How to Calculate Your Property Income in Dubai

➤ What is ROI?

Return on Investment (ROI) is an indicator representing the ratio between the net income and the cost of investment. It determines the efficiency of an investment.

➤ How to Calculate ROI?

☑️Capital Appreciation

To determine ROI when a property is sold:

(Sale Price – Total Cost) / Total Cost x 100

You buy a 100m² apartment with 2 bedrooms in Dubai Marina for $1,000,000. Sell it for $1,200,000 a year later. This is $200,000 in appreciation.

If you spent on:

▫️DLD registration fee, 4% of the cost – $40,000
▫️Service charges, $40 per m² annually – $4,000
▫️Renovations – $10,000

The total cost for the property would be $1,054,000

Profit: $1,200,000 – $1,054,000 = $146,000

Divide it by the total cost to get the ROI:

$146,000 / $1,054,000 x 100 = 13.9

ROI – 13.9%

☑️Rental Revenue

To determine ROI when you rent your property out:

(Annual Rental Income – Annual Operating Expenses) / Total Cost x 100

Operating expenses include the costs of maintenance, utilities, insurance, etc.

You rent your apartment in Dubai Marina for $75,000 per year. $5,000 was spent per year on expenses.

Annual return: $75,000 – $5,000 = $70,000

Divide it by the total cost to get the ROI:

$70,000 / $1,050,000 x 100 = 6.7

ROI – 6.7%

➤ What Is a Good ROI?

A good ROI varies by risk tolerance: the more risk you're willing to take, the higher ROI you might expect.

Investors aim to get returns that are equal or exceed the average returns on the major stock market index such as the S&P 500.

An annual ROI of 8%–10% is considered a good ROI. In Dubai, buyers can easily find options with ROI of 6%–9%.

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British luxury sports car manufacturer will design the interiors for a coastal project

📍Al Marjan Island

Aston Martin is set to make its debut in the GCC real estate market with a project valued at $250 million.

The premium residences will be constructed in collaboration with the developer, Dar Global, and will be located near the Wynn Casino.

🔑 Completion – 2028

#developers_news

——

The world's first wellness island, SHA Residences Emirates, will be constructed in Abu Dhabi.

📍Al Jurf

The developer, IMKAN, will create this project in partnership with the world-renowned SHA Wellness Clinic. It was named the world's best according to the World Spa Awards.

The project combines a wellness resort and residential offerings:

☑️86 Villas
☑️49 Apartments
☑️2 Penthouses

Benefits:

▫️24/7 Access to Doctors, Fitness Instructors, and Chefs
▫️Innovative and Holistic Treatments
▫️Private Beach

The resort will also boast a helipad and waterways linking it to Dubai and Abu Dhabi.

🔑 Completion – 2026

#real_estate_abu_dhabi

Sources: Arabian Business, Khaleej Times

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Rent | Villa | $1,200,000 per year

📍Palm Jumeirah

Villa with luxurious interiors in the gated beachfront community, Signature Villas Frond B.

Each bedroom on the second floor provides access to a spacious terrace with sea views. The plot features a private pool and recreation areas.

☑️Furniture and Decor by Versace and Bentley
☑️Equipped Kitchen
☑️Study
☑️Gym
☑️Walk-in Closet
☑️Central A/C

In the community:

▫️Beaches
▫️Park
▫️Restaurants and Shops
▫️Nakheel Mall
▫️Nurseries
▫️24/7 Concierge and Security

❗️The villa is vacant and ready to move in.

Agent: +971588745619

#longterm_rent

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❕❕❕❕❕ Townhouses in Greenway

☑️18-hole Championship Golf Course
☑️4-year Payment Plan
☑️Family-oriented Community by Emaar

📍Emaar South

Collection of elegant 3-storey townhouses surrounded by parks. A community centre, adult and kids' pools, sport courts, restaurants and cafes are within walking distance.

