Apartments for Sale in Dubai – Buy Flat in Dubai

Dubai flats for sale include studio units priced from AED 160k to AED 2.1M with the higher-priced units found in areas such as Palm Jumeirah and The World Islands. 1-bedroom flats for sale in Dubai cost upwards of AED 239k in neighbourhoods like Dubailand and can go up to 6M in The World Islands. 2 BHK flats in Dubai can be bought for prices of over AED 440k in communities such as Liwan and AED 720k in Dubai Marina. The 3-bed Dubai apartments for sale are generally priced above AED 680k in Dubai Silicon Oasis and can go all the way up to AED 58M in Palm Jumeirah. The highest price for a 4-bed flat for sale in Dubai is AED 37M in Business Bay. 5-bedroom apartments in Dubai range from AED 2.1M to AED 45M, with many of the properties found in Downtown Dubai. 

ROI for Apartments for Sale in Dubai

Dubai is known to offer healthy rental yields for those who choose to invest in the emirate. The highest ROI is offered in areas such as International City, Dubai Silicon Oasis (DSO) and Jumeirah Lake Towers (JLT). The ROI in International City is 9%, DSO offers a rental yield of 8.2% and JLT has an ROI of 7.9%. The Dubai apartments for sale in areas such as Downtown Dubai, Dubai Marina and Palm Jumeirah all offer a good ROI of over 5.4%. 

How to Buy an Apartment in Dubai? 

The first step when it comes to buying an apartment in Dubai is to search for your desired property. The filters on help to tailor the selection according to your requirements. If you are an expat, then the question of can I buy an apartment comes up, expats can buy apartments in freehold areas for all nationalities. Once you have selected an apartment to invest in and spoken to the seller, the next step is for the buyer and seller to agree on the terms of the sale through a Memorandum of Understanding (MOU) which is signed by both parties. When signing an MOU the buyer has to pay a deposit for the property, which is generally calculated to be 5% to 25% of the property value. Then a No Objection Certificate (NOC) needs to be issued from the developer after which the Dubai Land Department (DLD) will transfer the ownership. If an investor is considering getting a mortgage, then the respected banks will need to get involved.