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Real estate investments UAE, Dubai ➤ Express news ➤ Project announcements ➤ Market analytics 🔑 Featured listings (sale/long-term rent) We write dynamically, objectively, and clearly. AX CAPITAL Real Estate Agency ⤵️ www.axcapital.ae

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Real estate | Dubai | AX CAPITAL

▫️ AX CAPITAL RECEIVED A MAF AWARD

An award ceremony for the partners of the UAE developer, Majid Al Futtaim (MAF), took place on March 5, 2024.

The achievement of our team was recognized with the exquisite award in form of the Tree of Life.

We express our gratitude to Majid Al Futtaim for an inspiring evening and our clients for their trust. We thank the AX team for their dedication and perseverance; wishing for new aсcomplichments!

#ax_news

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Real estate | Dubai | AX CAPITAL

The number of branded residences in Dubai is set to double over the next 5 years

According to the consultancy firm, Global Branded Residences, and the developer, Arada:

Now ➤ 51 projects from brands

▫️51% – Hospitality
▫️24.5% – Fashion
▫️8.5% – Jewelry
▫️7% – Auto
▫️9% – Other

Planned to be launched by 2028 ➤ 70, most of which will be non-hotel related.

Locations:

☑️Downtown Dubai
☑️Business Bay
☑️Dubai Marina
☑️JBR

Recently, Arada has announced the start of sales of Armani Beach Residences Palm Jumeirah ➤ View project

The developer plans to launch 2 more branded projects in 2024.

#real_estate_dubai

Source: The National News

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Real estate | Dubai | AX CAPITAL

Emaar Properties will launch two luxury projects in Dubai

Next to the mega community, The Oasis by Emaar

☑️The Heights Country Club
📍Al Yalayis
Area: 7.5 million m²

☑️Grand Club Resort focused on wellness
📍Dubailand
Area: 5.6 million m²

Projects will comprise mostly townhouses and villas. Combined worth: $26 billion

The developer has recently announced the start of sales in Oria in the Dubai Creek Harbour community ➤ View project

——

One of the Dubai's leading developers, Sobha Realty, has reported a 51% growth in real estate sales in 2023 compared to 2022.

$4.2 billion in 2023 ➡️ $5.4 billion is a target in 2024

In 2023 the developer:

☑️Handed over 1,819 units across 2 completed projects before their due date
☑️Attained a market share of 10% by value in Dubai
☑️Launched projects

▫️340 Riverside Crescent📍Sobha Hartland II
▫️Casa Serene 📍Sobha Hartland
▫️Sobha SeaHaven📍Dubai Harbour

#developers_news

Sources: Gulf News, Trade Arabia

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Real estate | Dubai | AX CAPITAL

Sale | Penthouse | $8,200,000

📍JBR

567m², 4 bedrooms, 5 bathrooms

Fully customized penthouse with luxury interiors in the 50-storey residential tower, Al Bateen Residences. The spacious kitchen by the brand, Сucina Miton, is equipped with top-tier household appliances.

The living room leads to the glassed terrace with the lush green wall. Spectacular views of the sea and Ain Dubai.

☑️Italian Furniture by Alchymia
☑️Panoramic Windows
☑️High Floor
☑️Maid's Room
☑️Built-in Wardrobes
☑️Central A/C

In the residence:

🏖 Direct access to the 1.7km long JBR beach

➤ Swimming Pools
➤ Gym
➤ Landscaped Gardens
➤ BBQ Area
➤ Kids' Playground

❗️The 4K video is available on our YouTube channel ➤ Watch

Agent: +971522352536

#secondary_market

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Real estate | Dubai | AX CAPITAL

▫️ AX CAPITAL AT SOBHA STARS 2023

On February 29, 2024, the Sobha Realty award ceremony took place at Jumeirah Beach Hotel.

One of Dubai's leading real estate developers highly appreciated the work of AX CAPITAL in 2023. We received an award in the category:

▫️Most Engaging Channel Partner

We are proud of the AX team's professionalism and express our gratitude to Sobha Realty for the reliable partnership.

