While the rest of the world struggles to emerge out of one of the worst economic recessions since the 1930’s, Dubai continues to push full-steam ahead with is central infrastructure projects with the announcement this week that 5 more stations on the Dubai Metro red line are on track to open this October.
The Dubai Metro recently turned one year old on 9th September 2010 and is one of the Dubai government’s flagship infrastructure projects, linking old Dubai and the airport with many of the popular tourist and residential areas of “new Dubai”.
The 5 new stations to open next month include Jumeirah Lake Towers, Nakheel, Sharaj DG, First Gulf Bank and Business Bay. Once opened the red line will be almost complete, with just 3 stations left to be opened.
The Dubai Metro is the world’s longest driverless metro system and one of the most ambitious metro projects ever undertaken. It is central to the Dubai government’s vision of truly turning Dubai into the most modern and advanced cities of the 21st century.
The metro already serves as a vital and affordable mode of transport for hundreds of thousands of Dubai residents and these 5 extra stations will further increase the number of commuters using the metro, especially those who have recently moved into the popular Business Bay Executive Heights and surrounding buildings.
Falcon City of Wonders, a new development off Emirates Road in Dubailand offers a very large villa community with a selection of homes.
For those living in Dubai, the location may strike as being a little isolated away from the built up areas or lacking in on site amenities. However, access to the Emirates Road means many amenities are within 10-15mins reach. More importantly, when a community is built up to a high standard, people do move in and this results in little retail outlets and coffee shops springing up on site within months.
For now, the lack of amenities does not seem much of a deal when you consider you can get a new high-end 5 bed, 5,200sq ft + villa for AED 150,000-170,000 per year. Given that some top-end 2 bedrooms in the Dubai Marina are leasing at over AED 150k, this surely has to be some of the best value the Dubai Real Estate has ever had.
Have a look at some pictures here and see decide for yourself if the a dream property is worth being 15 minutes out of the more developed areas.
There appears to be good news on the horizon for the Golden Mile and Palm Jumeirah Shoreline Apartment residents as work on the Golden Mile gardens has re-started.
Work re-starts on Golden Mile Gardens
Over the past few days huge truck loads of soil have been transported to the site of the Golden Mile gardens which will run almost the full length of the Palm Jumeirah trunk in between the Shoreline Apartments and Golden Mile buildings.
When finished, the Gardens will offer a beautiful view mile-long walkway and will open up access to the Golden Mile retail units on the promenade level. They will also hugely enhance the view from the Palm Jumeirah monorail which runs down the middle of the gardens.
It is thought that when finished the Golden Mile Gardens and retail units will rival the JBR walk and will be a great addition to the Palm Jumeirah.
