Top Upcoming Real Estate Projects in 2022
Introduction
While the market for real estate properties in Dubai has slowed down a bit, there are still some upcoming projects that will be launched in the next few years. Here’s a list of some of the most exciting ones:
Bluewaters Island
If you’re looking to invest in property in Dubai, you can take a look at Bluewaters Island.
The development will be built on the coast of Dubai and will have residential, commercial and retail spaces. It is expected to cost $3.5 billion. The island will be located near the Palm Jumeirah, which is another popular tourist attraction.
Purchasing a property here would not only give you access to beautiful views of the sea but also provide an opportunity for investment when rents rise as more people move into the area.
Dubai Water Canal
Located in Dubai, the stunning Dubai Water Canal is a master-planned community from Deyaar that will be home to 3,000 residential units and an additional 50 retail outlets. The development will also include a public park and waterfront promenade.
The average unit size is 500 square feet, with prices starting at $250,000. The development features one-bedroom units and two-bedroom penthouses with exclusive access to private pools on the 59th floor. Residents can count on plenty of amenities in their new homes: sports courts; a children’s play area; gyms; yoga studios; meeting rooms; office spaces; restaurants serving Mediterranean cuisine or Thai food; plus five swimming pools (including one indoor pool).
Jumeirah Beach Residences Extension
JBR Extension is a residential development in Dubai, UAE. It is part of the Jumeirah Beach Residence complex, which has been developed by Nakheel Properties. The project will add 80 new villas to the existing community and features various amenities such as pools, gardens and more.
Dubai Creek Harbour
Dubai Creek Harbour is one of the most anticipated real estate projects in Dubai. It will be located on Al Wasl Road, between Sheikh Zayed Road and Umm Suqeim Street. The master developer of this project is Emaar Properties and it’s one of the largest developments ever created in Dubai that includes two man-made islands connected by bridges to each other and to mainland Dubai.
This development has a total size of 23 million square feet (2.1 million square meters) with 6,000 villas and apartments spread across seven towers, as well as commercial space for hotels, offices, retail shops, restaurants and cafes etc.. This development also comprises three marinas: Royal Yacht Club Marina; Jumeirah Beach Residence Marina which includes 2 yacht clubs; Dubai Creek Residence Marina with capacity for 450 boats at its launch phase
Abu Dhabi Al Maryah Island
Abu Dhabi Al Maryah Island is a $27 billion development project in Abu Dhabi, UAE. The project was launched by Sheikh Khalifa Bin Zayed Al Nahyan, the President of the United Arab Emirates and ruler of Abu Dhabi Emirate on April 10th 2010.
The project has been designed to provide homes for 150000 people and is expected to be completed by 2022.
Dubai South
Dubai South is a new development project that will be built on the border of Dubai and Abu Dhabi.
The location is close to Sheikh Zayed Road and Al Maktoum International Airport, in addition to having easy access to Sheikh Mohammed bin Zayed Road.
Business Bay Canal Walkway
The Business Bay Canal Walkway is a new project that will be built in Dubai. The canal will be 4km long and will connect with the Dubai Canal to create a vast network of waterways in Dubai.
The canal walkway will feature cafes, restaurants, and shops along its banks. It is expected to become another popular place for tourists as well as locals looking for a relaxing afternoon walk or bike ride alongside the water.
Dubai Sustainable City
Dubai Sustainable City is a project that aims to integrate the city’s sustainability strategy with its urban development plan. It will be an eco-friendly city that promotes environmental protection, green space preservation, and waste management.
It will be built on a land area of about 1.7 million sq m in Deira and Al Twar areas at an estimated cost of Dh4 billion. It will consist of four towers: 30-storey tower for residential units, 21-storey tower for commercial units; two 16-storey towers for hotel rooms; one 11-storey building for offices; two eight-storey buildings for parking places.
Dubai Hills Estates
Location: Dubai Hills Estates, Dubai
Size of the project: 1,500 residential units
Expected price range: $1.5 million–$3 million
Expected completion date: 2022
Amenities in this project include a night club, spa, health club and gymnasium.
Upcoming real estate property projects in Dubai and the UAE.
Upcoming Real Estate Projects in Dubai and the UAE:
Dubai has many upcoming real estate projects in 2019, 2020 and 2021. Some of these include:
- Al Furjan – Dubai South
- Cayan Tower – Jumeirah Lake Towers, Dubai Marina
- Coral Heights – Oud Metha, Dubai
- Oasis Palms – Discovery Gardens, Dubai
- Jumeirah Park Towers (JPT) is a mixed-use development located between the Downtown area of Abu Dhabi and Saadiyat Island. The development will consist of two phases, with Phase 1 being completed by 2022/2023. The second phase will be completed sometime after 2030.
Conclusion
Dubai is one of the best places to invest in real estate. It has been a top destination for real estate investment for many years, and it’s easy to see why. Dubai is an excellent location that offers some of the most beautiful landscapes, modern buildings and attractions. It’s also home to some of the world’s tallest skyscrapers which attract people from all over the globe.
Dubai has a rich history that dates back thousands of years. In fact, more than 3 million tourists visit Dubai every year!
As you can see, there are plenty of exciting developments happening in Dubai and the UAE. These projects will not only change the landscape of Dubai but also provide a new generation with opportunities that could never have imagined before.