Thank you for choosing us!

#ax_news

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ Apartments in Claydon House

☑️Ras Al Khor Wildlife Sanctuary and Burj Khalifa Vistas
☑️Direct Access to 2km Crystal Lagoon
☑️4km Landscaped Promenade
☑️New Community

📍Meydan Horizon, MBR City

Waterfront 44-storey residential building from the developer, Ellington Properties. Within walking distance – 30,000m² park, boardwalks, hospital, schools and nurseries.

The open part of the podium features an infinity pool, kids' and adult pools with leisure decks. The clubhouse on the 2nd floor has cinema, karaoke and game rooms, lounge, and co-working space.

For Sale:

➤ 1 Bedroom – from 71m²
➤ 2 Bedrooms – from 114m²
➤ 2 Bedrooms + Study – from 115m²
➤ 3 Bedrooms + Study – from 149m²
➤ 4 Bedrooms + Study – from 194m²
Prices: On Request

Service Charge: $64 per m² per year

➡️Some units with 3 and 4 bedrooms feature private Sky Terraces

Benefits:

▫️Fitness and Yoga Studios
▫️Steam Room and Sauna
▫️Leisure and BBQ Areas
▫️5-level Parking
▫️Retail Promenade
▫️Kids' Club and Playground

Payment Plan:

Receipts for EOI request ➤ $14,000

20% – On Booking
50% – During Construction
30% – On Completion

🔑 Completion – Q2 2027

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

🔺Residential Real Estate Market Price Dynamics

➤ In Dubai and Abu Dhabi for January 2024

According to the REIDIN Residential Property Price Indices

Dubai

➤ Sale

↑ Compared to 2023, property sales price index increased by 1.74 points, from 111.12 to 112.86, an increase of 1.56%

↑ Compared to January 2023, prices increased by 19.20%

➤ Rent

↑ Compared to December 2023, property rent price index increased by 3.69 points, from 111.59 to 115.28, an increase of 3.30%

↑ Compared to January 2023, prices increased by 18.99%

This is high figures for rent prices in Dubai in comparison with previous months.

Abu Dhabi

➤ Sale

↑ Compared to December 2023, property sales price index increased by 1.13 points, from 83.82 to 84.95, an increase of 1.35%

↑ Compared to January 2023, prices increased by 6.78%

➤ Rent

↑ Compared to December 2023, property rent price index increased by 1.79 points, from 73.03 to 74.82, an increase of 2.44%

↑ Compared to January 2023, prices increased by 6.74%

This is high figures for prices in Abu Dhabi in comparison with previous months.

Source: REIDIN Data Analytics

#real_estate_dubai

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ Apartments in Cove by Imtiaz

☑️Fully Furnished
☑️Private Jacuzzies on Balconies
☑️3 Years Post-completion
☑️ Prices from $148,000

📍Dubailand

Stylish 37-storey tower designed as a 'vertical community'. Three infinity pools situated on the podium, on the terrace on the high floor, and on the rooftop.

The podium features a kids' play area, paddle court, mini golf, and jogging track. The rooftop terrace has a sky garden, cinema, and BBQ area.

For Sale:

➤ Studios – from 39m²
Prices: from $148,000
➤ 1 Bedroom – from 75m²
Prices: from $221,000
➤ 2 Bedrooms – from 121m²
Prices: from $325,000

➡️Service Charge: $44 per m² per year

Benefits:

🌳 Direct access to the park

▫️Two Kids' Pools
▫️Club House
▫️Gym, Sauna and Steam Room
▫️Leisure Areas
▫️Business Centre
▫️Kids' Play Areas

Payment Plans
:

Receipts for EOI request ➤ from $14,000

1️⃣ 20% – Down Payment
40% – During Construction
10% – On Completion
30% – Within 3 Years Post-completion

2️⃣ 20% – Down Payment
40% – During Construction
40% – On Completion

❗️12% discount for full cash payment

🔑 Completion – Q1 2027

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

The international art fair, Art Dubai 2024, will showcase works from 120+ galleries

📍Madinat Jumeirah

One of the biggest art events in the region will feature 4 sections with galleries focused on the art of the Global South.

