Real estate | Dubai | AX CAPITAL

23 Mar 2024 15:11

Sale | Villa | $5,400,000

📍Palm Jumeirah

469m², 6 bedrooms, 5 bathrooms

Newly renovated 2-storey villa with direct beach and pool access in the premium community, Canal Cove. Balcony overlooks the garden with mature trees.

The second floor was extended to include two additional bedrooms. One of them is used as a library and is ideal for a home office.

☑️Furnished
☑️Fully Equipped Kitchen
☑️Patio
☑️2 Covered Parking Spaces
☑️Maid's Quarters
☑️Central A/C

In the community:

▫️Fitness Club
▫️Sports Ground
▫️Park
▫️24/7 Security
▫️Restaurants
▫️Children's Play Area

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

Agent: +971523971052

#secondary_market

Real estate | Dubai | AX CAPITAL

22 Mar 2024 15:04

Where to Invest Besides Dubai and Abu Dhabi?

☑️Ajman
☑️Ras Al Khaimah (RAK)
☑️Sharjah

In 2023, the number of transactions in Ajman grew by 43% compared to 2022. In RAK, the increase in average apartment sales prices reached 34%. In Sharjah, the volume of real estate deals by foreign investors rose by 165%.

Why Do Forward-thinking Investors Choose Other Emirates?

1️⃣Low Prices

For example, in the Al Zorah City project on the seafront in Ajman, prices start from $227,000. While in Dubai, similar options cost from $350,000–$400,000.

2️⃣High ROI

In 2023, ROI in RAK rose to 12%, and in Ajman reached a record 9.4% in Downtown and 8.3% by the sea.

In Dubai, ROI this high is demonstrated mostly by areas with affordable properties. Apartments in Dubai Marina have ROI of 7.15%, and in Business Bay – 6.6%.

3️⃣Waterfront Properties

In Dubai, the last available plots in Downtown are being developed; on the seashore also, a little free space have left. At the same time, in Ras Al Khaimah, almost all the projects are beachfront, including branded ones, like Address Residences Al Marjan Island.

4️⃣New Infrastructure

In Ajman, beaches and promenades are being renovated. More and more hotels are popping up near the future casino in RAK, such as Nikki Beach Resort & Spa Ras Al Khaimah. The Aljada megaproject with an entertainment complex, gardens, alleys, shops, and residential complexes is being built in Sharjah.

5️⃣Cost of Living and Commute Time

Living expenses in RAK are 50% lower than in Dubai. In Sharjah and Ajman – by 70%. New road junctions, ferry services, development of railway and metro reduce travel times to work in Dubai from home in other emirates.

❗️You can find seashore housing options with a high ROI and all the necessary modern infrastructure within a 30-minute drive from Dubai.

Real estate | Dubai | AX CAPITAL

21 Mar 2024 17:39

❗️❗️❗️❗️❗️❗️ Villas in Autograph Collection

📍DAMAC Hills

☑️Limited Units
☑️Overlooking Golf Course
☑️Malibu Bay Beach and Wave Pool
☑️Self-sufficient Community
☑️1% Monthly Payment Options

2 and 3-storey boutique villas from the developer, DAMAC Properties.

Balconies, rooftop terraces, and patios offer picturesque views. Basements boast everything for entertainment and recreation: gyms, saunas, cinemas, and game rooms.

For Sale:

➤ 4 Bedrooms – from 271m²
➤ 5 Bedrooms – from 385m²
➤ 6 Bedrooms – from 516m²
➤ 7 Bedrooms – from 378m²

Prices: from $1,376,000

➡️All units feature maid's rooms and garages

Benefits:

🌳 372,000m² of Parks

▫️Community Centre
▫️Sports Courts and Skate Park
▫️Pet Farm and Stables
▫️Supermarkets and Clinics
▫️International School and Nursery
▫️Kids' Play Areas

Payment Plan:

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

🔑 Completion – Q2 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

21 Mar 2024 10:00

❕❕❕❕❕ Townhouses in Lillia

📍The Valley

☑️Direct Access to Sandy Beach
☑️Next to Park
☑️2 Types of Facade Design: Jade and Pearl
☑️Developer – Emaar

A collection of premium 2-storey townhouses in a green gated community. Close proximity to a community centre with a swimming pool, mini golf course, dog park, picnic and BBQ areas.

