DUBAI’s MEGA PROJECTS IN 2023-24

In order to provide the most opulent and unthinkable living experience, Dubai is renowned for its ambitious mega projects that attempt to push the limits of design, engineering, and technology. Below are a few of them:

THE LINK BY ONE & ONLY ONE ZABEEL 

One & Only Resorts and Private Homes announces its newest addition to the Dubai portfolio, located in the premium Za'abeel area. 

The project, designed by the Japanese architectural firm Nikken Sekkei Ltd, will contain two glass towers. Its key feature is that the buildings will be connected by the world's longest cantilever structure, known as 'The Link.' 

Since its opening in 2023, The Link by One & Only One Za'abeel has become a part of Dubai's metropolitan environment. 

The glass walls of The Link offer a "panoramic area" with restaurants, bars, an observation deck, a gym, a spa, a pool, a banquet hall, and a rooftop terrace hanging 100 meters above the ground. 

One & Only One Za'abeel is set to be Dubai's most captivating urban resort, celebrating beautifully designed rooms and suites with iconic skyline views, new Michelin-inspired restaurants helmed by celebrity chefs, innovative wellness and spa offerings, as well as fascinating entertainment and irresistible social scene. 

A glass-walled infinity pool, 229 hotel rooms and suites, and more than 90 residential flats are also part of The Link. 

THE CEIL TOWER

The Ciel Tower Hotel is set to open in the first half of 2024. The First Group, a Dubai-based property developer, will run the 365-meter-tall skyscraper, which will add to the skyline of Dubai Marina. 

The 82-story hotel, designed by London-based architect NORR, will have a glass observation deck on the 82nd floor, offering visitors panoramic views over Dubai Marina, the Palm Jumeirah, and the Arabian Gulf. It also features a "sunset lounge", on the 74th floor. 

On the 76th story, there is an infinity pool and Horizon Bar, while on the 82nd floor, there is Ciel Observatory & Lounge, which has 360-degree views over Dubai. A luxurious spa and health club will also be housed on the building's 54th floor. It includes more than 1000 suites and a signature restaurant, for food lovers.

 

China Railway Construction Corporation (CRCC) is building the 365-meter-tall tower. 

When completed, Ciel will be 9 meters taller than the Gevora Hotel, which currently stands as the tallest building in Dubai. 

ATLANTIS THE ROYAL 

The $1.4 billion project opened on 10th February 2023 is a destination where everything has been designed to challenge the boundaries of imagination. French interior design expert Sybille de Margerie, The Royal commissioned a slew of talented modern artists to personalize each property. 

The resort has 90 swimming pools, including a rooftop infinity pool hanging 90 meters above ground level on the 22nd floor. The cantilevered 43-story resort has 231 luxury apartments, 693 hotel rooms, and 102 suites, all with views of the Arabian Sea and Palm Island. 

Host to the region’s first fire and water show, offering a transformative spa and wellbeing experience, the best bars, beach clubs, and nightclubs, it’s the world’s most ultra-luxury experiential resort. 

Home to 17 world-class restaurants, including 8 helmed by celebrity chefs, such as Gastón Acurio, Costas Spiliadis, Ariana Bundy, Heston Blumenthal, and José Andrés, makes Atlantis Dubai’s premium dining destination. 

KEMPINSKI FLOATING PALACE

The main edifice of this floating palace is divided into four sections and is united in the center by a glass pyramid. It features gourmet restaurants, bars, a spa, pools, boutiques, banquet facilities, and the ability for larger boats to sail in and out of the hotel. 

The Kempinski Floating Palace will be a five-star luxury hotel with over 150 bedrooms and suites, as well as luxury villas. The 12 luxury villas, which are linked by pontoons, are for sale in part but may also be rented by hotel guests. The villas have two, three, or four bedrooms, as well as crew and staff accommodations, and are spread across two stories with a roof patio and infinity pool. Luxury houseboats with panoramic windows and all the technological capabilities of a smart home offer indoor and outdoor living areas. 

