Real estate | Dubai | AX CAPITAL

05 Aug 2024 11:16

Last Month Bestseller Projects

According to the Dubai Land Department data:

➤ In July 2024, 16,489 property transactions worth $13.86 billion were completed in Dubai.

Property deals show 16% volume ↑ and 12% value ↑ compared to July 2023.

41% ➤ 6,793 transactions worth $8.32 billion – Existing Properties

59% ➤ 9,696 transactions worth $5.54 billion – Off-plan Properties

Compared to July 2023:

➤ Existing properties – volume ↑ by 15%, the value ↑ by 21%

➤ Off-plan properties – volume ↑ by 86%, the value ↑ by 63%

TOP 5 Residential Projects by Sales Value

Apartments

1️⃣Palace Residences Dubai Hills Estate – $636 million
2️⃣ARLO – $282 million
3️⃣Bayz 101 by Danube – $187 million
4️⃣Baccarat Hotel and Residences – $81 million
5️⃣Beach Residences Dubai Islands – $77.5 million

Villas and Townhouses

1️⃣Nad Al Sheba Gardens – $209 million
2️⃣Greenway – $112 million
3️⃣Golf Lane – $111 million
4️⃣South Bay 6 Premium – $65 million
5️⃣South Bay 5 Premium – $52 million

1st Place by Sales Volume

Apartments – Palace Residences Dubai Hills Estate
Villas and Townhouses – Greenway

#real_estate_dubai

Source: Dubai Land Department

Real estate | Dubai | AX CAPITAL

02 Aug 2024 16:45

10 Facts About Abu Dhabi's Leading Developer

Aldar Properties is a state construction, management, and investment company, founded in 2005.

1️⃣The developer has two core businesses: Aldar Development and Aldar Investment. Aldar also constructs schools, hotels, entertainment spaces, etc.

2️⃣The company's portfolio includes 105+ projects in three countries.

3️⃣The owner of the corporation is Mohamed Khalifa Al Mubarak. He is also the Chairman of the Department of Culture and Tourism Abu Dhabi.

4️⃣The headquarters is located in Abu Dhabi. The glass building, shaped like a disc balancing on its edge, was recognized as the most original in the world.

5️⃣The company's first project, Al Jimi Mall, became the UAE's only retail space to win an award from the International Council of Shopping Centers.

6️⃣In 2007, Aldar entered the international market. In 2018, it signed the partnership agreement with Emaar Properties.

7️⃣The developer is known for self-sufficient and high-tech projects. For instance, its first project in Dubai, wellness community, Haven by Aldar, includes enhanced air quality, noise monitoring, and EV charging facilities.

8️⃣Yas Island is the iconic Aldar project and one of the world's main tourist destinations. The artificial island features Yas Marina race track, Ferrari World, 5* hotels, etc.

9️⃣Aldar has numerous awards, including those for achievements in health and safety in construction.

🔟Sustainability and innovation are the developer's core values. The project, Athlon by Aldar, got the UAE's first LEED Platinum Certificate.

Real estate | Dubai | AX CAPITAL

01 Aug 2024 17:01

❗️❗️❗️❗️❗️❗️ Apartments in DAMAC Lagoon Views 3

☑️Mediterranean-inspired Living
☑️Sandy Beach
☑️3.5 Years Payment Plan

📍Dubailand

15-storey building in the residential complex by DAMAC Properties. The courtyard features pools with bars and leisure areas.

Unique recreation spaces are within walking distance: the olive trees garden, Flamenco stage, Boho lounge, Opera, and outdoor cinema.

For Sale:

➤ 1 Bedroom – from 65m²
Prices: from $310,000
➤ 2 Bedrooms – from 107m²
Prices: from $490,000

➡️All apartments feature spacious balconies and walk-in closets.

Benefits:

▫️Beach Club
▫️Festivites Spaces
▫️Aqua Gym
▫️Yoga Zones and Spa
▫️Beach Restaurants and Cafes
▫️Kids' Play Areas

Payment Plan:

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

🔑 Completion – Q4 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

31 Jul 2024 16:13

Sale | Villa | $15,800,000

📍Palm Jumeirah

Fully upgraded two-storey villa with direct beach access in the gated community, Garden Homes Frond M. Views of the sea and the Dubai Skyline.

Premium finishing includes: travertine, marble, natural wood veneer, and parquet. The spacious plot boasts a landscaped garden, as well as an infinity pool with leisure and BBQ areas.

