Real estate | Dubai | AX CAPITAL

24 May 2024 12:33

Azizi Venice Opera House will become the second opera house in Dubai

The $8 billion project on the water will be a part of Azizi Venice community by Azizi Developments.

Features:

▫️2,000 Seats
▫️Gold Finishes
▫️Opera House Museum
▫️Views of Crystal Lagoon and Dancing Fountain

The audience will enjoy musicals, concerts, ballet, and private theatre productions.

#life_dubai

——

The most expensive penthouse in Burj Khalifa District was sold for record $37.8 million.

📍Business Bay

The 4-bedroom residence with an area of 1,542m² is located in The Lana Residences complex, managed by the hotel chain, Dorchester Collection.

Benefits:

☑️Panoramic Views of Dubai Canal and Downtown Dubai Skyline
☑️Interior Design by Studio, Gilles & Boissier

#real_estate_dubai

——

The region's largest pump track has opened in Abu Dhabi.

📍Masdar City

Spanning over 7,500m², the project features:

▫️Tracks for Bicycles, Scooters, Skateboards, and Rollerblades
▫️3 Tracks Totalling over 500m

The project is constructed in collaboration with a Swiss company, Velosolutions, using recycled construction waste.

#news_uae

Sources: Whatson, Gulf News, Gulf Business

Real estate | Dubai | AX CAPITAL

23 May 2024 13:04

High-net-worth individuals (HNWI) will invest $4.4 billion in Dubai real estate market

The survey by the consultancy firm Knight Frank included 317 individuals with a fortune of over $1 million.

Interested in purchasing a residence in Dubai:

▫️30% people with a net worth of $2–$7 million
▫️50% people with a net worth of $7–$15 million
▫️78% people with a net worth of $15 million+

Why they choose property in Dubai:

☑️High-quality Infrastructure
☑️Global Tourist Destination
☑️Wide Range of Real Estate Investment Options
☑️No Income Tax

TOP 5 criteria for selecting property in Dubai:

1️⃣Proximity to Parks and Green Spaces
2️⃣Proximity to Healthcare Centre
3️⃣Beach Access
4️⃣Sea Views
5️⃣Proximity to a Regional Mall

#real_estate_dubai

——

Dubai Quality of Life Strategy 2033 has been approved in Dubai.

It is aimed to raise economy and well-being. The strategy includes 200+ projects:

▫️20-minute City Concept
▫️New Generation of Parks
▫️8 Natural Wildlife Reserves
▫️Development of Beaches
▫️Cycling and Pedestrian Tracks
▫️Landscaping, etc.

#life_dubai

Sources: Knight Frank, The National News

Real estate | Dubai | AX CAPITAL

22 May 2024 12:37

❗️❗️❗️❗️❗️❗️ Apartments and Penthouses in Tiger Sky Tower

☑️World's Highest Residential Tower
☑️Fully Furnished with Kitchen Appliances
☑️7 Years Payment Plan (2 Years Post-handover)

📍Business Bay

Collection of premium residences in the 122-storey tower, featuring the world's tallest infinity pool, restaurant, and rainforest. Within walking distance – Dubai Canal and the marina, 10 mins to Dubai Mall.

Each duplex-penthouse has a private gym and a jacuzzi. The Royal Sky Penthouse boasts a private cinema, and spans over the 104th and 105th floors. 4 design styles are available.

For Sale:

➤ Apartments
1 Bedroom – from 81m²
2 Bedrooms – from 130m²
3 Bedrooms – from 168m²
4 Bedrooms – from 246m²
Prices: from $680,000

➤ Duplex Penthouses with 5 Bedrooms
➤ Royal Sky Duplex Penthouse with 5 Bedrooms
Areas and Prices: on Request

Benefits:

▫️Gym
▫️Pool, Jacuzzi, and Spa
▫️Jogging Tracks and Courts
▫️BBQ Area
▫️Cigar Lounge
▫️Kids' Playground

➡️Marble floors, kitchens and bathrooms, luxury chandeliers in all residences

Payment Plan:

20% – Down Payment
40% – During Construction
10% – On Handover
30% – Within 2 Years Post-handover

🔑 Handover – Q2 2029

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

21 May 2024 11:04

The most expensive residences in Ras Al Khaimah have been launched

📍Al Marjan Island

Luxe Developers has officially presented two ultra-luxury residences within the Oceano residential complex:

The Celeste – 7 bedrooms, 2,040m²
The Stellar – 6 bedrooms, 1,950m²

➡️Interiors by the world-renowned firm, Hirsch Bedner Associates

Each two-level penthouse, valued at $25 million, boasts:

☑️Infinity Pool
☑️420m² Terrace
☑️Gym
☑️Spa, Sauna and Hammam
☑️Snow Room
☑️Home Theatre

The residences offer direct access to a private beach and panoramic sea views.

