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Al Murar

UAE > Dubai > Deira Dubai > Al Murar

Details

Commercial Title :

Al Murar

Official Title :

Al Murar

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) :

N/A

Launch Date :

N/A

Anticipated Completion Date :

N/A

Handover Date :

N/A

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Special Classifications



Road Locations

Description

Al Murar:

The oldest business area in Dubai is Deira. Dubai Creek, Sharjah, and the Arabian Gulf encircle it. It is among the most sought-after locations in the emirate for living and working. This area, a significant trading center, is well-known to tourists for the glistening Gold Souk.

  • Known as Old Dubai's commercial centrecentercenter
  • positioned close to Bur Dubai on the banks of the well-known Dubai Creek
  • the city's oldest mall is located there: Center for Al Ghurair
  • Al Ahmadiya School and Heritage House are located here.
  • a busy trading center for sending goods to Asia and Africa, including spices, textiles, and more


Port Saeed, a surviving remnant of Dubai's commercial past, was essential in establishing this tiny emirate as a world power. Some of the oldest offices, government structures, and shopping malls are located in this area. The Heritage House and the Al Ahmadiya School are fascinating remnants of the city's rich history and have close ties to the emirate's past.

The neighborhood has also kept up with the times by developing into a top tourist destination with an impressive array of chic hotels and active malls. Unrivaled cultural sensitivity is one of Deira's greatest advantages.

Renting apartments in the city is very common in thriving residential areas. Port Saeed, Naif, Al Rigga, Al Muraqqabat, Abu Hail, Al Murar, and Riggat Al Buteen are nearby residential areas.

In the sub-communities of Abu Hail and Hor Al Anz, there are hardly any villas. The region, however, cannot be categorized as one of Dubai's well-liked villa communities. Deira Dubai is well-liked by families, bachelors, foreigners, and locals. It has a mix of older flats and studios.

As one of the city's oldest residential zones without any freehold properties, Deira Dubai is not a place where foreigners can invest. When the long-awaited Palm Deira development is finished, this might alter soon.

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Yearly Transactions and Sales

Transactions
Sales
2828212114147700Transactions2008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024600,000,000600,000,000500,000,000500,000,000400,000,000400,000,000300,000,000300,000,000200,000,000200,000,000100,000,000100,000,00000Sales
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Transactions and Sales by Property Types

Transactions
Sales
2002001601601201208080404000TransactionsCommercial PlotsCommercial PlotsResidential PlotsResidential PlotsMixed Use LandMixed Use Land2,000,000,0002,000,000,0001,500,000,0001,500,000,0001,000,000,0001,000,000,000500,000,000500,000,00000Sales
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Price Per Square Feet "Sale"

6,0006,0005,0005,0004,0004,0003,0003,0002,0002,0001,0001,00000Price4905.42392464.352096.751600.56253269.78793393.194454483.666653235.8412666667583.752495.66672192.69231294.753125.67312357.16672008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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