Reasons for the Popularity of Waterfront Properties in Dubai
When it comes to residential properties, people in Dubai are spoilt for choices. From lavish villas to ultra-luxury penthouses, there are abundant options to choose from. The Stella Maris is home to the latest developments that are laced with modern facilities and amenities.
Among these developments, there has been a noted surge in waterfront properties. And they are rightfully capturing the interest of every property seeker. As the name suggests, these developments are nestled along with water bodies; thus, there’s a distinctive aura of freshness, tranquillity and serenity in the environment.
Let’s take a look at some of the reasons contributing to the growing popularity of waterfront properties in Dubai:
No one would like to wake up to the views of power lines or under construction buildings. As per experts, the views one gets to see from their home’s windows or terrace/balcony has a significant impact on the value of the property and the lifestyle, as well. This is why waterfront properties tend to be more expensive than others. As a resident of such a property, you will get to enjoy pleasant views of surroundings right from your room’s windows. It is akin to being on a very long vacation as you will have direct. Unobstructed access to water every day unless of course, the weather doesn’t allow you to.
Stable Rates and High Demand
Waterfront properties tend to have a higher demand because of the exceptional views they offer and various other features they boast of. This is why their rates tend to be on the stable side as well.
This makes them an ideal choice if you are looking for an investment opportunity in the Dubai real estate industry. You can buy waterfront property and resale it at higher rates to earn ROI. If you are looking for a way to earn a continuous stream of passive income, you can rent the property out. Since such properties are always in demand, you wouldn’t find it tough to get a tenant for your home.
Positive Impact on Health and Well-Being
It’s a known fact that living near a water body, whether it is a lake, river, or sea can improve your well-being. You will get to breathe fresh, pollution-free air, which is going to affect your health positively as well.
Water bodies also tend to have a relaxing and soothing effect. As our lifestyles have become rather mundane and hectic, and stress levels have increased, living near a water body can help us to get relaxed and become stress-free.
Most waterfront developments allow their residents to take part in water activities at relatively inexpensive rates.
So, if you are fond of activities such as water skiing, kayaking, diving, swimming, boating etc. You are in a pleasant surprise. All these activities will be available at your doorsteps. Indulging in these activities will not help you to stay active but boost your mental health as well. And the bonus part, you may end up losing some calories as well.
Latest waterfront developments by top developers are being launched in Dubai. With the launch of these developments, buyers have abundant options to choose from. Located in prominent communities in Dubai, some of these development feature ultra-luxury and lavish residential units that promise a high-quality lifestyle.
These latest developments also allow present buyers with an opportunity to invest in off-plan properties. So, those who cannot afford ready waterfront properties. They can settle for the ones that are still under-construction as these properties are significantly inexpensive.
Among the under-construction waterfront projects, Stella Maris has gained widespread popularity. Located in Dubai Marina, it is the last waterfront development in the community. It is planned to have a 52-storey tower with 6 basement level reserved for parking.
A Final Word
Surely, waterfront properties come with a lot of perks. However, there are some drawbacks associated with them, which you need to know about as well. Firstly, they are rather expensive, particularly ready properties. Moreover, if you are looking for a home in a secluded space. A waterfront property may not be ideal for you since these locations attract a lot of visitors.
All in all, the pros certainly outweigh the cons. So, if you have ever fancied the idea of living in a residential unit having a serene ambience and presenting beautiful views of the water. There can’t be a better choice than selecting a waterfront property.
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