☑️Plot Area – 622m²
☑️Open Kitchen with an Island
☑️German Gaggenau Appliances
☑️Italian Gessi Sanitary Ware
☑️Panoramic Windows and Balconies
☑️Maid's Room
☑️Double Garage

In the community:

▫️Beaches
▫️Gym
▫️Park
▫️Nakheel Mall
▫️Cafes and Restaurants
▫️Nurseries

❗️The villa is vacant and ready to move in.

Agent: +971521410744

#secondary_market

Real estate | Dubai | AX CAPITAL

30 Jul 2024 17:50

In 2024, a handover of 38,174 units will be registered in Dubai

➤ According to the ValuStrat Q2 report.

In H1 2024, total completions:

▫️6,939 Apartments
▫️2,145 Villas

This is 20% of preliminary estimates for the whole of 2024.

Price growth:

Apartments – 23.4%
Villas – 33.4%

❗️Palm Jumeirah is the first apartment location surpassed the 2014 price peaks for apartments in Dubai.

#real_estate_dubai

——

Dubai Financial Market (DFM) reported an increase in trading activity in H1 2024.

Net profit before tax reached $53 million. This is 74% more than the same period in 2023. From January to June 2024:

☑️72,000+ New Investors, with 85% from Foreign Countries
☑️Net Purchases by Foreign Investors – $327M

#economy_dubai

——

The Dubai Transport Authority (RTA) has announced the launch of new marine transport lines.

The RTA, in partnership with the developer, Emaar, will develop infrastructure for 2 lines connecting Dubai Creek Harbour to:

➡️Dubai Festival City
➡️Al Jaddaf Marine Transport Station

The RTA will continue enhancing marine transportation services through collaborations with developers.

#life_dubai

Sources: The National News, Khaleej Times, Arabian Business

Real estate | Dubai | AX CAPITAL

29 Jul 2024 16:54

9.3 million travelers visited Dubai in H1 2024

❗️According to the Dubai Department of Economy and Tourism (DET), this is 9% more than in the same period in 2023.

TOP 3 regions by the number of visitors:

1️⃣Western Europe – 20%
2️⃣South Asia – 17%
3️⃣CIS and Eastern Europe Сountries – 12%

——

The transport accessibility to Dubai's Mall of the Emirates will be improved.

The Dubai Roads and Transport Authority (RTA), in partnership with the developer, Majid Al Futtaim Group, has announced a $45 million project:

▫️Сonstruction of a 300-metre Bridge and Exit From Sheikh Zayed Road to the Mall
▫️Widening the Ramp
▫️Improving 2.5km of Territories

Journey times: Umm Suqeim➡️Mall of the Emirates ↓ from 15 mins to 8 mins

#life_dubai

——

The developer, Aldar, reported record sales to overseas investors.

The total sales of the company:

☑️Q2 2024 – $1.85 Billion, Annual Growth of 7%
☑️H1 2024 – $3.8 Billion, Annual Growth of 21%

Of these, sales to expats and foreign investors:

☑️Q2 2024 – 82% ($1.5 Billion)
☑️H1 2024 – 79% ($2.8 Billion)

In July, Aldar announced the launch of the project, The Arthouse.

#developers_news

Sources: Time Out Dubai, The National News, Arabian Business

Real estate | Dubai | AX CAPITAL

27 Jul 2024 16:52

❗️❗️❗️❗️❗️❗️ Apartments in The Arthouse

☑️Next to Museums and Galleries
☑️5 Mins to the Beach
☑️Panoramic Sea Views
☑️Exclusive Residents' Club Atmosphere

📍Saadiyat Island

Mid-rise residential complex within the community, Saadiyat Grove, by Aldar. Within walking distance – Zayed National Museum, Louvre and Guggenheim Abu Dhabi.

The rooftop comprises a tropical garden, a swimming pool, and lounges. Residences with 3 bedrooms feature balcony lounges, sky villas boast wrap-around balconies with private pools.

For Sale:

➤ Apartments
1 Bedroom – from 95m²
2 Bedrooms – from 147m²
3 Bedrooms – from 256m²

➤ 2-storey Sky Villas
5 Bedrooms – from 1,288m²

Prices: from $899,000

➡️Expansive balconies, walk-in closets, and laundries in all apartments. Some units have maid's rooms and studies.

Benefits:

▫️Health Club
▫️Art Studio
▫️Tennis Court
▫️Arthouse Cinema
▫️Valet and Concierge
▫️Housekeeping, Cooking, Salon Services, Etc.

