About the benefits of investing in Dubai

The UAE is the youngest country with the fastest growing economy in the world. Dubai is the second largest and most important of the seven UAE emirates. He was exceptionally lucky, and thrice. The first luck is that there is oil in this emirate. The second thing is that this oil is not so much. And the third luck is a wise ruler, who very early on set about building an economy in his emirate that is not oriented towards raw materials.

Comparing the European and Dubai real estate markets, many experts still believe that here is still a more promising real estate sector with higher returns on many projects than in Europe.

"City in the City" - DUBAILAND ™

The mega-project DUBAILAND ™ is the brainchild of the local Tatweer Corporation, which in turn is part of the state-owned Dubai Holding. The total area of ​​DUBAILAND ™ exceeds 278.7 square kilometers, which will house world-class theme parks, sports facilities, shopping centers, tourist and hotel facilities, as well as giant entertainment areas. The DUBAILAND ™ territory will extend deep into the Arabian Peninsula from the Emirates Road federal highway, which unites all the UAE emirates. The project will be on a par with the world's leading centers of recreation and entertainment, it can be compared with the famous Disneyland.

It is expected that daily “Dubailand” will attract up to 200 thousand visitors and will become perhaps the most striking attraction of the emirate. To make it more convincing, here are some other figures: according to the report of the World Tourism Organization, the number of tourists visiting the Gulf region as a whole will rise from the current mark of 22.7 million to 54 million by 2020. One of the factors that will have a significant impact on tourist flows will be DUBAILAND ™.

The giant DUBAILAND ™ complex will consist of 45 major and 200 additional projects, subordinated to six thematic areas:

  • The world of adventures and attractions (Attractions & Experience World), which will include: World Village (Global Village), "Pharaohs Park", water park, "Snow World", "Children's World", "World of Space and Science", "World of Cinema" , Desert World, space hotel and more.
  • The World of Sports (Sports & Outdoor World) will include: The World of Extreme Sports, The World of Racing, The World of Polo, as well as Sport City - the world's first integrated and purpose-built sports city, on the territory of which stadiums will grow competitions in football, tennis, rugby, cricket, field hockey and other sports.
  • The world of eco-tourism (EcoTourism World) with a zoo for young animals, desert safaris, "Animal World", "Garden World", "Dinosaur World", the Museum of Science and History, a hotel on sand dunes and other objects.
  • The World Leisure & Vacation World will include Andalusian Resort & Spa, Women's World, Vacation World, and Wonderland.
  • The world of shopping and entertainment (Retail & Entertainment World) with the largest Mall of Arabia in the world, discount brand stores, flea markets and so on.
  • The business world (Downtown), which includes the stratospheric Towers complex with breathtaking views, the World of virtual games and Dubai Boulevard.

DUBAILAND Residence Complex - advantageous location

Favorable transport accessibility to the housing complex is ensured by the Emirates Road high-speed 12-lane highway; in addition, the “blue” Dubai Metro line will pass nearby.

On the one hand, the complex is adjacent to the popular project The Villa by the famous developer of Dubai Property, which is a region of villas with developed infrastructure in a Mediterranean style. On the other hand, it is adjacent to Dubai Outlet City, the first conceptual trading town where goods of famous brands will be sold at significant discounts. The first shopping center of this project - Dubai Outlet Mall - is already working and offers discounts from 30 to 90% on the most famous brands, as well as holidays for the whole family, including restaurants, attractions, bowling and an ice rink.

DUBAILAND Residence Complex is located opposite the Dubai Academic City, which aims to become one of the world's largest training centers. More than 100 universities with an international education system will be represented here: Zaed University, Dubai Men's College, British University of Dubai, American University, UAE Academy of Hospitality, University of Wollongong and others.

The complex is a 3-minute drive from Dubai Silicon Oasis: a technology park sponsored by the Dubai government. The Innovation Center for Macroelectronics, research centers, academies and institutes will open here. The Dubai Silicon Oasis project with SEZ status will attract optoelectronics and nanotechnology specialists from around the world, which predicts a high demand for housing.

In addition, from the residential area of ​​DUBAILAND Residence Complex, it will be possible in 5 minutes to reach the FALCONCITY OF WONDERS project, where the Eiffel Tower, the Taj Mahal marble palace will rise, the Hanging Gardens of Babylon, the Great Wall of China will be recreated Leaning Tower of Pisa; and also 7 minutes - to CITY OF ARABIA ("Cities of Arabia"), a multifunctional town on the territory of which the world's largest shopping center Mall of Arabia (in 2010) will be located and a Jurassic theme park Restless Planet with moving life-size dinosaurs. It takes just 10 minutes to get to Dubai International Airport, 20 minutes to the new Al Maktoum Airport, 10 minutes to Downtown Durj Dubai and Dubai Mall, and 18 minutes to Atlantis, The Palm.

DUBAILAND RES IDENCE COMP LEX. District Infrastructure

The general contractor for the housing complex is Dubai Properties LLC, part of the Dubai Holding Group. Chairman of the Board of Directors - Muhammad Al Gergawi; Executive Director - Hashim Al Dawal, who is also a vice-chairman of the FEZ “TECOM”. The same company owns the implementation of projects such as Jumeirah Beach Residence, Business Bay, Dubailand, Dubai Health Care City, Dubai Internet City, Dubai Media City, Knowledge Village, etc.

Halcrow International Limited is the chief design engineer and project developer for the Residence Complex Dubailand. Work on the project infrastructure was completed in the third quarter of 2007. It is planned to put the object into operation in 2010. The construction is being led by Idama Asset Management Solutions (a division of Dubai Properties). It is planned to erect a shopping center, a hypermarket and many retail stores on the territory of the Residence Complex. It will be a green area with numerous parks that include jogging and cycling paths, soccer fields and lakes. The area will also include kindergartens and medical centers, restaurants and cafes, a gym and swimming pools, tennis courts.

The developer AL SONDOS HOLDING has been operating in the market since 1983, is a subcontractor and is building several projects in the new housing complex. Darmal Group company on exclusive terms sells real estate in two residential buildings of the complex - Lilac Tower and Rose Tower.

Building Characteristics

ResidentialThe property has a protected area and landscape design. Very high level of finish. The last floors are reserved for wellness centers, which include: swimming pools for adults and children with water temperature control, a jacuzzi, a sauna and a steam room, playrooms for children, gyms, tennis and squash courts, basketball halls and barbecue areas.

1. Lilac Tower

Storeys 2B + G + 7TYP + HC

Number of studios 28

Number of apartments with 1 bedroom 42

Number of apartments with 2 bedrooms 32

Total number of apartments 102

Number of parking spaces 136

2. Rosa Tower

Storeys 3B + G + 10TYP + HC

Number of studios 20

Number of apartments with 1 bedroom 87

Number of 2-bedroom apartments 41

Total number of apartments 148

Number of parking spaces 195

Watch the video: Benefits of investing in Dubai 2019 (April 2024).