29 April 2024

Top-selling real estate projects in Dubai under construction

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The latest report by Bayut revealed a list of the most popular properties under construction in Dubai for the first quarter.

The total number of real estate transactions in Dubai in the first quarter reached nearly 37,000, totaling AED 109.6 billion, indicating high investor confidence in the city’s real estate market.

The Bayut report noted an increase in demand for family homes, especially in luxury and mid-priced areas. The most sought-after properties are located in International City, Dubai South, and DAMAC Hills 2 for affordable housing, while luxurious options are found in Dubai Marina, Business Bay, Arabian Ranches, and Dubai Hills.

Meanwhile, interest in properties under construction is growing. Here are some of the most popular projects under construction in Dubai:

  1. Burj Binghatti Jacob & Co. Residences in Business Bay.

This project is a collaboration between the Emirati developer Binghatti and the luxury jewelry company Jacob & Co. It is expected to be the tallest residential structure in the world. The tower will feature two- and three-bedroom suites, ranging from approximately 8 to 10 million dirhams. The tower will include two-bedroom apartments called Sapphire Suite, covering 2000 square feet, and three-bedroom apartments called Emerald Suite, covering 3000 square feet. Three types of penthouses will also be available: Fleurs Jardin Penthouse, Astronomia Penthouse, and Billionaire Penthouse. Contact us for booking.

  1. JVC District 10 in Jumeirah Village Circle.

One of the 10 sub-communities within the larger Jumeirah Village Circle community, the district offers apartments under construction ranging from approximately 500,000 to 7.8 million dirhams. This area is the fastest-selling for apartments in the mid-market segment, as found by Bayut. It offers modern townhouses with one to five bedrooms priced from 550,000 to 2.29 million dirhams. Contact us for booking.

  1. Alaya in Tilal Al Ghaf.

Alaya in Tilal Al Ghaf is a new residential project located in the renowned Tilal Al Ghaf community, offering an exclusive collection of luxury villas with four, five, and six bedrooms developed by Majid Al Futtaim. Property prices start from 6.9 million dirhams. The premium residential and community spaces in Alaya have been designed for a comfortable urban living experience, focused on residents and family-friendly environments. Contact us for booking.

  1. Al Furjan West in Al Furjan.

Al Furjan West is a residential community located in the Al Furjan area of Dubai in the Jebel Ali district, currently under development by Nakheel. Contact us for booking.

  1. Villanova in Dubailand.

Villanova by Dubai Properties offers spacious villas and townhouses ranging from three to five bedrooms in a Mediterranean-inspired community with over 215,000 square feet of retail space, including shops, a clinic, a cinema, and a school. Contact us for booking.

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