Decoding Dubai’s latest obsession with waterfront properties

By Olga_Gafurova Friday, 11 August 2023 7:07 PM

Decoding Dubai’s latest obsession with waterfront properties

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Nestled along the shimmering shores of the Arabian Gulf, the United Arab Emirates offers an exceptional opportunity for residents to experience the beauty of waterfront living.

Waterfront properties offer stunning views of the sea, ocean, and marinas set against iconic vistas with great landscapes featuring some of the world's most popular skylines, including but not limited to Dubai and Abu Dhabi. These cities boast captivating skylines that attract people from all over the globe, providing an unforgettable experience for those looking to enjoy the beauty of these waterfront locations. Home to a vibrant lifestyle, with plenty of restaurants, retail options, and cultural attractions, they make for a great place to live for people who enjoy being active and social.

Not just that, seafront escapades allow for cooler feels at home even if you’re caught in the middle of sweltering heat. These properties can often command a premium price, making them a good investment for those who are looking to buy for a greater appreciation in the long run. Among Dubai and Abu Dhabi’s top hotspots, waterfront destinations are plentiful. In a scenario like this, where does one even begin? If you’re looking to embrace the flow and sea’ze the view all day everyday, the team at Property Finder has rounded up some of the top waterfront communities to look out for in 2023.

Palm Jumeirah

The world-renowned Palm Jumeirah stands as an iconic symbol of progress and innovation. Its unique man-made archipelago is home to some of the most expensive and exquisite beachfront properties and exclusive resorts. Continually retaining its spot as one of the top choices for apartment owners in Dubai, the residents of Palm Jumeirah enjoy unparalleled luxury and access to a range of high-end dining, entertainment, and leisure options.

Dubai Marina

Dubai Marina is one of Dubai’s busiest urban waterfront neighborhoods. As such, from the 158 areas in which real estate transactions took place during the second quarter of 2023, Dubai Marina led with a staggering 14% of the total value of transactions. It is a vibrant lifestyle amidst a stunning skyline of skyscrapers. For those seeking a fast-paced and dynamic waterfront experience, this thriving community provides a wide range of living options to choose from - be it studios, one or two-bedroom apartments. All are within easy reach from some of the city’s most visited locales.

Al Jaddaf Waterfront

Located along Dubai Creek, Al Jaddaf is where old meets new at the heart of the city with great views, amazing properties and a wide variety of cultural attractions. As an emerging waterfront destination, Al Jaddaf boasts upscale developments that provide breathtaking views of the city's skyline and convenient access to Dubai's traditional hubs. Developments are surrounded by the plush Palazzo Versace Hotel and the illustrious Mohammed Bin Rashid Library - both very close and open to scenic views of Dubai Festival City, where you can explore a host of retail, dining and entertainment options.

Jumeirah Beach Residence (JBR)

JBR is synonymous with beachfront living, where residents enjoy direct access to the sandy shores of the Arabian Gulf. The waterfront promenade is lined with boutiques, cafes, restaurants, shops and entertainment venues, creating a lively and engaging community that seemingly never sleeps.

Port De La Mer

In the heart of Jumeirah, Port De La Mer is the perfect example of a waterfront city. The Mediterranean-inspired development exudes elegance and relaxation, offering residents access to private beach clubs and captivating sea views. With its seaside promenade and vibrant atmosphere, Port De La Mer is a true waterfront paradise. Homeseekers can find a wide range of luxury townhouses and villas in this scenic neighbourhood. Especially if you are looking to invest in off-plan properties amid the amazing profitable returns currently available, this is the place to be.

Bluewaters Island

Situated off the coast of Jumeirah Beach Residence, Bluewaters Island is another waterfront destination that offers exclusive island living, residents can savor stunning waterfront views all across the year. Known to be a true place of luxury, Bluewaters offers world-class dining options, and a leisurely waterfront boardwalk, all complemented by the iconic Ain Dubai, the world's largest observation wheel.

Saadiyat Island

With its blue beaches and green landscapes, Saadiyat Island has cemented its position as one of Abu Dhabi’s top preferences for owning an apartment, according to Property Finder’s 2023 Q1 Market Watch Report. Saadiyat Island is a luxurious enclave that nuzzles the beauty of nature. Home to prestigious residential projects like Jawaher and the renowned Louvre Abu Dhabi, Saadiyat Island promises residents an exclusive waterfront living experience enriched by cultural landmarks and world-class amenities.

Yas Island

Yas island is a vibrant waterfront destination known for its exciting leisure and entertainment offerings. Home to attractions like the infamous Ferrari World Abu Dhabi, Yas Waterworld and Yas Marina Circuit. The island was created to house everyone and therefore proves to be a perfect balance that provides both thrill and relaxation. The island proved its overwhelming and ever-growing popularity, becoming one of the top picks for homebuyers in Q2 of 2023.

Abu Dhabi Corniche

Poised as one the top choices for rentals in the first quarter of 2023, the Abu Dhabi Corniche is a long stretch of coastline with landscaped parks, promenades and facilities. The waterfront residences offer breathtaking views of the clear Gulf waters, while the nearby Corniche Beach provides an ideal spot to relax and unwind.

Al Raha Beach

Located along Al Raha Beach, this waterfront community offers a peaceful retreat from the city's hustle and bustle. With a mix of luxurious residential properties, Al Raha Beach is the perfect destination for those seeking a peaceful coastal life without compromising on essential amenities and recreational facilities. The community also remains one of the most popular residential areas in Abu Dhabi. It has proven to be a great investment over the years, with returns scaling up to roughly 5.5% for one-bedroom and 6.3% for two-bedroom apartments in Q2 2023.

This is only the beginning. With more developments slated to grace the UAE's glittering coastlines, homeseekers from around the world can expect world class community living and unprecedented luxury in store over the coming years.