FAQ
What real estate options are available in Dubai?
Dubai's real estate market is widely recognised as a lucrative option due to the following factors:
- Rapid economic growth
- Stable political climate
- Innovative, advanced infrastructure
Among the various investment opportunities, residential real estate, including apartments and villas, offers substantial growth potential. The market is known for its high rental yields compared to other major cities globally.
Besides residential properties, commercial real estate and hotel ownership opportunities are also highly attractive due to Dubai's status as a global business hub and a leading tourist destination.
The hospitality sector, in particular, benefits from Dubai's continued popularity among international tourists and business travellers alike, offering owners significant returns.
Why is now the best time to own property in Dubai?
There’s never been a better time to claim a stake in Dubai's real estate market due to several factors:
- Expo 2020 legacy: The legacy of Expo 2020 Dubai continues to drive tourism arrivals and business investment, which combined with rapid population growth, is creating unprecedented demand for residential and commercial properties.
- Government initiatives: Recent government initiatives aimed at stimulating the real estate market, such as long-term visas for property owners and relaxed foreign ownership laws, have made Dubai an even more attractive destination.
- Market growth: The real estate market, which has set new benchmarks in terms of sales volumes and transactional values over the past 12 to 24 months, continues to post remarkable growth. This presents a unique opportunity for owners to capitalise on current trends before the rate of growth stabilises.
What are the benefits of owning a hotel guest room or suite with The First Group?
The First Group provides clients from across the world the opportunity to purchase hotel units in its portfolio of 19+ world-class developments, which are located in the city’s most exciting precincts, including Dubai Marina, Business Bay and Jumeirah Village.
The First Group also owns the award-winning The First Collection hotel brand, which ranks among the UAE’s fastest-growing lifestyle-focused hospitality operators.
The firm’s unique ownership model sees it fully manage clients’ hotel assets on their behalf in conjunction with a world-class hotel operator, with the latter responsible for securing the highest possible occupancy and room rates, providing clients with peace of mind that their asset is being leveraged to its maximum potential. Net profits are returned to owners in U.S. dollars, the world’s benchmark currency.
The First Group’s proven model simplifies the process of purchasing a stake in world-class hotels while offering a range of attractive benefits:
- The First Group and its hotel operating partner manage your hotel asset/s on your behalf.
- There are zero maintenance fees, so no out-of-pocket expenses.
- ROI is typically strong and consistent, particularly in a major hotel market like Dubai. Hotel guestrooms generate a higher percentage yield annually and better immediate ROI than buy-to-let alternatives.
- The First Group assigns a dedicated Client Account Manager to help manage your portfolio, giving you the freedom to enjoy the significant returns generated by your asset.
- The First Group’s upcoming hotel projects are situated in fast-growing, centrally located areas of the city, such as Dubai Marina, Business Bay and Jumeirah Village, which are close to major attractions and transport connections.
- Ciel, The First Group’s most ambitious development to date, which is located in the heart of Dubai Marina, is set to become the world’s tallest hotel upon completion, making it a global landmark in its own right.
- Dubai is renowned for delivering consistent hotel occupancy rates thanks to its popularity and regularly boasts the strongest RevPAR and ADR in the Middle East and North Africa.
What are the highlights of The First Group’s property portfolio?
- The First Group operates four leading residential developments in Dubai Sports City: The Diamond, The Bridge, The Spirit and The Matrix; and three popular hotel-apartment complexes in Barsha Heights: First Central, Metro Central and Grand Heights.
- Its fast-growing The First Collection portfolio of urban lifestyle resorts currently comprises of The First Collection at Jumeirah Village Circle, which was named one of the world’s Top 25 Hottest Hotels for 2022 by TripAdvisor; the 437-guestroom The First Collection Business Bay; and the recently opened The First Collection Waterfront, which is also situated in Business Bay and provides stunning panoramic views of Dubai Canal. Finally, the 32-storey, 675-guestroom The First Collection Marina, which is situated in a prime location offering stunning views of the Arabian Gulf and world-famous Marina district.
- The First Group also owns and operates one Wyndham-branded hotel in Dubai: the multiple award-winning, 675-guestroom TRYP by Wyndham Dubai, which is renowned as the world’s largest TRYP-branded property.
- Other landmark hotel featuring in The First Group’s Dubai Marina portfolio include the 462-guestroom Millennium Place Marina.
