The real estate industry in Dubai strives to deliver superior investment opportunities year after year, with fun new ventures and developments being introduced on a surprisingly frequent basis.
But are you aware of the most eagerly anticipated and high profile of the latest property launches? This is the focus of our article for today.
Ahead, we at LuxuryProperty.ae will offer a roundup of the hottest new properties introduced in the city. Keep reading to guarantee that you are in the know-how of the best and largest new real estate the city has to offer.
Properties Introduced in Dubai
When we talk about hyped up properties introduced in Dubai in the current year, you will want to be updated with everything as there is always something better and bigger on the way.
Therefore, considering the real estate market fluidity in mind, it is time to be up-to-date with all the exciting developments in the Emirate.
1. Canal Front Residences
Among the latest properties introduced in the city is Canal Front Residences. A venture by Meydan Group, it is situated at the shore’s edge in Al Safa.
This exciting project presents 1 to 3-bedroom garden suites opening picturesque views. The seaside neighborhood boasts a cycling and boardwalk track, kids’ playgrounds, and lavish surroundings.
These upscale, waterfront homes situated at Dubai Water Canal are paired with state-of-the-art fixtures and fittings to bring the ultimate convenience and comfort.
Set along the prestigious Dubai Water Canal region, which is an added bonus regarding family-oriented facilities and environment, the strategic location and simple connectivity means that you will be residing at the correct place.
The establishment is brimming with restful tranquility where living is refreshing yet simple in every way. The posh properties are designed with state-of-the-art fittings and infrastructure that further guarantees a high-quality life.
Furthermore, the surrounding areas and a calm location determine a place unlike any other.
The family-oriented homes display modern interiors with a chic collection of shopping malls and restaurants in the vicinity.
Canal Front Residences is brimming with glamour and comes with state-of-the-art gyms, retail stores, swimming pools, restaurants, infinity pool, dining outlets, beach access, and manicured gardens to the lucky residents.
For the potential buyers wanting to make a long-term investment, the apartments for sale in Canal Front Residences are priced at AED 1 million for single bedroom flats, whereas the double bedroom and triple bedroom apartments cost roughly AED 2 million and AED 4 million, respectively.
With flexible and attractive payment plans, the upscale environment opens lovely views of the Canal and neighborhood.
2. Ava at Palm Jumeirah
The mastermind behind Ava at Palm Jumeirah is Omniyat. This rare oasis is an unrivaled destination. The establishment determines direct access to most of the city’s hot locations. Peacefulness is felt by all the inhabitants who can take a relaxing stroll along the waterfront or step onto their private balcony to bask in the scenic views.
The commodious penthouses and apartments in the development offer an opulent lifestyle to the occupants, with a single unit on each floor of the building.
Potential buyers who desire an apartment in Ava at Palm Jumeirah can make their decision from 3 to 4-bedroom apartments.
The average sale cost of a triple-bedroom apartment is AED 45 million, while a 4-bedroom apartment is priced at AED 140 million to AED 150 million.
This self-sustained development also features penthouses, the price for which is AED 250 million.
These lush penthouses contain 6 bathrooms and 5 bedrooms. These properties boast a 360° private swimming pool, a kitchen equipped with all appliances, and a dedicated in-house spa.
3. Nad Al Sheba Gardens
A trendy new venture introduced by Meraas Holding, Nad Al Sheba Gardens is truly one to look forward to. It lies close to Al Ain Road and comes with a great range of property types, such as apartments, townhouses, and villas.
Showcasing plenty of neighborhood parks and open recreation spaces, the establishment is positioned beside Mohammed Bin Rashid City.
The interested buyers can purchase villas in Nad Al Sheba Gardens by paying between AED 3 million to AED 4 million for a triple bedroom unit.
Likewise, 4 bedroom to 5 bedroom villas will cost you AED 8 million to AED 13 million, respectively.
Tons of townhouses are present for sale in Nad Al Sheba Gardens. A triple bedroom townhouse costs around AED 3 million, whereas a 4 bedroom unit comes with a price tag of AED 4 million.
Remember that investors can purchase a residential plot in Nad Al Sheba Gardens for roughly AED 2 million to AED 23 million. But are you interested in owning a villa instead? The rent for villas in Nad Al Sheba Gardens is around AED 175k for a year for a 4 bedroom unit.
4. Myrtle – Central Park at City Walk
The final venture on our list of ventures launched in the city is Myrtle – Central Park at City Walk. This set of latest properties in Dubai are designed to perfection.
Presenting commodious, sleek, and modern apartments, each home opens unparalleled views of the skyline and the community’s gardens and parks.
Myrtle in Central Park at City Walk was launched in the first quarter of 2022. This coveted venture is a development by Meraas Holding.
It comes in the shape of a 7-storey building with the total area of residential units varying from 667 square feet to 1,850 square feet.
Each home is equipped with a terrace or balcony of 59 square feet to 608 square feet. Plus, the big balcony and terrace overlooks the lush greenery enveloping the establishment.
The floor plans include a utility room, a dressing room, and a storage room for maximizing the comfort of homeowners.
The lucky residents will be treated to a long list of lifestyle amenities paired with a private park present on the doorstep.
These amenities include swimming pools, meditation and yoga areas, outdoor BBQ pits, water play areas, sports lawns, multi-use games room, a half court basketball, a games table, skate-able landscape, a fitness station, retail stores, restaurants, nursery, event halls, and picnic pavilions.
Experience your life in a lavish green development and take advantage of stellar amenities, like children’s playgrounds, a dog park, spa and sauna, squash and tennis courts, an outdoor fitness and gym station, running tracks, skate-able landscape.
Myrtle pairs contemporary architecture with attractive nature to achieve an idyllic urban setting. The starting price of commodious apartments in the establishment stand at AED 1 million for a single bedroom unit and AED 2 million for a double bedroom home.