Exploring the Significance of Al Qasimia Building in Dubai
Intro
The Al Qasimia Building stands tall amid Dubaiās ever-growing skyline, symbolizing the fusion of traditional aesthetics with modern architecture. Located in the core of the city, this edifice is not merely a structure; it embodies the cultural ethos of a rapidly evolving architectural landscape.
As we dig into its multifaceted dimensions, it becomes crucial to recognize the factors that make this building special, including its historical roots, architectural characteristics, and financial implications in an escalating urban environment. For those observing the real estate market closely, understanding the nuances of Al Qasimiaās presence can offer invaluable insights into investment opportunities that lie within Dubai's vibrant tapestry.
In this article, we will traverse through the various avenues of the Al Qasimia Building's relevance in the architectural domain and its undeniable impact on the local economy. We'll explore its physical attributes, uncover its influence on nearby neighborhoods, and assess the promising prospects it holds for investors, long-term residents, and expatriates.
By examining the intricate layers of both historical significance and present-day economic involvement, we aim to provide a crystalline view of what contributes to the overall standing of the Al Qasimia Building in the context of Dubai's rapid ascent on the global stage.
Preface to Al Qasimia Building
The Al Qasimia Building stands as a noteworthy entity within the architectural and cultural tapestry of Dubai. It is not merely a structure; it's a testament to the city's aspirations and evolving identity. Understanding the significance of this building is paramount for a range of stakeholders, from investors to residents. Unpacking its multifaceted identity reveals not only the physical attributes but also the social and economic implications it holds for the surrounding community and the greater urban sprawl.
Historical Context
Delving into the historical context of the Al Qasimia Building sheds light on its inception, reflecting major milestones that shaped Dubai as we know it today. Executed in a period of rapid development, the building embodies a pivotal point where tradition meets modernity. The architectural design reflects both Islamic heritage and contemporary innovation, thus positioning it as a beacon of cultural significance. This juxtaposition draws those intrigued by Dubaiās past, as well as those excited by its bright future.
It is essential to observe that the Al Qasimia Building does not just represent bricks and mortar; it stands in the midst of a rapidly changing urban landscape. Historical accounts reiterate how this building has witnessed various transformations in governance, economic booms, and shifts in demographics. These elements offer a rich narrative, engaging anyone looking to grasp the significance of historical evolution in shaping urban environments.
Architectural Overview
From an architectural perspective, the Al Qasimia Building presents a compelling visual narrative. Its design incorporates local materials and techniques, symbolizing a blend of practicality and aesthetic appeal. The faƧade draws inspiration from traditional Arab architecture yet is adorned with modern elements that resonate with contemporary tastes. This alignment with both the local culture and global trends speaks volumes about the buildingās intent to cater to a diverse array of occupants.
Visitors and potential investors can appreciate not only its external allure but also the thoughtful spatial layout inside. The buildingās orientation maximizes natural light and airflow, a testament to smart architectural planning in a climate known for its extremes. Additionally, the use of sustainable design principles marks a significant stride towards environmentally-conscious building practices. These features collectively showcase a forward-thinking approach that prioritizes comfort and sustainability, making it an attractive option for various stakeholders.
"The Al Qasimia Building is more than just an edifice; it encapsulates the spirit of innovation amid tradition, standing resilient in Dubai's ever-evolving skyline."
In summary, the intrinsic value of the Al Qasimia Building lies beyond its physical structure. Embedded within its walls are stories of growth, aspiration, and a commitment to upscale living. For investors, home buyers, and urban planners alike, the understanding of its historical and architectural context serves as a foundation for recognizing its role within Dubai's broader urban narrative.
Significance in Dubai's Urban Landscape
The Al Qasimia Building holds a pivotal position in the intricate tapestry of Dubai's urban environment. Its influence transcends mere bricks and mortar; it embodies cultural identity, commercial vitality, and architectural ambition. As Dubai continues its surge toward becoming a global nexus, understanding the significance of this building offers invaluable insights into the city's evolution and future trajectory.
Cultural Relevance
The cultural significance of the Al Qasimia Building is rooted in its reflective nature of Dubai's diverse society. It stands not just as a physical structure but also as a testament to the United Arab Emirates' (UAE) rich history and traditions. The building integrates elements of modernity whilst respecting its cultural past, showcasing the balance Dubai strives to maintain between heritage and innovation.
