According to research and estimates, the real estate industry is expected to grow vividly over the next decades and be a popular investment topic for investors and homebuyers for their matter of growth, development and opportunities.
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.
The Real Estate industry of Dubai 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 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. 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 of investment on your property in Dubai Maritime City would be higher as compared to others. Return on Investment (ROI) is one of the most prime factors in terms of choosing the property as an 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%, and an average budget to buy a townhouse or villa in Dubai Sports City would look like :
Dubai Maritime City drew 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 a 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.
APPROXIMATELY BUDGET NEEDED TO BUY/RENT IN DUBAI MARITIME CITY
| SNO | PURPOSE | BUDGET (INR) | BUDGET (AED) |
| 1 | BUYING | 60,000,000 - 100,000,000 | 3 Million - 5 Million |
| 2 | RENTING | 1,200,000-2,000,000 | 60,000-100,000 |
Dubai Maritime City is a unique and specialized development in the United Arab Emirates dedicated to maritime industry related activities. It's majorly and industrial area but still has some amazing things to do around the corner -
Dubai Maritime Museum -
Dubai Maritime City has a specifically dedicated Maritime Museum within Dubai Maritime City. It talks alot about the history and heritage of maritime industry in Dubai. The museum covers various vast concepts such as maritime history specifically at prior, including shipbuilding, navigation, exploration, trade, and more. These museums are fit for educational and knowledgeable day round trips for kids and aspiring talents.
Maritime Workshops and Events -
Dubai Maritime City is specifically engaging in maritime industry stuff lately with all dedication and power. It often organizes workshops and events with good pace to keep the kids and aspiring talents updated. They include topics such as maritime technology, innovation, sustainability and more. You can attend one of these workshops in order to know about the maritime industry in depth.
Enjoy 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.
Offshore Exploration and Activities -
Offshore Activities generally include the exploration and extraction of oil and gas beneath from the seal floor. They often conduct surveys, drills, workshops, training and more. School and colleges generally prefer Dubai Maritime City for the offshore Exploration and Activities as their educational purpose trip for childrens. Families also come and enjoy the richness of the maritime industry.
Outdoor Seating Spaces -
Dubai Maritime City is not only famous for its growing maritime industry but also for its luxury aesthetics. Dubai Maritime City is filled with water, boats and seas aesthetics all around, so do the cafes too. Majorly popular dining hubs and cafes have open seating spaces with picture views. Residents, visitors or natives can come and enjoy their personal or family time in a comfortable and serene ambiance.
Waterfront Entertainment -
Waterfront Entertainment generally refers to the area which hosts musical, cultural, and entertainment events to compliment the dining experience or get along with the audience. You can enjoy such breathtaking waterfront entertainment at Dubai Maritime City. Some of the majorly popular are
We discussed the detailed introduction of Dubai Maritime City and some must-do things within Dubai Maritime City during your staycation with your friends or family. Hope it was informative to you and helps you out in planning.
For more information and projects you can go through our website https://www.dubaihousing-ae.com/. Our website will guide you about the ongoing projects there with their in-depth information.
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 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.
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%.
Yes apparently, as we discussed above Dubai Maritime City has some of the majorly popular well known entertaining yet knowledgeable places.We can know a lot more about Maritime Industry. It is equally fun and knowledgeable for childrens and families.
