Connect with us

Business

Palm Jumeirah of Dubai | Villas for Sale

Published

on

Villas for Sale Palm Jumeirah

Photo by Abid Bin Nazar from Pexels

The Palm Jumeirah is an artificial archipelago often called another world wonder. The detailed work of specialists made it possible to create an island of an original shape, which can be seen even from space. Real estate in Palm Jumeirah is in demand among wealthy people from all over the world. Local housing is purchased not only for seasonal holidays or moving to permanent residence but also as an investment. Houses in Palm Jumeirah for expats, are one of the various objects in Dubai. In the central part of the island, imitating the palm tree trunk, there are modern residential complexes with apartments for sale in Dubai with different bedrooms. A five-star hotel occupies the upper part of the crescent-shaped archipelago. On 16 so-called leaves of the tree, there are premium villas with access to the beach.

Villas for sale in Dubai on the Palm Jumeirah are spacious and designed for large families. Dominated by objects with four and five bedrooms. They differ in layout. You can also choose options with three or seven bedrooms. Each project provides additional premises:

  • garages for several cars;
  • guest rooms;
  • offices;
  • rooms for staff.

Palm Jumeirah villa prices start at $2.2 million (¥14.7 million) and can reach a maximum price of $10 million (¥66.9 million). Value capitalization is observed annually, so buying a home on the island is an affordable way to save money and increase it.

Palm Jumeirah houses for investment

For Russians and citizens of other countries, investments in apartments in Palm Jumeirah are not prohibited by law. There are freehold zones on the district’s territory where foreigners can own real estate based on full ownership. Highly liquid and profitable housing allows you to profit, regardless of the chosen strategy for its use. A high standard of living attracts citizens worldwide to Dubai, so local real estate is always in demand. The cost of houses in Palm Jumeirah is growing every year.

With a short-term business strategy, you can choose an object at the construction stage and resell it after completion for a much higher price. A long-term strategy allows you to make a profit from renting out housing. Those who want to buy a house in Palm Jumeirah can make a profit of 4-5% annually. More accurate rates depend on the specific object, the number of bedrooms, and its area. Given that there is no taxation of personal income in the Emirates, the owner receives payment in its purest form.

Who will help you buy a house in Palm Jumeirah?

The specialists in real estate in Dubai will help you find an apartment in Palm Jumeirah for investment and living. The catalog on https://www.axcapital.ae/ website contains current ads from developers and real estate agencies. You can get acquainted with prices in rubles, dollars, and euros in real time. Specialists are ready to advise on all issues related to buying a home, obtaining a residence permit, and moving to the UAE. You can start choosing an object right now.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending