1. Why investing in Al Karama is an ideal proposition

Al Karama is a very popular neighborhood because of its competitive rental rates and access to restaurants, schools, shopping malls, and other amenities. Wasl offers many options close to Al Karama. Browse a list of popular projects in and around Al Karama, that promise a vibrant, contemporary and rich lifestyle. 

Wasl 1

Potential investors can opt for apartments in Wasl1, including spacious and luxurious freehold homes, with easy connectivity to key destinations in Dubai, including the World Trade Centre, Business Bay, Sheikh Zayed Road, and Downtown Dubai. For those looking for luxurious apartments, the Wasl1 master development offers excellent one, two and three-bedroom apartments and duplex apartments at Park Gate Residences, 1 Residences, and Park View Residences. Apartments at Wasl1 start at AED 1,800,000. 

Park Gate Residences

Park Gate Residences is located in Wasl1 and offers 746 modern apartments across four luxurious residential towers on one podium, overlooking Zabeel Park. Residents have easy access to transport links, including the Max Metro Station. The World Trade Centre is only 5 minutes away, while Sheikh Zayed Road is a quick 5-minute drive and Downtown Dubai is a 12-minute drive away.

Park View Residences

Park View Residences boasts stylish one, two and three-bedroom homes, with one-bedroom units between Old and New Dubai, in Al Kifaf.  Located near major road networks in Dubai, it is easy for residents to access amenities such as schools and malls, like Dubai Mall, Burjuman, and Wafi Mall, and other significant landmarks such as DIFC and Downtown Dubai.

Nad al Hammar

Another community worth considering close to Al Karama is Nad Al Hammar. A small but vibrant neighborhood, it is situated near Ras Al Khor and is just 20 minutes away from Al Karama. Nad al Hammar Gardens is developed by Wasl and offers a blend of residential and retail spaces, focusing on community amenities, green areas and open spaces. The project has excellent infrastructure and convenient connectivity options making it a very attractive destination for investors. 
Nad Al Hammar Gardens also offers: 
Retail units
F&B outlet
Supermarkets
Office spaces
Easy access to healthcare centers and prestigious schools
For residents who prefer an active lifestyle, there are sports stores like Sports in Life and Sports Souq. Nad Al Hamar is home to several important landmarks, including the Nad Al Hamar Mosque, one of the largest mosques in Dubai. 

2. Buying property in Business Bay 

Business Bay is the commercial heart of Dubai. It boasts premium real estate, as well as the best restaurants, attractions, and more. If you are looking to invest in Business Bay, Wasl has attractive options not far from here. Check the best options to invest in real estate in Business Bay: 

Green Park for nature-inspired living

Wasl Green Park in Ras Al Khor is just a 13-minute drive away from Business Bay. It offers nature-inspired living across one-, two, and three-bedroom units and is ideal for those pursuing a sustainable lifestyle. Rents at Wasl Green Park start at AED 52,000

Dar Wasl for cosmopolitan living

Another popular Wasl community not far from Business Bay is Dar Wasl. It is just a 15-minute drive away and is ideal for those who would enjoy easy access to the beach as well as other amenities, like parks and trendy cafes and boutiques. Rent at Dar Wasl starts from AED 100,000 per year.

One B Tower for balanced living

Wasl’s One B Tower is another ambitious project in the Downtown and Business Bay area that is worth investing in. It boasts excellent amenities and a wellness-first lifestyle. Residents can enjoy access to state-of-the-art training equipment, gym areas and yoga spaces, a podium-level swimming pool, retail spaces, a kids’ playroom, and much more. Prices start from AED 2,500,000.

Al Kifaf combines comfort and convenience

An exciting community close to Al Karama and Business Bay is Al Kifaf. Located next to the Dubai Frame and Zabeel Park, it is just 16 minutes away from Business Bay. Wasl’s 1 Residences in Al Kifaf is an attractive option for investors offering convenient access to major leisure and business areas. It is situated near the Max Metro Station and Sheikh Zayed Road, providing easy connectivity. The project is also close to Za’abeel Park, making it well-connected to Downtown Dubai and the Business Bay area. As part of the prestigious Wasl1 community, it provides exceptional amenities and a luxurious lifestyle for residents, combining comfort and convenience. 1 Residence offers exceptional amenities and a luxurious lifestyle, combining comfort and convenience. Two- and three-bedroom units are available for sale, starting from AED 3.3M.

3. Investing in Jebel Ali

Jebel Ali is an ideal destination to invest in because of easy access to Dubai South as well as projects in entertainment, hospitality, transport, and logistics. It’s a top choice for families because of its landscaped spaces, recreational areas, and competitive real estate investment opportunities. 

 Discovery Gardens - a prime choice in Jebel Ali

For those looking to invest in property in Jebel Ali, Discovery Gardens is a competitive freehold community. It also offers fantastic recreational amenities, including swimming pools, playgrounds, tennis courts, and a mosque. It has six ‘garden living’ themes - Zen, Mediterranean, Contemporary, Mogul, Mesoamerican and Cactus. There are plenty of options to choose from near Discovery Gardens. Here are some projects worth considering: 

The Nook at Wasl Gate for vibrant community living

The Nook at Wasl Gate is a sought-after community in Jebel Ali. Part of the 1.13 million square-meter Wasl Gate development, it offers easy access to the free zones, including JAFZA, DMCC, Dubai Internet City business clusters, DWC, and Dubai Parks & Resorts. Wasl Gate also boasts a central park, a dog park, water features, and play areas for kids. Apartments at The Nook, Wasl Gate start at AED 780,000. 

Hillside Residences for spacious homes

You can also consider Hillside Residences, with luxurious apartments surrounded by lush greenery and landscaped gardens. It offers modern and luxurious homes and floor plans across 1 bedroom apartments with four different layouts. Every unit is designed with neutral aesthetic colours palettes, featuring elegant looks, subtle detailing and quality furnishing. Units at Hillside Residences start at AED 1 million and have been sold out.
If you want to know more about the best places to invest in real estate in Dubai, get in touch with Wasl.

FAQs

Is investing in real estate in Dubai profitable?

Yes, investing in real estate in Dubai offers competitive yields, alongside other benefits, like long-term residency. Properties by Wasl are in high demand and very attractive for investors because of their central location, diverse property options, top notch amenities and community appeal. 

How can I choose the right area for investment?

Wasl has several residential projects across Dubai close to major landmarks, like City Walk, Downtown Dubai and the Dubai Frame. You can choose the right area based on your budget, needs and amenities. Wasl’s projects enjoy consistent growth in property values, so investors can expect strong returns.

What is the return on real estate investment in Dubai?

It depends on the location and type of real estate, but as an investor, you could be looking at an ROI of between 8 to 10 per cent, or more. It is best to invest in properties that offer a family-friendly environment, good facilities, and vibrant community events to enjoy higher ROI potential.

How can one become a real estate investor in Dubai?

It is easy to become a real estate investor in Dubai. Wasl offers a complete guide on how to navigate the process. When investing in real estate in Dubai, remember to choose a property that is close to major business hubs, shopping centers, and leisure destinations.