Spacious layouts with plenty of natural light. Each townhouse features 2 balconies and a terrace leading to the garden. Panoramic windows with picturesque views.

For Sale:

➤ 3 Bedrooms – from 198m²
Average Plot Area – 138m²
Prices: from $544,500

➤ 4 Bedrooms – from 258m²
Average Plot Area – 264m²
Prices: from $735,000

➡️All units have maid's rooms and garages for 2 cars.

Benefits:

▫️Wellness Centre and Gym
▫️Jogging and Cycling Tracks
▫️Sports Grounds
▫️Shops and Restaurants
▫️Farmers' Market
▫️Children's Play Areas

Payment Plan:

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

🔑 Completion – Q1 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

20 Mar 2024 10:07

Rent | Apartment | $52,000 per year

📍Dubai Marina

100m², 1 bedroom, 2 bathrooms

Spacious bright apartment in the 53-storey tower, Stella Maris. The balcony offers breathtaking views of the yacht marina and waterfront promenade.

🏖 Within walking distance – JBR beach and Dubai Marina Mall

☑️Newly Furnished
☑️Fully Equipped Kitchen
☑️Built-in Wardrobes
☑️Panoramic Windows
☑️Central A/C
☑️Pets Allowed

In the residence:

▫️Gym
▫️Swimming Pool
▫️Private Cinema
▫️Sauna and Steam Room
▫️Landscaped Gardens
▫️24/7 Concierge and Security

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

Agent: +971521921958

#longterm_rent

Real estate | Dubai | AX CAPITAL

19 Mar 2024 10:27

Two new beaches will be opened in Abu Dhabi

📍Yas Island

Miral, a development and management company behind the Yas Bay Waterfront project will develop these beaches.

Total length – 560m

☑️West Beach is a family-friendly space:

▫️Children's Play Areas
▫️Restaurants
▫️Walking Paths and Recreation Areas

☑️East Beach situated across Etihad Arena is tailored to active lifestyle:

▫️Fitness Areas
▫️Beach Football and Volleyball Courts

Yas Bay Waterfront already comprises over 20 restaurants and cafes, a floating beach club, and luxury hotels.

#news_abu_dhabi

——

Dubai welcomed 1.77 million foreign tourists in January 2024

➤ According to the Dubai Department of Economy and Tourism (DET).

❗️21% increase compared to January 2023.

TOP 5 destinations by the number of visitors to Dubai:

1️⃣Western Europe - 327,000
2️⃣GCC Countries – 311,000
3️⃣South Asia - 294,000
4️⃣Eastern Europe – 262,000
5️⃣Middle East and North Africa - 211,000

#life_dubai

Sources: Trade Arabia, Gulf News

Real estate | Dubai | AX CAPITAL

18 Mar 2024 12:50

State-owned developers, Nakheel and Meydan, will become part of Dubai Holding

The goal is to create an effective company with a multibillion-dollar portfolio and implement the Dubai Economic Agenda D33 and Dubai 2040 Urban Master Plan.

Nakheel is known for the Palm Jumeirah and Palm Jebel Ali projects, Meydan for the Meydan Racecourse and the district with the same name. Their boards of directors will be abolished.

Dubai Holding is a state-owned conglomerate with assets worth $35.4 billion in 10+ countries.

In 2020, the developer Meraas joined the holding.

Dubai Holding's key projects:

▫️Madinat Jumeirah
▫️Dubai Internet City
▫️Dubai Design District
▫️Bluewaters Islans
▫️Burj Al Arab
▫️Global Village

——

A developer from Abu Dhabi, Eagle Hills, will build a mega project in Budapest with the tallest tower in Europe.

The billionaire, Mohamed Alabbar, the founder of the developing companies, Emaar and Eagle Hills, has signed an agreement with the Hungarian government:

☑️Aim – to Build 'Dubai-like Neighbourhood'
☑️Worth – $7 Billion

The project will include:

▫️Shopping Mall
▫️Reconstruction of Railway Station

#news_uae

Sources: The National News, Khaleej Times

Real estate | Dubai | AX CAPITAL

15 Mar 2024 16:17

7 Questions From Tenants in Dubai

1️⃣Who can rent a property?

