The Dubai off-plan property market presents homeowners and investors with intriguing opportunities. These ongoing construction or planning-stage developments provide you with the opportunity to acquire your ideal residence at a reduced initial investment. Dubai off-plan property is an appealing choice due to the substantial value increase that may occur upon their finalisation.
This week, we’re thrilled to set our sights on The Greenway, the newest Dubai off-plan residential masterpiece from Emaar, a developer with a stellar reputation. Some of Dubai’s most famous buildings such as the Burj Khalifa and Dubai Mall, were constructed by Emaar. A luxurious lifestyle and exceptional quality are assured by this pedigree. This blog will provide details of The Greenway, including an examination of the developer’s noteworthy history, the features and amenities of the development, the investment potential of the prime location, the assortment of available floor plans and layouts, and lastly, the affordable starting price and payment options that render this opportunity attainable.
About the Developer – Emaar
The developer of this stunning Dubai off-plan property is Emaar, a $20b market cap, globally renowned real estate developer based in Dubai famous for its iconic projects such as Burj Khalifa, the world’s tallest building and the Dubai Mall, the world’s largest shopping mall. Emaar is also a master developer of Downtown Dubai and Dubai Marina.
Operating since 1997, Emaar has delivered more than 100,000 units and has built a solid reputation for building the best community lifestyle for its residents. Early investors have historically pocketed substantial capital gains and have experienced higher rental demand in Emaar communities. Their portfolio boasts a diverse range of developments, including residential, commercial, hotels and leisure destinations.
With a history of delivering exceptional Dubai real estate projects that redefine skylines and lifestyles, Emaar continues to be a symbol of reliability and excellence in the real estate sector.
About the Development – The Greenway by Emaar
Here are some of the finer details of The Greenway, exploring the world-class amenities that will elevate your lifestyle and the thoughtfully designed layouts that cater to diverse living preferences.
Name: Greenway by Emaar.
A collection of 232 beautifully designed 3 and 4 BR townhouses.
Other amenities includes:
● 18 hole golf course
● 25 neighbourhood parks
● Linear parks
● Community centre & club houses
● Kids play area
● Multi-purpose courts
● Fully equipped gyms
● Swimming pools
● Jogging tracks
● Events area
The Location of The Greenway by Emaar
This Dubai off-plan property is located in Dubai South in a community called Emaar South which is a master community by Emaar.
As they say, in real estate investing it’s all about location, location, location. So, let’s look at one by one,
- The distance between the community and other main attractions
- Dubai South as a potential area of investment in Dubai &
- Emaar South as a community
The community is located just
- 7 mins to Al Maktoum International Airport which is going to be the world largest airport when operational
- 10 mins to Expo City
- 20 mins to Dubai Marina
- 30 mins to Downtown Dubai / Business Bay / DIFC
- 50 mins to Abu Dhabi
Now let’s look at Dubai South itself and why investors should consider investing early.
1. Planned-Master Community: Dubai South, a Government entity chaired by HRH Sheikh Ahmed Bin Saeed Al Maktoum is responsible for developing the area. It is a meticulously planned community of 145 sq km with modern infrastructure and amenities ensuring a high quality of life for residents and attracting tenants. Residential projects for over 1m residents have been planned with over 500,000 expected job opportunities.
2. Government Support: The Dubai government’s commitment to the development of Dubai South as a strategic economic and residential hub provides investors with confidence and assurance in their investment.
3. Strategic Location: Dubai South’s proximity to Al Maktoum International Airport, Jebel Ali Port, Expo City, Palm Jebel Ali and major highways makes it a key transportation hub, attracting businesses and driving demand for real estate both from Dubai and Abu Dhabi.
4. Proximity to Expo 2020 Site: Dubai South is strategically located near the Expo 2020 site, offering opportunities for rental income and capital appreciation due to increased visitor traffic during and after the events.
5. Strong Developer Presence: With reputable developers like Emaar Properties, Expo City, Damac involved in projects within Dubai South, investors benefit from trusted names in real estate known for quality and reliability.
