It is no surprise that the real estate sector in Dubailand continues to grow exponentially. In 2024, real estate in Dubailand ranked among the world’s top investment markets, positioning the city as one of the most important in this field. As guaranteed by the Dubizzle website, in this emirate, more than 500 billion dirhams in sales were recorded in the sector last year.
This growth was driven by a reform in property visas, an increase in freehold property zones, and additional state measures ensuring the arrival of entrepreneurs eager to make significant profits in this location. For this reason, many experts recommend the best places for these investments, and Living Legends is one of the top emerging options among specialists.
Living Legends, the affordable development in Dubailand
Living Legends has become one of the most recommended sites by real estate experts due to its location and the availability of residences and apartments at affordable prices. This complex is situated within Dubailand and features 500 luxury villas and twelve residential towers. It offers everything necessary for a young and growing family, including a shopping center, a daycare, a primary school, and a mosque.
Despite catering to family life, luxury also has a place here, as the complex boasts a renowned nine-hole golf course designed by famous Swiss architect Peter Harradine, along with a driving range and a clubhouse. Outdoor activities are also an essential feature, with open spaces and gardens available for relaxation, whether with children or in solitude.
A reliable return on investment in Living Legends, the gem of Dubailand
Analyses from the past year in Dubai show promising figures for various areas of the city, with Living Legends standing out among them. According to specialists from Dubizzle, this neighborhood offers a solid return on investment of 11.16%, making it the perfect place to purchase an apartment. Properties here are available for both sale and rent, with multiple options beyond just apartments.
The complex includes studios, one- to three-bedroom apartments, and four- to six-bedroom villas. Currently, more than 2,200 apartments and 500 standalone villas are available for purchase. Experts highlight that buyers and investors can choose from four different types of villas, classified as A, B, C, and D. Types A and B are located near the golf course, while types C and D are surrounded by green landscapes and feature a maid’s room, a separate family area, walk-in closets, and a guest bathroom. These diverse options cater to a wide range of budgets.
Other affordable alternatives in Dubai
The market continues to expand, as statistics confirm. In addition to Living Legends, other areas remain highly popular among investors in Dubai. One of the most notable is Dubai Silicon Oasis (DSO), where apartments can be found at remarkably low prices, not exceeding 805,000 dirhams. Additionally, Deira offers rental options with an average annual rate of 66,000 dirhams.
The queen of luxury villas remains Damac Hills 2. In this magnificent area, the average asking price per unit is 1.92 million dirhams, with an average annual rental price of 115,000 dirhams. For those looking to invest in mid- or low-range properties, experts have turned their attention to Dubai Investment Park (DIP), which offers an impressive average return on investment of 9.98%. Meanwhile, Jumeirah Village Circle (JVC) villas provide an average return on investment of 7.7%.
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