For long-term rent (from 1 year), the tenant must have the status of a resident of the UAE.

2️⃣How is the rent paid?

The rent is paid annually through one or multiple bank cheques.

3️⃣Who pays the housing maintenance cost?

The landlord pays the cost of Service Charges and major repair.

Tenant pays the utility bills and current expenses related to the property:

☑️Electricity and Water (DEWA)
☑️Phone and Internet
☑️A/C
☑️Housing Fee, 5% of the Annual Rent

4️⃣Who pays the real estate agency commission?

The tenant – 5% of the annual contract amount.

5️⃣Is it mandatory to register rental contracts?

Yes, all contracts must be registered with the Dubai Real Estate Regulatory Agency (RERA) via the Ejari system.

This can be done at Ejari Centers (~$60) or online via the Dubai Rest app (~$47).

6️⃣Can the landlord increase the rent when renewing the contract?

Yes, by 5%–20% of the contract value, depending on the average market rent in the particular area.
To calculate the increase for your property➡️DLD Dubai REST app, Rental Index service.

7️⃣What should I do before moving out of a rental property?

Disconnect or reconnect to a new address the account in DEWA, Internet and TV
↓
Get a moving permit
↓
Restore the property to Its original condition
↓
Get a refund of the deposit

❗️The landlord notifies the tenant 12 months before the termination of the contract.

#longterm_rent

Real estate | Dubai | AX CAPITAL

14 Mar 2024 15:14

Sale | Apartments & Villas in Al Zorah City

📍Ajman

This new community occupies a picturesque area, from a 1.6km beach to a creek bank. It comprises low-rise residential complexes and villas with sea and garden vistas. Residents can enjoy yacht and golf clubs, in addition to the 100ha mangrove forest in the natural reserve.

All units feature high ceilings, fully equipped kitchens, and a smart home system. The villas are buffered by landscaped areas separating them from the rest of the community. Each villa boasts a pool, a jacuzzi, and an internal courtyard.

For Sale:

➤ Studios, 1, 2, 3-bedroom Apartments
Areas – from 62m²

➤ 2, 3-bedroom Duplexes
Areas – from 211m²

➤ 4-bedroom Penthouses
Areas – 286m²

➤ 4-bedroom Villas
Areas – 628m²
Plot – 1,152m²

Prices: from $227,000

Benefits:

▫️4 Marinas
▫️Swimming Pools
▫️Gyms and Yoga Areas
▫️10km Cycling Trail
▫️Waterfront Promenade
▫️Cafes and Restaurants

Conditions:

☑️10% – Down Payment
☑️Payment Plans from 2.5 to 6 Years
☑️Resale After 10%

🔑 Completion – Q4 2025 or Q4 2026

Leave a request: +971523561901

✅ Agency commission – 0%

#from_developer

Real estate | Dubai | AX CAPITAL

13 Mar 2024 10:13

Sale | Apartment | $3,800,000

📍Bluewaters Island, 5 mins to Dubai Marina

190 m², 3 bedrooms, 4 bathrooms

Fully upgraded apartment in the prestigious coastal community. The spacious balcony offers picturesque views.

The black kitchen is complemented by the furniture in milky hues. High-end finishing includes real wooden floors and wardrobes from the Austrian brand, Egger.

✓ Fully Furnished
✓ Open Kitchen with an Island
✓ Miele Appliances
✓ Panoramic Windows
✓ Maid's Room
✓ Central A/C

In the community:

➡️265-metre pedestrian bridge connecting the island to JBR beach

➤ Swimming Pools
➤ Gyms
➤ Basketball Courts
➤ Cafes and Restaurants
➤ Kids' Playgrounds
➤ 24/7 Concierge and Security

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

Agent: +971586448869

#secondary_market

Real estate | Dubai | AX CAPITAL

12 Mar 2024 10:08

The most expensive hotel in the UAE, Aman Dubai, will open in 2027

The ultra-premium hotel chain, Aman Resorts, headquartered in Switzerland, has announced the construction of its first boutique resort in Dubai.

📍Jumeirah Beach

The pricing details haven't been released yet.

