Real estate has always been the cornerstone of interest for investors and homebuyers. Real estate industry has been experiencing a severe growth and development over the years. According to the research and reports , the Real Estate industry is expected to grow vividly over the world and become a hot topic for investors.
As we step into the real estate world , we tend to see the market evolving and driven by factors like Lifestyle preferences, Technological changes and advancements etc. In this blog, we'll delve into the new key trends over the years and explore the estimated growth and opportunities for investors or homebuyers.
Dubai Hills Estate, is a residential community located in the heart of Dubai and developed by Emaar Properties offering a luxurious lifestyle for buyers and renters. It offers a good range of top-notch amenities such as educational institutions, healthcare facilities, shopping centers, and restaurants, ensuring that all daily needs are within easy reach for the people living there.
Also the transportation in Dubai Hills Estate is a cherry on the cake , it is connected to major road networks which helps in making it easy to connect with the rest parts in Dubai. Dubai Hills Estate specifically from a buyer end is best for families, golf enthusiasts or maybe nature lovers. As it offers all the daily needs and serenity at the same time within easy commute.
Dubai Maritime City, is located in Dubai, United Arab Emirates developed to be a specialized hub for the maritime industry and various factors such as ship repair, shipbuilding, maritime services, and offshore support. The main aim of Dubai Maritime City is to provide a balanced ecosystem for the Maritime business and related activities.
Dubai Maritime City is easily commutable from Dubai's port and major industry which is one of the most important factors for its speedy development over the years. Dubai Maritime City is being developed across approximately 2.27 million square meters, It is offering a bunch of residential studio apartments and upscaled homes with excellent amenities and facilities.
Arabian Ranches, a residential community located in the Southern Western part of Dubai, again developed by Emaar Properties offers a traditional and contemporary contrasting the theme of Dubai Hills Estate. Arabian Ranches offer a blend of traditional and contemporary style in their properties and location.
Top notch centerpiece of attractions in Arabian Ranches is the Arabian Ranches Golf Club, Charming Architecture, Equestrian Center and Tranquil Lifestyle. Arabian Ranches is internally connected to the other parts of Dubai with an easy commute and including business district and popular attractions. Arabian Ranches offer various traditional properties with a hint of Arabian Heritage and from a buyer's end it is specifically suitable for the people who are looking forward to live their lives in serenity and far from chaos and hustling lifestyle.
Dubai's desert is a perfect blend of geographical and environmental features that contributed in making it more beautiful and appealing to people out there. Here are some key aspects of Dubai's Sand Dunes or Desert Landscape-
Golden Sands -
The desert sands in Dubai have a golden effect that shimmers and reflects on sunlight, creating an aesthetic visual contrast against blue skies. It not only looks picturesque but also known as a prime factor of the desert's identity.
Wildlife -
Dubai's weather could be really hot sometimes during the peak summer, despite all the challenges. Dubai's desert is home to various deserted favorable wildlife such as Arabian oryx, Gazelles, Desert foxes, and a variety of bird species. Dubai's government has implemented its strict rules and regulations to prevent them from being endangered.
Sands Dunes -
Dubai's desert is known for its mesmerizing aesthetically pleasing Sands Dunes, which is expandable in nature. These dunes often adapt different shapes, reach impressive heights and more, from crescent dunes to star dunes and more. They create a dynamic ever changing landscape which is solace to the visitor's eye.
Sunsets and Night Skies -
Dubai's desert is famous for its breathtaking sunsets and spectacular night skies. As the sun goes down the desert is fully covered in red, orange, and pink creating the most soothing atmosphere to enjoy a sunset. Dubai is known as a perfect place for stargazing. Lack of pollution in the desert makes it an ideal location for spending your night gazing at stars and the moon.
Rise of luxury real estate in Dubai has been a remarkable journey throughout, it has transformed into a global hub for high end living. Overview of the factors contributing to the rise of luxury real estate in Dubai -
Economic Development :
Dubai's economic development and overall growth has attracted individuals and investors across the globe. This city has a family friendly environment and also it is a hub for international business and more. These things are the prime reason for the development in Dubai.
Cultural Diversity and Tourism :
Dubai's encouraging nature of adapting different cultures and communities is another prime reason why people choose Dubai over other countries. Luxury real estate developers often cater people needs on a property with various ranges of architectural style and culture diversity. Likewise, the tourism industry of Dubai is driving the demand for luxury accommodation. People are considering Dubai's luxury properties as their second homes or investment.
Some major attractions of Dubai are the prime reason for the overall development of Dubai's tourism and economy. Some of them are
Palm Jumeirah -
It is often referred as the 'Eighth Wonder of the World', Palm Jumeirah is a man-made island having luxurious apartments, residential properties, hotels, resorts, spas, dining hubs and more. It offers breathtaking views of Arabian Gulf from their properties. Also, it is a home to some of the most luxurious properties of Dubai.
Emirates Hills -
Emirates Hills is an exclusive residential property in Dubai often known as 'Beverly Hills of Dubai'. It offers lavish villas and apartments with breathtaking views set around the golf course providing all luxury facilities and amenities having access to privacy at the same time.
Return of Investment (ROI) is one of the most prime factors in terms of choosing property as investment. ROI generally refers to the profit made from real estate excluding the amount or expenditure of the investment, it generally includes purchase price or any additional cost related to maintenance or renovation. According to the market experts and real estate researchers, the average Return of Investment in Dubai for residential properties varies approximately between 5-7 and 7-9%.
Future Prospects in Dubai which could be seen in upcoming decades are Sustainability Initiatives, Dubai government is increasing its focus on sustainable development. The future real estate projects are likely to be filled with eco-friendly features.
Another thing Affordable Housing, Dubai's government is addressing on the issue of affordable housing, specifically for the mid range and affordable housing segment for homebuyers. Dubai Real Estate Market is attracting international attraction of investors and homebuyers across the globe. Dubai is likely to establish itself as a global investment hub of business in upcoming decades.
Purchasing real estate in Dubai requires a well planned structured process to ensure a smooth and hurdle less handover of the property. Here is a step by step guide -
This is a rough major step by step guide, for more accurate information or numbers you can consult a professional real estate consultant or agent.
We have discussed some luxury real estate located amidst Dubai's sand dunes followed by some geographical and environmental features of Dubai's sand dunes. We also discussed reason for the rise of Luxury Real estate and prime reasons for the iconic developments in Dubai. Considering the above informations and details the heading of the blog is justified at an extent. We hope it helps to whosoever reading.
For more you can go through Dubai Housing.
An average budget of buying a villa in Dubai Sports City would be 60,000,000 - 100,000,000 in (INR) and in (AED) it would be 3 million - 5 million AED. It is not a precise amount, it is just an approximate budget calculated on the basis of research by real estate consultants or professionals as per market standards.
An average budget of buying a villa in Dubai Sports City would be 8,000,000 - 100,000,000 in (INR) and in (AED) it would be 400,000 - 5 Million. It is not a precise amount, it is just an approximate budget calculated on the basis of research by real estate consultants or professionals as per market standards.
