Real Estate In Dubai
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Real Estate In Dubai
Real Estate in Dubai refers to the market for property development and investment in the emirate of Dubai, United Arab Emirates. Real estate is a significant contributor to Dubai's economy, accounting for a substantial portion of the city's GDP. Dubai's real estate market has experienced growth and transformation, driven by the city's rapid economic development, strategic location, and urban planning. Real estate is a driver of Dubai's economy. The city's real estate industry is regulated by the Dubai Real Estate Regulatory Agency. History The Dubai government established the Dubai Land Department in 1960 to manage the city's land and property assets. The department is responsible for registering all real estate transactions and ensuring that all property-related laws and regulations are followed. In the 1980s and 1990s, the city's property market was primarily driven by the oil industry. However, with the decline of the oil industry, the government of Dubai began diversifying it ...
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Dubai
Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates and the capital of the Emirate of Dubai. It is located on a Dubai Creek, creek on the south-eastern coast of the Persian Gulf, Persian Gulf. As of 2025, the city population stands at 4 million, 92% of whom are Expatriates in the United Arab Emirates, expatriates. The wider urban area includes Sharjah and has a population of 5 million people as of 2023,https://www.demographia.com/db-worldua.pdf while the Dubai–Sharjah–Ajman metropolitan area counts 6 million inhabitants. Founded in the early 18th century as a Cultured pearl, pearling and fishing settlement, Dubai became a regional trade hub in the 20th century after declaring itself a f ...
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Jumeirah Beach Residence
Jumeirah Beach Residence (also known as JBR) is a long, gross floor area waterfront community located on the coast of the Persian Gulf in Dubai Marina in Dubai, United Arab Emirates. It is a residential development and contains 40 towers (35 are residential and 5 are hotels). JBR can accommodate about 15,000 people, living in its apartments and hotel rooms. The Project has 6,917 apartments, from studios to penthouses. JBR has a total of six residential blocks, Shams, Amwaj, Rimal, Bahar, Sadaf and Murjan (in order from west to east). JBR is within walking distance to Dubai Marina, Dubai Tram and Dubai Metro. The developer, Dubai Properties (a subsidiary of Dubai Holding), launched JBR in August 2002. This 6-billion United Arab Emirates dirham, dirham project was completed in 2010. The Walk The Walk at Jumeirah Beach Residence is a 1.7-kilometre strip on the ground and plaza levels of the complex. It was developed by Dubai Properties, was completed by 2007 and opened official ...
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The Dubai Mall
Dubai Mall () is the largest shopping mall in Dubai. The mall is part of Downtown Dubai and is located adjacent to the Burj Khalifa. It includes over 1,200 shops. History Dubai Mall was inaugurated on 4 November 2008, with about 1000 retailers. In 2011, Dubai Mall was the most visited building on the world and it attracted over 54 million visitors. In January 2023, the shopping mall announced that it was officially changing its name from "The Dubai Mall" to "Dubai Mall". Dubai Mall has received a record 105 million visitors in 2023, a jump of over 19 per cent from the previous year which had 88 million visitors. In June 2024, real estate developer Emaar Properties announced a 1.5 billion dirham ($408 million) expansion of Dubai Mall. Statistics Dubai Mall recorded 61,000 tickets sold for the Dubai Aquarium and Discovery Centre in the first five days, following its opening. Dubai Mall hosted over 37 million visitors in 2009, and attracts more than 750,000 visitors ever ...
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Dubai Frame
The Dubai Frame () is an observatory, museum and monument in Zabeel Park, Dubai. It holds the record for the largest frame in the world. The building has a height of 150.24 meters and a width of 95.53 meters. The building mainly serves as an observatory, providing views of old Dubai in the north and newer parts in the south. The project idea was initially conceived by Fernando Donis through an architecture competition by ThyssenKrupp and Dubai Municipality, and selected as the winner of a design competition by an international jury. Donis has alleged that he had his intellectual property stolen and was denied credit for the design. The final project was completed by Hyder Consulting, part of Arcadis NV. It opened in January 2018. The Dubai Frame can take only 200 visitors per hour. Only groups of 20 will be sent to each of the augmented-reality stops – the Mezzanine level, the Sky Deck level and the Vortex Level. Architecture competition The design was selected as the winner o ...
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Mohammed Bin Rashid City
Mohammed Bin Rashid City, also known as MBR City, is a planned mixed-use development in Dubai, United Arab Emirates. History In November 2012, the Ruler of Dubai, Mohammed bin Rashid Al Maktoum, announced the establishment of what he termed a new "city" within Dubai. The complex was to contain four components: * Family tourism, including a park established in collaboration with Universal Studios, with an annual capacity of 35 million visitors and more than 100 hotel facilities, the largest family leisure and entertainment complex in the Middle East, Africa, and Indian subcontinent; * Retail, featuring the largest mall in the world, the Mall of the World, with 750,000 m2. of air-conditioned space; * Arts, including the largest area for art galleries in the MENA region; and * Entrepreneurship and innovation. The drawings showed the allocated land for the development to be bordered by Emirates Road, Al Khail Road and Sheikh Zayed Road. The complex would also include Mohammad bin ...
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Dubai Creek Tower
Dubai Creek Tower () is a proposed supported observation tower to be built in Dubai, United Arab Emirates. The preliminary cost of the tower was estimated at AED 3.67 billion. It was expected to be completed in 2021 at the earliest, but tower construction was put on hold at the start of the COVID-19 pandemic. Project developer Emaar Properties talked about a minimum height of at least ; however, in February 2024, it was reportedly reduced to be less than the height of Burj Khalifa, Dubai's tallest skyscraper. The design is inspired by the Islamic architectural tradition, specifically, the architecture of minarets. Floors will be mostly observation decks or sky gardens. An antenna will be used for broadcasting. The tower is being built on a waterfront area in Dubai Creek Harbour. Concept Emaar chairman Mohamed Alabbar described the new project as an "elegant monument" which is going to add value to property being developed by the company along the city's creek. "T ...
