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The real estate market in the United Arab Emirates (UAE) offers a wealth of opportunities, particularly for those considering the purchase of ready-to-move-in properties. As a dynamic hub for business and tourism, the UAE attracts both local and international buyers looking for immediate occupancy and investment potential. This guide explores the numerous advantages of ready-to-move-in properties, highlights the best cities and areas for such investments, evaluates their potential as a profitable venture, and provides insights.

What Are the Advantages of Buying a Ready-to-Move-in Property in the UAE?

Buying a ready-to-move-in property in the UAE offers numerous benefits that make it a preferred option for many investors and buyers. One of the key advantages is the immediate move-in option without having to wait for long construction or finishing periods. This means you can start using the property right after signing the purchase agreement, whether for personal residence or rental purposes.

Additionally, ready properties provide full clarity on the quality of construction and finishes. Unlike off-plan properties in UAE, where specifications may change during the construction phase, you can directly inspect the ready property and ensure it meets all the required standards before making the purchase.

Moreover, there is greater flexibility in financing, as UAE banks offer favorable financing options for ready properties, which may include using the property itself as collateral for the loan. Ready properties also tend to be more secure legally, with all necessary documentation, such as completion certificates and occupancy permits, readily available.

From an investment perspective, ready properties are an excellent option as the return on investment begins immediately. Once purchased, they can be rented out quickly, especially in cities like Dubai and Abu Dhabi, where there is a high demand for rentals due to the large expatriate population.

What Are the Best Cities and Areas in the UAE to Buy a Ready Property?

Dubai:

Dubai is the most prominent destination for buying ready-to-move-in properties in the UAE, offering a wide variety of real estate options that cater to different budgets and tastes. Some of the top areas in Dubai for buying ready properties include:

  • Downtown Dubai: One of the most prestigious areas in the city, offering modern, ready properties with luxurious amenities.
  • Dubai Marina: A popular area for those seeking waterfront living, with upscale ready-to-move-in apartments.
  • Al Merkadh: Known for projects like Sobha Creek Vistas Reserve, which offers ready-to-move-in apartments starting at $224,000.
  • Jumeirah Village Circle (JVC): A rapidly growing area with projects such as Binghatti Crest, where prices for ready apartments start at $382,000.

Other Emirates:

  • Abu Dhabi: The capital of the UAE, offering ready properties in areas like Al Reem Island and Al Raha Beach, known for their high-end, fully equipped developments.
  • Sharjah: Known for offering affordable property options in areas like Al Majaz and Al Nahda, while still providing modern amenities and services.
  • Ajman: Offers competitive property prices, with opportunities to buy ready properties at lower prices compared to other emirates.

Related: The Best Luxury Villas for Sale in the UAE.

Are Ready-to-Move-in Properties in the UAE a Good Investment?

Yes, ready-to-move-in properties in the UAE are highly rewarding investments for several reasons. First, the UAE enjoys a thriving and stable real estate market, making investing in ready properties a safe choice for both local and international investors. The well-developed infrastructure and investor-friendly laws further enhance the appeal of the UAE property market.

Additionally, the rental yield for ready properties is among the highest in the region, especially in Dubai, where demand for residential and commercial properties is consistently high. This means investors can start earning rental income immediately upon purchase, particularly in prime areas like Dubai Marina and Downtown Dubai, where rental rates are high.

Furthermore, ready properties tend to appreciate over time, offering excellent capital growth opportunities. Properties in the UAE continue to increase in value, especially in areas where infrastructure and amenities are continuously being developed. This ensures that investors can sell the property in the future at a higher price and enjoy substantial profits.

Ready properties also offer greater flexibility in terms of usage. Investors can use them for residential or commercial purposes or rent them out to residents or businesses, diversifying the returns from this type of property.

Ready-to-Move-in Properties for Sale in the UAE

What Is the Average Price of Ready-to-Move-in Properties in the UAE?

Prices for ready-to-move-in properties in the UAE vary depending on the location, type of property, and available amenities. In Dubai, which remains one of the most attractive cities for investors, ready property prices in affordable areas like Jumeirah Village Circle and Al Merkadh start at around $220,000. These areas offer reasonably priced properties compared to more upscale locations, making them an appealing option for budget-conscious investors.

In prestigious areas like Downtown Dubai and Dubai Marina, prices for ready properties can reach up to $1 million or more due to their proximity to iconic landmarks like the Burj Khalifa and Dubai Mall, along with access to premium services and facilities.

In Abu Dhabi, ready apartment prices in areas like Al Reem Island and Al Raha Beach start from around $300,000. These areas are known for their luxury and modern amenities, making them popular choices in the capital.

In Sharjah and Ajman, ready property prices range between $150,000 and $250,000, offering a more affordable alternative for investors looking for properties with good services and infrastructure.

Ready-to-Move-in Properties for Sale in the UAE: Imtilak Global Offers

Imtilak Global offers a variety of ready-to-move-in properties across different areas of the UAE, focusing on providing the best deals that meet clients’ needs and preferences. Here are some featured projects:

  • Sobha Creek Vistas Reserve: This distinguished project, developed by Sobha Realty, is located in Al Merkadh, Dubai. It is one of the best ready-to-move-in developments, offering modern designs and stunning views of Dubai Creek. Prices for apartments in this project start at $224,000, making it an excellent option for investors looking for affordable luxury. Sobha Creek Vistas Reserve is fully equipped with essential services and luxury amenities, including swimming pools, fitness centers, and large green spaces.
  • Binghatti Crest: Located in Jumeirah Village Circle (JVC), this project is one of the flagship developments by Binghatti Developers. It boasts a strategic location close to key landmarks in Dubai. Apartment prices in this project start at $382,000. The Binghatti Crest property features innovative designs, spacious interiors, and upscale amenities, including swimming pools and children’s play areas.

At Imtilak Global, we are dedicated to offering the best property deals tailored to our clients’ needs, whether they are looking for an investment or a personal residence. We guarantee to provide a wide range of options, along with smooth purchase processes and excellent advisory services.

Own the Best Ready-to-Move-in Properties in the UAE with Imtilak Global

Imtilak Global is your trusted partner in the journey of owning ready-to-move-in properties in the UAE. We offer a wide selection of real estate options that cater to all client needs, whether you are looking for a family home or a lucrative investment opportunity. With our deep expertise in the UAE real estate market, we ensure a seamless and hassle-free purchasing experience, along with free consultations to help you make the best decision that fits your budget and aspirations.

Imtilak Global provides the ideal solution for owning the perfect ready property that meets all your needs.


Edited by: Imtilak Real Estate©

Update date: 2024-11-04

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