The chain's previous hotel opened in New York in 2022 and was named the most expensive hotel in Manhattan:

☑️Price Per Night From $3200
☑️Membership Fee in Aman New York Club Reached $200,000

Guests of the new resort will also have the opportunity to purchase membership in the Aman Club.

A distinctive feature of the resort will be 3.6-hectare botanical gardens. Rooms will be designed in corporate style – clean lines and natural materials.

A limited number of residences will be available for rent and purchase.

#real_estate_dubai

Source: The National News

Real estate | Dubai | AX CAPITAL

11 Mar 2024 10:08

Sharjah's long-awaited Hanging Gardens is now open for residents

📍Sharjah-Kalba Road

The 15ha attraction with flowers, waterfalls, and 100,000+ trees opened on March 8, 2024.

The garden features:

▫️Excursion Train with 820m Track
▫️Restaurant for 215 People in the Middle of the Park
▫️3 Kids' Recreational Areas
▫️760m Running Track

#news_uae

——

Dubai International Airport (DXB) has been named the most luxurious airport in the world.

➤ According to the travel insurance company, AllClear.

2️⃣Heathrow Airport, London
3️⃣Hamad International Airport, Doha

The score considers the number of lounges, excellent F&B, etc.

——

Dubai's Roads and Transport Authority (RTA) has launched new cycling tracks.

The total length of tracks in Al Khawaneej and Mushrif now extends 39km.

This is a part of the master plan that aims to:

☑️Expand the Network from 544km to 1,000km by 2030
☑️Make Dubai a Bicycle-friendly City
☑️Connect Key Districts

#life_dubai

Sources: Khaleej Times, Gulf Business, WAM

Real estate | Dubai | AX CAPITAL

09 Mar 2024 12:01

Sale | Apartment | $2,777,000

📍Emaar Beachfront

167m², 3 bedrooms, 3 bathrooms

Stylish apartment in the premium complex, Beach Isle, with direct beach access. Panoramic windows with full views of the sea and Palm Jumeirah.

⛵️Within walking distance – marina and yacht-club

☑️Open Kitchen
☑️Maid's Room
☑️Balconies
☑️2 Parking Spaces
☑️Built-in Wardrobes
☑️Central A/C

In the residence:

➤ Infinity Pool
➤ Landscaped Leisure Deck
➤ Fitness Centre
➤ Retail and F&B Outlets
➤ Kids' Play Area and Splash Pad
➤ 24/7 Concierge and Security

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

Agent: +971521301698

#secondary_market

Real estate | Dubai | AX CAPITAL

08 Mar 2024 15:09

Service Charges in Dubai: How Much Should a Homeowner Pay?

On average, from $8.8 to $88 per square metre per year.

Service charges are mandatory fees homeowners in Dubai pay to the Dubai Land Department (DLD).

Charges cover:

☑️Upkeep of Amenities like Pool, Parking, and Gym
☑️Maintenance of Electricity and Water Systems
☑️Staff Salary
☑️Landscaping
☑️Renovation, Etc.

What affects the Service Charge amount?

1️⃣Location

In premium areas, its higher:

Palm Jumeirah, apartment in the luxury residential complex, Serenia Living ➡️ $97 per m² per year

JVC, apartment in the complex, Zaya Hameni ➡️ $35 per m² per year

2️⃣Choice of Amenities

The highest service charges are in the residences managed by well-known hotel chains.

Luxurious studio in a 5* hotel complex, Raffles The Palm Dubai ➡️ $119 per m² per year

3️⃣Type of Unit

To own a villa can be 3-4 times cheaper than to have an apartment, because amenities in apartment complexes require maintenance.

Example

Let's take a duplex penthouse and a villa in Dubai Hills Estate with an equal area of 280m². The plot of the villa is 420m².

Service charges for most villa communities are charged based on the plot area.

A duplex penthouse in Mulberry complex ➡️ $46 per m²
280×$46 = $12,880 a year

A villa in the Sidra Villas community ➡️ $8 per m²
420×$8 = $3,360 a year

❗️The service charge for the villa is 4 times lower than for the penthouse.

Note that service charges do not cover individual homeowner fees such as DEWA, insurance, repairs, etc.

To find out the service charges on your property ➡️ DLD Dubai REST App.