Payment Plan:

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

🔑 Handover – Q2 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

26 Jul 2024 16:10

Standard Vs. Post-handover Payment Plans in Dubai

Developers in the UAE offer flexible payment plans with 0% interest and a down payment of 5–20%, which directly affect Return on Investment (ROI).

➤ Standard Payment Plan

It is paid during construction, with the last tranche made upon completion or handover.

Example:

60% – During Construction
40% – On Handover

This is a 60/40 payment plan. Options include 50/50, 70/30, 80/20, etc.

Emaar has a standard payment plan: 90/10. Developers such as Reportage Properties, which aren't so well-known, offer 20/80 schemes.

The higher the last tranche, the more profitable the scheme is for resale at the final stage of construction. However, the higher the risk of default. This last payment can be made into a mortgage.

➤ Post-handover Payment Plan (PHPP)

It is extended for 2–3 years after completion or handover.

Example:

60% – During Construction
40% – Within 3 Years Post-handover

Options include 75/25, 70/30, 65/35, etc. In same cases plans include payments on handover. Usually the PHPP is no more than 30%–40% of the property's price.

Some developers such as Samana Developers provide 1% monthly payment options.

➤ Why PHPPs are profitable

Example: a 105m² apartment with 1 bedroom in Kempinski Marina Residences worth $600,000. Payment plan:

55% – During Construction
10% – On Handover
35% – Within 30 Months Post-handover

After completion, you can find tenants and pay off the installments with the rental income.

In 2024, the average yearly rent in Dubai Marina for a 1-bedroom apartment is $30,000. Assuming the rent will rise to $37,000 (7% per year) on handover in 2027.

If you have a standard payment plan, you pay out the entire sum on handover.

ROI = $37,000/ $600,000 x 100% = 6.2%

With PHPP, you paid out only 65% of the sum.
 
ROI = $37,000 / ($600,000 x 65%) x 100% = 9.5%

In Dubai, the apartment value will rise. If you decide to resell the unit, you will gain profit from capital appreciation without even paying out the whole investment sum.

Real estate | Dubai | AX CAPITAL

25 Jul 2024 17:09

Half-year Bestseller Projects

According to the Dubai Land Department data, from January to June 2024:

➤ 80,509 property transactions worth $63.5 billion were completed in Dubai.

Property deals show 32% volume ↑ and 30% value ↑ compared to H1 2023.

42% ➤ 33,841 transactions worth $37.2 billion – Existing Properties
⠀
58% ➤ 46,668 transactions worth $26.3 billion – Off-plan Properties
⠀
Compared to H1 2023:
⠀
➤ Existing volume ↑ by 11%, the value ↑ by 26%
⠀
➤ Off-plan volume ↑ by 52%, the value ↑ by 37%
⠀
TOP 5 Residential Projects by Sales Value
⠀
Apartments

1️⃣Address Residences Zabeel – $1.4 billion
2️⃣Sobha One – $1.1 billion
3️⃣Oceanz by Danube – $685 million
4️⃣Keturah Resort – $400 million
5️⃣Park Lane Interiors by Vida – $387 million

Villas and Townhouses

1️⃣Haven by Aldar – $410 million
2️⃣Expo Valley – $314 million
3️⃣Lillia, The Valley – $248 million
4️⃣Mudon Al Ranim 7 – $200 million
5️⃣Amara – $190 million

Most Popular Areas to Buy Properties in H1 2024

According to the property portal, Bayut:

▫️Affordable

Apartments – International City
Villas – DAMAC Hills 2

▫️Mid-tier

Apartments – Jumeirah Village Circle
Villas – Jumeirah Village Circle

▫️Luxury

Apartments – Dubai Marina
Villas – Arabian Ranches

Sources: Dubai Land Department, Bayut

#real_estate_dubai

Real estate | Dubai | AX CAPITAL

24 Jul 2024 16:02

Sale | Apartment | $9,800 000

📍Jumeirah 2, 5 mins to the beach

One of the 27 ultra-premium apartments in the classic yacht-styled complex, Mr. C Residences, completed in Q1 2024. The spacious terrace features a private pool and a BBQ area.

Panoramic views of Dubai Canal and Burj Khalifa. Also for residents: a private chef, butler, housekeeping, chauffeur, and doorman.

☑️Branded Furniture
☑️Private Lift
☑️Study
☑️Walk-in Closet
☑️Built-in Wardrobes
☑️Smart Home Solutions

In the residence:

▫️Resort-style Pool
▫️State-of-the-art Gym
▫️Yoga Studio and Spa
▫️Cinema
▫️Cafes and Restaurants
▫️24/7 Concierge and Valet

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

Agent: +971528757104

#secondary_market

Real estate | Dubai | AX CAPITAL

23 Jul 2024 17:34

The huge megaproject on a private island has been announced in Umm al-Quwain

📍Al Siniya Island

The developer, Sobha Realty, will build a luxury coastal community, Sobha Siniya Island, with access to manmade and natural beaches.