"Cruising at a maximum speed of 6 nautical miles, the villas are equipped with solar panels and are designed to be environmentally friendly," The hotel will also include a "connected floating helipad next to an impressive yacht parking deck for up to 16 yachts," according to the press release. 

According to Bernold Schroeder, CEO of Kempinski Group and chairman of the management board of Kempinski AG, the unique project by Seagate Shipyard will be accessible to visitors in 2023. 

JUMEIRAH MARSA AL ARAB

The Jumeirah Marsa Al Arab superyacht-shaped hotel is scheduled to open in 2023. It will have 386 rooms and suites, four penthouses, and 83 premium hotel apartment suites surrounded by private landscaped gardens.

 

The "oceanic trilogy," which already includes the wave-shaped Jumeirah Beach Hotel and the sailboat-inspired Burj Al Arab, will be completed with Jumeirah Marsa Al Arab. 

The luxurious resort setting features gorgeous shimmering waterways, verdant terraces, and lush gardens, as well as private cabana areas and pavilions. It has a broad range of is a destination where everything has been designed to challenge the boundaries of imagination. French interior design expert Sybille de Margerie magnificently constructed pools, spas and wellness facilities, as well as more than ten handpicked restaurants and bars created by world-renowned restaurant designers. The one-of-a-kind architecture and comprehensive facilities and amenities provide a delightful experience that fits every requirement. 

UBAI WASL TOWER 

The Wasl Tower is a world-class 302 meter super-high-rise skyscraper in a strategic Dubai site. The Wasl Tower will feature one of the highest ceramic faces in the world and will serve as a regional symbol of adaptation and sustainability. This structure stands out in the scorching desert region due to its ability to cope up with local temperatures using shade and cooling systems. Its design style and 'contrapposto' structure focus on 'Figures in Motion,' and it alludes to Dubai's complex and extensive infrastructure. This adaptive, multifunctional addition to Dubai's cityscape represents mobility, develops sustainability, and creates opportunity. 

The tower serves as a point of convergence between two important Dubai landmarks, the famed Burj Khalifa and the new City Walk Development, attracting visitors from all directions. 

This asymmetrical, twisted, tower is set to open by Q2 2024. 

MBR CITY 

Currently, the neighborhood offers high-rise and mid-rise apartment buildings, as well as opulent villas and townhouses for sale and rent. The neighborhood is conveniently situated near Sheikh Mohammed Bin Zayed Road (E311), Sheikh Zayed Road (E11), and Al Khail Road (E44). Hartland International School and North London Collegiate School are two of the area's international schools that are accessible to parents of learners.

With an equestrian and falconry center nearby, MBR City—made renowned by the presence of the Meydan Hotel nearby—will also be a fascinating neighborhood for animal lovers. MBR City offers a community with a lively environment in an ultra-modern setting with a variety of cafes, entertainment centers, retail shops, and many more progressive developments coming soon. 

In Mohammed Bin Rashid City, the most populated areas are Sobha Hartland, District One, District 11, District 7, and KOA Canvas. 

This city is a wonderful place to stay since it has access to all essential services such as schools, universities, hospitals, megastores, metros, airports, and places of worship. MBR City is a 15-minute drive from renowned facilities including Emirates Hospital Dubai and American Hospital Dubai. In Mohammed Bin Rashid City, the most popular communities are Sobha Hartland, District One, District 11, District 7, and KOA Canvas.

 Supermarket Carrefour is a 12-minute drive from the city and is situated close to the Burj Khalifa. Apart from that, the community is 9 minutes away from the LuLu Express in Al Quoz. The city, which was announced in 2012, is currently nearing completion.

URBAN TECH DISTRICT 

The project encompasses 140,000 square meters of built-up area and has created 4,000 jobs. Carries cutting-edge amenities such as educational and training facilities, food and beverage outlets, conference facilities, seminar rooms, shared-desk spaces, as well as dedicated offices. The urban tech institute will also be housed in the district in order to train the next generation of urban tech leaders. The institute will create opportunities for piloting new innovations based on applied research while also driving public-private partnerships. 