Interestingly, in a society where multiculturalism thrives, the Al Qasimia Building acts as a melting pot. It draws expatriates and tourists alike, allowing them to engage with Emirati culture through art installations, community events, and exhibitions that frequently take place within its premises.
"While the Al Qasimia Building symbolizes modernity, it also invites a dialogue with tradition, creating an atmosphere where cultural expressions can flourish."
Furthermore, the building's strategic positioning enhances its cultural relevance. Situated near historical landmarks and vibrant marketplaces, it provides easy access to local experiences, attracting visitors keen to understand the fabric of Emirati life.
Urban Development
Urban development in Dubai is characterized by its rapid pace and innovative projects, and the Al Qasimia Building is a compelling example of this phenomenon. The structure has played a crucial role in shaping the local skyline and is a symbol of compassionate urban planning. Surrounding the building, developments continue to unfold, emphasizing connectivity, sustainability, and enhanced lifestyle for residents and visitors.
The Al Qasimia Building is surrounded by vibrant commercial districts, which has encouraged an influx of businesses, both large and small. This symbiotic relationship fuels economic growth, as it not only creates job opportunities but also fosters a burgeoning community of entrepreneurs. Property values have seen significant appreciation in the vicinity, suggesting that the Al Qasimia Building acts as a catalyst for both commercial and residential development.
Additionally, the integration of green spaces around the Al Qasimia Building symbolizes a growing commitment to environmental sustainability in urban planning. Investments in parks and recreational areas not only enhance the aesthetic appeal but also promote healthier lifestyles, making the area appealing to a broad demographic from families to single professionals.
In summary, the Al Qasimia Building is more than just a visually striking landmark; it serves as a cornerstone in the cultural and economic narrative of Dubai. Understanding its significance within the urban landscape provides a clear picture of how the city is evolving, driven by an intertwining of tradition and modernity.
Architectural Features of Al Qasimia Building
Exploring the architectural features of the Al Qasimia Building is paramount to understanding its place in Dubai's urban tapestry. This structure is not just about appearances; its design elements and sustainability practices play a vital role in its appeal and functionality. For investors and residents alike, these features significantly influence market value, livability, and environmental impact, making them essential topics of discussion.
Design Elements
The design elements of the Al Qasimia Building serve as a testament to innovative architecture that respects tradition while embracing modernity. At first glance, the facade is striking, featuring a blend of contemporary materials and traditional Arabesque motifs. These intricate patterns are not just for show; they provide shading from the harsh sun, which is a practical consideration in the desert climate.
Moreover, the layout of the building reflects an understanding of social dynamics. Open spaces encourage community interaction, while private areas allow for solitude, appealing to both families and individuals. The incorporation of large windows ensures that natural light floods the interior, promoting a healthier living space.
Natural hues and textures were intentionally chosen to create a sleek yet warm atmosphere. From the polished marble floors to the wooden accents, every aspect is designed with care, creating a homey feel balanced with elegance.
In addition, the building utilizes a stepped profile, enabling wind circulation around the structure, which is both an architectural delight and a strategy for temperature regulation. This melding of form and function elevates the Al Qasimia Building beyond mere aesthetics to a place that is both beautiful and livable.
Sustainability Practices
Sustainability is not merely an add-on but a core principle in the construction and operation of the Al Qasimia Building. One of the noteworthy sustainability practices employed is the use of energy-efficient systems; the building incorporates solar panels and energy-efficient appliances. This not only reduces the building's carbon footprint but also results in significant cost savings for residents.
Rainwater harvesting is another essential aspect of the building's sustainability efforts. By collecting and reusing water, the Al Qasimia Building addresses the critical issue of water scarcity in the region. This practice aligns well with Dubaiās vision of sustainable urban living and appeals to eco-conscious investors.
The landscaping surrounding the building is thoughtfully designed as well. Native vegetation requires less water and creates habitats for local wildlife. This not only enhances biodiversity but also improves the aesthetics of the area, benefitting both residents and the overall community.
In summary, the architectural features of the Al Qasimia Building blend modern design with sustainable practices, setting it apart in Dubai's competitive market.
"Al Qasimia Building proves that innovative architecture can harmoniously coexist with environmental responsibility."
This approach not only uplifts the living experience but ensures that it remains a sound investment for years to come.
