED 4325000. Another
one in the same complex – a two-bedroom
apartment of 2,214 sq.ft., costs AED 29,975,000.
Palm Jumeirah has a rental yield of
approximately 5.5% which makes it suitable for
investors seeking high returns on luxury
properties.
Notable Property: Atlantis
The Royal Residences
Price Range: 29.9
million AED to 43.2 million AED
3. Jumeirah Beach Residence or JBR
Jumeirah Beach
Residence (JBR) is a vibrant community that
hosts apartments built on the shoreline. The
area is well-known among expatriates and
tourists because of its activities, seaside
restaurants, and entertainment facilities. JBR
is ideal for those who want an active lifestyle
in the middle of the city’s beachfront area.
The Address Jumeirah Resort and Spa is among
the luxurious buildings, with 2-bedroom
apartments measuring 1,482 sq. ft. and priced at
AED 8,700,000. JBR is a popular place for
investors because it has an average rental yield
of 5.8%. Its location near Dubai Marina and
other high-end entertainment facilities makes it
even more attractive.
Notable Property:
The Address Jumeirah Resort and Spa
Price
Range: AED 8.5 million – AED 8.7 million
4. Downtown Dubai
Downtown Dubai is the most
famous district of the city, known for the Burj
Khalifa and the Dubai Mall. It is the ideal
place for those who appreciate the opportunity
to live an upscale city life surrounded by
modern and luxurious living spaces, shops, and
restaurants.
Some real estate
developments in Downtown Dubai include The
Address Residences Dubai Opera, which has two
bedrooms with Burj Khalifa and other skyline
views. The size of the 2-bedroom apartment in
this area is 1,154 sq.ft., and the price ranges
from approximately AED 7,200,000. Currently,
rental yields hover at around 5%. Therefore,
Downtown Dubai is still a good investment for
those who can capitalise on the high demand for
properties in prestigious locations.
Notable Property: The Address Residences Dubai
Opera
Price Range: AED 7 million to AED 7.3
million
5. Dubai Harbour
Dubai Harbour is
a new development in a waterfront city of the
same name. It has recently become a popular
place to rent because of the marina views,
location close to JBR, and sophisticated
buildings. This is suitable for those who like
to lead a private life and are within close
proximity to the beach and yachting.
Many
developments, such as Dubai Harbour Residences,
are offering two-bedroom apartments of about
2118 sq ft for AED 10,052,441. The area is now
becoming popular with the affluent class because
of its strategic location between Palm Jumeirah
and Dubai Marina. Dubai Harbour currently has a
rental yield of about 5.7%, making it suitable
for
lifestyle investors as well as traditional
investors.
Notable Property:
Dubai
Harbour Residences
Price Range:
9.9 Million
AED – 10.1 Million AED
6. Business Bay
Business Bay is a commercial centre that has
quickly become popular due to its location near
Downtown Dubai and Burj Khalifa. It has both
tall and spectacular residential and commercial
buildings, thus suitable for the working
population who want to live close to their
places of work and other recreational
facilities.
Some of the features of
luxury apartments include two bedrooms with
large floor space, such as the Dorchester
Collection Dubai. A 4,007 sq. ft. unit costs
about AED 34,000,000; a 4,004 sq. ft. The unit
is slightly cheaper at AED 30,000,000. Business
Bay has a good rental return of roughly 6%,
which makes it a good investment for investors
who are seeking good returns in a central
business district.
Notable Property:
Dorchester Collection Dubai
Price Range: AED
30 million – AED 34 million
7. DIFC (Dubai International Financial Centre)
DIFC is the
central business district of financial services
in Dubai. It consists of tall apartment
buildings, exclusive restaurants, and art
galleries. It provides a high-quality life in an
urban environment with good business and
recreational amenities.
The Four Seasons
Private Residences in DIFC has the advantage of
providing large two-bedroom apartments. These
apartments, including a 3,623 sq. ft apartment
for AED 24,027,356, have high-end facilities and
boast sophisticated design. DIFC is perfect for
those with jobs in the financial industry who
value comfort and proximity to work
simultaneously.
Notable Property: Four
Seasons Private Residences
Price Range:
AED
23.9 million – AED 24 million
Final Words
More importantly, purchasing 2 bedroom apartment Dubai for sale offers a unique opportunity to experience a vibrant lifestyle in one of the world's most dynamic cities. Since there are many beautiful houses on the market, clients can select houses that will suit their needs and wants. These apartments are desirable since they come with all the features of newly built apartments, are located in prime areas, and offer good rental returns. With the market changing now, it is high time to consider opportunities and build a profitable investment in luxury property in Dubai.