Real estate | Dubai | AX CAPITAL

01 Jul 2023 13:18

RENT | Apartment | $60,000 per year

📍East crescent of Palm Jumeirah

86m², 1 bedroom, 3 bathrooms

Spacious apartment in the premium residential complex, The 8, with the first-class amenities from the 5* Th8 Palm Hotel. Panoramic windows offer scenic sea views in every room.

🏖 Beach access for residents

✓ Furnished
✓ Balcony
✓ Built-In Wardrobes
✓ Maid's Room
✓ Central A/C
✓ Pets Allowed

In the residence:

➤ Pools
➤ Gym
➤ Beach Club
➤ Restaurants and Shops
➤ Children's Play Area
➤ Covered Parking
➤ Concierge and Security 24/7

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

Agent: +971581897205

#longterm_rent

Real estate | Dubai | AX CAPITAL

29 Jun 2023 17:02

Credit rating agency, S&P Global Ratings, has upgraded Emaar' long-term issuer credit rating.

The upgrade to "BBB" from "BBB-" reflects the attractiveness of the developer's projects and the strong performance of the Dubai housing market.

This month Emaar launched a new collection of townhouses, Rivana ➤ View project

#developers_news

——

The iconic Pepsi factory sold for $68.6 million.

📍Al Quoz 1

The plot was bought by the investment company, Al Futtaim Private Company LLC, which is engaged in construction in Dubai.

#life_dubai

——

A global crypto exchange, Bybit, granted Minimum Viable Product (MVP) Preparatory License from Dubai's Virtual Assets Regulatory Authority (VARA).

The Preparatory License is a step to operational permission from VARA. But it does not allow the commencement of virtual asset operations in Dubai.

#crypto_dubai

Sources: The National News, Khaleej Times, Bybit Blog

Real estate | Dubai | AX CAPITAL

28 Jun 2023 17:07

#ax_view ➤ Episode №5 – How Dubai will change in 20 years

3D-printed buildings, the tallest structure in the world, flying taxis, and many more. Take a tour to the future of Dubai with AX CAPITAL!

⏳ Watch time: 4 mins

This and other videos on our YouTube channel ➤ Watch

Real estate | Dubai | AX CAPITAL

27 Jun 2023 16:07

The hotel brand, Dorchester Collection, will open its 1st hotel in Dubai, The Lana, in November 2023.

📍Business Bay

Developer – Omniyat

The hotel is connected to a residential tower with 39 serviced apartment and will feature:

✓ 225 Rooms and Suites
✓ 7 Restaurants and Bars
✓ A Rooftop Pool

Omniyat is going to invest $2.7+ billion in the Business Bay district.

——

Meteora Developers sells out 2 identical towers worth $55.5 million within days of launch in Q2 2023.

📍JVC

19-storey residential projects, the East Crest and 7 Park Central, will have 118 1-bedroom apartments with an area from 60m² to 72m².

Handover – Q2 2024

Meteora Developers is going to launch 4 more projects in 2023.

#developers_news

——

Abu Dhabi's construction growth lets non-oil GDP achieve the highest quarterly value in 9 years in Q1 2023.

According to the data of the Statistics Centre – Abu Dhabi (SCAD).

Compared to Q1 2022:

➤ GDP ↑ by 3.9%
➤ Non-oil GDP ↑ by 6.1% reaching $40 billion
➤ Construction activities ↑ by 14.4%. The highest quarterly growth rates in 9 years

The construction sector contribution to total GDP is 8.5%.

#news_abu_dhabi

Sources: Property News, Khaleej Times, Arabian Business

Real estate | Dubai | AX CAPITAL

26 Jun 2023 12:03

Abu Dhabi and Dubai are the best cities to live in for the 5th year in a row in the Middle East and North Africa (MENA) region.

According to the Global Liveability Index 2023 of the research organization, the Economist Intelligence Unit.

The other most liveable MENA cities are: Tel Aviv, Kuwait City, Doha, etc.

TOP city among 173 cities worldwide is Vienna.

——

Dubai and Abu Dhabi are the most competitive job markets in the world

➤ According to the list of the recruitment site, Resume.io, based on LinkedIn posts in 130 cities.

TOP 5 on the number of candidates applying for the new position, is:

➊ Doha – 399
➋ Dubai – 283
➌ Istanbul – 168
➍ Johannesburg – 160
➎ Abu Dhabi – 149

#news_uae

——

Dubai airports have welcomed 26 million passengers in 2023

➤ According to the General Directorate of Residency and Foreigners Affairs (GDRFA).

