What is going on with the off-plan market in Dubai?

According to research, Dubai’s off-plan real estate market is in a post-pandemic revival stage. The consulting agency Global Capital Partners says that the positive sales dynamics of new buildings are driven by the developers who want to keep up with the emerging market. The upturn started in the fourth quarter of 2020, and we see that many projects started almost simultaneously on the market. What new projects have been implemented with houses and apartments in Dubai, UAE, read more about it in this article.

Damac Lagoons

Damac is a famous and well-established developer in the UAE. The company has built many innovative and comfortable areas, residential complexes, and skyscrapers. Now, the builder announced the construction of the next stage of Dubailand called The Lagoons.

The Lagoons is a project by Damac Supremo, a division engaged in the construction of luxury housing. Damac Lagoons will become a place with artificial lagoons, beautiful walking areas, and several places for extreme sports and tranquil activities, including gondola riding. The new residential area will consist of 8 micro districts, each of which will be an Eastern or European resort, and the real estate market will include private houses and townhouses.

Damac Cavalli

Another fashionable Damac project will be Damac Cavalli, the new residential complex. It is the first joint project of the famous Italian fashion house and an Arab developer.

The house will be built in Dubai Marina. This project costs $545 million. The internal design of apartments will be created in the style of a fashion designer, and there will be furniture from the Italian collection.

Murooj Al Furjan

Murooj Al Furjan is another new project but from another builder, also well-known in Dubai — from Nakheel. The residential community will offer more than 400 villas. This project will offer residents spacious 4-5-bedroom housing, and the area will become a green oasis with many green squares and various places for recreation and sports.

Ax Capital is your assistance in selecting properties in the UAE

If you want to find off-plan real estate or housing on the secondary market, we recommend getting in touch with the professional agency Ax Capital. Take advantage of expert advice and find a suitable home! For further details, visit the official property website https://www.axcapital.ae/.