Emaar Properties is one of the biggest development companies in the UAE, who has developed The Dubai Mall, and the highest skyscraper in the world, the Burj Khalifa. The multinational company was established in 1997 and to date, Emaar has 6 business segments as well as 60 subsidiaries in 36 markets all over the world. Properties from the developer are distinguished with the most comfortable living conditions which are always appreciated by potential investors and the tourist segment of the population.
We have prepared an article with the best Emaar oceanfront projects in the most popular waterfront communities in Dubai, such as Emaar Beachfront, Dubai Marina and Dubai Creek Harbour.
Properties in Emaar Beachfront
Emaar Beachfront is a gated community with a total area of 10 million sq. ft and is one of the most popular off-plan projects in the emirate of Dubai. The exclusive waterfront community was launched in 2018 and upon its completion, will offer 27 residential complexes with 10,000 housing units.
Properties in the area of Emaar Beachfront include 1-4 bedroom apartments, 3-4 bedroom penthouses and podium villas, which overlook the sea. Residents of Emaar Beachfront will enjoy sandy beaches with excellent amenities and hotel services by Address Hotels + Resorts. One of the main features of the district will be the region’s biggest marina that will house 1,400 berths and a 139,930 sqft retail mall within the same area.
The district has good transport accessibility and is located near Palm Jumeirah, Dubai Internet City, Dubai Marina and JBR. Residents of the Emaar Beachfront area will benefit from easy access to one of the main highways in the emirate – Sheikh Zayed Road. Emaar Beachfront is the number 1 selling location in Dubai, and by investing in Emaar Beachfront, owners can expect about 8–12% of annual rental returns.
Emaar Properties in Dubai Marina
The sought-after area of Dubai Marina is also known as the “Arabian Venice”, as the prestigious waterfront district houses many different residential buildings, restaurants, cafes, and hotels built up along the waterfront. The area is actually one of the smallest parts of Dubai, but one of the most built-up areas in the city. The Dubai Marina district is located between Jebel Ali and Al Sufouh and consists of 10 smaller districts. The area has an artificial harbour, which extends up to 1.8mi, and is the largest artificial harbour in the world, leaving behind Marina del Rey in California, USA.
The waterfront district has over 200 skyscrapers, which include residential towers, offices, leisure, fitness and medical facilities, and hotels. The main goal of Dubai Marina is to create an artificial city, which will feature all the necessary infrastructure for the comfortable living of its residents and workers. Annual rental returns in Dubai Marina constitute 5–6%.
Emaar buildings in Dubai Marina include 52|42 and VIDA Residences.
Emaar Properties in Dubai Creek Harbour
Dubai Creek Harbour is a huge waterfront neighbourhood, located on the bank of Dubai Creek. The district features different mixed-use projects, a marina, holiday resorts, entertainment facilities, a yacht-club and much more. The original name of Dubai Creek Harbour was called Lagoons, and was initially developed by Sama Developments, but due to the financial crisis in 2009 it was cancelled, and later rebranded.
The sustainable area of Dubai Creek Harbour includes several sub-communities such as Dubai Square, Creek Beach and The Island District. Annual rental returns in this district constitute about 4–5%.
How to Invest in Emaar Properties?
How to Invest in
Specialists at Metropolitan Premium Properties will help you to purchase off-plan real estate directly from the Emaar Properties development company. Buying of off-plan property has several advantages, for example, the developer has special offers like a DLD waiver. Another advantage is that off-plan property comes at much lower price than ready to move-in real estate. In addition, Emaar Properties offers flexible post-handover payment plans where investors can buy real estate and pay for it in small instalments instead of paying the full price upfront.
If you would like to learn more about other popular Emaar projects in Dubai, read this article.