3 Residential Destinations In Dubai That Defy Slowdown
The reports of slowdown in the real estate market notwithstanding, certain areas in Dubai have come up as high-performing hotspots, at least in the past couple of quarters. If this sounds exciting to you, check out which are these areas and what is their value proposition.
As one of the most desirable residential complexes in Dubai, Emirates Living is a family-oriented gated community comprising of villa-style houses and five differently planned villa communities. Some of the freehold villas and townhouses come with park, lake and golf course views as well. Emirates Living features Montgomery 18-hole Championship Golf Course. Within Emirates Living, there are landscaped common areas, lakes and water features, parks, half basketball courts, football field and barbeque areas.
The strategic location of Emirates Living makes connects with well with the arterial roads of Dubai, namely the Al Khail Road, the Sheikh Zayed Road and the Mohammed bin Zayed Road. As a result of this, the property has easy access to Al Ain, Abu Dhabi and Sharjah. By driving fro 30 minutes from here, you will be able to access the Dubai International Airport. You could also easy access the prominent job hubs of Dubai Media City, Jumeirah Lake Towers, Dubai Internet City or Dubai Marina from this community.
Mall of the Emirates, Dubai Mall and Marina Mall are within easy reach from here. Several beaches are also a five-minute drive from here. There is no lack of options if you love to fine dine. Some of the prominent villa features include living areas with nine-foot ceilings, design cabinetry in a fitted kitchen space with provision for gas cooking, ensuite bathroom in master bedroom, spacious bedrooms with built-in wardrobes, maid’s quarters, linen outlets and laundry rooms.
In case you are interested, the average price in January stood at AED 6.5 million for a five-bedroom, AED 3.2 million for a four-bedroom and AED 2.4 million for a three-bedroom.
A premium desert-themed gated community on 1,650 acres of land, Arabian Ranches is another sought-after residential community, featuring 4,000 villas. The homes are designed to meet the ultra-luxurious living standards of its buyers with generous living spaces and balconies, and courtyard or terraces that open to the golf course. Arabian Ranches is located next to the Sheikh Mohammed bin Zayed Road, nine kilometres inland from intersection four near the Mall of Emirates. It is located near the Burj Khalifa and Global Village, both of which are prime tourism and entertainment destinations.
The Sheikh Mohammed Zayed Road provides access to Al Ain, Abu Dhabi and Sharjah, and The Dubai International Airport is a 25-minute drive.
Arabian Ranches has plethora of options for entertainment and leisure, including a polo club, a golf club, retail outlets, cafes, bike trails and walkways. Alongside, there are healthcare institutes and educational institutions for an integrated family living.
The average sales price for a villa is AED 4.2 million for a 5BHK, AED 3.5 million for a 3BHK and AED 3.2 million for a 3BHK property. The integrated community is currently under expansion and several new villas are being launched.
Inspired by contemporary styles and design keeping in mind the changing lifestyles of buyers, Mira Townhouses in Reem, a newly master-planned community by Emaar, is ideal for families looking for communities away from the hustle and bustle of city life. The emphasis of Reem, which was launched in 2013, has been to cater to residents looking for a modern lifestyle community with an emphasis on outdoor leisure. Surrounded by both sandy desert landscape and lush greenery, Reem features sand surfing, camping facilities and camel riding trails.
It is located strategically at the crossroads of the Dubai Bypass Road and the Al Qudra Road and is beyond the Sheikh Zayed Road, one of the busiest roads in Dubai. It also provides smooth access to the Dubai City Centre in the north, Sharjah and North Emirates in the east and Abu Dhabi in the west.
With ample privacy and a relaxed ambience, each Mira Townhouse promotes enjoyable living. Major commercial and corporate spaces are minutes-drive away from Reem. Surrounded by richness and grandeur of Arabian equine heritage, residents can witness horse trainers training the horses at the Dubai Polo and Equestrian Club.
The family-friendly space offers cycle paths and walkways for health-conscious residents, along with providing entertainment and leisure options like go-karting, a desert sports park, a central park, a dune-and-desert park, a football field, a cricket pitch and an amphitheatre and a retail plaza.
Among other amenities, there are nurseries and day care centres for children. Renowned schools such as Dubai British School, Greenfield Community School, Dubai International Academy and GEMS World School are located nearby. Some of the medical centres such as Mediclinic Welcare Hospital (formerly called Welcare Ambulatory Clinic), Life Medical Care JLT, Jebel Ali Hospital and NMC Family Clinic can be easily accessed by the residents of Reem. There is also the availability of medical facility within the gated community.
Featuring several residential communities, Reem is set to become the most-sought-after in Dubai in the years to come. For instance, there has been a strong investor response to Mira Oasis homes, a sub-community within Reem.