In recent years, significant real estate development has been a signature feature of the UAE. From the tallest buildings in Dubai to the world-famous architecture in Abu Dhabi, the UAE has become synonymous with development.
Development runs much deeper than the country’s high-profile projects. Physical infrastructure has transformed, with dedicated industrial areas, commercial clusters, free zones and massive mixed-use developments designed to provide additional tourist facilities and vastly increase retail and office space. Liberalized real estate and property laws have generated unprecedented development in this sector.
In addition, existing airports are being expanded and new airports and ports built to cater to the projected rise in tourism and trade. There are also corresponding, significant investments in transport, sewerage, electricity, water and telecommunications to service these projects.
In addition to the Burj Khalifa and Saadiyat Island, some of the most significant projects include:
- Man-made islands in Dubai, including the World, the Palms and the Palm Jumeirah
- Dubailand®, a series of theme parks, outdoor attractions , entertainment and retail outlets, including Dubai Miracle Garden, the world’s largest natural flower garden.
- Masdar City, a zero carbon, zero waste city
- Yas Island, a leisure, entertainment and business destination located in Abu Dhabi, which features high-profile attractions like Ferarri World, Yas Links Golf Abu Dhabi and the Formula 1® circuit – Yas Marina.
- Falcon Island, a real estate development project in Ras Al Khaimah that will feature waterfront residential properties.
- Al Dana Island, a man-made island in Fujairah with mountain view and seaside villas and homes.