Real estate | Dubai | AX CAPITAL

16 Jan 2024 11:44

〽〽〽〽〽 Apartments in Urban Life

📍Business Bay

✓ Average Prices from $241,000
✓ 10 Mins to Burj Khalifa and Dubai Mall
✓ 3 Years Post-handover Payment Plan

The exquisite 19-storey residential building in the centre of the city comprises a podium with swimming pool, landscaped leisure areas, and gyms. Spacious apartments with panoramic views of the Dubai Skyline. Dubai Canal is in walking distance.

For Sale:

➤ Studios – from 37m²
➤ 1 Bedroom – from 74m²
➤ 2 Bedrooms – from 149m²

Benefits:

▫️Swimming Pools
▫️Open Gardens
▫️Private Cinema
▫️Game Room
▫️Business Centre and Coworking Spaces
▫️3-level Parking

Payment Plan:

10% – On Booking
10% – Upon SPA Signing
25% – During Construction
20% – On Handover
35% – Within 3 Years Post-handover

🔑 Handover – Q2 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

15 Jan 2024 10:00

Immersive media art space, Arte Museum Dubai, will open in February 2024.

📍Dubai Mall, Level 2

The museum is created by the world-class digital media design company, d’strict.

Exhibition 'Eternal Nature' reinterprets elements and spaces in nature through the fusion of various digital media technologies and visual creativity.

——

Seikh Zayed Road neighbourhood is among 28 newly renamed areas in Dubai.

The Dubai Land Department (DLD) has updated the names of areas, which have seen a significant increase in construction:

▫️Al Mina ➤ Madinat Dubai Al Melaheyah
▫️Al Quoz 2 ➤ Ghadeer Al Tair
▫️Motor City ➤ Al Hebiah First
▫️Sheikh Zayed Road ➤ Burj Khalifa
▫️Sports City ➤ Al Hebiah Fourth, etc.

#life_dubai

——

The UAE has been ranked 6th globally in the list of the most well-funded fintech hubs in 2023

➤ According to the independent industry body for UK FinTech, Innovate Finance.

The UAE fintech sector has recorded a 92% jump in 2023. To become a crypto and financial hub, the country offers business-friendly regulations to companies entering this market.

#news_uae

Sources: Arte Museum, Gulf News, Khaleej Times

Real estate | Dubai | AX CAPITAL

12 Jan 2024 15:09

❕❕❕❕❕ Apartments in Damac Lagoon Views 1

✓ On the Shores of Crystal Lagoon with Sandy Beach
✓ First Apartment Complex Within the Master Community
✓ Mediterranean-inspired Living

📍Dubailand

The first three 7-storey buildings of the residential complex by Damac Properties. The buildings are located in close proximity to a collection of townhouses, Marbella, and its amenities such as Flamenco Gardens concert stage, olive trees gardens, honey bar, beach club, or lagoon rain party zone.

For Sale:

➤ 1 Bedroom – from 63m²
Prices: from $267,000
➤ 2 Bedrooms – from 94m²
Prices: from $426,000

▪️All apartments have fully fitted kitchens with appliances, spacious balconies, laundries, and walk-in closets.

Benefits:

▫️Aquatic Party Venue
▫️Pool and Beach Bars
▫️Aqua Gym and Running Track
▫️Floating Lounges and Outdoor SPA
▫️Restaurants and Shops
▫️Kids' Paly Area

Two Payment Plans:

20% – On Booking

➊ 50% – During Construction
30% – On Completion

➋ 60% – During Construction
20% – On Completion

🔑 Completion – Q1 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

11 Jan 2024 15:03

❕❕❕❕❕ Apartments, Townhouses, and Duplexes in Quattro Del Mar

📍Hayat Island, Ras Al Khaimah

✓ Part of Exclusive Mina Al Arab Community
✓ Panoramic Sea Views
✓ 5 Mins Walk to the Beach
✓ Prices from $238,000

The premium residential complex is nestled on the picturesque man-made island. It comprises 4 mid-rise buildings connected by sky bridges and podiums with swimming pools.

A yacht-inspired floating beach club is located next to the sandy beach pool. Nikki Beach Resort & Spa is within walking distance.

