Trending Residential Locations in Dubai- Big Data Analysis

Living in Dubai is considered one of the most exciting experiences you will ever get to have for the city has everything to offer to tourists and residents. It’s a known fact that the city of Dubai has been developing so fast the past years that it became the ultimate destination for those looking to live and work there. When moving to Dubai, you must check the city’s top residential locations if you wish to experience an authentic Dubai escape. Without any further ado, here we give you the trending residential locations Dubai you should consider before moving.

1- Dubai Marina

Home to some of Dubai’s newest and most fascinating buildings, Dubai Marina has earned the right to be on the top of this list. According to recent statistics, 7.99% of the total inquiries about residential locations to move in are for Dubai Marina.

The 50 million sq ft waterfront community features a large canal spanning 3.5 km, offering access to the sea from both ends.

This luxurious community is divided into ten districts, each treated as a separate community. The entire project comprises of several high-rises with luxury apartments as well as villas set against the backdrop of the Marina. It is also the home of  150,000 sq m Dubai Marina Mall complex as well as entertainment destination; The Address Dubai Marina, a 5-star premium hotel with serviced residences; and Marina Plaza – an exclusive commercial tower.

When it comes to luxury living, Dubai Marina is the first choice for the stylish and sophisticated.

2- Jumeirah Lake Towers

Sandwiched between Shaikh Zayed Road and the Jumeirah Islands/Emirates Living developments, Jumeirah Lake Towers – located in New Dubai – reached 5.38$ total inquiries last year.

Featuring 5 hotels, 2 universities, 66 commercial and residential towers, parks and running tracks that are all grouped around four artificial lakes, Jumeirah Lake Towers covers an area of 1.35 million square feet and features over 540 retail outlets with over 300 restaurants & cafés  from all corners of the globe that cater to every taste.

The community features only hotels in addition to a pedestrian-friendly network of footpaths that surround its waterways so that residents and visitors can enjoy a refreshing afternoon walk or run.

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3- Downtown Dubai

Recognized as the most visited destination and the third asked for residential location with 3.80% of total inquiries; Downtown Dubai is one of the reasons behind Dubai’s economic growth and its reputation as a global city.

The development hosts some of the city’s most sought-after attractions from Burj Khalifa, The Dubai Mall that hosts Dubai’s new sensational Olympic-size ice rink, The Dubai Fountain, and the arabesque shopping and dining out destination, Souk Al Bahar.

On top of all that, the community also features Dubai Opera, a 2,000-seat multi-format events venue in addition to five-star hotels that include the world’s first Armani Hotel and Emaar’s flagship Address as well as high-end residential buildings.

The development features top-notch amenities such as Dubai Aquarium, Kidzania, Cinemas, Downtown and Dubai Trolley. This is one residential location that truly offers a true Dubai experience.

4- Palm Jumeirah

With a total of 3.79% of the total inquiries for top trending residential locations in Dubai,  Palm Jumeirah is famous for its skyscrapers that overlooks Dubai’s breathtaking skyline as well as stylish apartments and international restaurants.

Palm Jumeirah is the world’s largest man-made island that features a two-kilometer-long trunk, a crown made up of 17 fronds built on water and a surrounding crescent.

The palm-tree shaped community was originally billed as the Eighth Wonder of the World. This is where you will find many luxurious shoreline apartments and villas as well as the most prestigious hotels in the world such as Atlantis, The Palm, Anantara The Palm Dubai Resort, Kempinski and more.

5- Business Bay

Known as the region’s business capital, Business Bay Dubai competes with New York Manhattan and Tokyo’s Ginza District as one of the biggest business centers in the world. The freehold development sprawls over an area of 64 million square feet where it has been built along the extension of Dubai Creek.

Comprising over 200 residential, commercial and retail towers, Business Bay Dubai received in 2017 3.37% total inquiries from potential buyers. The reason this development remains an attraction to potential buyers from all corners of the globe is that is the definition of “city within a city”.

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Some of the unique projects that distinguish the development are Executive Towers, Bay Avenue, Burj Al Alam, Signature Towers, DAMAC Maison Canal Views and Armani Hotel Dubai.

6- Jumeirah Village Circle

The development’s competitive prices have made it a popular area for potential buyers looking to live a luxurious and sophisticated lifestyle. The number of total inquiries in 2017 reached 3.33%.

Jumeirah Village Circle is equipped with facilities such as parks, sports fields, schools and mosques that cater to all residents’ needs and requirements. The project comprises of villas, townhouses, apartments as well as hotel/serviced apartments in addition to commercial buildings.

All JVC units are designed to embrace the principles of village life in an urban setting and provide ultimate privacy.

Its proximity to locations such as Dubai Marina, Jumeirah Lake Towers, and Jebel Ali, among others makes it a trending residential location in Dubai where off-plan transactions have registered a remarkable increase during 2017.

7- Deira

The oldest part of Dubai, Deira has so many things to offer its visitors and residents from five-stars hotels and restaurants to souks and shops. Deira souks are known for its good quality, price, and authenticity.

The area also features entertainment centers and cinemas as well as some of the best schools in the city such as Cambridge International School.

Deira is known for its cheap rental prices and perhaps that’s what made 3.17% of potential buyers interested to invest in the area.

8- Dubai Silicon Oasis (DSO)

Dubai Silicon Oasis is a business and residential community that is rich in innovation, technology, and convenience.

Besides being a free zone area in Dubai and the perfect place for entrepreneurs (both local and foreign) to start their own business, the DSO community features state-of-the-art establishments, educational institutions, healthcare facilities, residential villas and apartments, as well as a wide array of lifestyle amenities.

The entire community offers residents and visitors a unique set of outstanding technology, facilities, and services that won’t be found elsewhere in the region or the world.

*This article is by Jamie Moulton for Gulf Insider. Jamie works for JustProperty.com, Dubai’s leading real-estate listing portal. You can check them out here https://www.justproperty.com/en/. 

 

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