The best way to buy properties in gated communities in Dubai is to purchase freehold. Freehold ownership is the most desirable form of ownership in these communities, but investors might prefer to buy properties that aren’t part of a gated community. Here are some reasons why buyers might prefer to purchase properties that are not part of a gated community. You may find it useful to know the prices of new developments like Remraam or The Views before making an investment.
Freehold ownership is the most desirable form of ownership in gated communities in Dubai
The most popular form of ownership in gated communities in Dubai is freehold. Freehold property rights give the owner complete ownership over the property. This gives the property owner the right to sublet, redevelop or occupy the unit. Freehold property rights also allow foreign nationals to own freehold property interests in designated areas in Dubai. In most cases, freehold property rights can be transferred to the next generation without any restrictions.
Freehold Properties for sale in Dubai is the most popular option for foreign investors. These units are available in many of the emirate’s gated communities and in traditionally non-freehold neighborhoods. Freehold projects have been popping up in traditionally non-freehold areas. Freehold properties in Dubai are the best choice for a number of reasons. Here are a few reasons why:
Investors prefer properties outside of a gated community
There are a variety of reasons that investors prefer properties outside of a gated community. Gated communities offer a sense of security and status, and their properties have higher rental yields than non-gated properties. Furthermore, investors often enjoy higher rent returns in non-gated communities. However, the downside of owning a property outside of a gated community is that investors need to pay homeowner levies and common area maintenance fees.
The biggest reason to purchase a property outside of a gated community in Dubai is the peace of mind it offers. Gated communities offer more privacy and security than other properties, which is especially important for investors. In addition to providing peace of mind, these communities provide shared facilities and activities that allow residents to get together and socialize. In addition to allowing for private socializing, gated communities encourage an active lifestyle. Many gated communities offer tennis and golf courts and provide ample space for walking in nature.
The Views is a new development
The Views offers high-quality residential units, including villas, penthouses and townhouses. These residential units are situated around an artificial lake and feature spectacular views of the golf course, canal and lake. The apartments in The Views are available in various sizes, ranging from 482 square feet to more than two thousand square feet. They include fully equipped kitchens, master bedrooms with modern bathrooms and balconies. The apartments also feature 24-hour security and private parking.
The Views offers an exclusive lifestyle for the affluent. The Gated Communities in Dubai offer an unparalleled sense of security, community and luxury. Besides having private spaces, the communities have shared facilities that make interacting with neighbors a breeze. The spacious villas offer space for private entertaining and relaxation, while a range of supervision options allow residents to do errands without worrying about disturbing others.
Remraam is a new development in a gated community
Residents of Remraam live in elegantly-built apartments in a gated community in Dubai. This affordable community was largely cut off from the rest of the city in the beginning, but now it is extending further into the heart of the city through phase two. With the completion of phase one in September 2017, Remraam will feature over 198 buildings and will remain a gated community for at least the next decade. Property prices start at AED 448,000 for a one-bedroom unit, and the community is only for residential purposes.
Residents of Remraam can expect plenty of shared facilities, including a mosque and community pools. The amenities are impressive, with facilities such as foosball tables, giant game boards, and chess sets spread across the community. The open-air parks are a common area for residents to spend time, and encourage socialising with neighbors. Many children form lasting friendships at the local playground, while residents can spend time on their hobbies and take a break from the blazing heat of the sun by playing in the community’s parks. There are also jogging tracks and lanes throughout the community, which is a great way to exercise or get into shape.
Barsha Heights is a new development in a gated community
It offers affordable housing and a mix of commercial, residential, and recreational spaces for those seeking a convenient lifestyle in the emirate. This area is home to numerous SMEs and local businesses. It is also ideal for commercial uses, as it seamlessly integrates living and working spaces.
Previously, the area around the neighborhood was a barren, sandy parking lot. Today, the new development is home to many young trees and shady spots to sit. Most buildings in Al Barsha Heights have basement parking for tenants. There was a time when parking for visitors was free, but the RTA has implemented new parking initiatives in the area. Barsha Heights residents can now park their cars in a nearby garage for a monthly fee.