For Sale:

➤ Apartments
Studios – from 38m²
1 Bedroom – from 49m²
2 Bedrooms – from 115m²
3 Bedrooms – from 182m²

➤ Townhouses
2 & 3 Bedrooms – from 161m²
Prices on Request

➤ Duplexes
2 & 3 Bedrooms – from 178m²
Prices on Request

Benefits:

▫️Gym and Yoga
▫️SPA and Recreation Clubs
▫️Leisure Areas with Sun Loungers and BBQ
▫️Restaurants and Shops
▫️Kids' Play Area

Two Payment Plans:

10% – Down Payment

➊ 30% – During Construction
60% – On Completion

➋ 50% – During Construction
40% – 2 Years Post-handover

🔑 Completion – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

10 Jan 2024 16:03

Sale | Duplex | $870,000

📍JVC

175m², 2 bedrooms, 3 bathrooms

Sunlit 2-storey apartment in the 31-storey residential complex, Zaya Hameni. The apartment features stylish design and premium finishes. Two spacious terraces overlooks the Dubai Skyline.

✓ Furnished
✓ Fully Fitted Kitchen
✓ Panoramic Windows
✓ Built-in Wardrobes
✓ Central A/C

In the residence:

➤ 18-metre Infinity Lap Pool
➤ Landscaped Deck with Cabanas and Sun Loungers
➤ Fitness Centre and SPA
➤ Rooftop Cinema and BBQ Area
➤ Bar and Café
➤ Kids' Play Areas

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

Agent: +971528757023

#secondary_market

Real estate | Dubai | AX CAPITAL

10 Jan 2024 10:06

❗️❗️❗️❗️❗️❗️ Apartments in Bayz 101 by Danube

📍Business Bay

✓ Fully Furnished
✓ One of the Tallest Towers in Dubai
✓ 1% Monthly Payments Within 6.5 Years
✓ 40+ Amenities

The most luxurious project in the Danube Properties portfolio. Nestled within a prime location, 101-storey tower provides panoramic views of Burj Khalifa, Dubai Canal, and Downtown Dubai.

🏊 The tower boasts private pools on the balconies and an infinity pool on the 55th floor.

For Sale:

➤ Studios – from $320,000
➤ 1 Bedroom – from $558,000
➤ 2 Bedrooms – from $817,000
➤ 3 Bedrooms – from $1,253,000
➤ 4 Bedrooms – from $1,579,000

Areas: on Request

Benefits:

▫️Gym
▫️Leisure Deck with Cabanas and Sun Loungers
▫️Water Features
▫️Café
▫️Lounges
▫️Kids' Play Area

Payment Plan:

Receipts for EOI request ➤ from $14,000

74% – During Construction
26% – Post Completion

🔑 Completion – Q2 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

09 Jan 2024 10:04

Emaar was the world's fastest-growing and strongest real estate brand in 2023

➤ According to the report of the brand valuation consultancy, Brand Finance.

The developer's brand value is ↑ by 29% to $2.7 billion in 2023 due to:

✓ Strong Portfolio
✓ Enduring Reputation
✓ Sustained Revenues
✓ Improved Margins

Emaar has a Brand Strength Index score of 82 out of 100 and a AAA- rating.

#developers_news

——

Property byers will get a 50% discount on registration fees at the Sharjah real estate exhibition.

📍Expo Centre Sharjah

Over 372 new projects will be showcased during the exhibition, ACRES 2024, which will run on January 17–20.

The Sharjah Executive Council approved reduced fees on transactions during the event:

▫️Selling Fees for Developers ➤ 0.5%
▫️Purchasing Fees
UAE and GCC Nationals ➤ 1%
Other Nationalities ➤ 2%

#news_uae

Sources: Brandirectory, Khaleej Times

Real estate | Dubai | AX CAPITAL

08 Jan 2024 10:05

Dubai's largest penthouse has been listed for sale at $163 million.

📍West Crescent of Palm Jumeirah

Area – 7,219m²
Number of bedrooms – 8

The Super Penthouse R1 occupies the top 3 levels and the rooftop of Raffles The Palm Dubai. The 5* hotel complex boasts the largest indoor pool in Dubai and a 500-metre private beach.

