Real Estate

LIST OF NEW PROPERTIES IN DUBAI

LIST OF NEW PROPERTIES IN DUBAI

The UAE has emerged as the wealthiest country in the Middle East, with Dubai the richest city, according to latest news.

But before knowing why to invest in Dubai Properties lets understand how dubai has become so rich within these few decades.

There is a widespread myth that Dubai generates a lot of its revenues by trading Oil but in reality it generates just 1% of its revenue from trading of oil.

Then what makes Dubai so Rich?

The answer to this question lies with the visionary leader of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. Who has transformed the Oil based economy into a tourism based economy. Dubai has been shaped into a global city, home to the worlds’ tallest building, busiest airport, leading international airline, largest man made harbour etc etc etc. The emirates main focus is on diversifying its economy.

According to a report of Arabian Business. The real estate market of Dubai is attracting a new bunch of investors. In March 2021, a total of 6,590 real estate transactions were recorded which was the second highest number of real estate transactions since February 2017.

Despite the continued economic uncertainty caused by the coronavirus pandemic. Demand for luxury properties in Dubai is increasing according to George Azar, CEO of Luxhabitat Sotheby’s.

During this pandemic it was observed that the population of Dubai and Abu Dhabi declined by 5%. During this time the existing vacant properties and the growing supply of new properties both put a lot of pressure on the property prices. This resulted in the prices getting lowered in 2020. It is estimated that the population will come back to its normal size in 2022. Which might be the point when the prices may gain traction again. So it may be the correct time to invest now if you think that you are getting the lowest price now.

Here is the list of new properties in Dubai 

If you’re looking to buy an off-plan property in Dubai, we can assist you with your search by providing a new property guide. You may quickly search for your selected property by area, developer name, property type, location map, completion percentage, and handover date.

  1. Waves Residence project 

Danube Properties is rolling out a new residential plan in Dubai, United Arab Emirates.  The project will feature two massive buildings, Wing A and Wing B.  This is the township’s first residential project to incorporate high-end retail establishments, restaurants, flower shops, a laundry service, cafes, and a hypermarket. Apartments in Wavez Residence start at AED 345000 and go up from there. The project will be ready to move into in the first quarter of 2021.

Since its inception in 1993, Dubai’s “Danube Properties” has been one of the most reliable developers. Dubai International Airport, Shangri La Hotel, Burj Khalifa, Burj Al Arab, and Grand Hyatt are just a few of Danube Developers’ notable projects in the Middle East. Lawn Apartments, Bayz Apartments, Elz Residence, Danube Jewelz, Glamz Residence, and Danube Waves are among Danube’s most popular developments. Danube’s work is admired in the Middle East, the region, and around the world. They’ve also expanded to become the world’s largest building materials company, with a global network of 40 branches.

  1. Seagull point project 

Meydan & Shobha Group is thrilled to confirm the inauguration of “Seagull Point,” a new seaside apartment building in Mohammed Bin Rashid City’s District One Meydan. Meydan Group intends to increase its range of exquisite projects. It is One is one of Dubai’s most upscale neighborhoods, with towers ranging from 5 to 16 stories and 25 million square feet of open green space. Seagull Point’s apartments offer stunning views of the surrounding area. 

Like Its neighbouring Meydan District one Skyscrapers, Meydan seagull point is a family Oriented development. choose from one-bedroom, two-bedroom or three-bedroom Apartment with views of the 7-kilometre man-made crystal lagoon. District one of seagull Point is another gateway to a very unique setting. Seagull point is the 11th level of a 15-story building featuring 1 to 3 bedroom apartments on each floor.

  1. Samana Enclave project 

Samana Developers is coming out with a new program entitled Samana Enclave. In Arjan Community, this upcoming expansion will have spacious residential units. Arjan Community is a mixed-use development in Dubailand, just north of the city’s geographic center. Such as Jumeirah Village Circle, Arabian Ranches, Sports City, and Dubai Hills Estate. It is full of cultural and inspirational attractions for both locals and visitors. 

  1. Samana Hills project 

Samana Hills, a premium residential development by Samana Properties, has now become open. Following the huge success of Samana Greens, the developer has developed another masterpiece. Thats in Al Barsha South, next to Samana Greens.  It will serve as an example of a stunning property by showcasing trendy homes with exquisite interiors and exteriors. It is being built on 3.30 acres of ground next to the well-known Dubai Hills Estate and is just a short drive from several attractions, beaches, and business sectors. Residential apartments range in price from AED 399,000 to AED 599000, depending on the layout plan.   

  1. Sur La Mer

Meraas Holdings has announced the release of “Sur La Mer,” a residential development property in Dubai’s famed waterfront destination. This townhouse development is located at the heart of the Mediterranean. Directly on the beachfront of La Mer (by Meraas Holdings). The waterfront district of Dubai, formerly known as Jumeirah Public Beach, is home to La Mer Dubai. This community is Jumeirah1’s first freehold residential destination. As it takes shape at one of the most well-known property areas, it will undoubtedly attract millions of tourists. The price of these elegant townhouses starts at AED 4,309,000. The expected date of completion is in the third quarter of 2021.

   CONCLUSION

 This is the list of new properties in Dubai, which is going to establish its new property Projects in Dubai, with some exceptionally good offers and facilities which you must’ve to Check before going to purchase an apartment in Dubai. These properties consist of all the Necessary facilities which you are going to like anyways. Zazen offers Apartments for sale in Jumeirah Village Triangle for you to choose from when in Dubai.

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