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Fujairah is a vibrant emirate located on the eastern coast of the United Arab Emirates. Due to its strategic location and access to the Gulf of Oman, Fujairah has a booming real estate market. Our team of experts provide effortless services from start to end.
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Beside the whispering waves of the Indian Ocean and the beautiful Hajar mountains lies a new luxurious oasis in the…...
A beautiful emirate situated in UAE (United Arab Emirates), which boasts of a rich cultural heritage and stunning natural scenery, Fujairah is known for its warmth and welcoming people. Overlooking the gulf of Oman, this city is renowned for its beautiful beaches and crystal-clear waters. It is also an important commercial hub with a thriving economy driven by the tourism, shipping, and fishing industries.
Moving to Fujairah and buying a property in Fujairah will be a smart investment option. The Fujairah real estate market is relatively diverse and has various properties, from apartments, and commercial buildings, to even residential complexes. With time, the city has witnessed increased demand for real estate due to its growing economy and favourable investment climate. Thus, buying real estate in Fujairah is a good deal.
The real estate market in Fujairah has been growing at a consistent pace over the years. It is witnessing newer developments across the city. This was a significant rise from the previous year. The market is projected to increase as more investors and buyers learn about this city's potential—factors like its growing economy and favourable investment climate fuel Fujariah’s real estate market growth.
The real estate market in Fujairah is expected to grow at a CAGR of 6.6% to reach US$ 388.5 million by 2021. In terms of volume, the industry is expected to record a CAGR of 3.9% during the same time.
You will find excellent infrastructure in Fujairah. The real estate infrastructure in Fujairah boasts all kinds of modern amenities and facilities available for its residents. The roads and bridges in cities are in good condition; you won’t find any difficulty exploring the city via buses or other means of transportation. The city also has a seaport and an international airport. The presence of medical centres, recreational facilities, and educational hubs is another excellent point of this city regarding infrastructure.
As of 2023, the population of Fujairah was estimated to be around 256,256 people, with a mix of locals and people from other countries. The majority of this population consists of Indians, Bangladeshis, and Filipinos, who make up most of the expatriate population. Fujairah has a high standard of living, with excellent healthcare facilities, educational institutions, and social amenities.
All of these points make Fujairah a perfect real estate investment option. Most of the population is in the range of 25-44 age group. This demographic group makes up at least 46% of the total population. The male population accounts for 54%, and 46% is female. Talking about the literacy rate, Fujairah has one of the highest literacy rates in the UAE.
The city of Fujairah offers a relatively comfortable and relaxing lifestyle. There are plenty of opportunities for outdoor activities, which include hiking, fishing, and watersports as well. As far as the social scene is concerned, you will find several cafes, shopping malls, restaurants, and entertainment venues that you can choose from.
The overall cost of living in Fujairah is quite affordable. You can easily find many housing options available to suit different budgets. Educational, medical and other recreational facilities are readily available. Overall, it is an excellent place if you want to live in an area that could offer everything and is right for you to raise a family.
Thanks to Fujairah's growing infrastructure, the demand for real estate is rising. There are plenty of opportunities for investors to purchase residential and commercial properties, with various options available, from luxury apartments to budget-friendly townhouses. Its strategic location and overall high quality of life make Fujairah an excellent real estate investment option. The apartments here are very spacious. Overall, the real estate market in Fujairah is quite diverse and is a promising investment opportunity.
A beautiful and bustling city, Fujairah has several localities that make Fujairah real estate market a great investment option. Here are some of the top localities present in Fujairah.
Want to buy real estate in Fujairah? It is a well-established residential area in Fujairah. It boasts townhouses, villas, and apartments. Al Faseel is located close to the city centre. One can easily access highways, making them a popular choice for commuters. The presence of parks, supermarkets, and other amenities make it a good investment choice.
Situated in a coastal area in Fujairah, Dibba has beautiful beaches and scenic views. It is a popular tourist destination with everything from hotels, resorts, and restaurants to other recreational facilities. This makes Dibba a desirable location for those looking for a beachside lifestyle. If you want to buy real estate in Fujairah, then Dibba is a good choice.
Al Hayl is a quiet and peaceful residential area situated in Fujairah. It is a popular choice for families and has several schools, markets and amenities in the area. If you consider buying real estate in Fujairah, Al Hayl is an excellent option.
Sakamkam is a relatively newly developed area present in Fujairah. It is situated close to the airport and is a mix of residential and commercial properties. It has several new developments currently under construction. The area will grow significantly in the coming years and will be a good investment opportunity.
Known for its affordable property and high-quality lifestyle, Al Ghurga is an ideal mix of villas, townhouses, and apartments, making it a suitable location for families, singles and couples. The area also has several supermarkets, parks, and other amenities. Thus, buying real estate in Al Ghurfa would be a wise investment option.
Many new projects are currently under construction in and around Fujairah. A few of them are listed below:
Investing in Fujairah’s real estate market can be a wise decision for multiple reasons. The cost of property in Fujairah is relatively lower than in other Emirates, making it a viable real estate investment option for the people. Fujairah's overall property tax rates are lower than in other cities. Fujairah has excellent infrastructure, including all the modern facilities and amenities, and a high standard of living makes Fujairah a worthy investment option.
Here are some of the popular real estate companies present in Fujairah.
Established in 1986, Better Homes is a popular real estate company in UAE. It has offices present in Fujairah along with other emirates. Better homes offer property management, sales, and leasing services and have a good reputation for providing clients with the best services.
With Cluttons, you can expect the best real estate services in Fujairah. It is a real estate pioneer with a strong presence in Fujairah. If you are looking for property valuation, property management, and investment advice, then Cluttons is your ideal choice to go ahead with.
Formed in 1985, Asteco is one of the leading real estate companies present in the UAE. It offers a broad spectrum of real estate services, including property management, sales, and leasing. Thus if you are looking for real estate services in Fujairah, Asteco would be a practical choice.
This real estate pioneer has a good presence in Fujairah’s property market. You can expect the best of services from them.
Currently, the real estate market in Fujairah is witnessing a rise in demand. Thus, for those looking for excellent and affordable real estate options, Fujairah would be a good choice.
The infrastructure cost in Fujairah’s real estate infrastructure will depend upon the area you plan to invest in. Every city has something unique about it; hence the infrastructure cost depends on how developed a particular area is.
Primarily, Fujairah consists of working professionals and students.
Fujairah has an estimated population of 250,000 people. This consists of a mix of locals and people from other countries. Apart from the locals, most of the population consists of Indians, Bangladeshis, and Filipinos.
Fujairah is a relatively affordable place to live. Some of the best localities to consider buying a house here are Al Faseel, Dibba, Sakamkam, and Al Ghurfa.
Fujairah is an excellent place to live a peaceful yet modern lifestyle. Some of the best communities to explore in Fujairah are Al Hayl and Dibba.
Following are some of the big and upcoming real estate projects in Fujairah.
Fujairah is a relatively affordable area to live a relaxed and peaceful lifestyle. Some of the best localities you can consider living here are Sakamkam, Dibba, Al Faseel, Al Hayl, and Al Ghurfa.