For residents: 24/7 butler and à la carte services like private chef or florist.

The penthouse includes a central terrace area dedicated to hundreds of guests, a 20-person dining room with a Teppanyaki kitchen, and a cigar lounge with 360° views of the sea and the Dubai Skyline.

Features:

▫️Gym and SPA
▫️Wellness Area with Cryogenic and Hay Relaxation Rooms
▫️Outdoor Swimming Pool
▫️Mini Golf within Meditation Garden
▫️Cinema Lounge
▫️Basketball Court

In November 2023, the penthouse in the tower Como Residences by Nakheel was sold for a record $136 million.

#real_estate_dubai
#records_dubai

Source: The National News

Real estate | Dubai | AX CAPITAL

29 Dec 2023 13:01

Dubai's Best Skyscrapers 2023

Let's remember the most fascinating architecture projects of 2023 and choose one.

➊ Eywa – private waterfalls, pools, and the design inspired by the Banyan tree

➋ Damac Bay by Cavalli – three towers connected by the podium with pools, and interiors from the Cavalli fashion house

➌ Bugatti Residences By Binghatti – world's first tower from the French luxury supercar manufacturer

➍ Damac Casa – resort-style pools and private pools on the futuristic skyscraper's wrap-around balconies

➎ Viewz by Danube – two Sky Bridges and interiors from the British sports car manufacturer, Aston Martin

➏ Vela Viento – ''hanging'' dining rooms at the apartments and a 100m high infinity pool

Real estate | Dubai | AX CAPITAL

28 Dec 2023 16:36

Where to Watch New Year's Fireworks in Dubai

📍The Dubai Water Canal, Business Bay

The Dubai Water Canal Boardwalk is an excellent spot to watch the fireworks near Burj Khalifa.

📍Al Seef Street

The historic district of Dubai with its promenade, ancient buildings, and traditional abra boats perfectly fits to celebrate New Year's and watch fireworks.

📍The Pointe, Palm Jumeirah

1.5km promenade with dancing fountains at shopping mall, The Pointe. Enjoy a magnificent fireworks against the backdrop of the 5* hotel, Atlantis The Palm.

📍JBR and Marina Beach

Celebrate New Year's Eve on the beach with a magnificent view of Bluewaters Island, home to the world's largest observation wheel, Ain Dubai.

📍Umm Suqeim Park

Arrange a family picnic on New Year's Eve with a view of the fireworks near the hotel, Burj Al Arab.

📍Dubai Festival City Mall

A large shopping centre where you can make purchases and then enjoy the fireworks.

🎇Enjoy the magic of New Year in Dubai!

Real estate | Dubai | AX CAPITAL

26 Dec 2023 15:17

The UAE Corporate Tax for Natural Persons

The UAE's Federal Tax Authority has issued a new corporate tax guide.

It is aimed to help natural persons (individuals), to determine whether they are subject to corporate tax.

When Natural Persons are Subject to Corporate Tax

➤ If their total annual Turnover derived from Business or Business Activities conducted in the UAE exceeds AED 1 million (~$272,000)

Physical residence in the UAE, whether by virtue of citizenship or a residency visa, is not the determining criterion for Corporate Tax purposes.

❗️If the natural person has not invoked the application of a Double Taxation Agreement, any natural person conducting Business or Business Activity in the UAE will be a Resident Person for purposes of the Corporate Tax Law.

Tax Rate on Taxable Income

▫️Under AED 375,000 – 0%
▫️Over AED 375,000 – 9%

Individuals will be able to benefit from the 0% on the first Dh375,000 of taxable income.

Income Exempt from Corporate Tax

✓ Wage
✓ Personal Investment
✓ Real Estate Investment

——

To learn more and get our Corporate Tax Guide you are welcome to contact AX CORPORATE ➤ +971 52 192 5615

Real estate | Dubai | AX CAPITAL

24 Dec 2023 10:50

🛎 May the festive lights of Dubai illuminate your home with warmth and joy this Christmas. Wishing our valued clients a season filled with inspiring and magical moments.

Merry Christmas!

Yours, AX CAPITAL.