Amenities and Facilities
The Al Qasimia Building stands out not just for its exterior aesthetics or historical importance, but equally for its rich assortment of amenities and facilities. These elements play a pivotal role in enhancing the overall living and working environment for both residents and businesses alike. A well-structured set of amenities can significantly elevate the quality of life, making the building an attractive proposition for investors, homeowners, expatriates, and renters.
Residential Offerings
Within Al Qasimia Building, a diverse range of residential offerings meets varying preferences and lifestyles. Prospective residents can find options ranging from cozy studio apartments to sprawling multi-bedroom units. The thoughtful design of these living spaces emphasizes functionality while maintaining a touch of elegance.
- Modern Interiors
Each unit typically boasts modern finishes, open-plan layouts, and ample natural light, creating a warm yet sophisticated ambience suitable for both relaxation and productivity. - Community Facilities In addition to private dwelling spaces, residents benefit from community areas such as fitness centers, pools, and lounges. These shared facilities foster a sense of community among inhabitants, encouraging social interaction and a supportive environment.
- Security and Convenience
Enhanced security measures, such as 24/7 surveillance and access controls, ensure a safe living environment. Add in easy access to local public transport and grocery stores, and you see how residential offerings are adapted to modern urban life, making it a critical factor for those considering long-term investment in real estate.
Commercial Spaces
Al Qasimia Building also caters to the business side of life. The selection of commercial spaces within the structure is designed to attract a variety of enterprises, from small startups to more established firms seeking a reputable address in Dubai.
- Office Suites
Each office suite is typically equipped with the necessary infrastructure to support various business needs. High-speed internet, meeting rooms, and flexible layouts appeal to businesses focused on collaboration and innovation. - Retail Areas
Retail units on the ground floor enhance the convenience factor for both residents and the surrounding community. They not only provide essential services like cafes and shops but also contribute to the vibrancy and desirability of the neighborhood. - Networking Opportunities
Having both residential and commercial facilities under one roof fosters unique networking opportunities. For example, entrepreneurs may meet potential clients or partners in shared communal areas, directly benefiting from the buildingās diverse occupancy.
Culmination of Amenities and Facilities
Whether for living or working, the amenities and facilities in Al Qasimia Building merit significant consideration. They ensure a balanced, accessible, and enriching environment that can positively influence life quality and investment potential. Thus, evaluating these features is essential for any potential stakeholder looking into what the building offers in the wider canvas of Dubai's real estate market.
Investing in a place like Al Qasimia is not just about bricks and mortar; itās about investing in a lifestyle and community.
For further information about real estate trends that span Dubai and its dynamic neighborhoods, consider visiting Dubai Land Department or explore discussions on platforms like Reddit.
Understanding these fundamental aspects helps demystify the allure of living and working in one of the most rapidly developing urban landscapes in the world.
Investment Opportunities in Al Qasimia Building
The Al Qasimia Building stands out not just as an architectural gem but also as a promising investment opportunity in the bustling landscape of Dubai's real estate market. With numerous developments unfolding in the area, potential investors need to understand the myriad factors that contribute to its attractiveness as a lucrative property venture. Investing in Al Qasimia is not merely about acquiring a piece of real estate; it encompasses potential returns, scalability, and future urban growth prospects.
Market Analysis
A thorough analysis of the current market conditions surrounding the Al Qasimia Building reveals several compelling aspects that investors should consider. This area is witnessing sustained growth fueled by both economic diversification and an influx of expatriates seeking residence in Dubai.
- Economic Growth: Dubai's economy continues to evolve, with significant investments in infrastructure and services. The governmentās initiatives aimed at enhancing tourism and trade directly boost property values. This makes Al Qasimia Building a prime candidate for investment.
- High Demand for Rentals: The demand for rental properties remains strong, particularly among international professionals. Locations like Al Qasimia are not just residential; they are a hub for business activities, further driving up the demand for quality living spaces.
- Proximity to Key Landmarks: The building's location provides easy access to educational institutions, healthcare facilities, and cultural sites. This strategic positioning ensures that property values can appreciate over time, enhancing potential investor returns.
Additionally, aligning with current market trends, it is crucial to consider the competitive pricing and availability of attractive financing options that can further lower barriers for new investors.
