Dubai a hotspot for off-plan real estate investments
Dubai has become a hotspot for off-plan real estate investments due to its rapid development, world-class infrastructure, and investor-friendly environment. Off plan properties in Dubai cover a wide range of properties, from affordable homes to ultra-luxury developments. Here are some of the top off-plan real estate projects in Dubai as of 2024:
1. Emaar Beachfront (Dubai Harbour)
- Developer: Emaar Properties
- Location: Between Palm Jumeirah and Jumeirah Beach Residence (JBR)
- Project Overview: Emaar Beachfront is a luxurious waterfront community offering a range of high-end apartments. Each building has access to a private beach, and the development offers panoramic views of the Arabian Gulf, Dubai Marina, and Palm Jumeirah.
- Notable Projects: Beach Vista, Sunrise Bay, Grand Bleu Tower by Elie Saab.
- Completion: Phased, 2023-2025.
2. Dubai Creek Harbour
- Developer: Emaar Properties
- Location: On the banks of the Dubai Creek, near the Ras Al Khor Wildlife Sanctuary
- Project Overview: Dubai Creek Harbour is a large-scale mixed-use development. Home to the upcoming Dubai Creek Tower, which is expected to surpass Burj Khalifa in height, this waterfront destination offers luxury apartments with waterfront and skyline views.
- Notable Projects: Creek Palace, Creek Horizon, The Cove, Harbour Views.
- Completion: Phased, 2023-2026.
3. Sobha Hartland
- Developer: Sobha Realty
- Location: Mohammed Bin Rashid City (MBR City)
- Project Overview: Sobha Hartland is a premium residential community located along the Dubai Water Canal, featuring villas, townhouses, and apartments. The community is known for its greenery, with 30% of the area dedicated to open spaces.
- Notable Projects: Sobha Hartland Greens, Hartland Waves, Sobha Creek Vistas.
- Completion: Phased, 2023-2025.
4. Meydan One
- Developer: Meydan Group
- Location: Near Dubai Downtown and Business Bay
- Project Overview: Meydan One is a mixed-use development that aims to become a central leisure, commercial, and residential hub in Dubai. The community will house Meydan One Mall, the world’s largest indoor ski slope, and a range of luxury and mid-range apartments.
- Notable Projects: Azizi Riviera, District One Residences.
- Completion: Phased, 2024-2026.
5. Damac Lagoons
- Developer: DAMAC Properties
- Location: Dubailand, adjacent to DAMAC Hills
- Project Overview: DAMAC Lagoons is a unique waterfront community inspired by the Mediterranean. It features townhouses and villas, with water-themed attractions such as lagoons, sandy beaches, and recreational areas.
- Notable Projects: Santorini, Portofino, Nice, Venice clusters.
- Completion: Phased, 2023-2026.
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