Hot new property launches in Dubai for May 2023
With developers constantly launching new projects, Dubai has become a haven for investors. From affordable options to premium developments, the city offers endless investment opportunities for home-seekers. What are the latest projects worth investing in? Let’s look at the new properties launched in Dubai in May 2023.
NEW PROPERTIES LAUNCHED IN DUBAI IN MAY 2023
UPCOMING PROJECTS LAUNCHED FOR APARTMENTS AND PENTHOUSES IN DUBAI
COMO RESIDENCES
- Designed into a series of vertical lakes, Como Residences by Nakheel Properties will be a water-inspired tower with apartments, duplexes and exclusive penthouses in Palm Jumeirah.
- The development will allow you to benefit from a beach pool, a gym, a spa, a wellness centre, squash courts, paddle courts, parking spaces and more.
CREEK WATERS
- Prospective investors willing to experience an opulent way of life in Dubai can consider the newly-launched project, Emaar Creek.
- Set to be developed by Emaar Properties, the off-plan project will combine modern design with thoughtful finishes.
- Residents will have an option to choose from 1 to 5-bedroom apartments and duplex penthouses, replete with premium amenities such as an infinity pool with a sun deck, a state-of-the-art gym, a BBQ area and a separate pavilion.
OXFORD GARDENS
- Oxford Gardens in Arjan Dubai is another off-plan project launched in May 2023.
- This project by Iman Developers will have a good collection of studios to 4-bedroom apartments, with access to retail shops, Dubai tourist spots and other key landmarks in the city.
THE CRESTMARK APARTMENTS
- Located in Business Bay, The Crestmark Apartments (also known as The Crestmark) is another hot project launched in Dubai in May 2023.
- This development by Ellington Properties will include studios, 1, 2 and 3-bedroom apartments, as well as 3 and 4-bed penthouses.
- The development will comprise an outdoor jet whirlpool, a games room, a cosy library, a maid’s room and an outdoor lounge among other things.
- The Crestmark will lie in proximity to Downtown Dubai and Dubai Water Canal.
CANAL CROWN DE GRISOGONO
- Canal Crown de GRISOGONO will be a stunning waterfront development in Business Bay, Dubai.
- Inspired by peridot gems and outer space, the residential concept will have themed gardens, a UFO spa relaxation pods, weightless swimming VR arenas and more.
- The DAMAC Properties development will “redefine the concept of luxury living” with a magnificent collection of studios to 3-bedroom units.
THE COMMUNITY
- Next on our list is The Community. Located in Motor City, the Aqua Properties’ residential development will comprise a collection of upscale studios to 3-bedroom apartments.
- The Community will have a range of leisure spots, co-working spaces and “the longest pool in Dubai.”
- The development will lie in proximity to Dubai Autodrome and Dubai Sports City.
FASHIONZ
- The first Fashion-TV branded residences, Fashionz (also known as Danube Fashionz) will be true to its name: glamourous and exotic.
- Developed by Danube Properties, the haute couture development will offer an ideal blend of facilities, ranging from an FTV salon to a high-end Fashion TV-inspired rooftop restaurant.
- Fashionz by Danube will constitute a ground floor, five podium levels, 56 floors and a rooftop, comprising studios to 3-bedroom units.
WILTON PARK RESIDENCES
- Developed by Ellington Properties, Wilton Park Residences will offer artfully-designed studios to 2-bedroom apartments in Mohammed Bin Rashid (MBR) City.
- Apartments in Wilton Park Residences will come with customised cabinetry, built-in kitchen appliances, walk-in showers and a balcony.
- Once the development is complete, residents will be able to enjoy access to crystal lagoons and sublime beaches.
SEAPOINT
- Combining beachfront living with sophistication of design, Seapoint by Emaar Properties will be another new project in Dubai.
- The Emaar beachfront project will have dining and retail shops, a shaded kids’ pool, a play area, exclusive 9th floor amenities and marina and yacht club.
- When it comes to properties, the development will have luxury 1 to 4-bedroom apartments and 4 to 6-bedroom penthouses.
ELANO
- Elano by ORO24 will be a residential development in Arjan, offering 335 apartments.
- The 10-storey building will have water features, tennis court, indoor basketball court, a gaming arcade, a gym, a health club and more.
- Elano will lie in proximity to parks, golf clubs, restaurants, cinemas and beaches.
THE QUAYSIDE
- Our next pick is The Quayside. Situated in Business Bay, The Quayside will have studios to 3-bedroom apartments and 5-bedroom penthouses, replete with custom fittings and supreme finishes.
- This chic development by Ellington Properties will boast contemporary architecture, swimming pools, pedestrian-friendly walkways and kids’ play areas.
- Those living in The Quayside will be able to enjoy awe-inspiring views of the Burj Khalifa and the Canal.
UPCOMING PROJECT LAUNCHES IN DUBAI IN MARCH FOR VILLAS AND TOWNHOUSES
ELLINGTON VILLA COLLECTION
- Our first pick is Ellington Villa Collection La Mer, a beautifully-designed beachfront project, with easy access to private sports and leisure amenities.
- This exclusive development by Ellington Properties will have 7-bedroom mansions, designed with a minimalistic design palette, beautiful interiors, 4 staff rooms, a chef room, dedicated car garages and a kitchen with European branded appliances.
- There will also be a jacuzzi, fully-openable windows, high ceilings and a fireplace.
EXPO VALLEY
- Launched in May 2023 in Dubai, Expo Valley by The Devmark Group will be a premium development with 3 to 5-bedroom villas and townhouses.
- The development will be situated in Expo City, featuring walkways, pedestrian-friendly spaces, lush-green areas and dedicated cycling tracks.
MYKONOS
- Set to be built by DAMAC Properties, Mykonos in DAMAC Lagoons will feature a water lagoon.
- Mykonos will have 4 to 5-bedroom townhouses, inspired by the vibes of the Greek Island.
- Each townhouse will have white patterns and floor-to-ceiling windows, offering uninterrupted views of Dubai skyline.
- Residents will be able to take advantage of an open-air lounge, dining venues, pools, clubs and family-friendly activities.
SOBHA RESERVE
- Next on our list is Sobha Reserve. Set to be built by Sobha Realty, Sobha Reserve will be a brilliant development in Dubailand, featuring a collection of 4 to 5-bedroom signature villas.
- Offering an “ultra-classic life”, Sobha Reserve will have top-notch amenities, such as a gym, a healthcare centre, a kids play area, a pool, restaurants and parks.
FAQS ABOUT NEW PROPERTIES LAUNCHED IN DUBAI IN MAY 2023 AND MORE
WHAT TYPES OF DEVELOPMENTS HAS THE UAE REAL ESTATE SECTOR SEEN RECENTLY?
Many impressive property developments have taken place recently in the UAE. You can take a look at UAE real estate news from April 2023 to stay up to date.
WHAT IS THE PURPOSE OF DARI, ABU DHABI?
DARI is an online platform for all-things real estate in Abu Dhabi. The platform has both a website and an app.
That ends the list of properties launched in Dubai in May 2023. If you want to know about more exciting launches, consider these properties launched in Dubai in April 2023.
For more information and updates about the UAE real estate sector, subscribe to MyBayut.
