The one thing that is constant about the market of Dubai is that the real estate is changing with time. As the time has passed by, we have noticed the fact that the market is changing from those who are purely investing in property to those who are buying properties to reside in the locality for future residence plan. Similarly, there has been a steady growth in areas such as the Jumeirah Golf club, the Arabian ranches, with a high-rise suppression of the master communities to a low rise. Other than that, it has been noticed that there is a high demand of the newer homes designed in a contemporary manner.

All those who are looking forward towards investing, the serviced residences are a great way to do hands off investments. The property is managed completely there and all that needs to be done is to rake the results.

– Andrew Cummings, Co-Founder and Managing Director of LuxuryProperty.com says

For investors, a serviced residence is a fantastic hands-off investment where the property is fully managed and all they have to do is rake in the returns.

The shift can be divided into two lines on a rough basis, such as villas and apartments. It is being noticed on a very aesthetic level for the villas. And for several years, Dubai has had a special place in its heart for the Mediterranean architecture. You can go to the very historical neighborhoods that consist of villas in Jumeirah or Umm Suqeim, or maybe even the older houses in Emirates Hills and you will also be able to locate older houses with roofs that are gabbled and doorways with columns in the stucco houses. However, if you look at the villas that are just being constructed, you will find a landscape that is a lot different. The areas you will find them in are District One and Dubai Hill. The architectural lines are sleek, the floors and glass ceilings are minimal with an interior that focuses mainly on colors and shapes that are fast, bold, along with villa designs focusing on the norms. Arabian style homes are also being built in the city, with a twist in the designs. These incorporate the elements that have been mentioned above to create something that has a touch of tradition, very cry, and is also unique at the same time.

The transactions that have been done recently help in the demonstration of the trends. A contemporary villa was sold for 90 million dirhams in Dubai, Emirates Hills last year during the month of September. It was followed by Palm Jumeirah, which was sold for 51 million dirhams. If you get into the comparison, it will be noticed that the older villas have a transaction that is much lower and the homes with a makeover that is modern are being sold at higher prices. But that is done before the new owners move in.

When it comes to apartments, the trend is similar. You will rarely find an apartment that does not include a combination of stark interiors and walls that are made of glass. But when it come to the perspective of the buyers, the main element is the lifestyle. The residences that have been serviced and branded are under high demand. These offer homes that are beautiful and well designed with services that can be compared to the five-star hotels. In fact, some of the projects from last year are being serviced by leading hotels such as W Residences, One Palm and Atlantis Residence.

Those who are looking forward towards investing, a residence that is serviced and managed fully is what they look for. Those who are homeowners, this is literally like a resort vacation for them. Several packages for services are available, which include facilities such as housekeeping, a convenient lifestyle is ensured and peace of mind as well. These become a major point of selling.

So once again, what is the proof? The transaction is proof. W Residence has had very good sales since they opened and even the One Palm made it to the headlines in 2017. It was the most expensive penthouse in Dubai. This had hugely impacted the developments that were done previously such as the Dubai Marina, Emirates Crown, where a decline in the prices has been seen. Despite the location being prime, it lacks the lifestyle.

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The Lofts

Apart from Emaar’s elite constructions like Burj Khalifa, the lofts are another grand development compassing 5 Acres land.  Named as “The Center of Now”, The Lofts comprises of ritzy studio condos as well as 2 or 1-room apartments at reasonable amount in conformity with the standards. The interior is spacious and bright with mesmerizing view designed by professional architects. Significant amounts of extravagances are there to be treasured by the occupants, incorporate pools, lavish green and well looked after gardens, recreation decks and even private yards.

Occupying the central location of the city, the apartments are well linked to all major spots of the city and easily accessible to the best shopping centers, including the Dubai Mall.  At a close range are situated the popular Souk Al Bahar, Arabesque structural; shopping center, and the Armani Hotel with its courteous generosity in the Burj Khalifa. The Burk Park is likewise close-by and can furnish inhabitants with a sight of greenery that they can appreciate with their families at night and amid festivities.

South Ridge

Leading and the crowd-pleasing apartments “South Ridge”, have spectacular and hypnotizing scene of Downtown Dubai from its six-story structure.

South Ridge offers one, two and even four-bedroom apartments. It has extended services for individuals willing to spend additional for something significantly extraordinary, offering penthouses. Comforts in the lodging complex incorporate pools, pools for youngsters, cutting edge exercise centers and squash courts. It additionally has home golf simulators and a badminton court for games exercises. Due to all these amenities South Ridge has turned out to be one of the most popular residential spots in Downtown Dubai. Not just this, it has generally less expensive condos in Downtown Dubai. The Dubai Mall, Souk AL Bahar, The Dubai Fountain and the Burj Khalifa are in the neighborhood. The focal center point of Downtown Dubai, the Opera District is likewise nearby. It is outstanding for the merriments and New Year’s Eve festivities.

Imperial Avenue

Imperial Avenue envisages to provide housing development for those family, who have been trying to find living at low rates yet not compromising on trends and facilities.

Though availability of apartments in downtown Dubai do not sound real yet Imperial heights proud to present apartments at reasonable price and offer best amenities of life and comfort in return, these developments have been designed while keeping in mind the needs of middle-income groups.

Imperial avenue offer lot of unique features and conveniences like solar panels for water heating which diminish electrical and maintenance cost to almost none, Imperial heights is equipped with high-speed elevators which reduce time wasted in moving from one floor to another. Grey water treatment plant helps to treat the water, which proves to be a sustainable water source. Imperial Avenue has been designed using multidimensional model, which helps in maintenance at lowest possible cost.

Standpoint Towers

Standpoints Towers have been designed while keeping in mind, the amenities of life and at reasonable price. Standpoint Towers are located at on Mohammed Bin Rashid Boulevard, which is best strategic location that provides huge numbers of outlets and café, always been bustling with people living, in surrounding.

Ranging from 1 to 3-bedroom apartments, which globally applauded architects, designed liked Small wood, Stewart and Reynolds to provide the essentials of standard living. Adjacent to Dubai Mall, city center and Burj Khalifa, location is lively, providing modern facilities like gymnasium, swimming pool etc.

While keeping in the affordability and modern living standard, apartments are truly vibrant and luxurious in nature and cater the need of middle-income group.

Due to strategic location of Downtown Dubai, it proved to be the most trendy, cosmopolitan and luxurious in nature. Since people living here came from all over the world, which tend to provide very pluralistic and diverse living environment. Having a prospect future, invest in Downtown Dubai won’t let its investor down.

Being rapid growing region and economic hub, spaces are getting filled at swiftly so it is better to be hurry.

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