Real estate | Dubai | AX CAPITAL

10 Sep 2023 11:00

🏆 The Hatta marker has broken the Guinness World Record for the tallest landmark sign.

📍Hatta, Dubai

The sign is located at the height of 450m in the Hajar Mountains near the Oman border, and measures 19.28m tall. It is taller than the famed Hollywood sign in the USA on 5.6m.

The Hatta sign welcomes visitors to the tourist area, which include:

➤ Adventure Centre, Hatta Wadi Hub
➤ Hatta Green Lake
➤ Hatta Heritage Village
➤ Hatta Dam
➤ Glamping
➤ Mountain Biking and Hiking Tracks, and many more

The development plans for Hatta was unveiled in 2021. Designed as a year-round tourist destination, they feature:

✓ Beach
✓ Artificial Lake
✓ Waterfall
✓ Cable Railway
✓ Hotels
✓ 120km bicycle paths

This is part of the Dubai 2040 Urban Master Plan

Sources: The National News, Time Out Dubai

Real estate | Dubai | AX CAPITAL

08 Sep 2023 16:46

The developer, Omniyat, has revealed the latest update of the construction of its waterfront tower, AVA.

📍Palm Jumeirah

Using a steel structure in lieu of a concrete structure will enable:

➤ Thinner columns and beams, enabling the "sloping" tower forms of the graceful design

➤ Floor to ceiling sliding doors to the terrace

The tower will include one of the most expensive penthouses in Dubai, 4-level Sky Palace, earlier sold for $60 million.

#developers_news

——

Majority of tenants were interested in apartments in August 2023.

According to the digital portal, Property Finder, tenants looking for:

➤ Apartments – 81%

Furnished – 63.9%
Unfurnished – 34.5%

➤ Villas and Townhouses – 19%

Furnished – 45%
Unfurnished – 54%

Byers were looking for:

Apartment – 59%
Villas and Houses – 41%

TOP 3 searched areas:

Apartments

➊ Dubai Marina
➋ Downtown Dubai
➌ Jumeirah Village Circle

Villas and Townhouses

➊ Dubai Hills Estate
➋ Palm Jumeirah
➌ Arabian Ranches

#real_estate_dubai

Sources: Trade Arabia, Zawya

Real estate | Dubai | AX CAPITAL

07 Sep 2023 16:01

🏆 August 2023 Results – Real Estate Market Records

According to the Dubai Land Department data:

➤ In August 2023, 11,977 property transactions worth $9.22 billion were completed in Dubai.

❗️This is the highest figures for the month of August since 2011, according to the digital portal, Property Finder.

Property deals show 23% volume ↑ and 40% value ↑ compared to August 2022.

5,010 transactions worth $4.59 billion ➤ Existing Properties

6,967 transactions worth $4.63 billion ➤ Off-plan Properties

Compared to August 2022:

➤ Existing volume ↓ by 5%, the value ↑ by 7%

➤ Off-plan volume ↑ by 59%, the value ↑ by 102%

TOP Projects by Sales Value:

Apartments

➊ Bayview
➋ Sobha Hartland, Crest Grande
➌ Sobha SeaHaven Tower A
➍ Canal Heights

Villas

➊ The Valley, Rivana
➋ South Bay 2
➌ Arabian Ranches lll, May
➍ Mudon Al Ranim 6

1st Place by Sales Volume:

Apartments – Kyoto by Oro24
Villas – The Valley, Rivana

Sources: Dubai Land Department, Zawya

#real_estate_dubai
#records_dubai

Real estate | Dubai | AX CAPITAL

06 Sep 2023 23:32

❕❕❕❕❕ Waterfront Apartments in Eywa

📍Business Bay

Unique 23-storey tower situated on the banks of Dubai Water Canal, balconies offer Dubai Downtown and Burj Khalifa views.

Residences have private waterfalls, pools, and terraces. 2–4 parking spaces and EV charging stations.