The project, surrounded by mangroves and lagoons, will include resorts and residences:

☑️Apartments
☑️Mansions with 4–6 Bedrooms

For residents:

▫️Clubhouse
▫️Marinas
▫️Eco-park and Golf Course
▫️Floating Pavilion
▫️Event Halls
▫️Play Zones

#news_uae

——

Trump Tower Dubai will be built in Dubai.

The developer, Dar Global, is partnering with the Trump Organisation to build the residential tower. It is their third collaboration.

The skyscraper will comprise a hotel, residential units, and a variety of amenities.

Residents will also get a membership at the exclusive club, The Trump Private.

Trump Organisation, owned by Donald Trump, has a portfolio of resorts, hotels, golf clubs, and residential developments globally.

#developers_news

Sources: Whatson, Khaleej Times, Arabian Business

Real estate | Dubai | AX CAPITAL

22 Jul 2024 16:13

The copper skyscraper, One Residence, has been announced in Dubai

The premium $327 million project was created by the architect Brad Wilkins, known for designing iconic skyscrapers.

The 30-storey building with a unique copper facade, panoramic glazing and rounded balconies will offer spectacular views of the Dubai Skyline.

The project will include 453 residences:

➤ Studios
➤ 1 and 2-bedroom Apartments
➤ Penthouses

Prices: from $327,000

Features:

▫️Infinity Pools
▫️Gym and Yoga Studio
▫️Zen Garden and Lounges
▫️Picnic and BBQ Areas
▫️Golf Simulator and Movie Theatre
▫️Kids' Club and Trampoline Park

Also for residents: 24/7 valet, on-demand chef and laundry services.

🔑 Completion – Q1 2027

Source: Arabian Business

#developers_news

——

Get information about available units in this project and buy them from us at AX CAPITAL:

📞+971521718769

✅ Agency commission – 0%

Real estate | Dubai | AX CAPITAL

20 Jul 2024 11:01

Sale | Apartment | $4,400,000

📍Eastern Crescent of Palm Jumeirah

Upgraded premium apartment in the 9-storey complex, Serenia Residences The Palm. The spacious balcony offers spectacular vistas of the sea and Atlantis The Palm.

🏖 Direct access to the private beach

☑️Semi-open Kitchen
☑️Household Appliances
☑️Panoramic Windows
☑️Built-in Wardrobes
☑️Maid's Room
☑️Central A/C

➡️Service Charge: $78 per m² per year

In the residence:

▫️Gym and Spa
▫️Infinity Pool and Jacuzzi
▫️Watersports
▫️Mini-golf Course
▫️Tennis Court
▫️Kids' Play Area

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

Agent: +971582685491

#secondary_market

Real estate | Dubai | AX CAPITAL

19 Jul 2024 12:25

❕❕❕❕❕ Villas in AlJurf Gardens

☑️700m Private Beach
☑️4.3km Canal Along the Community
☑️Previous Phases Sold Out Rapidly

📍Ghadeer Al Tayr, Abu Dhabi

The 3rd phase of the premium coastal project in the gated community, Kayan, nestled between Abu Dhabi and Dubai.

Open-plan layout and sliding courtyard glass doors create a cohesion of internal and external spaces. Spacious plots with enough space for private pools and landscaped gardens.

For Sale:

➤ 4 Bedrooms – from 296m²
➤ 5 Bedrooms – from 365m²

Prices: from $1,285,000

➡️Kitchen appliances, walk-in wardrobes, and covered parking for 2-3 cars

Benefits:

🔺Clubhouse
🔺Private Marina
🔺Elite Wellness Clinic
🔺Turtle Sanctuary
🔺Open Green Spaces
🔺Hotels and Resorts

Payment Plans:

10% – On Booking

➊ 20% – During Construction
70% – On Completion

➋ 30% – During Construction
60% – On Completion

➌ 30% – During construction
10% – On Completion
50% – 2 Years After Completion

➍ 30% – During Construction
10% – On Completion
50% – 3 Years After Completion

🔑 Completion – Q1 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

18 Jul 2024 11:30

❕❕❕❕❕ Apartments in The Pier Residences

☑️3.6m Ceilings
☑️Panoramic Windows With Sea View
☑️Bosch or Siemens Kitchen Appliances
☑️Marina with Superyachts Berths

📍 Dubai Maritime City

Residential complex on an artificial peninsula. Marine design elements of the facade create harmony of the building and the landscape.