Panoramic windows, balconies and rooftop terraces offer picturesque vistas of the golf course and lush greenery. Each home comes with a maid's room and a garage for 2 cars.

For Sale:

➤ 3 Bedrooms – 287m²
Plot Area – from 168m²
Prices: from $858,000

➤ 4 Bedrooms – 326m²
Plot Area – from 255m²
Prices: from $1,002,000

➡️2 types of façades

Benefits:

☑️Gym
☑️Jogging Paths
☑️Skate Park
☑️Event Area
☑️Retail Centre
☑️Kids' Play Areas

Payment Plan:

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

🔑 Completion – Q2 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

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▫️ Capital growth up to 50% and other pros of the UAE real estate investments

We invite you at the business meetings in Ivory Coast to learn more about the purchase of properties in Dubai.

WHERE

📍Hotel Pullman Abidjan, Rue Abdoulaye Fadiga

WHEN

April 26–28, 2024
10:00–19:00

Our highly professional real estate advisors will meet you in person to discuss:

☑️What are the prospects of Dubai real estate market

☑️How to receive passive income of 6%–8% per year

☑️How to get a 10-year Golden Visa in the UAE

You will find out all you need to know to make a decision:

▫️Best real estate options in Dubai from $150,000

▫️Projects with payment plans up to 8 years and capital appreciation up to 50%

▫️Exclusive and branded residences from famous companies: Cavalli, De Grisogono, Ritz-Carlton, etc.

We hope to see you in Abidjan!

Register for the meeting➡️@FrancisAX

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Dubai villa market has exceeded market peaks of 2021 over 100%

➤ According to the ValuStrat Index (VPI)

❗️Starting from 2024, January 2021 became the new baseline for calculations instead of Q1 2014

Compared to February 2024, VPI ↑ by 2.1%:

For Villas ↑ by 2.4%
For Apartments ↑ by 1.9%

Compared to March 2023, VPI ↑ by 24.7%:

For Villas ↑ by 29.6%
For Apartments ↑ by 20.1%

Sales Volume

Ready ↓ by 0.5%
Off-plan ↑ 14%

🔺Areas with the highest annual capital gains:

Villas

Palm Jumeirah ➤ 37.7%
Jumeirah Islands ➤ 37.7%
Dubai Hills Estate ➤ 34.8%
Mudon ➤ 30.2%
Arabian Ranches ➤ 29.2%

Apartments

Discovery Gardens ➤ 32.6%
The Greens ➤ 29.8%
Palm Jumeirah ➤ 29%
The Views ➤ 24.8%
Town Square ➤ 24.5%

#real_estate_dubai

Source: ValuStrat

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Utilities in Dubai: Connection and Payment Guide

DEWA (Dubai Electricity and Water Authority) is a state-owned company, exclusively providing utilities across Dubai.

Catering to 1 million+ consumers, DEWA is one of the most efficient electricity and water providers in the world.

DEWA Services

▫️Activation (Move-in)
▫️Deactivation (Move-out)
▫️Transfer of services (Move-to)
▫️Billing, etc.

How to Activate DEWA Services

Provide the following documents:

☑️Tenant – Copy of the Valid Lease Agreement (Ejari)
☑️Homeowner – Title Deed
☑️Owner's and Tenant's Passport Copy or Emirates ID
☑️Application

You can use the DEWA Smart App, the website or visit one of the Customer Happiness Centres.

One Step Move-in

Simplified move-in process of services activation.

1️⃣Register with Ejari and your DEWA personal account will be automatically created
2️⃣Receive an email and an SMS from DEWA
3️⃣Pay the security deposit
4️⃣Utilities will be activated within 15 hours after the payment

Account Activation Cost

▫️Security Deposit: $545 for apartments, $1,100 for villas
▫️Activation fee: $30–$80, varying by property size
▫️Additional fees: $8

How to Deactivate (Move-out) or Transfer DEWA Services (Move-to)

☑️Settle any outstanding dues for your current residence
☑️Submit an application in your DEWA account or Customer Happiness Centre

For deactivation:

☑️Pay fees
☑️Enter the move-out date and the preferred method for the security deposit refund

For transferring:

☑️Provide the premise number of the property you are moving out of and move-out date
☑️Enter the premise number of the property you are moving into

The required documents are identical to those needed for setting up a DEWA account.

