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Real estate investments UAE, Dubai ➤ Express news ➤ Project announcements ➤ Market analytics 🔑 Featured listings (sale/long-term rent) We write dynamically, objectively, and clearly. AX CAPITAL Real Estate Agency ⤵️ www.axcapital.ae

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Real estate | Dubai | AX CAPITAL

The developer, Wasl, has announced the start of sales of the third phase of the premium project, One B Tower

📍Sheikh Zayed Road

In the 48-storey skyscraper:

▫️1–5 bedroom Apartments
▫️Duplexes
▫️Penthouses

Returns of the sales of the project will be dedicated to funding of Dubai's One Billion Meals Endowment campaign. It aims to provide a food safety network around the world.

#news_uae

——

The official opening of Reem Mall worth $1.3 billion has been announced in Abu Dhabi.

📍Al Reem Island

In the shopping centre with an area of 186,000m²:

▫️20 Attractions
▫️Over 480 Cafes and Retail Stores
▫️The Largest Snow Park in the Region, Snow Abu Dhabi

#news_abu_dhabi

——

GEMS Founders School - Dubai South, the first British school in the area, will open in 2024.

The school with an area of 23,000m² will feature:

▫️National Curriculum for England
▫️Sports Grounds and 25m Swimming Pool
▫️Spacious Classrooms and Modern Laboratories

🔑 Completion – Q3 2024

#life_dubai

Sources: Trade Arabia, Arabian Business, Khaleej Times

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Real estate | Dubai | AX CAPITAL

Rent | Apartment | $368,000 per year

📍Palm Jumeirah

Luxury apartment with direct beach access in the 5* resort complex, FIVE Palm Jumeirah. First-class service from the hotel chain, FIVE Hotels & Resorts.

Access to a spacious outdoor terrace with breathtaking views of the sea and the Dubai Skyline from each room. Private swimming pool with leisure areas.

☑️Fully Furnished
☑️Semi-closed Kitchen
☑️Household Appliances
☑️Maid Service
☑️Panoramic Windows
☑️Pets Allowed

In the residence:

▫️Swimming Pool
▫️Gym and Spa
▫️Beach Club
▫️BBQ Area
▫️24/7 Concierge and Security
▫️Kids' Playground

❗️The apartment is vacant and ready to move in.

Agent: +971528563410

#longterm_rent

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Real estate | Dubai | AX CAPITAL

▫️ AX CAPITAL AT DAMAC BROKER AWARDS Q1

This week, the DAMAC Properties award ceremony took place at The Ritz Carlton DIFC.

One of Dubai's largest real estate developers highly appreciated the work of AX CAPITAL in Q1 2024.

We express our gratitude to DAMAC Properties for the reliable partnership, and our clients for their trust. We are proud of the AX team's professionalism and wishing them new achievements!

#ax_news

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Real estate | Dubai | AX CAPITAL

Acube Developments has announced a premium project in Dubai, Electra

📍JVC

The 39-storey building, named after the giant star in the constellation of Taurus, includes 278 fully furnished apartments:

➤ Studios
➤ Apartments with 1, 2 and 3 bedrooms
Prices: from $204,000

➡️Three furniture design options to choose from

Each residence features a smart home system, Bosch appliances and Roca sanitary. Units with 2 bedrooms have spacious terraces with private pools.

50+ amenities for sports and recreation:

▫️Pools and Jacuzzi
▫️Gym and Yoga
▫️Sauna and Steam Rooms
▫️Mini Golf and Bowling
▫️Picnic and BBQ Areas
▫️Kids' Playgrounds and Cinema

🔑 Completion – Q2 2027

Source: Khaleej Times

#developers_news

——

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

📞+971521718769

Agency commission – 0%

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Real estate | Dubai | AX CAPITAL

Apartments in Rove Home Aljada

☑️63 Branded Residences
☑️Fully Furnished
☑️Sharjah Leading Developer – Arada
☑️Perfect for Rental

📍Aljada, Sharjah

Serviced apartments by the famous hotel chain, Rove Hotels, offering views of the entertainment complex, designed by Zaha Hadid Architects.

