Emaar Properties recently announced that a new real estate investment opportunity is up for grabs. The newly added Dubai Hills Estate has brought in a wide number of luxury and mid-range villas, apartments and townhouses and will soon have a mall as well. Dubai Hills Mall reportedly has completed 60% of its construction is scheduled to open soon enough. This 2M sq.m. the mall is set to be a great center for retail brands and will feature more than 650 outlets, restaurants, an 18-screen movie theatre along with an 18-hole championship golf course.
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Real estate investment will be seeing another well-known developer incorporating a lagoon beach inside a modern city. Majid Al Futtaim Group had recently announced a new residential project consisting of 6,500 homes in four phases. It will also include a 2-kilometer beachside area with water body area reaching upto 70,000 square meters.
The first phase will add a total of 800 homes priced between AED 6 million to AED 16 million on built-up areas ranging from 300 to 800 sqm. Called the Tilal Al Ghaf Residences, the developer understands the market conditions and believes it will have a positive impact on projects in Dubai.
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To Invest or not to Invest- Dubai’s Dilemma in Real Estate Investing
Readers who scroll through hours upon hours seeking an answer to the dilemmas of are familiar with its challenges. The United Arab Emirates sits at the coast of the Arabian Gulf with a rich history that is interspersed with trade, oil, industry and property.
This history is surpassed by a future that promises a landscape fit for expansion and investment. But the dilemma of Dubai Real Estate Investing in this region has sparked a great deal of doubt over its feasibility. The time has come to put such matters to ease and declare the UAE as not one of the best, but ‘the best’ place to invest.
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