Potential ROI
Understanding the potential return on investment (ROI) from Al Qasimia Building is essential for streamlining investment decisions. Various factors contribute to a promising ROI, making it a favorable option.
- Capital Appreciation: Properties in Dubai, especially in vibrant neighborhoods, have shown a pattern of substantial appreciation over the years. Investors in Al Qasimia can anticipate rising property values, which translates to capital gain upon sale.
- Rental Income: The steady demand for rental properties translates into robust rental yields, providing a reliable source of income for property owners. The average rental yields here can reach between 6% to 8%, which is quite lucrative compared to other global real estate markets.
- Tax Benefits: With Dubai's tax framework being favorable to investors, there's an added layer of appeal. The absence of property taxes and capital gains taxes means that profits can be re-invested back into the market or used to expand oneās property portfolio without significant deductions.
In light of these insights, potential investors are advised to do thorough homework and align their investment strategies with the ongoing market dynamics. Keeping a pulse on the economic indicators and demographic trends will provide a clearer picture of the viability of investing in Al Qasimia Building, thus maximizing both short-term and long-term benefits.
Investing in Al Qasimia isn't just about real estate; it's about positioning yourself in an environment ripe for growth and development.
Comparative Analysis with Other Buildings
The comparative analysis of the Al Qasimia Building with other structures in Dubai offers invaluable insights into its unique position in the urban landscape. By examining similar developments and assessing competitive advantages, we can better understand how Al Qasimia stands apart from its peers. There are a few essential elements to consider when engaging in this analysis, namely, design features, functionality, and overall community impact.
Similar Developments
In recent years, Dubai has seen a surge in architectural projects that aim to redefine urban living. Notable among them are the Burj Khalifa and the Dubai Mall. While the Burj Khalifa towers above the skyline, Al Qasimia Building rivals it with its sense of community and accessibility.
- Design Inspirations: When comparing design, Al Qasimia exhibits a blend of modernism with traditional Islamic architecture, similar to the Dubai Opera House. Both structures prioritize cultural significance.
- Functionality: While the Dubai Mall is known primarily for shopping, Al Qasimiaās mix of residential and commercial spaces promotes everyday living. It serves both families and businesses, creating a bustling environment.
- Sustainability Considerations: Developments like the Sustainable City prioritize eco-friendliness, and Al Qasimia also incorporates green practices, making it an attractive option for those conscious of environmental impact.
Competitive Advantages
When taking a closer look at the advantages that set Al Qasimia Building apart, several factors come into play. These competitive edges enhance its appeal for both investors and future residents.
- Location: Al Qasimia is strategically situated near various key points in Dubai, including transport hubs and shopping areas, providing unparalleled convenience.
- Amenities: Unlike many buildings that may offer basic features, Al Qasimia boasts various facilities such as gyms, pools, and community centers. This holistic approach to lifestyle contributes to higher desirability.
- Affordability: Competing with luxury counterparts, Al Qasimia presents reasonably priced options without sacrificing quality, making it a prime choice for middle-class families and expatriates.
- Community Engagement: Unlike many other developments that focus solely on individual luxury, Al Qasimia nurtures a sense of community through various events and activities, fostering connections between residents.
"Understanding the competitive landscape is crucial for potential investors looking at the Al Qasimia Building as a wise investment choice."
Overall, conducting a comparative analysis allows stakeholders to assess Al Qasimia Building in context, revealing its strengths while understanding where it fits among other remarkable structures in Dubai.
Community and Lifestyle in the Al Qasimia Neighborhood
The Al Qasimia Neighborhood is more than just a geographic location; it is a tapestry woven with threads of culture, community, and lifestyle choices. For investors, realtors, homeowners, and renters alike, understanding the pulse of this area could be the key to unlocking greater value, both in a financial and social sense. The neighborhood's charm lies in its vibrant atmosphere, where modern living coexists with rich traditions.
Local Attractions
Al Qasimia is a veritable hub of local attractions that cater to diverse tastes and preferences. Here are a few focal points instrumental in creating a lively community experience:
- Al Qasimia University: This educational institution adds a youthful energy to the area. It brings together a multinational student body, contributing significantly to the local culture and economy.
- Cultural Venues: Various art cafes and galleries offer platforms for local artists. They serve as both social hubs and venues for cultural exchange. This commitment to the arts underscores a sense of community pride that enhances neighborhood identity.
