Feasibility Study for a Large Coastal Development Project in Umm Al Quwain Commences; GDP Boost from the Real Estate Sector & Investment from UAE. This objective is one of the principal methods from which the emirate commuter and its economy will be redesigned.
An Option for A Timed Real-Estate Expansion
A continuous coast spanning over 11_kilometre along the shores of Umm Al Quwain from the sea_ will cover roughly 7 kilometers of natural beaches and parks_ adding investment value of Real state in the Development. Located along the coastline of Umm Al Quwain, this coastal development comprises a mixed-use destination of North Beach, Trade Centre and South Beach, each of which has a variety of Real Estate opportunities. Here the type of Real Estate will be different such as residential, commercial, office and hotels will attractive the investment value of Umm Al Quwain. Umm Al Quwain will see substantial Real Estate Investment through the strategic Coastal Development. Umm Al Quwain another emirate of the territory has continuous through and through system of soil rich dry land that can fill in as prime Coastal Development area offering engaging Real Estate speculation openings. This is a phased Coastal Development Project in Umm Al Quwain, which means Real Estate development and Investment can continue uninterrupted.
Strategic Trade Centre: A Real Estate and Investment Hub in Umm Al Quwain
The center piece of the 15 million square foot Umm Al Quwain Coastal Development Project is the Trade Centre — this free zone functions under an independent legal system with the aim of attracting global Investment. It is expected to be a world class Business, Culture and Investment Hub in Umm Al Quwain Real Estate. This is also one of the main factors of Real Estate Investment in Umm Al Quwain where this free zone is under Coastal Development Project. The businesses moving into the Trade Centre will form part of the local Investment scene of the Umm Al Quwain realty sector. It provides a legal framework for the Trade Centre whereby all Real Estate transactions undertaken at the location are intended to be seamless, and will draw further Investment into Umm Al Quwain. The Trade Centre aspires to position Umm Al Quwain as a leading center for Global Real Estate Investment.
Umm Al Quwain Announces Start of Official Commencement and Collaborative Real Estate Investment
The official launch of the Umm Al Quwain Coastal Development process was led by His Highness Sheikh Rashid bin Saud bin Rashid Al Mualla, where the significance of this Investment in the UAE was addressed. He reiterated the importance of these mega Investment projects as a driver of Umm Al Quwain’s economic growth and as a magnet for new commercial opportunities in its Real Estate sector. This project’s location in Umm Al Quwain illustrates the UAE’s dedication to stimulating growth through strategic Real Estate Investment. This is one of the key shapes of local and international Real Estate Investment in U.A.E through Coastal Development Project. This Coastal Development comes due to the leadership’s focus on attracting Investment to Umm Al Quwain’s Real Estate market.
The Coastal Development Project of “Downtown Umm Al Quwain” is a strategic partnership with Sobha Realty as part of strong Real Estate Investment in the region – UAE. The first stage will consist of Real-Estate, like homes, workspaces and hospitality facilities; various Investment opportunities in Umm Al Quwain. This partnership highlights the confidence about possibilities of Real Estate Investment in the Umm Al Quwain Coastal Development project. Sobha Realty to lend their large-scale Real Estate Investment expertise in the UAE. Phase one of Real Estate will fuel future Investment within Umm Al Quwain.
Investment in Green Spaces & Sustainable Real Estate in Umm Al Quwain
Almost 50% of the land formed in the enhancement is going to be reserved for green spaces, pavements, and play areas, conveying dedication to reserve the market its Real estate formation in the Umm Al Quwain. This Coastal Development Project is laying the infrastructure for environment-friendly development, which is expected to increase the future value of Real Estate Investment in Umm Al Quwain. The availability of green spaces has been of particular focus in order to provide residents with a charming living environment, helping to further catalyze Real Estate Investment in Umm Al Quwain. Real estate projects in Umm Al Quwain are likely to see a boost in their investment attracting ability with the sustainable development practices falling in the Coastal Development Project.
The Government of Umm Al Quwain envisions this Coastal Development Project to be the first of many steps in the strategic ambitions for the emirate to become increasingly competitive and attractive for Investors, Residents, and Tourists, ultimately promoting Real Estate Investment. Such a Transitional Coastal Development is anticipated to restore the Spirit of Umm Al Quwain to the forefront of Real Estate Attraction. Umm Al Quwain will be promoted over the long term to become a destination offering unique Real Estate Investment opportunities. This Coastal Development will positively influence Real Est. values & Inv. returns in Umm Al Quwain, with the attention on drawing in inhabitants & guests.
Other Key Insights
The Real Estate market in the UAE is attractive to investors because it is supported by the stable economy and government policies that support developing projects. Though a small emirate, this is another Investment opportunity from Umm Al Quwain and surrounding areas such as this Coastal Development. The UAE has a high value for its coastal Real Estate and this development marks one of the most desirable Real Estate Investments. Offering free zones within the development projects in the UAE is a common tactic used to attract foreign direct Investment (FDI). One prominent factor for international investors in the UAE in conjunction with Real Estate Investment is the access to long-term residency options. Many emirates in the UAE aim to diversify their economy via Real Estate and tourism. There is investor protections embedded into the UAE’s legal and regulatory framework for the real estate sector that promotes confidence in the market. Infrastructure development like Cloud Development Project planned in this, is the biggest driver of Real Estate values and Investor interest. This could be capital appreciation and or rental yields, therefore Real Estate Investment in UAE including Umm Al Quwain is attractive for many.
