Villas for Rent in Legacy

A city that started in the year 1991 with only one high-rise, now has its entire landscape adorned with tall, soaring high-rises. Dubai is without doubt one of the fastest growing cities, both in terms of infrastructure and economics.

Dubai is home to the world's tallest hotels, the largest shopping mall, the tallest building The Burj Khalifa, which also includes high-end restaurants, and more.

Several separate property styles exist in Dubai. Villas, Apartments, Penthouses, Studio apartments, etc. are available. When you are searching for your property in Dubai, however, the most common option to invest in is a villa that you may choose to rent out or you may choose to stay there yourself.

Dubai has a very well-developed rental market, which means you can find almost any kind of accommodation you may want. Prices are very expensive in the center of town and in exclusive expat areas outside the city-but you can still find more reasonably priced places if you don't mind a little driving.

In order to rent or buy a villa in Dubai, Al Furjan, JVC and The Villa are in favour among buyers and tenants

• Cost of living index in Dubai is 32.82% lower than in New York.
• Rent in Dubai is, in average, 49.50% lower than in New York.
• Cost of living rank 127th out of 467 cities in the world.

Yes, Foreigners can purchase, sell and rent property in Dubai without any special regulations or permits, thanks to legal changes that took place in 2002.
Many people around the world prefer buying their holiday homes in Dubai as they come with many benefits. One of the major advantages of buying property in Dubai is, you can get a resident visa. (Terms & Conditions Apply)

The top villa communities in Dubai are as follows:

• Arabian Ranches
• The Villa Project
• Sidra Villas
• Grand Views Villas
• Mudon Villas
• Palm Jumeirah
• Springs Villas
• Meadows Villas
• Jumeirah Park
• Jumeirah Island

There is a lot that goes into looking and eventually finding the right home for the family. From school runs to family events and the facilities available there's plenty to consider to find the right match for your family. Some of the options are -

Emirates Living:
The Master Group of Emirates Living encompasses Emirates Hills, The Meadows, The Springs, and The Lakes. All these neighbourhoods have everything you would ever need to build the best possible atmosphere to raise a family in. Near to some of the city's best schools, excellent infrastructure, beautifully landscaped green spaces and a vibrant schedule of events are just a few of the many benefits.

Arabian Ranches:
Arabian Ranches prides itself on being a refuge from the city's quick pace, but that doesn't mean it has nothing else to offer. In addition to a vibrant and active community, Arabian Ranches provides a range of family-friendly entertainment options, and even hosts activities in its picturesque setting. Group BBQs, Market Days and even Family Fun Days and a Community Fair are just few of these exciting events.

Jumeirah:
Jumeirah was once the primary residential area for expats, but is now a more convenient luxury destination for families seeking an existing location with character while still connecting to excellent amenities and the city's newest sections. Many of the houses are single or double story villas and townhouses, but apartments are also available.

Victory Heights:
Victory Heights luxury villas and townhouses in the western half of Dubai Sports City are located in and around The Els Club golf course's green fairways. The award winning community of golf is Dubai Sports City's most well-established residential neighborhood. This ensures that Victory Heights has excellent facilities and infrastructure, such as the on-site kindergarten, landscaped green spaces, and more.

Al Barari:
Stepping into the lush green paradise is unlike everything else in Dubai as a whole. Low density living, comfort, and sustainability are at Al Barari's heart. Divided into leaf-shaped clusters, this secret paradise has stunningly spacious villas set among beautiful landscaping and water features. In fact 60% of the community is devoted to thematic gardens and green spaces.

Meydan District One:

Mohammed Bin Rashid Al Maktoum City, District One with its legendary mansions, villas and residences, is the most prestigious community in Dubai. The city has many famous attractions spread over 45 million square feet, including the World's Largest Man-made Crystal Lagoon.

Sidra Villas:

For those with a taste for contemporary living, the exquisite villas at Sidra are built exclusively. To link you with some of the best options in education, shopping, healthcare and sports, the community is master planned. Anything you might need and want is inside the community for the best lifestyle. This is where you are greeted with warmth in the comfort of your home.

The following are just a few of the many reasons on why you should invest in Villas in Dubai -

• High-quality lifestyle
• Attractive rental yield
• Excellent lifestyle amenities and facilities 
• Range of various residential destinations in the city
• New residency initiatives: The UAE has announced that investors can have 10-year residency visas. With that in mind, there has never been a better time to invest in the Dubai real estate market. 
• Relaxed Taxation Rules

Dubai has been one of the most popular real estate investment destinations in the previous two decades.

Here are some of the pros of buying a property in Dubai:

1. City in progress: The Burj Khalifa, the Dubai Mall, the Dubai Fountain, Dubai International Airport, and the Palm Jumeirah island are all part of Dubai's ongoing growth. Dubai will always be known for its revolutionary and inventive projects.

2. Population: In 1968, Dubai had a population of only 59.000 people. By 2020, the population of the city will have climbed to 2.9 million. With an average annual growth rate of 10.7%, Dubai is one of the world's fastest-growing cities. This means that new real estate is continuously in demand.

3. High rental yields: Dubai properties have an average rental yield of 7%. When you compare that to New York (2.9%), London (2.7%), Singapore (2.5%), and Hong Kong (2.4%), it's easy to see why people flock to Dubai.

4. Property Tax Exemption: One of the primary benefits of purchasing a property in the UAE is the lack of property tax.

Dubai is one of the safest tourist destinations in the Middle East. Because of its tougher restrictions, crime is kept to a minimum, and many tourists feel much safer in Dubai than they do elsewhere. Dubai has a substantially lower crime rate than comparable countries in other parts of the world. The city's public transportation system is clean, safe, and well-maintained, and using it is not dangerous.

When it comes to living expenses, housing takes up a significant portion of the budget. Housing will account for over 30% of living expenses, followed by transportation and food, which will account for 15% each.

Buying a home can be more financially feasible than renting if you can afford the first down payment.

Property in Dubai is now more inexpensive, and prices were last reduced following the global financial crisis.

As the emirate attempts to clear an overstock, the Dubai property market is likely to become more inexpensive, with falls of 5 to 8% this year and in 2022.