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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.
UAE’s seventh-largest city, Fujairah, is located in the Gulf of Oman. This city is popular for being a commercial and industrial hub on the west coast of the Indian Ocean. Fujairah was once under Portuguese control in the 16th century before it joined the UAE federation in 1971. With the popular name of the city comes a popular real estate market. There are multiple ideal areas to look for if someone is willing to buy a property in Fujairah.
The city has everything to cater for the diverse needs of the buyers and investors. From top-class educational facilities to advanced health care systems, the city has all to make living easy. The Fujairah real estate market is growing exceptionally with several off-plan projects and developed infrastructure. Some localities even offer luxurious lifestyles with premium residential options.
The real estate market in Fujairah has experienced remarkable growth in recent years. In the diverse Fujairah real estate market, gross domestic product will skyrocket in 2023-24. Investors are heavily investing in Fujairah’s off-plan projects for both residential and commercial properties. As real estate developers launch new projects in Fujairah, many of them sell out quickly. This high surge in the housing market shows a favourable environment for the real estate sector.
The prospective homeseekers or investors can choose from multiple options, right from luxurious homes to affordable housing units. The positive trends from 2023 are likely to continue in 2024. With the increased investor confidence and potential infrastructure developments, the market could experience accelerated growth. Increased tourism in the area and a growing population could be positively impactful on the rental market. In the coming quarter, a broader range of property types can be seen in Fujairah’s real estate market.
Fujairah's infrastructure and communications are carefully designed to make use of its unique geographic location on the UAE's eastern coast, bypassing the Strait of Hormuz. This emirate is well-connected by an extensive network of highways, including the Sheikh Khalifa Highway, which facilitates trade and mobility. The Port of Fujairah is one of the world's largest bunkering facilities and is critical to the worldwide oil supply chain. It also provides facilities for general cargo and has great logistics skills.
Although smaller than other UAE airports, Fujairah International Airport handles cargo and passenger aircraft, providing both local and international connectivity. The emirate is also focusing on increasing its digital infrastructure by establishing modern telecommunications networks to accommodate its rising population and economic sectors. Fujairah has a network of buses and taxis, but personal vehicles are still the most popular means of mobility.
The government's dedication to improving infrastructure is visible in ongoing projects such as highway extension, public transportation enhancements, and utility renovations, all aimed at supporting long-term growth and attracting further investment. The well-planned and developed infrastructure of Fujairah contributes greatly to the real estate market in Fujairah.
Fujairah's population is diversified and increasing, reflecting its unique position as a regional business hub and cultural crossroads. According to recent estimates, the entire population of Fujairah is 292,358 with many immigrants contributing to this figure. Fujairah's demographic composition is primarily male, as is usual in many Gulf countries, due to a significant workforce in the construction, retail, and service industries.
The population is relatively young, with a significant proportion under the age of 30. This reflects the UAE's overall young demographics. Fujairah is home to several ethnic groups, including Emiratis, South Asians, Egyptians, Filipinos, and other Arab nationalities, which leads to a multicultural environment. This kind of demographic diversity is important for real estate infrastructure in Fujairah and the emirate's economic strategies, especially in tourism, trade, and industry sectors.
Fujairah's strategic initiatives to improve its economic status also attract professionals worldwide. The government actively manages demographic changes with policies aimed at enhancing the quality of life, ensuring economic opportunities, and integrating different communities within the social fabric of the emirate.
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 or 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 292,358 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.
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.