3 Types of Real Estate Investments for New Investors
The real estate market in the UAE is one of the fast-growing sectors in the economy. With more and more investors interested in investing in real estate, the competition has become high. There are 3 types of real estate investments that you can choose as a new investor. Depending on the purpose of use, you can explore the real estate sector till you find the right property.
The three types of real estate are commercial, residential, and land. You can choose from many subcategories for each type of real estate investment. Let us look at each real estate investment and how you can benefit from it.
Commercial Real Estate
Owning a property or land to conduct business is known as commercial real estate investment. This includes properties such as buildings, hotels, malls, retail stores, lands, warehouses, and others.
Investing in a building for your own business, building a purchased property for leasing income, or purchasing land to develop a business is considered a commercial real estate investment.
The types of Commercial real estate are
- Offices
- Industrial
- Multifamily
Examples of Offices – Owning a property in one of the top commercial buildings such as Concorde Tower in Dubai, marina plaza or Jumeirah Emirates Towers and others.
Examples of Industrial – Owning an industrial building in areas such as Ras Al Khor Industrial Area, Al Quoz Industrial Area, Al Safa Area, and Jebel Ali Industrial Area.
Examples of Multifamily – investing in DAMAC Residence, Dubai Waterfront, Paramount Residential Towers, The Address Dubai Mall, and others.
Residential Real Estate
Whether you are planning to migrate to the UAE or you are an expat, migrant in the country. You will need to invest in residential properties for your stay. Investing in residential properties include single-family rentals, vacation rentals, multi-family rentals, and buying a property to fix and use.
Some of the top residential communities in the UAE to invest in properties include Jumeirah Village Circle, Downtown Dubai, Palm Jumeirah, Emirates Hills, and more.
Land Real Estate
Investing in land is one of the most prominent investment options for both residential investors and commercial investors. Whether you choose to build a house or build your company on the land. Land investments are always a good option to increase your return on investments.
When you invest in land real estate you have many options such as using the land for commercial, residential, farming, or mining purposes.
Each type of real estate investment has its own challenges and advantages. When deciding on which investment you wish to follow, it is best if you have the experience, skills, and market knowledge to succeed in the investment. You can also seek advice from experts and hire the best real estate agency to help you with your investments.
At Aarco Real Estate we provide many services including expert advice and consultation services.