Reflecting The First Group’s reputation as one of Dubai’s fastest-growing hotel developers and operators, the firm’s construction pipeline currently comprises the 349-guestroom Avalon Tower in Jumeirah Village; the 579-guestroom The One at Jumeirah Village Triangle; the 492-guestroom The One Hotel at Business Bay; and the flagship 82-storey architectural icon Ciel, which is currently under development in Dubai Marina and will set a new benchmark as the world’s tallest hotel when it opens in late 2024.
Does my hotel purchase with The First Group qualify me for obtaining a UAE Residency Visa?
Property owners in Dubai can qualify for UAE residency visas, ranging from two years to 10 years, under specific conditions. For a two-year residency visa, individual investors must purchase property with a minimum value of AED 750,000.
To qualify for a 10-Year Golden Visa, owners must purchase property valued at AED 2 million or more. It's important to note that residence visas are subject to government approvals, and investors must meet the eligibility criteria set by the UAE government.
Our tailored services simplify the process, guiding you towards obtaining residency visas while capitalising on lucrative real estate opportunities.
What is the process for purchasing a hotel room from The First Group?
The process of purchasing a hotel room with The First Group is designed to be simple and hassle-free. It typically begins with the Visit Dubai travel package, a specially curated experience for potential owners keen to learn more about why Dubai is home to one of the world’s fastest-growing hotel markets. The package includes:
- Complimentary stay at one of our world-class hotels: As a guest of The First Group, you'll enjoy a stay in Dubai on us! During your visit, you'll receive an exclusive tour of our hotel portfolio as well as complimentary vouchers which will enable you to dine at our award-winning restaurants.
- Property tour and showroom visit: You'll have the chance to tour our state-of-the-art showroom, where you’ll learn more about our upcoming hotel developments, including our flagship project Ciel, which is set to be the world’s tallest hotel.
- Consultation and experience: A dedicated consultant will guide you through the benefits of purchasing a hotel guestroom. Alongside this, you’ll experience Dubai’s iconic attractions firsthand.
Take advantage of this exclusive opportunity to diversify your portfolio by booking a free consultation today.
Steady Passive Income
Receive consistent rental income from hotel operations with minimal effort.
Capital Appreciation
As property values increase, your hotel unit can grow in value over time.
Hassle-Free Management
Enjoy a hands-off experience with a dedicated team handling all property management and guest services.
Full Ownership
With full title deed ownership, you have legal control over your property.
High Demand & Occupancy Rates
Hotels located in popular destinations tend to experience strong demand and high occupancy, leading to consistent returns (Dubai Occupancy rates).
Unique & Profitable Asset
Hotel ownership allows you to add a unique and profitable asset to your portfolio, beyond traditional financial assets.
What is Business Bay in Dubai known for?
Business Bay is one of Dubai’s fastest-growing business, hospitality and lifestyle destinations. It is home to global businesses, upscale hotels, trendy dining outlets and iconic landmarks like Dubai Canal.
Where is Business Bay located in Dubai?
Business Bay is centrally located just minutes from neighbouring Downtown Dubai. It offers direct access to Sheikh Zayed Road and the Dubai Metro and overlooks Dubai Canal, which provides ferry services to Dubai Marina and other waterside locations.
How far is Business Bay from the airport and main attractions?
Business Bay is around 15 minutes by car from Dubai International Airport. Downtown Dubai, which is home to the Dubai Mall and the Burj Khalifa, is just a few minutes drive away, making it popular among international visitors to the city.
How easy is it to commute from Business Bay?
Commuting from Business Bay is seamless, thanks to its direct access to Sheikh Zayed Road and dedicated Dubai Metro station. Dubai’s major business and leisure attractions are all conveniently located close to the area.
What are the amenities in Business Bay?
Business Bay is packed with amenities, from upscale hotels to high-end residential towers, leisure and fitness facilities, waterfront dining and retail outlets, and vibrant nightlife venues, all set within a cosmopolitan waterside location.
Are there co-working spaces in Business Bay?
Yes, Business Bay offers a variety of modern co-working spaces and serviced offices. It's a popular hub among remote workers, entrepreneurs, freelancers and global businesses looking for flexible, great value office space.
What is Dubai Marina known for?
One of the UAE’s most iconic destinations, Dubai Marina is known for its world-famous skyline, exciting waterfront attractions and exceptional dining and retail offerings. It’s one of Dubai’s most prestigious and lively residential and leisure destinations.
Where is Dubai Marina located?