Real estate | Dubai | AX CAPITAL

07 Mar 2024 15:19

February 2024 – Real Estate Market Results

According to the Dubai Land Department data:

➤ In February 2024, 12,021 property transactions worth $9.99 billion were completed in Dubai.

Property deals show 18% volume ↑ and 36% value ↑ compared to February 2023.

46% ➤ 5,541 transactions worth $6.41 billion – Existing Properties

54% ➤ 6,480 transactions worth $3.58 billion – Off-plan Properties

Compared to February 2023:

➤ Existing volume ↑ by 23%, the value ↑ by 46%

➤ Off-plan volume ↑ by 31%, the value ↑ by 19%

TOP Residential Projects by Sales Value

Apartments

1️⃣Oceanz by Danube – $363 million
2️⃣Nautica – $143 million
3️⃣Aeon – $135 million
4️⃣Riverside Crescent – $123 million
5️⃣Keturah Resort – $109 million

Villas

1️⃣Sobha Reserve – $189 million
2️⃣Sobha Estates – $146 million
3️⃣Park Greens in DAMAC Hills 2 – $130 million
4️⃣MBR City District 1 – $85 million
5️⃣Morocco in DAMAC Lagoons – $54 million

1st Place by Sales Volume

Apartments – Oceanz by Danube
Villas – Sobha Reserve

#real_estate_dubai

Source: Dubai Land Department

Real estate | Dubai | AX CAPITAL

23 Mar 2024 10:02

❕❕❕❕❕ Apartments and Townhouses in Park Lane Interiors by Vida

📍Dubai Hills Estate

☑️Direct Access to 18,000m² Park
☑️Next to Dubai Hills Mall
☑️4.5 Years Payment Plan
☑️Developer – Emaar

The residential complex comprises 6 mid-rise buildings and 4 townhouses. Interiors in Vida's vibrant, signature style with luxurious finishes.

The views of the landscaped podium with a pool, BBQ and leisure areas. An indoor podium level features a fitness centre and a multipurpose room.

For Sale:

➤ Apartments
1 Bedroom – from 56m²
Prices: from $381,000
2 Bedrooms – from 86m²
Prices: from $594,000
3 Bedrooms – from 141m²
Prices: from $901 000

➤ Townhouses
3 Bedrooms – from 240m²
Prices: from $1,519,000

➡️All units have balconies or terraces

Benefits:

⛳️ Dubai Hills Golf Club with 18-hole golf course

▫️Skate Park and Sports Courts
▫️Jogging and Walking Tracks
▫️International Schools and Nurseries
▫️King's College Hospital
▫️Restaurants and Supermarkets
▫️Kids' Play Areas

Payment Plan:

10% – On Booking
70% – During Construction
20% – On Completion

🔑 Completion – Q4 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

22 Mar 2024 11:10

The UAE entered the world's TOP influential countries 2024

➤ According to the Global Soft Power Index 2024 by the brand valuation company, Brand Finance.

Soft power is a nation's ability to influence through attractions or persuasion, rather than military and economic force.

The research involved 193 countries. To assess their reputation, 172,000 people were interviewed.

The UAE took leading positions in the world on indicators:

1️⃣Place – Strong and Stable Economy
3️⃣Place – Future Growth Potential
3️⃣Place – Generous

——

One of the biggest space technology companies, Space42, will be created in the UAE

➤ Market capitalization – $3.5 billion

Satellite solutions provider, Yahsat will merge with Bayanat, a software developer.

☑️Yahsat holds government contracts and owns five satellites

☑️Bayanat develops geospatial, mobile and smart solutions

Space42 potential financial indicators:

▫️Total Assets – $4 Billion
▫️Revenue – $268 Million

The merger – 3Q 2024

#news_uae

Sources: Brand Finance, Gulf News

Real estate | Dubai | AX CAPITAL

21 Mar 2024 13:33

🔺 Residential Real Estate Market Price Dynamics

➤ In Dubai and Abu Dhabi for February 2024

According to the REIDIN Residential Property Price Indices

Dubai

➤ Sale

↑ Compared to January 2024, property sales price index increased by 2.54 points, from 112.86 to 115.38, an increase of 2.24%

↑ Compared to February 2023, prices increased by 20.34%

➤ Rent

↑ Compared to January 2024, property rent price index increased by 3.08 points, from 115.28 to 118.36, an increase of 2.68%