In the programme:

☑️Art Forum with Lectures and Panels Discussions
☑️Performances
☑️Artist's Talks
☑️Children's Workshops

Art Dubai will take place on March 1–3, 2024.
Tickets: from $27

——

✈️ Flydubai profit increased by a record 75% YoY in 2023

➤ To $572 million

In 2023, compared to 2022:

▫️Number of Passengers
↑ by 31% to 13.8 Million
▫️Annual Revenue
↑ by 23% to $3 Billion
▫️Capacity
↑ by 27% with 13 New Aircrafts
▫️Network
↑ to 122 Destinations in 52 Countries

——

A $30 million project was launched to rebuild the walls along Dubai Creek.

The project includes the walls from Deira and Bur Dubai sides.

Aim is to enhance safety for maritime activities.

#life_dubai

Sources: Art Dubai, The National News, Dubai Municipality

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Real estate | Dubai | AX CAPITAL

Dubai International Boat Show 2024 will showcase multi-billion superyachts

📍Dubai Harbour

⛵️ The largest marine lifestyle show in the Middle East will feature:

✓ 1,000 Exhibitors from 55 Countries
✓ 200+ Boats on Display
✓ 400 New Brands
✓ 44 Boat Launches
✓ Dive Pool
✓ Water sports Demonstration

Dubai International Boat Show will take place from February 28 to March 3, 2024.

#life_dubai

——

✈️ Emirates and Etihad Airways have been named among best long-haul economy airlines

➤ According to "Which?", a UK survey

TOP 3 is:

➊ Singapore Airlines
➋ Emirates
➌ Virgin Atlantic

Etihad Airways is 6th. It outranked all airlines with 85% of flights left on time (Emirates – 75%).

#news_uae

——

Upgrades on Al Khail Road will expand traffic flow by 19,600 vehicles per hour.

The works will include:

▪️Construction of 3,300m of Bridges
▪️Road Improvement Over 7 Locations (Zabeel, Meydan, JVC, etc.)

#life_dubai

Sources: Boatshowdubai, The National News, RTA

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ Apartments in W1NNER Tower

✓ Fully Furnished
✓ 7 Units per Floor
✓ Premium Kitchen Appliances
✓ 2 Years Post-handover

📍JVT

26-storey tower tailored for an active and healthy lifestyle. Residents can enjoy: gym, outdoor fitness and yoga area, table tennis, pool with aqua fitness equipment. Each ground floor unit features a private garden, other units have balconies.

🎾 Within walking distance – tennis courts, parks, international schools and nurseries

For Sale:

➤ 1 Bedroom – from 68m²
Prices: from $277,000
➤ 1 Bedroom + Study – from 94m²
Prices: from $390,000
➤ 2 Bedrooms + Maid's Room – from 116m²
Prices: from $447,000

Service Charge: $44 per m² per year

▪️A/C by Daikin, kitchen appliances by Bertazzoni, smart home system by Legrand, smart lock by Tedee.

Benefits:

▫️Clubhouse
▫️BBQ and Seating Area
▫️Cinema and Gaming Console Room
▫️Retail Outlets
▫️5-storey Parking
▫️Kids' Play Areas

Payment Plan:

Receipts for EOI request ➤ $8,200

10% – On Booking
50% – During Construction
40% – On Handover

❗️Special pre-launch offer:

10% – On Booking
45% – During Construction
5% – On Handover
40% – Within 2 Years Post-handover

🔑 Handover – Q1 2026

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ Apartments in Binghatti Galaxy

📍JVC

✓ Completion in Half a Year
✓ One of the Most Popular Areas by Property Sales
✓ Prices from $163,000

Residential complex of two 6-storey buildings nestled in the family-friendly community. Each ground floor unit features a private garden, other units have balconies, some top floor units have access to outside gardens.