Each residence features a smart home system, equipped kitchens and bathrooms with premium finishes and fixtures, marble and wooden floors.

For Sale:

➤ 1 Bedroom – from 57m²
Prices: from $381,000

➤ 2 Bedrooms – from 95m²
Prices: from $681,000

➤ 3 Bedrooms + Pool – from 182m²
Prices: from $1,879,000

➡️Service Charge: $53 per m² per year

Benefits:

▫️Infinity Pool
▪️Gym and Yoga Studio
▫️Jogging and Walking Tracks
▫️Paddle Tennis Court
▫️Residents Lounge
▫️Kids' Play Area

Payment Plan:

10% – On Booking
10% – After 30 Days of Booking
40% – During Construction
40% – On Handover

🔑 Handover – Q2 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

03 Aug 2024 11:11

Sale | Apartment | $2,000,000

📍Downtown Dubai

Premium apartment in the 61-storey tower, The Address Sky View Tower 1, by Emaar. 5* services from the hotel chain, Address Hotels + Resorts: 24/7 concierge, cleaning, doormen, valet parking, etc.

The spacious balcony offers views of the Downtown Dubai Skyline and The Dubai Fountain. Chiller – free.

☑️Fully Furnished
☑️Closed Kitchen
☑️Household Appliances
☑️Panoramic Windows
☑️Built-in Wardrobes

➡️Service Charge: $67 per m² per year

In the residence:

▫️Air-conditioned travelator, connecting the complex to Dubai Mall

▫️Pools
▫️Gym
▫️Spa
▫️Restaurants and Cafes
▫️Event Spaces
▫️Kids' Club

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

Agent: +971521949965

#secondary_market

Real estate | Dubai | AX CAPITAL

02 Aug 2024 12:53

The resort by the ultra-premium hotel brand set to open on an island in Abu Dhabi
⠀
📍Ramhan Island
⠀
The Ritz-Carlton Reserve project will be developed by the hospitality company, Marriott International, and the island developer, Eagle Hills.
⠀
The resort with panoramic sea views will feature:
⠀
☑️50 Villas with 1–4 Bedrooms, Including the Region’s First Floating Villas
☑️Unique Leisure Amenities
⠀
This project on Ramhan Island will be one of only eight Ritz-Carlton Reserve resorts worldwide.
⠀
🔑 Completion – 2029
⠀
#developers_news
⠀
——
⠀
In H1 2024, the maximum real estate transaction volume since 2012 was registered in Sharjah.
⠀
From January to June, compared to the same period in 2023:

▫️Real Estate Sales Value – $4.9 Billion, ↑ by 35.6%
▫️Total Volume of Transactions – 46,524, ↑ by 13.8%
▫️Volume of Sales Transactions – 10,809, ↑ by 64%
⠀
Investors from 106 nationalities engaged in deals. TOP 3 by the number of purchased properties:
⠀
1️⃣UAE – 17,390
2️⃣India – 1,138
3️⃣Syria – 785
⠀
#news_uae
⠀
Sources: Gulf Business, Property News

Real estate | Dubai | AX CAPITAL

01 Aug 2024 11:19

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

▫️News

➤ Dubai real estate market results in June
➤ Real estate prices growth in June
➤ Longest beach in Dubai
➤ Best supertall building in the world
➤ Sold out on Al Marjan Island
➤ Popular areas for property rent in Dubai in H1
➤ Half-year bestseller projects
➤ Abu Dhabi real estate market in H1

▫️AX News

➤ Business meetings in Germany

▫️Useful

➤ UAE Golden Visa in 5 days
➤ Investor's guide: Saadiyat Island
➤ 5 benefits of apartment in Dubai
➤ Must-have apps for expats
➤ Which payment plan is the most profitable

▫️Projects

Apartments:

➤ Apartments by Emaar with direct access to marina
➤ Furnished residencies with pools on the balconies
➤ Project by Binghatti with discounts up to 22%
➤ Designer units with private pools
➤ Boutique complex by European developer
➤ Furnished apartments with jacuzzies
➤ Project by Aldar in Saadiyat Cultural District
➤ Apartments next to golf club with 4.5 years payment plan

Townhouses + villas:

➤ Waterfront villas with private beach and canal

#month_results

Real estate | Dubai | AX CAPITAL

31 Jul 2024 13:31

❕❕❕❕❕ Apartments in Dusk by Binghatti

☑️105 Residents
☑️Low-rise Complex
☑️TOP Area by Off-plan Property Sales

📍JVC

Stylish 6-storey residential complex, just 10 minutes drive from Downtown Dubai. Everything for a perfect family living: over 30 parks, international schools, nurseries, and supermarkets are within walking distance.