↑ Compared to February 2023, prices increased by 20.38%

Abu Dhabi

➤ Sale

↑ Compared to January 2024, property sales price index increased by 0.40 points, from 84.95 to 85.35, an increase of 0.47%

↑ Compared to February 2023, prices increased by 6.90%

➤ Rent

↑ Compared to January 2024, property rent price index increased by 0.06 points, from 74.82 to 74.88, an increase of 0.09%

↑ Compared to February 2023, prices increased by 7.14%

Source: REIDIN Data Analytics

#real_estate_dubai
#real_estate_abu_dhabi

Real estate | Dubai | AX CAPITAL

20 Mar 2024 15:09

❗️❗️❗️❗️❗️❗️ Apartments in ELO

📍Damac Hills 2

☑️Prices from $149,000
☑️Overlooking the Park
☑️2,000m² Beach and 390m Lazy River
☑️Over 40 Amenities in Walking Distance
☑️1% Monthly Payment Options

The 16-storey residential complex is nestled within a gated community surrounded by lush greenery and lakes. Developer – DAMAC Properties.

The podium boasts a swimming pool with bar and aqua sports, gym, climbing wall, outdoor cinema, and BBQ.

For Sale:

➤ 1 Bedroom – from 49m²
Prices: from $149,000
➤ 2 Bedrooms – from 88m²
Prices: from $223,000

➡️All units feature balconies

Benefits:

▫️Wave Surfing Pool
▫️Paintball Park
▫️Community Centre
▫️Sports Courts
▫️Kids' Play Areas
▫️Restaurants and Supermarket

Payment Plans:

Receipts for EOI request ➤ from $6,800

20% – Down Payment

1️⃣50% – During Construction
30% – On Completion

2️⃣60% – During Construction
20% – On Completion

🔑 Completion – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

19 Mar 2024 16:07

Discounts on Real Estate in Dubai

Five developers have announced price cuts and fee waivers during the Ramadan period.

1️⃣Al Habtoor Group

50% registration fee waiver for units in Al Habtoor Tower

2️⃣DAMAC Properties

Price discounts on selected projects

3️⃣Danube Properties

Full furnishing + 50% registration fee waiver

4️⃣Sobha Realty

50% registration fee waiver

5️⃣Tiger Properties

15% discount for units in Red Square Tower

At this time, the secondary property market also offers price discounts.

#developers_news

Source: Arabian Businesses

Real estate | Dubai | AX CAPITAL

18 Mar 2024 16:32

Abu Dhabi's most expensive penthouse has been sold for a record $38 million

📍Saadiyat Island

This luxurious penthouse occupies an entire floor in the beachfront Nobu Residences.

Number of Bedrooms – 3
Price per m² – $26,000
Developer – Aldar Properties

Benefits:

▫️Swimming Pool on the Terrace
▫️Custom-designed Interiors in Japanese Style
▫️Views of Guggenheim Museum
▫️Private Lift

Residents of Nobu Residences will enjoy 5* services and amenities from the international hotel chain, Nobu Hospitality:

☑️8km Private Beach
☑️Direct Access to the Waterfront Promenade
☑️Swimming Pools and Fitness Club
☑️Wellness Centre and Spa

This transaction set a new benchmark as the largest in the history of Abu Dhabi's residential real estate market.

🔑 Completion – 2027

Recently, the developer has started the pre-registration for another project on Saadiyat Island, Nouran Living by Aldar ➤ View project

#real_estate_abu_dhabi

Source: Arabian Business

Real estate | Dubai | AX CAPITAL

16 Mar 2024 10:05

Sale | Villa | $25,900,000

📍Palm Jumeirah

1,160m², 6 bedrooms, 6 bathrooms

A bespoke premium villa with direct beach access in the gated community, Signature Villas Frond J.

The spacious living room leads onto a terrace with an infinity pool, jacuzzi, BBQ and seating area. Balconies and panoramic windows with views of the sea, Atlantis The Royal, and Atlantis The Palm hotels.