🔑 Completion – Q3 2026

Source: Trade Arabia

#developers_news

——

Get information about available units in this project and buy them from us at AX CAPITAL:

📞+971521718769

✅ Agency commission – 0%

Real estate | Dubai | AX CAPITAL

20 May 2024 11:20

🔺 Residential Real Estate Market Price Dynamics

➤ In Dubai and Abu Dhabi for April 2024

According to the REIDIN Residential Property Price Indices

Dubai

➤ Sale

↑ Compared to March 2024, property sales price index increased by 2.13 points, from 117.87 to 120.00, an increase of 1.81%

↑ Compared to April 2023, prices increased by 20.72%

➤ Rent

↑ Compared to March 2024, property rent price index increased by 1.62 points, from 120.82 to 122.44, an increase of 1.34%

↑ Compared to April 2023, prices increased by 20.75%

Abu Dhabi

➤ Sale

↓ Compared to March 2024, property sales price index decreased by 0.06 points, from 85.87 to 85.81, a decrease of 0.07%

↑ Compared to April 2023, prices increased by 7.12%

➤ Rent

↑ Compared to March 2024, property rent price index increased by 0.74 points, from 75.79 to 76.53, an increase of 0.98%

↑ Compared to April 2023, prices increased by 8.49%

Source: REIDIN Data Analytics

#real_estate_dubai
#real_estate_abu_dhabi

Real estate | Dubai | AX CAPITAL

17 May 2024 16:10

How to Register a Rental Agreement in Dubai?

Ejari is a mandatory online system that registers all types of tenancy contracts in Dubai.

It was introduced by the Dubai Land Department (DLD) in 2007 to unify leasing contracts and protect the rights of both tenants and landlords.

❗️Since 2010, unregistered agreements have no legal validity.

Upon completion of the rental contract registration, the system generates an Ejari certificate, which features a unique number and a barcode. They are necessary when applying for:

▫️Water and Electricity (DEWA) Connection
▫️Telephone and Internet Connection
▫️Residence Visas, etc.

Where to Apply?

☑️Dubai REST and Dubai Now Apps
☑️Real Estate Service Trustees Centres
☑️DLD Website

Registration is required not only for the execution of a contract but also for the renewal and termination of lease agreements.

Required Documents

Ejari Registration

☑️Copies of the Landlord's and Tenant's Passports
☑️Landlord's and Tenant's Emirates ID
☑️Title Deed of the Rented Property
☑️Security Deposit Receipt
☑️Original Tenancy Contract
☑️Application Form

Ejari Renewal

☑️Documents Required for Registration
☑️Copy of Ejari Certificate

Ejari Cancellation

☑️Copies of the Landlord's and Tenant's Passports
☑️Landlord's and Tenant's Emirates ID
☑️Copy of the Tenancy Contract and Ejari Certificate
☑️Letter of Termination From the Property Owner
☑️No Objection Certificate by the Property Owner

Cost of Ejari Activation and Renewal

▫️Online: $27 + $5 Fees
▫️Offline: $58

Cost of Ejari Cancellation

▫️Online: for free
▫️Offline: $11

Without the previous Ejari cancellation the tenant will not be able to obtain a certificate for the new premises, and the landlord will face problems when settling other tenants.

AX CAPITAL’s Tenant Assist service will help you to move quickly and effortlessly ➤ +971521410653

Real estate | Dubai | AX CAPITAL

16 May 2024 16:13

❗️❗️❗️❗️❗️❗️ Apartments in LANA on the Park

☑️260,000m² of Green Area
☑️Prices from $225,000
☑️2 Years Payment Plan
☑️Self-sufficient Community

📍Town Square Dubai

Residential complex in a green area with many squares and parks. Everything for active recreation: sports grounds, splash pad, jogging and cycling tracks.

