Top New Properties in Dubai for Investor Visa from AED 750,000
Introducing
Dubai is attracting more and more foreigners due to its warm climate, business-friendly environment, job opportunities, and various entertainment facilities. In 2021, the Government of Dubai reduced the minimum investment requirement for obtaining an investor visa. As a result, foreigners have the chance to apply for an investor visa when purchasing a property for a minimum price of AED 750,000 (USD 204,000). Prior to this change, investor visas were available to those purchasing a property for a minimum price of AED 1,000,000 (USD 272,000).
In this article, we will tell you more about recently launched real estate projects that offer properties that have a minimum price of AED 750,000 (USD 204,000), which would qualify you to apply for an investor visa. Visa holders have access to several benefits including the ability to get an Emirates ID and driver’s licence, as well as the opportunity to stay in the UAE without limits.
Select Group Peninsula Five
Peninsula Five by Select Group is one of the latest additions to the Peninsula area, a waterfront community located in Business Bay. It’s an ideal option for those looking to live in the heart of Dubai while having easy access to nearby business centres, educational institutions, and attractions.
Properties will include studios and one- to four-bedroom apartments that range in size from 513 to 1,815 sqft. Units will have stunning views of Downtown Dubai, the Dubai Canal, and the Gulf. Those looking for a more spacious unit might be interested in waterfront duplexes that will feature one- to four-bedroom floor plans. Properties will boast panoramic windows, premium decor, and elegant finishes.
Residents will never have to worry about getting bored at Peninsula Five. The development has plans to provide many leisure and recreational facilities, including a community mall, squash courts, tennis courts, basketball courts, a skatepark, walking and cycling paths, and swimming pools. Peninsula Promenade is set to be the heart of the community where visitors will be able to go to an outdoor cinema, art park, and jet fountain area.
The project is scheduled for completion in Q4 2024. Buyers have access to attractive payment plans, and studios have a starting price of AED 1,000,000 (USD 272,000).
Note: Purchasing a more spacious unit or duplex at Peninsula Five allows you to apply for a five-year Golden Visa, which can be obtained when purchasing a property with a minimum price of AED 2,000,000 (USD 545,000).
Azizi Riviera Beachfront
Recently developed by Azizi Developments, Riviera Beachfront is a residential complex located in Meydan, Mohammed Bin Rashid City. The development consists of three towers with residential units that vary in size and configuration. Residents get breathtaking views of the Burj Khalifa, the nearby lagoon, and the Dubai skyline. The complex provides various sports facilities, including swimming pools, gyms, cycling and jogging tracks, tennis courts, basketball courts, and white sand beaches.
From the Riviera Beachfront, residents can easily travel to any corner of Dubai. Downtown Dubai can be reached within 15 minutes. Meydan One Mall, Meydan Racecourse, and Dubai Festival City Mall offer popular leisure activities and are situated within a short drive of the residences.
For pricing information on Riviera Beachfront units, don’t hesitate to contact us. We will provide you with all of the necessary information, including master plans, unit layouts, and payment details.
Binghatti Creek
Binghatti Creek is a 21-storey building located in Al Jaddaf, an area that is surrounded by the Royal Za’abeel Community and Dubai Creek. The project was developed by Binghatti Developers. Properties will include one- to three-bedroom apartments that range in size from 700 to 1,550 sqft. Units will feature spacious balconies and floor-to-ceiling windows that offer beautiful views of Dubai Creek and the Dubai skyline.
Binghatti Creek will provide a variety of amenities, including a swimming pool, gym, and children’s playground, among others. High-tech gadgets, such as voice-controlled assistants, will provide residents with the maximum level of comfort and security.
Business Bay and Downtown Dubai can be reached within a 10-minute drive of the complex. For entertainment and leisure activities, residents will be able to go to Dubai Festival City Mall, Wafi City Mall, and Ras Al Khor Wildlife Sanctuary.
The complex is scheduled for completion in Q1 2023. One-bedroom apartments range in price from AED 650,000 (USD 177,000) to AED 965,000 (USD 263,000), depending on the floor plan and location within the complex.
Sobha Hartland The Crest
The Crest is a residential complex located in Sobha, Hartland. It consists of four skyscrapers: Tower A, B, C, and D. The development offers a distinct design due to its interlinked Sky Gardens. Properties include one- to three-bedroom apartments that vary in size and configuration. The complex provides several amenities, including a swimming pool, a barbecue area, and sports facilities, and residents can enjoy a garden, retail stores, and restaurants situated within a short walk of the residences.
Business Bay and Downtown Dubai are located within 10 minutes of the apartments, and Dubai Marina can be reached within a 25-minute drive. One-bedroom apartments have a starting price of AED 890,000 (USD 242,000).
Note: The Sobha Hartland community area has North London Collegiate School and Hartland International School. The average price for studying at an international school in Dubai is AED 30,000 (USD 8,000), per year. Learn more about the top schools in Dubai in this article.
Ellington Hamilton House
Hamilton House is one of the latest developments by Ellington Properties. The project is located in JVC, an area that is gaining popularity among investors and tenants due to its moderate real estate prices. Residential properties include studios and one- to two-bedroom apartments that range in size from 387 to 1,300 sqft.
Residents of Ellington Hamilton House will get access to an abundance of amenities, including leisure and lounge pools, a pool deck, a fitness centre, a yoga studio, and a hotel-style lobby. Apartments in Hamilton House feature open-plan kitchens, appliances, crafted cabinetry, laundry rooms, and balconies that offer stunning views of the surrounding area and lush greenery.
Residents have easy access to other parts of the emirate. Dubai Marina and Downtown Dubai can be reached within 20 minutes. Jumeirah Golf Estates Clubhouse, Jebel Ali Racecourse, Dubai Butterfly Garden, and Dubai Miracle Garden are among the closest entertainment venues.
One-bedroom apartments have a starting price of AED 845,000 (USD 230,000), and buyers have the opportunity to follow an attractive payment plan.
How Can We Help?
Metropolitan Premium Properties has a team of professionals standing by to help you with choosing a property that best fits your needs and budget. They can also provide you with critical information about Dubai visas and their benefits, as well as assistance with getting a mortgage at the UAE bank.
Investors can choose to purchase properties to subsequently rent out, which can provide a stable income without the need to stay in Dubai. An agent can assist you in the process and provide you with property management services that include finding tenants, monitoring timely payments, transferring funds, and solving issues that may arise.
