Cheap property in Jebel Ali
Jebel Ali is one of the districts in Dubai, located in the southwestern part of the city. It is a free economic zone with the largest seaport in the country. Foreigners tendtobuy cheap real estate in Jebel Ali, as the community is a sought-after destination among expats, entrepreneurs as well as tourists. In addition to several residential sub-communities, it houses the man-made Palm Jebel Ali archipelago. Foreigners can buy cheap property for sale in Dubai and be rightful owners.
The largest free economic zone in the country and in the world has made the small fishing village one of the most popular communities in Dubai. The development of the area began in the second half of the last century and is still continuing, which allows you to purchase housing for every taste and budget. Here you can find both premium villas and budget-friendly studio apartments and one or two-bedroom units.
Property prices in Jebel Ali
The cheapest option in Jebel Ali is studio apartments. Depending on the area, they can be purchased at the price starting from AED 500,000. The price may vary depending on:
- the size of the apartment and the number of bedrooms;
- the level of comfort the apartment offers;
- its distance from the sea;
- amenities in the development complex.
You should also keep in mind that prices for cheap apartments for sale in Dubai are dynamic. The local real estate market is recovering from the pandemic. The demand for property is growing and so do the housing prices. Therefore, we recommend that you check the prices right before buying.
The sub-community offers everything you could ask for for comfortable living. There are many shopping malls and fine dining restaurants, kindergartens and schools, clinics and hospitals. There are also large amusement and theme parks in the neighboring communities. Dubai International Airport is a 25-minute drive away.
The community is popular among businesspeople. There are many international companies registered here whose employees prefer to live in this community. Private beaches and popular tourist spots attract tourists as well. With the climate conditions of the United Arab Emirates, the holiday season lasts almost all year round, therefore you will easily find tenants for your apartment.
Real estate investment in Jebel Ali
There are several reasons why investing in cheap property in Dubai is a great idea:
- stable economy of the country. The exchange rate of the local currency to the dollar has remained unchanged for a long time. This makes the investment safe;
- Affordable prices. It allows you to buy cheap housing in Jebel Ali without spending a fortune;
- High ROIs. The return on investment can reach up to 5-6% per annum. In large cities in Europe and the United States, this figure does not exceed 3%.
- Zero property tax. Renting out an apartment, property owners do not have to pay any taxes.
We help buy cheap real estate in Jebel Ali, Dubai, UAE
Our property catalogue offers a wide range of cheap properties in Jebel Ali and other areas of the city. Find your ideal buy-to-live or buy-to-let home today. Our agents will help you choose the best option matching your goals and budget and walk you through the buying process to ensure a safe and smooth experience.
