Top 5 Areas to Invest in 2022

Here are the top Investment Areas for Real Estate in 2022

 

1. La Mer

 

Port de La Mer is a residential island on the coastline of Jumeirah, constructed on an expansion of the La Mer complex. It features a harbor encircled by a boardwalk and a group of low-rise apartment complexes with views of Pearl Beach.

 

Housing is located in the 'La Cote' complex, which consist of five reduced residential buildings with 408 units of one to four bedroom apartments. There is also a penthouse in each tower.

 

A total of 190 ships can be moored at the harbor and sailing club. Clothing stores, eateries, and patios will line the promenade encircling it. Citizens will be able to wander freely around the open spaces thanks to a central platform, public squares, and bridges that will connect the neighborhood.

 

Proximity of location to

 

·      La Mer by Meraas – 10 mins drive

·      Mall of the Emirates – 25 mins drive

·      Dubai Internation Airport – 19 mins drive

·      Dubai Mall – 18 mins drive

·      Palm Jumeirah – 29 mins drive

 

2. City Walk

 

The project comprises more than 900,000 sq.m. of land, with the most luxurious urban housing project on the previously undeveloped ground near Downtown Dubai neighborhood and in the shade of the Burj Khalifa. City Walk is an inner retail and restaurants complex than combines “Rodeo Drive Flair” with all the well-known brands just outside.

 

The food and beverages outlets there include Yoku Moku, Humming Bakery, Jessica, Yougurt Hollywood Burger, Pei Wei, Subway, Starbucks, The Noodle House, Pappa Roti, Edo Sweets, a Spinneys Supermarket, and Burger Joint.

 

 

The Retail Stores at the City walk includes

·      The Sauce in the Hood

·      Crea and JNBY

·      Roberto Cavalli Décor

·      Michelle Belau

·      Toushih Caboodle

·      Zmilelee

 

Health and Beauty Outlets

·      N. Bar

·      1847

·      Physique 57

·      Poupa Salon and Nail Spa

·      Sephora

 

 

3. MBR City

 

Mohammed Bin Rashid (MBR) City is a massive new development scheduled for the primary undeveloped land south of Dubai creek Harbour. This is a 10,800 hectare (26,687 acres) Land, 20% larger than Manhattan, titled for the Ruler of Dubai, whose castle is located within the zone area.

 

Meydan City will ultimately encircle the Dubai Racing Club and include server advancements such as:

 

·      Nad Al Sheba 1

·      Millennium Estates

·      Mag Eye at Meydan

·      Sobha Hartland

·      Meydan Heights

·      Meydan Grand Views

·      Dubai Racing Club

·      Meydan 1

 

 

4. Lagoons by Damac

 

Damac Lagoons residential communities by Damac Properties located behind Sports City and parallel to the Hessa Street road and next to almost completed Damac Hills, which is also accessible by the Sheikh Zayed Bin Hamdan Al Nahyan Highway.

 

It will have 3,4 and 5 bedroom townhouse situated in their clusters. Including 6 bedroom-stand alone villas in close proximity to all the natural amenities. This mega project will feature styles and designs inspired by the 8 gorgeous cities/countries: Costa Brava, Malta, Venice, Nice, Santorini, Andalusia, Morocco and Portfino, from the biggest private developer in Dubai. Lagoons is expected to complete all its amenities, road infrastructure and handover of the villas by the end of 2025.

 

This new project has the lowest price per squiare foot at 750 AED. By far the highest potential for capital appreciation.

 

 

5. Dubai Creek Harbor

 

The Development if the Dubai Water Canal, and expansion of the Creek that runs through into the Business Bay Area, which was launch in 2016. However, Dubai’s oldest ancient canal has not faded away. It has become the site of Dubai Creek Harbour, a significant contribution to the city’s destiny. Dessigned by renowed master developer Emaar Properties, it mixes all the allure of modern city living with green development and skyscrapers. It covers over 60 million square feet and is subdivided into smaller districts, with the islands District being the first one to be developer and the only part of the city that is presently inhabited. The first flats were delivered in 2019, and additional projects are nearing completion.

 

The majority of the unites Dubai Creek Harbour are just one to 3 bedroom apartments, with a tiny portion of four bedroom penthouses and townhouses.

 

 

 

Creek Beach

 

Creek Beach, situated right across from the Island district, is afresh concept that delivers a beachside lifestyle to the center of the city. Summer, Sunset, Bayshore, Surf, Breeze, and Vida Creek Beach are the six high-rise complexes that make up Creek Beach.

 

A portion of the Creek will be closed off for a swimming pool and other water-based sports. Creek Beach will off all the amenities one would expect from a vibrant seaside location in Dubai, including a boardwalk, a dining arcade, and external workout facilities. As of mid-2021, this entire portion is still under construction.