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Saturday, December 17, 2005

A Positive Evaluation

This seems to be an AME Info reporter's take on Dubai's new developments after a recent flyover by helicopter. One important point raised, location:

One thing that was immediately apparent from a property buyer's perspective is that 'location, location, location' is going to be far more important in the marketplace than it has been in the past... the developments of New Dubai are scattered across the desert, and out into the sea. But some are close to clusters of economic activity, such as the Emirates Hills and Dubai Marina and the free zones. The other extreme is The World - where the islands are more than four kilometres offshore.

(With regard to the MAG 218 tower, the commentary, Location, Location... compares the Dubai Marina's location with that of other new developments in Dubai.)

The AME Info article goes on to discuss how things look from bird's eye view compared to what is seen on the ground or in developer's brochures:

Flying over the Palm, Jumeirah it was evident that the villas are more tightly packed on to the fronds than many people might have assumed from the original plans. Will this then actually prove to be the most desirable address in Dubai?

Despite the concerns expressed, the reporter concludes that "these very innovative projects have caught the imagination of property buyers around the world," and predicts their eventual success.

Despite its significant distance from present day central Dubai--the Creek--or even the newly developed SZR towers district, the Dubai Marina, together with the Jumeirah Lake Towers and Jumeirah Beach Residences, will no doubt represent one of Dubai's most important locations.

Go to DM Blog latest posts, Dubai Marina Communities or MAG 218 Community homepage.

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