DUBAI WATERFRONT
An entirely new city. Twice the size of Hong Kong island
Overview
More records will continue to be broken in Dubai with the arrival of the Dubai Waterfront, another spectacular project from Nakheel properties. Yet again Nakheel will create another truly distinctive piece of real estate that will transform the Dubai coastline and bring countless more property options to the Emirate. Aimed to bring increased investment and promote long term growth in the region, The Dubai Waterfront is much more than a simple addition to Dubai's property market. Being built on Dubai's western shoreline, The Dubai Waterfront will be positioned in the middle of Dubai and neighboring Emirate Abu Dhabi, and within a very short distance from Jebel Ali Free Zone, Port and Airport. This location provides the project with unparalleled transport links, facilitating its predicted role as both a regional and international residential and commercial hot spot.Set to offer commercial and industrial areas, plus a wide array of residential freehold properties, Dubai Waterfront is expected to be called home by around 1.5 million people. Once completed, the development will extend Dubai's coastline by 12 times its current standing, some 490 miles. Set to be built in a crescent shape around the Palm Jebel Ali, it will consist of 10 main zones: The Exchange, Boulevard, Downtown, Uptown, The Peninsula, Madinat Al Arab, The Palm Boulevard, The Riviera, Courniche and Al Ras.
There will be over two hundred and fifty communities in over 100 waterfront developments here, in what is aimed at becoming Dubai's premium luxury housing region for both apartments and villas. Nakheel has placed a large emphasis on its efforts of reducing the environment impact of such a project, with water and energy conservation being paramount in the running of this huge development.
The Waterfront will feature over 42 miles of canals running throughout the development, increasing waterfront living options to an even greater extent.
Set to be several times the size of Manhattan and Beirut, Dubai Waterfront is to become the largest beachfront development in the world, and will be the largest man made development ever created. This truly is a special opportunity to invest in a groundbreaking project that will take real estate in Dubai to another level. The development will even provide its own harbor, and will feature numerous shopping and entertainment facilities along with luxury hotels. Here will be a tourist destination in its own right, and with the likes of Hydropolis, an underwater hotel there is plenty to both do and see here that isn’t on offer anywhere else in the world. The focal point of the development will be the shoreline area, Madinat Al Arab. Creating a new city area, Madinat Al Arab will have at its centre a 750 meter skyscraper called Al Burj. As one of the tallest buildings in the world, and featuring stunning design, Al Burj looks to be the perfect fit to become the developments centerpiece.
The development will feature quality and unique architecture throughout, as is no doubt set to become an icon of Dubai's continuing prosperity and evolution into one of the world's top destinations. The Dubai Waterfront has no shortage of luxury and high end property on offer; however Nakheel has also made sure as to provide affordable housing here as well, so as to accommodate all budgets and price ranges, and all with a full range of services as you would expect from Nahkeel.
With a project like the Dubai Waterfront it is hard to appreciate the full scale of what is on offer here. Whilst still in its very early stages in regards to information of the properties on offer set to based gere, what has been released has proven immensely impressive with investors. The 1st phase of Al Madinat, some 30 % of that district, with a total worth of 13 Billion AED, sold out within a matter of days. Other property released here will no doubt prove equally as popular as and when it comes onto the market, and offers a truly brilliant investment opportunity for those interested in Dubai freehold property.
1 Available Property in Dubai Waterfront
Dubai - Residential
Zero Five Zero
Dubai Waterfront | 1, 2, 3 and 4 BedsPrice from £399,800 (AED 2,930,000)
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The Egypt-based Prime Group, in its report on the Dubai property market, said that continued buoyancy is expected in prices across the board, but, on an average, these prices are more moderate than has been witnessed over the past few years. [Read More]
Latest News
Dubai | Dubai airport to dwarf others
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Dubai | Burj Dubai: World's Tallest Tower
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