Dubai Marina is located toward the southern end of Dubai between JBR (Jumeirah Beach Residence) and Palm Jumeirah. It offers easy access to Sheikh Zayed Road, the Dubai Metro and major city attractions.
What attractions are near Dubai Marina?
In addition to its world-class marina, the district is home to The Walk at JBR and Dubai Marina Mall and is located just minutes from Bluewaters Island (home to Ain Dubai). Beaches, waterfront dining and leisure activities are all within easy walking distance.
Is Dubai Marina family friendly?
Yes, Dubai Marina is one of the city’s most family friendly destinations, with extensive beachside parks and playgrounds, alongside great value dining and leisure options. It’s a safe, vibrant community with plenty to offer.
How far is Dubai Marina from the airport?
Dubai Marina is around 25–30 minutes by car and 20 minutes by Metro from Dubai International Airport and 15-20 minutes by car from Dubai World Central, making it highly accessible to international visitors.
What is Barsha Heights in Dubai known for?
Barsha Heights ranks among Dubai’s most popular and convenient business and residential precincts. It’s a thriving community that is home to global companies, quality residential towers, upscale hotels and a lively social scene.
Is Barsha Heights a good area to stay in Dubai?
Yes, Barsha Heights is a fantastic place to stay in Dubai. Its central location, convenient Metro access and wide choice of hotels, dining, and lifestyle amenities make it popular with both business and leisure travellers.
What kind of restaurants and cafes can I find in Barsha Heights?
Barsha Heights offers a diverse selection of dining options, from cafés and restaurants to rooftop shisha lounges and poolside bars. Whether you're after a quick bite or the full gourmet experience, there’s something for everyone.
How easy is it to commute from Barsha Heights?
Barsha Heights’ popularity can in part be attributed to its first-rate transport links. The area boasts direct access to Sheikh Zayed Road and its own Metro station. Major commercial centres including Dubai Marina, Dubai Media City and Dubai Internet City are located just minutes away by car.
Is Barsha Heights expensive?
Barsha Heights offers excellent value compared to many central Dubai districts. It combines prime location and quality amenities with a broad range of accommodation and dining options to suit various tastes and budgets.
What kind of amenities can I find in Barsha Heights?
Barsha Heights is home to hotels, serviced apartments, grocery stores, cafés, restaurants and bars, fitness centres and a range of essential services. Its dynamic atmosphere and convenient location make it one of the city’s most sought-after destinations.
Is Barsha Heights close to the beach?
Thanks to its central location, Barsha Heights offers easy access to some of Dubai’s most popular beaches. Kite Beach is just a 20-minute drive away, while the iconic Palm Jumeirah is only 15 minutes away. You can also reach JBR (Jumeirah Beach Residence) in around 20 minutes.
What is Jumeirah Village Circle (JVC) known for?
JVC is known for its peaceful, community friendly atmosphere and convenient location close to Dubai’s top business districts and leisure attractions. It’s a fast-growing area that offers a unique balance of urban convenience and suburban calm, with easy access to the rest of Dubai.
Where is Jumeirah Village Circle located?
JVC is located between Al Khail Road and Sheikh Mohammed Bin Zayed Road, with popular destinations including Dubai Marina, Al Barsha, JAFZA and Expo City, a 15-20 minute drive away.
Is JVC a good area to stay?
Yes, JVC is a great destination for travellers seeking comfort, convenience and value. It’s well connected, offers a range of accommodation options from upscale hotels to serviced apartments, and boasts an increasing number of retail, leisure and dining facilities.
What kind of restaurants and cafes can I find in JVC?
JVC offers a mix of casual cafes, international eateries and family friendly dining spots. With new venues opening regularly, it’s gaining a reputation as one of Dubai’s best-value lifestyle and dining destinations.
Is JVC good for families travelling to Dubai?
Yes, JVC is family friendly, with parks and playgrounds all within close vicinity thanks to the precinct’s unique, concentric urban design. It’s a quiet, safe neighbourhood providing convenient access to malls, schools and popular family attractions.
What is the nearest metro station to Jumeirah Village Circle?
JVC doesn’t yet have its own Metro station, but nearby options like Mall of the Emirates and Dubai Internet City stations are easily reached by car or taxi.
Where is Dubai Sports City located?
Dubai Sports City is located in the heart of New Dubai, adjacent to the pan-UAE motorway Sheikh Mohammed Bin Zayed Road. It offers easy access to popular neighbouring precincts including Motor City, Arabian Ranches, Jumeirah Village and Expo City.
