Everywhere around the world, the waterfront properties make for an attractive and much desirable piece of real estate and they’re often linked to style and luxury. If you talk specifically about Dubai, the Emirate has come up with so many such developments over the years and their location close to a lake or marina makes them the most desirable ones around. And, with a host of waterfront properties available, the Emirate really has turned into one of the most sought after destinations around for the investors as well.
The research suggests that the key waterfront developments usually have a 60% greater price range in comparison to the inland properties, and Dubai also continues with the trend. So, if the investors, as well as the occupiers, are ready to pay a bit higher to enjoy amazing views from their property, Dubai will never disappoint them at all.
There are a few reasons why these properties are more popular than rest and here we have listed a few things that make them the most appealing.
- The View
A major draw towards any waterfront property, in any part of the world, is the beautiful views they have to offer. The hotels or residential buildings that are located close to lakes, marinas and oceans always attract tourists for the picturesque views of the surroundings. Such real estate properties are, especially, popular across Dubai because of the unique skyline of the Emirate and they can really result in bigger gains as far as value for the investors is concerned.
The properties around Dubai Marina, the area which receives the highest demand for hotel and resort facilities in Dubai, are extremely popular among the tourists, expats and investors. And, this trend is there to continue in years to come. Investing in such properties can bring solid capital growth as the rental yields continue to grow.
It’s been a few years now since Dubai Marina has topped the rankings in most attractive waterfront properties around in Dubai. That’s certainly a big achievement and the investors should definitely consider putting their investments here. The community offers everything from beaches, entertainment, business centers, gorgeous views, hip nightlife and some stylish pads.
- It’s Quiet & Clean
Another important aspect that goes in favor of the waterfront properties is that they’re usually built in scene, calm, quiet and clean environments. The same stands true for most of the waterfront properties in Dubai as they are located a bit away from the busiest areas in the city.
Dubai Marina, the home to Jumeirah Beach Residence, and other similar areas attract occupiers who are ready to pay a higher amount for additional peace, style, sophistication, and quiet. So, that means investors are really up for higher returns should they opt to invest in these locations.
Silence really makes for the recent trend for luxury resorts and it really makes sense considering the noise complaints received regularly from the guests of top hotels. With technology taking over our lives, more and more people are looking forward to escaping their busy routines and catch a few moments of calm and tranquility.
Residents always prefer to enjoy their weekends and some downtime every day after work. What this means is that the places offering beautiful beaches, watersports, retail therapy and plenty of restaurants are going to attract more people. That’s what you get with waterfront properties in Dubai.
Generally, the waterfront properties have been surrounded by restaurants, hotels, cafes, shops, spas, buzzing nightlife opportunities and some family attractions that would make life easy and enjoyable. So, everyone can have something for them here and as Dubai is known for its entertainment and relaxing opportunities, you can certainly expect a bit more here from waterfront developments.
These developments are also located close to places that are considered essential for the residents as well as tourists such as pharmacies, supermarkets, salons, malls, and dry cleaners. So, everyone can expect great value by choosing to live in any of these properties.
As far as Dubai is concerned, the Tram service is expected to connect the Marina well with the rest of the city. And, that’s actually going to make the demand higher in the surrounding areas as well.
So, with such a huge chunk of amenities and features on offer at waterfront properties in Dubai, the investment here is certainly worthwhile. As a seasoned investor, you must give it a thought.
Khalil ur Rehman is a proud born and raised in Abbottabad. Khalil has worked as a journalist for nearly a decade having contributed to several large publications including the Yahoo News and The Verge. As a journalist for The Hear Up, Khalil covers climate and science news. [email protected]
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Umar Nisar was born and raised in the busy city of Abbottabad. As a journalist, Umar Nisar has contributed to many online publications including PAK Today and the Huffing Post. In regards to academics, Umar Nisar earned a degree in business from the Abbottabad UST, Havelian. Umar Nisar follows the money and covers all aspects of emerging tech here at The Hear Up.