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Al Karama

UAE > Dubai > Bur Dubai > Al Karama

Details

Commercial Title :

Al Karama

Official Title :

Al Karama

Type :

Non-Free Hold

Development Number :

N/A

Registration Date :

N/A

Construction Started Date :

N/A

Completion Status :

Completed/Ready

Life Cycle :

Mature

Master Developer(s) :

Dubai Municipality

Launch Date :

N/A

Anticipated Completion Date :

N/A

Handover Date :

N/A

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Special Classifications



Description

Al Karama:

One of Dubai's older neighbourhoods, Al Karama is primarily thought of as a residential area but also has several not one of business ventures. The Arabic term Karama, which means "dignity," served as the basis for the region's name. With Zaa'beel Street serving as the major road of the downtown region and giving rise to several business buildings, Al Karama has a prime location. It is among the locations in the city that are easiest to get to.

Al Karama, which is part of Bur Dubai and near to the Dubai Creek, has a distinctive ambiance and is home to numerous low-rise residential structures. Most tourists mistakenly believe that Dubai is home to enormous skyscrapers, yet Al Karama is notone of them. It is one neighborhood the most inhabited places in Dubai despite only covering a small area of 2 km and being built on a strict grid pattern.

The neighborhood is made up of numerous consulates, government buildings, and the well-known Zabeel Park, which divides Al Karama from the main Sheikh Zayed Road that leads to the Trade Center.

  • Located on the western banks of Dubai Creek, Bur Dubai includes this area.
  • securing a prominent location in the city's centre
  • One of Dubai's oldest neighbourhoods
  • Home to Karama Park, it shares a boundary with renowned Zabeel Park and is close to Creek Park.
  • provides easy access to all the key sites and destinations
  • offers fantastic home options that are affordable for all income levels.
  • low-rise residential units that accommodate people of different cultures
  • The main thoroughfares in the region are Kuwait Street (D77) and Zaa'beel Street (D84).

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Yearly Transactions and Sales

Transactions
Sales
3232242416168800Transactions2008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024400,000,000400,000,000300,000,000300,000,000200,000,000200,000,000100,000,000100,000,00000Sales
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Transactions and Sales by Property Types

Transactions
Sales
200200150150100100505000TransactionsCommercial PlotsCommercial PlotsResidential PlotsResidential PlotsVillasVillasMixed Use LandMixed Use LandIndustrial LandIndustrial LandCommercial BuildingsCommercial Buildings2,400,000,0002,400,000,0001,800,000,0001,800,000,0001,200,000,0001,200,000,000600,000,000600,000,00000Sales
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Price Per Square Feet "Sale"

3,6003,6003,0003,0002,4002,4001,8001,8001,2001,20060060000Price1713.66665928.125650.083351138.55556666672182.83333333332429.42777.61903333332313.14292321.166666666715771439.974351924.751576.22222008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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