DON'T MISS A THING

If you haven’t had the pleasure of visiting Dubai, you have certainly heard of the world’s most vibrant city! A mecca of spectacular architecture with a stunning skyline. But when it comes to real estate, there is also much more to Dubai than what meets the eye. From luxurious apartments with incredible views of the city to futuristic technologies being integrated into homes, here are some weird and amazing facts about Dubai real estate that will leave you in awe.

10 Unusual Dubai Real Estate Facts That Will Blow Your Mind

1. The world’s tallest building is located in Dubai, and it stands at a towering 2,717 feet tall. As of 2018, the Burj Khalifa had 163 floors and was home to 830 luxury apartments.

2. Dubai has the highest number of skyscrapers and mega-towers in the world—a total of 308.

3. Skyscraper City “Western Suburbs” is a complex of 11 skyscrapers, each over 300 meters high, located on the outskirts of Dubai.

4. Artificial Islands—The Palm Islands project includes three palm-shaped islands.

5. The Middle East’s first and only Ice Palace is in Dubai, with an area of more than 1,800 square meters and a temperature of -2 degrees C.

6. Multi-story car garages—there are car parks where cars can be stacked in five or more tiers, thereby creating more parking space. If you want to invest in luxury real estate, consider buying property in Dubai Hills in 2023.

7. The UAE’s largest mall is the Dubai Mall, with an area of over 1,1 million square meters. It includes over 1,200 shops, cinemas, an ice rink, an aquarium, and many restaurants and cafes. Every day it receives more than 750,000 visitors.

8. Dubai has the world’s only 7-star hotel—The Burj Al Arab. This luxurious hotel has 202 two-story suites and is situated on its own private island. The average cost of a one-bedroom apartment in Dubai is around AED 50,000 (US$ 13,500).

9. You can buy an apartment with just a 1% down payment in some parts of Dubai.

10. The average annual rental yield for apartments in Dubai is 6%. That’s higher than cities like London, Hong Kong, and many other major cities around the world.

To learn more about real estate investment options in Dubai, visit Axcapital.ae website.

How Do These Facts Reflect the Economy & Culture of Dubai?

Luxury & Eccentricity

The Burj Khalifa, Artificial Islands, and the most expensive house in the world reflect the luxury and eccentricity of Dubai’s economy and culture.

The Infrastructure & Tourist Attractions

Real estate facts such as Dubai Mall and Walt Disney World Resort reflect Dubai’s commitment to developing its infrastructure and attracting tourists. Investments in real estate and entertainment places help Dubai attract the attention of international tourists. They also contribute to the growth of the economy and the creation of new jobs.

More than 16 million foreign tourists visited Dubai, spending more than 30 billion USD in 2019. It contributes to the development of the city’s economy and its status as an active center.

Wrapping Up Dubai Real Estate

As a mecca of eccentric, luxurious, innovative, and investment-ready real estate, Dubai attracts all sorts of types of people. Dubai’s real estate oddities, such as the Burj Khalifa, its Artificial Islands, and so many more lovely things, make the city uniquely appealing to those looking for an unusual place to live or invest. With heavy investment in real estate and infrastructure, and attractive tourist destinations, Dubai continues to attract attention as an international hub. As such, this singular city is one of the world’s most exciting and promising places for investors, businesses, and those traveling for pleasure.

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