Dubai has been a center of attraction for the worth it holds, one of the most evolving and highly maintained city-state in the United Arab Emirates (UAE). The real estate industry there has been experiencing severe growth and development over the years. Dubai Maritime City located in Dubai leading with a vision by Sheikh Mohammed Bin Rashid Al Maktoum, Developed by DP World.
This project is expanded over 249 hectares and is strategically located between Port Rashid and Dubai's Drydocks World. It offers residential properties with spacious and luxury Townhouses and Villas. They aim to create a destination that is maritime-centric and residential yet commercial communities with all the amenities and facilities available related to leisure, fun and growth.
Their aim is to create "Dubai Maritime City" as a perfect leisure destination with maritime centric themes and facilities.
Dubai Maritime City is dedicated to developing as a world-leading maritime-oriented center that will promote the maritime industry and community across the globe.
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 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. According to research and real estate professional consultants, it is stated that this is estimated to become UAE'S Major center in the future. Also, the return on investment on your property in Dubai Maritime City would be higher as compared to others.
Dubai Maritime City drew the attention of investors, homebuyers, and even domestic and foreign developers across the globe by setting a bar of providing top-notch quality, facilities, and amenities with cheaper rates as compared to the current market standards. Dubai Maritime City is maritime focused development project touching heights and going above the belt day by day. It also consists of some special zones including industrial areas, commercial areas, and residential spaces, all designed to fulfill the specific needs of the maritime sector.
Considering the detailed introduction of Dubai Maritime City we can consider Dubai Maritime City as a good place to live as the environment here is family - friendly and top notch facilities and amenities are also available. Investors and homebuyers have been interested in Dubai Maritime City from the day one for their growth, development and opportunities in the Maritime industry or community.
Dubai Maritime City has been experiencing severe growth and development over the years over maritime industry and import export businesses. According to the research and reports , Dubai Maritime City is expected to grow vividly over the world and become a hot topic for investors. As we step in Dubai Maritime City, we tend to see the market evolving and driving by factors like Lifestyle preferences, Technological changes, Growing Maritime Industry and Advancements etc.
Investing in Dubai Maritime City could be a fruitful return to the investors or the aspiring talents there who want to choose their career in maritime industry in upcoming years. It provides an entire infrastructure that includes shiplifts, workshops, warehouses, shops, showrooms and offices. Dubai Maritime City is one of the leading and evolving properties in Dubai. We can expect a good amount of ROI according to the market experts and real estate researchers.
We have discussed the detailed introduction and some basic overview of Dubai Maritime City. We'll go through some prime points which contributes in making Dubai Maritime City a good place to live -
Growing Maritime Sector -
Out of so many, one other important aspect of living in Dubai Maritime City is the diversification of the economy. Dubai Maritime City contributes to the United Arab Emirates economy by its growing and evolving maritime industry or sector. This helps in reducing the dependency on one particular sector or industry such as oil related industries which is very beneficial for the residents there in the long run. It helps in maintaining economic stability.
Sustainable Economy -
Dubai Maritime City has been planned and developed strategically to enhance the Maritime Industry or Community there, it is located near the major prime 'Port Rashid' majorly used for import - export purposes which is adjacent to Dubai Maritime City. It was the first commercial port in Dubai. Dubai Maritime City is focussing on maritime industry to cut off the dependency on single industry which contributes in making the economy of Dubai sustainable.
Career opportunities in Maritime Industry -
Dubai has a skilled and trained workforce with extreme experience and knowledge in Maritime Industry and more. Dubai Maritime Industry is estimated to become a Maritime Hub in near future. It encourages people and aspiring talents to learn and practice in the maritime industry from depth. Starting from shipbuilding and naval architecture to maritime law and logistics to more.
Free Zone Incentives -
Dubai Maritime City offers a bunch of benefits to investors or homebuyers. One of them is Free Zone Incentives, Free Zone is simply referred to the areas within the United Arab Emirates (UAE) that provide a business-friendly environment with special regulations and incentives to attract foreign investment and promote economic growth at prior. This often results in attracting the major retailers and traders. Companies or owners within the free zone are free from customs duties on imports and exports, this helps in reducing the operational cost and make import and export easy and commutable.
Serene Beauty -
One of the most attractive aspects of Dubai Maritime City is its sea face position as the United Arab Emirates is located on seaways of Europe, Asia and Africa. Port Rashid, the first commercial port of Dubai is also located adjacent to Dubai Maritime City which results in the attraction of business and businesses over the globe. According to the current maritime industry, Port Rashid is one of the most leading commercial ports.
One such popular project named Anwa Aria, a residential tower offers luxury studio apartments to 3 BHK in one go located at Dubai Maritime City. It's a perfect blend of urban luxury with a peaceful sea faced setting. It's a fusion of peace and luxury altogether.
Profitable Return -
Dubai Maritime City demand has been growing since day one , it is estimated to go above the bar in upcoming years because of the luxury facilities and amenities they are availing to their residents, visitors and investors too. It's a great fit to invest your fund and enjoy profitable returns later. Return on 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. Dubai Maritime City is one of the leading and evolving properties in Dubai. We can expect a good amount of ROI. 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%.
We discussed the overview and the introduction of Dubai Maritime City, Following through that we looked up the points which make Dubai Maritime City a place worth living in. Through the growing maritime industry there, Dubai Maritime City would be developed as a hub for maritime businesses and communities that offers quality living.
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As we discussed and mentioned above, Dubai Maritime City's vision is to develop a hub for the maritime business community or industry that offers professional and excellent training and high-quality living to tourists and residents. Dubai Maritime City wants to cut off the dependency on a particular sector or industry such as oil refineries. Dubai Maritime City wants to set a standard bar in the maritime industry across the globe.
As we discussed and mentioned above, Dubai Maritime City offers some key features related to return on investment which fascinates investors. Profitable return, Free Zone Incentives, Renewable Lease Terms are one such example which makes Dubai Maritime City a worthy place to invest and live in.
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.