For sale:

➤ Apartments

2 bedrooms – from 274m²
3 bedrooms – from 444m²
4 bedrooms – from 572m²
5 bedrooms – from 820m²

➤ Penthouses
5-bedroom penthouses – On Request

Prices: from $2,720,000
Service Charge: ~$88 per m² (per year)

▪️Natural stone floors in living areas and European kitchen appliances in all apartments

Benefits:

✓ Infinity-Pool and Kids' Pool
✓ SPA with Sauna and Hammam
✓ Library
✓ Club House and Restaurant
✓ Fitness Centre and Yoga Studio
✓ Kids' Playground and Club

Payment plan:

10% – On Booking
50% – During Construction
40% – On Completion

🔑 Completion – Q2 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

06 Sep 2023 11:11

Sale | Apartment | $4,360,000

📍Umm Suqeim

265m², 4 bedrooms, 6 bathrooms

Brand new apartment in an Arabic style residential complex, Lamtara 3, situated in the community, Madinat Jumeirah Living.

Located on the upper floor, it offers exceptional Burj Al Arab views from the terrace.

✓ Furnished
✓ Balcony
✓ Maid's Room
✓ Open Kitchen
✓ Built-In Wardrobes
✓ 2 Covered Parking Spaces

For owners:

➤ Pools
➤ Gym
➤ Retail Stores
➤ Jogging and Bicycle Tracks
➤ Kids' Play Area
➤ Concierge and Security 24/7

❗️The apartment will be vacant on transfer.

Agent: +971521395573

#secondary_market

Real estate | Dubai | AX CAPITAL

05 Sep 2023 11:00

The developer, Damac Group, has announced the opening of the Damac Mall in Dubai.

📍Damac Hills

An over 10,000m² space integrates 30 retail stores, 10 F&B outlets, leisure, and entertainment offers. It features major international and local brands:

✓ Papa John's
✓ Spinneys Supermarket
✓ Starbucks
✓ Lingo Play Area etc.

#life_dubai

——

Abu Dhabi International Airport's new Terminal A will start operating in November 2023.

It is one of the largest airport terminals in the world with an area of 724,000m². The terminal will serve up to:

✓ 45 million passengers per year
✓ 11,000 travellers per hour
✓ 79 aircrafts any time

——

Abu Dhabi's government holding company, ADNEC Group, has launched charter flight services

➤ Through its tourism arm, Tourism 365.

The services complement commercial flights, and are available from Europe and Central Asia: Azerbaijan, Belarus, Kazakhstan etc.

#news_abu_dhabi

Sources: Arabian Business, The National News, WAM

Real estate | Dubai | AX CAPITAL

04 Sep 2023 11:04

The first W Hotel will be opened in Ras Al Khaimah in 2027.

📍Al Marjan Island

The beachfront hotel, enclosed by the Yanas and Jebel Jais mountains, is owned by the global hotel chain, Marriott International. It will feature 300 rooms and suites, all offering sea views, restaurants, retail space, and signature amenities:

✓ Living Room
✓ Wet Deck
✓ W Lounge
✓ Away SPA
✓ Fit Fitness Centre

This will be the brand's fourth property in the UAE, following W Dubai The Palm, W Dubai – Mina Seyahi and W Abu Dhabi – Yas Island.

Al Marjan Island is an archipelago of four man-made islands with white-sand beaches and luxury resorts.

W Hotel Al Marjan Island will be developed by Dalands Holdings, an investment company with hospitality and luxury real estate projects.

Sources: The National News, Gulf News

#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

02 Sep 2023 16:11

🔥 Start of Pre-Registration – Apartments in Rove Home Downtown

📍Downtown Dubai

Fully furnished apartments by the hotel chain, Rove, in its first-ever residential project in Dubai.

The doors disappearing into the walls and 3-m-heigh ceilings extend the living space. Folding glass balcony doors provide spectacular panoramic views of the Dubai Skyline.

For sale:

➤ Studios – from 38m²
Prices: from $306,000

➤ 1 bedroom – from 56m²
Prices: from $477,000

➤ 2 bedrooms – from 112m²
Prices: from $893,000

Benefits:

⛲ Within walking distance – The Dubai Fountain, Burj Khalifa, and Dubai Mall

✓ Swimming Pool
✓ Gym
✓ Paddle Tennis Court
✓ Running Track
✓ Co-Working Spaces
✓ Art Installations

Payment Plan:

50% – During Construction
50% – On Handover

🔑 Handover – Q2 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

01 Sep 2023 16:00

🔥 Start of Pre-Registration – Apartments in Greenside Residence

📍Dubai Hills Estate

Apartments in a mid-rise residential complex from the developer, Emaar. Balconies offer picturesque views of green landscaped territory, and Dubai Hills Golf Club, which is within walking distance.

