Discovery Dunes the first members-only premium residential community of its kind in the region.
3 min
Discovery Dunes, spanning 27 million square feet in the Golf district of Dubai South, is part of Discovery Land Company, a global leader in private clubs and communities spanning 35 destinations. This development highlights its significance in Dubai’s prime community market and aims to provide an intimate haven for families looking to create lasting memories.
Discovery Dunes, set in the Golf district of Dubai South, includes Dubai’s first and only private golf course designed by Tom Fazio, welcoming golfers without tee times.
Other key facilities include an ‘Outdoor Pursuits Programme’ offering curated experiences like road biking, equestrian sports, and kite surfing.
Members can access a clubhouse with sweeping views, a health and wellness center, and dedicated concierge services for tasks such as travel arrangements and restaurant reservations.
“Expanding to the Middle East, with our first community in Dubai, held substantial strategic appeal for a multitude of reasons for us including the economic vitality, strong increasing demand and being an attractive destination for both visitors and expatriates, just to name a few. These factors render the country an ideal locale for all kinds of international business ventures, especially when considering the rapid population growth and the increasing influx of ultra-high-net-worth (UHNWI) coming into the country, a trend which is expected to continue increasing for the unforeseen future. Through Discovery Dunes, we aim to provide unforgettable experiences that our members and their entire families can enjoy and what better choice to do this than a community minded country such as the UAE, through all its historic and vibrant emirates and one of the top destinations in the world for both visitors and residents alike,” Mike Meldman, Discovery Land Company Founder and Chairman said.
Globally, Discovery members can experience organic farms, equestrian facilities, kids clubs, cultural programming and access to Discovery Downtown at ‘The Dubai EDITION Hotel’, featuring a signature restaurant, lounge, private dining and golf simulator.
UAE Real Estate’ Steady Growth
The project aims to cater the growing number of UHNWIs and families choosing the UAE as a primary or secondary home destination.
The UAE’s real estate market, driven by its luxury sector, has experienced constant growth in recent years due to strong foreign investment, rising demand for luxury homes, and good return on investment opportunities.
The UAE government’s efforts to enhance the ease of doing business and procedures like easing the process of obtaining a UAE Golden Visa have been key contributors to this surge.
According to Savills’ annual Prime Global Cities Index forecast for 2024, Dubai, alongside Sydney, is expected to outpace other global destinations with prime residential property value increases between 4 and 9.9%. This follows Dubai securing the top spot in 2023 with a 17.4% appreciation, reflecting its popularity as a prime market globally.
The UAE’s financial wealth, driven by family offices and UHNWIs, is expected to contribute an additional $500 billion to the overall economy by 2026, according to a survey by KPMG and Agreus.
This growth is anticipated to pave the way for new developments catering to wealthy individuals and families.