🌳 Within walking distance – parks and Circle Mall JVC

For Sale:

➤ Studios – from 44m²
Prices: from $163,000
➤ 1 Bedroom – from 54m²
Prices: from $245,000
➤ 2 Bedrooms – from 120m²
Prices: from $558,000

▪️Service charges: $29–$35 per m² per year

Benefits:

▫️Rooftop Pool and Garden
▫️Leisure Deck with Sun Loungers
▫️Gym
▫️Supermarkets
▫️International School and Nurseries
▫️Kids' Play Areas

Payment Plan
:

Receipts for EOI request ➤ $5,400

20% – Down Payment
50% – During Construction
30% – On Completion

🔑 Completion – Q3 2024

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

Ras Al Khaimah Real Estate Market ➤ Records 2023

According to the property portal, Bayut, maximum price increase was recorded in popular areas in 2023 compared to 2022:

Sale

➤ Villas ↑ by 3.5%
➤ Apartments ↑ by 18.5%

Rent

➤ Villas ↑ by 9.4%
➤ Apartment ↑ by 10.5%

❗️Demand for properties in RAK is at an all-time high.

Most popular areas to buy or rent an apartment with Return on Investment (ROI)

➊ Al Hamra Village (7%)

RAK Central
Ellington Views l

➋ Al Marjan Island (6%)

Moonstone Interiors by Missoni
Address Residences Al Marjan Island
Nikki Beach Residences & Rosso Bay Residences

➌ Mina Al Arab (5%)

Quattro Del Mar
Cape Hayat
Porto Playa

Most popular areas to buy a villa

➊ Al Hamra Village (6%)
➋ Mina Al Arab ( 4%)

Most popular areas to rent a villa

➊ Al Hamra Village
➋ Al Dhait

Source: Bayut

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Real estate | Dubai | AX CAPITAL

Townhouses and Villas in Bay Villas

📍Dubai Islands

✓ New Resort-style Community by Nakheel
✓ 1.3km of Sandy Beaches
✓ Seaside Promenade

Collection of luxury 2-storey and 3-storey villas, semi-detached villas, and townhouses on the man-made island. Linear park's greenways lead to the seashore providing a space for relaxation, walking and jogging, as well as for kids' play areas.

All units feature fitted kitchens, maid's rooms, pet & utility areas, terraces and balconies. Some of the villas boast rooftop terraces. Plots are spacious enough to place landscaped gardens and private pools.

For Sale:

➤ Townhouses
3 Bedrooms – from 317m²
4 Bedrooms – from 357m²
Prices: from $1,089,000

➤ Semi-detached Villas
3 Bedrooms – from 354m²
4 Bedrooms – from 393m²
Prices: from $1,416,000

➤ Garden Villas
4 Bedrooms – from 506m²
5 Bedrooms – 595m²
Prices: from $2,369,000

➤ Waterfront Villas
5 Bedrooms – from 622m²
Prices: from $3,758,000

▪️Several exterior and interior design options for each type of unit.

Benefits:

▫️Clubhouse
▫️Beach Club
▫️Swimming Pool
▫️Fitness Area
▫️Sport Courts
▫️BBQ Areas

Payment Plan:

15% – On Booking
65% – During Construction
20% – On Handover

🔑 Handover – Q2 2027

Leave a request: +971523561901

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

Apartments, Penthouses, and Townhouses in Selina Bay

📍Yas Island, Abu Dhabi

✓ Fully Furnished
✓ Yas Beach in Walking Distance
✓ 1% Monthly Payments
✓ Discounts Up to 15% on Purchase Amount

One of two towers at the 19-storey residential complex surrounded by parks on the shore of the creek. All the island's attractions are within 5-10 mins: golf courses, yacht club, restaurants, Ferrari World, SeaWorld Abu Dhabi, Yas Waterworld, and Yas Mall.

All units have double glazed windows, built-in wardrobes in bedrooms, and balconies or terraces.

