THE TOP 5 UPCOMING NEW PROJECTS IN DUBAI

In today’s ever-changing world investing your money to earn a good return has become important. With uncertainties like Covid-19, you must have a backup plan like an investment. While if you have decided to invest your earnings real estate sector of Dubai is one such area of investment to which you can allocate your money.

Today Dubai is a center of attraction among the investment circles. Dubai already has some of the city's most recognizable landmarks, such as the tallest building, the largest shopping mall, and uninhabited islands, but it never stops creating new ones. Even while the COVID-19 epidemic rages, builders continue to develop architectural marvels to beautify Dubai's ever-changing cityscapes in the years 2022 to 2023. Begin by taking a peek at some of the more intriguing upcoming projects right here. Even as the coronavirus outbreak rages on, builders aren't resting on their laurels this year. Instead, they're adding to Dubai's ever-changing skyline with more spectacular architecture. This is also because of the positive indicators and insights that the Dubai real estate sector is observing.

Today the city of gold Dubai has some of the most famous structures in the world, ranging from the highest skyscrapers in Dubai Creek Building Rise, to the world's leading retailers, to disputed islands, but it is constantly generating new notable landmarks. Here are the top 5 Dubai upcoming projects that are under construction for which people are waiting with great patience as these projects bring great investment opportunities.

Ain Dubai

Dubai is not a small-scale operation. The Ain Dubai is one of the upcoming mega projects in Dubai which will have the world's tallest Ferris wheel. Yes, you will be able to ride the gigantic Ferris wheel known as Ain Dubai in Dubai very soon. Many people are looking forward to this Dubai new construction project. The construction will require around 9,000 tonnes of iron. When completed, this innovative engineering marvel will be added to the list of Dubai's most renowned landmarks. Bluewaters Island is a 250-meter-tall feature with 49 pods. With it, though, comes a new title for the intriguing development near Palm Jumeirah. The world's tallest and tallest entertainment structure, previously known as Dubai-I, will be renamed Ain Dubai. Ain Dubai, the world's largest and tallest observation wheel, has temporarily closed its doors and will reopen in May 2022.

Reem Mall

This four-story commercial complex near Najmat is Dubai's upcoming project, which will span 2.8 million square feet. It will contain 535 retailers, 86 restaurants and bars, a supermarket, a kid's recreational area, an entertainment system, a 15-screen theatre, and the major attraction, a winter park spread across 11,623 square meters. Conventional attractions and activities would be provided as well. Some of the elements proposed for the building include a blizzard market and a snowflake park. The net lettable area of the mall is estimated to be 300,000 square meters. The Dubai Mall has 5.8 million square feet of internal space, 3.68 million square feet of net lettable space, over 1,200 merchant firms, two entire clothing stores, and over 200 restaurants and bars. The winter park will be fashioned after a snow-covered fantasy woodland and will have activities like sledding, snorkeling, and zip-lining.

Island Resort

The Island Resort is a $600 million beachfront project on Dubai's Jumeirah Beach that spans 3.6 million square meters. This would include a 900-seat theatre with only 80,000 square feet of area for MGM-organized conventions, festivals, marriages, and concerts. This would have 1,400 hotel rooms and apartments, 10 villas, indoor and external private pools, galleries, a beach resort, parking, water fountains, and docks, as well as an MGM-branded hotel and a Bellagio-branded resort. Private Island is a riverside development project on the Palm Jumeirah in Dubai. The beach resort on the island is an upcoming new project that would offer a variety of marine leisure services. Evening water performances would be planned, and the clubhouse and five-star amenities may be used for special events. The island is Dubai's upcoming project, which would be surrounded by a 1.4-kilometer-long corniche lined with cafés, restaurants, and retail facilities.

Atlantis Resort and Residences

This $1.5 billion luxury building, located near the Atlantis resort on Dubai's man-made island of The Palm Jumeirah, this new construction project is one of the most anticipated projects aimed at the ultra-rich. The program's innovative Jenga-like design includes a resort and a two-tower dwelling complex connected by a spa footbridge, as well as an oasis with pools, poolside, and cafes. There would be approximately 90 pools across the hotel and home parts, as well as a heated pool. This Dubai new construction would also feature a 1,800-metre-long isolated beach. Many of the hotel suites and apartment units will include full patios, swimming pools, and shaded patios. The remaining rooms would have their balconies as well as access to a public patio, a bar, and rooftop cafes. The Atlantis brand consists of two separate ocean-themed destination resorts: Atlantis Paradise Island in the Bahamas and Atlantis, The Palm Resort in the Bahamas. Under one brand, they own and operate seven of the world's top-rated luxury resort resorts.

Mohammed Bin Rashid Library

This new, upcoming project is the Mohammed Bin Rashid Library, a must-see attraction, that is slated to expand its operations in 2022. When completed, the Al Jaddaf library will house more than 4.6 million books, both written and e-books, as well as numerous areas for events, entertainment, and teaching, including local performances, exhibition spaces, and a 500-seat lecture hall. The library has approximately 7,000 specialty books and a plethora of high-quality tools and services.

To sum up:

If you are thinking to invest in the above-mentioned Dubai upcoming projects, you can consult real estate service providers like Inspire Real Estate, which is an award-winning agency in Dubai. The team at Inspire real estate will help you evaluate the best options available for you depending on the amount of money you want to invest. So don’t wait for the completion of these projects, get started with your homework before it’s too late.