Categories: Business

Dubai Marina and Downtown Dubai more and more popular

Apartments in Dubai continue gain more and more value in the wake of the eye catching developments constructed by the renowned developers of Middle East. Bayut observed that the apartments of Dubai Marina and Downtown Dubai were particularly popular among the people with expats from Pakistan and UK taking increased interest in the procurement of one bedroom apartments.
The increased job opportunities continue to attract people to Dubai and since most of the offices are located in Downtown Dubai, the apartments located with the specific locality have emerged to be most successful. The apartments for sale in Dubai have always been closely eyed by the investors. It is a fact that the apartments are clearly money making machines, if located in Downtown Dubai and placed on rent. No wonder the landlords are enjoying the steadily escalating rental values of the property markets.
The current year placed the one bedroom apartments at Downtown Dubai at an average price of Dh2,040,800 during the first quarter. The second quarter escalated the prices to Dh2,225,587 while the third successfully managed to propel the value to an encouraging Dh2,531,632.
Apart from Downtown Dubai, the apartments of Dubai Marina are another point of interest for the tenants and investors alike. The apartments are steadily gaining price escalation and the residents in the towers are increasing daily. During the first quarter of the current year the prices of one bedroom apartments of Dubai Marina were witnessed to be at Dh1,271,479. Q2 propelled the prices to Dh1,421,475 and Q3 further escalated the prices to Dh1,520,284.
Dubai Marina is known as the highest residential block of the world and it gives you the luxury to keep yachts in the marina as well thus enabling you to enjoy a spectacular evening cruse. The apartments for sale in Dubai Marina are not as expensive as those of Downtown Dubai but the former does have a neck to neck competition with the latter.

For more information please visit: http://www.bayut.com

Malcolm

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