For Sale:

➤ Apartments
Studios – from 42m²
1 Bedroom – from 80m²
2 Bedrooms – from 115m²
3 Bedrooms – from 147m²
Prices: from $291,000

➤ Duplex Penthouses
3 Bedrooms – from 148m²
4 Bedrooms – from 260m²
Prices: from $1,012,000

➤ 3-storey Penthouses
4 Bedrooms – from 209m²
Prices: from $1,292,000

Benefits:

▫️Main and Kids' Pools
▫️Gym
▫️Landscaped Gardens
▫️Shaded Seating Spaces
▫️BBQ Area
▫️Kids' Playgrounds

Payment Plans:

➊ 5% Discount
30% – Down Payment
70% – On Handover

➋ 20% – Down Payment
80% – On Handover

➌ 30%–10% – Down Payment
70%–90% – During Construction, 1% Monthly

Down Payment:

30% – 15% Discount
⁠20% – 10% Discount
⁠10% – 5% Discount

🔑 Handover – Q4 2027

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

Rent | Apartment | $38,000 per year

📍Dubai Hills Estate

69m², 2 bedrooms, 1 bathroom

Bright apartment in the new residential complex of two 14-storey buildings, Socio, developed by Emaar. The glass partitions conveniently separate the bedroom and the living room. The balcony overlooks the courtyard.

⛳️ 5 mins – Dubai Hills Golf Club and Dubai Hills Park

☑️Furnished
☑️Open Kitchen
☑️Household Appliances
☑️Panoramic Windows
☑️Built-In Wardrobes
☑️Pets Allowed

➡️Chiller – Free

In the residence:

➤ Pool
➤ Gym
➤ Cinema Room
➤ Lounge and Library
➤ Children's Play Area
➤ Cafes and Supermarket

❗️The apartment is vacant and ready to move-in.

Agent: +971522168718

#longterm_rent

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ Apartments in Binghatti Phoenix

📍JVC

☑️Completion in a Year
☑️10 Floors
☑️Prices from $163,000

Mixed-use complex nestled in the family-friendly community, next to parks and tennis courts. The open part of the podium features swimming pools, leisure decks with sun loungers, and green areas.

🛍 5 mins – Circle Mall JVC and Dubai Sports City

For Sale:

➤ Apartments

Studios – from 39m²
Prices: from $163,000

1 Bedroom – from 70m²
Prices: from $245,000

2 Bedrooms – from 106m²
Prices: from $389,000

➤ Shops – from 65m²
Prices: from $431,000

Service charges: $29–$35 per m² per year

➡️All units have balconies or terraces.

Benefits:

▫️Gym and Yoga
▫️Paddle Court
▫️Golf Putting
▫️Supermarkets
▫️International School and Nurseries
▫️Kids' Play Areas

Payment Plan:


Receipts for EOI request ➤ $5,400

20% – Down Payment
50% – During Construction
30% – On Completion

🔑 Completion – Q1 2025

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

Dubai luxury real estate market is one of most fast-growing and affordable in the world

➤ According to the consultancy firm, Knight Frank.

Across the world, prices of luxury property ↑ by an average of 3.1% in 2023.

TOP 3 Markets

1️⃣Manila ↑ by 26%
2️⃣Dubai ↑ by 15.9%
3️⃣Bahamas ↑ by 15%

It is predicted that in 2024, Dubai will take the 3rd place with a 5% increase in prices.

Dubai is the world's most active $10 million+ property sales market.

Despite the high rates of price growth:

❗️$1 million secures 91m² of residential space in Dubai.

It's 3 times more than in London, New York, or Singapore. In Monaco, $1 million will allow you to buy only 16m².

#real_estate_dubai

Source: Khaleej Times

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Real estate | Dubai | AX CAPITAL

Fairway Villas 3

☑️Direct Access to 18-hole Golf Course
☑️4-year Payment Plan
☑️Family-oriented Community by Emaar

📍Emaar South

Collection of premium 3-storey villas surrounded by parks. Within walking distance – international school, nursery, sport courts, and clinic.

