Dubai real estate has been seeing increased investor interest, attracting both local and international buyers looking to capitalise on the region’s rapid development and economic growth.
There are several neighbourhoods in the city with vast offerings for different buyer preferences, among these Dubai Creek Harbour and Dubailand have several options for those looking to invest $1 million in the Dubai real estate market.
Dubailand is designed to combine residential, commercial, and entertainment spaces and contains a blend of leisure and living, featuring theme parks, sports facilities, and more. For $1 million, buyers in Dubailand can expect to acquire a villa or a townhouse, with properties in communities like Villanova, Mudon, and Arabian Ranches.
Situated on the banks of the Dubai Creek, this waterfront community is rapidly emerging as one of Dubai’s most sought-after addresses. With modern luxury with an iconic skyline view, Dubai Creek Harbour is a mix of cutting-edge design, luxury living, and elements of nature. Offerings include luxury apartments with access to premium amenities and waterfront living.
With a budget of $1 million, here is what you can get in Dubailand and Dubai Creek Harbour:
Arabella Townhouses
Price: AED3,700,000 ($1,007,346)
Location: Mudon, Dubailand
Features:
- Three bedrooms, four bathrooms
- 3,675 sq. ft.
- Built-in wardrobes
- Walk-in closet
- Majlis
- Shared swimming pool
- Community centre access
- Covered parking spaces
Address Harbour Point Tower 2
Price: AED3,700,000 ($1,007,346)
Location: Dubai Creek Harbour
Features:
- Two bedrooms, two bathrooms
- 1,103 sq. ft.
- Built-in wardrobes
- Open kitchen with appliances
- High floor
- Waterfront views
- Community pool access
- 24/7 concierge service
Arabella 3
Price: AED3,650,000 ($993,739)
Location: Dubai Creek Harbour
Features:
- Two bedrooms, two bathrooms
- 2,712 sq. ft.
- Built-in wardrobes
- Open kitchen with appliances
- Covered car parks
- Sports courts & outdoor exercise stations
- Balcony
- Public park
Creek Horizon Tower 2
Price: AED3,700,000 ($1,007,346)
Location: Dubai Creek Harbour
Features:
- Three bedrooms, three bathrooms
- 1,625 sq. ft.
- Built-in wardrobes
- Large layout
- Burj Khalifa views
Dubai’s real estate shift
Last month, Arabian Business reported that Dubai property prices are set to rise in 2024.
“Dubai for so many of us is now somewhere we call home. A city we have put down roots, opened businesses, grown families and bought homes. This dramatic change is reshaping the real estate landscape of Dubai and gives me tremendous confidence for the future sustainability of our market,” said Richard Waind, CEO of Betterhomes.
Apartments remain the most popular option among lower to mid-income tenants, while villas and townhouses are increasingly desirable for mid to higher-income groups.
It was also revealed that 36 per cent of homeowners plan to purchase an additional property for investment within the next one to three years. This trend is particularly strong among those with higher incomes.
The choice between Dubailand and Dubai Creek Harbour ultimately depends on your lifestyle preferences and priorities. Experts suggest careful market analysis before making an investment decision.
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