The allure of new developments in Dubai is undeniable. It is for this reason that investors are showing keen interest in these real estate investments. Some of these factors include; favorable location, highly developed infrastructure and enabling laws and policies.
New constructions in Dubai feature cutting-edge designs and modern facilities. This in turn draws global investors in the pursuit of high yields. New projects are expected to change the face of the region and provide good business opportunities.
One of the aspects that make new developments in Dubai appealing is the location of the developments. Such developments are usually located in the desirable locations close to major landmarks, central business districts and transport nodes. Location near the Dubai International Airport, highways and metro lines gives a great value to the properties. Also, properties that are located close to famous landmarks like the Burj Khalifa and Dubai Marina are occupied by elite tenants and buyers.
Another important factor that makes new developments in Dubai have high ROI potential is the incorporation of latest facilities. Modern developers are paying much attention to how they can make the living areas more inclusive by including smart homes, fitness centers, swimming pools, and even restaurants in the apartment complexes. Apart from meeting the lifestyle requirements of the rich, these facilities also have high rental rates; thus, they generate high returns on investment for property owners.
The aspect of sustainability has come to be encompassed in the real estate industry and newly constructed buildings in Dubai are not exempted. These features can greatly improve the look of the properties if they are designed with green and sustainable concepts in mind. The amenities such as energy efficient buildings, green areas and waste management systems are being incorporated in the new constructions to meet the current global environmental policies.
Dubai has a very sound infrastructure baseline and excellent connectivity, which is one of the major factors that helps in generating higher returns for new projects. The provision of infrastructure such as roads, public transport, water and sewerage systems has been a key focus area for the city and this is why new residential and commercial developments are well integrated into the city’s structure. Due to high connectivity these developments are seen as most attractive by local investors as well as investors from other countries.
The role of government and its strategies are the main determinants of investment in the new developments in Dubai. The Emirati government continuously comes up with new policies that are advantageous to investors like the extended visas for property investors, favorable policies on foreign ownership of properties, and tax exemptions. These measures thus make property investment advisory services critical in the market for property investment. In this regard, advisors assist investors in grasping and using these policies with an aim of improving the ROI hence enhancing the investment environment.
Tenants are now preferring properties that are long lasting and beautiful and this has made investors to focus on such properties. New constructions in Dubai are characterized by quality construction and unique architectural designs in the fabricated structures. It is notable that world’s top architects and interior designers are involved in these projects to make sure that they adhere to quality and luxury standards. Such attention to detail not only lures the classy buyer but also makes the project to have a longer life span and market value which is very important to enhancing the ROI.
Dubai's new projects are rapidly growing because of its stable and fast developing economy, support from the government and its municipality, and quality construction and architectural design. With the availability of different varieties of properties, investors can seize the chance of growth. As the infrastructures are being improved continually, these developments are becoming more and more attractive to the local and foreign investors in search for stable long term investments.