Comfortable family living in a couple of steps from nurseries, clinics, beauty services, 250 shops and supermarkets.

For Sale:

➤ 1 Bedroom – from 62m²
Prices: from $225,000
➤ 2 Bedrooms – from 90m²
Prices: from $341,000
➤ 3 Bedrooms – from 131m²
Prices: on request

➡️All units feature balconies, build-in wardrobes, and laundry rooms

Benefits:

▫️Pool with Leisure Areas
▫️Gym
▫️Paddle Tennis Court
▫️Cafes and Restaurants
▫️Dog Park and Grooming
▫️Kids' Play Grounds and Carousel

Payment Plan:

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

🔑 Handover – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

15 May 2024 16:24

Earn More with Exclusive Projects in Dubai

AX EXCLUSIVE manages an extensive and growing portfolio of exclusive developments in Dubai, working with all agents and agencies to advance their sales.

🔥 Our portfolio includes 13 exclusive projects to date, with a total value of more than AED 15 billion in the pipeline. Five of them are already 100% SOLD OUT.

We invite external agents for cooperation, and we offer:

☑️Commission 4%–6%
☑️Speedy 72-hour Payment Terms
☑️Referral Schemes

The AX EXCLUSIVE team takes over the entire project management process for the developer, as well as full client administration, which include:

▫️VR Solutions for Client Presentations
▫️Premium Cars for Your Client Meetings
▫️Luxury Meeting Spaces

You could find out more at our new social media pages.
Subscribe➡️

Instagram
LinkedIn

Real estate | Dubai | AX CAPITAL

14 May 2024 16:24

❗️❗️❗️❗️❗️❗️ Apartments and Villas in Aston Martin Residences

☑️Interior Design by Sports Car Brand
☑️5 Mins to Wynn Casino
☑️Private Beach
☑️4.5 Years Payment Plan

📍Al Marjan Island

First branded residences by a British luxury car manufacturer in the Gulf Cooperation Council (GCC) countries. The exclusive collection of apartments and beach villas by the sea from the developer, Dar Global.

For Sale:

➤ Apartments
1 Bedroom – from 62m²
Average Price: $490,000

2 Bedrooms – from 91m²
Average Price: $817,000

3 Bedrooms – from 208m²
Average Price: $1,824,000

➤ Villas
3 Bedrooms – from 227m²
Average Price: $2,287,000

Service Charge: $53–$59 per m² per year

Benefits:

▫️Infinity Pool
▫️Spa and Fitness Centre
▫️Yoga Lawns
▫️Indoor Cinema
▫️Multipurpose Hall
▫️Kids' Play Area

Payment Plan:

80% – During Construction
20% – On Completion

🔑 Completion – Q4 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

13 May 2024 16:22

❕❕❕❕❕ Villas in Palmiera 2 – The Oasis by Emaar

☑️All Units with Water Stream Vistas
☑️Crystal Lagoon and Sandy Beach
☑️4 Years Payment Plan

📍Dubailand

Collection of resort-style villas from Dubai's leading developer. 3 types of layouts and exterior design: Classic, Contemporary, and Chamfered.

Water canals weave through the community, while lush gardens and linear park's greenways provide a space for relaxation, walking and jogging, as well as for kids' play areas.

For Sale:

➤ 4 Bedrooms – from 543m²
Average Plot Area – 787m²
Prices: from $2,500,000

➡️All villas feature ground floors and rooftop terraces

Benefits:

▫️Over 1.5km-long Park
▫️Community Centre
▫️Swimming Pools
▫️Gym
▫️Spa and Wellness Centre
▫️Cafes and Restaurants

Payment Plan:

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

🔑 Completion – Q2 2028

Leave a request: +971521718769

✅Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

11 May 2024 16:11

Sale | Apartment | $1,300,000

📍Dubai Hills Estate

Fully upgraded apartment in a residential complex, Acacia, by Emaar. The wrap-around balcony provides spectacular views of the Dubai Skyline. Panoramic windows and wooden floors in every room.

