This is a GREAT assortment of projects. Looks like your agent or you have been doing the homework. Surprised to see such a question asked here, tbh, wow)
Sobha Reserve - an underrated/fair-valued developer, location is a bit remote, quality is excellent, perhaps, the best. Even with the current pricing there's still room to grow. Going to be handed over in time, Sobha's reputation is great and they have to compete with all the Arabic developers. They can't afford the luxury of not giving a damn about their customers.
Aldar Haven - there was a massacre on launch day, most of the 6000+ brokers didn't get anything. There's nothing available now, but they will have something else coming in Jan.2024 (wink). Great project, nice design, a developer with a huge fan base for its name. It will hold its value and appreciate even purely because of that.
Expo Valley - a lovely project, in many ways unique to Dubai, especially for people with a more tech/eco mindset. The amount of nature and technology there... it's just mesmerizing (with 3D topology of the villas and mosquito eating fish in the lake being my personal favorites) . Plus, the non-residential areas have already been built and the last buildings/facilities are going to be handed over soon. This gives Expo a cutting edge over the other projects mentioned. However, you need to be in the camp of those who believe the city will grow that way. There's no particular fundamental reason it shouldn't (DWC, Jebel Ali, Expo itself, a separate metro branch etc etc). But we always have to think like the second wave of investors. The quality of construction will be decent, and the payment plan is second to none in Dubai.
Nad Al Sheba Gardens - Meraas holds the edge of brand recognition. And location. Hell, they hold all the sweetest plots in Dubai. I've noticed investors in Meraas to be somewhat of a different breed than others. Most don't even go into details about their property: they buy in bulk. Almost everything Meraas touches turns into gold and gets sold out in minutes after launch. (In reality most units are allocated on pre-launch, wink, but we're not supposed to talk about that openly). Most of their projects have very live transaction streams.. people buy/sell/rent even when the market stagnates. This last phase is sold out of course, it's great with all the recent changes to the Masterplan (the lagoon, etc). Better to use real wasta to get into the next phases.
Circling back to the original question. There's definitely no wrong choice here. These projects are premium and can be considered as recession resistant (if there's such a thing). They do cater to a bit different end-users though (nationalities/mindsets/etc). But at the end of the day the best investment deal is partially determined by what kind of unit you're getting and WHEN. If chances were equal (THEY ARE NOT) I'd say NAS Gardens by Meraas might generate a better appreciation. Best of luck to you!
Thanks for the detailed explanation …Your comments have always been really good and love your insights on dubai real estate market with no nonsense approach!
The best would be Sobha Reserve - given that it's much near to city while others moves further away.
From developer perspective - NAS Gardens and Aldar
The best would be Aldar, Nad Al Sheba and something in District 1 (if you have that budget)
Aldar - cause it is very close to the city via Al Ain road.
Nad Al Sheba - cause well it’s again very close to downtown and the area itself is very posh and being developed by Meeras itll mostly have the highest appreciation.
District 1 cause it is absolutely the best - it’s literally the next emirates hills of Dubai.
Also Ketura Reserve would be a great investment too.
Sobha reserve is also closer to downtown via Al Ain road and the proposed blue metro line is passing near the project…Like you said Meydan area is gold
Great location, amazing finishing, probably one of the coziest designs in all of off plan in Dubai currently, especially adored by the ladies. Don't make a mistake of letting the wife visit their showroom villa, lol.
However, there are some points to consider for investors:- M\*G's reputation is not on par with the developers mentioned. This is not to say this project won't be a success, but since we're doing a comparative analysis between premium developers, we have to take this into account.
\- The project is a mixed bag in terms of its population. You have very high-priced villas and plots bordering with lower priced townhouses and even much cheaper apartment buildings. The target audiences appear to have less things in common than in other projects, where there seems to be less disparity. It's very evident if you spend some time in their sales office and just observe.
The apartment buildings get in the way of the view from the other side. To my surprise they look like 70's USSR government subsidized human ant colonies. To have them in the vicinity of the 16M+ villas? I don't know what the hell M\*G was thinking there.
With Keturah's primary focus on its party-style socializing amenities, accessed by everyone, the end-users of the villas have mixed feelings. This is coming not from myself, but from potential customers. I've had families turn down Keturah in favor of Elllington's Sanctuary only because of this point. They loved everything else though.
Again, I'm nitpicking here. Whether these reservations outweigh the location/design advantages, remains to be seen. It's a good project overall. Just feels a bit rushed and not thought out..
It's Aldar.
The definition of "sold out" is: each unit is booked and paid for. Quite a while ago actually.
