10,000 expat affordable homes for Dubai

expat network

10,000 expat affordable homes for Dubai

10,000 residential units have been allocated by Dubai Municipality in its Dh30-billion Desert Rose master development for affordable housing for expatriates, according to a senior government official.

The new ‘satellite city’, located between Al Ruwaya and Al Aweer areas across the Emirates Road, will cover an area of 4,000 hectares and house 160,000 inhabitants on completion.

The plan to build the ‘smart sustainable city’ was approved by the government in May 2014, with the design being inspired by the desert flower.

“The date for completion is 2025 timeline, but we are ready to deliver it before 2020. However, we are leaving the timescale to the government, if they decide to accelerate we can do it and if they want to decelerate we can still work it out.”

Dubai is the host of Expo 2020 that will run for a period of six months, starting October 20, 2020 till April 10, 2021.

A number of mega real estate projects have been announced and are slated to be completed before the emirate hosts the event.

Desert Rose will have its own renewable energy plant with a planned capacity of 200 megawatts, solar panels on all building roofs and thermal tower, which the municipality expects will lead to reduction of carbon footprint by 300,000 tonnes a year.

Besides, the city will have a sewage recycling plant, seven kilometres of a light rail system linked to Dubai Metro Green Line, 270 kilometres of main and local roads network, 25 kilometres of eco-walk, including pedestrians and cycle ways.

Source: Emirates 24/7

More info: http://tinyurl.com/osk8bbg

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.