10 mins – Dubai Hills Park

For sale:

➤ 1 bedroom
Prices: from $397,000

➤ 2 bedrooms
Prices: from $589,000

➤ 3 bedrooms
Prices: from $904,000

❗️Receipts for EOI request ➤ 10%

Benefits:

✓ Swimming Pool
✓ Gym
✓ Relaxation and Yoga Zones
✓ Landscaped Gardens
✓ Cafes and Shops
✓ Kids' Play Area

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

31 Aug 2023 16:12

Dubai Creek Tower is in redesign phase; construction to start in 2024

➤ This was revealed by the founder of the development company, Emaar.

📍Dubai Creek Harbour

The project was originally announced in 2016 as a supported observation tower which will have a minimum height of 1,300m, and be taller than the skyscraper, Burj Khalifa.

It is being redesigned by a leading international company – the winner in a competition. In the next 7-8 months, the developer aimes to create a new idea for the project.

#developers_news

——

One of the most expensive plots has been sold for a total of $57 million in Dubai.

📍Emirates Hills

According to the Dubai Land Department (DLD) the 3,900m² of land in the Emirates Living neighborhood was sold for 14,700 per m².

Emirates Hills is known for its green areas and top-notch golf club. It is one of the areas with the highest annual capital gains in Dubai.

#records_dubai

Sources: Trade Arabia, Gulf News

Real estate | Dubai | AX CAPITAL

30 Aug 2023 16:03

❕❕❕❕❕ Hotel Apartments in Dolce Vita Suites by Vincitore

📍Arjan

Furnished apartments in the Baroque style hotel complex from the developer, Vincitore Realty. All suites have balconies, sundecks, and premium European kitchen appliances.

There is a lagoon-style swimming pool with island, jacuzzi, and bar on the open part of the podium, and over 800m² golf course among 25 amenities.

❗️Guaranteed 8% ROI for 8 years

For sale:

➤ Executive Suites

1 bedroom – from 39m²
Prices: from $287,000

➤ Premium Club Suites with private pools and guest powder rooms

2 bedrooms – from 78m²
Prices: from $476,000

Benefits:

✓ Wave Pool
✓ Wellness Club and SPA
✓ Fountains and Gardens
✓ Business Lounge
✓ Yoga Deck
✓ Restaurants and Shops

▪️High-Class Service: Concierge, Housekeeping, Valet and In-Door Dining

Payment Plan:

25% – Down Payment
65% – During Construction
10% – On Handover

🔑Handover – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

29 Aug 2023 16:05

A developer, Sobha Realty reported H1 2023 sales worth $2 billion.

In comparison with H1 2022:

Sales ↑ by 129%
Revenues ↑ by 20%
EBITDA ↑ by 19%

In July, Sobha Realty announced the start of pre-registration for Sobha SeaHaven Tower B and 320 Riverside Crescent

In August, AX CAPITAL receive an award at the Sobha Realty Awards for Outstanding Perfomances in Q1 and H1 2023.

——

A leading developer, MAG Group, has awarded a contract worth $10.6 million to a construction company, Plus Seven, to complete its luxury townhouse community in Dubai.

📍Meydan

The $30 million development, MAG 22, features 22 furnished townhouses with 2 and 3 bedrooms.

Benefits:

✓ Shaded Rooftop Terraces
✓ Indoor Courtyards with Olive Trees

❗️80% of the units are already sold out

#developers_news

Sources: Arabian Business, Trade Arabia

Real estate | Dubai | AX CAPITAL

28 Aug 2023 16:55

Residential values across Dubai continue to rise for the 10th consecutive quarter

➤ According to the consultancy, Knight Frank.

