Dubai has for a long time now been an investment hub for both companies and individuals looking to take advantage of the growing market and a tax-free environment. Considering the sheer volume of real estate projects built in the last 10 years it would be easy to assume that things may be starting to slow down. With a vast range of new mega-projects planned and currently underway, the reality, however, is quite the opposite.
Let’s take a look at just some of the new real estate projects currently underway by some of Dubai’s biggest developers.
Dubai Creek Harbour
Set over a land area over 6 square kilometers, Dubai Creek Harbor is a mega project that one day will become the new Downtown of Dubai. Featuring a total of nine districts Dubai Creek is a community that will be home to some of the world’s most ambitious projects.
One very ambitious project is the new world record-breaking Dubai Creek Tower. With a final height of over 1000 meters, it is set to overtake Burj Khalifa and become the world tallest structure. Featuring various observation decks offering unrivaled views of Dubai, Creek Tower is set to become the focal point of the entire community and a huge attraction for Dubai.
Along with being home to the world tallest tower, the Dubai Creek community will also feature the world’s largest shopping mall; Dubai Square. This new retail and entertainment mega project will cover 8million sq. ft. of space and provide visitors with an indoor/outdoor experience like no other.
Residential project development at Dubai Creek Harbour has so far been restricted to the Island District. Featuring a total of 27 towers this residential only community offers residents amazing views of the Dubai Skyline as well as the new Tower. The first projects sold here three years ago are expected to handover in the next 3 months with first residents moving in not long after that.
Dubai Hills Estate
Developed by two of Dubai’s biggest developers Meara’s and Emaar, Dubai Hills Estate is a new master community Located on the corner of Al Khail and Umm Suqeim Rd.
Set on prime land spanning over 11 million square meters once completed the Dubai Hills Community will be home to over 30,000 residences, 3 schools, a high-end mall and over 1.4 square kilometers of open space.
Residential properties available at Dubai Hills Estate include apartments, townhouses, and luxury villas. With construction starting over 2 years ago some of the very first projects released are expected to be handed over in the next 6 months.
Outside of residential type projects Dubai Hills will also include a new mall, a host of high-end retail outlets and also a number of 5-star hotels and serviced hotel apartment buildings. In addition, the entire Dubai Hills community will feature over one point four million square meters public open space.
In terms of buying residential property in the Dubai Hills Estate community, the opportunities are in no way limited. With such a vast range of property options and types available, Dubai Hills offers something to buyers with all tastes and budgets.
Located in between Dubai Marina and the Palm Jumeirah, Emaar Beachfront at Dubai Harbour is set to become Dubai’s most exclusive beachfront community.
Featuring the best of urban living in a truly beachfront setting, Emaar Beachfront delivers the best of both worlds all at the same time. Once completed this resort-style community will feature a total of 27 buildings made up of residential apartment and hotel towers.
One of the many unique features of the Emaar Beachfront development is that all towers will have direct access to the beach as well as the new Marina. In addition, contained within the community will be over 200 retail and leisure outlets as well as one of the world’s largest cruise ship terminals.
Apartment types available at the Beachfront development will include a range of luxury 1,2,3 and 4 bedroom options. All apartments at the will come with high-end modern finishing along with floor-to-ceiling windows capturing the simply amazing views on offer. The scheduled completion date for the entire projects is 2024.