
New Projects in Meydan Avenue and Beyond Fuel Investor Interest Amid Projections of 20-30% Volume Rise and 10-15% Price Surge
As Dubai’s real estate market gears up for a transformative year, Elton Real Estate Development has announced its entry with a luxurious residential project in the sought-after Meydan Avenue. Anticipating a surge in demand, market projections show transaction volumes rising by 20-30% and property prices increasing by 10-15% in 2025. This growth is attributed to Dubai’s business-friendly policies, a unique blend of culture and safety, and strategic government initiatives that are drawing investors and new residents alike.
While global markets like New York or Mumbai see prices up to $3,000 per square foot, Dubai’s prime properties remain competitively priced at around $1,000 per square foot. “This price advantage, high rental returns, and Dubai’s open investment environment solidify it as a premier choice for real estate,” stated Anmoll D. Shroff, founder and chairman of Elton Real Estate Development.
Elton’s debut project in Meydan Avenue places emphasis on luxury, featuring a premium residential building on a prominent corner plot, with views of the Burj Khalifa, Meydan Grandstand, and scenic gardens. This project marks the start of Elton’s larger vision to establish a strong footprint in the UAE’s real estate market. “Dubai’s visionary growth and vibrant lifestyle make it a standout globally,” Shroff added, noting how strategic location and safety make the city a prime destination.
The ongoing Golden Visa initiative continues to draw high-net-worth individuals, entrepreneurs, and developers, supporting Dubai’s ambitions for sustainable urban expansion. Shroff’s vision for Elton focuses on delivering high-quality projects and exploring prime areas such as Arjan, Furjan, and Jumeirah Garden City. With plans to secure land in these areas, Elton anticipates launching up to four projects in the coming year.
Elton’s entry is perfectly timed as Dubai’s real estate market, buoyed by economic resilience and government initiatives, stands on the brink of a new era, ready to attract investors from around the world.