Those searching at investing in the Dubai real estate market have a variety of prospects, from stunning penthouses to beautiful villas and luxury apartments. Although a large majority of property investors in Dubai look at either ready or off-plan properties to purchase, there are some folks who crave uniqueness and individuality. For them, buying freehold residential plots in Dubai is a sound option.
If you are planning to invest in freehold plots to design custom-made homes or simply buy land in Dubai, here’s some helpful information before making the purchase.
Freehold residential plots in Dubai to consider
There are several residential areas where investors or buyers can buy freehold land for sale in Dubai. According to our data, the mentioned areas below currently have residential land for sale in Dubai in this category. Here is an overview of each, with their average prices according to square feet.
Al Furjan
Al Furjan is a vibrant neighbourhood located between Sheikh Mohammed Bin Zayed Road and Sheikh Zayed Road. One of the several freehold areas in Dubai, the gated community features property types like villas and apartments available for sale and rent. Additionally, interested investors also have the option of acquiring residential plots here. Presently, the average price per square feet for residential plots for sale in Al Furjan is AED 320.
Dubai Hills Estate
Another area where you can find residential land in Dubai is Dubai Hills Estate. Also referred to as Dubai Hills, the community is located in the heart of the city, next to major road networks. Apart from townhouses, apartments and villas, buyers also have the option of purchasing residential plots here. The average price per square feet of residential plots for sale in Dubai Hills Estate is AED 550.
Palm Jumeirah
The man made archipelago is an architectural marvel — with investors jumping at the chance to purchase real estate here. The Palm Jumeirah has an exceptional collection of luxury properties scattered around the Trunk, Crescent and 16 Fronds. Moreover, the area also attracts expat buyers looking for freehold real estate, particularly freehold residential plots. The price per square feet of residential plots for sale in Palm Jumeirah averages at AED 900.
Pearl Jumeirah
Pearl Jumeirah is an archipelago of seven residential islands located just off the Jumeirah coastline close to Al Satwa. Like Palm Jumeirah, it’s one of the more unique residential islands in Dubai. The area is also popular for its luxury resort, residential apartments, villas and plots.
Those looking for residential land for sale in Dubai may consider Pearl Jumeirah in their search. As for what they might be expected to pay, the average price per square feet of residential plots for sale in Pearl Jumeirah is AED 480.
Akoya Oxygen
Akoya Oxygen can be another development on the list for anyone looking for affordable freehold residential land in Dubai. A project by DAMAC Properties, this is a self-contained community in Dubailand. Aside from houses and flats, the demand for residential plots here is also high. Investors can also opt for plots of land and construct villas or townhouses on it, according to their preferences. The sales price of residential plots in Akoya Oxygen averages at AED 275.
Jumeirah Village Circle (JVC)
Also referred to as JVC, Jumeirah Village Circle is a popular family-friendly community in the heart of new Dubai. The area is particularly popular for palatial properties like villas and townhouses. However, interested parties may also consider it as part of their search for freehold residential plots in Dubai.
The average sales price per square feet of residential plots in JVC is approximately AED 185.