Real estate | Dubai | AX CAPITAL

07 Aug 2023 17:17

Dubai office space demand has risen by 23% in H1 2023 compared to H1 2022

➤ According to the consultancy group, Knight Frank.

The supply of office space to be completed by 2026 is only 278,700m², while Dubai's office market requires 54,000m², and the demand has been continuously growing.

The biggest rise in office rents, compared to H1 2022:

✓ Business Bay – 69%
✓ Trade Centre District and Dubai Marina – 54%

#real_estate_dubai

——

Abu Dhabi developer, RAK Properties, has announced its net profit in Q2 2023 is $11.84 million.

In Q2 2022 the developer has registered a loss of $1.3 million.

——

The leading Sharjah developer, Arada, has awarded a $108 million contract to the general contractor, GAC, to build a residential district, Nasaq.

📍Aljada

It will feature six buildings with 1, 2 and 3-bedroom apartments. For residents:

✓ Pool
✓ Gym
✓ Shops and Restaurants
✓ Park

Earlier GAC has won a $129 million contract to build the Vida Aljada hotel

#developers_news

Sources: The National News, Trade Arabia

Real estate | Dubai | AX CAPITAL

05 Aug 2023 16:04

#ax_view ➤ Episode №6 – The most extraordinary restaurants of Dubai

The guide to Dubai's unique culinary adventures: have breakfast in the sky, lunch underwater, and dine at the theatre. Let's explore these great dining spots with AX CAPITAL!

⏳ Watch time: 4 mins

Find this and other videos on our YouTube channel ➤ Watch

Real estate | Dubai | AX CAPITAL

04 Aug 2023 16:06

The property portal, Dubizzle, revealed Dubai's TOP areas to rent and buy properties in H1 2023.

Average property prices

Apartments ➤ from $127,000 to $1.5 million
Villas ➤ from $392,000 to $11 million

The most searched areas to buy:

Affordable apartments ➤ Jumeirah Village Circle (JVC), ROI 7.69%
Villas ➤ Damac Hills 2, ROI 6.47%

Luxury apartments ➤ Dubai Marina, ROI 7.19%

Villas ➤ Dubai Hills Estate, ROI 5.13%

The most searched areas to rent:

Luxury apartments ➤ Dubai Marina
Villas ➤ Al Barsha

Affordable apartments ➤ JVC
Villas ➤ Damac Hills 2 and Mirdif

The highest increase in price per m² – 15.8% ➤ Jumeirah Lakes Towers

#real_estate_dubai

——

The developer, Deyaar, has announced its profit reached $32 million in H1 2023.

This represents a 77% increase in profits compared to the same period in 2022.

Last month, the developer announced the start of sales at the residential complex, Jannat at Midtown by Deyaar ➤ View project

#developers_news

Sources: Arabian Business, Dubizzle

Real estate | Dubai | AX CAPITAL

03 Aug 2023 16:14

Abu Dhabi Real Estate Market ➤ H1 2023 Results

According to Abu Dhabi's Department of Municipalities and Transport, were registered 10,557 real estate transactions worth $12.6 billion:

6,730 sales transactions ➤ $6.8 billion

3,827 mortgage transactions ➤ $5.8 billion

🔺Compared to H1 2022, the total sales transactions ↑ by 88.6% in volume and by 184.6% in value.

TOP 5 areas with the highest transaction value:

➊ Al Saadiyat Island – $816.7 million
➋ Yas Island – $707.9 million
➌ Al Reem Island – $653.4 million
➍ Al Jubail Island – $408.4 million
➎ Al Shamkha City – $272.2 million

#real_estate_abu_dabi

——

The developer, Aldar Properties, has announced its net profit reached $354 million in Q2 2023.

It ↑ by 52% compared to the same period in 2022, with the highest quarterly and half-yearly sales.

Earlier, the developer announced start of pre-registration at the residential complex, The Source II, in Abu Dhabi ➤ View project

#developers_news

Sources: Arabian Business, Gulf Business

Real estate | Dubai | AX CAPITAL

02 Aug 2023 16:01

Rent | Apartment | $35,000 per year

📍Dubai Creek Harbour

69m², 1 bedroom, 1 bathroom

Located in the 42-storey residential tower, 17 Icon Bay, developed by Emaar, this apartment offers stunning park views from its balcony. The tower was completed in 2022.