Benefits:

☑️Fully Furnished
☑️Plot – 1500m²
☑️Lift
☑️Private Gym
☑️4 Maid's Rooms
☑️Sunken Sitting Area with Firepit

In the community:

▫️Beaches
▫️Running Tracks
▫️Restaurants and Shops
▫️Nurseries
▫️Nakheel Mall
▫️Park

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

Agent: +971528563193

#secondary_market

Real estate | Dubai | AX CAPITAL

15 Mar 2024 11:02

❗️❗️❗️❗️❗️❗️ Apartments in Nouran Living by Aldar

📍Saadiyat Island, Abu Dhabi

☑️Next to New York University
☑️Couple of Steps to Galleries and Theatre
☑️10 Mins to Marina and Beach
☑️Prices from $240,000

Mid-rise residential complex in Saadiyat Marina District in proximity to Zayed National Museum and Louvre Abu Dhabi, as well as Saadiyat Beach Golf Club.

The landscaped podium comprises adult and kids' pools, running track, paddle court, and leisure areas.

For Sale:

➤ Studios – from 30m²
Prices: from $240,000
➤ 1 Bedroom – from 70m²
Prices: from $408,000
➤ 2 Bedrooms – from 109m²
Prices: from $599,000
➤ 2 Bedrooms + Maid's Room – from 143m²
Prices: from $762,000
➤ 3 Bedrooms + Maid's Room + Study – from 204m²
Prices: from $1,089,000

Service Charge: $54 per m² per year

➡️Balconies, walk-in closets, and laundries. 2 themes for interior finishing: light and dark.

Benefits:

▫️Indoor and Outdoor Gyms
▫️Cinelounge
▫️Reading Nook and Co-working
▫️Gaming and Social Rooms
▫️Kids' Play Areas
▫️E-scooters and EV Charging Stations

Payment Plan:

10% – Down Payment
55% – During Construction
35% – On Handover

🔑 Handover – Q4 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

14 Mar 2024 11:03

Air taxies will allow passengers to travel from Dubai to Abu Dhabi in 30 mins

The eVTOL aircrafts developer, Archer Aviation, has signed an agreement with the airline, Falcon Aviation, to develop air taxi infrastructure.

2 vertiports (facilities for eVTOLs) will be built in Dubai and Abu Dhabi:

1️⃣Hotel, Atlantis, The Palm, Dubai
2️⃣Marina Mall, Abu Dhabi

The launch of the city-wide electric air taxi service in Dubai was reported earlier.

——

The UAE construction market was valued at $94 billion in 2023

➤ According to the consulting company, GlobalData.

Good growth rates are expected to continue in 2024. In 2025–2028, the growth of the sector will exceed 3% per year.

——

Visa, a global leader in digital payments, has joined the Dubai FinTech Summit 2024 as a Founding Partner, with a 3-year partnership.

📍Madinat Jumeirah

The summit was organised by Dubai International Financial Centre (DIFC).

At the summit:

☑️200+ Exhibitors
☑️300+ Speakers
☑️8000+ C-suite Leaders

The event will be held from May 6–7, 2024.

#life_dubai

Sources: Gulf Business, Trade Arabia, Gulf News

Real estate | Dubai | AX CAPITAL

12 Mar 2024 15:11

UAE residential properties are expected to provide an yield of 7% to 7.5% in 2024

➤ According to the commercial real estate services company, CBRE.

Premium properties: 6.25%–7%

The UAE stands alone as the only Middle East real estate market, that recorded both price and transaction volume growth in 2023.

Average prices per m² in 2023, compared to 2022:

▫️Abu Dhabi
Apartments ↑ by 5.1% to $3,300
Villas ↑ by 8.5% to $2,900

▫️Dubai
Apartments ↑ by 20.5% to $4,300
Villas ↑ by 23% to $5,100

In 2024, it is expected to:

▫️Abu Dhabi
Transaction volumes and prices ↑
▫️Dubai
Transaction volumes slightly ↓ and prices moderately ↑

Real estate projects currently planned or under construction in the UAE:

☑️Value – $409 Billion
☑️24.4% of the Total Projects in the GCC Region

#real_estate_abu_dhabi
#real_estate_dubai

Source: CBRE

Real estate | Dubai | AX CAPITAL

11 Mar 2024 15:07

▫️ AX CAPITAL AT BAYUT AWARDS 2023

The 'Real Heroes of Real Estate' award ceremony from the property portal, Bayut, took place in Atlantis The Palm.

