Living at Palm Jumeirah is designed for people who want maximal comfort, which this luxurious community offers to the maximum. There are a variety of locations within Dubai that are highly sought-after by investors.
The real estate market in the area is not just limited to villas and townhouses. In the middle of the island are multi-apartment housing complexes. In the middle of the community is the iconic Atlantis, The Palm. Apartments vary in size and bedrooms ranging from studio apartments up to six-bedroom apartments. Apartments have rooms for various functions including living rooms as well as rooms for servants, and dressing rooms. The villas for sale in Palm Jumeirah can also have up to seven bedrooms, they are situated on the coast and are connected for beach access.
The grandiose development by Nakheel is an embankment that is connected to the mainland via the construction of a bridge and an elevated monorail. The area of development is a man-made trunk made of the palm tree as well as its fronds. It also houses the emblem of the UAE which is a crescent.
The key figures are:
Real estate on the sea located in Dubai, UAE, was opened in phases. Initial 4,000 homes sold out within the first few days of the auction. As a result of the increasing demand, the development continued. The plan was designed in consideration of the unique characteristics of the natural landscape as well as the environmental needs. The crescent on the summit of the island performs an important function: it is a barrier against waves and winds. In spite of its vastness the island is confined and this is a major reason for the significant demand and property value within the Palm Jumeirah. All of the buildings are high-tech and built with the latest materials, and fall into the elite segment.
Benefits of Living in Palm Jumeirah Dubai
There are many restaurants as well as fast-food establishments in the area. Hospitals, secondary educational institutions along with dental offices are all located in the main area. It takes about 20 minutes’ drive to the mainland. The property located in Palm Jumeirah gives access to all the main attractions of the area. However, the rather secluded structure of the community lets you live a life that is more spiritual. Senior citizens will be able to enjoy an uninhibited vacation along the beach. Young people will enjoy a broad selection of beach activities and various activities. Families with kids will have their own home in the exclusive community.
Attractiveness of the economy
Dubai’s housing stock provides plenty of opportunities to earn passive income. Real property located in Palm Jumeirah is equally beneficial for Russians in the short-term and long-term strategies. In the first scenario it is possible to invest in construction projects and then sell the same at a higher cost. The finished housing market is getting more expensive each season, while the massive demand for it allows you to find a buyer with minimal effort.
Making investments in real property in Dubai can also allow you to earn a profit by renting out
The profit margin from the property is always high, and ranges between 5 and 7% each year. Apartments with multiple bedrooms are in most sought-after and offer the most return on investment. In light of the fact that it is not tax-free for individual incomes in the UAE owners receive net earnings.
The registration of a residence permit by means of purchasing real property within Dubai, UAE
A residence permits for buying the property is one of the most popular ways to attract international investors into the nation. There are a variety of programs available to get permission to reside in the country that are targeted at different groups of people and budgets for investment.
If you purchase a house with a purchase price greater than 200 000 dollars. In this situation the permit to reside in the property is valid for three years and can be extended an unlimited number time. The owner is able to be a citizen of the country and later apply for a residence permit for dependents and family members. Visa regulations allow for the acquisition of the minimum quantity of one object and a number of.
Fam Properties will assist you in purchasing the property you want in Palm Jumeirah
The catalog includes advertisements to sell housing stocks in the elite neighborhood of Dubai. Now it is possible to purchase the Villas for Sale in Dubai. The information provided is accurate and you can estimate prices in dollars, rubles and euros. In real-time you will be able to get no-cost consultation on any matter that is related to your choice.
Read More: Houses & Villas & for Sale in Dubai