Dubai Real Estate Story: From the Antique to the Future
Historic homes in Dubai and the history of the real estate in Dubai have played a big part in making Dubai what it is today.
Dubai has changed a lot since the discovery of oil in the early 60s. For one thing, it has become a popular destination for visitors from around the world. Many people have bought property and made Dubai their home. This article discusses some historic real estate transactions that have taken place in Dubai and the history behind them up to today.
Real estate transactions in Dubai have transformed in the past decades and now it is considered as one of the important sectors that contributes to the development, growth, and modernization of not just Dubai but the whole UAE, which includes Abu Dhabi, Ras Al Khaimah and Ajman. Real estate companies are involved in marketing and selling properties they have in entire UAE. Dubai has seen major changes where once sand dunes were plenty but now modern buildings and malls are present that attract residents and tourists alike.
A Brief History Of Real Estate In Dubai
The first dwelling houses in Dubai were built with a mixture of mud, turf ash, and clay. These houses were built with very little stone. The houses were built in shallow layers, and given enough time to dry between each layer. The resulting walls were cool during the summer, but warm in the winter.
The historic homes in Dubai are known for their traditional Arabic architecture and design which is what makes them desirable for today's buyers. The result of this style of architecture is that the homes stay cool in the summer and warm during the winter.
Old houses in Dubai have traditionally been made of mud brick and stone and have evolved over time. The earliest examples of these buildings are located in the Al Fahidi Historical Neighbourhood known also as Al Bastakiya, which was the heart of Dubai city in the 18th century. These mud-brick dwellings were generally consisted of a single room on either side of an open courtyard, with an external kitchen, an internal bathroom and a roof thatched with dried palm fronds or reed mats. Homes were typically built in shallow layers, leaving enough time for each layer to dry before adding another.
As buildings became taller and more complex, so did their designs. By the 1970s, it became popular to take advantage of Dubai's plentiful supply of sand when constructing new buildings—a change that allowed for deeper foundations than could be achieved with mud and ashes, another change that took place during this time was one that saw foreigners begin to settle in Dubai on masse, leading to an increase in demand for property in the city.
As demand increased, so did the number of workers from other countries moving to Dubai to work on construction projects or to fill a job in one of Dubai's many new office.
Dubai has been known for its real estate since it was first established as a city, however the transactions of the real estate have changed drastically over time.
Real Estate Transactions In Dubai
Real estate transactions in Dubai can be categorized as historic homes, houses and Villas for sale in Dubai in City of Wonders, bespoke developments, you will realize there are two types of real estate in Dubai. The first kind is the real estate development projects established by plots of lands supplied by the developer only for creating masterpieces. This type generally stands for the Luxury apartments for sale in Dubai or villas, there are many different types of villas in Dubai, each with its own unique look and feel. Some of these villas are built along the coast so that their owners can entertain guests on the beach. The second type of real estate in Dubai does not have specific or personalized plots of lands but is created on an individual basis or a selected location based on the renovation and refurbishment of existing properties.
Dubai real estate has seen drastic changes in the realm of residential real estate over the last several decades. The city was once widely known as a tourism hub and a business center, but over time, it has become one of the most desirable places to live. The city has seen many changes in its skyline, and new developments have been cropping up all over the city.
Dubai real estate has also seen changes in terms of townhouses and Apartment for Sale in Dubai. Townhouses are usually separated into multiple units, while apartments are single-unit homes that belong to a larger building. Townhouse for sale in Dubai usually offers more privacy because it doesn't have shared walls with neighboring buildings.
It's no wonder that many people are interested in buying property in Dubai as it offers such a diverse selection of properties for sale. From villas, townhouses and apartments to historic homes, there's a wide variety of options for homebuyers in Dubai. Each structure has its own character and style. The styles of traditional homes have been preserved in newer developments such as The Villa, a community offering rental properties with an old-world charm that include spacious sitting areas and bedrooms, large terraces, landscaped gardens with fountains and marble floors throughout. Townhouses are more modern and offer more privacy than apartments. One can choose from many different designs which include views of the city's skyline, parks or golf courses.
A popular choice among expats are apartments, which provide the benefit of modern living without sacrificing the comforts of having your own private space or yard. Many communities such as DAMAC Hills and DAMAC Hills 2 , offer a number of services including community centers with gyms, swimming pools and tennis courts. Their locations make it convenient to live near work or shopping areas while still being able to get into the city center quickly when necessary.
Each type of property comes with its own unique set of features and amenities, which makes it vital to do your research before buying a home in Dubai. Contact our agents for help and assitance.
As mentioned above, Dubai is a modern city with an exciting past that stretches back thousands of years—and it's poised to continue developing into the future. You might even say it's living proof that history and modernity can work together to create something amazing.