36% (9 million) of all passengers have used smart gates, which is expected to ↑ to 50% by the end of 2023 to reduce congestion and wait times.

#life_dubai

Sources: Khaleej Times, The National News, Arabian Business

Real estate | Dubai | AX CAPITAL

23 Jun 2023 17:10

The developer, Segrex Development, launched a residential project, Stonehenge Residence.

📍JVC

Area: from 42m² to 232m²

The complex of two buildings will offer apartments with 2 options:

➊ Fully Equipped Kitchen
➋ High Quality Turnkey Interior and Furnishings

Benefits:

✓ Infinity Swimming Pool on the Rooftop, with the Panoramic Views of Dubai Marina and the Burj Khalifa
✓ English-style Garden
✓ Spacious Lounge Zones
✓ Gym

——

The developer, Pure Gold Living, will launch 3 projects in Dubai with $100-million investment.

The project in Al Furjan will feature:

✓ Studios
✓ 1, 2 and 3-bedroom Duplex Apartments with a Pool
✓ Infinity Pool Overlooking the Burj Khalifa

2 more projects, residential and commercial will be launched in Meydan.

Source: Arabian Business

#developers_news

——

Get information about available units in these projects and buy them from us at AX CAPITAL:

📞 +971521718769

✅ Agency commission – 0%

Real estate | Dubai | AX CAPITAL

22 Jun 2023 16:12

❕❕❕❕❕ Townhouses in Mudon Al Ranim 7

📍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.

⚡️Previous phases sold out rapidly.

For sale:

➤ 3 bedrooms – from 218m²
Prices: from $678,000

➤ 4 bedrooms – from 229m²
Prices: from $811,000

Benefits:

🐕‍🦺 Dog Park

✓ BBQ and Picnic Areas
✓ Yoga and Meditation Areas
✓ Sports Grounds
✓ 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

Real estate | Dubai | AX CAPITAL

21 Jun 2023 16:41

SALE | Penthouse | $4,760,000

📍JBR

778m², 4 bedrooms, 5 bathrooms

Luxurious 2-storey penthouse in a 30-storey residential tower, Murjan 2. The balcony offers scenic views of the sea, Dubai Marina and the world's largest observation wheel, Ain Dubai.

A large terrace with a private swimming pool.

✓ Furnished
✓ Maid Room
✓ Central A/C
✓ Walk-In Closet
✓ 2 Parking Spaces

✅ Service charges – $41 per m² (per year)

For Owners:

➤ Gym
➤ 24/7 Security
➤ Swimming Pool
➤ Covered Parking
➤ Children's Play Area

❗️The penthouse is vacant and ready to move in.

Agent: +971588225984

#secondary_market

Real estate | Dubai | AX CAPITAL

20 Jun 2023 16:01

WHY INVEST IN BRANDED PROPERTIES IN DUBAI

We review 5 reasons to purchase Branded versus Unbranded real estate in Dubai:

➊ Luxury features of branded residences
➋ High return on investments
➌ How to use branded properties wisely
➍ A branded property as the safest investment
➎ Why it is easy to resale

Host of the episode – AX CAPITAL Exclusive Projects' Sales Manager, David James.

Get more information on this topic from our experts right now🔻

Real estate | Dubai | AX CAPITAL

19 Jun 2023 17:31

Units in the 82-storey Al Habtoor Tower in residential complex, Al Habtoor City, are now on sale.

📍Business Bay

Developer: Al Habtoor Group

The tower features 1,641 units:

• 1, 2, 3-Bedroom Apartments
• 22 Sky Villas

Prices: from $544,000

The tower will offer a 360° view of the Dubai Skyline, Burj Khalifa, Dubai Canal, Meydan and the seashores.

Benefits:

✓ Gyms
✓ Kids' Areas
✓ Infinity Pools
✓ Tennis Courts
✓ Sauna and SPA
✓ Restaurants and Shops
✓ Indoor and Outdoor Relaxation Spaces

Source: Trade Arabia

#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

17 Jun 2023 17:13

Do you want to get an expert view on choosing the property? Ask the host 📥

+971526477762

📧 a.grigorian@axcapital.ae

Real estate | Dubai | AX CAPITAL

17 Jun 2023 11:11

SALE | Serviced Apartments | $2,180,000

📍JBR

108m², 2 bedrooms, 3 bathrooms

Stylish apartment in the 77-storey famous hotel complex, The Address Residences Jumeirah Resort & Spa. The balcony offers breathtaking views of the sea and the world's largest observation wheel, Ain Dubai.

