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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

The UAE has taken🥈place in the world among the best countries for expats.

According to the German research company, InterNations:

➊ Рlace – Bahrain
➌ Рlace – Singapore

Main Pillars:

✓ Availability of Non-Cash Payments
✓ Easy Access to Medical Services
✓ Easy Search for Housing, etc

#news_uae

——

Expo City Mall to open its doors in 2024.

📍Expo City Dubai

Expo City Mall will house more than 190 shops and restaurants.

Earlier it was announced that residential complexes will be built in Expo City Dubai:

Expo Valley
Mangrove Residences

——

The Once Upon a Time museum of rare vintage items has opened in Dubai.

📍Jumeirah Mosque

The Once Upon a Time is open from 9:00 AM to 5:00 PM. Day off – Friday.

#life_dubai

Sources: Arabian Business, The National News

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Real estate | Dubai | AX CAPITAL

SALE | Apartment | $409,000

📍Dubai Marina

138m², 2 bedrooms, 3 bathrooms

Аpartment in the 52-storey tower Marina Crown from the developer, Emaar. Within a walking distance to the Marina Promenade.

🏖 10 mins – Marina Beach and Emirates Golf Club

✓ Furnished
✓ Balcony
✓ Built-In Wardrobes
✓ Panoramic Windows
✓ Open Kitchen

Service charges – $51 per m² (per year)

In the residence:

➤ Gym
➤ Pool and Jacuzzi
➤ Kids' Play Area
➤ Restaurants and Shops
➤ Concierge and Security 24/7

❗️The apartment is vacant and ready to move in.

Agent: +971528563184

#secondary_market

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – Waterfront Apartments and Townhouses in Creek Waters

📍Creek Island, Dubai Creek Harbour

Residential tower with a spacious lobby from the developer, Emaar. Within a walking distance to the park and well-maintained promenade with a new viewing point.

All apartments have balconies and are equipped with kitchen appliances

For sale:

➤ Apartments
1 bedroom – from 70m²
2 bedrooms – from 104m²
3 bedrooms – from 144m²
4 bedrooms – from 227m²

➤ Townhouses
3 bedrooms – from 271m²

➤ Penthouse
5 bedrooms – 761m²

Prices: from $436,000

Benefits:

✓ Gym
✓ Pools for Adults and Kids
✓ Relaxation Deck with Sun Lounges
✓ BBQ Area
✓ Restaurants and Shops

Payment schedule:

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

🔑 Completion – Q3 2027

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

The Dubai Government has approved the Skyports Infrastructure Vertiport terminal's concept for electric flying taxis.

The project was developed by the world's famous architectural bureau, Foster + Partners.

The new terminal is located next to the Dubai International Airport (DXB) and will be operational by 2026.

#life_dubai

——

95% of UAE residents feel secure about the country's prospects.

According to The Primary Consumer Sentiment Index (PCSI):

✓ 80% – made a purchase of real estate or cars without fear
✓ 81% – expect the economy to be stronger in 6 months' time

The UAE took the🥈place among the leading countries, just 1% behind Saudi Arabia.

#news_uae

Sources: Arabian Business, Time Out Dubai

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Real estate | Dubai | AX CAPITAL

Dubai Real Estate Market ➤ Results of March 2023

According to the report of the Dubai Land Department:

➤ In March 2023, 12,155 property sales transactions worth $9.2 billion were completed in Dubai.

5,735 transactions worth $5.8 billion ➤ secondary and ready properties

6,420 transactions worth $3.4 billion ➤ off-plan properties

Сompared to March 2022:

➤ Volume ↑ by 45% and value ↑ by 53%

TOP areas for sales:

Apartments

➊ JVC
➋ Dubai Creek Harbour
➌ Business Bay
➍ Hadaeq Sheikh Mohammed Bin Rashid

Villas & Townhouses

➊ Al Yufrah 1
➋ Wadi Al Safa 5
➌ Nad Al Shiba First
➍ The Field

According to the digital platform, Property Finder, as of March 2023, the percentage of people who want to own:

Apartment ➤ 59.7%
Villa or townhouse ➤ 40.3%

Source: Arabian Business

#real_estate_dubai

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – Waterfront Apartments in Canal Heights 2

📍Business Bay

Residential complex from the developer, Damac Properties, and the Swiss jewelry brand, De Grisogono. All apartments have panoramic windows and balconies.