The development, as a net zero carbon district, will help to reduce the carbon footprint of its partner businesses, enabling a low-carbon workforce. 

Ultimately, the urban tech district will draw funding, and support startups, entrepreneurs, and education, thereby enabling a distinctive collaborative urban tech ecosystem. 

Conclusion

In conclusion, Dubai is home to some of the most ambitious and impressive mega projects in the world. From the towering Burj Khalifa to the man-made island of Palm Jumeirah, these projects have helped transform Dubai into a global hub of innovation, luxury, and tourism. Dubai's infrastructure is a shining example of what can be achieved with vision, ambition, and determination. By creating world-class structures and embracing new technologies, Dubai has transformed the definition of what is possible and has positioned itself as a global leader in innovation and development.

Is It Good To Buy Off-Plan In Dubai ?

Before knowing its perks, one should have a clear idea of the concept of the emerging off-plan properties which are most popular in Dubai.

So, What are off-plan projects? 

An off-plan property is one that has yet to be developed or is in the process of being built. Purchasing a house off-plan refers to executing a contract between builders and purchasers while the project is still under development. As investors know, unfinished homes in the real estate market are called 'unplanned'. Off-plan or “off-plan” homes are often purchased directly from developers in Dubai, but may also be purchased through investors. Numerous benefits, including significant price reductions and benefits over various payment options, open up exciting opportunities for investors.

Still, like any real estate transaction, buying an unplanned home in Dubai has its pros and cons Nevertheless, benefits and perks overpower the fewer cons which are none when compared to the highly qualitative advantages. Although, there are many things that one should be educated about before actually buying a big asset as an off-plan property in Dubai. The main advantage of investing in Dubai Real Estate is that you aren't required to pay any taxes on it. Indeed, if you purchase a home here, you will not have to pay any additional taxes.

Isn't it enticing? It is, and this explains why so plenty of individuals are interested in Dubai assets. So, if you've decided to buy property on this luxurious island, you should go for off-plan property. There are also other advantages to it.

By the end of this article, you will get to know the various many exciting advantages, perks, and benefits which are linked with investing in off-plan models in Dubai. Keep on reading for knowing more!

Is it really advantageous to invest in off-plan in Dubai? 

For overseas investors, Dubai's real estate market continues to be a desirable investment location. With current trends in the market, nevertheless, making investments in off-plan property in Dubai has grown into a further appealing alternative.

For many years in the way, Dubai has been a location that has caught investors’ eyes through its incredible various number of advantages and profits. It is to be brought to attention that investing off-plan in Dubai has its fair share of advantages and this article brings light to the perks. 

Competitive pricing: one of the most significant benefits of making investments in off-plan condominiums. Builders provide appealing schedules for payments, allowing investors to participate in an investment with little upfront cost. Additionally, builders frequently offer lowered prices on off-plan properties in order to attract buyers, providing a fantastic chance to purchase an asset at a price that's less compared to its current value. 

Greater Profits On Investment: In Dubai, the off-plan market offers higher returns on investment than the secondary market as a whole. Off-plan building appreciation in value is often higher, particularly when acquired at the beginning of the construction cycle. While building advances, the worth of the asset increases, which makes it an economically viable option.

Contemporary And Luxury Residences: Dubai builders are well-known for creating contemporary and luxury residences that adhere to global standards. Off-plan properties are constructed using cutting-edge technology and concepts, and they include a variety of luxuries and features. This draws elite renters who are prepared to shell out high money for the parcel of land's extravagant way of life.

Variable Payment Schemes: Another benefit of buying off-plan real estate in Dubai is the ability to pay in installments. Developers provide installment agreements with favorable conditions, letting investors spread the cost over a longer amount of time. This payment flexibility enables investors to leverage their assets and maximize their profits.

Excellent Construction: Dubai builders use strong methods of quality control to ensure that buildings are constructed in accordance with the finest standards. This leads to superior and highly qualitative construction, which makes the property an excellent investment with fewer future upkeep expenses. Investors may be confident whether their investment will continue to maintain its worth and attractiveness in the not-too-distant future.