Within walking distance – Arada Central Business District, restaurants and shops, parks, schools and drive-in cinema.

For Sale:

➤1 Bedroom – from 71m²
Prices: from $416,000
➤ 2 Bedrooms – 134m²
Prices: from $742,000
➤ 3 Bedrooms – from 173m²
Prices: from $911,000

Service Charge: $35–$44 per m² per year

➡️Balconies and walk-in closets in all units

Benefits:

▫️Swimming Pools and Jacuzzi
▫️Gym and Yoga
▫️Sauna and Steam Room
▫️Sports Grounds
▫️Running Track
▫️Kids' Play Area

Also for residents: 24/7 concierge, doorman and à la carte services such as dry cleaning and childcare

Payment Plan:

5% – Down Payment
40% – During Construction
55% – On Completion

🔑 Completion – Q2 2026

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

➤ Episode №7 – Dubai Entertainment Options Opened in 2023-2024

The world's first amusement park from the Real Madrid football club or the longest infinity-pool in the UAE: Dubai has lots of venues promising unforgettable thrills for all.

Be ready to experience the brand-new locations with AX CAPITAL!

⏳ Watch time: 4 mins

Find this and other videos on our YouTube channel ➤ Watch

#ax_view

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Real estate | Dubai | AX CAPITAL

Apartments and Penthouses in Dubai Harbour Residences

☑️Private Sandy Beach
☑️Direct Access to Yacht Club
☑️Sheikh Zayed Road – 3 Mins
☑️Mid-rise Complex

📍Dubai Harbour

Collection of exquisite residences in a beachfront complex of two buildings. Panoramic views of the sea and Ain Dubai.

Prime location featuring developed infrastructure: waterfront promenade, restaurants, retails outlets, beach clubs, etc.

▫️Architecture – Japanese Bureau, Nikken Sekkei

For Sale:

➤ Apartments
1 Bedroom – 88m²
2 Bedrooms – 188m²
3 Bedrooms – 241m²
4 Bedrooms – 443m²
Prices: from $1,100,000

➤ Penthouses
Areas and Prices: on Request

➡️Spacious balconies in all units. Apartments with 4 bedrooms have wrap-around balconies

Benefits:

▫️Rooftop Infinity Pool
▫️Gym and Yoga
▫️Sauna and Steam Room
▫️Lounges
▫️Beauty Services
▫️Kids' Play Area and Pool

Payment Plan:

5% – Down Payment
15% – Upon SPA Signing
40% – During Construction
40% – On Handover

🔑 Handover – Q4 2027

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ Apartments, Duplexes and Townhouses in Topaz Residences

☑️Beach Community
☑️Prices from $259,000
☑️800m Seaside Promenade

📍Maryam Island

The 13-storey complex is situated in downtown, 4 mins to Expo Centre Sharjah and 20 mins to Burj Khalifa. Within walking distance – several beaches and a 4,000m² park featuring sports courts, walking and jogging trails.

5 luxury townhouses have walk-in closets and maid's rooms.

For Sale:

➤ Apartments
1 Bedroom – from 69m²
2 Bedrooms – from 102m²
3 Bedrooms – from 154m²
4 Bedrooms – 242m²

➤ Duplexes
4 Bedrooms – from 224m²

➤ Townhouses
3 Bedrooms – 227m²
4 Bedrooms – 259m²

➡️Balconies or terraces in all units

Benefits:

▫️Swimming Pool
▫️Gym
▫️Landscaped Podium
▫️Lounges
▫️Retail Outlets and Restaurants
▫️Kids' Play Area and Pool

Payment Plan:

10% – Down Payment
20% – During Construction
70% – On Handover

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ Apartments in Skyscape Avenue Tower B

☑️Crystal Lagoon
☑️Sandy Beach
☑️Premium Sobha Quality

📍Sobha Hartland II

58-storey building in a luxurious residential complex of three towers surrounded by lush greenery. An array of amenities crafted for residents' recreation: jacuzzi, zen garden, library, game and music rooms.

Some units feature a library and a maid's room. All the units have balconies.

