Chat Now! Live On Whatsapp
No Comments

Dubai mega projects

Nowadays, in our world of technologies and mega structures mega projects are taking place. The reason to such a fast progress is shift of Dubai government from oil-based economy to tourism which lead in establishment of Dubai Land which resulted in real estate boom. Construction and launch of mega projects supported economic growth of the country and established Dubai as the fastest developing city in the world, and one of the most popular tourism destination. A large number of mega projects are under construction, at the moment, taking into consideration Expo2020 preparations. Let’s take a look at some of the mega projects in details.

Museum of the Future 

“The future belongs to those who can imagine it, design it, and execute it. While others try to predict the future, we create it”. Museum of the Future will be a kind of a bridge between present and future, now and future high-tech technologies. This project aims not only to share knowledge on the future but to offer advanced courses and specialized workshops, public talks and events. It is also planned that this project will host innovation facilities and design studios with universities, companies, and research partners. The whole building will be build using 3D technologies and planned to change over time to reflect future changes.

Museum of the Future project. Picture source: Daily Mail

Aladdin City

Aladdin City project is inspired by the old tales. From the 11th century, of Aladdin and Sindbad. This project is planned to be completed in the end of 2018. This stunning project will include commercial offices together with luxurious hotels. The location of the project (Dubai Creek) will have a global cultural and historical impact and pride for generations.

The Aladdin City project. Picture source: Emirates 24/7

MBR City 

Mohammed Bin Rashid City is another one of the biggest Dubai mega projects that focuses on 4 components: theme parks, retail, art and an environment for sustainability and entrepreneurship. Mohammed Bin Rashid City project will be a home to crystal lagoon, world’s biggest mall, public beaches, world’s biggest indoor ski slope, and breathtaking architecture. This project is unique as will combine Arabic, Mediterranean, and Contemporary designs. Each area will be specifically designed to provide this feeling of uniqueness. MBR City project will also be popular among active people as it will have 9 kilometers of jogging, cycling, and walking trails. This project can be truly considered as the city within a city.

Mohammed Bin Rashid City project. Picture source: meydansobha.com

Dubai Creek Harbour 

Dubai Creek Harbour will open totally new vision of Dubai. It will have 5 major attractions, which differs Dubai Creek Harbour from other Dubai projects or places of interest. This project is situated close to Ras Al Khor Wildlife Sanctuary which will make flamingos your daily neighbors. Japanese cherry blossom will enwrap the whole neighborhood with its soft and sweet smell. Giant man-made trees will surround the area which will make you feel as if you are in a fairytale. Not to mention watery wonders, Dubai Creek Harbour will have one of the largest choreographed fountain system, in the world. But the main attraction of Dubai Creek Harbour, its zest is new the world’s tallest building. The Tower will become a spectacular centerpiece of Dubai Creek Harbour and will surpass the famous Burj Khalifa.

Dubai Creek Harbour project. Picture source: thenational.ae

Dubai, with its numerous off plan projects, is becoming more and more attractive to international investors. Now, is the right time to invest into Dubai real estate. Need help of a professional property advisor? Contact Universal Prime Real Estate at 04 277 8034 and get all needed information.

No Comments

Top 5 prime locations to invest in, in Dubai

What are the prime locations to invest in?
What are the main criteria’s when it comes to investing in property, especially in such a developed city as Dubai? Most important factors are location, community, landmarks, and developer. Also, a not less important factor is whether we want to buy a ready unit or an off-plan project? Off plan and ready unit are two different investments with different appreciation and ROI. Now, let’s concentrate on what makes us choose This prime location, and not Another location, as an investment?

Dubai prime locations to be invested in.
Dubai Marina
Dubai Marina is one of the prime locations, in Dubai. It is one of the top places investors ready to invest into.
It is rightly called a pearl of Dubai. What is so special about this area and why it is consisted as one of the prime locations, for the investment? Here, at Dubai Marina, in one of the prime locations to invest in, are the newest and most impressive buildings, attractions and places of interest. This area has easy access to the downtown and other popular places, in Dubai, which makes this prime location a good place to invest in.
Business Bay
Why choose Business Bay as a prime location to invest in? This area is developing rapidly which ensures its popularity, and affordable prices for investors. One of the main advantages of investing in Business Bay is location-right off Sheikh Zayed Road, bordering Downtown Burj Dubai area, close to DIFC and the airport. A gradual shift is expected from older business districts towards Business Bay as affordability grows and the new pipeline is delivered. In a couple of years, this area will be transformed in one of the best locations to invest in.
The Palm
The Palm, Jumeirah was originally built as an 8th wonder of the world. Created primarily as a holiday destination, the Palm has a wide array of luxury hotels, predominantly found on ‘the crescent’. Though yields from the property on the Palm Jumeirah aren’t quite as high as those found in Dubai Marina or close to the Burj Khalifa, it attracts many investors from different parts of the world, as one of the prime locations. The average rental return on all property types in the area was 5.59% in 2015. Good start for a real estate investor.
Meydan
Meydan is considered as one of the prime locations to invest in, as it is a part of Mohamed Bin Rashid City, with its tallest residential tower, longest indoor ski slopes and other world records. MBR city will become a city within a city with Meydan as a part of it. As MBR city developing under control of Sheikh Mohamed, there is no doubt it will have the best finishing. All this, together with the perfect location makes Meydan one of the prime locations for investors to consider.
JVC
Jumeirah Village Circle can be considered as one of the prime locations to invest into. JVC area develops rapidly, and consists of very attractive projects with an easy payment plan, to invest into. As JVC’s location, it is considered as one of the prime locations and strategic areas during Expo 2020. Even though this project is not well developed, yet it can be easily reached by Al Khail Road, Sheikh Zayed road, or Barsha road. With huge area and potential to grow, JVC will soon become home to Circle Mall, a number of schools and mosques.

How to choose the right location?
Best investment on earth is earth. Still thinking what location to choose for investment? Contact Universal Prime Real Estate, and we will provide you with the detailed information on Dubai real estate market and the best place to invest into.

Would like to invest in Dubai real estate property? Contact Universal Prime Real Estate and we will advise you on how to invest your money with the minimum risk and maximum benefit!

 

 

No Comments

Why to invest in Dubai property?

Why to choose Dubai as a place to settle, and buy your own property? Among the fact that Dubai is one of the world’s number one center of tourism – this city develops very fast, with a speed of light. If you haven’t been to Dubai, at least for a year, be sure to notice that the city changed drastically. Apart from the city development – real estate market, in Dubai, is one of the most attractive type of assets due to mature market, stable economy, and high earning yield.

Continue reading “Why to invest in Dubai property?” »

Chat Now for Free Consultation