How to Pay Bills

DEWA provides about 17 payment options, including DEWA Smart App, EasyPay, the website, and Customer Happiness Centres.

DEWA uses alternative energy sources and has become the world's first utility provider to use the chatbot ChatGPT. The company broke 2 Guinness World Records.

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▫️ Looking for the best real estate options in Dubai from $150,000?

Let's meet at AX CAPITAL's business events in Ghana and consider the purchasing of properties in Dubai.

WHERE

📍Kempinski Hotel Gold Coast City Accra, 66 Gamel Abdul Nasser Ave

WHEN

April 23–24, 2024
10:00–19:00

You can meet our top-tier property experts in person and discuss:

☑️Which areas in the city meet your investments goals

☑️How to receive passive income of 6%–8% per year

☑️How to obtain a 10-year Golden Visa in the UAE

We provide you with information about:

▫️Projects with payment plans up to 8 years and capital appreciation up to 50%

▫️Exclusive and branded residences from famous companies: Cavalli, De Grisogono, Ritz-Carlton, etc.

We look forward to seeing you in Accra!

Register for the meeting➡️@FrancisAX

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5 Reasons to Run a Business in the UAE from Pavel Durov

The founder and CEO at the messenger app, Telegram, was interviewed by the American journalist, Tucker Carlson.

Durov highlighted why he has never wanted to change the UAE to any other country within all his 7 years of living there.

1️⃣Neutral Place

The country which has good relations with the whole world.

The best place for neutral platform like ours to be in, if you want to make sure we can defend our users' privacy and freedom of speech.

2️⃣Easiness of Doing Business

Ability to hire people from all over the world and get residence permits with easy.

3️⃣Tax Efficiency

Taxes for business in the UAE are one of the lowest in the world.

4️⃣Great Infrastructure

High-quality roads, airports, hotels etc.

5️⃣Zero Pressure from the Government

They were very supportive, very helpful

Durov was named the richest citizen of the UAE in the Forbes' list 2024

#news_uae

Source: Tucker Carlson's YouTube Channel

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❗️ In 3 days we are waiting for residents and guests of Bucharest at a personal meeting with our experts to discuss:

☑️How to buy and sell real estate in Dubai profitably

☑️How to become a UAE resident through property purchase

☑️How to receive passive income of 7%–12% per year

WHERE

📍The Marmorosch Bucharest, Autograph Collection, Doamnei Str. 2

WHEN

April 19–21, 2024
10:00–19:00

It will be nice to see you in Bucharest!

Register for the meeting➡️@alexander_axcapital

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❗️❗️❗️❗️❗️❗️ Apartments in Riva Residence

📍Dubai Maritime City

☑️Exclusive AX CAPITAL Inventory
☑️Marina with Superyacht Berths
☑️Views of the Sea and Burj Khalifa
☑️Handover in a Year

25-storey residential complex on an artificial peninsula with direct access to the waterfront promenade. 10 mins – Dubai Frame, museums and parks.

A podium features infinity and kids' pools, recreation areas with sun loungers and landscaped gardens.

For Sale:

➤ 1 Bedroom – from 74m²
Prices: from $436,000

➤ 2 Bedrooms – from 123m²
Prices: from $755,000

➤ 3 Bedrooms – from 190m²
Prices: from $1,157,000

Benefits:

▫️Gym
▫️Recreation Area with BBQ
▫️Business Centre
▫️Cafes and Restaurants
▫️Multipurpose Hall
▫️Kids' Play Area

Payment Plan:

Receipts for EOI request ➤ from $14,000

10% – On Booking
30% – During Construction
60% – On Handover

🔑 Handover – Q3 2025

Leave a request: +971523594274

✅ Agency commission – 0%

#new_project

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Sale | Villa | $5,600,000

📍Jumeirah Golf Estates

Fully upgraded Tuscan-style villa in the gated elite community, Olive Point.