🏖 Direct access to the 100 meters beach

✓ Furnished
✓ Central A/C
✓ Open Kitchen
✓ Panoramic Windows
✓ Built-In Wardrobes

For Owners:

➤ Gym and SPA
➤ 24/7 Security
➤ Swimming Pools
➤ 24/7 Valet Service
➤ Children's Play Area
➤ Restaurants and Bars

❗️The apartment is vacant and ready to move in.

Agent: +971521921958

#secondary_market

Real estate | Dubai | AX CAPITAL

16 Jun 2023 12:42

✈️ Additional check-in desks, passport control and security have been added at Dubai International Airport (DXB) in June 2023.

Special departure gates have also been arranged to accommodate Hajj pilgrimage flights. The airport administration advises passengers to arrive four hours before their flight departure time.

In 2022, DXB retained its title as the world's busiest international airport for the ninth year in a row.

——

The world's largest airshow is here again, the Dubai Airshow 2023 will hold from November 13-17, 2023, to unveil the future of the aerospace industry.

📍Dubai World Central (DWC), Dubai Airshow Site

The new advanced aerial mobility (AAM) pavilion with drones, UAMs and eVTOLs will be introduced at the Aviashow.

Also at the event:

✓ 300+ All-star Speakers
✓ 13 Industry Tracks
✓ 5 Stages

➤ Register and save over 15%

Earlier, the Dubai Government approved plans to develop vertiports for flying taxis

#life_dubai

Sources: Time Out Dubai, Arabian Business

Real estate | Dubai | AX CAPITAL

15 Jun 2023 11:01

❕❕❕❕❕ Apartments in Rashid Yachts & Marina

📍Mina Rashid

Exquisite 6-storey Sunridge residential development in a new premium community by the developer, Emaar. Walking distance to the promenade, art galleries, museum and theater.

🛥 Floating yacht club with 430 berths for yachts up to 100m in length

For sale:

➤ 1 bedroom – from 71m²
➤ 2 bedrooms – from 120m²

Prices: from $400,000

Benefits:

🏖 500-metre canal pool

✓ Beach Сlub
✓ Gym
✓ Park Аreas
✓ School
✓ Floating Restaurant

Payment schedule:

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

🔑 Completion – Q1 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

14 Jun 2023 11:06

The Luxe Developers has begun construction on the $408 million Oceano residential project in Ras Al Khaimah.

📍Al Marjan Island

The luxury residential project consists of two 18-storey towers with 206 units:

• 1, 2, 3, 4-Bedroom Apartments
• 6 Penthouses
• 2 Sky Villas

Benefits:

✓ Entertainment Areas with Views of the Arabian Gulf
✓ Infinity and Resort-Style Pools
✓ Restaurants and Shops
✓ Private Jetty for Yachts
✓ Gym and SPA
✓ Private Beach

Source: Zaway

#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

30 Jun 2023 16:04

Two iconic Dubai hotels have been named among the TOP 10 hotels in the world for 2023, according to the French company, La Liste:

Bulgari Resort ➤ 5th
Burj Al Arab ➤ 8th

This rating is based on travel guides, media publications, and online reviews.

The winners of the "Hotel Opening of the Year Awards 2023" include:

✓ Atlantis The Royal in Dubai
✓ Capella in Sydney
✓ Peninsula in Istanbul

The grand opening of Atlantis The Royal took place in January and featured the famous singer, Beyoncé.

——

✈️ Both Emirates and Etihad Airways have been ranked among the world's best airlines of 2023.

This is according to the World Airline Awards' rating by the international air transport rating organization, Skytrax, which is based on a passenger satisfaction survey.

The TOP 3 airlines in the Middle East are:

➊ Qatar Airways
➋ Emirates
➌ Etihad Airways

FlyDubai secured the 9th spot in the ranking.

Meanwhile, in the top 25 airlines in the world:

Emirates ➤ 4th
Etihad Airways ➤ 13th

#life_dubai

Sources: Khaleej Times, Arabian Business

Real estate | Dubai | AX CAPITAL

29 Jun 2023 13:39

Dubai's desert safari is the TOP bucket list activity among the world's best experiences

➤ According to the Tripadvisor travel platform.

The 6-hour expedition in the Lahbab dunes includes:

✓ Dune-bashing
✓ Quad Biking
✓ Camel Rides
✓ Sandboarding
✓ Stargazing
✓ Traditional Arabian Barbecue

——

Dubai took🥇place as the most popular city on TikTok for 2023

➤ According to a study of a luggage storage app, Bounce.

