A report by W Capital Real Estate Brokerage observed that projects of waterfront real estate in Dubai continue to offer attractive investment opportunities due to their strategic location, advanced infrastructure, diverse property options, and relatively lower prices compared to similar projects in major global real estate markets.

The report stated that Dubai offers numerous competitive advantages that make it a preferred destination for investors, highlighting strong expectations for further growth in the coming period.

The report revealed that waterfront real estate projects in New York are characterized by very high prices, especially in areas such as Manhattan and Brooklyn. Property prices in these locations can be multiple times higher than in Dubai, although financial returns may vary due to market density and high competition.

It also noted that waterfront areas in London, such as West End and Canary Wharf, have relatively high prices, and investment returns may be lower than in Dubai. Additionally, London’s real estate market is saturated, making waterfront opportunities less attractive compared to Dubai.

Similarly, Hong Kong has a strong real estate market, but property prices in waterfront areas are among the highest globally. As a result, financial returns are lower compared to other markets like Dubai.

Meanwhile, Sydney, Australia, experiences high demand for waterfront properties, but prices there remain at elevated levels, which reduces potential investment returns.

Walid Al Zarooni, Chairman of W Capital Real Estate Brokerage, stated that real estate projects built on waterfronts or near bodies of water possess several characteristics that make them among the most sought-after types in real estate markets. These projects are often designed for individuals seeking a luxurious lifestyle, whether for residence or investment.

He pointed out that one of the key features of these projects is their stunning views, as residential and commercial units on waterfronts offer breathtaking scenery of the sea or water views, enhancing the property’s appeal. Additionally, the tranquility and privacy of living by the waterfront, away from the noise of the city, further enrich the living experience.

He explained that Dubai’s market has become one of the best in this sector when compared to similar projects in other countries worldwide. This is due to the fact that property prices in Dubai are currently lower, with the potential for future appreciation, offering significant profitability opportunities for investors.

Al Zarooni highlighted that projects of waterfront real estate in Dubai are developed continuously, with new developments being introduced regularly, such as Bluewaters and Palm Islands. These projects reflect Dubai’s commitment to innovation and providing outstanding investment opportunities.

He added: “When comparing projects of waterfront real estate in Dubai with those in other global cities, we find that Dubai offers numerous advantages that make it an attractive destination for investors.“