The balcony offers picturesque view of the Earth Golf course.

☑️Closed Kitchen
☑️Swimming Pool
☑️Matured Garden
☑️Home Cinema
☑️Driver's and Maid's Rooms
☑️Built-in Wardrobes

In the community:

▫️World-class Golf School
▫️Fitness Centres
▫️Cafes and Restaurants
▫️Lakes and Landscaped Gardens
▫️Kids' Playgrounds
▫️24/7 Concierge and Security

❗️The villa will be vacant on transfer.

Agent: +971523747265

#secondary_market

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❗️❗️❗️❗️❗️❗️ Apartments in Diamonds by Danube

📍JLT

☑️Views of Jumeirah Islands
☑️1% Monthly Payment Options
☑️2.5 Years Post-handover
☑️40+ Amenities

The 63-storey complex is surrounded by parks and artificial lakes. A landscaped podium features a swimming pool and recreation areas.

🏖 8 mins – JBR beach and Emirates Hills Golf Club

For Sale:

➤ Studio – from $300,000
➤ 1 Bedroom – from $477,000
➤ 2 Bedrooms – from $681,000
➤ 3 Bedrooms – from $994,000
➤ 4 Bedrooms – from $1,293,000

Benefits:

▫️Gym
▫️Spa and Sauna
▫️Restaurants and Cafes
▫️Kids' Play Area
▫️24/7 Concierge and Security

Receipts for EOI request ➤ $14,000

🔑 Handover – Q4 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

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World's first amusement park from the Real Madrid football club has opened

📍Dubai Parks and Resorts

Real Madrid World was created in partnership with the legendary club to bring fans closer to its history and players.

At the amusement park:

▫️World's Tallest 140-metre-high Ride
▫️Region's First Wooden Rollercoaster
▫️La Fabrica Training Pitch
▫️Immersive Installations
▫️Retail Stores with Club's Merch
▫️Restaurants and Cafes

Ticket Price: $80 ➤ Buy a ticket

#life_dubai

——

850,000 mangroves have been planted in Abu Dhabi.

In 2023, the UAE took an obligation to plant 10 trees for every participant of the Climate Change Conference, COP28. The Dubai event attracted 80,000+ guests.

Mangroves:

☑️Absorb Carbon Dioxide
☑️Maintain the Purity of Coastal Waters
☑️Protect Algae and Coral Reefs

By 2030, the UAE government intends to plant 100 million mangroves.

#news_abu_dhabi

Sources: Khaleej Times, The National News

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Wishing you and your loved ones a blessed Eid Al Fitr! May your heart be filled with love, gratitude, and joy.

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❗️❗️❗️❗️❗️❗️ Apartments in Binghatti Hills

☑️In Business and Research Hub
☑️Infinity Beach Pool
☑️8 Mins – Dubai Hills Mall
☑️2-year Payment Plan

📍Dubai Science Park

One of the largest complexes by the number of units with 1,666 apartments. It consists of two 45-storey towers and is located in the first free zone in the Middle East dedicated to science.

10 mins – Dubai Hills Golf Club, international schools, hospitals, and supermarkets. 5 mins to Miracle Garden.