In comparison with:

Q1 2023

Average prices ↑ by 4.8%
Villa prices ↑ by 4.8%
Villa prices in Palm Jumeirah ↑ by 9%

Q2 2022

Average prices ↑ by 17%
Villa prices ↑ by 15%
Villa prices in Palm Jumeirah ↑ by 44%

Q1 2020

Average prices ↑ by 24%
Villa prices ↑ by 51%
Villa prices in Palm Jumeirah ↑ by 146%

Prices Peak of 2014

Average prices ↓ by 11.1%
Villa prices ↑ by 4.8%

12,000 units were launched in Q2 2023, 83% of which were apartments. Main areas:

➊ Al Barsha South and Business Bay (14%)
➋ Palm Jumeirah (11%)
➌ Dubai Harbour (10%)

——

Dubai maintained the🥇place among the global cities with the biggest annual luxury property price rise in Q2 2023.

According to Knight Frank, TOP 5 is:

➊ Dubai +48.8%
➋ Tokyo +26.2%
➌ Manila +19.9%
➍ Miami +7.5%
➎ Shanghai +6.7%

Sources: Knight Frank, The National News

#real_estate_dubai

Real estate | Dubai | AX CAPITAL

26 Aug 2023 12:52

Rent | Apartment | $26,000 per year

📍MBR City

48m², 1 bedroom, 1 bathroom

A stylish bright apartment located in a 35-storey waterfront residential tower, Sobha Hartland Waves. The balcony offers splendid panoramic Dubai Skyline views.

🏖 There is a plan in place to create a crystal lagoon in the community.

✓ Furnished
✓ Built-In Wardrobes
✓ Panoramic Windows
✓ 1 Covered Parking Space
✓ Central A/C
✓ Pets Allowed

▫️Chiller – Free

In the residence:

➤ Infinity Pool
➤ Gym and Yoga
➤ Sauna and Steam Room
➤ BBQ Area
➤ Shops and Cafes
➤ Kids' Play Area

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

Agent: +971582408576

#longterm_rent

Real estate | Dubai | AX CAPITAL

25 Aug 2023 13:31

❕❕❕❕❕ Villas in Casa Serene

📍MBR City, Sobha Hartland

A unique collection of 4 ultra-luxury 3-storey villas located in the gated community with a crystal lagoon. There are private pools with sunken seatings, BBQ areas at the rooftop terraces, and landscaped courtyards.

🦩10 mins – Ras Al Khor and Meydan Race Course

For sale:

➤ Villa 171

5 bedrooms – 620m²
Plot area – 559m²

Price: $4,900,000

➤ Villa 181 with an atrium

6 bedrooms – 746m²
Plot area – 822m²

Price: $6,806,000

➤ Villa 182 with an atrium

5 bedrooms – 746m²
Plot area – 819m²

Price: $6,806,000

➤ Villa WS09 on the shores of the crystal lagoon with a gym and a cinema

6+2 bedrooms – 2,231m²
Plot area – 1,394m²

Price: $18,000,000

▪️Marble floors in living rooms and kitchens, natural wood floors in bedrooms. Miele and Gaggenau kitchen appliances.

Benefits:

✓ Beach for Residents
✓ Club House
✓ Parks and Green Spaces
✓ SPA and Yoga
✓ Restaurants and Shops

Payment plan:

10% – On Booking
10% – 15 Days After Booking
30% – During Construction
50% – On Handover

🔑 Handover – Q3 2024

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

09 Sep 2023 16:03

Rent | Apartment | $38,000 per year

📍Wasl1

87m², 1 bedroom, 2 bathrooms

Brand new apartment with a panoramic sea view in the residential complex of two towers, 1 Residences.

🌴 Within walking distance – Large Zabeel Park with lake and Dubai Frame

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

In the residence:

➤ Infinity Pool
➤ Gym
➤ 340m Jogging Track
➤ BBQ Area
➤ Shops and Restaurants
➤ Kids' Play Areas

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

Agent: +971582408576

#longterm_rent

Real estate | Dubai | AX CAPITAL

08 Sep 2023 11:16

🔥 Start of Pre-Registration. Apartments in Elara

📍Madinat Jumeirah Living

✓ Unique Freehold Community Overlooking Burj Al Arab
✓ Low-Rise Buildings
✓ One of the Leading Developers in Dubai, Meraas
✓ Fast Selling Project

Residential complex of 3 buildings set around a large recreation area with outdoor pools, and landscaped gardens.There are walk-in closets, maid's rooms, laundries, spacious balconies and terraces in the apartments.

