As the property investment bandwagon gathered pace, sound fundamentals seemed to have become secondary considerations as people chased the high yields and substantial returns on offer.
More recently however, following the global events that have occurred over the past couple of months, a more considered approach seems to be emerging amongst investors in Dubai with investors performing a greater degree of due diligence on developments before choosing to invest. The result of this will be a ‘move to quality,’ with investors choosing to place their money where they see genuine long term potential for growth. Iconic developments such as Dubai Sports City, golf villas Dubai will be amongst the key beneficiaries of this shift.
So what is Dubai Sports City, and why are so many investors now looking to invest in this iconic development?
Dubai Sports City is situated in the ‘Dubailand’ project, and upon its completion is set to become the world’s first purpose built sports city. Covering a total of over 50 million square feet, this unique project will epitomize the very bbvessence of sporting endeavor. Incomparable with any other destination, the development is to be home to some of the world’s finest sporting facilities. Four magnificent stadiums including a 60,000 seat multipurpose outdoor stadium, a 25,000 capacity cricket stadium and a 10,000 seat multipurpose indoor arena will play host to high profile events between the worlds sporting elite. For golf fans, Dubai Sports City will be home to Championship standard golf courses including the first ‘Ernie Els’ designed golf course, The Dunes.
With one eye on the future, this unique development will play host to a number of elite sporting academies, where the sports stars of the future will have access to their state of the art training facilities. Manchester United Soccer Schools, the David Lloyd Tennis Academy and the Butch Harmon School of Golf are merely some of the elite sporting brands which have chosen to make Dubai Sports City their future home.