For Sale:

➤ Studios – from 41m²
Prices: from $212,000

➤ 1 Bedroom – from 70m²
Prices: from $303,000

➤ 2 Bedrooms – from 125m²
Prices: from $605,000

Service charges: $44 per m² per year

➡️Some units feature private pools with jacuzzis

Benefits:

▫️Kids' Pool and Areas
▫️Gym and Spa
▫️Sports Courts
▫️Running Track
▫️Zen Garden
▫️Smart Home System

Payment Plan:

Receipts for EOI request ➤ $5,400

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

🔑 Completion – Q2 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

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❗️❗️❗️❗️❗️❗️ Apartments in Cala Del Mar

☑️Beach in Walking Distance
☑️Direct Access to the Waterfront Promenade
☑️Premium Quality from Ellington
☑️3-year Payment Plan

📍Al Marjan Island

14-storey complex on the artificial island. The ground floor comprises a large infinity pool with resort-style leisure areas, BBQ, floating and viewing decks.

Panoramic windows and balconies offer sea views. 5 mins to the UAE's first casino, Wynn.

For Sale:

➤ Studios – from 37m²
➤ 1 Bedroom – from 64m²
➤ 2 Bedrooms – from 98m²
➤ 3 Bedrooms – from 171m²
➤ 4 Bedrooms – from 1,093m²

Service Charge: $41 per m² per year

➡️Equipped kitchens and premium finishes

Benefits:

▫️Fitness Studio
▫️Yoga Area
▫️Sauna and Steam Rooms
▫️Clubhouse
▫️Lounges
▫️Kids' Playgrounds

Payment Plan:

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

🔑 Completion – Q2 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

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❗️❗️❗️❗️❗️❗️ Simplexes, Duplexes and Penthouses in ELA Residences Dorchester Collection

📍Eastern Crescent of Palm Jumeirah

☑️Swimming Pool in Every Unit
☑️250m Private Beach
☑️25,000m² of Amenities

Complex of four buildings on the seashore from the 5* hotel brand. Panoramic views of Palm Jumeirah, Burj Khalifa, and the World Islands.

▫️Architecture – Zaha Hadid Architects
▫️Landscape design – Vladimir Djurovich

For Sale:

➤ Simplexes
3 Bedrooms – from 483m²
4 Bedrooms – from 595m²

➤ Duplexes
3 Bedrooms – from 437m²
4 Bedrooms – from 613m²

➤ Penthouses – from 2,350m²

Prices: from $11,700,000

➡️Double-height ceilings up to 8m

Benefits:

▫️Infinity and Other Pools
▫️Gym
▫️Designer Spa
▫️Landscaped Gardens
▫️Recreation Areas
▫️Walking Paths

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

🔑 Handover – Q1 2028

Leave a request: +971523561901

✅ Agency commission – 0%

#new_project

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The UAE plans to sign 26 Comprehensive Economic Partnership Agreements (CEPA) in 2024

The signing aimed to include 21 countries and 5 economic blocs, a total of 103 countries and representing up to 95% of total global trade.

The agreements support free trade:

☑️Cut Tariffs Between Countries
☑️Boost Investment

UAE's CEPAs are aimed at doubling foreign trade to $1 trillion by 2031.

The UAE has so far concluded agreements with:

▫️India
▫️Indonesia
▫️Israel
▫️Turkey, etc.

——

UAE's travel industry set to create 23,600 new jobs in 2024

➤ According to the World Tourism and Travel Council (WTTC)

In 2024

☑️Number of Jobs – 830,000
☑️Contribution to GDP – $64+ Billion
☑️International Visitor Spending – $52 Billion

——

TOP 5 UAE Employers in 2024, according to LinkedIn

1️⃣Management Consultancy, Bain & Company
2️⃣Payment Technology Company, Mastercard
3️⃣Management Consulting Firm, Kearney
4️⃣Consumer Goods Manufacturer, Procter & Gamble
5️⃣Emirates Airlines

The ranking is based on 7 criteria: skill growth, company stability, gender diversity, etc.

#news_uae

Sources: Khaleej Times, The National News

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Developers have announced that they will repair rain-damaged communities

Emaar Properties and MAG will undertake the repair of properties affected by flooding.