6. Infrastructure Development: The area is witnessing rapid infrastructure development, including transportation networks, schools, healthcare facilities, and recreational amenities, enhancing its attractiveness to investors and residents alike. In excess of 25b AED was spent to put in a state of art infrastructure for Expo which is now benefiting the whole area.
7. Diverse Property Options: Investors have a wide range of property options to choose from, including residential apartments, villas, commercial spaces, and mixed-use developments, catering to different investment preferences and budgets.
8. Attractive Rental Yields: The combination of strong demand from tenants, particularly expatriates and professionals, and relatively low vacancy rates in Dubai South can lead to attractive rental yields for investors.
9. Opportunities for Capital Appreciation: With ongoing development projects, infrastructure improvements, and the area’s strategic importance, investors in Dubai South can potentially benefit from significant capital appreciation over the long term.
We have looked at the distance and why Dubai South shouldn’t be ignored as an area of Dubai off-plan property investment. Now, let’s look at Emaar South as a community!
We all know Emaar is well-known to build the best Dubai off-plan property & communities to invest and live in. Communities like Arabian Ranches, Dubai Hills Estate, Creek Harbour are some of the examples of the exceptional lifestyle it provides to its residents.
Emaar South is a mixed-used master community offering world-class luxury residences in 6 different sub-communities.
The community is offering 22,700 residential units and 53,000 sqm of retail and dining space and a 18 hole championship golf course with 25 neighbourhood parks.
Layout, Floor Plan & Sizes of The Greenway by Emaar
As discussed there are 232 3&4 BR THs in this Dubai off-plan property.
- 116x units of 3BR
- BUA 3,093 sq ft
- Plot 1,800 – 2,200 sq ft
- 116 units of 4BR
- BUA 3,513 sq ft
- Plot 2,748 – 5,487 sq ft
A choice of 2x facades are offered. Each room is designed to maximise space and light, with huge floor-to-ceiling windows providing generous views of the 18-hole championship golf course.
The Floor Plan of The Greenway by Emaar
- 1 type of layout for each 3 & 4BR
- 4BR has a guest bedroom downstairs… 3BR not..!
- Lounge on the second floor can easily be used as a bedroom
Starting Price & Payment Plan for The Greenway by Emaar
- 3BR starting from AED 3.15m
- 4BR starting from AED 3.68m
Payment plan – typical 90:10
Benefits of Investing in Dubai Off-Plan Property
Making an investment in Dubai’s off-plan property market grants access to a multitude of advantages. To begin with, acquiring your ideal Dubai off-plan property will require a significantly reduced initial investment in comparison to fully developed ventures. This enables one to commence market operations with a reduced capital outlay. Furthermore, with the advancement of construction and the impending completion date of the Dubai off-plan property, its value is anticipated to increase, presenting a substantial opportunity for capital appreciation. This indicates that you may be able to sell your Dubai off-plan property for a greater profit in the future. Lastly, a considerable number of developers in Dubai provide appealing and adaptable payment plans for Dubai off-plan property investments, thereby expanding the pool of potential investors who can participate in these off-plan opportunities. By spreading out staggered instalments and making smaller down payments throughout the construction phase, one can effectively manage their Dubai off-plan property investment. Therefore, if you are in search of an investment opportunity that offers growth potential, affordability, and flexible payment options, it is highly advisable to consider Dubai’s off-plan market.
Conclusion
That’s all for our deep dive into The Greenway by Emaar! We hope that all these details have sparked your interest in this exciting Dubai off-plan opportunity. If you’re looking for a luxurious and well-located Dubai off-plan property with the backing of a world-renowned developer, The
Greenway could be your perfect fit. Remember, with Dubai off-plan properties, early decisions are key. Don’t miss out on the potential benefits of investing in the Dubai off-plan property market, such as securing a lower initial price, capital appreciation as the project nears completion, and attractive payment plans. Stay tuned for future updates, and don’t hesitate to reach out if you have any questions!