![]() Wade Adams is a full-service general construction and project development company with the resources and expertise to handle projects of any size, location. This is a burning question many residents ask as Dubai’s real estate sector continues to open opportunities for a. The online releases start at 10:00am EST. Click in for the full list. As Burj Dubai officially becomes the world's tallest building, here are our 10 favorite skyscrapers. ![]()
Buy, Rent or Sell wide range of luxurious apartments in Dubai, UAE. Search best furnished, serviced, hotel, beach, studio, holiday apartments for sale or rent. Located on the world famous Palm Jumeirah, Waldorf Astoria Dubai Palm Jumeirah features luxury rooms and suites with panoramic views of the Arabian Gulf. Why live in a studio in Dubai? Studio units open an entry point for price- sensitive residents to live in prime locations such as Dubai Marina. Build an asset or live comfortably? This is a burning question many residents ask as Dubai’s real estate sector continues to open opportunities for a broader cross- section of the population. For a growing number of young professionals coming to live and work in Dubai, the answer seems to be a no- brainer as small- ticket units are gaining interest in this demographic. Living in a studio is a logical choice for residents who want to build an asset but do not have the means to buy larger- size apartments. On the other hand, the strong demand for studios in the rental market has also led to higher yields and encouraged more investors in this segment. With the current market trends, a large number of studios and one- bedroom apartments have therefore been launched by developers.“The land permits on each plot in each community is different. However, if I were to generalise for these projects, around 5. Rizwan Sajan, founder and chairman of Danube Group. As Dubai continues to rise rapidly as a global destination, the cost of living in prime areas is increasing sharply as well, making smaller, competitively priced accommodations more attractive. However, since a significant portion of the population comprises working bachelors and couples without kids in the mid- segment category, the demand remains strong.”Sajan further points out that in mature markets, the affordable housing segment retains the highest demand. However, he emphasises that this is also the most challenging part of the market because consumers looks for extra value for money, which can be difficult for developers who are trying to keep costs low. Demand all over. Industry insiders say demand for studios is strong in all locations and across all income brackets in Dubai. However, expectations will vary depending on a buyer’s preferred area, says Mustafa Pooya, CCO of Select Group, a real estate development and investment company. In Dubai Marina, a premier community, studio buyers expect superior finish and amenities in line with the lifestyle of the area, says Pooya. It will have to be priced differently from studios in International City, Jumeirah Village Triangle or Dubai Sports City. Studio One, a recently launched 3. Select Group, is one of the new projects in Dubai Marina geared towards millennials and savvy investors. The building consists of 4. Prices of the studios start from Dh. Dubai’s most sought- after locations.“In a market that people considered soft, we sold about 6. Studio One units in a span of less than a week from our sales launch in October, which includes the sale of all studios, the majority of one- bedders and a fair number of two- bedders,” says Pooya. The customer base is typically wider for smaller- ticket units, which are also sold faster, according to Pooya. Shaikhani Group’s building project in Arjan will only have studio apartments with sizes ranging from 4. The 3. 4- storey Al Jawhara tower by Tiger Properties in Jumeirah Village Triangle will also only have studios, offering 5. Master developer Dubai South, meanwhile, is offering very competitive prices at The Pulse with studio apartments starting from Dh. Nshama’s Hayat Boulevard in Town Square will offer studios starting at Dh. Downtown Dubai developers are catching on to the discussion. SRG Properties’ 2. Marquise Square comprises 3. The tower aims to fill a gap in supply for studio apartments in Downtown Dubai and Business Bay, says Adam Price, Select Property’s managing director for the Middle East and Asia.“Savvy investors are looking at the core areas of Dubai that are undergoing significant investment and development, which is why the Burj Khalifa area is proving so popular,” says Price.“The area is dense with young workers and executives who rent their homes. While Dubai Marina is well stocked with studio apartments, areas such as Business Bay and Downtown have significant undersupply. This drives up rental rates and, in turn, delivers high yields to investors.