Duplexes with terraces and private pools

For sale

➤ Аpartments
Studios – from 41m²
1 bedroom – from 58m²
2 bedrooms – from 118m²

➤ Duplexes
3 bedrooms – 203m²
4 bedrooms

Prices: from $335,000

➤ Option to buy full floor available

Prices: from $4,901,000

Benefits:

✓ Pools
✓ Beauty salon
✓ Luxurious Lobby
✓ Restaurant and Shop
✓ Recreation Area

Payment plan:

20% – Down Payment
60% – During Construction
20% – On Completion

🔑Completion – Q3 2027

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

RENT | Apartment | $109,000 per year

📍Downtown Dubai

193m², 3 bedrooms, 3 bathrooms

Elegant apartment in the premium residential complex, The Residences 7. View of Burj Khalifa and a man-made lake with Dubai Fountain.

5 mins – Dubai Mall

✓ Furnished
✓ Spacious Balcony
✓ Built-in Wardrobes
✓ Panoramic Windows
✓ Central A/C

In the residence:

➤ Pool
➤ Gym
➤ Sauna and Jacuzzi
➤ Covered Parking
➤ Concierge and Security 24/7

❗️Apartment will be vacant on transfer.

Agent: +971522049070

#longterm_rent

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – Apartments in Azizi Grand

📍Dubai Sports City

Mid-rise residential complex with a focus on modern, healthy, and sustainable living. Developer – Azizi Developments.

⛳️ 10 mins – Jumeirah Golf Estates' Club House and The Els Club Dubai

For sale:

➤ Studios – 40m²
➤ 1 bedroom – from 50m²
➤ 2 bedrooms – 102m²

Prices: from $135,000

• All apartments have panoramic windows and balconies

Benefits:

✓ Pools for Adults and Kids
✓ Gym
✓ BBQ Area
✓ Kids' Play Area
✓ Restaurants and Shops

Payment schedule:

40% – During Construction
60% – On Completion

🔑 Completion – Q4 2024

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

The UAE government will issue 100,000 golden visas to attract top tech talents.

🎯 Key goal – aiming to position UAE as a global leader in artificial intelligence (AI) by 2031.

Priority sectors for the use of AI:

✓ Resources and Energy
✓ Logistics and Transport
✓ Hospitality
✓ Healthcare
✓ Cybersecurity

#economy_dubai

——

Dubai's Roads and Transport Authority has announced the opening of 2 bridges and a tunnel.

Total Length – 2.3km
Transportation Capacity – 27,200 vehicles per hour

The bridges and tunnel opened as part of the Falcon Interchange Improvement Project

#life_dubai

Sources: Arabian Business, Zawya

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Real estate | Dubai | AX CAPITAL

SALE | Villa | $5,717,000

📍Dubai Hills Estate

535m², 5 bedrooms, 5 bathrooms

Luxury villa with a balcony and panoramic windows in a gated elite community, Golf Place 1. Developer – Emaar.

Private pool, garden and shaded recreation areas

✓ Furnished
✓ Maid's Room
✓ Closed Kitchen
✓ Built-In Wardrobes
✓ Covered Parking

For owners:

⛳️ 18-Hole Golf Course

➤ Рool
➤ Gym
➤ Park
➤ Jogging and Bike Paths
➤ Kids' Play Areas
➤ Security 24/7

❗️Villa will be vacant on transfer.

Agent: +971554451285

#secondary_market

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Real estate | Dubai | AX CAPITAL

The Dubai Media Office has announced fireworks to take place in various locations across the city.

Fireworks Location, Date and Timings:

✓ Bluewaters Island ➤ April 1 by 10 PM
✓ JBR ➤ April 1 by 10 PM
✓ Al Seef ➤ April 8 by 10 PM
✓ Dubai Festival City ➤ April 15 by 10 PM

The previous large-scale fireworks in Dubai took place on New Year's Eve and set a new world record.

#life_dubai

——

Expo 2020 Dubai will add $42.2 billion to the UAE economy between 2013 to 2042, and support 1 million job-years.

According to the international company EY, the exhibition was visited by 24.1 million people.

This month it was announced that residential complexes will be built in Expo City Dubai:

Expo Valley
Mangrove Residences

#economy_dubai

Sources: Arabian Business, Zawya

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – Apartments in Samana Waves 2

📍JVC

27-storey residential complex with a 3-storey podium from the developer Samana Developers. Balconies and terraces with private pools.

⚡️ The first phase sold out in 2 weeks from the start of sales.

