What are the most promising upcoming neighbourhoods in Dubai?

  • Date: 20-Jul-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

What are the most promising upcoming neighbourhoods in Dubai?

There are many promising upcoming neighbourhoods in Dubai. JLT is making a bold move with the introduction of ‘Uptown Dubai,’ a new community on the horizon. The launch of Uptown Tower, the first supertall tower in the area, is set to capture attention. With a mix of commercial, residential, and retail spaces, DMCC aims to position it as a thriving community. On another note, Palm Jebel Ali is ready to become the next global real estate sensation. Initially conceptualised in 2006 as a rival to Palm Jumeirah, it was put on hold. However, with the-ever growing real estate sector here in Dubai, Nakheel has decided now is the right time to launch this mega project, which will be twice the size of Palm Jumeirah. Additionally, new villa communities like The Oasis by Emaar, situated near Jumeirah Golf Estates, are experiencing high demand, with phase one already sold out. It goes to show that there is a strong appetite for new communities, even if they are further away from the coastline. The main difference here is established communities are a known quantity, you know what you’re getting into, you have reference points for your investment, what it may take to upgrade