Real estate | Dubai | AX CAPITAL

22 Dec 2023 15:14

The new developer, Sankari Properties, plans to build its first $1 billion ultra-luxury project in Dubai.

📍Marasi Marina, Business Bay

The twin towers will feature 57 units with 3, 4, and 5 bedrooms, each occupying an entire floor.

Areas – about 600m²
Prices: from $10 million

Completion – Q4 2027

——

The master developer, Marjan, has announced a new landmark backed by Hilton with the highest 360° sky pool in Ras Al Khaimah.

📍Al Marjan Island

It will comprise 410 keys: 350 hotel rooms and 60 residences.

Features:

▫️Executive Lounge
▫️Convention Centre
▫️3 F&B Outlets
▫️Various Recreational Facilities

The developer – M Hospitality, which has already brought two Hilton properties to the island
Design – JT+Partners

——

The Dubai developer, Deyaar, is expanding into Abu Dhabi through a partnership with the developer, Arady Properties.

📍Al Reem Island

The inter-emirate activity of the largest developers:

✓ Emaar in Ras Al Khaimah ➤ Address Residences Al Marjan Island
✓ Aldar in Dubai ➤ Haven by Aldar and Ras Al Khaimah ➤ Nikki Beach Residences & Rosso Bay Residences

#developers_news

Sources: Zawya, Trade Arabia, Property News

Real estate | Dubai | AX CAPITAL

21 Dec 2023 15:11

❗️❗️❗️❗️❗️❗️ Townhouses and Villas in Taormina Village 1

📍Wadi Al Safa

✓ New Community, 5 Mins to Al Barari
✓ Flexible Payment Plans
✓ Discounts Up to 40% from the Original Price

A collection of 3-storey townhouses and villas, surrounded by green areas, landscaped parks with BBQ, and retail spaces.

All homes boast private balconies or terraces, parking spaces, kitchen cabinets and countertops. Laundries, maid's room, and lifts in some townhouses.

For Sale:

➤ Townhouses
3 Bedrooms – from 130m²
4 Bedrooms – from 138m²
Prices: from $785,000

➤ Villas
4 Bedrooms – from 192m²
5 Bedrooms – from 185m²
Prices: from $1,351,000

➤ Standalone Villas
4 Bedrooms – from 278m²
Prices: from $1,999,000

Benefits:

▫️Adult and Kids' Pools
▫️Gym and Yoga Garden
▫️Multi-Sports Court
▫️Jogging Track
▫️Shaded Seating Areas
▫️Nursery

2 Payment Plans:

➊ 5% Discount
30% – During Construction
70% – On Completion

➋ 20% – During Construction
80% – On Completion

❗️Full Payment in 3 Months – 40% Discount
In 6 Month – 30% Discount

Down Payment:

3⁠0% – 15% Discount
⁠20% – 10% Discount
⁠10% – 5% Discount

🔑 Сompletion – Q4 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

20 Dec 2023 15:43

❗️❗️❗️❗️❗️❗️ Apartments and Penthouses in Armani Beach Residences at Palm Jumeirah

✓ Branded Project from the Italian Fashion House
✓ Fully Furnished
✓ Only 53 Units
✓ Atlantis The Palm and Sea Views

📍Palm Jumeirah

Ultra-luxurious complex from the developer, Arada, compising spacious residences. A certificate for Armani/Casa furniture allows the owners to create a bespoke interior.

Each Presidential Suite boasts a massive rooftop terrace with pools, courtyard with open sky water feature, and array of spaces including gym, library, cinema.

▪️Architecture – world renowned Japanese architect, Tadao Ando
▪️Interior Design – studio, under the direct supervision of Giorgio Armani, Armani/Casa

For Sale:

➤ Apartments
2 Bedrooms – from 247m²
3 Bedrooms – from 372m²
4 Bedrooms – from 587m²
5 Bedrooms – from 703m²

➤ Penthouses
5 Bedrooms – from 883m²

➤ 2-level Presidential Suites
5 Bedrooms – from 2,875m²

Prices: On Request

▪️Spacious balconies and maid's rooms in all residences. Some units feature private pools.

