In the world of real estate, Dubai occupies one of the leading positions, adhering to an innovative and progressive approach. It is interesting to consider the changes that will impact the market in the coming years.
The largest developers in Dubai prefer comprehensive development of the territory to single-site projects so that all human needs are satisfied within walking distance. Along with houses, the entire infrastructure with parks, schools, services, and malls is being created. Community of residents with the same values – a dream brought into reality. In such an environment, people can find friends with similar interests very quickly which helps establish partnerships and build strong businesses.
While the whole world is characterized by turbulence, the UAE can be called a haven for investors. The market is still on the rise and investors are very active, especially in the premium real estate segment. On average, such objects grow by 5-20% per year.
Investors are attracted by the transparency of the market, the simplicity and speed of real estate transactions, and other privileges. For example, Dubai has comfortable tax conditions for business. You can open an office in the fashionable Business Bay area and live next door in one of the 52-story Peninsula Four The Plaza skyscrapers. The predictability and liquidity of the Dubai market are now a major magnet for investors.
Everyone who has been to Dubai recently seems to be entering the world of the future. The city has made an incredible leap in previous years. The digitalization of life in Dubai is going in all directions. At the same time, about 100 innovative initiatives are being implemented and about 1,000 government services are being transformed into smart services.
Dubai already has metaverses for receiving government services, accessible Internet in public spaces, interactive entertainment, and electronic menus in restaurants.
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All initiatives are implemented very quickly while citizens immediately take advantage of smart opportunities.
Dubai is spearheading green building standards. The city’s municipality is dedicated to creating environmentally sustainable structures equipped with technologies aligned with ESG principles, applicable to both residential and commercial properties.
More and more investors are attracted by the tranquil lifestyle, slightly removed from the bustle of the city, which they can enjoy within the confines of their property. This is leading to a flourishing of low-rise developments with villas and townhouses in the vicinity of Dubai. Particular attention is paid to villas with 4-5-6 bedrooms that can accommodate several generations of a family at the same time.
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The return on investment in such projects significantly exceeds the average market level and reaches approximately 20% when entering the early stages.
One of the most famous low-rise areas is the Arabian ranches, which are often called an “oasis in the desert.” Living here is a pleasure, as the entire area is decorated in Andalusian style with oriental motifs.
This aspect is especially valuable when just a few minutes ago you were in the city of the future, you could enjoy a walk surrounded by the melodious chirping of birds.
