UAE is one of the fastest-growing economies in the world that offers; enticing opportunities for investors all over the globe. Dubai, the city of gold, provides umpteen advantages for real estate investors as free zones, tax exemption, etc. Dubai is known for its magnificent architecture and state-of-the-art infrastructure.
The city offers a great opportunity; for investors to indulge in and benefit by being a part of some of the prestigious real estate projects in Dubai. Residential properties in Dubai are affordable and offer luxury at the best prices. If you’re planning on moving to Dubai and looking for the best residential properties at prime locations, this article is for you.
Are you confused about whether you should buy a studio or an apartment? Take a look at the points given below and make your decision!
Moving into a new home is a big decision; there are so many things that you; need to worry; about. If an apartment is luxurious, it is too expensive, and if they’re affordable, they lack style and elegance.
But, property development in Dubai has made it easier for residents to enjoy the best of both worlds. Residential properties in Dubai; have stunning apartments and studios at the best affordable prices. But if you can’t decide whether you should buy an apartment or a studio, we’ll help you figure it out.
- Designated space VS Open space: Apartments have designated spaces; for bedrooms, kitchens, and living areas. Studios have all these facilities in an open space. Studios look more spacious, but apartments are tidier since everything has its specific place.
- Single VS Couples: Studios have a perfect appeal for; bachelors and single folk. You’re free to; customize and design the open space according to your preferences.
Privacy and personal space aren’t an issue when you’re living alone; hence the bachelors and single folks living in Dubai prefer studios to apartments. Couples, on the other hand, need their privacy and therefore find one or two-bedroom apartments, much more suited to their lifestyle.
- Less Furniture VS More Furniture: All homes require furniture, and it is essential that you properly furnish your house. Studios need less furniture as you don’t have to; separately decorate every room. Choosing the right pieces that are multi-functional will save a lot of money. Furnishing an apartment is costlier since every room requires separate furniture.
- Cost-effective VS Costly: Several factors contribute to the cost of residential property; location, amenities, neighborhood, etc. But, when comparing the cost-effectiveness, studios are slightly better than apartments. But, then again, it entirely depends on the locality and amenities you’re looking for and the budget you set for investing in the residential property.
If you want to buy an apartment in Dubai or; buy a studio in Dubai, one thing that you needn’t worry about is the property tax. Dubai is the best option for investors who are; looking for tax exempted residential properties.
Now that you have an insight into your options, you can choose the best residential property for yourself in Dubai without any dilemma. Several real estate developers offer exciting offers that you; surely can’t resist. So, find your home today with the best property developers in Dubai!