It is one of the largest and most populous cities in the Middle East. It is also a global city that boasts of amazing architecture. The famous city is also known for the opulent lifestyle it offers and the mind-blowing growth it had witnessed. Dubai is truly one of the most beautiful cities in the world. The city has an architecture that cannot be seen in any other country. The country has seen some amazing construction projects that have defied conventional thoughts.
Dubai is known for pushing the limits and aiming for the stars – literally and figuratively when it comes to building skyscrapers. Though all that opulence comes at a price, many might be surprised to find out that it is in arms reach. In this article, we shall speak of some interesting features of the Dubai real estate.
The most ambitious leisure developments ever proposed in the world, Dubailand was first announced in 2003 with an estimated cost of about 64 billion dollars. The works have been going on full swing since 2013 with works nearing completion. The project has taken place on a whopping 278 square kilometers of land. That’s nearly 107 square miles which incorporate 45 mega projects and many other smaller ones. The place has some of the world’s largest entertainment zones with theme parks, high-end restaurants, numerous gardens, and even some luxurious living spaces.
Residences at Dubailand
The region is growing fast with investments from different corners of the world. City Walk by Meraas is also located in this region. The Central Park Apartments by the same builder have been making news in social media for a while now due to the magnificence. The amenities offered to residents of this region do not just stop with the various luxuries such as pools, spas or shopping complexes we might find in other choices given by the Dubai real estate market. Here, we also get seamless connectivity with major parts of the city and an amazing neighborhood that has been well planned.
Buying and Renting in Dubai
Dubai has a very booming real estate market. The income-generating real estate here has made it a favorite for those looking to invest. However, a lot needs to be kept in mind before buying or renting. Contrary to beliefs, it’s easier to invest and buy properties in Dubai than in India. This is because of quicker and easier registrations. The high influx of HNIs to Dubai in the last few years prove this point.
The tax-free returns, capital appreciation, rental returns and higher quality of life have probably led to Dubai getting the lion’s share of investment in real estate compared to India. Besides, global builders such as Meraas and their Central Park Apartments at City Walk need no introductions when it comes to potential buyers.
Though Dubai might feature at the top in lists of cities with the most expensive hotel rooms, the city is more inviting and easier to live in once you buy a house here. Many find buying and investing in certain properties here to be more fruitful and affordable in the long run as opposed to expensive hotel rooms.
Do check out the impressive Central Park Apartments by Meraas Holding. Dubai just got more interesting and closer. Experience true comfort and happiness by living the Dubai lifestyle.