Suitable for End Users: Off-plan investments offer a great alternative for both investors and end users. Customers may select the most appealing unit among a number of alternatives and receive greater value for their investment.

Early Investment Edge: Buying off-the-plan real estate in Dubai provides investors with a head start. This implies that purchasers can purchase a home at a lesser cost before it is finished and enjoy the increase in capital that takes place when the building is being built.

Assistance provided by the government: The Dubai government has been aggressively supporting the real estate industry via a number of programs, including lowering registration of property costs, providing visas that are long-term for investors, and enacting regulations that safeguard investors' rights.

Expanding Economy: A further indicator supporting the wisdom of buying off-plan in Dubai real estate is the city's expanding economy. The city is a valuable investment location due to its strong economy and expanding population.

Buyer Protection Laws: If you are going to do a lot of buying, such as at home, keep in mind the buyer security rule enforced by the Department of Economic Development Abu Dhabi. The government has listed various rules, instructions, laws, and regulations concerning the rights of consumers in order to keep customers safe from fraud.

Customisation Of The Property: The additional advantage of acquiring an under-construction house is the ability to customize your place of residence. If you would like to see modifications, you may communicate your desires throughout the building stage when the house is being customized.

Spend Less Money: Purchasing off-plan property implies you may obtain the greatest pricing from the beginning. This implies that purchasers may select the best flat in a certain complex. And this plays a significant role in saving money when purchasing a home.

Finally, investing in off-plan real estate in Dubai provides an array of advantages to investors. It is an appealing investment prospect due to its reasonable price, increased returns on investment, modern and elegant residences, flexible financing options, and excellent construction. Nevertheless, prior to making any investment decisions, investors should conduct proper due diligence, research the developer's track record, and analyze the property's perspective. However, Dubai's off-plan real estate market offers a fantastic chance for investors seeking a safe bet in the property industry.

Business Bay: Best Off Plan Project Location

Do you want to explore a place where high-rise buildings caress the sky and where leisure never tends to cease?

If yes, then Business Bay, the central business district in Dubai, is one of the most appropriate and appreciated locations for you and your loved ones. As we all know “Where there are tall towers, there are great views”. This quotation stands true for this magnificent location as the name speaks for itself, though there is a whole lot more to this heavenly location.

 Business Bay has a vibrant neighborhood and with time, this place has grown and has gained sufficient power to be seen and heard by people from all over the world.

Attractions

Winding through Business Bay is the Dubai Water Canal, which is a manmade channel and a bridge between Old Dubai and Arabian Gulf. Its avenue is bordered by stimulating eating joints, modish lounges, and luxurious hotels. 

Business Bay is a place where ultra-modern luxury best captures its identity and it's home to some of the city's most elegant hospitality organizations.

The location of this development has a trail of luxurious apartments and elite hotels making it one of the best locations to reside or visit. 

For instance, Al Habtoor City is a collection of hotels and residential towers and is considered an exquisite gem. 

This place is an assemblage of delish restaurants that cater to visitors with all kinds of cuisines. 

Business Bay is an assortment of rooftop getaways, many of which offer its visitors mesmerizing views of Downtown's Burj Khalifa.

This popular zone in Dubai is known as the main province for business generating financial opportunities for people all around the globe. 

This beautiful location has a lively neighborhood and has the perfect dining options like Bay Avenue Mall and several family-friendly yet an ultra modish style of living that is the essence of this place. All of this makes it the right place to live in. 

Following are some of the best projects that come under Business Bay. 

1. DAMAC CANAL HEIGHT 2

DAMAC  Canal Height 2 is a 45-story tower that offers waterfront living which is grandeur in its style and was built amidst the city’s lustrous shopping locations.

This place has been built on the shores of Dubai Canal which resides in the heart of Business Bay. 

The new tower has been built in order to offer magic, gaudiness, and gratification altogether in a single package. This project has been built keeping in mind those investors who prefer a contemporary and elite way of living. 