- Parks and Recreational Areas: Green spaces are interspersed throughout the neighborhood, providing residents with places to unwind and connect. Whether it's for a jog, a leisurely stroll, or a family outing, these parks act as communal living rooms.
- Shopping and Dining: A slightly modern shopping center houses everything from local spice shops to international eateries. This variety creates a dynamic culinary scene where one can taste flavors from around the globe.
In a nutshell, the local attractions offer a crucial layer of lifestyle appeal that complements what Al Qasimia has to offer as a living space for residents.
Community Engagement
Community engagement in Al Qasimia resembles an intricate dance, where every participant plays a role in creating a supportive environment. This network fosters not only a feeling of belonging but also lays the groundwork for mutual growth. Here are various elements that underscore community engagement:
- Local Events and Festivals: Throughout the year, residents gather for events celebrating cultural heritage. These gatherings foster connections among neighbors and strengthen the shared sense of community.
- Volunteer Initiatives: Many locals actively participate in community service activities. From clean-up drives to charity events, this spirit of giving back creates a positive ripple effect across the neighborhood.
- Social Media Groups: Online platforms have become essential for neighborhood communication. Community forums on platforms like Reddit and Facebook allow residents to stay informed about local happenings and engage with their neighbors.
"It's not just a place to live; itās about living together, sharing experiences, and lifting each other up. In Al Qasimia, community isn't just a word; itās a way of life."
- Neighborhood Associations: These groups organize community meetings to discuss issues affecting residents and propose solutions. They ensure that the voices of all community members are heard, encouraging a participative environment.
Regulatory Framework Affecting Al Qasimia Building
The regulatory framework surrounding the Al Qasimia Building is a cornerstone that shapes not only its construction and operation but also its standing in the ever-evolving Dubai landscape. Understanding these regulations is vital for potential investors, homeowners, and renters alike, as they dictate how the building can be utilized and developed in the future.
A thorough grasp of the relevant laws and zoning requirements brings clarity to stakeholders regarding what can and cannot be done with the property. This framework aids in safeguarding the interests of the community while providing a roadmap for sustainable urban planning. Without this structure, developments could arise haphazardly, detracting from the overall aesthetic and functional coherence of the area.
Legal Considerations
When considering the Al Qasimia Building, legal considerations revolve around ownership rights, liabilities, and compliance with local laws. These aspects are crucial for individuals and businesses contemplating involvement with the property.
- Ownership Rights: For both local and expatriate investors, understanding property rights is essential. Laws govern who can own, use, or lease property within Dubai, and different rules apply to residents and foreigners.
- Liabilities: Investors must also be aware of their responsibilities, whether those pertain to financial obligations, maintenance, or compliance with safety regulations. Knowing what liabilities exist can be the difference between a prudent investment and a financial pitfall.
- Compliance with Local Laws: The extent to which a property adheres to local laws influences its desirability. Building codes, health regulations, and environmental laws often play pivotal roles in how these regulations shape a propertyās value.
Zoning Laws
Zoning laws are another integral component of the regulatory framework affecting the Al Qasimia Building. These laws dictate how land within a specified area can be used, significantly impacting its function and potential value.
- Types of Zoning: The building may fall under various zoning classifications, such as residential, commercial, or mixed-use. Understanding the specific zoning classification applied to Al Qasimia is essential for prospective occupants and investors. Each type of zoning comes with distinct guidelines regarding the nature of activities permitted on the property.
- Future Developments: Zoning laws also determine what future developments can occur in the surrounding area, impacting property values and community growth. For example, new commercial spaces or residential buildings could enhance the neighborhoodās appeal, raising the value of the Al Qasimia Building itself.
- Compliance Requirements: For any construction or renovation, compliance with zoning regulations is non-negotiable. Failure to adhere can lead to fines, legal disputes, or even the demolition of non-compliant structures.
Knowing these regulatory aspects can empower stakeholders in navigating the property market in Dubai more effectively and make informed decisions regarding the Al Qasimia Building. This understanding shapes not just the investment landscape, but also the quality of life for residents and the overall cohesion in the urban environment.
"Regulations aren't just bureaucratic red tape; they shape the fabric of our communities and ensure future sustainability."
For more detailed insights on Dubai's property laws and regulations, one might consult resources such as Dubai Land Department, or other legal frameworks available through local government portals or educational institutions.
