According to statistics, the real estate consultancy expects an increase and continued growth in the sales market every year. As per the data revealed by the Dubai Land Department, the total value of real estate transactions in Dubai saw an increase by 8% than the previous year.
There is an increase in investors taking interest in the real estate of Dubai especially in the villa communities. This is certainly because there is a constant rise in the sales price for apartments and villas, which has increased investor confidence and improved financing. The majority of the buyers are dominated by self-use and investments for rental income, whereas the expatriates have a long-term views of living in Dubai. Also it is seen that the number of cash buyers is more than the mortgaged sales. The search for unique homes has been ever gaining pace and will continue in the following years keeping in mind the increasingly high standards of the new projects in the upcoming year.
There are various types of villas to be found in Dubai with different styles and varieties. When it comes to renting a home, it is available in any part of Dubai. But when it’s about the sale of villas, they are available only in the freehold areas where anyone can buy properties. Depending upon the price tag, almost all new villa communities in the Dubai freehold properties provide with the amenities of balcony, built in wardrobes, garage parking, swimming pool, public parks, landscaped garden, gymnasium, recreational areas, 24 hours security some may also have sports facilities such as a tennis court or golf courses.
There are certain villa communities which has gained popularity not only among the local but also international investors. Some of them are:
Emirates Hills is the first community where properties were sold as freehold properties; therefore it constitutes of a large mix of expatriate community. It is an ultra class residential property in a highly efficient and well planned community. Popular as the “Beverly Hills of Dubai” it is a unique real estate project of Dubai which attracts the attention of all. Emirates Hills is a fitting example of luxury and magnificence. The community consists of 24 hour security and maintenance, walkways, club house, spa, play area and lush green gardens. One of the highlights of this place is the famed Montgomerie 18-hole Championship Golf Course designed and created by the world class architect Desmond Muirhead.
The center of attract, The Palm has been in news for its spectacular design and novel approach to artificial island construction. Palm Jumeirah houses exotic villas along its beachfront available for lease. The villas have been designed following extremely high standards, making sure residents find utmost luxury and comfort.
Al Barari is another luxurious development that features large villas on large land plots. Al Barari’s private villa homes represent the finest in luxury Dubai living, these villas have abundant, landscaped and oasis-like setting of flowering gardens. It is located just off the Emirates Road, which is hardly a few miles away from the urbanized parts of Dubai. Some of the amenities provided here are infinity pools, water features, roof-top terraces and other entertainment facilities.
The Meadows is a moderate and lavish community which basically consists of nine sections. The home ranges in The Meadows are from three to seven bedrooms. Each of these sections has spacious and extraordinary two-storied detached villas which are surrounded by a beautiful lake and gardens, that provide superior view to all the villas. This community has particularly attracted families and professionals who prefer living within a secure gated community.
The Springs is a gated community with spacious townhouses which are surrounded by waterways and gardens, that makes these villas a perfect place with great environment for small families and couples. The Springs is located within the Emirates Living Community and neighbors The Lakes, The Emirates Hills and also The Meadows. The homes range in The Springs has three, four and five bedrooms townhouses with floor space which ranges from 1,772 sq ft to 3030 sq ft.
Arabian Ranches is an exclusive gated community in Dubai that is located just a few minutes away from main roads of key ring roads of Al Ain, Dubai and Abu Dhabi. Arabian Ranches boasts of a world class golf course which is open to residents 7 days a week. To provide for leisure and entertainment there is the Village Community Center which has retail outlets including major fast foods, restaurants, cafes and supermarkets. Arabian Ranches is also home to Jumeirah English Speaking School.
The luxury and comfort which is offered by Dubai homes is unparalleled which has led to high-end professionals as well as investors looking to set up their base here. The rate at which Dubai is growing, it would come as no surprise when all the houses in Dubai become luxury living abodes.