🌳 Direct access to Dubai Hills Park

☑️Fully Furnished
☑️Open Kitchen with an Island
☑️Household Appliances
☑️Maid's Room
☑️Smart Home System
☑️Pets Allowed

➡️Service Charge: $50 per m² per year

In the residence:

▫️Swimming Pool
▫️Gym
▫️Sauna and Steam Room
▫️Multipurpose Hall
▫️Kids' Play Area
▫️24/7 Concierge and Security

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

Agent: +971522353445

#secondary_market

Real estate | Dubai | AX CAPITAL

10 May 2024 11:01

Future of Al Maktoum International Airport (DWC)

In April 2024, the Dubai Government approved plans to build a passenger mega terminal at DWC at a cost of ~$35 billion.

DWC Now

☑️Opened for freight transport since 2010, for passenger flights since 2013.

☑️Named after Maktoum bin Rashid Al Maktoum, the former ruler of Dubai.

☑️Located in the south of the city in Dubai South, 45km from Dubai International Airport (DXB).

☑️Accepts cargo and passenger flights of 10+ airlines: Air Poland, China Southern Airlines, S7, Utair, etc.

☑️Has one runway and 12 boarding gates. Registration is quick due to low passenger traffic and lack of queues.

Plans

The construction of a new passenger terminal will scale up the airport's capacity to 260 million passengers per year, which is the highest in the world.

▫️Area – 70 km², 5 times larger than DXB airport
▫️5 runways and 400 gates

DWC would feature an automated people mover system for passengers, and an integrated landside transport hub for roads, Metro, and city air transport.

DXB will continue to operate as a hub within 10 years that DWC is being built. It will serve 100 million+ passengers and then will be closed.

Property at DWC

Plans are underway to build an entire city for 1 million people around the new airport. It will host the world's leading logistics and air transport companies.

Demand is expected to reach 100,000+ properties over the next decade.

According to experts, the increase in property prices in Dubai South in 2024 will reach➡️10%–15%. Prices would rise faster when the airport is renovated.

Real estate | Dubai | AX CAPITAL

08 May 2024 12:00

❕❕❕❕❕ Apartments in Mangrove

☑️700-metre Beach in Walking Distance
☑️Yacht Club on the Waterfront Promenade
☑️2 Years Payment Plan

📍Dubai Creek Harbour

Residential complex comprising two mid-rise buildings within a family-oriented community by Emaar. Splendid views of lush greenery.

The courtyard features numerous recreation spaces: a swimming pool, picnic and BBQ areas, an outdoor cinema, and kids' playgrounds.

For Sale:

➤ 1 Bedroom – from 57m²
Prices: from $403,000

➤ 2 Bedrooms – from 92m²
Prices: from $629,000

➤ 3 Bedrooms – from 138m²
Prices: from $950,000

➡️All units have balconies and laundry rooms

Benefits:

▫️Gym
▫️Cycling and Jogging Paths
▫️Parks and Landscaped Gardens
▫️Restaurants and Shops
▫️Co-working
▫️The Viewing Point

Payment Plan:

10% – On Booking
70% – During Construction
20% – On Completion

🔑 Completion – Q3 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

07 May 2024 11:40

Last Month Bestseller Projects

According to the Dubai Land Department data:

➤ In April 2024, 11,700 property transactions worth $8.8 billion were completed in Dubai.

Property deals show 45% volume ↑ and 23% value ↑ compared to April 2023.

38% ➤ 4,489 transactions worth $5 billion – Existing Properties

62% ➤ 7,211 transactions worth $3.8 billion – Off-plan Properties

Compared to April 2023:

➤ Existing volume ↑ by 7.5% (the value didn’t change)

➤ Off-plan volume ↑ by 85%, the value ↑ by 73%

TOP Residential Projects by Sales Value

Apartments

1️⃣Address Residences Zabeel – $918 million
2️⃣Sobha One – $180 million
3️⃣Parkside Hills – $160 million
4️⃣Keturah Resort – $125 million
5️⃣Oceanz by Danube – $73 million

Villas and Townhouses

1️⃣Expo City Valley – $61 million
2️⃣Haven by Aldar – $41 million
3️⃣The Woodland Residences – $26 million
4️⃣The Beachfront Villas by Ellington – $25 million
5️⃣Amara, Tilal Al Ghaf – $24 million

1st Place by Sales Volume

Apartments – Address Residences Zabeel
Villas and Townhouses – Haven by Aldar

#real_estate_dubai

Source: Dubai Land Department

Real estate | Dubai | AX CAPITAL

06 May 2024 11:08

〽〽〽〽〽 Apartments in La Boutique

☑️On the Shore of Dubai Creek
☑️10 mins – Dubai Mall
☑️Prices from $191,000

📍Al Jaddaf

15-storey residential complex in a bustling area of Dubai from the developer, LMD. Convenient access to the waterfront promenade with two parks, D-Marin, and Jameel Arts Centre.

