Why Dubai Maritime City is the Best Place for Real Estate Investors Right Now!

Beyond by Omniyat is redefining luxury waterfront living and setting the tone for Dubai Maritime City's transformation into a true master plan community. Welcome back to the Dubai Connect podcast. I'm GG Benitez, CEO of GG Benitez International, a certified international property specialist and a licensed realtor with offices here in Dubai, in Spain, and in California. We'll explore the inspiration behind Beyond. Today we're focusing entirely on the project itself, its architecture and amenities, why it's drawing such strong regional and international investor interest, and what you can expect in terms of capital appreciation and rental yields. If you want to know why Beyond is one of Dubai's most anticipated launches, you're in the right place. Welcome to season 6 of The Dubai Connect podcast. Tell our viewers who is Beyond by Omniyat and why did they even decide to come into the market? Okay so I will tell you who is Beyond. We have basically started now again having the timeline and all this credibility. We are new in the market but we have a vision that coming from what was created in the past people trust that vision. So what we're creating in Beyond is something unique. If we did not have a unique plan in hand we would not have a unique plot in hand. So yes that's going to be a little short itself. I like that. Say that again. If we did not have a unique plan we would not have a unique plot. I loved what you just said and your plots that you have in what we just talked about in Dubai Maritime City are arguably the best plots on the market. I would say it's on the tip of the island. Yes. And it's prime prime prime prime. And then I'm very proud that I was talking about Beyond. I feel like before a lot of other agents kind of were talking about it. So I was really excited to bring it not just to American investors but to global investors from the UK and Europe and your location is key. So what I wanted you to talk about is the differentiation because we've already done in the studio when you first launched before I knew about the forest launch. We had talked about the front line. Yes. And someone can refer to that previous video to really go in when you were showing on the model. Yeah. What I found really exciting is your prices were going up up up, right? Yes. Very reasonably as market strategically. Yes. Some investors were then priced out at some point, right? There's a certain level. Yeah. And then you introduced the forest. Correct. Which is sure it's considered second line. Yes. But can you go into the forest? Yes, of course. So I will tell you how we basically came up with this planning which building to launch first. Our first building was Orice Tower which was kind of a double tower twin tower. GG before I get into the details one of the things that we are planning to do in this project is to clear not to have any unobstructed views. Okay. So we have unobstructed views for every single tower that we come up with. That's why we position every single tower on a plot that will get the maximum view from every single angle. So we started on Orice Tower. We had the second tower, Sensia Tower. It's actually the third building but because the first one was twin. So we had Sensia. After we launched Sensia, we went to the tip of the island almost at the end which is one of the premium locations. We launched the Mural Tower. After launching Mural, why did we decide to go into the forest? As I said, we are planning every single building on a plot to have the best view that you can. So we have four plots on the forest section. We need to know where to position the rest of them as we are the master builders. So we want to know exactly how to position the rest of the towers within the bay area. So we have the bay side and we have the forest district. So having to go from forest to the bay, we are aligning the towers in a position that they will not block each other's view. And that is what we value today in Dubai. When it comes to one-bedroom units, two-bedroom units, sometimes especially in one-bedrooms, the views are very blocked. One-bedrooms do not get the advantage of that beautiful open view. That's something that we are trying to give to the clients in this project and trying to create something different. We are basically changing the dynamic of the seafront because what you see in like many of our partners or investors they ask me they say how do you compare Beyond project to other developments? I would say we don't have anything to compare with. It's very unique. The concept is unique. This will be the first forest by the sea location within Dubai. So again we are creating something different and that uniqueness of the project allowed us to have the honor to get that plot basically. So we are creating a forest and a seafront living. It's a combination of a forest and a seafront where we are allowing these two elements to access each other throughout pedestrian bridges. It's a beautiful project. If looking into the master plan, the vision that we want as part of the ending like how is it going to be, it's really something unique in Dubai. Like you need to be visionary. You need to see the future in order to be able to feel how precious and what's gained and how what great capital appreciations you can actually get on this project. People tend to see what's in front of their eyes always. I always tell clients that today when you see something under construction you will not see the ending part of it. They see that wow this is very nice. Yeah, but prices are already increased. Sorry. And like oh no, that's too expensive. Dubai has taught us to be visionary. Give that privilege to yourselves to enter at the right time. Get on a better price. You have a beautiful payment plan which I would say is a beatable payment plan in the market. I don't know if there's any other waterfront location that has your payment plan. No, it doesn't actually. And so you're getting the best location, you're getting a different project. Difference is something that will take you to the other level. We are not copy-pasting. We are not building a generic building without design. We are bringing actual known well-known architectural designers. We are bringing interior designers, some very big names in the market to create this vision with us. So behind every successful developer there's a team that is taking that developer to that level and we are creating that unique team to take us to that next level. It's not just of course they have their unique sales as well but they have our shade. No we have a beautiful management team. We have an amazing management team. We have great sales managers in the company that really gives you that privilege to understand the project and to really take Beyond to the next level. Have they announced yet what's going to be at the very tip? Coming soon. Okay. And rumor is it's going to be a private beach. Yes. With but accessible by those who own the property in all. Now I'll tell you something GG in every master plan when you're building a community and this is something I always tell everyone expect changes to happen. Okay, it's normal because throughout the construction process you might see okay this will be placed better if it would be here. So again throughout yes the plan is to have the beach the plan is to have the beautiful lagoon. The plan of the forest is already under development. So you always need to expect minor changes not major changes. Do you know of any minor changes since you and I have started talking about this? So far nothing. So can you explain a little bit about the cove actually in the lagoons because that is a unique visual? Beautiful. Exactly. So due to this part now I don't have it to show it to you but the first row of the bay I'll probably show up a video. Yes. So being on the