Out of the box

Deira Islands .. the forgotten investment opportunities in Dubai

Ismail Al Hammadi

07 June 2022

The Deira Islands project in Dubai is considered one of the largest and largest real estate projects in Dubai.

This project was launched in 2004 by “Nakheel Real Estate Company” with a value of 11 billion dirhams, and in 2013 the name of the project was changed to “Deira Islands”, and this change accompanied a qualitative leap in construction and development, adding with it a movement in the real estate sector and the real estate market The waterfront, where the project added, according to estimates, about 40 kilometers of coastline, and more than 21 kilometers of beaches to the Emirate of Dubai. A coastal area is not insignificant, especially in light of the demand witnessed by waterfront properties.

Large and huge investment opportunities are almost forgotten in the "Deira Islands", and developers and investors should pay attention to them to add more momentum to the real estate sector.

The Deira Islands project is considered one of the distinguished sites for launching luxury real estate projects that are witnessing a decline in supply in the market, compared to a high demand for it.

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 the investment opportunities in “Palm Jumeirah”, which are not Two differ.

“Deira Islands” is characterized by a developed location, spaces, views and infrastructure, where the figures indicate spending more than eight billion dirhams to develop its infrastructure and link it with bridges. And resorts, including the Harbor Market, Deira Night Market, Deira Mall, Deira Island Towers, The Boulevard, and international brands of hotels.

In light of this development and movement in the "Deira Islands", how do you see the major investment opportunities that it provides to developers, which will change the coastal landscape in Dubai in the future?

Especially since the area has plots of land in distinctive beach locations, ready for the implementation of various real estate projects, awaiting optimal exploitation that supports the competitiveness of the real estate sector in Dubai.

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Deira Islands is a new investment value that any real estate developer can acquire.