Investment opportunity with excellent value for money.

For Sale:

➤ Studios – from 45m²
Prices: from $191,000

➤ 1 Bedroom – from 46m²
Prices: from $231,500

➤ 2 Bedrooms – from 80m²
Prices: from $380,000

➤ 3 Bedrooms – from 101m²
Prices: from $449,000

Benefits:

▫️Swimming Pool
▫️Gym
▫️Cafes and Restaurants
▫️Kids' Play Area
▫️Landscaped Leisure Deck
▫️4-level Underground Parking

Payment Plan:

10% – On Booking
10% – Upon SPA Signing
40% – During Construction
40% – On Handover

🔑 Handover – Q2 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

23 May 2024 17:43

❗️❗️❗️❗️❗️❗️ Townhouses in Riverside

☑️Beach and Lazy River
☑️20+ Amenities for Recreation and Health
☑️3.5 Years Payment Plan

📍Dubai Investment Park

Collection of 2 and 3-storey townhouses surrounded by parks and lakes. A unique infrastructure is within walking distance: floating opera and cinema, splashy climbing wall, proposal deck, hydroponic farms, and essential oil lakes.

Each 3-storey townhouse features a spacious rooftop terrace and a maid's room. All the units have balconies and parking for 2 cars.

For Sale:

➤ 4 Bedrooms – from 213m²
Plot – 144m²
Prices: from $542,000

➤ 5 Bedrooms – 316m²
Plot – 237m²
Prices: from $866,000

Benefits:

▫️Clubhouse
▫️Gym and Fitness
▫️Floating Courts and Water Sports
▫️Zen Spa and Meditation Areas
▫️Floating Restaurants
▫️Kids' Playgrounds and Adventure Land

Payment Plan:

Receipts for EOI request ➤ from $27,000

75% – During Construction
25% – On Completion

🔑 Completion – Q4 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

22 May 2024 16:18

Sale | Duplex | $4,000,000

📍Downtown Dubai

Premium 2-storey apartment in the 59-storey tower, The Address Residence Fountain Views 1, by Emaar. 5* services from the renowned hotel chain, Address Hotels + Resorts.

Each room provides magnificent views of Burj Khalifa and The Dubai Fountain.

☑️Fully Furnished
☑️Semi-closed Kitchen
☑️Household Appliances
☑️Balconies
☑️Walk-in Closet
☑️Maid's Room

For owners:

▫️Swimming Pool
▫️Gym and Spa
▫️Basketball Court
▫️Event Spaces
▫️Restaurants and Cafes
▫️Kids' Club

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

Agent: +971588226008

#secondary_market

Real estate | Dubai | AX CAPITAL

21 May 2024 16:30

❗️❗️❗️❗️❗️❗️ Apartments and Penthouses in The Waterway by Prestige One

☑️Direct Access to the Beach
☑️Opposite to Ras Al Khor Wildlife Sanctuary
☑️10 Mins to Dubai Mall
☑️New Community

📍Meydan Horizon, MBR City

22-storey building nestled amidst lagoons and lush greenery. Within walking distance – parks, hospitals, schools, and nurseries.

The rooftop of the complex features a swimming pool, a gym, leisure and BBQ areas. Some units boast private pools on the balconies or terraces.

For Sale:

➤ Apartments
1 Bedroom – from 55m²
Prices: from $517,000
2 Bedrooms – from 88m²
Prices: from $572,000

➤ Penthouses
4 Bedrooms – from 325m²
Prices: from $3,540,000

Benefits:

▫️Rock Climbing Wall
▫️Outdoor Cinema
▫️Lounge Areas
▫️Water Features
▫️Retail Outlets

➡️All units have Siemens household appliances and walk-in closets

Payment Plan:

Receipts for EOI request ➤ $11,000

65% – During Construction
35% – On Handover

🔑 Handover – Q1 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

20 May 2024 16:33

❗️❗️❗️❗️❗️❗️ Apartments, Villas, and Penthouses in One by Binghatti

☑️Direct Access to the Waterfront Promenade
☑️Burj Khalifa and Marina Views
☑️High Rental ROI
☑️10 Mins to Dubai Mall

📍Business Bay

Premium residences on one of the last available off-plan plots in Business Bay. The complex boasts 61 residential floors and 3 floors dedicated to amenities. The resort-style podium offers pools, recreation areas, tennis courts, and kids' playground.

