Luxury villas, a 340-meter skyscraper and a clothespin tower: surprising real estate market in Dubai


eal estate market in Dubai
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Property in Dubai

New projects appear in Dubai almost every day. If you want to buy luxury property brokers in Dubai the UAE are there to help you and give advice on the market. Let us have a look at the three high-profile projects that will blow your mind. Remember, the best time to invest in a real estate in the emirate is now. So have a look at the projects and get a

Clothespin tower in Dubai will accept cryptocurrency

By 2026, skyscrapers in the form of clothespins will be built in Dubai.

The unique clothespin tower will be built in the city by 2026. The 50-story clothespin building will symbolize the strengthening of relations between Israel and the United Arab Emirates and is going to be the world’s largest work of art.

The first information about the project appeared in February 2021. It is reported that the complex of two interconnected buildings will house a luxury hotel, art galleries, residential apartments and a shopping center, and will also receive digital currency.

The 170-meter skyscraper was designed by Israeli architect and artist Zaigo, known for his series of innovative sculptures. According to his idea, the clothespin will be a single complex of two identical halves looking at each other. The architect called his project a symbol of unity, love and peace.

  • The first tower is going to be commercial and will house a shopping center, restaurants and a modern art gallery on its floors,
  • while the second will be a hotel with 1200 rooms and 300 residential premises.
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It will not do without a fitness center and a luxurious spa. It is going to be possible to pay with cryptocurrency in a shopping center, hotel and shops. The architects plan to start construction in 2023.

A 340-meter skyscraper is being completed in Dubai

In Dubai, the construction of a 340-meter skyscraper is nearing completion.

In the city, the construction of a new architectural landmark, the Uptown Tower skyscraper in the DMCC business district, is nearing completion. Together with the “crown”, the height of the building will reach 340 meters.

During the construction of the tower, which began in the summer of 2019, about 140,000 cubic meters of concrete and 30,000 tons of steel were used. At present, the architectural structure has acquired its shape, the facade of the tower, consisting of more than 8500 glass panels, is 90% lined.

Uptown Dubai is planned to be a mixed-use development that will house office space, apartments, a five-star hotel and restaurants. The building was designed by Adrian Smith + Gordon Gill Architecture and is expected to be Leed Gold certified.

It is worth noting that several more unique projects were announced earlier in the emirate.

Turkish architect Hairi Ataka has announced the construction of a skyscraper in Dubai that rotates around its own axis with the force of the wind. Three Squall Towers are expected to be located on the coast of the emirate, next to the Dubai Marina area.

The cross section of each tower is going to be streamlined, allowing it to spin efficiently with minimal wind resistance. There is going to be a helipad on the roof. The building is going to rotate once every 48 hours at a fixed speed, regardless of wind strength. Thus, each of the tenants is going to have a view of both the city and the sea.

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New luxury real estate in Dubai in 2022

According to one of the emirate’s developers, a new luxury real estate project Tilal Al Furjan has been launched in the emirate, which is presented in the form of 220 luxurious villas with 4 and 5 bedrooms, overlooking the Al Furjan area. It is noted that each villa has spacious rooms, high-quality materials and floor-to-ceiling windows.

At the same time, around the mansions, located on a hill above the Al Furjan area, there are wide open spaces, shaded paths, extensive landscaping and various amenities, including swimming pools, bike paths and playgrounds for children’s games and sports.

According to the company, the new high-end project was launched to meet the demand for high-end properties that exists in the real estate market today. Luxurious mansions in the Murooj Al Furjan project launched in May 2021, as well as in the Murooj Al Furjan West project launched in September 2021, have reportedly been successfully sold in the past.

The company noted that the villas not only meet the luxury standards with the best materials and finishes, but also offer their owners a number of eco-friendly features, including solar water heaters, moisture-resistant fresh air distributors, and places to charge electric vehicles.

Along with this, the area of ​​each villa reaches up to 489 square meters, on which there is a magnificent garden with a swimming pool and a garage with 3 parking spaces. The ground floor of the villa has a spacious front entrance, kitchen, living and dining area, as well as a maid’s room and a guest bedroom with bathroom.

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Upstairs, the master bedroom has a walk-in closet, bathtub and shaded balcony overlooking the beautiful garden. It is noted that the territory of the Al Furjan district is 560 hectares, on which 30,000 people will live today. In addition, the area is considered the most multifunctional and largest, where there is a metro station, schools and other social facilities.

Real estate agency in Dubai

Ax Capital provides real estate services for the lease and sale of real estate in all segments. With the help of their specialists, you can buy luxury real estate in Dubai and other emirates of the UAE. The real estate database, which contains a huge number of offers, includes both exclusive apartments and budget options, as well as a large number of suburban housing of all categories. The agency’s specialists will help you choose the best option for you and complete the real estate purchase and sale transaction as reliably and quickly as possible!


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