When we think of Dubai, everything that comes to mind will be associated with brilliant surroundings and extravagant lifestyle. In Dubai, one can expect to come across state-of-the-art shopping malls and luxurious hotels and spas. However, it is hard to deny that in recent decades, the Dubai skyline has undergone an unprecedented bit of transformation. 

Dubai, which was once associated with traditional markets and housing has now become the global hub of modern infrastructure. Investors from every corner of the globe now intend to own properties in Dubai.

Pre-oil era to oil-based economy to post-oil era

When we take a look at the pre-oil era, we come to see that Dubai’s real estate sector used to be reasonably different from what it is today. Dubai is now characterized by modern infrastructure, which includes docks, bridges, and motorways. This modernization came into the picture when infrastructure investments began. Dubai had begun to attract more business.

It, however, took some time for Dubai’s economy to transition to a post-oil era from an oil-based economy. Freehold ownership was announced for certain areas.

Testimony of all-round real-estate advancement

Through the current times, if we take a look at Dubai’s real estate, a plethora of different types of offerings unfold. Top-notch professional spaces are herein included, and so are high-end residences. A real estate investor is going to have a whole lot of choices before him based on where he wants to invest.

Renowned real estate companies have influenced Dubai’s real estate sector to a great bit of extent. Emaar properties, Nakheel and Damac properties are included in the list.

Upcoming real-estate projects on the horizon

It is hard to deny that the real estate sector in Dubai is currently hounded by some difficulties. But, they have several new and upcoming projects on the horizon. These projects stand to have a major impact on Dubai’s real estate sector, driving it ahead like Dubai Island, Palm Jebel Ali, Downtown Dubai.

Just as an instance, Dubai Creek tower’s construction is underway and it is expected to be the tallest structure in the world upon its completion. It will have room for all residences, business units, and retail spaces.

Diverse properties available in Dubai

A wide variety of properties are nowadays available in Dubai. They are the best match for the requirements of different homebuyers and investors.

In Dubai’s suburban areas, houses and villas are more popular. Many of these properties are characterized by personal gardens and swimming pools, besides modern amenities and luxurious finishes.

Then, young professionals often prefer to reside in apartments, and so do the families interested in living close to the town center. So, Dubai is a truly cosmopolitan city as it meets the requirements of residents and investors alike.

Counseling a seasoned real estate consultant like Mr. Rohit Pal lets you navigate Dubai’s luxury real estate landscape with ease. You can go for the properties that are the best match for your requirements. This includes properties whose valuation is going to shoot up shortly, in prime locations such as Dubai Island, District One – Al Maktoum City, Nad-al- Sheba, Waterfront properties, Palm Jebel Ali, Jumeirah Beach Residence (JBR), Emirates Hills, and Business Bay.