Why is Emaar Beachfront a smart investment opportunity

Overview

Here we discuss why you should consider investing in Emaar Beachfront, an upscale waterfront community in Dubai, in 2023. Launched in 2018, Emaar Beachfront has seen significant price appreciation in the last five years. We’ll explore why it’s still a smart investment choice.

Emaar Beachfront's Price Evolution

Its very first project, Sunrise Bay, began at an attractive rate of 2000 Dirhams per square foot. The most recent launch, Bayview by Address, offers branded fully-furnished residences starting at around 4000 Dirhams per square foot and going up to 6000 Dirhams per square foot for premium Palm Views. You might be wondering if Emaar Beachfront has become too expensive. Let’s delve into a comparison to find out.

A Global Perspective

Dubai is a global city, and to evaluate the value of Emaar Beachfront, we need to compare it with waterfront real estate in other world-class cities. Our benchmark for this comparison is the average price per square foot in Emaar Beachfront, which stands at 5000 Dirhams per square foot or approximately 1361 USD per square foot.

The Dubai Advantage

Dubai pegged to the USD, offers stability, and even compared locally with other premium waterfront properties, Emaar Beachfront proves to be competitively priced. According to Knight Frank’s Wealth Report of 2023, Dubai offers more square meters of prime property for one million USD compared to these global cities.

Conclusion

In future write-ups, we will explore local comparisons within Dubai to demonstrate that Emaar Beachfront provides excellent value for premium waterfront properties.