DAMAC consistently strives to bring ultra-modern, creative, and magnificent products to its clients.

Features: 

The tower has a unique offering i.e. stars lake, an infinity lap pool that shines and glimmers via its fluorescent edge.

The design reflects the tincture of blue that offers a vibrant environment. Canal Heights 2 epitomizes the essence of blue topaz which is present in the interiors.

The building includes a beauty salon offering exceptional treatments. This salon is built with an exclusively designed interior that promises to originate refreshing and relaxing energies.

Canal Heights 2 features a range of layouts starting from the studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments as well as 3- and 4-bedroom super luxury duplexes that offer mind-blogging views of the Business Bay district, and Sheikh Zayed Road.

The mind-blogging exterior of this development shines in the sun and radiates positive energy to its surroundings making it the best place to reside. 

In the nighttime, the property seems to come alive with its sparkling brilliance. as if witnessing a celestial event on-ground.

2. DAMAC CANAL HEIGHTS 

DAMAC Canal Heights offers mesmerizing waterfront living escapades which are a blend of beauty and perfection of nature, the blue pearl. 

This property aims at bringing natural constituents to life as they offer a wide and modern range of amenities. These amenities promise a year-round focus on the physical as well as mental well-being of its clients.

This amazing property is a true gem and an epitome of an ideal living space. 

Features: 

This property has come up with one-of-a-kind multipurpose domes that offer wellness cocoons, personalized dining escapades, and a mind-blowing space for private parties and gatherings.

DAMAC has transformed the space into a property that offers a contemporary lifestyle choice as a home experience. 

It has outstanding and luxurious water features such as shell-shaped pools and infinity lap along with the essence of blue pearl that aims to create infinite flowing energy throughout the property surrounding the place that too with vibrant energy.

The brand new residential development by Damac Properties is an extremely desirable area of Business Bay, Dubai. Here, home buyers & investors can select from studio, 1 Bed, and 2 Bed apartments with spectacular views of Dubai Canal and the City Skyline.

Canal Heights is one of the most desirable and loved communities in Dubai where residents get access to infinite amenities. 

This property has countless services to offer so that residents can boost their lifestyle and inculcate a healthy state of mind.

It is one of the best development at one of the best locations with the prospective to make your regular life full of colors, peaceful and lavish with countless activities and services. 

You can spend your time as you get to socialize with new people, attending business meetings at a beautiful location, appreciating their culture, and doing several other similar things. This project is a landmark that will change your way of living and take it to new heights of luxury & fun.

3: QUAYSIDE BY ELLINGTON

Ellington The  Quayside is one of the exceptional properties whose residential development is wholly master-planned and this property for sure reexplores the style of living at Business Bay, Dubai.

 This property is built in such a way and in such an environment that it promotes a sense of community and belonging, offering the residents ample opportunities to socialize with fellow neighbors. 

This development is head to set a new benchmark for luxurious living in Business Bay, Dubai.

Quayside has come up with a strategic plan with its spacious living spaces, lush green meadows, luxurious amenities, and strategic location. 

Its lush green environment leads to a healthy, hygienic, and refreshing lifestyle that leaves a great positive impact on its residents. 

People welcome the positive environment and succumbed to the pure environment that has fresh air and a calm environment, resulting in tranquility.

At The Quayside, luxury, and comfort plays a huge role. The property is designed in a way that offers millions of amenities and facilities that serves the requirements of ultra-modern living. 

The variety in style of apartments is studios, 1, 2 & 3 bedroom apartments, and 5-bedroom penthouses. The infrastructure is designed in a way that offers spacious living spaces and has unique style comfort and luxury to its residents.

It has a developed art fitness center whether you want to perform galvanizing workouts or revitalize yourself in a refreshing pool via swim. Of course, do not forget about relaxing your mind amidst the lush green meadows for the ultimate serenity and tranquility. 

Development at Quayside is thoughtfully curated to blend leisure and luxury seamlessly.