For sale:

➤ Apartments

1 bedroom – from 66m²
2 bedrooms – from 131m²
3 bedrooms – from 179m²

➤ Penthouses

4 bedrooms – from 341m²

Prices: from $626,000

Benefits:

▫️360° Views Gym
▫️Sky Gardens and Roof Terraces
▫️Nursery
▫️Retail Stores
▫️Kids' Play Area

Payment Plan:

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

🔑 Handover – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

07 Sep 2023 12:03

❕❕❕❕❕ Apartments in Concept 7 Residences

📍Jumeirah Village Circle

✓ Prices from $187,000
✓ Fully Furnished
✓ Handover – Q4 2024
✓ 100% Registration Fee Waiver or
✓ 2 Year Post-Handover Plan

A mid-rise residential complex nestled within walking distance to the Circle Mall, parks, and kids' play areas. All apartments have contemporary designed interiors, premium fittings and fixtures.

For sale:

➤ Studios – from 36m²
➤ 1 bedroom – from 57m²
➤ 2 bedrooms – from 94m²

Benefits:

▫️Adult and Kids' Pool
▫️Wellness Centre
▫️Fitness Club
▫️Pet Play Area
▫️Co-Working Spaces
▫️Covered Parking

2 Payment Plans:

Reservation Fee: $6,800
20% – Down Payment

Option 1

50% – During Construction
30% – On Handover

100% Registration Fee Waiver (For Option 1)

Option 2

40% – During Construction
10% – On Handover
30% – Within 24 Months Post Handover

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

06 Sep 2023 17:12

❕❕❕❕❕ Waterfront Apartments in Eywa

📍Business Bay

Unique 23-storey tower situated on the banks of Dubai Water Canal, balconies offer Dubai Downtown and Burj Khalifa views.

Residences have private waterfalls, pools, and terraces. 2–4 parking spaces and EV charging stations.

For sale:

➤ Apartments

2 bedrooms – from 274m²
3 bedrooms – from 444m²
4 bedrooms – from 572m²
5 bedrooms – from 820m²

➤ Penthouses
5-bedroom penthouses – On Request

Prices: from $2,720,000
Service Charge: ~$88 per m² (per year)

▪️Natural stone floors in living areas, European kitchen appliances and sanitary ware in all apartments

Benefits:

✓ Infinity-Pool and Kids' Pool
✓ SPA with Sauna and Hammam
✓ Library
✓ Club House and Restaurant
✓ Fitness Centre and Yoga Studio
✓ Kids' Playground and Club

Payment plan:

10% – On Booking
50% – During Construction
40% – On Completion

🔑 Completion – Q2 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

05 Sep 2023 16:01

Roya Lifestyle Developments has announced that 80% of the units at its SLS Residences The Palm are sold out.

📍West Crescent of Palm Jumeirah

The luxurious waterfront project featuring a collection of 113 apartments, duplexes, and penthouses, was launched in August 2023

The 1st of its 5 penthouses was sold for $16.3 million. It is a 4-bedroom unit with an area of 150m², which features:

✓ Pool and Relaxation Area
✓ Private Garden
✓ Terrace Dining Area

Source: Trade Arabia

#real_estate_dubai

——

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

04 Sep 2023 16:19

The developer, Q Properties, has awarded a $476 million contract to a construction company, Trojan General Contracting

➤ For the construction of the Reem Hills Phase 1 in Abu Dhabi

📍Al Reem Island

Trojan will build 218 luxury villas with 4–7 bedrooms at the gated community.

Commencement of work on Phase 1 – September 2023, the completion – December 2024. In 2022 the Reem Hills Phase 2 was sold out before the official launch.

——

Russian citizens were the TOP buyers of properties in Dubai from Emaar in H1 2023.

According to a financial company, CI Capital, about 12% of buyers of the biggest developer in Dubai – Russians.

Their inflow is strong due to the high yields and low investment costs of the luxury segment.
In Q2 2023, according to the global commercial real estate services, CBRE, investment yields are:

Residential Properties ➤ 6.8%–7.3%
Prime Residential ➤ 6%–6.8%

#developers_news

Sources: Trade Arabia, Bloomberg

Real estate | Dubai | AX CAPITAL

03 Sep 2023 11:05

THE MOST LUCRATIVE INVESTMENT

Which is more favourable in Dubai: buying a ready property from an owner or an off-plan property from the developer?

