Dubai is one of the most extraordinary and sophisticated cities on the planet. In addition to being one of the seven emirates that make up the United Arab Emirates, it is the headquarters of the oil industry and the central hub of trade in the region.
Characterized by luxury and its beaches, Dubai is among the five most visited cities in the world, and one of the favourite places for tourists is the Jumeirah residential area, which has the most famous beaches in the town, where Jumeirah stands out Beach Park, Umm Suqeim Beach and Open Beach.
Who has not ever fantasized about living in a luxurious home full of world-class amenities? Getting up every morning with stunning views, cool off in a heated pool, cook -if necessary- in high-end appliances, exercise without leaving home and then relax in a jacuzzi. Innovate Living is making your dream come true through its new project of luxurious villas in Palm Jumeirah.
When it comes to real estate, specifically in Dubai, luxury is the biggest and the most expensive. That is a trend we have had in the past, is shifting towards a discreet luxury. It is becoming more in the quality of the materials, how the property has been designed, the finishes and the views. In addition to finding impressive buildings and monuments to visit, more and more people decide to invest in this young country, especially in Palm Jumeirah, one of the largest human-made islands, named for its resemblance to a palm tree.
In the surroundings, there is nothing like Dubai. One of the main selling aspects of Dubai is the fact that you have nothing comparable in thousands of kilometres. Typical high-end luxurious residential areas in Dubai have always been Emirates Hills, Palm Jumeirah and Al Barari– those have been the prominent areas for the luxury villas.
For apartments and penthouses, Dubai Marina and Dubai Downtown have been a leader in the market, even though the average properties size in Marina is much larger than in the city centre. Dubai is an emerging market, but for high-level individuals, living in an established neighbourhood is essential. As a growing city, some areas are going to climb Dubai Hills of Emaar is the best example for villas and Citywalk for departments.
Many aspects have affected the Real estate development companies in Dubai. It is in a region with political problems. There are many conflicts, and that always influences the evolution of this market. Sometimes that means people were re-locating from nearby countries. But we are also affected by the global market, especially in Russia. Russian buyers have dried up. People in the Middle East have always been interested in investing in the US and the United Kingdom.
The privilege of owning a private beach or a private swimming pool with a Palm Jumeirah villa comes at a price, but it’s one that is well worth paying. A whole host of celebrity homeowners who has already staked their claim on this high-end property development are a testament to the luxurious lifestyle that Palm Jumeirah offers its residents as well as its visitors.