Apartments with 1 bedroom, villas, and penthouses feature private pools on expansive balconies or terraces.

For Sale:

➤ Apartments
Studios – from $463,000
1 Bedroom – from $681,000
2 Bedrooms – from $1,100,000
3 Bedrooms – from $1,906,000

➤ Villas
3 Bedrooms – $2,723,000

➤ Penthouses
4 Bedrooms – $3,812,000

Service Charge: $53–$59 per m² per year

➡️Smart home system and sustainable technologies

Benefits:

▫️Gym
▫️Wellness Centre
▫️Basketball Court
▫️Retail Outlets
▫️Underground Parking
▫️24/7 Concierge and Security

Payment Plan:

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

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

18 May 2024 11:11

Sale | Apartment | $3,400,000

📍Downtown Dubai

Premium apartment in the 65-storey tower, The Address Residence Fountain Views 2, by Emaar. Part of exclusive Sky Collection. 5* services from the renowned hotel chain, Address Hotels + Resorts.

The spacious balcony provides breathtaking views of Burj Khalifa and The Dubai Fountain.

☑️Fully Furnished
☑️Semi-closed Kitchen
☑️Household Appliances
☑️Walk-in Closet
☑️Maid's Room
☑️Built-in Wardrobes

➡️Service Charge: $82 per m² per year

For owners:

▫️Swimming Pool
▫️Gym and Spa
▫️Event Spaces
▫️Restaurants and Cafes
▫️Kids' Club
▫️24/7 Concierge and Security

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

Agent: +971521949965

#secondary_market

Real estate | Dubai | AX CAPITAL

17 May 2024 12:16

The UAE Cabinet has approved a residence visa for exceptional contributions in protecting the environment

Long-term Blue Residency will be granted to:

▫️Members of International Companies and Non-governmental Organisations
▫️Distinguished Activists and Researchers
▫️Award Winners

The goal is to attract international experts specializing in environmental protection and sustainable technologies.

The initiative is in line with the goals of the COP28 summit, which are aimed at combating climate change.

This is the second UAE residence visa, alongside the Golden Visa, that can be obtained for 10 years.

#law_uae

——

Dubai's private developers are planning to tighten regulations for cash real estate investments.

❗️The cash payment threshold for transactions will be limited to $15,000.

The goal is to counter money laundering and ensure transparency of the real estate market.

Two of Dubai's premier master-developers have already implemented the plan, and it is anticipated to be extended to others.

In 2022, reporting requirements were introduced for transactions exceeding $15,000.

#real_estate_dubai

Sources: The National News, Gulf News

Real estate | Dubai | AX CAPITAL

16 May 2024 12:31

❗️❗️❗️❗️❗️❗️ Simplexes and Duplexes in Kempinski Marina Residences

☑️Views of the Sea and Golf Course
☑️Direct Access to the Waterfront Promenade
☑️Premium Finishes and Household Appliances
☑️7 Years Payment Plan (2.5 Years Post-handover)

📍Dubai Marina

Exquisite collection of expansive simplexes and duplexes by one of the oldest luxury hotel chains. The green podium features adult and kids' pools, zen garden, recreation and BBQ areas.

All units boast spacious balconies with vertical gardens. Some duplexes feature private pools.

