New Off-Plan Townhouses for Sale in Dubai
Apartments and high-rise office buildings in Dubai are known worldwide for their magnificent views. It is also well-known as the home of some of the world’s most opulent homes. But what a surprise it will be to discover that Dubai is fast becoming a location where townhouses can be found in great numbers, all built to a global standard and with that distinctive Arabian flavor.
What exactly is a townhouse, and why should you invest in one? A townhouse is a smaller version of a villa or standalone house that is often considered to be ‘attached’ to another similar structure adjacent. Depending on how loosely the definition of a townhouse is applied, you could find several variations of townhouses for sale in Dubai.
Some of the most beautiful townhouses in Dubai can be found in Mudon, JVC, Reem, and Palm Jumeirah. These townhouses are perfect for families but also great for couples or young professionals. There is a wide range of sizes available for sale, from small studios and one-bedroom units to larger two-, three-, or four-bedroom homes. Many come with maid’s quarters which can serve as either a bedroom for your live-in maid or additional storage space.
Right now, in areas where foreigners are allowed to purchase property (freehold), unfurnished townhouses are available for sale. This means that Dubai has opened its doors to foreign investment and non-UAE nationals can own homes here, making their stay more permanent if they wish. In fact, some foreigners may even be eligible to receive a UAE residency visa (if they don’t have one) if the townhouse they buy is valued at AED 1 million or above.
It’s something to think about if it appeals to you. However, it’s vital to understand your own requirements and financial capabilities before making a purchase. Do I want to buy off-plan townhouses? Will a townhouse be enough for me? Is it standalone or in a secure guarded compound? Can I afford a down payment right now? Will I require financing? Is the position of the townhouse nearby? And so forth.
If you’re considering a long-term investment or stay in Dubai, then purchasing a townhouse is ideal. Not to mention, the level of convenience, comfort, and style that you’ll have access to are unrivaled.