Leave a request: +97152 3561901

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

15 Jan 2024 15:06

Sales of prime and super-prime properties in Dubai hit record levels in 2023

➤ According to the commercial real estate services company, CBRE.

Prime properties worth over $1.36 million
Super-prime – over $2.7 million

Average prices in Q4 2023, compared to Q4 2022:

Prime ↑ by 22.5%
Super-prime ↑ by 20.4%

In 2024 price growth in these segments is expected to remain relatively strong.

Sales compared to 2022

Prime ↑ by 54.5% ➤ 10,296
Super-prime ↑ by 68.4% ➤ 3,806

Off-plan sales accounted for:

Prime ➤ 67.2% of total transaction volumes
Super-prime ➤ 70.8%

#real_estate_dubai

——

🏆 Property prices in the UAE have recorded the highest increase among all the countries in 2023

➤ According to the International Monetary Fund (IMF).

TOP 3

➊ UAE – 10.4%
➋ Mexico – 4.72%
➌ Israel – 3.1%

The UAE has been ranked 6th in the world among the countries with the highest price growth since the pre-pandemic level – 14.15%.

#news_uae

Sources: CBRE, Khaleej Times

Real estate | Dubai | AX CAPITAL

13 Jan 2024 15:07

Rent | Apartment | $74,000 per year

📍Downtown Dubai

117m², 2 bedrooms, 2 bathrooms

Luxurious brand new apartment in the two-tower residential complex, The Address Residences Dubai Opera. Developer – Emaar.

⛲️ Spectacular views and one of the closest proximities to the Burj Khalifa and The Dubai Fountain.

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

▫️Chiller – Free

For Owners:

➤ Infinity Pool
➤ Gym and SPA
➤ Landscaped Terrace with Sun Loungers
➤ Restaurants and Cafes
➤ Children's Play Area
➤ 24/7 Concierge and Security

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

Agent: +971528563193

#longterm_rent

Real estate | Dubai | AX CAPITAL

12 Jan 2024 10:32

❕❕❕❕❕ Apartments and Penthouses in Armani Beach Residences on Palm Jumeirah

✓ Branded Project from the Italian Fashion House
✓ Designer Furniture
✓ Some of the Largest Residences on The Palm
✓ Atlantis The Palm and Sea Views

📍Palm Jumeirah

Ultra-luxurious complex from the developer, Arada.

▪️Interior Design – acclaimed studio, Armani/Casa
▪️Architecture – Japanese Pritzker-Prize-winning architect, famous for its minimalistic design, Tadao Ando

The Presidential Suite owners will be flown to Italy to choose their design and meet Giorgio Armani. Each suite boasts a massive rooftop terrace with a pool and courtyard, as well as open sky water feature.

For Sale:

➤ Apartments
2 Bedrooms – from 247m²
3 Bedrooms – from 372m²
4 Bedrooms – from 587m²
5 Bedrooms – from 703m²
Prices: from $5,700,000

➤ Penthouses
5 Bedrooms – from 883m²
Prices: from $16,000,000

➤ 2-level Presidential Suites
5 Bedrooms – from 2,875m²
Price: $93,000,000

Service Charge: $103–$117 per m² per year

▪️Fully equipped closed kitchens, parking spaces for 2–7 cars, and maid's rooms. Two designer interior collections: light and dark.

Benefits:

A set of amenities spread over 8,000m², all designed by Armani/Casa

▫️Private Beach with Leisure Area
▫️Infinity and Kids' Pool
▫️SPA with Sauna and Gym
▫️Movie Theatre
▫️Cigar Lounge and Library
▫️Children's Playroom

Also for residents: 24/7 valet, concierge, doorman, security, and à la carte services

Payment Plan:

25% – Booking
35% – During Construction
40% – On Handover

🔑 Handover – Q4 2026

Leave a request: +971523561901

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

11 Jan 2024 10:01

The UAE will build an airlock for a global first space station around the Moon.

🌑 In collaboration with NASA, the Mohammed bin Rashid Space Centre (MBRSC) will provide an airlock for Lunar Gateway. A UAE astronaut will fly to the lunar space station on a future Artemis mission.

