An agent's Guide to Dubai and Abu Dhabi communities

Monday, April 15, 2013

Our expert real estate agents have a detailed understanding of the UAE real estate market, from the ground up. Adam Stockley, Residential Consultant at Al Barsha Office gives you a guide to Emirates Living and Asal Abedi, is a Community Specialist at Head Office gives you the rundown on Downtown Dubai. Furthermore, Thomas Williams, Residential Leasing Consultant, Abu Dhabi Office shares his views about Al Reem Island. Alfiya Musina, Residential and Commercial Leasing Consultant discusses Al Raha Beach as one of the modern accommodation in Abu Dhabi.

 

Adam Stockley - Emirates Living

Adam Stockley Better Homes Property Agent

The district of Emirates Living is well known to feature Dubai’s best known communities like The Lakes, The Greens and The Springs. Other popular residential areas are Discovery Gardens and Jumeirah Island where all houses featured private pool.

 

Emirates Living is dominating real estate market of Dubai as it focuses on family community living, and this is in high demand. There are several completed communities - and few that are going to be completed soon. Given the demand for quality family neighbourhoods, these new projects will likely be as popular as the delivered communities

 

Emirates Living always attract family oriented expats and in future it will keep on following the same trend predicting this district will remain a good opportunity for investors with stable income.

Asal Abedi - Downtown Dubai

Asal Abedi Better Homes Property Agent

Downtown is recognised as home to some of the iconic landmarks like Burj Khalifa, The Dubai Mall and Address Downtown. Residents can also find breathtaking modern living spaces that range from high rise apartments to traditional Arabesque homes. The district also offers outstanding daily life amenities, dazzling market squares and water front walkways for everyone.

 

Downtown is currently one of the most prestigious area in Dubai, possessing strong potential to earn good profits. Although Burj Khalifa remains centre of the attraction for visitors - and possesses residential properties for sale and rent, other residential towers are also very popular among those who want to find accommodation in Downtown.

 

During the last year few new projects were completed and few new towers are expected to be completed in coming months. This will increase supply for current massive demand. This District is experiencing high demand of rental property units - so that’s why it is expected that new supply should not affect rents. Lease rates for 1, 2, 3 bedrooms show continuous rise that also supported to enhance sales value of properties in Downtown.

 

Downtown offers prime properties in an excellent location, popular for investors and tenants. Future expectations are very high and investors may expect to earn good profits as demand for rental and sale still remains high.

 

If you need further information about other residential communities and districts check out our latest issue of Monthly Property Magazine Dubai for April 2013.

Thomas Williams-Al Reem Island

Whether you are looking for Olympic sized swimming pools, shopping outlets or sweeping views of Abu Dhabi’s prime locations, Al Reem Island has it all. As one the city’s newest and most exciting developments, Al Reem is conveniently located next to the financial district of Sowwah Island, providing just a small commute across the bridge to the city. The Island offers brand new apartments with plenty of onsite facilities such as restaurants and high end retail outlets with a large Waitrose situated in the Boutique Mall. Underground parking, swimming pools and gyms, make these brand new apartments a popular choice for high rise living close to Abu Dhabi City. With the opening of the iconic Gate Tower this year and the new development around Marina Bay to accompany Marina Square and the Sun and Sky tower, there is something for everyone on Al Reem Island.

Alfiya Musina- Al Raha Beach

Alfiya Musina Better Homes Agent

Al Raha Beach is made up of three precincts, namely Al Bandar, Al Muneera and Al Zeina. All three communities offer sea facing apartments and townhouses. Suited to both single executives and families, this ideal location offers all lifestyle facilities such as excellent private beach, gyms, swimming pools, restaurants, cafes, popular supermarkets and convenience stores, as well as home to the new Better Homes offices, located in the Al Zeina precinct. We have a huge interest from tenants and buyers for properties ranging from one bedroom apartments to penthouses within this development.

 

In 2012, 40% of our total sales and leasing transactions where concluded on Al Raha Beach property. Year to date, we have seen an increase in buyer interest, however, we have limited supply and most property is occupied by tenants.

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