The UAE has some of the most mega projects of all times, but to say the truth, majority are contained in Dubai. Over the years, Dubai’s management have attained great reputation through the Burj Khalifa, the Burj Al Arab, the Cayan Tower, and the various Lake Towers, etc.
However, this is a new era, and as the old achievements fade into the past, the Dubai and UAE have made sure that they do not fade into the crowd as regards real estate. There are now apartments in new development projects in UAE, and several of its parts.
For the past few years, the internet has been in a consistent buzz since these mega projects have been announced. Once again, it seems upon their conclusion, the UAE will once again make it to the Guinness Books of Records, and make history.
Super-Mega Projects in the UAE capable of making History
Here are some of the best mega projects being anticipated in the UAE. On how to invest in any of these properties read more on the official website Emirates.Estate.
1. Burj Bingatti
Competing closely with the Burj Khalifa, is the modern Burj Bingatti of 112 floors only. One would wonder how it manages to compete with the Burj Khalifa with that number of few floors. However, the Burj Bingatti aims to be the world tallest residential tower.
The Burj Bingatti is in the Business Bay and is targeted at 472-metre in height to beat the Central Park Tower in New York (the current holder of the title).
2. The Palm Jebel Ali Island
Competing with the Palm Jumeirah is the second Archipelago the Palm Jebel Ali Island which was commissioned in 2002 but halted until work resumed in 2009. It has been in developmental stage since then, and is being developed by the famous Nakheel Group.
The Palm Jebel Ali is larger than the Palm Jumeirah in three-folds and its construction is in the final stages. It falls in the free zone area and promises to be one of the most sought-after areas once it is completed. It promises to supersede the Palm Jumeirah in many of its glories and contain amazing community and luxury resorts.
3. The Urb, Agri Hub
Targeted to be the largest Agricultural resort in the world. Agri Hub promises to employ ten thousand workers, and provide a safe haven for plant life, agricultural cultivations, and food growing.
Investors picture a facility where science and technology are incorporated into making food safer, growing more local products for consumption and exportation, and also improving the climate in the region with more green life. It promises to combine agriculture and tourism in a unique unprecedented manner, and will increase the tourism value of Dubai.
4. Dubai Urban Tech District
Dubai has a knack for naming locations after their purpose; a typical example would be the Dubai Urban Tech District which is located in Al Jaddaf, Dubai. It aims at being the world largest tech district with modern technological innovations and a space for young and vibrant minds to explore the creation of AI initiatives. This facility will invite vibrant tech people from across the world, and has the capacity of boosting employments and digital advancement in the UAE. It is currently being developed by URB.
5. The UAE Etihad Rail
This Etihad Rail Line is one of the largest and longest in the UAE. It runs through its major cities, making way for easy transportation across the Emirates. You can travel from Abu Dhabi to Sharjah, and Dubai, or even take a train to Ras Al Khaimah.
The upside about considering this investment is that economic activities will start forming around the tracks as the real estate in those areas will begin to rise. The Rail is only seventy percent mature as it is still under construction.
6. The Reem Towers
The Reem towers are a set of classic residential towers that sprawl adjoining the city center. This is a choice place for investment for many people, and it is inviting investors on various payment plans. The Reem Towers have all that can be desired by singles and married people, or families ranging from parks to pools, and the Reem Mall, etc. Its opening is anticipated in 2024.
7. The Sharjah Forest District
The Sharjah Forest district is another amazing UAE project that investors should watch for. It consists of an aggregate of four thousand homes, and has residential units of varying sizes and capacities. The natural habitat is pleasing, peaceful and calm because the forest trees regulate the temperature and aids natural fresh air.
8. The Falcon Island in Ras Al Khaimah
Trust the UAE with its many aesthetic shaped Island. Palm Jumeirah is like a palm and the Falcon is like shaped like a falcon. The projects are still in its early stages having only being launched in 2022. There are many residential units still up for grabs for new purchasers.
9. Hatta, Hajar Mountains
The last on the list of places to target for off-plan units is the Hatta, which is located in the Hajar mountains. This mountainous city has an impeccable water fall, a hydroelectric plant, and an incredible tourism pull.
When complete, it will attract tourists from all over the world, causing a rise in the value of the properties there, patronage for the businesses that are set up there and quality relaxation time. It is unclear if Hatta will attract full time residents beyond tourists but it definitely has high expectations in the market, as one of the best places to invest off-plan.
In Brief…
- Burj Bingatti
- The Palm Jebel Ali Island
- The Urb, Agri Hub
- Dubai Urban Tech District
- The UAE Etihad Rail
- The Reem Towers
- The Sharjah Forest District
- The Falcon Island in Ras Al Khaimah
- Hatta, Hajar Mountains
Conclusion
Investing or monitoring the investment plane for when it is best to dive into the terrain could be a smart move as of now. These are high profile projects that are anticipated for the coming few years. Making an investment in them will carry significant profits in the UAE real estate.