Lunar Gateway is planned to be:

✓ Support for Exploration and Research in Deep Space
✓ Home for Astronauts
✓ Staging Point for Lunar Surface Missions
✓ Opportunity to Conduct Spacewalks While Orbiting the Moon

——

The UAE has the world's lowest emigration rates

➤ According to the study by a moving company, Top Move.

99.37% of the UAE population chose to stay within the country, influenced by the high quality of life. The UAE is followed by:

➋ Japan
➌ United States

#news_uae

——

🏆 Dubai has been named the world's best travel destination a third year in a row

➤ According to the travel app, Tripadvisor.

TOP 5 is:

➊ Dubai
➋ Bali
➌ London
➍ Hanoi
➎ Rome

#life_dubai

Sources: NASA, Khaleej Times, Gulf Business

Real estate | Dubai | AX CAPITAL

10 Jan 2024 13:01

❗️❗️❗️❗️❗️❗️ Apartments, Townhouses, and Penthouses in Habtoor Grand Residences

📍Dubai Marina

✓ Direct Beach Access
✓ 10 Mins to The Walk, JBR
✓ Most Popular Area to Buy or Rent Apartment

Waterfront 50-storey residential complex next to Habtoor Grand Resort, Autograph Collection. Breathtaking views of the sea, Dubai Harbour, Bluewaters Island, and Palm Jumeirah.

For Sale:

➤ Apartments
2 Bedrooms – from 188m²
3 Bedrooms – from 251m²
4 Bedrooms – from 362m²

➤ 2-storey Townhouses
3 Bedrooms – from 266m²
4 Bedrooms – from 353m²

➤ 2-storey Penthouses
4 Bedrooms – from 566m²

Prices: on Request

Benefits:

▫️Rooftop Swimming Pool
▫️Health Centre
▫️Gym
▫️Restaurants
▫️EV Charging Stations
▫️Kids' Play Area

Payment Plan:

Receipts for EOI request ➤ $27,000

60% – During Construction
40% – On Handover

🔑 Handover – 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

09 Jan 2024 15:14

Dubai Real Estate Market ➤ 2023 Results

Property Sales

Compared to 2022:

Total volume ↑ by 38% ➤ 133,134 transactions
Value ↑ by 56% ➤ $112 billion

❗️Highest performance for a year ever recorded

Existing properties' volume ↑ by 20.7% ➤ 64,351 transactions
Value ↑ by 46.8% ➤ $68 billion

Off-plan volume ↑ by 59.4% ➤ 68,783 transactions
Value ↑ by 39% ➤ $44 billion

Sales prices in Dubai for a 1-bedroom apartment in TOP 5 popular areas:

➊ Dubai Marina ➤ $395,000
➋ Downtown Dubai ➤ $517,000
➌ Jumeirah Village Circle ➤ $231,000
➍ Business Bay ➤ $422,000
➎ Palm Jumeirah ➤ $790,000

Property Rental

Compared to 2022:

Rental contracts' volume ↑ by 3.7% ➤ 625,661
92.1% of them were annual contracts

Annual rental prices in Dubai for a 1-bedroom apartment in TOP 5 popular areas:

➊ Dubai Marina ➤ $30,000
➋ Jumeirah Village Circle ➤ $19,000
➌ Downtown Dubai ➤ $35,000
➍ Business Bay ➤ $26,000
➎ Jumeirah Lake Towers ➤ $22,000

#real_estate_dubai
#records_dubai

Source: Property Finder

Real estate | Dubai | AX CAPITAL

08 Jan 2024 15:06

Since opening 14 years ago, the Burj Khalifa property sales value has reached $2.7 billion.

According to the consultancy firm, Knight Frank, sales in Burj Khalifa in 2023:

✓ Total Value – $272 Million
✓ Most Expensive Apartment – $4 Million
✓ Most Expensive Branded Residence – $9 Million
✓ Highest Unit – 105 Floor ($2.7 Million)

The number of homes available for sale fell by 52% during 2023, which reflects the grow in number of long-term investors.

#real_estate_dubai

——

The developer, MAG, has acquired a plot in Dubai for $95.2 million to build the luxury project, Keturah Downtown.