For Sale:

Simplexes
➤ 1 Bedroom – from 105m²
Prices: from $599,000
➤ 2 Bedrooms – from 153m²
Prices: from $871,000

Duplexes
➤ 2 Bedrooms – from 186m²
Prices: from $1,076,000
➤ 3 Bedrooms – from 283m²
Prices: from $1,824,000
➤ 4 Bedrooms – from 606m²
Prices: on request
➤ 5 Bedrooms – from 1174m²
Prices: on request

Service Charge: $73 per m² per year

➡️Marble floors, Miele and Siemens kitchen appliances, smart home system

Benefits:

▫️Gym
▫️Jogging Track
▫️Paddle Tennis Court
▫️Yoga Zones
▫️Private Cinema and Lounge
▫️Indoor Kids' Club and Play Areas

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

Payment Plan:

Receipts for EOI request ➤ $14,000

55% – During Construction
10% – On Handover
35% – Within 30 Months Post-handover

🔑 Handover – Q4 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

15 May 2024 11:10

Sale | Penthouse | $10,300,000

📍Western Crescent of Palm Jumeirah

Exclusive penthouse in the premium complex, W Residences, with direct beach access. The open layout offers future owners the opportunity to customize the interior according to their preferences.

A spacious terrace and panoramic windows provide breathtaking views of the bay. Service and unlimited access to the amenities of the hotel, W Dubai – The Palm.

☑️Open and Closed Kitchens
☑️Household Appliances
☑️Study
☑️Walk-in Closet
☑️Built-in Wardrobes
☑️Maid Service

For owners:

▫️Infinity Pools
▫️Residential Club
▫️Cinema
▫️Picnic and BBQ Area
▫️Tennis Court
▫️Kids' Playground

❗️The penthouse is vacant and ready to move in.

Agent: +971521231863

#secondary_market

Real estate | Dubai | AX CAPITAL

14 May 2024 12:09

Saadiyat Island topped the ranking of Middle Eastern beaches for the 11th year in a row

➤ At the World Travel Awards Middle East 2024.

Besides white sandy beaches the island offers:

▫️Wildlife Sanctuaries
▫️5* Resorts
▫️Louvre Abu Dhabi and Manarat Al Saadiyat
▫️World-class Wellness Centres

——

Dubai and Abu Dhabi have been ranked among 5 most popular cities globally for professionals to relocate to

➤ According to the report by the management consultancy, Boston Consulting Group.

The company analysed the work preferences of 150,000 people in 188 countries.

TOP 3

1️⃣London
2️⃣Amsterdam
3️⃣New York

——

Air taxis will be launched in Ras Al Khaimah.

The authorities have signed a memorandum of understanding (MoU) with Skyports infrastructure to develop a network of vertiports.

In 2027, the network will connect key areas, including:

☑️Al Marjan Island
☑️Al Hamra
☑️Jebel Jais

The air taxi will reduce journey times:

Al Marjan Island➡️Jebel Jais from 70 mins to 20 mins

#news_uae

Sources: Time Out Dubai, National News, Trade Arabia

Real estate | Dubai | AX CAPITAL

13 May 2024 12:47

The luxurious complex by Japanese architects will be constructed in Ras Al Khaimah

Aark Developers has announced the launch of the project next to Wynn Casino, SORA Beach Residences, with an area of 186,000m².

▫️Architecture – Japanese firm, Nikken Sekkei, known for One Za'abeel
▫️Interior Design – London-based studio, Shalini Misra

Each apartment and villa will boast panoramic sea views. The atrium lobby will feature a striking 43m-high arch.

50+ amenities for residents:

☑️300-metre Private Beach
☑️Rooftop Infinity Pool
☑️Gym and Spa
☑️Shopping Centre, Cafes, and Restaurants

🔑 Completion – Q4 2026

——

The developer, Arada, and the hotel chain, Minor Hotels, have launched a residential complex, Anantara Sharjah Residences.

📍Sharjah

128 fully furnished branded residences housed within the grounds of the 5* hotel complex, Anantara Sharjah Resort.

Premium design and household appliances in apartments and penthouses. The duplex penthouses will boast private pools with sea views.

Benefits:

☑️3.5km Beach
☑️Infinity Pools
☑️Anantara Spa Wellness Centre
☑️5 Restaurants
☑️Kids' Club

Completion – Q4 2027

#developers_news

Sources: Arabian Business, Trade Arabia

Real estate | Dubai | AX CAPITAL

11 May 2024 11:26

New Visa Requirements for Purchasing Off-plan Properties in Dubai

If the buyer owns a property valued $545,000 or more, but the construction progress is lower than 50% ➤ the buyer is not yet eligible to obtain the UAE Golden Visa.