Panoramic windows, ground floor and rooftop terraces offer picturesque views of the golf course and lush greenery. Each villa comes with a maid's room and a garage for 2 cars. Villas with 5 bedrooms have lifts.

For Sale:

➤ Semi-detached Villas
4 Bedrooms – 375m²
Plot – from 336m²
Prices: from $1,195,000

➤ Villas
5 Bedrooms – 443m²
Plot – from 501m²
Prices: from $1,754,000

➡️2 types of façades

Benefits:

☑️Adult and Kids' Pools
☑️Community Centre
☑️Gym
☑️Jogging Paths
☑️Restaurants and Shops
☑️Kids' Play Areas

Payment Plan:

10% – Down Payment
80% – During Construction
10% – On Completion

🔑 Completion – Q1 2028

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

▫️ We've compiled important posts and project launches in one place for your convenience.

🟠 News

Dubai real estate market results in January
Dubai and Abu Dhabi real estate price dynamics in January
TOP areas for property purchase in Dubai 2023
TOP areas for rent in Dubai 2023
Ras Al Khaimah real estate market records 2023
One of the most expensive mansions in Dubai is on sale
The UAE first Hindu temple was inaugurated in February
Universal Music Group will develop 'Music City' in the UAE
Villa inspired by the 'Dune' film is being built in Dubai

🟤 AX News

Find out if you qualify for the UAE Golden Visa
Choose your agency of the year
AX CAPITAL at Emaar Awards 2023

🟡 Projects

Apartments:

Cove by Imtiaz from $158,000
Binghatti Galaxy from $163,000
Helvetia Residences from $191,000
KAYA from $198,000
Skyhills Residences from $224,000
Gateway Creekside Apartments from $227,000
W1NNER Tower from $277,000
Rove Home Marasi Drive from $286,000
Selina Bay from $291,000
Seaside Hills Residence from $346,000
Oria from $466,000
City Walk Northline from $498,000
Marlin from $516,000
The Sapphire from $588,000
Art Bay Prices on Request
Claydon House Prices on Request

Townhouses + villas:

Bay Villas from $1,089,000
Selina Bay from $1,292,000
Farm Gardens 2 from $1,977,000
Beach Hills Villas from $4,306,000

⚪️ Video

Discover Innovative Real Estate Possibilities in Dubai with AX CAPITAL
Invest Differently with AX CAPITAL

——

#month_results

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Real estate | Dubai | AX CAPITAL

▫️ AX CAPITAL AT EMAAR AWARDS 2023

On February 28, Emaar Annual Broker Awards ceremony was held at the Armani Hotel Dubai.

One of Dubai's largest real estate developers, Emaar, highlighted successful work of AX CAPITAL based on sales results in 2023.

To conclude this evening, our agency's name was projected onto the Burj Khalifa.

We thank Emaar for long-standing cooperation, and our clients for their trust. Congratulations to AX team for the success and wishing the team new outstanding achievements!

#ax_news

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Real estate | Dubai | AX CAPITAL

Sale | Apartment | $1,050,000

📍Palm Jumeirah

144m², 2 bedrooms, 3 bathrooms

Exclusive fully upgraded apartment in the 12-storey Abu Keibal building, a part of the Shoreline Apartments complex. A sandy beach is within walking distance.

The spacious balcony offers picturesque views of the park. Perfect for short-term and long-term rentals.

☑️Furnished
☑️Study
☑️Fully Equipped Semi-open Kitchen
☑️Walk-in Closets
☑️Maid Service
☑️Pet Friendly

In the residence:

➤ Swimming Pools
➤ Beach Club
➤ Gym and Spa
➤ BBQ Areas
➤ Kids' Playground
➤ 24/7 Concierge and Security

❗️The 4K video is available on our YouTube channel ➤ Watch

Agent: +971586448869

#secondary_market

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Real estate | Dubai | AX CAPITAL

A $40 million villa inspired by the "Dune" film is being built in Dubai

📍La Mer, Jumeirah

Number of Bedrooms: 9
Area: 2,500m²

Architecture and design studio ISTO has unveiled an unusual construction project for the villa named 'Dragonfly'. It was inspired by the ornithopters, or winged aircraft, used in the sci-fi blockbuster.