📍Downtown Dubai

The residential development follows the successes of Keturah Reserve and Keturah Resort

🔑 Completion – Q4 2027

——

The Sharjah developer, Arada, has purchased a $163-million plot in Dubai to build a 50-storey residential tower.

📍Zabeel 2, between DIFC and Downtown Dubai

The tower will contain 400 apartments with the views of Burj Khalifa and the Dubai Skyline.

Earlier Arada started the pre-registration for the ultra-luxury Armani Beach Residences at Palm Jumeirah

#developers_news

Sources: Khaleej News, Trade Arabia, Property News

Real estate | Dubai | AX CAPITAL

30 Dec 2023 11:00

HAPPY NEW YEAR!

May your 2024 be full of excitement and adventure.

Heading into the new year, we look back at a busy 2023: we opened yet another comfortable office in Dubai, launched 5 new exclusive real estate projects, explored a dozen countries with our roadshows, and doubled the size of our team.

Our plans for 2024 are ambitious, and are focused on one of our core principles of continuous improvement – “get 1% better every day.”

But first, for today, it is time to relax and have some fun. Happy New Year!🎄

Yours, AX CAPITAL.

Real estate | Dubai | AX CAPITAL

29 Dec 2023 09:57

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

🟠 News

➤ Dubai real estate market results of November
➤ Atlantis The Royal was named the World's Leading New Resort
➤ First Mercedes-Benz branded residence in the world will be developed in Dubai
➤ Most expensive properies sold in Dubai in 2023
➤ Residential capital values and average rents rose in November
➤ Property prices in the UAE to continue rising in 2024
➤ Corporate Tax Guide

🟡 Projects

Apartments:

➤ Royal Park from $205,000
➤ The Central Downtown Tower D from $263,000
➤ Moonstone Interiors by Missoni from $351,000
➤ LIV Waterside from $654,000
➤ Armani Beach Residences at Palm Jumeirah Prices on Request

Townhouses + villas + mansions:

➤ Taormina Village 1 from $785,000
➤ Royal Park from $881,000
➤ The Acres from $1,390,000
➤ Tilal Al Ghaf from $1,800,000
➤ LIV Waterside from $2,206,000
➤ Utopia from $4,930,000

——
#month_results

Real estate | Dubai | AX CAPITAL

27 Dec 2023 10:03

Sale | Apartment | $9,500,000

📍Palm Jumeirah

288m², 3 bedrooms, 5 bathrooms

Seafront apartment in the ultra-premium residential complex, One at Palm Jumeirah, managed by the 5* hotel chain, Dorchester Collection.

🏝 Direct access to the private beach. Panoramic windows with 360° views of the sea and the Dubai Marina Skyline.

✓ Furnished
✓ Open Kitchen
✓ Balcony
✓ Walk-in Closet
✓ Built-in Wardrobes
✓ Central A/C

In the residence:

➤ Outdoor and Indoor Pools
➤ SPA and Sauna
➤ Private Cinema
➤ Restaurants
➤ Concierge, Doorman, and Porter
➤ À la carte, Personal Valet, and Car Care Services

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

Agent: +971521706985

#secondary_market

Real estate | Dubai | AX CAPITAL

26 Dec 2023 08:08

Property prices in the UAE are expected to continue rising in 2024 amid higher demand.

According to a consulting group, ValuStrat, average residential prices:

➤ In Dubai ↑ by 5% to 7%
➤ In Abu Dhabi ↑ by 3% to 5%

In the next 3-4 months, the market will continue to be strong in terms of:

✓ Transactional Activity
✓ Price Appreciation
✓ Rental Increases

New units are expected in the market next year, but demand will outstrip supply, supporting prices. Will be ready for delivery:

▫️120,000 units in Dubai in the next 5-6 years with 20,000 to 30,000 units a year
▫️5,000 units in Abu Dhabi in 2024

Largest investors according to the developer, Sobha Realty:

▪️India
▪️China
▪️UK
▪️CIS (Commonwealth of Independent States)
▪️Another European Countries

Expected investments from Latin America, Mexico, and Canada will help grow the demand further.