Since the severe rains began, the Emaar's staff have been helping residents 24/7.

DAMAC Properties worked closely with local authorities to restore normalcy in the communities. 1000+ company's employees have been assisting residents.

On April 16th, the UAE experienced a record amount of precipitation in the past 75 years – 255mm, compared to the annual average of 80mm.

——

Siemens and the developer, Aldar, will deploy the UAE's first cloud-based smart district management system.

📍Abu Dhabi

The leading global electrical engineering company will supply smart management technologies for the community, Saadiyat Grove.

The project will represent the most significant investment globally in smart technology at a real estate development.

The system will offer:

▫️Control of Emission Reductions, Air Quality and Noise Levels
▫️Enhanced Safety and Security Through the Use of AI

Aldar plans to scale these advanced solutions across its portfolio.

#developers_news

Sources: Khaleej Times, Trade Arabia

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Sale | Apartment | $2,500,000

📍Downtown Dubai

Premium apartment in the 56-storey tower of the residential complex, The Address Residences Dubai Opera, by Emaar.

The kitchen is fully equipped with appliances. Panoramic windows offer stunning views of Burj Khalifa and The Dubai Fountain.

☑️Fully Furnished
☑️Balcony
☑️Study
☑️Maid Service
☑️Built-in Wardrobes
☑️2 Covered Parking Spaces

For Owners:

▫️Infinity Pool
▫️Gym and Spa
▫️Landscaped Terrace
▫️Kids' Play Area
▫️Restaurants and Cafes
▫️Security and Concierge 24/7

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

Agent: +971528757104

#secondary_market

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105 homes priced at $10 million+ sold in Dubai in Q1 2024

➤ This is 19% more than the same period 2023.

According to the consultancy firm, Knight Frank, in the first 3 months of 2024, the total value of premium real estate transactions in Dubai was $1.73 billion.

TOP 5 Areas:

1️⃣Palm Jumeirah – $628 million
2️⃣Jumeirah Bay Island – $191 million
3️⃣Dubai Hills Estate – $121 million
4️⃣Al Wasl – $112 million
5️⃣Palm Jebel Ali – $110 million

❗️In Dubai, $1 million secures 3 times more residential space than in London.

#real_estate_dubai

——

Arada Properties is expanding its megaproject in Sharjah.

📍Al Suyoh Suburb

The developer has signed contracts for the construction of the 4th phase of Masaar project, the premium community, Azalea.

Number of Units – 565
Value – $167 million

Benefits:

☑️70,000 Trees
☑️6.6km Cycleway
☑️Kids' Water Play Area
☑️Skate Park, etc.

🔑 Handover – Q4 2025

#developers_news

Sources: The National News, Gulf Business

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❕❕❕❕❕ Apartments and Townhouses in Valo

📍Dubai Creek Harbour

☑️700-metre Sandy Beach
☑️Yacht Club on Promenade
☑️6,000m² of Amenities
☑️4 Years Post-completion

35-storey building in a pedestrian-friendly community by Emaar. Picturesque views of the Dubai Creek and a park.

The open part of the green podium features pools with recreation areas, a gym, and a kids' playground. Convenient ferry and metro connectivity.

For Sale:

➤ Apartments

1 Bedroom – from 70m²
2 Bedrooms – from 100m²
3 Bedrooms – from 166m²

Prices: from $487,000

➤ Two-storey Townhouses

3 Bedrooms – 190m²

Prices: from $1,323,000

➡️All units have balconies and laundry rooms

Benefits:

☑️Spa and Wellness Centre
☑️Sports Grounds
☑️Gardens
☑️Yoga Area
☑️Picnic & BBQ Areas
☑️Game Rooms and Lounges

Payment Plan:

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

🔑 Completion – Q3 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Читать полностью…

Sale | Apartment | $1,800,000

📍Palm Jumeirah

Apartment in one of the three buildings of the premium waterfront complex, The Fairmont Palm Residence, with access to the 5* resort's amenities.