Lighting installations, metal decorations on the façade, and a wall-mounted pergola will help replicate the membranous wings of a dragonfly.

Features:

☑️Stone Sculptures
☑️Floor-to-ceiling Windows
☑️Water Features
☑️Sea and Burj Khalifa Views

🔑 Completion – Q4 2024

#real_estate_dubai

Source: The National News

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Real estate | Dubai | AX CAPITAL

Off-plan villa number in Dubai is surging

The growth in number of townhouse and villa launches began with the launch of Palm Jebel Ali by Nakheel in September 2023.

In October 2023, the leading Abu Dhabi developer launched its first project in Dubai, Haven by Aldar. The first release sold out instanly. In 2024, Aldar plans to launch 2 residential communities in Dubai.

Key villa projects launched in Dubai by the leading developers within the last 2 months:

☑️Bay Villas by Nakheel
☑️Farm Gardens 2 by Emaar
☑️The Acres by Meraas
☑️Utopia by DAMAC Properties

📉Due to high demand, the stocks of available villas for sale have dropped in 2022 and most of 2023.

According to the consultancy company, Knight Frank, from the total number of projects to be delivered by the end of 2028:

▫️64% – Apartments
▫️31% – Villas

The launches of new projects support the supply of villas in the Dubai real estate market.

#real_estate_dubai

Sources: Gulf News, Knight Frank

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Real estate | Dubai | AX CAPITAL

Sale | Apartment | $9,300,000

📍Palm Jumeirah

319m², 3 bedrooms, 5 bathrooms

Brand new apartment in the iconic Atlantis The Royal with direct access to the beach. Panoramic windows and two balconies offer spectacular views of the sea and Burj Khalifa.

Premium finishes include Italian marble. The kitchen is fully fitted with Gaggenau appliances, such as 2 wine fridges, dishwasher, etc.

✓ Unfurnished
✓ High Floor
✓ Walk-in Closet
✓ Storage Room
✓ Maid's Quarter
✓ Pets Allowed

▪️Residents' Lifestyle Package includes a minimum 20% discount on SPA treatments and F&B service.

In the residence:

➤ Rooftop 90m Infinity Pool and Bar
➤ Multiple Pools
➤ Fitness Centre
➤ Tennis Court
➤ 17 Celebrity-led Restaurants
➤ Boutiques

❗️The 4K video is available on our YouTube channel ➤ Watch

Agent: +971581897205

#secondary_market

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Real estate | Dubai | AX CAPITAL

Emaar Properties has announced a significant expansion of The Oasis by Emaar project

📍Dubailand

The luxury resort-style development's land space will be increased by 108%. It will elevate the total project's value from $9.3 billion to $19.9 billion.

Development Area: 9.4 million m²
Number of Units: 7,000

The expansion is aimed to encourage active and healthy lifestyle, and will include:

✓ Green Spaces
✓ Lakes
✓ Jogging Tracks
✓ Amenities

The Oasis by Emaar was launched in July 2023 ➤ View project

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Bloom Holding has launched Seville, the 5th phase of the premium community, Bloom Living.

📍Zayed City, Abu Dhabi

Seville is inspired by the Mediterranean region of Spain and will comprise residences with lakeside views, including:

▫️Townhouses with 2 and 3 Bedrooms
▫️Villas with 3–6 Bedrooms
▫️First in the Community Mansions with 7 Bedrooms

Start of sales for Granada at Bloom Living was announced in October 2023 ➤ View project

#developers_news

Sources: Zawya, Property News

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Real estate | Dubai | AX CAPITAL

Apartments in City Walk Northline

✓ Burj Khalifa and Sea Views
✓ Direct Access to City Walk and Central Park
✓ Developer – Meraas

📍Al Wasl

Luxury residential complex of three 9-storey buildings next to The Green Planet. 5 mins to the Dubai Mall and the beach.