The Dubai hashtag got 140.4 billion views, the number of videos using #Dubai has ↑ by 72%, compared to 2022.

The city surpassed New York and London.

——

Dubai is named among TOP 3 summer destinations for US travelers.

According to a survey by global hotel and accommodation search platform, Trivago:

➊ Honolulu, Hawaii, USA
➋ Tokyo, Japan
➌ Dubai, UAE

Dubai outperformed Istanbul, Antalya, Hong Kong, Island Resorts of Aruba and Bahamas.

#life_dubai

Sources: Dubai Media Office, Trade Arabia, Khaleej Times

Real estate | Dubai | AX CAPITAL

28 Jun 2023 11:01

RENT | Apartment | $40,800 per year

📍Business Bay

80m², 1 bedroom, 2 bathroom

Stylish apartment in the new 21-storey residential complex, 15 Northside, which was completed in 2022. Scenic views of Dubai Canal and Downtown Dubai.

10 mins – Burj Khalifa and Dubai Mall.

✓ Furnished
✓ Balconies
✓ Built-In Wardrobes
✓ Panoramic Windows
✓ Central A/C

In the residence:

➤ Infinity Pool with Burj Khalifa Views
➤ Children's Pool with Play Area
➤ Gym
➤ Rooftop Terrace
➤ Cafes and Shops
➤ Covered Parking
➤ Concierge 24/7

❗️The apartment is brand new. Ready to move-in.

Agent: +971521324361

#longterm_rent

Real estate | Dubai | AX CAPITAL

27 Jun 2023 08:00

🔺 WELCOME TO THE NEW OFFICE

On June 9, 2023, we inaugurated our second AX office in Dubai.

📍31st Floor, Concord Tower, Media City

The dedicated floor offers AX aesthetics and provides scenic views of Dubai Marina and Palm Jumeirah.

The new office has been meticulously designed and executed by AX DESIGN, just as our headquarters in Business Bay, which opened in July 2021.

Over the course of two years, our team has expanded to over 500 individuals, and we welcome an average of 30-50 visitors each day.

We prioritize your comfort and convenience! Visit us at the following office hours:

Mon-Fri ➤ 9:30am-6:30pm
Sat ➤ 11am-3pm

#ax_news

Real estate | Dubai | AX CAPITAL

24 Jun 2023 16:04

SALE | Penthouse | $2,858,000

📍Palm Jumeirah

634m², 4 bedrooms, 5 bathrooms

Spacious 2-storey penthouse in a 15-storey tower in Marina Residences 6 residential complex.

Large shaded terrace with water view. Double-height windows provide an abundance of natural light.

✓ Furnished
✓ Maidʼs Room
✓ 2 Large Walk-In Closets
✓ 3 Parking Spaces
✓ Laundry Room
✓ Study

✅ Service charges – $44 per m² (per year)

For Owners:

➤ Gym and Sauna
➤ Covered Parking
➤ 24/7 Security
➤ Swimming Pool
➤ Children's Play Area

❗️The penthouse is vacant and ready to move in.

Agent: +971521324727

#secondary_market

Real estate | Dubai | AX CAPITAL

23 Jun 2023 11:04

The Dubai Financial Market's (DFM) general index ↑ 13.6% since the start of 2023.

The highest volumes, 4.95 billion shares traded on June 18.

❗️The stock prices of the developer, Emaar, is near a 52-week high.

The stock prices ↑ from the start of 2023:

✓ The shipping services company, Gulf Navigation – 400%
✓ Ajman Bank – 110.7%
✓ The School Operator, Taleem – 24.3%
✓ Dubai's Road Toll System, Salik – 23%
✓ Dubai Electricity and Water Authority (DEWA) – 14%

#economy_dubai

——

New waterfront residential project by RAK Properties and Ellington Properties in Ras Al Khaimah.

📍Hayat Island

It will feature:

✓ Direct Beach Access
✓ High-End Restaurants
✓ Resort-Style Amenities

#developers_news

——

The investment company, Ethmar International Holding (EIH Group), acquires the luxury waterfront project the Lamar Residences in Abu Dhabi for $272 million.

📍Al Raha Beach

Area: 124,500m²

The development will feature: 4 residential buildings, 435 residential units, including 30 villas.

