Dubai UAE Real estate boom- Ever wonder where your oil money is going

Real Estate Agent with DAMAC Properties Dubai

Faizan Parvez


I, Faizan Parvez work as a Property Consultant for the Largest Private Property Developer in UAE. Damac Properties. We are running our business successfully and we are growing rapidly. We have 72 projects of which 54 are in Dubai itself. We are also in Qatar, Jordan, Egypt, Lebanon, Morocco and venturing into different parts of the world.  You can find us on I have furnished you our website and links direct to our projects. Please do investigate these.

 I would like to take this opportunity to invite you to work with us as an agent. Below is brief information on different areas in Dubai where our developments are and their significance.

 Business Bay Is to be the main business hub of Dubai. High up in the strategy of Dubai to expand its already booming economy and attract even more Foreign Direct Investment. A $30 billion, 64m sq ft project developed along the lines of New York's Manhattan and Tokyo's Ginza. Truly in a central location close to the other business hubs and main roads of Dubai as well as the new Business Bay crossing taking you over the creek which is also being extended towards Business Bay. A world class business infrastructure.  Sophisticated self-sustaining community offering luxurious lifestyles to residents.


Offering:          Water's Edge       


                        The Corner                                                                                         Commercial

                        Business Central                                                                                    Commercial


                        Business Tower                                                                                   Commercial 

                        XL Tower                    Commercial

                        Capital Bay                                                                                        Commercial

Executive Bay               Commercial


International Media Production Zone (IMPZ), A free zone targeting the Graphic art and production & packaging businesses within the media industry and offering foreign businesses 100% ownership and a tax free haven. The media industry is booming and growing at a rapid rate with many new companies registering every month and headquartering in Dubai. There were 100's of companies that were meant to be in the Dubai Media City but as that filled quickly, they are planned to be put in the IMPZ. It will be 80% commercial and 20 % residential thus making the limited residential offering a great opportunity for high returns. It's also a very central location being on the Emirates Road and Khail Road and close to the Sheikh Zayed Road.

 Offering:          Lakeside                                       

                        The Crescent                              


                        Lagovista 2 

 Jumeirah Village South, a peaceful residential self-sustained community of international schools, community centre, jogging and cycling trails, sports and leisure facilities, medical facilities, and round the clock security with over 2000 villas and townhouses and luxury apartments, built in classic Arabian and Mediterranean architectural styles as well as many more. Central location in the ‘New Dubai' traffic and pollution free side. On the Khail Road & Emirates Road, which are two main roads in Dubai as well as the Barsha Road, which will take you to Sheikh Zayed Road (lifeline of Dubai) and the Marina very quickly.

 Offering:          Emirates Gardens                        

                        Emirates Gardens 2

                        Тuscan Residence                         

                        Тuscan Residence2                     

                        Fairway Heights                          


 Dubai Land, being twice as big as Disney Land and offering extensive choice of entertainment options, hotels, residential, commercial and a retail haven, Dubai Land will truly be a city within a city. Its high up on the Dubai Strategy to attract more tourists and investors hence will be one of the main areas in ‘New Dubai'. It's also a central location being close to all of the main roads allowing you to get around Dubai easily and conveniently

  Offering:          Lincoln Park                                         http//

                        Westside @ Lincoln Park           

                        Madison Residence                    



Area:                Dubai Marina, needing no introduction it's one of the areas that put Dubai on the map, being one of the most trendiest and luxurious places to live as well as enjoy the night life of Dubai. A glamorous array of high rise structures adding true value to the skyline of Dubai, with the sea and the breath taking marina as the backdrop. Lit palm trees, impressive water fountains, fantastic dining, super cars parked on the road and million pound yachts parked in the marina is the atmosphere of Dubai Marina.   

 Offering:          Damac Heights                              

                        Ocean Heights                            



Area:                Downtown Dubai, hosting the tallest structure in the world; ‘Burj Dubai' as well as the biggest Mall in the World; ‘Dubai Mall', Downtown Dubai is attracting a lot of worldwide focus. In the heart of Dubai and along the Sheikh Zayed Road, which is the lifeline of Dubai, Downtown Dubai will offer a premium space for residential, commercial and retail. Capturing the essence of Dubai, Downtown Dubai will offer everything to everyone.


Offering:          Burjside Boulevard                         



Area:                DIFC, The Dubai Financial Centre is the financial hub of Dubai and one of the most prestigious locations within the Country as well as the region. One of Dubai's successful Free zones, it hosts three international banks and is a well sought after location adding value to any company registered there.  It includes a practical underground system of roads and walkways linking the whole of the DIFC.

                        Truly a central location directly parallel and behind the Sheikh Zayed Road and near the Dubai World Trade Centre as well as other business hubs.


Offering:          Park Towers        Commercial/Residential



Area:                Down Town Jebel Ali (DTJA), a 200 hectare urban centre that will stretch for 11 kilometers beside Sheikh Zayed Road, the lifeline of Dubai. A clever design including ample space in-between buildings, with pedestrian congestion-free areas. DTJA will have a rich, convenient and intelligent transport system including Four new freeway intersections, a Dubai Metro station centrally located in each quarter and a state of the art internal people mover system that will provide an environmentally-friendly, practical and comfortable way of moving throughout Downtown Jebel Ali. It will be a strategic area being near Jebel Ali Free Zone, Dubai Waterfront and Techno Park, and will be the gateway to Dubai's new international airport and its surrounding developments.


Offering:          Suburbia                                      




Comments (11)

John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Welcome to ActiveRain, Faizan! It's nice to see info on developments in other parts of the world. We've had significant investments from Dubai in the City Center project here in Las Vegas.

Jun 22, 2008 08:16 AM
Susan McQuaide
Keller Williams - Simpsonville, SC

Welcome to Active Rain! You have come to the right place to get the word out!

Jun 22, 2008 09:20 AM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

Jun 22, 2008 10:15 AM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hi, welcome to Active Rain! I hope to see more of your blogs in the future. Learn from others, share your knowledge and experiences and enjoy yourself! Take care! ---Kirk.

Jun 22, 2008 01:31 PM
Dwayne West
Atlanta Real Estate - Canton, GA
Canton Georgia Real Estate

Welcome to the Active Rain community. You have chosen a great site with tons of information you can learn from.

Jun 22, 2008 02:02 PM
Crystal Corr
Keller Williams Greenville Central - Simpsonville, SC

Welcome to Active Rain. I hope you enjoy it and learn from it as much as I do. Happy Blogging!

Jun 22, 2008 03:23 PM
Kelly Winch
Cascades Sotheby's International Realty - Sunriver, OR
Broker, CDPE

Welcome to Active Rain.  I thnk you'll love being in the "rain"

Jun 22, 2008 04:13 PM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Faizan,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!


Jun 23, 2008 01:12 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Welcome back to ActiveRain!

    Much has changed since your last visit to ActiveRain.  I encourage you to take another look at the website. 

    Surf some blogs, leave some comments.  Better yet, post a Blog.

    Best to you!

Sep 13, 2015 12:45 PM
Roger Adams

A very interesting article indeed. I would really like to invest and buy real estate in dubai in the future for sure.

Jan 05, 2022 03:02 AM