For Sale:

➤ 1 Bedroom – from 69m²
Prices: from $462,000
➤ 1 Bedroom + Study – from 73m²
Prices: from $512,000
➤ 2 Bedrooms – from 87m²
Prices: from $598,000
➤ 2 Bedrooms + Study – from 105m²
Prices: from $709,000
➤ 3 Bedrooms – from 145m²
Prices: from $1,100,000

➡️Service Charge: $44 per m² per year

Benefits:

▫️Rooftop Infinity Pool
▫️Gym and Yoga Zone
▫️Sauna and Steam Room
▫️Sports Courts
▫️Recreation and BBQ Areas
▫️Kids' Playgrounds

Payment Plan:

20% – On Booking
40% – During Construction
40% – On Сompletion

🔑 Completion – Q4 2028

Leave a request: +971521718769

Agency commission – 0%

#new_launch

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Real estate | Dubai | AX CAPITAL

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

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Real estate | Dubai | AX CAPITAL

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

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ 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

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Real estate | Dubai | AX CAPITAL

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%

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Real estate | Dubai | AX CAPITAL

🔺 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

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Real estate | Dubai | AX CAPITAL

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

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Real estate | Dubai | AX CAPITAL

RAK Properties has launched an elite yacht-style project, EDGE

📍Mina Al Arab, Ras Al Khaimah

The 11-storey complex on Raha Island with direct beach access will include 237 exquisite residences:

➤ Studios
➤ 1 and 2-bedroom Apartments
➤ 2-bedroom Penthouses

Areas: from 35m²
Prices: from $204,000

The green podium will feature an infinity pool with bars, lounge areas, and panoramic views of the marina.

➡️Each residence will have a balcony and kitchen appliances

Benefits:

▫️Gym
▫️Yoga and Fitness
▫️Club House
▫️BBQ Area
▫️Retail Outlets and Restaurants
▫️Kids' Club

The developer has entered into a strategic agreement with Ras Al Khaimah Economic Zone (RAKEZ), which aims to support the UAE Golden Visa applications.

🔑 Completion – Q2 2027

Source: Construction and Business News

#developers_news

——

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

📞+971521718769

Agency commission – 0%

Читать полностью…

Real estate | Dubai | AX CAPITAL

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

▫️News

100 million mangrove trees will be planted in Dubai
Dubai real estate market results in April
New UAE's 10-year Blue Residency visa
Real estate prices growth in April
Most expensive residences in Ras Al Khaimah
Millionaires choose homes in Dubai
Abu Dhabi real estate market results in Q1

▫️AX News

Explore AX EXCLUSIVE
AX CAPITAL at DAMAC BROKER AWARDS Q1

▫️Useful

Investor's guide: Ajman
Investor's visa: easier to obtain
What is Ejari
Cost of living in Dubai
Investor's guide: Sharjah

▫️Interesting

Dubai airport will be the largest in the world

▫️Projects

Apartments:

Residential complex on the shore of Dubai Creek
Fully furnished apartments from $145,000
Emaar complex 5 mins walk to the beach
Branded residences by Aston Martin
Simplexes and duplexes by the hotel chain, Kempinski
Residential complex with views of the park
High-rise tower on the bank of the Dubai Canal
Apartments with crystal lagoon views
Residences in world's highest residential tower
Residential tower by Sobha next to the lagoon
Complex with bay views
Collection of residences in Dubai Harbour
Serviced apartments by the hotel chain, Rove Hotels

Townhouses + villas:

Ultra-premium villas on private island
Active wellness community by Aldar
Exclusive residences on the world's first wellness island
Ultra-luxury villas in The Oasis by Emaar
Townhouses in new mega community from DAMAC

▫️Video

Dubai entertainment options opened in 2023-2024

——

#month_results

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Real estate | Dubai | AX CAPITAL

What You Need to Know About the Emirate Closest to Dubai

Sharjah is a perfect option for those who want to live in a calmer place or want to make profitable real estate investments.

The only emirate that lies on both coasts of the country: East and West.

