Dubai Launches AED 1.7 Billion Dream Harbor Project.

Dubai Waterfront has been attracting all kinds of interest since it was first announced to the world. Initially very little information was available, but now more and more developers are announcing their plans for this truly breathtaking project. The Dubai Waterfront will become yet another icon of Dubai real estate alongside the likes of the Palm Jumeirah and Burj Dubai. With developer Nakheel the master developer behind the project you can rest assured of it surpassing expectations. The mega project will consist of a number of different zones and combine freehold property from a range of developers.

The has now stepped into the foray, with its AED1.7 billion Dream Harbor Project. The developer already has other freehold projects in Dubai Business Bay, International City and Discovery Gardens but has now decided to further its portfolio with its venture into one of the most advanced developments in the world. At AED 1.7 billion, it is no small undertaking, but the Dream Harbor Project looks like it will prove a big success for the developer if early reaction is anything to go on.

Located on just under 68,000 square feet of land, it will provide a total built up area of 750,000 square feet within the towers 48 stories. And it will also come with the now almost obligatory retail space, swimming pool, steam rooms and saunas. However all of this won’t come cheap. Prices are set to start at around AED 1,995 per square foot, but then after all this isn’t your typical devolvement, not is Dubai your typical location.

If the Dream Harbor doesn’t meet your requirements you need not worry, as the Dubai Waterfront isn’t going to be short of freehold property. Arching around the Palm Jebel Ali, The Dubai Waterfront measures around1.4 billion square feet, making the development somewhere in the region of twice the size of Hong Kong Island, and it will add 70Km to Dubai’s coastline.

With iconic property such as Al Burj, the 750 meter skyscraper at its centre, The Dubai Waterfront will overtime continue to release property that will no doubt provide a good investment and an even better place to call home. This is certainly one development worth keeping an eye out for, as property here will be in big demand.

Those lucky enough to get in on the off plan property that comes up for sale here will almost certainly reap the benefits down the line. To keep up to date with all the goings on at the Dubai Waterfront and Dubai freehold property in general, keep checking back regularly.     

For Dubai Property Sale or Property Dubai we can always assist.
 

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