For sale:

➤ Studios
➤ 1, 2, 3-Bedroom Apartments
➤ 1, 2-Bedroom Duplexes

Prices: from $166,000

Benefits:

✓ Pool and Jacuzzi
✓ Wellness Centre
✓ Steam Room and Sauna
✓ Landscaped Gardens
✓ Valet Parking

Receipts for EOI request ➤ 15%

🔑 Handover – Q1 2026

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – Apartments at The Source

📍Abu Dhabi, Grove Cultural District

Residential complex with a variety of sports facilities, from a fitness studio to squash courts, etc. Proximity to Zayed National Museum and Louvre Abu Dhabi.

2 themes for interior finishing: light and dark

For sale:

➤ 1, 2, 3-Bedroom Apartments

Areas: from 80m²
Prices: from $626,000

• All apartments have balconies and are equipped with kitchen appliances

Benefits:

✓ Infinity Pools
✓ Gym and Yoga
✓ Kids' Play Areas
✓ Co-Working and Lounge
✓ Steam Room and Sauna

Payment Plan:

40% – During Construction
60% – On Handover

🔑 Handover – Q3 2026

Leave a request: +971521718769

Agency Commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – The Edge Waterfront Apartments

📍Business Bay

Residential complex of two towers, connected by a podium. The open area of the podium covers 61,000m² and includes sports areas and landscaped gardens for recreation.

All apartments have balconies with promenade, Burj Khalifa or city views.

For sale:

➤ 1 bedroom – from 53m²
➤ 2 bedrooms – from 78m²

Prices: on request

Benefits:

✓ Pool and Jacuzzi
✓ Gym and Yoga
✓ Sports Grounds
✓ Co-Working
✓ BBQ Area

Payment plan:

Receipts for EOI request ➤ $14,000

40% – During Construction
60% – On Completion

🔑Completion – Q4 2026

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

RENT | Apartment | $116,000 per year

📍Culture Village

278m², 3 bedrooms, 4 bathrooms

Corner apartment in a luxurious hotel complex, Palazzo Versace Dubai. The balcony offers a magnificent view of the Dubai Canal.

🛥 Direct access to marinas and promenade with restaurants

✓ Custom furnished
✓ Open kitchen
✓ Built-in wardrobes
✓ Panoramic windows
✓ Central A/C

In the residence:

➤ Lagoon pool
➤ Gym
➤ SPA
➤ Covered parking
➤ Concierge and security 24/7

❗️10 mins – Creek Park and DXB airport

Agent: +971525619802

#longterm_rent

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – Townhouses in Mudon Al Ranim 5

📍Mudon

Collection of 2 and 3-storey townhouses in one of Dubai's most sought-after family communities. All townhouses have private gardens, maid's rooms and covered parking.

🏖 Lagoon pool with beaches and picturesque Mudon Al Ranim Park

For sale:

➤ 3 bedrooms – from 218m²
Prices: from $606,000

➤ 4 bedrooms – from 229m²
Prices: from $731,000

Benefits:

🐕‍🦺 Dog park

✓ Pools
✓ Sports Grounds
✓ Yoga and Meditation Areas
✓ Kids' Play Areas
✓ Оrnamental Gardens

Payment schedule:

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

🔑 Completion – Q3 2026

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

Dubai's ultra-luxury home prices climbed to 27% in Q1 2023 compared to the same period in 2022.

According to real estate experts, average prices:

✓ Luxury Real Estate ➤ $6.8 million
✓ Per m² of Luxury Villas ➤ $10,390, which is 53.15% higher than in Q1 2022

#real_estate_dubai

——

Dubai World Central Airport (DWC) plans to expand to 56 million m².

🎯 The goal is to become the world's largest airport by 2050 and have the capacity to accommodate up to 255 million passengers each year.

The first phase of the project will increase the airport's capacity to 130 million passengers per year and will be completed by 2030.

#life_dubai

——

Dubai's non-oil private sector maintains its growth in March 2023.

According to the online platform, S&P Global.

Latest Purchasing Managers' Index (PMI)🔺to 55.5 compared to 54.1 in February 2023.

#economy_dubai

Sources: Zawya, Arabian Business

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Real estate | Dubai | AX CAPITAL

🔺Demand to buy two-bedroom apartments is higher than one-bedroom units in Dubai:

1 bedroom ➤ 32%
2 bedrooms ➤ 34%

According to the digital platform, Property Finder, the percentage of people looking for:

Apartments🔺from 57.2% in March 2022 to 59.7% in March 2023

Villas and townhouses🔻from 42.8% in March 2022 to 40.3% in March 2023

Tenants looking for:

Apartments ➤ 79.8%
Villas or townhouses ➤ 20.2%

At the same time, tenants that prefer furnished properties:

➤ 63.8% apartments
➤ 46.8% villa or townhouse

#real_estate_dubai

Source: Khaleej Times

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Real estate | Dubai | AX CAPITAL

SALE | Apartment | $980,000

📍Jumeirah

112m², 2 bedrooms, 3 bathrooms

Apartment in one of Dubai's most sought-after residential complexes, Port De La Mer. Spacious balcony offer a magnificent view of the sea.

