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Desert to Metropolis: The Incredible Evolution of Dubai's Real Estate Industry
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Desert to Metropolis: The Incredible Evolution of Dubai's Real Estate Industry

May 13, 2023
Desert to Metropolis: The Incredible Evolution of Dubai's Real Estate Industry

You look at the landscape of Dubai now, and you see tall buildings that almost touch the sky. Malls everywhere, and many other wonders and delights to the eye. Dubai has never failed to wow you anew every time. Is not it that right? However, Dubai has only sometimes been Dubai that we know now, but rather a desert town. The real estate market has witnessed a bloom that probably no city has noticed so fast! So let us learn about the story of the emirate that attracts people from far and beyond to come and settle here.

Projects that Made the Base of the Bloom:

To unfold the story of the gem of the desert, we need to go back in time and see what was still on the map. These projects that soon saw the light made the city’s base we know today. In fact, Dubai started building its infrastructure in the 1960s and 1970s, including its roads, airports, and ports, which created the groundwork for its real estate sector. The government also started providing advantages to entice international investors to invest in the nation. Finally, they began adding magnetic properties projects.

Palm Jumeirah Island 

You do not feel you are driving on streets built over water on this island, but it is true! This island has sometimes been called the eighth wonder of the world. Though it is a very modern and unique project, it still represents the desert beautifully as it is shaped like a palm, the most common tree on the land. In 2001, the construction process began, and the island was completed in 2004. Yet, the construction of the buildings themselves began in 2006, and people started settling there in 2007. Now, it is one of the main attractions, with more properties added to the landscape.

Burj Khalifa 

Burj Khalifa has become a city symbol, and it is hard to imagine when this building was not there. Almost every tourist or resident who travels to Dubai should head straight to the tallest building in the world! This tower has become an embodiment of Dubai’s innovation and luxurious properties. Completed in 2009, this lily spider-shaped tower features some of the priciest rooms in the area.

Metro Dubai

With more and more properties added to the scene of Dubai, the population started growing quicker, especially since the city soon began to offer great opportunities for job seekers and investors. To solve the growing population’s needs and make moving around the ever-expanding city more efficient, work on constructing Dubai Metro soon kicked off. Dubai now boasts of having the world’s longest automated, driverless railway system. In September 2009, the metro started operating and offered much-needed relief from the escalating traffic congestion. In 2015, approximately 179 million people used the system.

Dubai Marina 

Stretching on around 3 kilometres of coastline, this man-made was built by transporting water from the gulf into the allocated location. Dubai Marina has several famous buildings, including the Masjid Al Rahim Mosque, Jumeirah Beach Residence, and other exciting properties.

Dubai Water Front 

Though the place has always been on the top side of Dubai, it has undoubtedly witnessed significant developments and additions to the scene. The Dubai Waterfront is a combination of waterways and an artificial archipelago. The action started on this 8-kilometre beachfront that runs parallel to the Persian coast in 2007 and is now a main attraction of the city.

These projects served as the base that helped the real estate sector to bloom in the city of shining opportunities. Soon, more tall towers, attractive malls, and exciting hotels were added till Dubai became the city that most people dream of settling at. The most exciting part of the story of this city is that it seems to never end. Every now and then, there is a new chapter buzzing with wonders being added to its scene.

If you are a resident of Dubai, tell us in the comment section below about your favourite part of the city. If you are a tourist, tell us about the landmark you enjoyed visiting the most. Do not hesitate to share your experience. But, as always, we cannot wait to hear from you all.

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