Strong foreign investment, the growing demand for luxury houses, and prospects for high returns on investment are just a few of the elements driving the continuous growth of the UAE real estate industry, which is led by its luxury sector. The country’s leaders and government have also been implementing ongoing measures to make the UAE an even more alluring destination, like streamlining the application process for a UAE Golden Visa, which have contributed significantly to this ongoing surge in business travel.

Sydney and Dubai are predicted to outperform other top global destinations with value increases ranging from 4 to 9.9 percent in 2024 when it comes to the strongest growth in prime residential property values, according to a 2024 forecast by global real estate firm Savills’ annual Prime Global Cities Index. This is after Dubai took first place in 2023 with an appreciation of 17.4 percent. This demonstrates Dubai’s ongoing appeal as the world’s leading prime market, and it confirms our prediction that demand from foreign investors will rise steadily for many years to come.

With its exclusive members-only residential community, Discovery Dunes is the first of its kind in the area and emphasizes the significance of this expansion in a premium community market like Dubai. Part of the world-renowned Discovery Land Company, which operates 35 exclusive clubs and communities in the USA, Latin America, Europe, and the Caribbean, this ultra-luxurious project seeks to be a private haven of safety for families who share the same values and want to make enduring memories. Situated in the Golf sector of Dubai South, the largest single urban planned development in the United Arab Emirates, Discovery Dunes offers a rich and diversified array of amenities over 27 million square feet.

In response to the rising number of investors entering the city and seeking to buy real estate, Dubai’s leadership has approved a plan worth AED 128 billion to construct a new passenger terminal at the emirate’s Al Maktoum International Airport, which will help meet the demand for prime residential property values. For club members who are traveling to or from the United Arab Emirates, this location in Dubai South—just a short distance from Discovery Dunes—is excellent for taking advantage of the latest advancement.

Travel and aviation Discovery Dunes members will find great convenience and a significant boost to the nation’s tourism industry from the new international airport, which Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai and prime minister of the United Arab Emirates, claims will be the biggest in the world and able to accommodate up to 260 million passengers. The resumption of work on the Palm Jebel Ali and this new project have set the stage for Dubai South to grow significantly over the next several years.

Several industry professionals predict that the new construction will have a significant positive impact on Dubai South as well as a significant increase in demand for residential and commercial real estate in the city and its surrounding areas. When the airport is completed, property values and investor interest should rise as well. Over the next ten years, demand for real estate in Dubai South and its surrounding districts is predicted to surpass 100,000 units.

Dubai South, one of the upcoming neighborhoods for UAE citizens to live in, is anticipated to grow up near the new airport, which would create housing demand for almost a million people. With significant growth potential and general accessibility, the region will also be a fantastic residential option for both purchasers and visitors, as additional developments are anticipated to be planned once the new airport approaches completion.

“Expanding to the Middle East, with our first community in Dubai, held substantial strategic appeal for a multitude of reasons including the economic vitality, strong increasing demand, and being an attractive destination for both visitors and expatriates, just to name a few,” said Mike Meldman, founder and chairman of Discovery Land Company. These attributes make the nation an excellent location for all types of foreign business endeavors, particularly in light of the nation’s rapid population growth and the ultra-high-net-worth (UHNWI) inflow, which is projected to continue rising for the foreseeable future.

We want our members and their families to have life-changing experiences through Discovery Dunes, and there’s no better place to do this than the United Arab Emirates, a nation that values community and is home to several of the world’s most popular tourist destinations.

According to a poll by KPMG and Agreus, the UAE’s total financial wealth is predicted to increase in the future years due to the contributions of family offices and ultra-high-net-worth individuals (UHNWIs). By 2026, the UHNWI population is forecast to contribute an additional $500 billion to the country’s GDP. The economy’s ongoing expansion will open the door for innovative new initiatives and projects that will help satisfy these affluent people’s and families’ present needs and give them even more reason to consider the United Arab Emirates as a primary or secondary place to call home.

Because of the many advantages private residences offer their members—like making new friends, getting access to exclusive amenities, enhancing health, integrating into the neighborhood, and having a private home away from the bustle of the city, to mention a few—they will undoubtedly play a significant role in this growth.

Through a variety of upscale amenities, such as Dubai’s first and only private golf course created by the renowned Tom Fazio, which accepts players of all skill levels and doesn’t enforce tee times, Discovery Dunes seeks to give its members a sense of “elevated luxury.” Additional important amenities include a “Outdoor Pursuits Programme” that provides a highly customized experience with a range of activities that suit all skill levels, age groups, and local interests, such as road biking, guided bike tours, equestrian sports, kite surfing, and much more. The programme is run by an on-site team.

In addition, members have access to the luxurious “Clubhouse,” which boasts panoramic views, top-notch amenities, including a health and wellness center, and a fully staffed concierge team that can help members with anything from meal reservations to travel planning to house preparations while they’re away, and even golf lesson scheduling.

Members of Discovery can also have access to organic farms, equestrian centers, kids’ groups, cultural programming, and more through Discovery Dunes and throughout the world.

A private dining room, work pods, an indoor-outdoor patio, a state-of-the-art golf simulator that enables the club to hold movie screenings, and many other amenities can be found at Discovery Downtown, which is housed in “The Dubai EDITION Hotel.”