Podiums feature infinity pools, gardens, kids' playgrounds, fitness and leisure areas. Each of top floor premium units boasts an expansive wrap-around balcony.

For Sale:

➤ 1 Bedroom – from 64m²
Prices: from $498,000
➤ 2 Bedrooms – from 108m²
Prices: from $817,000
➤ 3 Bedrooms – from 168m²
Prices: from $1,274,000

▪️Spacious balconies and floor-to-ceiling, openable glass panels in all units.

Benefits:

▫️Gyms
▫️Viewing Decks
▫️Lawns and Gardens
▫️Game and Relaxation Rooms
▫️Events Spaces
▫️Restaurants and Shops

Payment Plan:

20% – On Booking
55% – During Construction
25% – On Completion

🔑 Completion – Q3 2027

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

The first resort from the iconic InterContinental brand will be launched in Dubai

📍The World Islands

The hospitality company, IHG Hotels & Resorts, will manage InterContinental Resort Portofino, The Heart of Europe. It is inspired by the vibrant colours of the Italian Riviera.

The Heart of Europe is a 6-themed islands at the centre of The World Islands being developed by the Kleindienst Group.

The hotel complex will include 466 rooms and suites. Features:

▫️Floor-to-ceiling Aquariums Across 6 Floors
▫️Full Sea Views
▫️Roof Garden
▫️Kids' Club, Theatre, and Water Park
▫️Italian Culinary Experiences

🔑 Opening – 2026

IHG Hotels & Resorts will also operate 2 hotels at the project: voco Monaco Dubai and Marbella Resort Hotel.

#developers_news

——

The Old Municipal Street was transformed into a pedestrian tourist corridor.

📍Deira, Banks of the Dubai Creek

The street links to the heritage markets such as Gold Souq and Spice Souq. New installments include:

✓ New Gate
✓ Traditional Seating Areas
✓ Heritage-inspired Umbrellas, etc.

#life_dubai

Sources: IHG, Time Out Dubai

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Real estate | Dubai | AX CAPITAL

Rent | Villa | $370,000 per year

📍Dubai Marina

461m², 5 bedrooms, 7 bathrooms

The fully upgraded 3-storey villa is located in the residential complex, Al Anbar Tower, with direct access to the Dubai Marina Walk.

Each room offers magnificent views of the water and yachts. The ground floor boasts a spacious terrace with a BBQ area. The top floor – a master bedroom suite with a private balcony.

✓ High-end Furniture
✓ European Kitchen Appliances
✓ Panoramic Windows
✓ Double Maid's Room
✓ Smart Home System
✓ Covered Parking

▫️Chiller – Free

In the residence:

➤ Swimming Pool
➤ Gym
➤ Steam Rooms and Saunas
➤ Business Centre
➤ Kids' Play Area
➤ 24/7 Security and Concierge

❗️The 4K video is available on our YouTube channel ➤ Watch

Agent:
+971529163904

#secondary_market

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Real estate | Dubai | AX CAPITAL

Universal Music Group will develop the Middle East's first-ever ''Music City'' in the UAE

🎶 The world's leading music company has announced a partnership with the UAE music organization, DGMC, to create the region’s community for artists and songwriters. It will include:

✓ Recording Studios
✓ Educational Academies
✓ Full-service Label

#news_uae

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The Dubai Metro was the most popular mode of public transportation in 2023.

It carried 260 million passengers – 36% of the total (702 million) ridership in the city.

Other Means of Transportation:

➋ Taxi – 198 Million
➌ Buses – 173 Million
➍ Marine Transport – 17 Million
➎ Tram – 9 Million

The public transportation traffic in 2023, compared to 2022, increased by 12%, and the metro traffic – by 15%.

The planned Dubai Metro Blue Line will transport 320,000 new passengers daily.

#life_dubai

——

3D printing for construction of Al Furjan Hills was completed in 20 days.

This project was built under the first licence for construction using 3D printing technology issued to the developer, Nakheel, in December 2023.

#real_estate_dubai

Sources: Universal Music, RTA, Khaleej Times

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