Ghantoot

The coastal area of Ghantoot is located between two major cities—Dubai and Abu Dhabi—providing easy access to the business and entertainment centers of these metropolises. It is an ideal place for those seeking comfort and seclusion by the sea, combining a convenient location with a high level of service and access to a variety of amenities.

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Real Estate Prices in Ghantoot

As of the third quarter of 2024, real estate prices in the area vary depending on the type of housing. Apartments can be purchased for an average of 2,500,000 AED ($680,650), townhouses cost around 4,500,000 AED ($1,224,000), and villas are priced between 7,500,000 AED ($2,041,500) and 23,500,000 AED ($6,403,800).

Real Estate Returns in Ghantoot

Investing in real estate in the area is suitable for generating income from both short-term and long-term rentals. The annual return averages 8%, attracting investors seeking stable passive income. Short-term rentals, especially during the tourist season, also show high returns, reaching up to 10%.

Infrastructure in Ghantoot

The area also features several prestigious educational institutions, such as Ghantoot School and Ghantoot International School. Among the nearest schools and universities in Dubai are Jebel Ali School and University of Wollongong, and in Abu Dhabi—British International School and New York University.

For shopping enthusiasts, the area has the Ghantoot Shopping Mall, which houses stores of well-known international brands, restaurants with international cuisine, and entertainment venues. Dubai Marina Mall and YAS Mall are accessible within 30-35 minutes.

Ghantoot — Location

The Ghantoot area has features that make it attractive for real estate investment, including its location on the shores of the Persian Gulf and proximity to a nature reserve, which maintains ecological purity and offers many opportunities for outdoor recreation.

The transportation system in the area is well-developed, providing convenient connections to other areas and neighboring cities—Dubai and Abu Dhabi. Ghantoot borders the areas of Jebel Ali and Al Samha.

Travel time to Dubai International Airport (DXB) is about 45 minutes, and to Abu Dhabi International Airport (AUH) is approximately 30 minutes. Downtown Dubai and Burj Khalifa can be reached within 35-40 minutes, and Saadiyat Island in Abu Dhabi is about 40 minutes away.