Dubai has always been a hub of innovation and growth, and as the world’s attention turns towards the city in the run-up to Expo 2020, it’s clear that this trend is set to continue. If you’re considering investing in Dubai, it’s important to be aware of the emerging areas that are likely to drive the […]
Dubai Creek Harbour is a large-scale, mixed-use development located along the Dubai Creek waterfront in Dubai, United Arab Emirates. The project is being developed by Emaar Properties, one of the largest real estate developers in the Middle East.
The development covers an area of 6 square kilometers and is designed to be a self-contained city within Dubai, with a population of over 200,000 people. The master plan for Dubai Creek Harbour includes residential buildings, commercial spaces, hospitality offerings, retail outlets, and public amenities.
Many of our international clients and investors at Reatly HOMIST are hesitant about investment in Dubai. Herein we have tried to give you informative reasonings why you may consider buying property in Dubai: Strong economy: Dubai has a strong and stable economy, driven by sectors such as real estate, tourism, and financial services.
Tax benefits: Dubai has a tax-free environment, meaning you don’t have to pay any income tax, property tax, or capital gains tax on your property investments.
High rental yields: Rental yields in Dubai can be as high as 7-8%, making it an attractive investment opportunity for those looking for rental income.
Growing population: Dubai’s population has been steadily increasing over the years, which has led to a growing demand for housing.
Strategic location: Dubai is strategically located between Europe, Asia, and Africa, making it an ideal location for business and trade.
Infrastructure development: Dubai has invested heavily in infrastructure development, including the construction of the world’s largest airport and the expansion of its transportation network.
Lifestyle: Dubai offers a high standard of living, with world-class amenities and attractions such as luxury shopping, fine dining, and cultural experiences.
Return on investment: Property prices in Dubai have been steadily increasing over the years, providing investors with attractive returns on their investment.
Property management in Dubai is a growing industry that involves managing various types of properties, such as residential and commercial properties, to ensure their maintenance, upkeep, and efficient operation. Property management companies in Dubai offer a wide range of services to property owners, including rent collection, tenant screening, property maintenance, lease management, and more.
As a professional team of consultant, Homist advices following trends to happen in 2023 in Dubai property market: Continued demand for affordable housing: Dubai has seen an increasing demand for affordable housing in recent years, and this trend is expected to continue in 2023. Developers are likely to focus on building more affordable apartments and townhouses to meet this demand.
Growth of smart homes: With the increasing use of technology, the trend towards smart homes is expected to grow in Dubai in 2023. More developers are likely to incorporate smart home features such as voice-activated assistants, smart thermostats, and remote-controlled lighting.
Sustainable design and construction: Sustainability is becoming an increasingly important consideration in property development, and this trend is expected to continue in Dubai in 2023. Developers are likely to focus on incorporating sustainable materials, energy-efficient technologies, and green spaces in their projects.
Greater focus on wellness amenities: Wellness amenities such as gyms, spas, and yoga studios are becoming increasingly popular among property buyers in Dubai. In 2023, developers are likely to focus on providing these amenities in their projects to cater to this demand.
Rise of co-living spaces: Co-living spaces, which provide communal living arrangements for young professionals and students, are becoming more popular in Dubai. Developers are likely to focus on building more co-living spaces in the city to cater to this growing market.