In our new video we review pros and cons of both investment strategies. Watch now and take the stride in one of the globe's most thrilling investment hubs!

Host of the episode – Sales & Leasing Director at AX CAPITAL, Mario Volpi.

Real estate | Dubai | AX CAPITAL

02 Sep 2023 11:09

Sale | Villa | $1,470,000

📍The Springs

238m², 3 bedrooms, 3 bathrooms

Renovated 2-storey villa in a gated community, Springs 15. There is an access to a cosy landscaped garden from a sunlit living room.

The villa is surrounded by parks with lush greenery and man-made lakes.

✓ Unfurnished
✓ Balcony
✓ Open Kitchen
✓ Built-In Wardrobes
✓ Study and Maid's Room
✓ BBQ Area

In the community:

➤ Pools
➤ Community Centre
➤ Cafes and Shops
➤ Kids' Play Areas

❗️The villa is vacant, ready to move-in.

Agent: +971521948660

#secondary_market

Real estate | Dubai | AX CAPITAL

01 Sep 2023 11:39

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

🟠 News

➤ Dubai real estate market – records of July
➤ Residential capital values and average rents rose in July
➤ Abu Dhabi real estate market – H1 2023 results
➤ UAE to join BRICS
➤ Can property be sold after receiving UAE Residence Visa?

🟤 AX News

➤ AX CAPITAL at Sobha Realty Awards

🟡 Projects

Apartments:

➤ Samana Golf Views from $195,000
➤ Samana California from $204,000
➤ Dolce Vita Suites by Vincitore from $287,000
➤ Adhara Star from $309,000
➤ Azizi Riviera 65 from $351,000
➤ Coral Reef from $451,000
➤ Bayview Tower 2 by Address Resorts from $790,000

Townhouses + villas:

➤ Verona from $498,000
➤ Damac Lagoons from $814,000
➤ AlJurf Gardens Project from $1,306,000
➤ Casa Serene from $4,900,000

⚪ Video

➤ Successful off-plan property resale
➤ Who succeds in real estate
➤ Is secondary market in Dubai less developed than off-plan?
➤ The most extraordinary restaurants of Dubai

——
#month_results

Real estate | Dubai | AX CAPITAL

31 Aug 2023 12:07

❕❕❕❕❕ Villas & Townhouses in Damac Lagoons

📍Dubailand

Morocco Phase 2 is an addition to the scenic Lagoons project by Damac Properties. A collection of 2 and 3-storey townhouses and villas, whose design is inspired by Moroccan architecture.

A tranquility hub which provides health and wellness amenities: botanic and landscaped gardens, SPA, yoga studio, and outdoor library.

For sale:

➤ Townhouses
4 bedrooms – from 212m²
5 bedrooms – from 283m²

Prices: from $814,000

➤ Villas
6 bedrooms – from 1,023m²
7 bedrooms – from 1,638m²

Prices: from $4,410,000

▪️All villas are on the shores of the lagoon, and have private pools, patios, and gyms.

Benefits:

✓ Ponds and Fountains
✓ Glow-in-the-Dark Mini Golf
✓ Floating Walkways and Platforms
✓ Observation Deck
✓ Art Studios
✓ Kids' Play Area

Payment plan:

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

🔑 Completion – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

30 Aug 2023 11:01

Sale | Townhouse | $1,470,000

📍Dubai Hills Estate, 5 mins to Dubai Hills Golf Club

301m², 4 bedrooms, 4 bathrooms

A stylish 2-storey townhouse located in a gated community, Maple 3, by Emaar.

A semi-open kitchen is full of natural light. An open-plan living room with access to a landscaped courtyard.

✓ Furnished
✓ Balcony
✓ Built-In Wardrobes
✓ BBQ Area
✓ 2-Car Garage
✓ Pets Allowed

In the community:

➤ Pool
➤ Gym
➤ Parks
➤ Jogging Track
➤ Kids' Play Area

❗️Upgraded. The townhouse will be vacant on transfer.