🏖 Direct access to the beach and marina

✓ Furnished
✓ High-Quality Finishing
✓ Built-in Wardrobes
✓ Panoramic Windows
✓ Central A/C

In the residence:

➤ Pool
➤ Gym
➤ Kids' Play Area
➤ BBQ Area
➤ Restaurants and Shops
➤ Concierge and Security 24/7

❗️The apartment is vacant and ready to move in. High ROI.

Agent: +971522935064

#secondary_market

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Real estate | Dubai | AX CAPITAL

🏆 New record рrice per m² of residential property was broken in Dubai:

➤ $41,000 per m²

This is how much the buyer paid for an apartment with 5 bedrooms in the ultra-premium complex, Baccarat Hotel & Residences.

📍Downtown Dubai

This is the first Baccarat hotel in the UAE.

#real_estate_dubai

——

Dubai Multi-Commodities Centre announced record highs in Q1 2023.

708 new companies were registered, which is 8.4% more than in the 1st quarter of 2022.

❗️These are the highest numbers since the DMCC was founded in 2002.

Growth was driven by its own gaming centre, which was launched at the end of 2022.

#economy_dubai

——

Dubai's Roads and Transport Authority and Cruise Company have began testing unmanned taxis.

5 unmanned vehicles are being tested for:

✓ Technologies for traffic lights
✓ Driver behavior

#life_dubai

Sources: Arabian Business, Zawya, Khaleej Times

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Real estate | Dubai | AX CAPITAL

🏆 AX CAPITAL WINS AT EMAAR AWARDS 2022

Yesterday, April 5, Emaar Annual Broker Awards 2022 ceremony took place.

AX CAPITAL ranked🥇with Dubai's largest real estate developer, Emaar, in last year's sales results.

We congratulate the team on their success and thank our customers for their trust!

#ax_news

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Real estate | Dubai | AX CAPITAL

Dubai sold 88 residential properties in Q1 2023 with each property amounting to over $10 million.

According to the consulting group, Knight Frank, most luxury homes were purchased in:

➊ Palm Jumeirah – 26 sales
➋ Jumeirah Bay Island – 23 sales
➌ Al Wasl/Dubai Canal – 11 sales

Dubai ranked fourth among the cities in the world, where the largest number of luxury real estates were sold in 2022.

#real_estate_dubai

——

Citizens of the UAE have the opportunity to get free parking permits near their homes.

This was announced by the Dubai's Roads and Transport Authority (RTA).

The free parking service extends to parking areas within a radius of 500m from the place of residence.

Citizens can submit their applications via the RTA website. For this you need to provide:

✓ A copy of the Emirates ID
✓ A valid Ejari
✓ Proof of vehicle ownership

#news_uae

Sources: Arabian Business, Khaleej Times

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – Apartments in Golf Grand

📍Dubai Hills Estate

17-storey residential complex with a podium from the developer Emaar. All apartments have laundries, as well as balconies or terraces with scenic views.

⛳️ Dubai Hills Golf Club within walking distance

For sale:

➤ 1 bedroom – from 63m²
➤ 2 bedrooms – from 99m²
➤ 3 bedrooms – from 164m²

Prices: from $409,000

Benefits:

✓ Pools
✓ Fitness Centre
✓ BBQ Area
✓ Kids' Play Area
✓ Restaurants and Shops

Payment schedule:

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

🔑 Completion – Q1 2027

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

February results – market records
Abu Dhabi Real Estate – total sales of 2022
Damac Properties will build a resort in the Maldives
Property prices in Dubai are lower by 20-80%

🟤 АХ news

AX CAPITAL victory in the nomination from Bayut & dubizzle

🟡 Projects

Apartments:

Reeman Living from $99,000
Samana Waves 2 from $166,000
UPSIDE Living from $262,000
Cedar Creek Beach from $343,000
Mar Casa from $350,000
Savanna from $354,000
Bianca from $355,000
Mangrove Residences from $373,000
DG1 Living from $468,000
Design Quarter at d3 from $509,000
The Source from $626,000
SLS Residences Palm prices on request
The Edge prices on request
Damac Bay 2 by Cavalli prices on request

Townhouses + villas + plots:

Anya 2 from $640,000
Expo Valley from $980,000
Ramhan Island from $1,743,000
Grand Courts ~$3,240,000
Mangrove Residences prices on request

——
#month_results

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Real estate | Dubai | AX CAPITAL

Investment company, Mubadala and developer, Aldar Properties will build new 37-floor office tower in Abu Dhabi.

