Thursday, November 8, 2018

Is Madinat Jumeirah Living Really the Most Sought-out Neighborhood?

Dubai Holding’s residential project Madinat Jumeirah welcomed over 2.8 million visitors in the first half of this year for its rich Arabic heritage, location, and ambiance. However, within the district, Madinat Jumeirah Living has attracted a great number of investors, residents, and visitors, making it the next hot spot neighborhood in Dubai.

Madinat Jumeirah Living is an extension of the Arabesque district and is considered Dubai’s most prestigious freehold luxury neighborhood. It is a traditional living for modern life and the embodiment of discerning style. It offers authentic Arabic style, fresh contemporary interiors, and exquisite lobby lounges, lending each home its own unique identity.

Overlooking the world’s luxurious island and only seven-star hotel, Burj Al Arab, it grew to become one of the most sought out neighborhoods in Dubai for a number of reasons, ranging from its destination, spacious apartments to modern interiors and breathtaking view. So there’s no holding back when the Middle East’s investors have an interest in the Madinat Jumeirah apartments by Dubai holding. That being said, the 60-building development is without a doubt, home to the wealthy Arab tycoons within the country, especially those residing in Dubai and the country’s capital, Abu Dhabi

Because it offers an exclusive collection of freehold residences, foreigners or expats are easily able to own a property. This in return makes it more interesting to purchase a property in Madinat Jumeirah Living and makes it more than just a residential development.

Due to high demand for the luxurious properties, Building 1 and Building 2 have completely sold out successfully when launched, proving that is in fact ‘the’ place to invest and settle down.

Building 3, the newest addition to the Madinat Jumeirah Living, has been the talk of the town ever since its development. There are only a limited number of apartments available in Building 3 and is expected to sell out in no time. The starting price for apartments is AED 1.16 million with 5% booking. 

Settled amongst lush, vibrant landscapes and wadis, wind towers and wide shaded walkways, it provides open spaces and a relaxed and pleasant pedestrian especially for residents with families. There are jogging paths, shaded walkways, swimming pools, gymnasium, 24/7 security as well as direct full sea view and an air-conditioned pedestrian bridge connected to Souq Madinat Jumeirah.

Madinat Jumeirah Living is situated where Jumeirah Beach Road and Umm Suqeim Road meet, just opposite Madinat Jumeirah Resort and overlooking some of the world’s most luxurious hotels. It is also located exactly beside Building 2 and opposite to Al Nassim Hotel, strategically developed in prime location in Jumeirah, away from the traffic and ambient noise. The tranquil development is designed with safety in mind with its environmentally friendly space. Cars have limited access to the drop off areas, visitor parking and basement.   

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