Bur Dubai Area Guide: Living & Investment

Bur Dubai Area Guide: Living & Investment

Are you looking for a place to live in Dubai? Bur Dubai is a popular residential community in Dubai that offers a range of villas and townhouses for rent and sale. We will explore the reasons why you want to live in there.

Bur Dubai Area Overview

Bur Dubai is one of the oldest areas in Dubai and is located on the western side of Dubai Creek. It is a historic and cultural hub of the city, with a mix of traditional and modern architecture, as well as a diverse population.

Location

Bur Dubai is located on the western side of Dubai Creek and is bordered by the districts of Al Fahidi, Al Hamriya, and Al Souk Al Kabir. Bur Dubai is considered the heart of old Dubai and is known for its traditional souks, museums, and historic landmarks such as the Dubai Museum, Grand Mosque, and Sheikh Saeed Al Maktoum House. It is also a popular residential area with a mix of old and new buildings, as well as a bustling commercial center with plenty of shops, restaurants, and entertainment options.

Infrastructure

Bur Dubai is a well-developed district with modern infrastructure and amenities. The district is well-connected to the rest of Dubai via various transportation options, including the Metro, buses, taxis, and water taxis. There are several hospitals and clinics in Bur Dubai, such as the Dubai Hospital and the Aster Hospital, providing quality healthcare services to the residents of the district. Therefore, Bur Dubai is a good place to rent an apartment and live there.

Schools and Universities

Bur Dubai has several schools and universities catering to the diverse educational needs of the residents in the area. Here are some of the notable ones:

• Dubai English Speaking School: A British curriculum school offering education to children from the age of 3 to 18.
• The Indian High School: A CBSE curriculum school providing education to students from KG to Grade 12.
• The Pakistani Educational Academy: A school following the Federal Board of Education, Islamabad, Pakistan, catering to Pakistani students.
• Dubai Modern High School: An Indian curriculum school offering education from KG to Grade 12.
• American University in Dubai (AUD): A private, non-sectarian institution offering undergraduate and graduate programs in various fields, including engineering, architecture, business, and communication.
• Heriot-Watt University Dubai: A branch campus of the Scottish Heriot-Watt University, offering undergraduate and postgraduate courses in business, engineering, and science.
• The British University in Dubai (BUiD): A research-based university offering postgraduate courses in various fields, including business, engineering, and education.

Shopping Places

Bur Dubai is a bustling shopping destination that offers a mix of traditional souks and modern malls. Here are some of the popular shopping places:

• Burjuman

This is one of the oldest malls in Dubai and has over 300 retail stores, including high-end fashion brands, electronics stores, and a cinema.

• Wafi

A luxurious mall with a unique Egyptian theme, offering high-end fashion boutiques, art galleries, and a spa.

• Dubai Textile Souk

Located in the heart of Bur Dubai, this souk is famous for its wide selection of fabrics, textiles, and tailoring services.

• Karama Market

Known for its affordable clothing, footwear, and accessories, Karama Market is a popular shopping destination for tourists and locals alike.

Entertainment Venues

Bur Dubai is a vibrant district with plenty of entertainment options to suit every taste. Here are some of the popular entertainment:

1. Dubai Museum: Located in the oldest existing building in Dubai, Al Fahidi Fort, the museum provides an insight into the city's history and culture.
2. Dubai Creek Park: A large park located along Dubai Creek, with walking trails, playgrounds, and picnic areas.
3. Dubai Dolphinarium: A unique indoor attraction that features dolphin and seal shows, as well as exotic bird shows.

True to its reputation as the cultural hub of Dubai, the historic Al Fahidi Historical Neighbourhood has several art galleries featuring some up-and-coming artists from around the world. XVA Art Hotel and Al Serkal Cultural Foundation, in particular, have many art exhibitions throughout the course of the year. Bur Dubai is also close to Dubai World Trade Centre where several events and major exhibitions happen throughout the course of the year, including GITEX, Arab Health, Gulfood, Beautyworld, and more.