Located in the prime location of Business Bay, The Quayside Apartments development offers unprecedented convenience when it comes to connectivity.

You get smooth access whether it comes down to business or be it any lifestyle destination in Dubai.  

It is the best choice for both investors and end-users as it yields attractive returns on investment (ROI). 

This property project offers a promising, pure, and graceful lifestyle for residents making it a compelling investment opportunity for investors.

4. BURJ BINGHATTI JACOB & CO RESIDENCES DUBAI

Burj Binghatti Jacob & Co Residences makes sure that people live in such a way as if they are living above the clouds. They offer the opportunity to its potential investors to live amidst the clouds in one of the tallest hyper towers in the world.

They offer a collection of ultra-luxury residences at Business Bay, Dubai. The investors are going to enjoy the property a lot.

This redevelopment is a high-rise building standing tall with 116 floors comprising 6 Basements, Ground, a Mezzanine, 5 Podiums, 5 Mechanical, 3 Health Clubs, 101 Residential, and 1 Office floor.

All of this comes in the form of private, contemporary, and spacious apartments fully-furnished with modern styling. 

This mind-blowing construction is beyond our imaginative power of luxurious contemporary high-rise homes in Dubai.

It has an Exclusive Bedroom that Suits Sapphire that has 2 Beds

Emerald Suite consisting of 3 Beds

Exclusive Penthouses  consisting of 3 Beds

It is expected that it will soon become the hottest landmark of Business Bay as they proudly offer their development with a vast range of resources. They have designed the place keeping in mind the requirements of business class. Following are some exceptional utilities that this development offers:

• Centrally Air-Conditioned
• Gym
• Security Staff
• Infinity Pool
• Luxury spa

Located in the middle of Business Bay which offers the latest residential & recreational facilities including schools, restaurants, and health centers. The location is close to Ras Al Khor Road putting you within commutable distance from different locations in Dubai.

5. CHIC TOWER BY DAMAC PROPERTIES

 DAMAC Chic Tower is unique and distinct from the rest of the parts in Dubai. This development offers you some of the best, most luxurious, and premium benefits.

By investing in their project, you get access to explore the new heights of luxury at an elite location.

 

Here you get to experience an exclusive lifestyle with all the luxurious amenities that eventually allow you to cherish the exceptional beauty and infrastructure. 

This development and its neighborhood have serene yet fun vibes that are ingrained with ultimate amenities and that make a huge impact on the living situation of the users

Witness mind-blogging views of the neighborhood from your house

You get to make a lot of memories as you enjoy the most enriching moments of your life.

Here, there is a lot to explore each day where you get to rejuvenate. 

This outstanding development comes with 07 revitalizing bath areas, specially designed to release toxins and all the negative energy from your body. 

You get access to enjoy different kinds of baths, i.e. from hot and cold baths to salt baths and mud baths which enables you to enjoy this exceptional benefit at this development.

This development is all you need to zhuzh up your surroundings and your life as it offers a whole new aura to your living space. Most famous destinations like Burj Khalifa and Downtown Dubai are a few minutes away from your place. 

Hence, your location will be in close proximity to all the prestigious destinations.

Chic Tower has taken a notion of luxury up a notch so that you can truly embrace yourself 

Key Highlights:

Luxury studios, 1, 2, 3 & 4 bedroom apartments

Conclusion 

Business Bay, Dubai is one of the rarest and most unique communities one can own overseas.

 

Here the essence of unparalleled beauty and luxury can be clearly experienced. The infrastructure and interior of this place are extremely appealing as here, high-rise buildings are vying for attention. 

All the projects that are mentioned in the articles are a masterpiece and a reflection of vibrant and luxurious living in the Business Bay area.

Located in the heart of new Dubai, Business Bay is surrounded by one of the city's most desired and demanding neighborhoods such as the iconic Burj area and Sheikh Zayed Road.

Setting a new set of standards that is the epitome of luxury and a comfortable lifestyle, these apartments are a perfect choice for those who are looking to buy an off-plan property in Dubai.