The first month of 2024 has come to an end, marking a significant period for reflection on the Dubai real estate market. The market showcases its resilience and dynamism, with investors and homebuyers actively seeking promising investment opportunities, especially in the off-plan realm to buy off-plan property in Dubai. You might be wondering which project has been the favorite among buyers in UAE real estate. We’ve got you covered!
In this article, we will delve deep into the 5 most sold-out projects in January 2024 in different areas of the United Arab Emirates. Each one of them offers a different price range, amenities, and lifestyle. Whether you’re looking to invest in JVC or Dubai Hills Estate, this article is for you!
Let’s explore the top-performing projects that dominated the landscape, securing the spotlight with remarkable sales in January.
Time to Buy Off-Plan Property in Dubai: Market Update
Elitz 3 By Danube:
Topping the charts is Elitz 3 By Danube, having sold out over 200 units in the month. This iconic architectural masterpiece is nestled in the heart of Jumeirah Village Circle (JVC), offering a diverse range of living spaces, including Studios, 1, 2, and 3 BHK apartments.
Boasting a unique design and seamless accessibility to major roads such as Al Khail Road, Sheikh Mohammed Bin Zayed Road, and Sheikh Zayed Road, Elitz 3 stands as a testament to the allure of JVC in the ever-evolving Dubai real estate landscape. Starting at only AED 700K, with a convenient payment plan of 1% a month, become an owner of your beautiful project in UAE real estate.
The EDGE by Select Group:
Securing the second position with over 190 sold-out units, The EDGE by Select Group is located in Business Bay, offering a collection of 1 & 2 bedroom luxury apartments. The development prides itself on premium services and breathtaking views of the city skyline, creating an iconic lifestyle within its high-rise residential tower.
The EDGE captivates residents with its bespoke designs, premium amenities, and a prime location in Business Bay. Expected to be handed over in Q4 2026, The EDGE starts at AED 1,108,000 with an easy payment plan of 40/60. If you want to live in the heart of UAE real estate and enjoy awe-inspiring views, this place is for you!
DAMAC Casa:
Claiming the third spot, DAMAC Casa in Al Sufouh has gained considerable traction with about 170 units sold out in January. Developed by DAMAC Properties, renowned for their stellar projects, DAMAC Casa promises a luxurious lifestyle adjacent to Palm Jumeirah and Dubai Marina. It offers a collection of 1-3 bedroom luxury apartments, 3-5 bedroom super luxury apartments, and 1-3 bedroom townhouses at the starting price of AED 2.5M. The payment is easy 20/80, and it is expected to be delivered in Q2 2028.
Featuring uniquely designed apartments with private pools and landscaped yards, DAMAC Casa offers world-class amenities and a strategic location. You can indulge in swimming pools, terraced gardens, and proximity to key attractions like Dubai Marina Mall and Nakheel Mall. The project’s high demand and potential for a substantial return on investment make it a compelling choice for investors as well.
Club Drive by Emaar:
Emaar’s Club Drive secures the fourth position, selling over 160+ units in January. It is located in the serene ambiance of Dubai Hills Estate. With a starting price of AED 1.5 million, Club Drive offers a collection of 1-3 bedroom apartments, presenting a harmonious blend of luxurious city living and a family-oriented environment.
Dubai Hills Estate, renowned for its world-class amenities and natural beauty, enhances the appeal of Club Drive. From an infinity pool to a dedicated children’s play area, the project provides a wealth of amenities, ensuring a high standard of living. Set for handover in Q1 2028, this Emaar masterpiece adds to the anticipation surrounding its completion. If you want to invest in Emaar’s project, Club Drive is a must!
Mar Casa at Dubai Maritime City:
Rounding off the top five is Mar Casa at Dubai Maritime City, a 52-storey majestic design development by Deyaar. With over 130+ units sold out, Mar Casa offers a collection of studios, 1 to 4 bedroom apartments, duplexes, and royal penthouses. Situated at Port Rashid, Mar Casa provides residents with magnificent views of the city infrastructure, waters, and social areas.
The project’s iconic infrastructure, inspired by the fluidity of ocean waves, ensures a unique living experience for everyone. With a handover date set for October 2026, Mar Casa promises a lifestyle of luxury, health, and wellbeing.
An Exciting January 2024 Recap: A Glimpse into UAE Real Estate Landscape
As we conclude the first month of 2024, the Dubai real estate market exhibits a dynamic start, with these top trending projects creating ripples in the industry. Investors and homebuyers seeking to buy off-plan property in Dubai are presented with a diverse range of options, each offering unique features, strategic locations, and attractive amenities. Whether you want to live in JVC, Dubai Maritime City, or Dubai Hills Estate, we have got all the options for you! The momentum witnessed in January sets a positive tone for the rest of the year, indicating a buoyant and resilient real estate market in UAE. For those aiming to capitalize on the thriving sector, these projects serve as beacons of potential opportunities. For more UAE real estate updates and informative articles, keep following AZCO Real Estate Brokers LLC.