#news_abu_dhabi

Source: Gulf News, Arabian Business, Trade Arabia

Real estate | Dubai | AX CAPITAL

22 Jun 2023 11:05

The UAE was named the most desirable country in the world to live in for youths for the 12th year in a row

➤ According to the PR firm's, ASDA'A BCW, survey of the people aged 18-24 in 18 Arab states

24% of respondents voted for the UAE, the 19% – for the USA and Canada, 14% – for Qatar.

Key factors include:

✓ Security – 41%
✓ Growing Economy – 28%
✓ Effective Leadership – 24%

——

The UAE enters the TOP 10 most competitive economies in the world

➤ According to the World Competitiveness Ranking 2023 by the International Institute for Management Development (IMD)

The UAE is🥇in government efficiency and in the TOP 5 for affordable taxes.

#news_uae

——

The Dubai Government unveils digital strategy and a new version of the official website.

The strategy focused on digital initiatives in sectors from economy to cybersecurity.

The upgraded official digital platform gives users access to E-participation, databases and digital services in all spheres.

#life_dubai

Sources: Time Out Dubai, Arabian Business, Khaleej Times

Real estate | Dubai | AX CAPITAL

21 Jun 2023 12:12

❕❕❕❕❕ Townhouses in Rivana

📍The Valley

A collection of premium 3-storey townhouses in a gated community by Emaar. All houses have balconies, rooftop terraces and spacious plots with enough space for private pools.

🏖 Walking distance to the Golden Beach

For sale:

➤ 3 bedrooms – from 297m²
➤ 4 bedrooms – from 309m²
➤ 5 bedrooms – from 410m²

Prices: from $762,000

▪️2 types of townhouse plans

Benefits:

✓ BBQ Area
✓ Community Centre
✓ Sports Grounds
✓ Kids' Play Areas
✓ 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

Real estate | Dubai | AX CAPITAL

20 Jun 2023 11:41

One of the leading real estate developers in the UAE, MAG Group, sold out up to 70% of its projects' units.

The luxury residential development, Keturah Reserve ➤ all 93 townhouses, with 70% of the apartments sold

The Ritz-Carlton Residences, a part of the premium wellness community, Keturah Resort ➤ the penthouses, the 2-bedroom apartments, and 2 mansions out of 12 were sold

MAG 22, a residential development with 2 and 3-bedroom townhouses ➤ 60% of units sold

⚡️Due to high demand, MAG Group will soon announce the launch of additional units across the Keturah projects.

The developer achieved $816.7 million in sales in Q1 2023.

——

Al Zorah Development unveils luxury beachfront villa development, Beach Hills Villas, in Ajman.

📍Al Zorah

The project features 4 rows of ultra-luxurious 4-bedroom villas on the seashore.

The villas Offer:

✓ Private Beach Access
✓ The Exclusive Amenities of Al Zorah Golf Club
✓ Private Swimming Pools
✓ Panoramic Sea Views

#developers_news

Sources: Khaleej Times, Trade Arabia

Real estate | Dubai | AX CAPITAL

19 Jun 2023 12:37

Dubai's population ↑ to 3,598,000 in June 2023

➤ According to the Dubai Statistics Centre.

The population ↑ by 86,607 within a year, firstly hit the 3.5 million mark in April 2022.

Dubai's 2040 Urban Master Plan aims to transform the emirate to serve an expected population of 5.8 million.

——

The 5th phase of the largest single-site solar park in the world, Al Maktoum Solar Park, was opened on June 18 in Dubai.

It will power 270,000 homes.

The Solar Park features a total investment of $13.6 billion.

♻️ It will help to reduce 6.5 million tonnes carbon emissions annually.

#economy_dubai

——

One of the biggest festivals in the world, UNTOLD 2024, will start in Expo City Dubai in February.

The 2 world records of the future festival with DJ Armin van Buuren at Burj Khalifa:

➤ The Highest Performance on the World's Tallest Building
➤ The Largest LED Screen Used for a Show

Register for early-bird access and exclusive offers.

#life_dubai

Sources: The National News, Khaleej Times, Time Out Dubai

Real estate | Dubai | AX CAPITAL

17 Jun 2023 17:13

#podcast ➤ Season 2. Episode №2 – How to choose a suitable property?

🎙We discuss what to do after the first consultation with your agent and how the property selection happens.

Author – Aram Grigorian, an expert with 10 years of experience.

Timecode:

1:20 – Communicate the priorities
6:24 – Narrow down the options
12:03 – Choose an investment property that the value will increase in the future

The author has mentioned:
Season 2. Episode №1 – First agent consultation

🔻Listening time: 15 mins

Real estate | Dubai | AX CAPITAL

16 Jun 2023 16:31

The Abu Dhabi Government unveiled the master plan for a megaproject with the world's largest artificial surf park.