Agent: +971522353445

#secondary_market

Real estate | Dubai | AX CAPITAL

29 Aug 2023 11:02

The UAE Ministry of Foreign Affairs (MOFA) has extended the list of countries which are granted visa-free entry to the UAE.

Citizens of 82 countries can receive a visa on arrival for either 30 days, with a 10-day grace period:

✓ China
✓ UK
✓ USA etc.

Or for 90 days:

✓ Brazil
✓ Germany
✓ Russia etc.

——

A new road connecting Dubai to Ras Al Khaimah is opened.

The Emirates Road E611 is aimed to help school buses, increase capacity, and improve the links between the urban communities.

——

The UAE Minister of State for Artificial Intelligence (AI) has signed a partnership with global payment-processing corporation, Mastercard.

The cooperation is focused on:

✓ Battling Financial Crime
✓ Securing the Digital Ecosystem
✓ Driving Inclusive Growth

Mastercard has unveiled its latest global centre for advanced AI and cyber technology in Dubai, which will hire local talent.

It goes in line with the UAE strategy to become a leading hub for AI by 2031.

#news_uae

Sources: Arabian Business, Trade Arabia

Real estate | Dubai | AX CAPITAL

28 Aug 2023 11:36

Emirates Airlines has reported that summer 2023 has become one of its busiest summers ever.

✈️ It has operated nearly 50,000 flights to and from 140 cities, carried 14+ million passengers with average seat load factors over 80% in Q3 2023.

2 million passengers travelled to Dubai, over 35% of them were families, staying an average of 2+ weeks.

Major inbound markets to Dubai included:

✓ UK
✓ India
✓ Germany
✓ Pakistan
✓ Saudi Arabia

——

Dubai International Airport (DXB) traffic in H1 2023 has increased by 49%, compared to the same period in 2022, exceeded pre-pandemic levels of 2019.

According to the DXB administration:

➤ Handled flights ↑ by 30%, compared to H1 2022, and ↑ by 13%, compared to H1 2019

➤ Average number of guests per flight reached 214 with load factor of 77%

➤ TOP 3 destination countries by passenger volume:

🥇India – 6 million
🥈Saudi Arabia – 3.1 million
🥉UK – 2.8 million

Sources: Arabian Business, The National News

#news_uae

Real estate | Dubai | AX CAPITAL

25 Aug 2023 16:33

The UAE will join the BRICS in 2024

➤ This was announced at the organization's summit in Johannesburg, South Africa.

BRICS is an acronym for a group of 5 major developing countries, each possessing substantial weight in the international community – Brazil, Russia, India, China, and South Africa.

It was founded to foster economic growth, enhance geopolitical influence, and collectively address global challenges. The cooperation covers: agriculture, healthcare, information security, science, innovation, etc.

The new membership will be effective from January 1, 2024, and includes:

✓ Argentina
✓ Egypt
✓ Ethiopia
✓ Iran
✓ Kingdom of Saudi Arabia

According to the IMF World Economic Outlook, with the new members, the share of the BRICS in world's GDP in terms of purchasing power in 2024 will grow by 4.8% – to 37.4%.

The UAE will be able to diversify its economic partnerships, and benefit from increased trade and investment opportunities within the BRICS framework.

Source: Arabian Business

#news_uae

Real estate | Dubai | AX CAPITAL

24 Aug 2023 19:05

❕❕❕❕❕ Waterfront Apartments in Bayview Tower 2 by Address Resorts

📍Emaar Beachfront

Luxury 43-storey tower on a man-made island by the developer, Emaar, overlooking the Palm Jumeirah and the Dubai Marina Skyline. First-class amenities from the hotel chain, Address Hotels + Resorts.

🏖 Direct access to the 2km sandy beach

❗️Last opportunity to purchase Address branded residences at the Emaar Beachfront

For sale:

➤ Apartments

1 bedroom – from 68m²
2 bedrooms – from 103m²
3 bedrooms – from 170m²

➤ Penthouses

5 bedrooms – 488m²
6 bedrooms – 1,090m²

Prices: from $790,000

🛋 All residences are fully furnished

Benefits:

✓ Рools
✓ Yacht Club
✓ Gym
✓ BBQ Pods
✓ EV Charging Stations

Payment plan:

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

🔑 Completion – Q3 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch