Dubai’s most prestigious address?

A stunning new development in Dubai is attracting the attention of prospective investors…

Dubai Waterfront is an 81 million sq.m waterfront development comprising of 250 master planned communities. Upon completion it will be bigger than Manhattan in the USA and will be just 15 minutes from the world’s largest airport.

Enjoying the most strategically advantageous location in the region it is ideally placed being located midway between the Dubai International Finance Centre (DIFC) and the UAE’s capital Abu Dhabi. It is also in close proximity to the new Dubai World Centre project which will sit at the head of the new 86km Arabian Canal which will become the world’s largest maritime freight and passenger terminal.

Dubai Waterfront will bring a balanced mix of residential, retail, commercial and industrial developments spread over 20,000 acres of prime beachfront land. Already recognised as the largest waterfront development in the world it will provide homes for more than 500,000 residents and is set to become the most sought after location in the region.

Property prices set to soar?

Oliver Hickey, UK Sales Director of Profile Europe (UK) Ltd commented: “Dubai Waterfront is undoubtedly the most prestigious address within Dubai and with interest being so high, property prices here are expected to perform way above the regions average.

”At a time when the UK market is floundering and we are seeing property prices go into freefall, shrewd investors are buying off plan in Dubai knowing that there will be anticipated high capital appreciation in a market that has a solid foundation which has not been subject to the ‘credit crunch’ due to the fact that mortgages in Dubai have only recently become available.

”Add to this, the growing demand for rental properties and Dubai now being recognised as having the fastest growing population in the world and it is a win, win situation.”