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New residential developments are cropping up all over Dubai, with the pace of new projects, especially apartment buildings, increasing. The demand for luxury properties has been on the rise, thanks to expats and local residents who value their homes as an extension of their lifestyles. This means more homes are being built to cater to the growing demand. Additionally, new developments in Dubai remain one of the most in-demand assets among investors who see long-term value in it. Apartments and villas remain hot picks for investors thanks to the steady rental yields and capital appreciation potential they offer. In this article, we’ll take a look at some of the new residential developments in Dubai provided by developers in the UAE, their key features, and where they are located.
Riviera, MBR City
Azizi Developments’ Riviera is a waterfront residential project in the heart of MBR City. The luxury apartment complex offers a central location, easy access to public transport, and plenty of entertainment options. The site will also feature lush greenery and amenities such as plenty of restaurants and shopping options. The Riviera is one of the most anticipated luxury residential projects in Dubai, but it also has the option for those interested in commercial property for sale in Dubai. When looking for new developments in Dubai to invest in, the Riviera is one of the top choices as it is an excellent investment for both investors looking to diversify their portfolios and individuals looking to immerse themselves in luxury.
Cavalli Estates, DAMAC Hills
DAMAC’s Cavalli Estates is a residential project in Dubai’s new commercial hub of DAMAC Hills. The gated community is also home to a number of commercial and residential properties, including the Trump International Golf Club Dubai. The Cavalli Estates will offer spacious villas with a private garage and a private pool. Residents can also enjoy having the beach on their doorsteps, as well as many other amenities.
Seagate, Rashid Yachts & Marina
Emaar’s Seagate is a waterfront residential project in Dubai’s Rashid Yachts & Marina. The Seagate was designed and developed as a world-class residential property. Residents will be able to enjoy a luxury waterfront community with wide roads, walkways, and boulevards. The project will also have dedicated parking areas for residents and visitors.
LIV Marina, Dubai Marina
LIV Developers’ LIV Marina is a new waterfront residential project in Dubai. The project is located within the Dubai Marina and will feature luxury waterfront apartments with the option of studio apartments to three-bedroom apartments. Redefining the skyline of the Dubai Marina, the LIV Marina development will be 44 stories to optimize the view of the marina for every apartment.
The Dubai property market remains strong, thanks to the economic stability of the UAE and its growing popularity as a tourist and business destination. New residential developments in Dubai can change quickly, with more projects being announced and completed every year. This makes it important to stay updated on the latest project launches and changes to existing projects to find the best value proposition.