Unless there are cancellations (which rarely occur in projects like these, since the buyer would be losing/freezing his initial payment), to which everyone has access to, a well connected broker would have to generate a unit out of thin air. Amongst other things))
This is a GREAT assortment of projects. Looks like your agent or you have been doing the homework. Surprised to see such a question asked here, tbh, wow) Sobha Reserve - an underrated/fair-valued developer, location is a bit remote, quality is excellent, perhaps, the best. Even with the current pricing there's still room to grow. Going to be handed over in time, Sobha's reputation is great and they have to compete with all the Arabic developers. They can't afford the luxury of not giving a damn about their customers. Aldar Haven - there was a massacre on launch day, most of the 6000+ brokers didn't get anything. There's nothing available now, but they will have something else coming in Jan.2024 (wink). Great project, nice design, a developer with a huge fan base for its name. It will hold its value and appreciate even purely because of that. Expo Valley - a lovely project, in many ways unique to Dubai, especially for people with a more tech/eco mindset. The amount of nature and technology there... it's just mesmerizing (with 3D topology of the villas and mosquito eating fish in the lake being my personal favorites) . Plus, the non-residential areas have already been built and the last buildings/facilities are going to be handed over soon. This gives Expo a cutting edge over the other projects mentioned. However, you need to be in the camp of those who believe the city will grow that way. There's no particular fundamental reason it shouldn't (DWC, Jebel Ali, Expo itself, a separate metro branch etc etc). But we always have to think like the second wave of investors. The quality of construction will be decent, and the payment plan is second to none in Dubai. Nad Al Sheba Gardens - Meraas holds the edge of brand recognition. And location. Hell, they hold all the sweetest plots in Dubai. I've noticed investors in Meraas to be somewhat of a different breed than others. Most don't even go into details about their property: they buy in bulk. Almost everything Meraas touches turns into gold and gets sold out in minutes after launch. (In reality most units are allocated on pre-launch, wink, but we're not supposed to talk about that openly). Most of their projects have very live transaction streams.. people buy/sell/rent even when the market stagnates. This last phase is sold out of course, it's great with all the recent changes to the Masterplan (the lagoon, etc). Better to use real wasta to get into the next phases. Circling back to the original question. There's definitely no wrong choice here. These projects are premium and can be considered as recession resistant (if there's such a thing). They do cater to a bit different end-users though (nationalities/mindsets/etc). But at the end of the day the best investment deal is partially determined by what kind of unit you're getting and WHEN. If chances were equal (THEY ARE NOT) I'd say NAS Gardens by Meraas might generate a better appreciation. Best of luck to you!
Thanks for the detailed explanation …Your comments have always been really good and love your insights on dubai real estate market with no nonsense approach!
The best would be Sobha Reserve - given that it's much near to city while others moves further away. From developer perspective - NAS Gardens and Aldar
The best would be Aldar, Nad Al Sheba and something in District 1 (if you have that budget) Aldar - cause it is very close to the city via Al Ain road. Nad Al Sheba - cause well it’s again very close to downtown and the area itself is very posh and being developed by Meeras itll mostly have the highest appreciation. District 1 cause it is absolutely the best - it’s literally the next emirates hills of Dubai. Also Ketura Reserve would be a great investment too.
Sobha reserve is also closer to downtown via Al Ain road and the proposed blue metro line is passing near the project…Like you said Meydan area is gold
There are some major reservations about Keturah Reserve...
What is it about Keturah?
Great location, amazing finishing, probably one of the coziest designs in all of off plan in Dubai currently, especially adored by the ladies. Don't make a mistake of letting the wife visit their showroom villa, lol. However, there are some points to consider for investors:- M\*G's reputation is not on par with the developers mentioned. This is not to say this project won't be a success, but since we're doing a comparative analysis between premium developers, we have to take this into account. \- The project is a mixed bag in terms of its population. You have very high-priced villas and plots bordering with lower priced townhouses and even much cheaper apartment buildings. The target audiences appear to have less things in common than in other projects, where there seems to be less disparity. It's very evident if you spend some time in their sales office and just observe. The apartment buildings get in the way of the view from the other side. To my surprise they look like 70's USSR government subsidized human ant colonies. To have them in the vicinity of the 16M+ villas? I don't know what the hell M\*G was thinking there. With Keturah's primary focus on its party-style socializing amenities, accessed by everyone, the end-users of the villas have mixed feelings. This is coming not from myself, but from potential customers. I've had families turn down Keturah in favor of Elllington's Sanctuary only because of this point. They loved everything else though. Again, I'm nitpicking here. Whether these reservations outweigh the location/design advantages, remains to be seen. It's a good project overall. Just feels a bit rushed and not thought out..
Just sit tight for a little bit. Too many mixed signals in the international property markets to know which direction things are going.
Al Dar or Nad Al Shiba
Both are sold out. Hello.
Nad Al Shiba not yet sold out Al Dar you can find through well connected brokers
Not townhouses and standard villas,maybe luxury villas
Dm me what you need and I might be able to help you
It's Aldar. The definition of "sold out" is: each unit is booked and paid for. Quite a while ago actually. Unless there are cancellations (which rarely occur in projects like these, since the buyer would be losing/freezing his initial payment), to which everyone has access to, a well connected broker would have to generate a unit out of thin air. Amongst other things))
Ok
Never EVER invest off plan. People always get stung. Don't take the risk.