For Sale:

➤ Studios – from 38m²
Prises: from $212,000

➤ 1 Bedroom – from 72m²
Prises: from $340,000

➤ Retails – from 105m²
Prises: from $340,000

Benefits:

🔺Pool
🔺Gym
🔺Recreation Area
🔺Kids' Playground
🔺Shops

🔑 Completion – Q4 2024

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

30 Jul 2024 11:47

❕❕❕❕❕ Apartments in Club Place

☑️Dubai Hills Golf Club – in Walking Distance
☑️Fully Operational Facilities
☑️4.5 Years Payment Plan
☑️Developer – Emaar

📍Dubai Hills Estate

Residential complex of three buildings connected by a podium featuring a pool and leisure deck with sun loungers. The comprehensive community features an 18,000m² park, Dubai Hills Mall, nurseries and international schools, King's College Hospital, restaurants and supermarkets.

For Sale:

➤ 1 Bedroom – from 64m²
Prices: from $395,000

➤ 2 Bedrooms – from 101m²
Prices: from $607,000

➤ 3 Bedrooms – from 144m²
Prices: from $926,000

➡️All units have balconies or terraces

Benefits:

▫️State-of-the-art Gym
▫️Skate Park and Sports Courts
▫️Jogging and Walking Tracks
▫️Restaurants and Supermarkets
▫️Kids' Play Areas and Nurseries

Payment Plan:

10% – Down Payment
70% – During Construction
20% – On Completion

🔑 Completion – Q4 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

29 Jul 2024 11:27

Popular Areas for Property Purchase and Rent from January to June 2024

➤ According to the Bayut portal.

Compared to H2 2023 prices of apartments in Abu Dhabi:

☑️Affordable ↑ by 10%
☑️Luxury ↑ by 6%

Most Popular Areas for Buying Properties in H1 2024

▫️Affordable

Apartments ➤ Al Reef
Villas ➤ Al Reef

▫️Luxury

Apartments ➤ Al Reem Island
Villas ➤ Yas Island

Rental Rate Increase, Compared to 2023

Apartments

☑️Affordable ↑ by 9%
☑️Luxury ↑ by 20%

Villas

☑️Affordable ↑ by 7%
☑️Luxury ↑ by 12%

Most Popular Areas for Renting Properties in H1 2024

▫️Affordable

Apartments ➤ Khalifa City
Villas ➤ Mohammed Bin Zayed City

▫️Luxury

Apartments ➤ Al Reem Island
Villas ➤ Yas Island

Annual Rental Prices for a 1-bedroom Apartment

TOP 5 Affordable Areas:

1️⃣Tourist Club Area ➤ $9,000
2️⃣Al Khalidiyah ➤ $11,000
3️⃣Khalifa City ➤ $12,000
4️⃣Al Shamkha ➤ $12,000
5️⃣Al Muroor ➤ $15,000

TOP 5 Luxury Areas:

1️⃣Al Reem Island ➤ $18,000
2️⃣Yas Island ➤ $19,000
3️⃣Al Raha Beach ➤ $19,000
4️⃣Corniche Area ➤ $23,000
5️⃣Saadiyat Island ➤ $26,000

Source: Bayut

#real_estate_abu_dhabi

Real estate | Dubai | AX CAPITAL

27 Jul 2024 11:06

Sale | Apartment | $1,400,000

📍Bluewaters Residences, 5 mins to Dubai Marina

Fully upgraded apartment in a prestigious waterfront community. A spacious balcony and panoramic windows provide magnificent views of the lush green courtyard.

☑️Open Kitchen with an Island
☑️Household Appliances
☑️Built-in Wardrobes
☑️Covered Parking
☑️Central A/C
☑️Pets Allowed

In the community:

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

▫️Pools
▫️Gym
▫️Basketball Courts
▫️Cafe and Restaurants
▫️Concierge and Security 24/7
▫️Kids' Play Areas

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

Agent: +971521948543

#secondary_market

Real estate | Dubai | AX CAPITAL

26 Jul 2024 12:14

The leading Abu Dhabi developer, Aldar, will expand its presence in Dubai

📍Sheikh Zayed Road

The company will build a commercial tower beside the Dubai International Financial Centre (DIFC). It will include:

▫️Grade A Offices with a Total Area of 88,000m²
▫️Branded Residences
▫️Boutique Hotel

Aldar will also acquire the ultra-modern office building, 6 Falak, comprising 9,100m². The facility is located on one of the last freehold plots in Dubai Internet City.

