
Any investment in a 1 bedroom apartment for rent in Dubai requires analysis of areas that deliver the best ROI. The dynamic real estate environment in Dubai demands well-informed decisions to really maximize rental income and capital appreciation.
If you have plans to invest in or lease a 1 bedroom apartment for rent in Dubai, specific areas will give you strong potential return on investment.
For those individuals seeking to rent their property, Levante Real Estate the top areas that offer the best returns for 1 bedroom apartments for rent in Dubai:
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Dubai Marina
Probably one of the high in-demand areas in town, this is for a number of reasons. For it is considered a hub for young professionals and tourists, it offers great views, a great atmosphere, and a wide array of dining and entertainment options here. Thus, a 1 bedroom apartment for rent in Dubai Marina can attract high yields in rental as this place is very popular with expats and tourists.
Why it offers high ROI:
This is a beautiful location near the beach, and world-class amenities make this a very desirable short-term and long-term rental location. High demand for rentals, and property tends to retain or appreciate, making it great for investors.
Average Rental Yields:
High-return rental areas in Dubai brings 6-7% rental yields for 1-bedroom apartments.
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Business Bay
Business Bay is one of the most demanded apartment areas in Dubai and almost next to Downtown Dubai. This area comprises business buildings and apartment structures, thus perfectly suited for an investor seeking rental yield. Also, it is close to all the visited places in the city, including Burj Khalifa, Dubai Mall, and the Dubai Canal, so it so happens to be very much in demand among professionals.
Why it offers an excellent ROI:
Business Bay is always on the books of professionals and businessmen, and that raises the possibility of high rental property demand. Its proximity to major business centers and leisure destinations raise the possibility of capital appreciation and high returns on rental yield.
Average Rental Yields:
This high-return rental area in Dubai brings 6-8% rental yields for 1-bedroom apartments.
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Jumeirah Village Circle (JVC)
Jumeirah Village Circle is one of the more promising communities for a home seeker. Of course, it’s one option that remains up for grabs and continues to provide a budget-friendly opportunity for residents interested in trendy kinds of homes. For an honest chance at a decent, long-term income flow, those wanting a rental house will find incredible deals at JVC.
With all the major highways, schools, and shopping outlets within reach by staying in a 1 bedroom apartment for rent in Dubai JVC, it has proved to be one of the popular options available both for families as well as professionals.
Why this one gives a good ROI:
JVC is relatively cheaper than most of the other top destinations in Dubai. Since several new projects have recently been introduced to the market and the demand keeps growing, the investors will also be able to enjoy heavy rental yields and an increase in the properties with time.
Average rental yields for 1 bedroom apartments:
This high-return rental area in Dubai brings 7-9% rental yields.
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Dubai Silicon Oasis
Dubai Silicon Oasis has turned out to be the tech hub and a center of innovation. It has residential as well as commercial places. Many new entries in the technology field, including fresh entrepreneurs, expect to make a good footing there. Hence, the best place to take on rent 1 bedroom apartments for rent in Dubai is still Dubai Silicon Oasis.
Why it offers good ROI:
Being dotted with tech companies and universities, there will be bound to be consistent demand for flats, which will mostly be medium and long term. Property prices here at DSO are very low. That alone will factor into being such an attractive potential ROI.
Average Rental Yields:
This high-return rental area in Dubai brings 6-8% rental yield of 1-bedroom apartments.
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Al Barsha
Al Barsha is an older residential area over here in Dubai. This location is known to have a highly peaceful environment. It is situated close to various major attractions in the city, one of which being Mall of the Emirates. Generally, the available property types would include affordable 1 bedroom apartments for rent in Dubai, making it easily considered for investment as well as rental purposes.
Why it gives a great ROI:
Al Barsha has a mix of affordable and premium housing, with steady demand from families and expats. The established infrastructure and easy access to public transportation ensure high occupancy rates for rental properties.
Average Rental Yields:
This high-return rental area in Dubai brings 5-7% rental yield for 1-bedroom apartments.
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International City
International City is one of the most reasonably priced locations when considering purchasing a 1 bedroom apartment for rent in Dubai. This development is highly diversely populated with affordable property costs and is most in demand due to budget-friendly houses with a very wide variety of different types of tenancies.
Why it gives good ROI:
Properties are cheap and the rentals in this place have a consistent demand. Hence, it is the best choice for the investors to invest in a property and increase the rental yield with less commitment on the initial investment.
Average Rental Yields:
This high-return rental area in Dubai brings 7-9% rental yield for 1 bedroom apartments.
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Discovery Gardens
Discovery Gardens is a community offering affordable living near other strategic business locations like Dubai Internet City, and Dubai Media City. It is, therefore, suitable for singles and families, who would need budget-friendly 1 bedroom apartments for rent in Dubai.
Why it offers high returns:
Discovery Gardens provides highly competitive rentals and decent demand from expats for mid-range. The locale enjoys the benefits of being located closed to schools, shopping centers, and public transports.
Average Rental Yields:
This high-return rental area in Dubai brings 6-8% rental yield for 1 bedroom apartments.
Final Thoughts
An investment in a 1 bedroom apartment for rent in Dubai can be highly profitable with an excellent return if the right location is chosen with Levante Real Estate by your side. Areas such as Dubai Marina and Business Bay provide maximum rental yields, along with capital appreciation, whereas more affordable locations such as International City and Discovery Gardens provide attractive ROIs for budget-conscious investors.
At Levante Real Estate, we believe that it is very important to conduct proper research into the place one is planning to invest in. Look for demand, amenities, accessibility, and future developments in that area. An investment in a 1 bedroom apartment for rent in Dubai is going to prove very rewarding and can bring good finances in the long run. These areas have an excellent variety of apartments for rent in Dubai that would suit your requirements and budget.