Each room offers spectacular sea views. Direct access to the beach.

☑️Fully Furnished
☑️Semi-open Kitchen
☑️Household Appliances
☑️Balcony
☑️Built-in Wardrobes
☑️Pets Allowed

➡️Service fee: $43 per m² per year

For Owners:

▫️Pools and Sauna
▫️Gym
▫️Health and Beach Clubs
▫️Restaurants and Cafes
▫️Landscaped Garden
▫️24/7 Security and Concierge

Rent is possible – $109,000 per year

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

Agent: +971523971052

#secondary_market

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For the third year in a row, the UAE topped the Global Entrepreneurship Monitor

➤ The world's leading report of the entrepreneurship conditions.

The UAE has surpassed major global economies with a record score of 7.7.

TOP 5 countries

1️⃣UAE
2️⃣India
3️⃣Saudi Arabia
4️⃣Lithuania
5️⃣Qatar

Also the UAE ranked:

▫️1st on the conducive environment for business
▫️3rd in terms of physical infrastructure

——

In March 2024, Ajman recorded 1,169 real estate transactions

➤ According to the Department of Municipalities and Transport (DMT).

In 2024, compared to 2023:

☑️Total Value of Transactions – $398 Million
☑️Total Number of Transactions ↑ by 49.9%

——

For the first time in the UAE, the UAE Pass can be used for Sharjah property deeds.

UAE Pass ➤ a digital identity card for UAE residents that gives online access to government services.

The Sharjah Real Estate Registration Department's service enables the downloading of ownership deeds through a mobile application.

According to the department, in 2023

➤ The volume of real estate transactions ↑ by 13.1% to $7.4 billion

❗️This is the highest figure since 2017

#news_uae

Sources: WAM, Arabian Business, Khaleej Times

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Dubai's TOP 5 Swimming Pools

1️⃣Deep Dive Dubai

☑️Depth: 60m

It set the Guinness World Record as the deepest pool.

The underwater city with sunken motorbikes, arcade machines, pool tables and cars is perfect for diving.

2️⃣One Za'abeel

☑️Length: 120m

The longest suspended pool in the world is set on top of The Link – the cantilever, connecting the 2 towers of the complex, at an altitude of 100m.

Panoramic views of the Dubai Skyline, Burj Khalifa and Zaabel Park.

3️⃣Aura Skypool Dubai

☑️Height: 210m

The world's highest 360° infinity pool. One of the most photographed places in Dubai is located on the 50th floor of The Palm Tower.

Panoramic views of Atlantis the Palm, Burj Al Arab and Ain Dubai.

4️⃣Address Beach Resort

☑️Height: 293.9m

Set the Guinness World Record as the world's highest outdoor infinity pool. On the 77th floor of the Address Beach Resort. Available for guests over 21 of age.

5️⃣SLS Dubai

☑️Height: 325m

According to Guinness World Records, the 2 highest outdoor overflow pools are on the 75th floor of the SLS Dubai Hotel.

Learn more about unexplored Dubai in the video on our YouTube channel ➤ Watch

#life_dubai

Source: The National News

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What You Need to Know About the Northernmost Emirate of the UAE

Ras Al Khaimah (RAK) is a coastal region with attractive investment opportunities.

🎰 It is the first emirate of the UAE which will boast a casino.

General Information

▫️Area: 2,478km²

▫️Landscape: from 64km of beaches and the UAE's highest mountain, Jebel Jais, to mangroves and deserts

▫️Population: 400,000 people in 2023 (37% are UAE citizens)

▫️Travel time to Dubai: 60 mins

Economy

The focus is on non-oil revenues. Free zones offer 100% foreign ownership, capital repatriation and zero taxes on imports and exports.