AX CAPITAL became the 1st runner up to receive a jury award in the category:

Agency of the Year 2023 (Enterprise)

We express our gratitude to Bayut for recognising the outstanding achievements of AX CAPITAL in the highly promising Dubai real estate market.

Thanks to our clients for their trust! Sincerely congratulate the AX team for this award.

#ax_news

Real estate | Dubai | AX CAPITAL

09 Mar 2024 15:03

▫️ AX CAPITAL AT AZIZI GALA DINNER 2024

On March 6, Agents Awards & Gala Dinner 2024 by one of Dubai's leading developers took place.

We are grateful to Azizi Developments for the reliable partnership and a wonderful evening!

#ax_news

Real estate | Dubai | AX CAPITAL

09 Mar 2024 10:25

❗️❗️❗️❗️❗️❗️ Apartments and Townhouses in Vida Residences Dubai Hills Estate

☑️First Branded Residence in the Community
☑️Direct Access to 18,000m² Park
☑️Dubai Hills Mall – in Walking Distance
☑️Developer – Emaar

📍Dubai Hills Estate

The surrounded by greenery complex comprises a 23-storey building and eight 2-storey townhouses.

The comprehensive community features an 18-hole golf course, nurseries and international schools, King's College Hospital, restaurants and supermarkets.

For Sale:

➤ Apartments
1 Bedroom – from 65m²
Prices: from $436,000
2 Bedrooms – from 116m²
Prices: from $817,000
3 Bedrooms – from 158m²
Prices: from $1,116,000

➤ Townhouses
3 Bedrooms – from 238m²
Prices: from $1,607,000

➡️All units have balconies or terraces

Benefits:

▫️Adult and Kids' Pools
▫️Indoor and Outdoor Gyms
▫️Jogging Tracks and Pathways
▫️Skate Park and Basketball Court
▫️Sitting and BBQ Areas
▫️Kids' Playgrounds

Payment Plan:

10% – On Booking
80% – During Construction
10% – On Completion

🔑 Completion – Q3 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

08 Mar 2024 09:58

Two new major football stadiums will be built in Dubai

The stadiums will be the new home grounds of 2 of the region's largest football clubs:

☑️Shabab Al Ahli Club Stadium at Al Ruwayyah 3
☑️Al Wasl Club Stadium at Al Jaddaf

Each arena is designed to accommodate 20,000 spectators and will be able to host major sporting events in Dubai.

——

Dubai Mall has been named the 'most visited place on earth' in 2023.

📍Downtown Dubai

The number of visitors:

▫️In 2023, compared to 2022, ↑ by 19% – 105 million people
▫️In the first 2 months of 2024 – 20 million+ people

#life_dubai

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A new tax on foreign banks has been announced in Dubai.

The law requires foreign banks to pay a 20% annual tax on their income. It will be deducted from the corporate tax.

All foreign banks operating in the emirate are subject to the tax. Those in the Dubai Financial Centre are excluded.

#law_dubai

Sources: Time Out Dubai, Property News, Khaleej Times

Real estate | Dubai | AX CAPITAL

07 Mar 2024 10:03

The fashion house, Karl Lagerfeld, has unveiled its first branded residences in the Middle East in Dubai

📍Meydan

The luxurious community will be developed by Taraf and comprise 51 villas with 5–7 bedrooms.

➤ Areas: from 721m² to 1,790m²
➤ Prices: from $4 million
➤ 2 Façade Design Options: Soft Modern and Urban Modern

The project is inspired by the 18th century and mirrors the Karl Lagerfeld's Paris headquarters' façade.

Features:

▫️Swimming Pools and Crystal Lagoon
▫️Lounges with Exclusive Furniture from Karl Lagerfeld
▫️Parisian-inspired Clubhouse with Parquet and Marble
▫️Library and Wellness Deck
▫️Burj Khalifa Views

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The hotel chain, Hilton, and NABNI Developments have announced plans of Waldorf Astoria Residences Dubai Downtown.

It will be the first-ever standalone Waldorf Astoria residence outside the USA.

Architecture: Carlos Ott Architects
Interiors: Hirsch Bedner Associates

🔑 Completion – 2028

#real_estate_dubai

Sources: Arabian Business, Zawya