The $490 million investment will be the company’s first commercial developments in Dubai.

🔑 Completion – Q4 2027

#developers_news

——

The UAE's passport was included in TOP 10 most powerful passports globally

➤ According to the Henley Passport Index.

The index compares the visa policies of 227 countries and ranks them by the number of visa-free destinations available to their citizens.

In 18 years, the UAE has climbed from 62nd to 9th position, by the number of visa-free destinations:

☑️35 countries – 2006
☑️185 countries – 2024

Singapore topped the ranking – 195 countries

#news_uae

Sources: Arabian Business, Gulf Business

Real estate | Dubai | AX CAPITAL

25 Jul 2024 12:45

❕❕❕❕❕ Apartments and Duplexes in CUBIX Residences

☑️64 Residences
☑️Handover in a Year
☑️Prices from $173,000
☑️Bosch Kitchen Appliances

📍Jumeirah Village Circle (JVC)

7-storey building in one of the most popular areas by off-plan property sales. Modern technologies are used: solar panels, smart home system, Face ID access to building, plate recognition for parking access.

Storage rooms are provided for studios and duplexes. All units have balconies and Villeroy & Boch, Grohe and Franke sanitary ware.

For Sale:

➤ Apartments
Studios – 37m²
1 Bedroom – from 52m²
2 Bedrooms – from 111m²
Prices: from $173,000

➤ Duplexes with Pools and Terraces
2 Bedrooms – from 153m²
3 Bedrooms – from 213m²
Prices: from $204,000

➡️Service Charge: $35–$41 per m² per year

Benefits:

▫️Adult and Kids' Pools
▫️State-of-the-art Gyms
▫️Steam Room and Sauna
▫️Co-working and Lounge
▫️Kids' Play Areas

Payment Plan:

15% – On Booking
35% – During Construction
40% – On Handover

🔑 Handover – Q2 2025

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

24 Jul 2024 11:12

❕❕❕❕❕ Apartments in Altus

📍Dubai Creek Harbour

☑️700-metre Sandy Beach
☑️Waterfront Promenade
☑️Creek Marina Yacht Club
☑️500,000m² of Parks

Residential complex comprising two mid-rise buildings within a family-oriented community by Emaar.

Convenient ferry and metro connectivity, a new Blue Line station is planned.

For Sale:

Apartments
➤ 1 Bedroom – from 62m²
Prices: from $436,000

➤ 2 Bedrooms – from 106m²
Prices: from $694,000

➤ 3 Bedrooms – from 148m²
Prices: from $1,035,000

♻️ Sustainable practices: energy efficiency, waste management, water conservation, EV charging stations, etc.

Benefits:

🔺Adult and Kids' Pools
🔺Gym and Yoga
🔺Cycling and Jogging Tracks
🔺Multipurpose Room
▫️Landscaped Garden
▫️The Viewing Point

Payment Plan:

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

🔑 Completion – Q1 2029

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

23 Jul 2024 11:14

❕❕❕❕❕ Apartments in Cove Edition by Imtiaz

☑️Private Jacuzzies on Balconies
☑️Designer Furniture and Finishes
☑️Completion Within 2 Years
☑️Prices from $163,000

📍Dubailand

Elegant 15-storey building, 3-minute walk from the park. The landscaped roof features a swimming pool, relaxation area with cabanas and sun loungers, and sports grounds.

For Sale:

➤ Studios – from 37m²
Prices: from $163,000
➤ 1 Bedroom – from 71m²
Prices: from $245,000
➤ 2 Bedrooms – from 107m²
Prices: from $354,000

➡️All units have balconies or terraces

Benefits:

▫️Kids' Pool
▫️Club House
▫️Gym
▫️BBQ Areas
▪️EV Сharging Stations

Payment Plan:

Receipts for EOI request ➤ from $14,000

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

🔑 Completion – Q2 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

22 Jul 2024 11:11

Popular Areas for Property Rent

According to the Dubai Land Department (DLD), from January to May 2024, the number of visitors in Dubai had increased by 10% – 8.12 million, compared to 7.39 million during the same period in 2023.

