Dubai has become a paradise for investors, with developers continuously releasing new developments. The city provides unlimited investment choices for homebuyers, ranging from low-cost options to high-end buildings. What are the most recent ventures that are worth investing in? Let’s have a look at the brand-new properties that will open in Dubai in May 2023.
NEW PROPERTIES LAUNCHED IN DUBAI IN MAY 2023
UPCOMING PROJECTS IN DUBAI FOR APARTMENTS AND PENTHOUSES
COMO RESIDENCES
Como Residences by Nakheel Properties will be a water-inspired skyscraper containing apartments, duplexes, and luxury penthouses in Palm Jumeirah, designed as a succession of vertical lakes.
The development will include a beach pool, a gym, a spa, a wellness center, squash courts, paddle courts, parking spaces, and other amenities.
CREEK WATERS
Prospective investors interested in experiencing an extravagant style of life in Dubai might investigate the recently launched Emaar Creek project.
Emaar Properties will develop the off-plan property, which will mix modern design with careful details.
Residents will be able to select between 1 to 5-bedroom apartments and duplex penthouses, all of which will have luxury facilities such as an infinity pool with a sun deck, a cutting-edge gym, a BBQ area, and a separate pavilion.
OXFORD GARDENS
Oxford Gardens in Arjan Dubai is another off-the-plan development set to open in May 2023.
Iman Developers’ project will provide a nice selection of studios to 4-bedroom apartments, with access to retail outlets, Dubai tourist attractions, and other significant landmarks in the city.
THE CRESTMARK APARTMENTS
The Crestmark Apartments (also known as The Crestmark) is another popular project set to open in Business Bay in May 2023.
Ellington Properties‘ development will contain studios, one, two, and three-bedroom apartments, as well as three and four-bedroom penthouses.
Among other things, the property will have an outdoor jet whirlpool, a games area, a cozy library, a maid’s room, and an outdoor lounge.
The Crestmark will be close to Downtown Dubai and the Dubai Water Canal.
CANAL CROWN DE GRISOGONO
Canal Crown de GRISOGONO will be a breathtaking waterfront property in Dubai’s Business Bay.
The home project, inspired by peridot gems and outer space, will have themed gardens, a UFO spa relaxation pod, weightless swimming VR arenas, and more.
The DAMAC Properties project will “redefine the concept of luxury living” with a stunning range of studios to three-bedroom flats.
THE COMMUNITY
The Community is up next on our list. Aqua Properties’ residential development in Motor City will consist of upmarket studios to 3-bedroom units.
The Community will have a variety of recreational areas, co-working spaces, and “the longest pool in Dubai.”
The project will be located between the Dubai Autodrome and Dubai Sports City.
FASHIONZ BY DANUBE
Fashionz (also known as Danube Fashionz), the first Fashion-TV branded residences, will be glamorous and unique.
Danube Properties is developing the haute couture complex, which will include an FTV salon and a high-end Fashion TV-inspired rooftop restaurant.
Fashionz by Danube will include a ground floor, five podium levels, 56 storeys, and a rooftop, with studios to three-bedroom apartments.
WILTON PARK RESIDENCES
Wilton Park Residences, developed by Ellington Properties, will provide elegantly designed studios to 2-bedroom apartments in Mohammed Bin Rashid (MBR) City.
Wilton Park Residences apartments will have bespoke cabinets, built-in kitchen appliances, walk-in bathrooms, and balconies.
Residents will have access to beautiful lagoons and magnificent beaches once the construction is completed.
SEAPOINT
Seapoint by Emaar Properties will be another new property in Dubai, combining seaside lifestyle with refinement of design.
The Emaar waterfront community will have restaurants and retail stores, a shaded kids’ pool, a play area, private 9th floor facilities, and a marina and yacht club.
The development will include luxurious 1 to 4-bedroom apartments as well as 4 to 6-bedroom penthouses.
ELANO
Elano by ORO24 will be a 335-unit residential complex in Arjan.
The 10-story structure will have water features, a tennis court, an indoor basketball court, a gaming arcade, a gym, a health club, and other amenities.
Elano will be close to parks, golf courses, restaurants, movies, and beaches.
THE QUAYSIDE
The Quayside is our next choice. The Quayside, located in Business Bay, will have studios, three-bedroom flats, and five-bedroom penthouses with custom interiors and high-end finishes.
Ellington Properties’ elegant property will have contemporary architecture, swimming pools, pedestrian-friendly pathways, and children’s play facilities.
Residents of The Quayside will have breathtaking views of the Burj Khalifa and the Canal.
MARCH PROJECT LAUNCHES IN DUBAI FOR VILLAS AND TOWNHOUSES
ELLINGTON VILLA COLLECTION
Ellington Villa Collection La Mer, a superbly built beachside project with convenient access to exclusive sports and entertainment venues, is our first choice.
Ellington Properties’ private development will have 7-bedroom houses with a minimalistic design palette, exquisite interiors, 4 staff rooms, a chef room, dedicated auto garages, and a kitchen with European branded appliances.
A jacuzzi, completely openable windows, lofty ceilings, and a fireplace will also be included.
EXPO VALLEY
Expo Valley by The Devmark Group, set to open in May 2023 in Dubai, will be a luxury development featuring 3 to 5-bedroom villas and townhouses.
The project will be located in Expo City and will include sidewalks, pedestrian-friendly places, lush green areas, and dedicated bicycle lanes.
MYKONOS
Mykonos in DAMAC Lagoons, which will be created by DAMAC Properties, will have a water lagoon.
Mykonos will offer 4 to 5-bedroom townhouses inspired by the Greek island’s atmosphere.
Each home will have white patterns and floor-to-ceiling windows that provide unobstructed views of the Dubai skyline.
Residents will have access to an open-air lounge, eating options, pools, clubs, and family-friendly activities.
SOBHA RESERVE
Sobha Reserve comes up next on our list. Sobha Reserve, a magnificent development in Dubailand planned by Sobha Realty, will feature a range of 4 to 5-bedroom premium villas.
Sobha Reserve will provide a “ultra-classic life,” with amenities such as a gym, a healthcare center, a children’s play area, a pool, restaurants, and parks.
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