Famed for the development of the iconic Palm Jumeirah, Nakheel presents yet another sensational project called Dubai Islands, which was previously called Deira Islands. Located just a short drive away from the mainland of the emirate, it is set to become home to 38,000 residential properties, 9 marinas and 87 luxury resorts and hotels. There will be 5 islands in total (Central Island, Shore Island, Golf Island, Marina Island and Elite Island), which will be linked to the rest of the city by the Infinity Bridge.
Potential property investors are presented with the lucrative opportunity to purchase a land plot for the construction of a hotel/residential/mixed-use building on Dubai Islands. The initial cost for a plot here amounts to AED 11,069,000 (USD 3,014,000). The developer offers favourable conditions for potential investors, in which the booking fee amounts to 15% and then 30% of the total cost of the site you have chosen by the end of 2022. In addition, a 3-year payment plan is also provided.
Dubai Islands is set to appeal to all kinds of individuals, whether they are families with children seeking a home for a permanent stay or tourists and business professionals who prefer short-term rentals, as well as investments in the development of the hotel business. This is due to the fact that the master plan of the development includes the construction of hospitals, schools and mosques, as well as a large variety of leisure options. That being said, the Central Island will become the focal point of Dubai Islands, as there will be a theme park & water park, a beach club hotspot, a watersports hub and a surfing park. Taking into account the information mentioned above, it is clear that when investing in a plot on Dubai Islands, you will be able to take advantage of a profitable income on a permanent basis.