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Business Bay
Business Bay (: ''Al-Khaleej Al-Tijari'') is a central business district under construction in Dubai, United Arab Emirates. The project features numerous skyscrapers located in an area where Dubai Creek has been dredged and extended, and located immediately south of Downtown Dubai. Business Bay will have upwards of 240 buildings, comprising commercial and residential developments. The infrastructure of Business Bay has been completed in 2008, and the entire development was expected to be completed between 2012 and 2015. Business Bay is part of the vision of Sheikh Mohammed bin Rashid Al Maktoum, Mohammed Bin Rashed Al Maktoum, UAE Vice President, Prime Minister, Minister of Defence, and Ruler of Dubai. Business Bay will be a new 'city' within the city of Dubai and is being built as a commercial, residential and business cluster along a new extension of Dubai Creek extending from Ras Al Khor to E 11 road (United Arab Emirates), Sheikh Zayed Road. Covering an area of , it is compose ...
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Dubai Canal
Dubai Canal is an artificial water canal unveiled on 2 October 2013 and inaugurated on 9 November 2016. The canal sidewalk comprises one shopping centre, four hotels, 450 restaurants, luxury housing, walkways and cycle paths. It is a long project starting from Business Bay into the Arabian Gulf through Safa Park and Jumeirah west of the Indian Ocean. The width ranges from to . It is feet deep and be crossed by high bridges. It creates new public places and facilities with a total area of with private marinas for boats and a trade centre at the entrance of the canal. The development was designed by AE7 Architects and Planners. Built by BESIX Group subsidiary Six Construct, the canal is crossed by 3 pedestrian/bicycle bridges, including the Dubai Water Canal Bridge, better known as the Twisted Bridge and now renamed Bridge of Tolerance, so named by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai on Novembe ...
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Dubai Marina
Dubai Marina (), also known as Marsa Dubai, is a district in Dubai, United Arab Emirates. It is built around an artificially constructed canal along a stretch of the Persian Gulf shoreline. In 2018 it had a population of 55,052. The district can accommodate over 120,000 people, and is located on Interchange 5 between Jebel Ali Port and the area which hosts Dubai Internet City, Dubai Media City, and the American University in Dubai. The Dubai Marina was inspired by the Concord Pacific Place development along False Creek in Vancouver, Canada. There have been many instances of marine wildlife, especially whales and sharks, entering the marina because of its proximity to the open sea. Development To create the marina, the developers brought the waters of the Persian Gulf into the site of the Dubai marina, creating a new waterfront. There is a large central waterway excavated from the desert and running the length of the site. More than 12% of the total land area on the sit ...
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Urban Planning
Urban planning (also called city planning in some contexts) is the process of developing and designing land use and the built environment, including air, water, and the infrastructure passing into and out of urban areas, such as transportation, communications, and distribution networks, and their accessibility. Traditionally, urban planning followed a top-down approach in master planning the physical layout of human settlements. The primary concern was the public welfare, which included considerations of efficiency, sanitation, protection and use of the environment, as well as taking account of effects of the master plans on the social and economic activities. Over time, urban planning has adopted a focus on the social and environmental "bottom lines" that focuses on using planning as a tool to improve the health and well-being of people and maintain sustainability standards. In the early 21st century, urban planning experts such as Jane Jacobs called on urban planners to take ...
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Palm Islands
The Palm Islands consist of three artificial island, artificial archipelagos: Palm Jumeirah, Dubai Islands (formerly known as Palm Deira or Deira Islands), and Palm Jebel Ali, off the coast of Dubai, United Arab Emirates. The Palm Islands were constructed around the same time as The World (archipelago), The World Islands. Nakheel Properties is the Palm Islands real estate developer. The creation of the islands began in 2001 and ended around 2006/2007. These islands have significantly impacted ocean sediment and wildlife in the surrounding area. Islands Current projects Palm Jumeirah () is the site of numerous private residences and hotels. From the air, the archipelago resembles a stylized palm tree within a circle. Construction began in 2001 and was financed mainly by Dubai's petroleum income. By 2009, 28 hotels had opened on the site. The opening ceremony of the Palm Jumeirah was held in 2010. The Atlantis The Palm, Dubai, Atlantis and Atlantis The Royal Residences are the la ...
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Downtown Dubai
Downtown Dubai or The Dubai Downtown is a large-scale, mixed-use complex in Dubai, United Arab Emirates. It was developed by the Emaar Properties, Emaar real estate development company. Before 2000, this area was called ''Umm Al Tarif''. It is home to some of the city's most notable landmarks, including Burj Khalifa, the world's tallest building; the Dubai Mall, the second-largest mall in the world and The Dubai Fountain, the world's largest choreographed fountain. It covers an area of , at an estimated cost of US$20 1000000000 (number), billion (Dh73 billion) upon completion and, as of 2017, has a population of 13,201. The development is situated along Sheikh Zayed Road, across from Al Wasl, Dubai, Al Wasl locality on the northwest. It is bounded to the south by Business Bay and to the northeast by Financial Centre Road, which separates it from Za'abeel, Dubai, Zabeel and Trade Centre 2. At the heart of Downtown Dubai will be Emaar's famous development, the Burj Khalifa and the ...
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