Luxury Studios & 1-3BR Apartments

Arjan is a developing residential area of Dubai, located 20 minutes drive from the sea coast and a similar distance from the city center. Real estate in Arjan is represented by residential complexes with studios and apartments. The development of the area are mostly mid-rise and high-rise buildings. They usually have various amenities such as gym, sauna, swimming pool, playground for children, parking, concierge service, etc.

The area is on the list of areas where it is allowed to own real estate not only UAE citizens, but also foreigners. Thus, to buy an apartment in Arjan with the right of private ownership can non-residents of the Emirates. Today in the community can be found on sale as ready-made studios and apartments, and real estate under construction.

Apartments in Arjan presented in different price categories. Buyers can choose a ready-made housing or buy an apartment under construction at a good price from the developer. The cost of apartments in Arjan depends on the total area of the property, the availability of amenities in the residential complex, the quality of interior decoration and other parameters. Today in the residential area being built new complexes. Buyers of apartments in Arjan under construction are able to purchase real estate directly from the developer. Also, many developers are offering customers of apartments under construction in installments with no interest.

Apartment in Arjan – it is highly liquid and profitable housing. Due to the affordable prices, convenient location and high quality, real estate in the area is in good demand from both buyers and tenants. Many investors see the area as a good investment opportunity. When buying at the stage of construction, you can buy property at a discount from the builder, and after the commissioning of the residential complex it is profitable to sell it for 20% more expensive. Maximum profits from the rental of the apartment will be about 6% per annum.

This is the income brought by the studios. Profitability apartments with 1 and 2 bedrooms apartments is 5.4% and 5.7% per annum. Apartments with 3 bedrooms bring 5.5% annual income. The exact numbers on the profitability of investing in apartments in Arjan depend on the type of residential complex, its location in the area, the availability of amenities and other aspects.