📍Al Maryah Island

Leasable area – 63,000m²
Completion of construction – 2026

The tower is expected to receive LEED Gold Certified by the US Green Building Council.

In 2022, Aldar bought 4 towers worth $1.17 billion from Mubadala.

#developers_news

——

The UAE entered the TOP-3 most developing markets in the world.

In the FDI Confidence Index 2023 by consulting firm Kearney, the UAE ranked:

🥇Place in the MENA region

➌ Place in the world

The rating helps business leaders to choose emerging markets that are attractive for investment.

#news_uae

Sources: Khaleej Times, The National News

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Real estate | Dubai | AX CAPITAL

📣 Start of Sales – Townhouses in Bianca

📍Dubailand

Collection of 2 and 3-storey townhouses with double-height windows and central air conditioning. Developer – Reportage Properties.

Private elevators, maid's rooms & laundry's in some townhouses.

For sale:

2 bedrooms – 90m²
Outdoor Area – from 54m²

3 bedrooms – from 114m²
Outdoor Area – from 114m²

4 bedrooms – 154m²
Outdoor Area – from 214m²

Prices: from $355,000

Benefits:

🐕‍🦺 Dog Parks

✓ Sports Grounds
✓ Pools for Adults and Kids
✓ BBQ and Picnic Areas
✓ Club House
✓ Kids' Play Area

6 Payment Plan Options

➤ Down payment from 10%
➤ You can pay 1% monthly till handover
➤ Discount from 5-15% depending on the chosen payment plan

🔑 Handover – Q4 2026

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

SALE | Villa | $2,042,000

📍Dubai Hills Estate

439m², 4 bedrooms, 5 bathrooms

Cozy 2-storey villa in an elite gated community, Sidra Villas. Spacious plot with private garden, fountain and recreation areas.

Within walking distance is Dubai Hills Park.

✓ Partly Furnished
✓ Cabinet
✓ Balcony
✓ Built-In Wardrobes
✓ Maid's Room
✓ Covered Parking Spaces

For owners:

⛳️ Golf Сourse

➤ Pool
➤ Sports Facilities
➤ Kids' Play Area
➤ Restaurants and Cafes
➤ Security 24/7

❗️Villa will be vacant on transfer.

Agent: +971554451285

#secondary_market

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Real estate | Dubai | AX CAPITAL

🔥 Start of Pre-Registration – Waterfront Apartments in Damac Bay 2

📍Dubai Marina

Residential complex of two towers from the developer Damac Properties. Balconies and panoramic windows overlooking the Palm Jumeirah and Dubai Marina.

⚡️ Previous phase sold out fast

For sale:

➤ 1, 2, 3-bedroom apartments
➤ 3, 4, 5-bedroom duplexes

• It is possible to buy full floor. Some apartments have private pools

Prices: On Request

✓ Pools
✓ Gym
✓ Sandy Beach Access
✓ Restaurants and Shops
✓ Landscaped Gardens for Recreation

Payment plan:

Receipts for EOI request ➤ $41,000

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

Property prices in Dubai are lower by 20-80% when compared to major cities.

According to the consulting group, Knight Frank, in Dubai for $1 million you can have 105m². Compared with:

➤ Monaco – 17m²
➤ Hong Kong – 21m²
➤ New York – 33m²
➤ London – 34m²

Earlier, Knight Frank predicted a 13.5% increase in prices for luxury real estate in Dubai in 2023.

#real_estate_dubai

Source: Khaleej Times

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Real estate | Dubai | AX CAPITAL

📣 Start of Pre-Registration – Plots in Grand Courts

📍Meydan

Plots for 3-storey villas with the possibility to design basement. Interior design by the fashion brand, Elie Saab.

10 mins – The Track Meydan Golf Club

For sale:

Plots

➤ Area ~753m²
➤ Building area ~1,162m²

Prices ~$3,240,000

For owners:

➤ Sports Grounds
➤ Landscaped Gardens
➤ Restaurants and Shops
➤ 24 hours security

Payment plan:

Receipts for EOI request ➤ $273,000

Leave a request: +971521718769

Agency commission – 0%

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