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DUBAI LUXURY LIFE: VILLAS VS. APARTMENTS – EMBARKING THE JOURNEY OF A LIFETIME

25 Nov, 2022
DUBAI LUXURY LIFE: VILLAS VS. APARTMENTS – EMBARKING THE JOURNEY OF A LIFETIME
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Starting a new life in Dubai has become the goal for lots of people in 2022 amidst the strong development that the UAE is seeing regarding real estate and the latest next-gen technologies.

Dubai managed to become a world hub in terms of both technology and real estate as well, and this is attracting investors and people who simply want to start a new chapter in their lives.

In Dubai, the real estate industry keeps flourishing, and people are turning their eyes towards this luxurious paradise amidst all kinds of world crises that we’ve all watched unfolding during the past few years.

The UAE is generally showing a massive commitment to the virtual economy, and it’s been doing so with the help of landmark regulatory advances that have been taking place here.

There’s newly announced regulatory clarity in Dubai regarding the use of digital assets and blockchain tech, and this is attracting a lot of interest in the crypto space from the UAE. Around the world, there have been a lot of regulatory changes and colossal price volatility regarding digital assets, but this is not stopping general interest in crypto from rising.

Dubai hosts over 2,300 real estate companies, and this is the place where the most innovative firms have decided to settle headquarters.

For people who decide to invest in a property in Dubai as their second home or simply a vacay home, there’s one important challenge that arises: should I buy a villa or a luxurious apartment? Starling Properties is a top-notch brokerage that strives to become the number one broker in the real estate industry, and at the same time, it boosts the mass use of crypto.

In a saturated market, Starling Properties will offer clients their best services built on essential principles, which are the foundation of their whole mission and work: trust, integrity, professionalism, and exquisite customer service.

The property purchasing/selling process involves a lot of effort and complicated steps, and Starling Properties aims to become the number one brokerage company that offers flawless services. We are here to support all of our clients in their challenging quest to becoming a part of this world-changing financial revolution that is taking place in the UAE.

With the help of this article, we’ll try to make your investment decision much more accessible by presenting you the pros and cons of both investing in a villa and an apartment in sunny Dubai.

FACTORS TO TAKE INTO CONSIDERATION WHEN YOU BUY A HOUSE OR APARTMENT IN DUBAI

Villas and apartments are both extremely popular choices when it comes to residential properties in Dubai. Whether you are buying a property or deciding to rent one, both of these are amazing options that come in different price ranges, sizes, locations, and styles.

Residents could find it pretty challenging sometimes to make the best decision, and that’s why we are here to help.

If you are simply unable to decide which one to invest in, here are the most important factors that you should take into consideration before making an informed decision with the highest level of confidence.

Price of the property

For most people out there, the price of such a property is probably the most important factor in the challenging journey of investing in Dubai.

Usually, apartments have a lower entry price compared to villas in Dubai, and this is due to the fact that villas have larger space internally besides external gardens or terraces.

The prices vary from one location to another, but this does not mean that there aren’t any budget-friendly villa communities in Dubai as well. You should try to determine first the amount that you are ready to invest before making the most educated decision.

The property’s size

Size is a factor that directly impacts the price of the property that you might want to buy. A three-bedroom apartment will definitely be more expensive compared to one that flaunts only two bedrooms or compared to a studio that is in the same building.

This does not mean that you cannot find a reasonably priced three-bedroom villa that’s located only half an hour away from downtown.

This will end up costing less compared to a two-bedroom apartment which is located in the center of Dubai. As you can see, it all depends on the location that the property that you are interested in has.

Location of the property

There are a lot of commercial and residential properties available in a lot of areas in the Emirates. Bur Dubai, for instance, it’s a really famous neighborhood for the central location that it flaunts, and it offers mostly apartments with only a few villas.

The suburban neighborhoods, such as Reem, only have villas available and townhouses as well. On the other hand, it’s worth noting the fact that Dubai Silicon Oasis, Palm Jumeirah, and Jumeirah Village Circle offer a mix of apartments and villas.

Downtown Dubai is one of the top neighborhoods of the city, and it’s pretty popular among buyers and renters who are interested in a central location. It mainly offers apartments, and it will be pretty difficult to find villas around.

Maintenance costs

There are a lot of maintenance costs involved in having a property in Dubai, regardless of whether it’s a villa or an apartment.

But it’s important to note the fact that, generally speaking, villas are more expensive than apartments and larger spaces require more maintenance.

These are additional costs that have to be kept in mind. Villas will require more money on furnishing, and a villa in Dubai that also comes with a backyard and a private pool will end up being more expensive as well. Cleaning services are costly, and gardeners are usually also hired by someone who owns a villa.

Views

There are various differences between the views that a villa can offer compared to the ones that an apartment has to flaunt. The high-end apartments in Dubai come with amazing, jaw-dropping views, but they are definitely not cheap.

The villas in Dubai have their own charm, and they give people the most amazing charms of the neighborhood.

Those of you who are willing to pay more will be able to enjoy views of lakes and golf courses. It all depends on your preferences as well, if you are keen on having exciting city life around or if you are fond of a more tranquil life.

There are a lot of amazing apartments that come with unparalleled views – for instance, the ones on Jumeirah or the Palm offer amazing views of the Arabian Sea, but you might also prefer the impressive views that Burj Khalifa has to offer.

Amenities

You will also have to consider the amenities and facilities that the property has to offer as well. If you have to rely on the Dubai Metro to commute to your office, then an apartment will turn out to be the best choice for you.

In most buildings that offer apartments, there is a supermarket on the ground level and hair salons as well. All these are really useful places if you choose to live in an apartment.

Lifestyle

The way of life that you dream about will turn out to be one of the most important factors whether you decide to buy a villa or an apartment in Dubai.

The location of the apartment is usually further away from industrial hubs and recreation, and this should be taken into consideration as well. A villa will usually be located in a suburban area or in a gated community, and this offers a higher level of safety and comfort.

These can turn out more suitable for families with kids, and they can provide the ideal location for raising your children.

Convenience and privacy are the most important factors that you have to consider when choosing the lifestyle that you want to live in Dubai.

Apartment towers are less convenient if you value privacy more, that’s for sure. People who adore having a private outdoor space or who hate using the lift will definitely go for a villa rather than a luxurious apartment in a tower.

Social butterflies will always choose to live in a complex with other apartments because, here, they have more opportunities to build relationships with their neighbors.

PROS AND CONS OF LIVING IN VILLA COMMUNITIES

The benefits of living in a villa community include the following: ample spaces, a better long-term investment, more privacy compared to an apartment tower, and a healthier atmosphere due t othe outdoor space.

Here are the drawbacks of living in a villa community: a villa will be more expensive, it will turn out to be more difficult to rent out, you will get a low rent yield, higher maintenance, and a further location from the city’s center.

PROS AND CONS OF APARTMENT COMMUNITIES

The benefits of living in a complex of apartments are the following: you will be able to enjoy higher security because you are surrounded by more people, you get the chance to live in a more vibrant neighborhood, and there are higher chances of tenancy here.

The potential cons of living in an apartment complex involve the following: you will get limited privacy, and the area is more populated, so fans of crowds will not necessarily feel at home here.

CLOSING WORDS

When it comes to the final decision to invest in a property in Dubai, this is only a matter of personal choices.

Considering all the pros and cons that come with living in apartment complexes and villa communities and all the other factors that are involved in choosing the best property to invest in, the final decision is yours.

However, if you need more information about any of the subjects that we revealed above, feel free to contact us, and a professional expert will attend to all of your inquiries.