Is Dubai Sports City a good place to stay?
Yes, Dubai Sports City is ideal for travellers seeking a mix of comfort, value and access to the precinct’s world-class sporting venues, including Dubai Cricket Stadium. It’s a peaceful, well-connected community that appeals to both leisure and business visitors.
What’s the vibe compared to other Dubai neighbourhoods?
Dubai Sports City offers a more relaxed, community focused vibe compared to busier districts. It blends residential calm with world class sports facilities and lifestyle amenities, making it a unique destination in the city.
What is the nearest metro station to Sports City?
Dubai Sports City is not currently served by a dedicated Metro station. The nearest options are Mall of the Emirates and Dubai Internet City stations, both of which are accessible by taxi or feeder bus.
What’s the best way to get around Dubai Sports City?
The easiest way to get around Sports City is by car or taxi. Local bus routes and ride-hailing apps such as Uber and Careem also offer convenient access to nearby areas and public transport hubs.
Is Dubai Sports City Suitable for Families?
Dubai Sports City is widely regarded as a family-friendly community, offering a well-rounded lifestyle with a range of amenities. It’s home to reputable schools, world-class sports academies, and modern health facilities. With its safe, community-focused environment and convenient location, it’s an ideal choice for families looking to enjoy an active and balanced lifestyle in Dubai.
What is Jumeirah Village Triangle (JVT) in Dubai known for?
One of Dubai’s fastest-growing districts, Jumeirah Village Trianlge’s popularity can be attributed to its convenient location, great amenities and family-friendly atmosphere. It’s a prime, mixed-use community offering easy access to Dubai’s best-known attractions.
Is Jumeirah Village Triangle a good area to stay in Dubai?
Jumeirah Village Triangle is a popular choice for visitors seeking great value accommodation in a laidback urban setting. It offers an ideal balance of calm and convenience, with easy access to Dubai’s top attractions.
What is the easiest way to get around JVT?
The easiest way to get around JVT and neighbouring districts is by private car, taxi, Uber or Careem. JVT is situated adjacent to Sheikh Mohammed Bin Zayed Road – one of Dubai’s main motorways – placing it within easy reach of Dubai’s two international airports and the city’s major attractions.
What kind of shopping, dining and leisure options can I find in Jumeirah Village Triangle?
JVT houses a growing collection of cafés, casual dining spots and small retail outlets. It’s also located close to Circle Mall, while mega shopping and entertainment destinations such as Mall of the Emirates and Ibn Battuta Mall are just a short drive away.
Is Jumeirah Village Triangle considered an expensive neighbourhood?
JVT offers excellent value compared to many districts in New Dubai. It provides affordable accommodation options while still being close to the city’s top commercial centres and leisure attractions.
What kind of amenities can I find in Jumeirah Village Triangle?
JVT and the co-located Jumeirah Village Circle feature parks, playgrounds, fitness facilities, food and retail outlets, as well as essential services including medical centres, pharmacies, schools and nurseries.
What is Dubai Studio City known for?
Dubai Studio City is recognised as one of the region’s leading media production hubs, home to world-class studios, creative businesses and modern office spaces. It’s also gaining popularity as a lifestyle and leisure destination.
How far is Dubai Studio City from the airport and main attractions?
Dubai Studio City is located about 25 minutes by car from Dubai International Airport and 20 minutes from Dubai World Central. Popular attractions like Mall of the Emirates, Dubai Marina and Palm Jumeirah are all located within a 20-minute drive of DSC.
Is Dubai Studio City a good area to live in?
Yes, Dubai Studio City is a good place to live if you’re looking for a quiet, well-connected neighbourhood with access to schools and essential services, creative businesses and plenty of leisure and sports facilities.
Are there dining, shopping and everyday essentials options in Dubai Studio City?
Yes, Dubai Studio City is home to a growing number of cafés and casual dining spots, while supermarkets and retail outlets are also located close by. Larger shopping and dining destinations, including City Centre Me’aisem and First Avenue Mall, are located a short drive from DSC.
What public transport options are available in Dubai Studio City?
Dubai Studio City is well served by city bus services, providing easy connections to nearby Metro stations and surrounding neighbourhoods. Taxis and ride-hailing services are also popular options for getting around.
Is Dubai Studio City considered an expensive place to live?
Dubai Studio City offers great value compared to other neighbourhoods in Dubai. It provides modern and spacious accommodation options at competitive rates, making it an appealing destination for professionals and families alike.