Mega Construction Projects in Dubai Real Estate Market,
The real estate and property market Dubai has cemented its place among the best real estate and property markets of the world. It is mainly due to the fact that the demand of real estate properties in Dubai has been growing continuously and attracting property investors from all over the world to invest in the real estate Dubai. This continued in-flow of foreign investments initiated many new residential and commercial construction projects which brought in a large number of Dubai properties for sale in the market to cater the growing demand of real estate properties in Dubai. This availability of Dubai properties for sale in large number helped the property prices and rentals to stabilize and made it easier for people to buy real estate properties and also to acquire them at reasonable and affordable rentals. Also the quality of construction got improved and projects were constructed with better and modern architecture and with comparatively a lot more facilities than ever before to facilitate its residents. This is the main reason why the real estate and property market Dubai became very popular not only among the investors but also among the buyers from all over the world to buy real estate in the wonderful city of Dubai.
The Downtown Dubai project is one of the amazing construction projects being constructed in Dubai also known as new Dubai the project is a mixed residential and commercial community consisting of several landmarks like Burj Khalifa which is also the tallest building in the world, Dubai Mall, and Dubai Fountain. The project is spread over two square kilometers and is expected to cost over twenty billion US dollars on completion. The location of the project is also very crucial as it is situated along the Sheikh Zayed Road and is connected to the Business Bay project in the south. The Downtown Dubai project is extraordinary addition to the real estate and property market Dubai and it is due to such construction projects that Dubai today is known as the city of landmarks. This project has added a lot of value to the real estate and property market Dubai and has become a source of attraction for buyers.
The Dubai Sports City is also another unique and out class addition to the real estate and property market Dubai. The idea is to construct a residential community for sports lover which will have sporting facilities for numerous indoor and outdoor sports. On completion the project is expected to provide a sixty thousand seat multipurpose outdoor stadium, a twenty five thousand seat cricket stadium, ten thousand seat indoor arenas, and a hockey stadium consisting of five thousand seats along with residential units. Dubai Sports City has quickly become very popular among the buyer form world over because of its unique idea that has brought sports lover very close to their sports where not only can they enjoy international sporting events but can use the sporting facilities for themselves as well. The project has been another one of the attractions of the real estate and property market Dubai and has added more value to it.
Daniel McCain - About Author:
Daniel McCain is an expert real estate consultant associated with Halcon Real Estate, a Dubai-based international real estate firm that specializes in all types of Dubai properties for sale. We are dealing in Downtown Dubai and Dubai Sports City.
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