Top 3 Developing Areas in Dubai: Buying Property

9:36 pm  |  08.09.2023

Dubai is expanding every year. There are regular new areas and residential complexes that attract tourists and expats with unique architecture, developed infrastructure, and comfortable conditions.

Developer Al Habtoor Group plans to release 3 mega-projects worth $2.6 billion in 2023, while Samana Developers plans to release 12 premium projects worth $680 million.

Many people are afraid to buy property in developing areas because they do not see the end result.

Arjan

For lovers of active lifestyles, there is a golf course and a karting track.

A new prestigious district that belongs to the Dubailand community. You can enjoy privacy and tranquility away from the city noise while reaching the city center and key facilities within 15 15-minute drive.

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Buying a property in Arjan is an excellent option for those who are looking for a place for a comfortable life in a city with highly profitable prospects:

  • Families with children;
  • Lovers of nature and quiet life;
  • Investors.

Real estate here is more affordable than in less remote areas, but not inferior in quality and living conditions. It is dominated by small and medium-sized houses, each of which has a modern design. The living rooms are spacious, they have plenty of sunlight, and the interior and layout are comfortable and refined.

Infrastructure

Arjan is an ecologically clean area with an abundance of green spaces. In addition to parks for walking, there is the Dubai Miracle Garden with a huge flower garden, walking paths, and installations. There is also a butterfly garden with rare insect species.

There are shops, cafes and restaurants, sports clubs, gyms, tennis courts and swimming pools. Hospitals, pharmacies, schools, and kindergartens are within walking distance.

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Real Estate

Arjan offers a wide range of premium villas and apartments with 1, 2, and 3 bedrooms. The windows offer a beautiful cityscape, the rooms are spacious and bright.

Real estate in this area has developed infrastructure, a convenient location, and a reasonable price, for example, in the Jewelz residential complex you can buy apartments for $108,950.

Demand and prices for housing in Arjan are actively growing, thanks to which you can get a high return on your investment. The average profitability of housing in this area is 6% per year.

Town Square

For those who love noisy life in full swing, it is still better to take a closer look at the busier areas.

Large-scale residential complex of 3,000,000 m2 from the developer Nshama. Its construction is planned to be completed by 2025. By this point, the area will turn into a real mini-city.

Town Square is built away from the bustle of the city, but you can easily reach any area from it. It is therefore ideal for anyone who wants to live in comfort and tranquility but is still close to the city’s main attractions.

Life in Town Square is calm and suitable:

  • Connoisseurs of comfort and silence;
  • Family people;
  • Pet owners;
  • For lovers of active sports.

Infrastructure

The green area is filled with numerous squares, trees, and plants. It boasts of the large Town Square Recreational Park which is an excellent place for exploration and fun activities. It features a Splash Pad water park, a carousel, a children’s train, and a fountain. Additionally, there is a Dog Park nearby for walking pets.

Conditions have been created for playing football, tennis, basketball, running, swimming, and skateboarding.

There are schools kindergartens, and large medical centers. Restaurants, fast food chains, and coffee shops are open.

A large shopping complex, Town Square Park, was also built here, which offers a wide range of goods and services, including supermarkets, cafes, boutiques, cinemas, and other entertainment.

Real Estate

Affordable real estate prices here are lower than in the central regions of Dubai. Thanks to this, you can purchase prestigious housing at a reasonable price.

For instance, if you are looking for a townhouse with three bedrooms located in Dubai Marina, the estimated cost would be around $1,200,000.

Town Square offers a wide range of residential units, from cozy studios to luxury apartments, townhouses, and 5-7 bedroom villas.

Commercial real estate is also available for sale, making the area an attractive place for entrepreneurs. High tourist traffic also contributes to successful business.

Although the area is not yet completed, it is considered a promising project. There is everything for a comfortable life – swimming pools, a gym, children’s play areas, and much more.

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The Hayat Boulevard residential complex offers a starting housing price of $115,312 with a 9.5% return on investment in Town Square.

Dubai Hills Estate

The second important attraction is the Dubai Hills Golf Club with a course that stretches over 1,200,000 m2 and offers a magnificent view of the Burj Khalifa skyscraper.

A new area 10 minutes drive from the center of Dubai, which is being developed by two companies – Emaar Properties and Meraas Holding. This is the first phase of construction of the MBR City area, the so-called “city within a city”. Its area is more than 11,000,000 m2, which is comparable in size to 200 football fields.

A significant part of the territory is given over to landscaping – parks, gardens, open areas.

Dubai Hills is divided into 3 zones: villas, mid-rise residential complexes, and premium townhouses.

This makes it suitable for everyone:

  • Families with children;
  • Free people who like to meet with friends;
  • Lovers of active recreation;
  • Businessmen.

Infrastructure

Dubai Hills has 4 schools, and kindergartens, as well as playgrounds, a skate park, and many other facilities for an interesting pastime.

For active walks, there is a 54-kilometer-long cycling and walking path. A tennis academy with different types of courts is under construction.

One of the iconic places in the area is the recently opened two-level shopping complex Dubai Hills Mall. There is a hypermarket with an area of more than 6,000 m2. There are also plans to open almost 700 restaurants and retail outlets.

Real Estate

You can buy any property here: apartments, houses, hotels, commerce. The investment attractiveness is increased by the presence of a golf course, as well as almost 100 units of luxury villas located around it.

The return on investment in Dubai Hills is about 6% per year. In the residential complex Prive Residences you can buy real estate for $200,880.

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