Transformation of Dubai’s Real Estate through Al Maktoum International Airport
Dubai – a city of great expansion and innovation has observed additional transformations in the real estate sector. The question is why the seamless development of Dubai’s real estate sector has witnessed an incredible flesh out.
With the strategic establishment of Al Maktoum International Airport, the property sector of Dubai has potentially evolved at an unprecedented rate.
Al Maktoum International Airport will not only amplify the real estate sector of Dubai but will strengthen the transport infrastructure. Being the largest airport in the world, Al Maktoum International Airport will further enhance the aviation sector of Dubai.
With an increased rate of expats moving to Dubai and its standard of living – Dubai is specifically identified as the tourist and business hub. Hence, thousands of businessmen and tenants worldwide are attracted to locate in Dubai.
In addition, the presence of Al Maktoum International Airport at the center of Dubai World Central offers indescribable opportunities to real estate investors.
Furthermore, Al Maktoum International Airport is situated in the South of Dubai. This has supplemented the chances of developing Dubai South as a great urban property place due to its vicinity to the Airport.
The magnificent construction of Al Maktoum Airport serves as the global transport center. Ultimately, the economic development of Dubai in specific and UAE in general boosts at an unparalleled scale. Further, the project is unmatched due to its link with air, sea, and land gates.
Investors’ Choice
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Potential Returns
The proximity to Al Maktoum International Airport yields potential returns for investors in the rental market. This is because people prefer Dubai South for sustainable and smart living opportunities.
Moreover, different entrepreneurs and industries also thrive through the cohesive structure constructed in Dubai South.
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Increased Property Prices
Dubai’s Real Estate sector eventually grows due to the growing demand for properties near eminent transportation hubs. Furthermore, with the continuous expansion of Al Maktoum International Airport, the property values will multiply.
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Boosting Tourism
The development of Al Maktoum International Airport has specifically emphasized taking tourism to the next level.
The project developers are continuously launching new hotel projects near the Airport, offering investors a profitable investment. Thus, more hotel projects mean more tourism in the region with an innovative transportation system.
Exploring Major Establishments
Dubai South: Offering a variety of business parks, accommodation centers, and industrial sectors, Dubai South is an extensive region and a developing hub.
MAG: MAG has launched various real estate projects within proximity of the airport. These off-plan projects offer a sophisticated lifestyle and state-of-the-art amenities.
Emaar South: Offering modern architecture in the form of townhouses or villas, Emaar South is a true reflection of a sustainable community.
Expo City: Expo City is developed near the Al Maktoum Airport and exhibits a blend of business and residential properties.
The Oasis: Another newly launched project – the Oasis offers residential apartments within the vicinity of the airport.
Al-Maktoum International Airport also synonymized as Dubai World Central has the vision to become the largest airport by 2050. The capacity of passengers is projected to increase by 130 million passengers yearly by 2030. Hence, the airport is visualized as a stimulator for Dubai’s real estate sector.