Best Off-Plan Investments in 2021
The world took an unexpected turn in 2020, which led to a surge in secondary market sales as people sought the stability of ready properties. As we look at 2021 and beyond with a growing sense of optimism, off-plan is poised to make a significant comeback. Some very keenly anticipated residential projects, which were pushed back as a result of the pandemic, will be coming to fruition this year, and we are already starting to see new launches being announced from Dubai’s most prominent developers. Here are the best off-plan investment options for you to consider in 2021.
District One has distinguished itself as one of the premier new communities in Dubai. It has a truly fantastic offering of homes, ranging from sleek modern apartments to spectacular mansions, all located a few minutes away from the incredible Crystal Lagoon. The newest residential launch at District One is the townhouse collection, comprising four-bedroom semi-detached homes with beautiful contemporary design.
Arabian Ranches III was launched to much fanfare in 2019 - little surprise considering the first two phases of Arabian Ranches are among the most popular family neighbourhoods in Dubai. All of the initial launches within the development were semi-detached townhouses, after which the project went quiet as a result of global events. In 2021, Arabian Ranches III is back in the spotlight, announcing the very first standalone villas in the community. Exact details such as unit sizes and types are unknown at this time, but should be available soon.
Also known as the silk floss tree, Chorisia is native to South America and known for its distinctive pink flowers. The latest collection of villas launched in the gorgeous community of Al Barari, Chorisia also features a distinct contemporary look, incorporating a central courtyard bright, open layout into its design. All of the villas have five bedrooms and spread across three levels, with a seamless flow between indoor and outdoor living.
Madinat Jumeirah Living, a residential extension to the immensely popular Madinat Jumeirah resort, was a huge hit with investors upon being introduced to the market. New launches within the project have come in at a trickle, but each launch has generated a tremendous amount of buzz. The latest announcement that came in at the tail end of last month was for Building 7, also known as Building 2 of the Asayel cluster. Comprising one to four-bedroom apartments with stunning modern layouts, it is perhaps one of the hottest off-plan projects on the market right now.
Beach Isle is one of the beautiful Miami-inspired residential projects in Emaar Beachfront, which is a key part of the Dubai Harbour maritime development. The most recent addition to the project is Shorefront Residences, comprising one and two-bedroom fully furnished apartments that are located along the podium level of Beach Isle. This is a very exclusive and limited collection, allowing end users the option to simply walk in through the front door of their completed apartment and stat enjoying their new lives right away.
The second launch at Emaar Beachfront in less than a month, Palace Beach Residences is the waterfront counterpart to the popular Palace Residences in Downtown Dubai. The apartments in this project will feature a sophisticated combination of Arabic and modern European design, complemented by the five-star services of the adjoining Palace Beach Hotel.