📍 Hudayriyat Island

Area – 51 million m²
Developer – Modon Properties

It will feature:

✓ Residential Communities
✓ 16 km of Beaches and 53 km of Coastline
✓ Velodrome Abu Dhabi, Suitable for Staging Global Championships
✓ Surf Abu Dhabi with World's Longest Ride and Largest Man-Made Wave Pool
✓ The Largest Urban Park in the Emirate
✓ 220 km long Cycle Tracks
✓ Eco-Farm, F&B Outlets, Playgrounds, etc.

#news_abu_dhabi

——

Dubai Municipality has spent $25.3 million to improve the public beaches.

Al Mamzar Corniche, Jumeirah 1, Jumeirah 3, and Umm Suqeim 1 became larger ➤ 112,000m²

The project focused on safeguarding the sandy shores by building beach protection facilities and laying down fresh sand.

It's a part of a plan to increase the length of the beaches by 400% by 2040

#life_dubai

Sources: The National News, Time Out Dubai

Real estate | Dubai | AX CAPITAL

15 Jun 2023 16:03

Dubai residential capital values rose in May 2023 according to the ValuStrat Index (VPI).

Compared to April 2023, VPI ↑ by 1.2%:

For Villas ➤ by 1.4%
For Apartments ➤ by 1%

Compared to May 2022, VPI ↑ by 11.3%:

For Villas ➤ by 15.8%
For Apartments ➤ by 7.5%

🔺 Areas with the highest annual capital gains:

Villas

Jumeirah Islands ➤ 20.7%
Emirates Hills ➤ 19.7%
Palm Jumeirah ➤ 17.3%

Apartments

Palm Jumeirah ➤ 16.3%
The Greens ➤ 10.4%
JBR ➤ 9.4%

——

Average rent in May ↑ by 24.2% from May 2022:

Apartments ➤ by 24.1%
Villas ➤ by 24.8%

According to global commercial real estate services, CBRE,

In May 2023, the average rental prices:

Apartments ➤ $28,200
Villas ➤ $84,800

🔺 Leading areas in terms of average rental prices:

Apartments ➤ Palm Jumeirah ($71,300)
Villas ➤ Al Barari ($274,100)

#real_estate_dubai

Sources: ValuStrat, TradeArabia

Real estate | Dubai | AX CAPITAL

14 Jun 2023 16:11

SALE | Villa | $2,590,000

📍Bluewaters Island, 350m to Ain Dubai

185m², 3 bedrooms, 4 bathrooms

Bright apartment in the 10-storey residential building in the gated community, Bluewaters Residences. Panoramic windows with garden views.

🏖 10 mins – Marina Beach

✓ Furnished
✓ Central A/C
✓ Pets Allowed
✓ 2 Parking Spaces
✓ Built-In Wardrobes
✓ Maid's Room and Laundry

For Owners:

➤ The Dubai Coastline Views
➤ Gyms
➤ Swimming Pools
➤ Gardens and Parks
➤ Children's Play Areas
➤ Restaurants and Retails

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

Agent: +971529164257

#secondary_market

Real estate | Dubai | AX CAPITAL

13 Jun 2023 16:03

Azizi Supertall Skyscraper will be the second-tallest building in Dubai

It is set to be the fifth-tallest building in the world: 600+ meters tall.

📍Sheikh Zayed Road

The ultra-luxurious skyscraper will consist of:

✓ Residential Apartments – 100 Floors
✓ 7* Hotel – 22 Floors

The hotel will be all-suite with restaurants on seven floors.

Opening Date – 2027

#real_estate_dubai

——

🏆 Dubai ranked 11th in the world for the number of billionaires.

According to the Wealth-X database study, Billionaire Census 2023.

TOP cities by the number of billionaires:

➊ New York – 136
➋ Hong Kong – 112
➌ San Francisco – 84
➍ Moscow – 76
➎ London – 75

The Middle East has 187 billionaires.

Saudi Arabia ➤ 71
The UAE ➤ 45

#news_uae

——

Dubai is in the TOP 10 prominent global cities.

According to UK newspaper's rating, The Economist.

Major parameters: population increase, year-round warm climate, lenient regulation, and etc.

TOP 5:

➊ Miami
➋ Singapore
➌ Dubai
➍ New York
➎ London

#records_dubai

Sources: Arabian Business, PropertyNews, Time Out Dubai