Future Development Prospects
The future development prospects of the Al Qasimia Building are essential for understanding its role in Dubaiās ongoing evolution as a dynamic urban center. Not only does this building hold historical and architectural significance, but it also stands at the forefront of urban growth and investment potential. As the skyline of Dubai continues to soar with ambitious projects, the Al Qasimia Building represents more than just a structure; it embodies opportunities for progress and prosperity in the real estate market.
Urban Expansion
Urban expansion in Dubai is an accelerating trend, and the area surrounding the Al Qasimia Building is no exception. With increased investments in infrastructure, the government is keen on shaping the district into a bustling hub for business and living. The plans for nearby roads, public transportation, and recreational spaces create an inviting atmosphere for both residents and tourists, enhancing the visibility and value of properties like the Al Qasimia Building.
The emphasis on mixed-use development within the region supports a vibrant community. Residential units, office spaces, and leisure amenities flourish, inviting a spectrum of demographicsāfrom young professionals to established families. Moreover, the neighborhood's cultural appeal fosters a sense of belonging, making it easier for newcomers to settle down.
- Key aspects of urban expansion include:
- Improved local transport links, easing commutes.
- Development of new amenities, such as parks and shopping centers.
- Enhanced community services that promote a higher quality of life.
As more businesses set their sights on Dubai, the Al Qasimia Building stands to gain immensely from this upward trajectory, making it a prime target for potential investors.
Long-term Investment Potential
The investment potential surrounding the Al Qasimia Building is robust, especially when considered through the lens of long-term growth. The property market in Dubai has shown resilience and adaptability over the years, indicating a solid foundation for sustained appreciation. As investors weigh their options, the Al Qasimia Building offers a compelling case for consideration.
Several elements contribute to this potential:
- Prime Location: Positioned in a rapidly growing area, the building benefits from both visibility and accessibility.
- Demand for Properties: With the influx of expatriates and new residents, the demand for high-quality living is at an all-time high. This trend promises to keep rental yields attractive.
- Future Developments: City plans that include infrastructural upgrades and new business openings can often translate into increased property values.
"Real estate investment can be a waiting game, but the rewards of patience and strategic positioning often lead to handsome returns."
As lifestyle dynamics shift and economic factors evolve, the Al Qasimia Building retains its position as a promising asset for those looking to invest wisely in a thriving city.
Ending: The Legacy of Al Qasimia Building
The Al Qasimia Building stands not just as a mere structure but as a symbol intertwining Dubai's past and future. Within the throbbing heart of a fast-paced metropolis, it serves as a physical representation of architectural brilliance and cultural identity. Such buildings are crucial in delineating the skyline, but they also embody deeper narratives about the community and progress.
Summary of Findings
Throughout this article, various facets surrounding the Al Qasimia Building were explored, emphasizing its multifaceted legacy. Key findings include:
- Historical Significance: The building is deeply rooted in the local history, reflective of the changes Dubai underwent, showcasing it as a prominent example of growth and adaptation.
- Architectural Features: Drawing from a mĆ©lange of traditional and contemporary design principles, Al Qasimiaās architecture is not only visually arresting but also serves functional needs through sustainable practices.
- Community Role: Its strategic location offers numerous amenities and enhances the quality of life for residents and visitors, reinforcing its status as a central hub.
- Investment Potential: As urban expansion continues, the building has stood out in the real estate market, showcasing promising avenues for investors looking for long-term growth opportunities.
This comprehensive analysis revealed that Al Qasimia Building is endemic to Dubai's urban development narrative. It holds promise not only as a site of residence and business but as a cornerstone of cultural continuity and modern evolution.
Implications for Future Investors
Investors considering the Al Qasimia Building's value should take numerous elements into account. Firstly, the ongoing urban expansion in Dubai suggests a sustained appreciation in property values. As the city continues to grow and attract international attention, buildings like Al Qasimia that offer modern facilities and cultural significance are likely to see increased demand. Further underlining its investment value is the robust rental market in the area, fueled by the influx of expatriates seeking residences with easy access to urban conveniences.
Moreover, the building's commitment to sustainability practices can appeal to eco-conscious investors, where urban living aligns with reducing carbon footprints. As laws and regulations favor such adjustments, properties like Al Qasimia may thus offer better returns over time.
