Arab gigantism in the UAE

Arab construction companies in the UAE try to surprise investors all around the world. Lots of people are aware that the United Arab Emirates has become rich due to oil reserves.  But is the striking picture of skyscrapers a consequence of development or one of the drivers? Learn more about the famous towers of Dubai and Abu Dhabi.

Real estate as an engine of progress

There is also one significant misconception that is as wrong as possible. It lies in the fact that the UAE economy allegedly depends on oil.

Of course, oil deposits are bearing fruit, but now the main driver in the country is tourism. Every year people choose the United Arab Emirates for vacation. There are many reasons for this, including the amazing architecture. It is interesting that the key area of construction in the Emirates is the construction of ultra-high skyscrapers. Here are TOP-5 houses that became a real tourist magnet.

№ 5: Elite Residence

Elite Residence is a residential high-rise building with a view of the Persian Gulf from its windows. It is located on the seashore next to the artificial island of Palm Jumeirah. The 380-meter-high building was built to combine tradition and modernity. In addition to apartments, there are other amenities: 15 floors are occupied by swimming pools, spa and gyms.

№ 4: Burj Mohammed bin Rashid

Burj Mohammed bin Rashid is located in the capital of the Emirates, Abu Dhabi. It is part of the World Trade Center in Abu Dhabi. All three properties are connected and function together. Flats for permanent residence are located in the highest building, office premises are on average in height, and hotel apartments are located in the lowest assembly.

№ 3: Princess Tower

Arab developers treat the views from the windows with special trepidation. So, in the case of this tower, the owners of the apartments will enjoy views of the sea and the yacht club. This 414-meter skyscraper was built in Dubai Marina, where usual buildings are located together with high-rise.

№ 2: Marina 101

It’s a hotel, which has luxury apartments at a price of about USD 4,000 per square meter. The height of the skyscraper is 427 meters that gives it the title of the highest hotel in the world. In total, the hotel has 324 hotel apartments and 516 residential apartments.

№ 1: Burj Khalifa

This skyscraper is a key architectural achievement and the pride of the United Arab Emirates. Due to this project the flow of tourists has greatly increased, and prices in this area have increased by 20-30%. Burj Khalifa is not only a building. It is a real city within a city, which is a separate metropolis. There is a hotel, apartments, office buildings, shops, warehouses, recreation areas, observation deck, gyms and swimming pools.

We will help to buy real estate in the UAE

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