“With the Water Canal recently flooded and plans for restaurants, retail outlets and entertainment facilities, this area will quickly become even more popular with residents and visitors alike, highlighting a significant investor opportunity.”Price says the Marquise Square has been popular with GCC buyers, who are taking advantage of its potential for high rental yields and capital gains for a relatively low upfront cost. Prices start at Dh. SRG expects rental yields of around 8. With sizes ranging from 4. Marquise Square also offers views of the Burj Khalifa and the Dubai Water Canal, which Price says are “often reserved for larger units”. Studio apartments have accounted for approximately 6. Price.“There is strong demand for entry- level units in prime residential locations across Dubai from both tenants andinvestors, which makes Marquise Square an attractive option.”The rising number of studio units launched by developers is a tacit acknowledgement of the growing influence of the affordable and mid- market segment on the real estate market.“Some of these developers are scaling down the overall size of apartments, so we are seeing studios, which in the past had sizes of approximately 5. Mario Volpi, chief sales officer of Kensington Exclusive Properties. Therefore, end users wishing to get out of the rental trap are now investing in these units. However, investors tend to be the largest group of buyers of studios, as they often like to diversify their portfolios.”While studio apartments can be found all over Dubai, prime areas like Dubai Marina and Downtown Dubai still have a lower proportion of studios, says Helen Tatham, managing partner of Prime Places Real Estate. The smaller ticket price associated with these units makes the investment more versatile and easily disposable should the funds be needed at short notice, as larger properties are more cumbersome and rely on more of an end- user market, which is slower moving in a normal climate.”Studios also appeal to end users, Tatham explains, but the occupants of these apartments generally do not have sufficient income to qualify for a mortgage. Dubai Apartments - Buy, Rent or Sell Apartments in UAEServiced, furnished or Hotel apartments of Dubai are known to provide luxurious living place at affordable cost for your short stay in the city. Usually you can find such short term rental apartments on prime locations like Dubai Marina, Palm Island and Jumeriah Beach. These apartments are available on monthly, weekly and daily rents. If you specifically talk about Dubai Marina Apartments, it includes apartment building located near the coastline emirate. In general terms Dubai Marina Apartments include hotel apartments and serviced apartments in the area of Dubai Marina. If you rent or buy apartment in this area, you can enjoy attractive and luxurious life style during your short stay as holiday maker or expatriate worker. Buying and renting an apartment mainly depend on your personal needs and budget. If you have plans to stay for longer period of time then you must be interested in finding apartments for sale. While in other conditions you will prefer to choose apartment for rent. There is no shortage of short term rental apartments in Dubai. Those who are planning to stay here for longer time period should consider buying apartment as it will be more cost effective for them in a long run. Studio apartment in Dubai is an affordable option for single working individuals or expatriates who prefer to live in privacy. You can also choose bigger apartments and share it with your colleagues and friends. Migrants who are living with their family can easily find apartments ranges from two- bedroom to four- bedroom apartments or more, depending upon their budget and family’s size. Serviced apartment is another good option for short stay and it is more affordable as compare to five star hotels of this city. These are fully furnished apartments available on rent for short durations as a week. Even some service apartments are also available for one night only. Such serviced apartments are usually associated with big hotel chains. These apartments provide all services for lodgers as they expect from hotels. These services include 2. Furnished apartment is also a very suitable choice for short stay in Dubai. These apartments are fully furnished and well equipped with all essential amenities. Renting such a super luxury furnished apartment has become very common in Dubai. In order to facilitate tenants such furnished apartments are located in best areas like Dubai Marina and Palm Island. This directly increases the demand of short term accommodation options in Dubai. Dubai apartments are one of the best options among other short term rental accommodations available in Dubai. They are capable to catering all needs of renters. Dubai offers endless options for those who are willing to enjoy the luxury life style of Dubai Hotel Apartments.
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