Deira Islands in Dubai offers a range of land for residential, tourist and commercial properties
Deira Islands attract the interests of local and foreign investors, due to its strategic location, which has witnessed very important developments that have provided plots of land in distinctive beach locations, prepared for the implementation of various real estate projects, awaiting optimal exploitation that supports the competitiveness of the real estate sector in Dubai.
The construction and infrastructure of the area, estimated at a value of more than 8 billion dirhams, enhances the attractiveness of the lands allocated to the housing sector, in light of the large connections through bridges and the modern road network between the island and the various areas of Dubai, which made it one of the most prominent future tourist attractions in the emirate.
Ismail Al Hammadi, CEO of Al Rowad Real Estate, which specializes in real estate consultancy and marketing, said, "The Deira Islands project has become a reality and a frontage of Dubai's marine tourism destinations, to be added to the rest of the marine destinations with international facilities, including shopping malls, a network of modern roads, bridges and hotels, which are expected to enter service soon."
Al Hammadi added, "The project's attractiveness has boosted the demand for available lands in the area to make the Deira Islands an investment front similar to the Palm Jumeirah," adding, "The lands of the Deira Islands are very important for their proximity to Old Dubai and one of the most prominent tourist attractions in the region, as well as its proximity to the commercial district in Dubai, Deira and Al Sabkha." .
Al Hammadi stressed the importance of the project, which was launched in 2004 with a value of 11 billion dirhams, which brought a qualitative leap in construction and development, adding with it a movement in the real estate sector and the waterfront real estate market.
Al Hammadi explained that the project added, according to estimates, about 40 kilometers of coastline, and more than 21 kilometers of beaches to the Emirate of Dubai, which is a significant coastal area, especially in light of the demand witnessed by waterfront properties.
Al Hammadi stressed that large and huge investment opportunities are almost forgotten in the Deira Islands, calling on developers and investors to pay attention to them to add more momentum to the real estate sector.
Where the area provides a group of plots of approximately 50,000 square feet and medium heights for 7 repeated floors.
Al Hammadi pointed out that the Deira Islands hotel projects, upon completion, will enable its residents to overlook an area of 21 kilometers from Dubai's beaches, as well as the commercial centers that will be hosted in the region, such as the Deira Mall project, at a total cost of 6 billion dirhams.
Al Hammadi continued, when we talk about the fruitful real estate opportunities of “Deira Islands”, we are talking about a new investment value that any real estate developer can acquire and add to his real estate portfolio in Dubai, and at the same time, we are talking about opportunities similar to investment opportunities in “Palm Jumeirah” » on which no two disagree.
Al Hammadi concluded by saying that the islands are considered the new future of real estate development in Dubai, and one of Dubai's new tourist attractions, as the region is witnessing the opening of a series of markets, hotels and resorts, including the "Marfa Market", "Deira Night Market", and "Deira Mall", and Deira Island Towers, The Boulevard, and international brands of hotels.
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