Rental Rate Increase, Compared to 2023

Apartments:

☑️Luxury ↑ by 7.23%
☑️Affordable ↑ by 10.87%

Villas:

☑️Luxury ↑ by 4.48%
☑️Affordable ↑ by 3.90%

The Most Popular Areas

▫️Luxury

Apartments ➤ Dubai Marina
Villas ➤ Al Barsha

▫️Affordable

Apartments ➤ Deira
Villas ➤ DAMAC Hills 2

Annual Rental Prices for a 1-bedroom Apartment

TOP 5 Luxury Areas:

1️⃣Dubai Marina ➤ $30,000
2️⃣Business Bay ➤ $28,000
3️⃣Downtown Dubai ➤ $37,000
4️⃣Dubai Creek Harbour ➤ $31,000
5️⃣Palm Jumeirah ➤ $48,000

TOP 5 Affordable Areas:

1️⃣Deira ➤ $14,000
2️⃣International City ➤ $12,000
3️⃣Al Nahda ➤ $12,000
4️⃣JVC ➤ $20,000
5️⃣Bur Dubai ➤ $20,000

Source: dubizzle

#real_estate_dubai

Real estate | Dubai | AX CAPITAL

19 Jul 2024 17:17

TOP 10 Apps for Life in Dubai

1️⃣UAE Pass

Digital ID for access to 12,000+ services. Submit applications, pay fees, and sign documents within the app.

2️⃣Dubai Now

Public portal with 150+ services:

☑️Bill Payments
☑️DEWA Connection
☑️Paperwork Processing, Etc.

3️⃣Bayut

One of the UAE's leading property classifieds platforms. Convenient filters, map search, and full reports on properties – TruEstimate.

4️⃣RTA Dubai

40+ transport and driver services, including:

☑️Parking and Fines Payment
☑️Nol Card Top-ups
☑️Public Transport Routes

5️⃣DHA

All types of medical services, such as:

☑️Booking Appointments
☑️Lab Results
☑️Map Search for the Nearest Clinics

6️⃣Careem

One of the most popular taxi utilities in the Middle East. The app also offers:

☑️Grocery Ordering
☑️Flower Delivery
☑️Electronic Wallet, Etc.

7️⃣dubizzle

Leading virtual bulletin board in the UAE. Here you can buy or sell goods, properties, services, as well as view current job vacancies.

8️⃣Talabat

One of the largest food delivery apps in the Middle East. It comprises many restaurants, cafes, and shops, with intuitive search and order tracking.

9️⃣Platinumlist

Service for searching tickets to concerts, plays, and events. A user-friendly interface that features:

☑️Online-purchasing
☑️Event Calendar
☑️Great Deals

🔟Justlife

All types of household and other services, including calling a manicure specialist, groomer, or psychologist.

All apps are available in English for free on Google Play and App Store.

Real estate | Dubai | AX CAPITAL

18 Jul 2024 17:04

All properties near the Сasino in Ras Al Khaimah are sold out

The project comprises 12,000 residential units and 15,000 hotel keys, as well as:

▫️4 Islands
▫️8km Beaches
▫️6 Hotels, Such as DoubleTree by Hilton, Hampton, and Radisson Resort

In 2024, construction of major projects was announced on Al Marjan lsland, including La Mer by ELIE SAAB, Aston Martin Residences, etc.

#news_uae

——

The developer, Binghatti, has finished two projects ahead of schedule.

📍Jumeirah Village Circle

The developer has announced early delivery of:

☑️Binghatti Corner – 36 stores
☑️Binghatti Emerald – 26 stores

In July, the company launched Aurora by Binghatti.

——

The Grade A logistics park will be built in Dubai.

📍Jebel Ali

The developer, Aldar, has signed an agreement with the port operator, DP World, on the construction of a logistics complex at the National Industries Park (NIP) in Dubai.

Features:

☑️Area – 144,000m²
☑️LEED Certification

🔑 Completion – Q4 2025

#developers_news

Sources: Khaleej Times, Property News

Real estate | Dubai | AX CAPITAL

17 Jul 2024 11:55

Sale | Apartment | $1,700,000

📍Downtown Dubai

Elegant apartment in the 56-storey tower of the residential complex, The Address Residences Dubai Opera, by Emaar. 5* concierge and maid service.

Panoramic windows in each room offer views of Burj Khalifa and the Dubai Fountain.

☑️Fully Furnished
☑️Open Kitchen
☑️Household Appliances
☑️Balcony
☑️Built-in Wardrobes
☑️Central A/C

For owners:

▫️Infinity Pool
▫️Gym and Spa
▫️Landscaped Terrace
▫️Kids' Club
▫️Restaurants and Cafes

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

Agent: +971528757104

#secondary_market