🔥 Now, instead of the Golden Visa, you can apply for the Investor Visa for 2 years, regardless of the construction progress.

Condition: at least $102,000 must be paid.

Thus:

Property cost is $545,000, construction progress is from 50% ➤ You are eligible for the 10-year Golden Visa

Property cost is $545,000, construction progress is 0%–50%, and $102,000 is paid ➤ You are eligible for the 2-year Investor Visa

❗️Once the construction progress will reach 50% or above, an upgrade to the UAE Golden Visa is not available. It is necessary to cancel the Investor Visa and submit a new application for the UAE Golden Visa.

AX CORPORATE offers a free service ➤ find out whether you meet the criteria for the UAE Golden Visa.

——

To learn more about the service and apply for a residence visa, contact AX CORPORATE:

📞 +971557961368

Real estate | Dubai | AX CAPITAL

08 May 2024 16:01

Sale | Apartment | $2,300,000

📍Bluewaters Island, 5 mins to Dubai Marina

Fully upgraded apartment located in the prestigious waterfront community, Bluewaters Residences. The balcony boasts stunning views of the sea, lush green courtyard, and the pool.

☑️Fully Furnished
☑️Open Kitchen with an Island
☑️Household Appliances
☑️Maid's Room
☑️Panoramic Windows
☑️Build-in Wardrobes

In the community:

265-metre pedestrian bridge connecting the island to the JBR beach

▫️Swimming Pools
▫️Gym
▫️Basketball Courts
▫️Cafes and Restaurants
▫️Kids' Playgrounds
▫️24/7 Concierge and Security

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

Agent: +971528757023

#secondary_market

Real estate | Dubai | AX CAPITAL

07 May 2024 17:57

❗️❗️❗️❗️❗️❗️ Apartments and Villas in SHA Residences Emirates

☑️Elite Clinic and Spa Resort
☑️Direct Access to Private Beaches
☑️Marinas and Helipad

📍Al Jurf

Premium apartments and villas on the island situated between Dubai and Abu Dhabi. Health programs by the renowned integrative medicine centre, SHA Wellness Clinic. Services of doctors, trainers, nutritionists, and chefs.

Residents can enjoy a plenty of unique spaces: from the Healthy Nutrition Pavilion and hydrotherapy spa to the yacht-club with water sports, and restaurants featuring organic cuisine.

For Sale:

➤ Apartments
1 Bedroom – from 149m²
2 Bedrooms – from 274m²
3 Bedrooms – from 322m²
4 Bedrooms – from 773m²
Prices: from $1,280,000

➤ Villas
4 Bedrooms – from 880m²
5 Bedrooms – from 1,000m²
6 Bedrooms – from 1,277m²
7 Bedrooms – from 1,866m²
Prices: from $8,169,000

➡️Fully equipped kitchens and bathrooms. Furniture and interior design packages – on request.

Benefits:

▫️Beach Club
▫️Infinity Pool
▫️Gym and Sports Courts
▫️Yoga and Pilates
▫️Cinema
▫️Kids' Play Areas

Also for owners: access to the SHA Privileged Special Benefits Program, Membership in the select SHA Residences Owners Club

🔑 Completion – 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

06 May 2024 16:48

❕❕❕❕❕ Apartments in Jade Tower

☑️Expected ROI 6%–8%
☑️5 mins to IMG Worlds of Adventure
☑️Prices from $145,000

📍Majan

33-storey tower in a new low-rise community. All units have balconies overlooking the lush green spaces of Al Barari. The open part of the landscaped podium boasts a swimming pool with leisure areas and a kids' playground.

For Sale:

➤ Studios
Prices: from $145,000

➤ 1 Bedroom – from 69m²
Prices: from $272,000

➤ 2 Bedrooms – from 99m²
Prices: from $358,000

Benefits:

▫️Gym
▫️Saunas
▫️Running and Walking Track
▫️Cafes and Shops
▫️Underground Parking

Payment Plans:

Studios

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

1-2-bedroom Apartments

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

🔑 Handover – Q1 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

04 May 2024 15:51

Is Dubai Real Estate Market Affected by the Flood?

In April 2024, Dubai experienced the heaviest rainfall in 75 years. In our new video, Sam Ayache, Sales & Leasing Director at AX CAPITAL, explains why Dubai stays the best option to invest in, despite any force majeure.