Advantages of Living in Bur Dubai

There are several advantages of living in Bur Dubai, which is one of the oldest and most vibrant districts in Dubai. Here are some of the main benefits:

• Perfect for expat families
• Easy access to public transportation
• Caters to the needs of the multicultural population of Dubai

Compared to some of the more upscale areas in Dubai, Bur Dubai offers more affordable housing options, including apartments and villas. This makes it an attractive place for those looking for a more budget-friendly living option. Bur Dubai is home to several traditional souks, such as the Dubai Textile Souk and the Meena Bazaar, as well as modern malls like BurJuman and City Walk. There are also plenty of entertainment options, such as the Dubai Dolphinarium, Al Nasr Leisureland, and the Dubai Museum.

Learn more about the advantages of living in Dubai by reading our comprehensive guide.

Is Bur Dubai a Good Choice for Buying a Property?

Whether Bur Dubai is a good choice for buying a property in UAE depends on your personal preferences and needs. Here are some factors to consider when deciding whether Bur Dubai is a good choice for buying a property:

1. Budget: Bur Dubai offers a range of property options, from apartments to villas, catering to different budgets. It is important to consider your budget and the type of property you are looking for before making a decision.
2. Amenities: Bur Dubai offers a range of amenities, including shopping malls, supermarkets, restaurants, and entertainment options. However, the availability and quality of amenities may vary depending on the specific location within Bur Dubai.
3. Lifestyle: Bur Dubai has a vibrant and diverse community, with a mix of local Emiratis, expats, and tourists. It is important to consider whether the lifestyle in Bur Dubai aligns with your preferences and needs.
4. Investment potential: Dubai's property market has seen fluctuations in recent years, and it is important to consider the long-term investment potential of the property before making a decision.

The average sales price for studios is AED 507k, while 1-bedroom apartments for sale can be purchased for AED 741k, on average. Those looking for larger residential units can find 2 BHK flats for sale priced at AED 750k to AED 2.4M. The starting price of larger 3-bedroom apartments for sale is AED 827k and it can go up to AED 3.5M. Those looking to invest in townhouses located in Al Kifaf and Al Jaddaf can expect prices to range from AED 859k to AED 2.9M. There are a few 3 and 4-bed penthouses in Bur Dubai priced at AED 1.2M on average.

The Advantages of Real Estate Investment in Bur Dubai

There are several advantages to real estate investment in Bur Dubai, which is one of the oldest and most established districts in Dubai. Here are some of the main benefits:

• Income Tax-free income

One of the main advantages of investing in real estate in Dubai is the absence of income tax. This means that rental income earned from properties in Bur Dubai is tax-free, providing investors with a higher return on investment.

• Minimal Value Added Tax (VAT)

: Dubai has a low VAT rate of 5%, which is significantly lower than many other countries around the world. This means that property investors in Bur Dubai are subject to minimal taxes, providing them with greater flexibility in their investment strategy.

• High Standard of Living

Bur Dubai has a high standard of living, with a range of amenities including shopping malls, restaurants, entertainment options, and healthcare facilities. Additionally, the district has a safe environment and a diverse community, making it an attractive location for both residents and investors.

• Safety

Dubai is known for its safe and secure environment, with low crime rates and a strong focus on public safety. This provides investors with peace of mind that their investment is protected in a stable and secure environment.

• Relatively High Rental return

Due to its central location and established community, Bur Dubai offers a relatively high rental return compared to many other areas in Dubai. This makes it an attractive location for investors looking for steady rental income from their property investment.

Imtilak Global Provides the Best Real Estate Investment Opportunities in Bur Dubai

Imtilak Global is a leading real estate agent that specializes in Dubai properties. We have extensive knowledge and experience in this market, and we can help you find your dream home in this amazing community. Contact Imtilak Global today and let us help you buy your home in Bur Dubai.

Edited by Imtilak Global ©

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