Tourism

By 2030, RAK plans to receive 3 million tourists per year. In the Emirate:

☑️Historical Monuments
☑️World's Longest Zipline, Jais Flight
☑️Golf Clubs with World-class Courses
☑️Largest Water Park in the UAE

Real Estate

RAK offers investors:

▫️Freehold
▫️Income Tax 0%
▫️High ROI Up to 12%

Currently, the prices for existing seaside properties are much lower than those in Dubai. However amidst a backdrop of record demand, prices experienced a surge➡️maximum +18.5% in 2023, compared to 2022.

Al Marjan Island

Key area for investment in 2024. The artificial archipelago will feature Wynn Casino with a 1,500-room hotel in 2027.

TOP 3 Projects

1️⃣Moonstone Interiors by Missoni

Residences from the Italian fashion house➡️from $351,000

2️⃣Address Residences Al Marjan Island

Residences from Emaar under the management of the Address Hotels + Resorts network➡️from $449,000

3️⃣Nikki Beach Residences & Rosso Bay Residences

Wellness residences from Aldar and 5* Nikki Beach Global hotel chain➡️from $479,000

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❕❕❕❕❕ Apartments in Riwa

📍Madinat Jumeirah Living

☑️Overlooking Burj Al Arab
☑️Unique Freehold Community
☑️Low-rise Buildings
☑️Developer – Meraas

Newest addition to the exclusive pedestrian-friendly community. Residential complex of 3 buildings set around a large recreation area with outdoor pools and landscaped gardens.

Spacious apartments feature maid's rooms, walk-in closets, laundries, and balconies.

For Sale:

➤ Apartments

1 Bedroom – from 67m²
2 Bedrooms – from 114m²
3 Bedrooms – from 185m²

➤ Penthouses

4 Bedrooms – from 408m²

Prices: from $640,000

Benefits:

▫️Gym
▫️Sky Gardens and Roof Terraces
▫️Sports Grounds
▫️Nursery
▫️Community Stores
▫️Kids' Play Areas

Payment Plan:

20% – On Booking
55% – During Construction
25% – On Handover

🔑 Handover – Q3 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

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We invite residents and guests of Bucharest to discuss the purchase of real estate in Dubai at a personal meeting with our experts

WHERE

📍The Marmorosch Bucharest, Autograph Collection

WHEN

April 19–21, 2024
10:00–19:00

WHAT WE'RE DISCUSSING

☑️How to become a UAE resident through property purchase

☑️How to receive passive income of 7%–12% per year

☑️How to sell real estate in Dubai profitably

WHAT ELSE?

▫️Showcasing of apartments and villas in Dubai from $150,000, including exclusive properties

▫️Projects with payment plans up to 8 years and capital appreciation up to 50%

▫️Residences from famous brands: Cavalli, De Grisogono, Ritz-Carlton, etc.

▫️Answers to any questions about life and investment in the UAE

It will be great to see you in Bucharest!

Register for the meeting➡️ @alexander_axcapital

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The developer, Sobha Group, has set up its second furniture factory

📍Dubai Industrial City

Sobha Furniture with an area of 50,000m² and an investment valued at $122.5 million will produce:

▫️Automobile and Aircraft Seats
▫️Soft and Cabinet Furniture
▫️Assembled and Flat-pack Furniture

The first developer's fabric is located in Abu Dhabi.

#developers_news

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One of the biggest commercial real estate transactions globally will be completed in the UAE.

📍DIFC

The companies, Lunate and Saudi Arabia's Olayan, have bought a 49% stake in the business centre, ICD Brookfield Place.

Each of the investment companies will own equal per cent of shares.

The current owners, Investment Corporation of Dubai (ICD) and Brookfield Corporation, will retain a 51% of equity, split equally.

The 53-story building is 98% leased at premium rents to:

☑️Multinational Corporations' Offices
☑️Global Financial Institutions
☑️Law Firms
☑️One of the Most Luxurious Private Members' Clubs, The Arts Club

#real_estate_dubai

Sources: Khaleej Times, The National News

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