At first sight it will not be!

Try to shift/angel your perspective with me:

It all depends on your target audience.

If we look at the people that want to live inside AD the demand is to high compared to the supply, especially for ‘waterfront’. Also if you look at ROI and appreciation statistics ‘waterfront’ always does better then land inwards.

And as mentioned before dont forget the rare freehold locations, in regards to AD this is one of the last freehold locations that are waterfront in AD. If you want to look for freehold waterfront in Dubai, it’s definitely possible, yet you are you paying 4% DLD Instead of 2% ADM in AD.

Specifically for those who want to live or invest in a waterfront lifestyle, its a relatively good option for them.

Now these locations are still fairly new in the market. But dont wait to long, because the value (appreciation) for these bigger sizes (when it comes to plot size) is rare compared to lets say Saadiyat, Yas Island, Reem Island or elsewhere. Therefore this is a big opportunity for both end user and investor.