This year, Sobha Realty has announced the start of sales of apartments at the tower, 340 Riverside Crescent, in its master development in Dubai, Sobha Hartland II

#real_estate_dubai
#real_estate_abu_dhabi

Source: The National News

Real estate | Dubai | AX CAPITAL

23 Dec 2023 10:00

Sale | Apartment | $3,800,000

📍Jumeirah Beach Residence

192m², 3 bedrooms, 5 bathrooms

Spacious apartment in a new resort-style residential complex, La Vie, with direct access to the beach.

A glass door leads from the living room to the balcony with breathtaking views of the sea, Palm Jumeirah, and the world's largest observation wheel, Ain Dubai.

✓ Unfurnished
✓ Open Kitchen
✓ Household Appliances
✓ Panoramic Windows
✓ Built-in Wardrobes
✓ Central A/C

In the residence:

➤ Infinity and Kids' Pools
➤ Gym
➤ Gardens
➤ BBQ Area
➤ Supermarkets and Restaurants
➤ Kids' Play Areas

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

Agent: +971521324726

#secondary_market

Real estate | Dubai | AX CAPITAL

22 Dec 2023 10:03

The Department of Culture and Tourism – Abu Dhabi has unveiled the second series of light art exhibition, Manar Abu Dhabi.

📍Abu Dhabi

7 light artworks on Al Samaliyah Island are made by international art collective, teamLab.

The first series were launched in November, the second will run from December 21, 2023 until January 30, 2024.

Installations are available at:

▫️Abu Dhabi Corniche
▫️Eastern Mangroves
▫️Fahid Island
▫️Lulu Island
▫️Saadiyat Island
▫️Jubail Mangrove Park

#news_abu_dhabi

——

53% of organisations in the UAE plan to increase employee salaries in 2024.

According to a recruitment agency Cooper Fitch:

✓ Salaries Will ↑ by 4.5%
✓ 56% of Companies Expect to Hire More People

——

✈️ The airline, Wizz Air Abu Dhabi, increased the number of passengers by 150% to 3 million in 2023

➤ Compared to 1.2 million in 2022.

In 2023

▪️Total Fleet ↑ to 12 Jets
▪️Seat Capacity ↑ by 135% to 3.7 Million Seats
▪️Network ↑ to 40 Routes in 27 Countries
▪️Hired 300 Pilots and Cabin Crew

The airline is set to ↑ all indicators in 2024.

#news_uae

Sources: Trade Arabia, Cooper Fitch, The National News

Real estate | Dubai | AX CAPITAL

21 Dec 2023 10:18

❗️❗️❗️❗️❗️❗️ Villas in Tilal Al Ghaf

✓ Last Phase of the Community
✓ Crystal Lagoon with Sandy Beach
✓ 500,000m² of Parks and Gardens

📍Tilal Al Ghaf

Elegant twin villas situated next to the prestigious Royal Grammar School Guildford Dubai and retail mall. The community is surrounded by lush green hills, lakes, and 18km walking trails.

For Sale:

➤ Twin Villas
4+ Bedrooms – from 455m²
Plots – from 316m²

Prices: from $1,800,000

Benefits:

▫️Beach Club
▫️Kayaking and Canoeing
▫️11km Cycling Tracks
▫️Sports Grounds
▫️BBQ Areas
▫️Restaurants and Shops

Payment Plan:

10% – Down Payment
50% – During Construction
40% – On Completion

Leave a request: +971521718769

✅Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

20 Dec 2023 10:09

Sale | Villa | $14,700,000

📍Palm Jumeirah

658m², 5 bedrooms, 6 bathrooms

Brand new custom-built villa at the gated waterfront community, Garden Homes Frond M.

Spacious plot boasts a large swimming pool and jacuzzi, garden, outdoor sitting and dining areas with BBQ. Balconies overlook the sea, Royal Atlantis, and the Dubai Skyline.

✓ Italian Furniture and Décor
✓ Private Beach Access
✓ Open Kitchen with an Island
✓ Gaggenau Appliances
✓ Panoramic Windows
✓ 4 Parking Spaces

In the community:

➤ Beaches
➤ Gym
➤ Jogging Tracks
➤ Park
➤ Restaurants and Shops
➤ Nurseries

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

Agent: +971528563410

#secondary_market