⛵️10 mins – Dubai Creek Harbour Marina Walk and Creek Marina Yacht Club

✓ Furnished
✓ Built-In Wardrobes
✓ Open Kitchen
✓ Central A/C
✓ Pets Allowed

In the residence:

➤ Pool
➤ Gym
➤ Sauna and Steam Room
➤ Covered Parking
➤ BBQ Area
➤ Kids' Play Area
➤ Concierge and Security 24/7

❗️The apartment is brand new and ready to move-in.

Agent: +971521706541

#longterm_rent

Real estate | Dubai | AX CAPITAL

01 Aug 2023 11:12

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

🟠 News

➤ Real Estate Market Records of June
➤ The world's luxury property deals record
➤ Named the district with the highest ROI in Abu Dhabi
➤ Real Estate Market Q2 2023 Results
➤ Real Estate Market H1 2023 Results

🟤 AX News

➤ AX CAPITAL exclusive project presentation

🟡 Projects

Apartments:

➤ Jannat at Midtown by Deyaar from $149,000
➤ Hamilton Residences from $193,000
➤ Golf Greens from $267,000
➤ 320 Riverside Crescent from $371,000
➤ The Golf Residences from $380,000
➤ Rixos Dubai Islands Hotel & Residences from $708,000
➤ Sobha SeaHaven Tower B from $847,000
➤ The Skycrest Collection from $898,000

Townhouses + villas + beach houses:

➤ Damac Lagoons from $797,000
➤ Shamsa 1 in Expo City Dubai $926,000
➤ The Oasis by Emaar from $2,205,000
➤ Rixos Dubai Islands Hotel & Residences from $2,532,000
➤ EŌME from $30,000,000

⚪️ Video

➤ Who byes homes in Dubai

——
#month_results

Real estate | Dubai | AX CAPITAL

31 Jul 2023 12:07

The Department of Culture and Tourism Abu Dhabi (DCT Abu Dhabi) identified 64 sites requiring protection.

⚡️The maintenance and rehabilitation of these buildings is part of the Modern Heritage Conservation Initiative.

The list includes multiple types of buildings from mosques to markets and hotels. For example:

✓ Sheikh Zayed Sports City
✓ Al Manhal Palace
✓ Al Khalidiyah Park
✓ National Theatre.

#news_abu_dhabi

——

🚕 The number of Dubai public transport users has risen to 337 million people in H1 2023.

It's an 11% increase, compared to the same period of 2022.

According to the Roads and Transport Authority (RTA) the ridership shares of public transportation are:

✓ Metro – 36.5%
✓ Taxi – 29%
✓ Bus – 24.5%
✓ Marine Transport, Tram and other public transport – 10%

#life_dubai

Sources: Media Office Government of Abu Dhabi, Arabian Business

Real estate | Dubai | AX CAPITAL

29 Jul 2023 11:00

Rent | Apartment | $38,000 per year

📍Business Bay

90m², 2 bedrooms, 2 bathrooms

Stylish apartment with premium finishing in the 22-storey residential tower, MAG 318. The tower was completed in 2021.

5 mins – Burj Khalifa and Dubai Mall

✓ Furnished
✓ Balconies
✓ Panoramic Windows
✓ Semi-Open Kitchen
✓ Built-in Wardrobes
✓ Central A/C

In the residence:

➤ Pool with Lounge Area
➤ Gym
➤ BBQ Area
➤ Kids' Play Area
➤ Covered Parking
➤ Concierge and Security 24/7

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

Agent: +971557961451

#longterm_rent

Real estate | Dubai | AX CAPITAL

28 Jul 2023 11:35

Q2 2023 Real Estate Market Results ➤ Dubai

According to the consulting group, ValuStrat, Real Estate Research:

❗️Dubai villa market has exceeded market peaks of 2014 by 1.2%

Compared to Q1 2023, ValuStrat Index (VPI) ↑ by 3.4%:

For Villas ↑ by 4.3%
For Apartments ↑ by 2.6%

Compared to Q2 2022, VPI ↑ by 11.7%:

For Villas ↑ by 15.8%
For Apartments ↑ by 8.1%

Compared to Q1 2023:

▫️Sales volume

Ready ↑ 9.3%
Off-plan ↓ 10.6%

▫️Residential asking rents ↑ 3.5%

Villa rentals ↑ 3.7%
Apartment rentals ↑ 3.4%

Compared to Q2 2022:

▫️Sales volume

Ready ↑ 11.8%
Off-plan ↑ 75.7%

▫️Residential asking rents ↑ 32.6%

Villa rentals ↑ 52%
Apartment rentals ↑ 19.7%

▫️In Q2 2023, the average rental prices:

Studios ➤ $13,600

Apartments
1 Bedroom ➤ $19,600
2 Bedrooms ➤ $29,000
3 Bedrooms ➤ $46,000

Villas ➤ $107,400

Residential occupancy ➤ 86%

#real_estate_dubai

Source: ValuStrat

Real estate | Dubai | AX CAPITAL

27 Jul 2023 11:14

The UAE President's brother, Sheikh Saeed bin Zayed, passed away today, July 27, 2023.

The Presidential Court announced official three-day mourning. Flags at half-mast starting today and ending on Saturday, July 29.

Sheikh Saeed bin Zayed was born in 1965 in Al Ain. He was appointed as the Representative of the Ruler of Abu Dhabi in June 2010, and as the Undersecretary of the Department of Planning in Abu Dhabi. He was also a representative of Sheikh Zayed bin Sultan Al Nahyan.

Source: Khaleej Times

Real estate | Dubai | AX CAPITAL

26 Jul 2023 11:02

❕❕❕❕❕ Apartments in The Golf Residences

📍Dubai Hills Estate

The 13-storey tower from a Swiss developer, Fortimo, overlooking the golf course and a lush green park. All apartments feature spacious terraces and laundries, some of them have maid's rooms.

The 2-storey podium is a relaxing area focused on the fantastic Oasis Paradise Pool, with a landscaped garden.

⛳️ Dubai Hills Golf Club within walking distance. 10 mins – Dubai Hills Mall

For sale:

➤ 1 bedroom – from 83m²
Prices: from $380,000

➤ 2 bedrooms – from 124m²
Prices: from $532,000

➤ 3 bedrooms – from 222m²
Prices: from $1,102,000

▪️Kitchen appliances by Siemens. Service charges: $53 per m² per year

Benefits:

✓ Kids' Pool and Play Area
✓ Gym
✓ Yoga Studio
✓ Basketball Court
✓ Gaming Room and Social Zone
✓ Coworking Space

Payment Schedule:

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

🔑Completion – Q3 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

25 Jul 2023 16:57

✈️ Etihad Airways has ranked among the most punctual airlines in the Middle East for H1 2023.

According to the global aviation analytics group (OAG) Punctuality League ratings, Etihad Airways' on-time arrival performance rating is 83.4%. The carrier maintains one of the lowest cancellation rates worldwide.

#news_uae

——

Dubai International (DXB) retained the title of one of the busiest airports worldwide in July 2023, according to OAG.

For international flights:

🥇place – Dubai (DXB)
🥈place – London (LHR)

TOP 3 globally:

➊ Atlanta (ATL) – 5.5 million seats
➋ Dubai (DXB) – 4.9 million seats
➌ Tokyo (HND) – 4.6 million seats

——

Dubai's Department of Economy and Tourism (DET) has announced the launch of the initiative "Dubai Sustainable Tourism Stamp".

To obtain the stamp, hotels must meet the DET's 19 Sustainability requirements: energy and water efficiency, staff education initiatives, etc.

#life_dubai

Sources: Trade Arabia, Khaleej Times, Media Office Government of Dubai

Real estate | Dubai | AX CAPITAL

24 Jul 2023 11:01

The UAE's construction industry announced a 135% year-over-year increase in projects.

According to BNC's report, a construction digital network, these were registered:

➤ In Q2 2023, $13.4 billion in project announcements
➤ In Q2 2022, $5.7 billion in project announcements

——

The UAE has the fastest mobile internet speed in the world

➤ According to the Speedtest Global Index by the web service, Ookla.

The country has retained🥇spot in five of six months of 2023. A download speed for the month of June was 200.24Mbps and an upload speed – 22.72Mbps.

TOP 3 for the fixed broadband speed:

➊ Singapore
➋ UAE
➌ Chile

#news_uae

——

Dubai Municipality has issued the first license to build a private villa using 3D printing technology.

The 4-m-high structure will be printed in a single session, the construction is expected to be completed by October 2023.

This is in line with Dubai 3D Printing Strategy 2030.

#life_dubai

Sources: Gulf News, Arabian Business, Trade Arabia

Real estate | Dubai | AX CAPITAL

22 Jul 2023 15:15

Rent | Apartment | $92,000 per year

📍Dubai Marina

130m², 2 Bedrooms, 3 Bathrooms

Аpartment in the 57-storey tower, Vida Residences Dubai Marina, developed by Emaar. Panoramic windows offer a view of the Marina.

🏖 10 mins – JBR Beach and Dubai Marina Mall

✓ Unfurnished
✓ Spacious Balcony
✓ Built-In Wardrobes
✓ Fully Equipped Kitchen
✓ Covered Parking Space
✓ Central A/C

In the residence:

➤ Infinity Pool and Kids' Pool
➤ Fitness Centre
➤ Steam Room and Sauna
➤ Restaurants and Shops
➤ Concierge and Security 24/7

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

Agent: +971521395391

#longterm_rent

Real estate | Dubai | AX CAPITAL

21 Jul 2023 12:05

H1 2023 Real Estate Market Results ➤ Sharjah

According to the Real Estate Registration Department, the following were registered:

➤ 40,843 real estate transactions of $3.6 billion, an increase by 19.2% compared to H1 2022

➤ 4,187 sales transactions worth $1.6 billion. 3,794 amounting to $1.5 billion – in the city of Sharjah

Investors from 88 countries engaged in deals. TOP 5 by the number of purchased properties:

➊ UAE (10,877)
➋ Syria (633)
➌ India (473)
➍ Saudi Arabia (302)
➎ Jordan (282)

#news_uae

——

Leading ratings agencies, Fitch, Moody's and S&P Global have upgraded the credit ratings of Emaar.

➤ Fitch and S&P Global – from BBB- to BBB
➤ Moody's – from Baa3 to Baa2

It shows the confidence in the financial prospects of the developer.

——

Azizi Developments has sold 70% of units in its residential complex in Dubai.

📍Al Furjan

Launched in February 2023, PEARL features 260 units: 192 studios, 54 one- and 14 two-bedroom apartments.

#developers_news

Sources: Property News, Trade Arabia, Zawya

Real estate | Dubai | AX CAPITAL

07 Aug 2023 11:03

Dubai has welcomed a record number of travellers in H1 2023

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

Compared to H1 2019:

▫️Number of International Visitors ↑ by 2.3% – 8.55 Million
▫️Average Hotel Occupancy ↑ by 2.2% – 78%
▫️Average Length of Stay ↑ by 12% – 3.9 Nights
▫️Revenue per Available Room ↑ by 24% – $113

#life_dubai

——

Emirates Airlines took🥇place globally by capacity to generate revenue per flight.

➤ According to a travel database, OAG.

The ranking on the list is determined by both the total number of seats and the distance travelled (in kilometers).

🥈place – Qatar Airways
🥉place – Singapore Airlines

#news_uae

——

✈️ Abu Dhabi International Airport's passenger traffic has increased by 67% in H1 2023

➤ Compared to H1 2022.

According to the state-owned operator, Abu Dhabi Airports, the number of flights ↑ by 36%.

TOP 3 passenger traffic destinations:

➊ Mumbai, India
➋ London, UK
➌ Delhi, India

#news_abu_dhabi

Sources: Gulf News, The National News

Real estate | Dubai | AX CAPITAL

05 Aug 2023 11:04

Rent | Apartment | $39,000 per year

📍Dubai Hills Estate

89m², 2 bedrooms, 1 bathroom

A bright apartment is available in the residential complex, Collective, located opposite Dubai Hills Mall. The apartment features a spacious terrace that offers courtyard views.

⛳️ 5 mins – Dubai Hills Park and 18-hole Championship Course

✓ Furnished
✓ Built-In Wardrobes
✓ Open Kitchen
✓ Panoramic Windows
✓ Glass Partitions

In the residence:

➤ Swimming Pool
➤ Gym
➤ Tennis Court
➤ Library and Lounge
➤ Kids' Play Area
➤ Concierge and Security 24/7

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

Agent: +971521929624

#longterm_rent

Real estate | Dubai | AX CAPITAL

04 Aug 2023 11:03

Can a property be sold after receiving a UAE Residence Visa?

❗️Now, it's possible!

If the basis for obtaining the Resident's Visa was the property purchase in Dubai, then by reselling the unit, the investor used to lose the visa.

The property was blocked in a Dubai Land Department (DLD) system for the whole period of the visa validity.

The only way to sell the apartment or villa was to cancel the visa and only then continue the selling process.

Now an investor can:

➊ Buy the real estate of the same value, which is required to obtain the visa. The update applies to two visa types:

✓ 2-Year Investor Visa
Total investment: $204,000

✓ 10-Year Golden Visa
Total investment: $545,000

➋ Replace an old Title Deed with a new one. It must be under the name of the same owner (visa holder).

➌ Sell the first property and maintain the visa.

Real estate | Dubai | AX CAPITAL

03 Aug 2023 12:46

❕❕❕❕❕ Townhouses in Verona

📍Damac Hills 2

A stunning collection of townhouses nestled within a lush, gated community abundant with greenery. Developer – Damac Properties.

The community offers over 40 amenities for every taste in walking distance: from wave surfing pool to paintball park.

For sale:

➤ 4 bedrooms – from 218m²
Plot area – from 112m²

Prices: from $498,000

▪️All townhouses have private gardens, patios and covered parking

Benefits:

🏖 The 2,000m² Malibu Beach and the 390m lazy river

✓ Fishing Lake
✓ Outdoor Cinema
✓ Sports Grounds
✓ Zen Garden and Yoga
✓ Kids' Play Areas
✓ Restaurants and Supermarket

Payment plan:

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

🔑 Completion – Q2 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

01 Aug 2023 17:26

❕❕❕❕❕ Apartments in Samana California

📍Al Furjan

This project is a 12-storey sustainable and eco-friendly residential complex inspired by the luxury lifestyle of the state of California.

The complex offers a host of amenities for residents' comfort, ranging from a cinema and BBQ area on the podium to sports grounds and an outdoor gym at the rooftop.

For sale:

➤ Apartments
Studios – from 38m²
1 Bedroom – from 77m²
2 Bedrooms – from 121m²

➤ Duplexes
2 Bedrooms – from 141m²

Prices: from $204,000

❗️All apartments have private pools

Benefits:

✓ Pools for Adults and Kids
✓ Waterfall
✓ Relaxation Deck with Sun Lounges
✓ Health Club
✓ Sauna and Steam Room
✓ Kids' Play Area and Splash Pad

Two 8 Years Payment Plans:

Option 1:

20% – Down Payment
1% – During 30 Months
0.5% – During 60 Months
20% – Post Handover

Option 2:

25% – Down Payment
1% – During 30 Months
0.5% – During 50 Months
20% – Post Handover

🔑 Handover – Q4 2025

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

31 Jul 2023 16:01

🏆 Dubai luxury property market to maintain the world's fastest growth rate in H2 2023

➤ According to the research company, Core.

Prime property sales prices are expected to ↑ by 5%–10% in H2 2023. It will drive the capital values of the mid and affordable units.

The recently launched prime properties include:

✓ Bugatti Residences by Binghatti
✓ Como Residences
✓ Six Senses Residences the Palm

TOP 3 cities for capital value gains:

In H1 2023

➊ Dubai
➋ Mumbai
➌ Cape Town

Forecast in H2 2023

➊ Dubai
➋ Singapore
➌ Bangkok

——

9 real estate projects worth $1.1 billion were completed in Dubai in H1 2023.

According to Dubai's Land Department (DLD), 392 real estate projects are currently developed.

#real_estate_dubai

——

A developer, Union Properties, announced a net profit of $4.8 million for H1 2023

➤ Compared to a net loss of $3.3 million in H2 2022.

The net profit for Q2 2023 rose to $1.47 million.

#developers_news

Sources: Khaleej Times, The National News

Real estate | Dubai | AX CAPITAL

29 Jul 2023 16:20

WHO BUYS HOMES IN DUBAI

Whether a family that relocated to live in the UAE, an investor looking for high rental returns or another looking for a profitable resale – Dubai is the destination that has something for everyone.

Let's embark on the journey to understand the different property-buyer personas with Mario Volpi, Sales & Leasing Director at AX CAPITAL.

Real estate | Dubai | AX CAPITAL

28 Jul 2023 17:00

Dubai Real Estate Market ➤ H1 2023 Results

According to Dubai Land Department (DLD), from January to June 2023, 61,011 property sales transactions worth $49 billion were registered in Dubai:

Existing Properties ➤ 30,393 sales transactions of $29.6 billion

Off-plan Properties ➤ 30,618 sales transactions of $19.2 billion

🔺Compared to H1 2022, the total sales transactions increased by 42% in volume and by 58% in value:
⠀
➤ The number of ready transactions increased by 19.8%, the value – by 36,6%
⠀
➤ The number of off-plan transactions increased by 74.1%, the value – by 104.6%
⠀
TOP Sales Areas:
⠀
Apartments

➊ Jumeirah Village Circle
➋ Dubai Creek Harbour
➌ Business Bay
➍ Dubai Marina

Villas and Townhouses
⠀
➊ Wadi Al Safa 5
➋ Al Yelayiss 2
➌ Al Yufrah 1
➍ The Field
⠀
Source: Dubai Land Department

#real_estate_dubai

Real estate | Dubai | AX CAPITAL

27 Jul 2023 16:10

❕❕❕❕❕ Apartments in The Skycrest Collection

📍Dubai Marina

A collection of luxury and ultra-luxury apartments with interiors by the iconic Cavalli fashion house. They are situated on the upper floors across two residential complexes, Damac Bay and Damac Bay 2 by Cavalli, from the developer, Damac Properties.

All apartments have balconies and panoramic windows overlooking the sea, Palm Jumeirah and Dubai Marina.

For sale:

➤ 1 bedroom – from 66m²
Prices: from $898,000

➤ 2 bedrooms – from 119m²
Prices: from $1,549,000

➤ 3 bedrooms – from 187m²
Prices: from $2,426,000

Full Floor (8 Units) – 2% Discount

• Some apartments have private pools

Benefits:

🏖 Direct beach access for residents

✓ Infinity Pools
✓ Gym
✓ Virtual Reality Rooms
✓ Restaurants and Shops
✓ Relaxation Areas and Lounges

Payment plan:

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

Receipts for EOI request ➤ from $48,000

🔑 Completion – Q3 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

26 Jul 2023 16:00

Sale | Villa | $5,445,000

📍The Lakes

739m², 5 bedrooms, 6 bathrooms

A luxurious 2-storey villa with a balcony in the gated community, Hattan 2. Spacious courtyard with a garden, pool and BBQ area.

⛳️ 10 mins – Emirates Golf Club

✓ Unfurnished
✓ Built-In Wardrobes
✓ Miele Kitchen Appliances
✓ Laundry Room
✓ Maid's and Driver's Rooms
✓ Central A/C

▪️Upgraded, Smart Home System

In the community:

➤ Parks with Lakes
➤ Football Pitch and Basketball Courts
➤ Supermarkets
➤ Restaurants and Cafes
➤ Kids' Play Area
➤ Security 24/7

❗️The villa is vacant and ready to move in.

Agent: +971543057780

#secondary_market

Real estate | Dubai | AX CAPITAL

25 Jul 2023 19:00

❕❕❕❕❕ Residences in Rixos Dubai Islands Hotel & Residences

📍Dubai Islands (Deira Island)

The luxury resort from the developer, Nakheel, and the hotel chain, Rixos, on the new man-made island.

Seamless indoor-outdoor
connectivity strikes a balance between stylish interiors and scenic sea views.

For sale:

➤ Apartments
1 bedroom – from 93m²
2 bedrooms – from 139m²
3 bedrooms – from 187m²
Prices: from $708,000

➤ Duplexes with private pools
4 bedroom – from 1,028m²
Prices: from $4,694,000

➤ 2-storey Beach Houses with gardens
2 bedrooms – from 373m²
3 bedrooms – 628m²
Prices: from $2,532,000

➤ Villas with pools
4 Bedrooms – 590m²
Prices: from $8,440,000

▪️All recidences have spacious balconies and terraces with panoramic views, fully-equipped kitchen with high-class appliences and walk-in closets.

Benefits:

⭐️ VVIP status in the exclusive Accor Owner Benefits Program from the largest Europian hospitality company

✓ Direct Access to a 700m Beach
✓ Infinity Pool and Kids' Pool
✓ Fitness Centre
✓ Residents' Lounge
✓ Cafes and Restaurants
✓ Kids' Play Area
✓ Concierge and Valet Services

Payment Schedule:

20% – Booking
60% – During Construction
20% – On Handover

🔑 Handover – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

24 Jul 2023 16:07

The project Binghatti Canal in Dubai was completed within less than a year since launch.

📍Business Bay

The developer, Binghatti, announced the start of sales on June 22, 2022, with the handover scheduled at the end of 2023.

The $136 million project comprises 22 residential floors and features 293 luxurious residential units: studios, 1 and 2-bedroom apartments.

The developer has recently announced the start of sales at the world's first residential tower from the luxury car manufacturer, Bugatti ➤ View project

——

The developer, Arada, has announced the launch of the final phase of its community, Masaar, in Sharjah.

📍Al Suyoh Suburb

Saro, the seventh phase of the community will consist of 597 residences:

➤ 2, 3, and 4-Bedroom Townhouses
➤ Luxurious 4, 5 and 6-Bedroom Villas

Every Saro property comes with smart features, villas offer spacious terraces and swimming pools.

Completion – Q2 2026

In H1 2023, 813 villas and townhouses worth $637 million were sold in Masaar

#developers_news

Sources: Arabian Business, Property News

Real estate | Dubai | AX CAPITAL

22 Jul 2023 18:52

Hotel operator, Millenium Hotels and Resorts has announced the signing of an agreement with the developer, GJ Properties

➤ To manage The Biltmore Sufouh Residences in Dubai.

Millenium Hotels and Resorts operates 150+ hotels across 80 locations worldwide, including metropolitan areas such as London, New York, Paris, Singapore, and more.

The Biltmore Sufouh Residences is GJ Properties' first branded residence in Dubai.

The history of Biltmore brand began in 1923 in the United States. The legendary Biltmore Los Angeles has become a favorite haunt of presidents, statesmen and world stars.

❗️You can purchase apartments in The Biltmore Sufouh Residences exclusively through the AX CAPITAL agency.

#ax_news
#real_estate_dubai

Source: Zawya

Real estate | Dubai | AX CAPITAL

21 Jul 2023 16:27

🏆Azizi Developments to build the second-tallest tower in the world.

The name, specific height, and unit mix of the new tower hasn't been revealed yet.

Earlier the developer has announced it will be the second-tallest tower in Dubai. To become the second in the world, it should be over 680m high.

World's tallest towers:

➊ Burj Khalifa, UAE – 828m
➋ Merdeka 118, Malaysia – 679m
➌ Shanghai Tower, China – 632m

——

Burj Khalifa has secured the 6th spot among buildings with the most beautiful views in the world.

According to a study by Buildworld, the supplier of building materials.

TOP 3 is:

➊ Eiffel Tower, France
➋ Empire State Building, USA
➌ Halaszbastya, Hungary

Burj Khalifa was also named the structure with the best views in Asia and the Middle East.

#real_estate_dubai

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A Swiss developer, DHG Properties, has announced its first project in the UAE.

📍Dubai, JVC

The start of sales of Helvetia Residences is planned in September 2023.

#developers_news

Sources: Khaleej Times, Arabian Business

Real estate | Dubai | AX CAPITAL

20 Jul 2023 16:13

The highest Return on Investment (ROI) in Abu Dhabi has been recorded in Al Reef.

According to the property portal, Bayut, Abu Dhabi Sales Report H1 2023, sales price per m²:

➤ Average ↓ by up to 5%
➤ For affordable villas ↑ by up to 3.4%
➤ For luxury villas ↓ by 1%
➤ For luxury apartments ↑ by up to 4.4%

The most popular areas among High-Net-Worth Individuals (HNWI):

➊ Al Reem Island
➋ Al Raha Beach
➌ Saadiyat Island

Areas with the highest ROI:

Apartments:

➊ Al Reef – 8.04%
➋ Masdar City – 7.47%
➌ Al Ghadeer – 6.72%

Villas:

➊ Al Raha Gardens – 6.19%
➋ Al Reef – 6.05%
➌ Al Ghadeer – 5.63%

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Abu Dhabi real estate sector attracted $227 million in foreign direct investment (FDI) in H1 2023

According to the Department of Municipalities and Transport (DMT), the growth is 363% compared to H1 2022.

Locations with the highest shares of FDI: Saadiyat Island (34%), Yas Island (28%), Al Jurf (12%).

#real_estate_abu_dhabi

Sources: Bayut, Gulf Business