pathway of the yachts and the cruises we are not allowed to have any beach there to extend anything there. But what we have tried to create unique is to create a lagoon there. A lagoon that will I would say is divided into three parts. You have the sport zone facilities where you have the Olympic size swimming pool. You will have a swimming pool inside the sea basically which is going to be covered by nets. You will have a zipline. You will have a waves pool. Another segment we are coming up with a sandy beach style. So this is the vision for the entertainment sector. Then you have the spa and the retreat center which you will have like a vision of the relaxation that you can actually expect throughout this process. And below all these buildings we are having F&Bs. So you have a lot of we are giving a different lifestyle to the residences. So these F&Bs we're very happy to say that it's not for sale. We're renting in order to have a control on the community standards and what we want to create basically. So far this is what the plan is. And then we have the forest district. Now the forest district the land itself is around 65,000 square meters which in this 65,000 square meters you have a pure forest area of 55,000 square meters. Now again we're trying to create something different. 75% will be canopy. So again you will have shaded areas. You will have different segments like a football court, basketball court, different sport courts that we are planning there. Dog park, again it's a pet friendly community. So whatever that you can think of in having in a resort, whatever you can think of in having as a luxury lifestyle. And why does this matter for an investor? It's very important because today in Dubai lifestyle is what matters. People come to Dubai because of the lifestyle. Now you are in that city that is giving you everything. You need to live in the community that gives you everything. So we really want our investors and our buyers to get the best of everything when it comes to F&Bs, get the best types of restaurants that you can expect in the community, when it comes to residences, get the best architecture, best layout, best views, best of the best. And connected because we talked about this in part one, but we're talking about 10 minutes to the International Financial Center. Yes, exactly. So connectivity to the International Financial Center and downtown is very convenient. Even within the community we are connecting the forest to the Bay Area through those walkways. Right. Yes. So we're having pedestrian bridges. We're going to have Spanish steps designed to basically connect these two zones together so clients will not need to basically take a car, go and park it in front of the bay to go. They can easily come out of their building and go through. And they can walk to Port Rashid Yachts and Marina, which is another community. I know it's not your community. It's a totally different concept, but that also will be a destination with high-end restaurants and the yacht club and it's just a pedestrian walk over there. Exactly. It's like a promenade. You come down and you go for a beautiful walk. Stunning. And then the other thing that I thought was really unique about what you did is that each building has its own theme. Yes. So when it comes to designers, interior designers, each building has its own team. When it comes to amenities, each building will have a unique amenity. We've actually done this for clients to not say "Okay I'll wait. Maybe there's a better one coming up, right? Very strategic. Yeah. So what you have is unique. Okay. That other building will not have. What the other building will have would be unique. And every single building will have a unique amenity in order to give that different vibe to every single tower. And of course investors do not need to wait for something better and better. What you have is the best. We are creating another best. It's just about getting in at the right time which is right now because we know so there has been some like an article just came out is there going to be oversupply will prices go down but as we mentioned in part one waterfront stands the test of time because of its uniqueness right and with scarcity comes greater value. So right now when my clients are coming to me and they're saying well do you think there's going to be oversupply, first of all if you look at overall numbers... There is not enough supply to meet the demand. Exactly. We look at the rate of growth of population. Absolutely. And even what's going to be handed over there's not. However I do believe that there are pockets of areas that are going to become a little crowded. Absolutely. So I want to hedge against that from my investors and we know I mean NightFrank has done multiple studies globally and some based just on Dubai that waterfront offers higher capital appreciation and rental returns and then because you said like less than 7% is available for off-plan waterfront. And then the connectivity. And then the Beyond even though it's Beyond and its own fresh name of affordable luxury it has the backing of the Omniyat that has been true and tested. True. Your uniqueness of all of your buildings, the uniqueness of the forest, the unobstructed views, even the way you do the floor-to-ceiling heights, right? The quality. Many many things like I can speak about Maritime City and our project for hours GG like I would have things to say and it's not repeated it's just like new information new information so this is what I love about Maritime City it doesn't end. You know you can keep talking about it mentioning bullet points bullet points bullet points that are really important in an investment. So one of the things that you mentioned is supply like the for the growth of the population that we're having we were expecting to reach to 4 million by 2030 or 2035 I believe which now we are in 2025 and we have reached that so that is massive. Right now the key factor that plays a very big role in your ROI in your ROE is the supply of the market if we oversupply even when it comes to every single building we have very limited number of units and that's why we sell out on every single launch. So we are bringing very limited number of units in every building. We are not copy-pasting our layouts. We are either exclusive on view or we are exclusive in layout. So layouts even if they're being repeated they're one from every single view. We are not coming up like one sector 10 units or so. When we are creating our floor plates we create the floor plates very smartly not to repeat a certain layout or we want this uniqueness to be felt within the project and within the time that we hand over the project as well. So for us as a developer having a lot of supply in the market even when the project is ready that is not a good thing. We want very limited easy sales, easy rental that once you're searching for a project in that certain area, there are no available units in the certain areas. So when it comes to sales you will not have a huge supply on the secondary market as well. And when it comes to the capital appreciation, everyone is a winner. Beyond by Omniyat is more than a project. It's a statement about the future of Dubai Maritime City and the opportunity this community represents for you investors. If you want to secure a prime unit or learn more about which waterfront projects offer the strongest ROI potential, my contact information is in the description. Message me today and let's discuss the right strategy for you. And if you haven't already watched part one of this series, make sure you go back and listen. It's a complete deep dive into Dubai Maritime City location, its advantages, infrastructure plans, and why it is a fit for global investors. Make sure you like, subscribe, and follow The Dubai Connect right here on GG Benitez International for more Dubai real estate info.