Miscellaneous

Published on May 13th, 2019 | by Bibhuranjan

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Areas with top off plan projects in Dubai

Since the government of Dubai launched freehold property areas about fifteen years ago, the city has seen incredible and unbelievable real estate projects. Also, the establishment of freehold property areas has necessitated the growth of the off-plan market. Due to a large number of off-plan properties in Dubai at different locations, sometimes it gets confusing when deciding where to invest.

Here are the top three areas to invest in the off-plan market

  • Jumeirah

In under two years, the Jumeirah area has become of the most sought after areas in Dubai. This area features some of the most high profile properties with state of the art amenities. Most of these apartments offer fantastic views of the calm waters, beaches and top quality hotels and resorts. In addition, these apartments are not only lovely and luxurious but are in high demand too. Since the first properties were handed over in 2006, the area still remains to be a hotbed of real estate investment.

Most of the properties feature private access to the beach. On top of that, the neighbourhood is self-sufficient with all the necessary facilities such as hospitals, supermarkets, restaurants, banks and more. It is also located close to some of the major business hubs such as Dubai Marina and Dubai Media City.

  • Bluewaters Island

Meraas Properties is one of the biggest real estate developers in Dubai. Their latest project, Bluewaters Residences, which are almost finished and expected to be completed by the last quarter of 2019 or early 2020. This unmistakable man-made island is just 300m off the Jumeirah coastline.

Unfortunately, the Jumeirah area is notorious for traffic jams especially in peak hours. However, one of the most prominent features of the island is the efficient transportation system. Residents will be able to bypass the traffic by connecting directly to the Sheikh Zayed Road. Also, the island will be served by the Group Rapid Transit (GRT) service that will involve a driverless vehicle system.

  • Dubai Creek Harbour

Dubai Creek Harbour is an upcoming neighbourhood in Dubai. It is placed on the banks of the Dubai Creek in a strategic location overlooking the charming skyline of Dubai. The harbour developed by Emaar Properties features a variety of off-plan properties. Innovative design and exquisite planning make the Dubai Creek Harbour one of the most prestigious districts in Dubai.

Conclusion

Dubai is one of the prominent places for real estate investment. Now even expats also buy a property here in Dubai and the government also passed a law that an expat can also get a residential visa if he/she buys a property in Dubai. So this article list down the prominent freehold areas where you can invest in.

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About the Author

Bibhuranjan

Editorial Officer, technofaq.org I'm an avid tech journalist and enthusiast at heart. I like to mug up on new and exciting developments on science and tech and have a deep love for PC gaming. Other hobbies include writing blog posts, music and DIY projects.



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