Investing in land, in plots often turns out to be an extremely profitable investment. Especially at times when land turns out to be an undervalued resource. The main tool in this type of investment is patience. There are many examples when people bought land plots in Dubai 5-10 years ago and the market value of such plots increased 10, 20 times.

It is necessary to know that there are plots for residential and commercial development.

Residential development means the sale of plots for the construction of private villas, townhouses. Commercial development means the construction of residences, commercial buildings such as office centers. Let's consider the features of acquiring land in Dubai.

Advantages:

- constant high interest in land plots on the primary and secondary markets;

- extremely high liquidity of land, you can sell your plot at the right time at a price 10-20 times higher than the original price;

- the procedure for buying and selling land plots is no different from the procedure for selling apartments, everything is just as easy;

Disadvantages:

- very limited supply. A small number of plots for sale, you need to show interest in advance by making a deposit;

- long turnover of the asset. It may take 3-5-10 years before the market price of your plot increases on the secondary market;

- limited areas of supply. If you want to look for a plot for a private villa on the beach - most likely it will be a very difficult task.

Starting prices of plots on the primary market vary greatly depending on the area and proximity to points of interest.

For example, the cost of a plot for a villa on the beach can be from 10 million dirhams, while a plot of the same size in Dubailand can be about 1 million dirhams.

The cost of land for the construction of a residence can be from 15 million in the Jumeirah village circle area and up to 500 million dirhams on Palm Jumeirah.