General Information

▫️Area: 2,590km²

▫️Landscape: beaches, deserts, rocky mountains, lakes, mangrove forests, and lagoons

▫️Features: 3 exclaves overlooking the Gulf of Oman, 1 exclave in a desert

▫️Population: 1.8 million people in 2024 (UN data)

▫️Travel time to Dubai: 5 mins

Cost of Living

Monthly expenses, without rent, for a single person in Sharjah is $804 – 26% lower than in Dubai. Average rental prices are 56% lower.

Economy

Main economic activities: wholesale, retail trade, repair of motor vehicles, and manufacturing. Sharjah has 3 ports, 6 free zones, and an international airport.

Expo Centre Sharjah is one of the most popular trade exhibition venues in the region.

Tourism

In 2023, Sharjah welcomed 400,000+ European visitors. This is a 28% increase compared to 2022.

UNESCO recognised Sharjah as the World Book Capital 2019.

In the emirate:

☑️Beaches with Length Up to 9.4km
☑️Nature Reserves
☑️Historical Sites
☑️Diving and Hiking
☑️Souqs and Malls
☑️Marinas and Promenades

Real Estate

Sharjah offers property investors:

▫️Freehold
▫️Income Tax 0%
▫️ROI Up to 6.24% by the Sea

The Sharjah real estate market has been booming. In Q1 2024:

☑️Total Value ↑ by 67% – $2.7 Billion
☑️Total Volume ↑ by 9% – 23,478

TOP 3 Projects

▫️Rehan Residences

Luxury beach community with easy access to the 800m seaside promenade and a 4,000m² park➡️from $121,000

▫️il teatro Residences 1

Residential complex with direct access to the entertainment complex by Zaha Hadid Architects and art galleries➡️from $269,000

▫️Rove Home Aljada

Serviced apartments by the famous hotel chain, Rove Hotels➡️from $416,000

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Real estate | Dubai | AX CAPITAL

Emaar Properties has announced a new public space, 'Water, Colour and Fire Plaza'

The multimedia plaza with fountain will have fire and music features.

The project will be located in the community, Dubai Creek Harbour, with the beach, the waterfront promenade, and the Viewing Point.

In May, in the community was launched the project, Mangrove.

#life_dubai

——

One Za'abeel complex is integrated into the Dubai World Trade Centre Authority free zone.

📍Zabeel

According to the Decree No. 18 of 2024, all companies and organizations within One Za'abeel, gain access to a host of advantages provided by the free zone:

☑️100% Foreign Ownership
☑️Exemption From Customs Duties
☑️0% Corporate Tax, etc.

#economy_dubai

——

Danube Properties handed over the Pearlz project 6 months ahead of schedule.

📍Al Furjan

The complex with an area of 47,000m² includes fully furnished apartments and 40+ amenities for sports and recreation:

▫️Swimming Pools
▫️Sports Grounds
▫️Health Club
▫️Doctors on Call, etc.

#developers_news

Sources: Khaleej Times, Gulf News

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Real estate | Dubai | AX CAPITAL

Sale | Apartment | $1,400,000

📍JBR

Fully upgraded apartment in the 50-storey residential tower, Al Bateen Residences, with direct access to the JBR beach. Each bedroom features a balcony with magnificent sea views.

☑️Fully Furnished
☑️Semi-open Kitchen
☑️Miele Household Appliances
☑️Maid's Room
☑️Panoramic Windows
☑️Built-in Wardrobes

In the residence:

▫️Swimming Pools
▫️Gym
▫️BBQ Area
▫️Landscaped Gardens
▫️24/7 Concierge and Security
▫️Kids' Playground

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

Agent: +971588008378

#secondary_market

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Real estate | Dubai | AX CAPITAL

Property Prices in Abu Dhabi Increased During the First 3 Months of 2024

➤ According to the ValuStrat Index (VPI)

Residential Capital Values

Compared to Q1 2023, ↑ by 4.2%:

For Villas ↑ by 6.3%
For Apartments ↑ by 2.1%

Average Prices

➤ Off-plan Properties ↓ by 3.9% – $4,200 per m²
➤ Ready Properties ↑ by 6.7% – $3,200 per m²

Transaction Volume

➤ Off-plan Properties ↑ by 9.1% – 68.6% of Overall Sales
➤ Ready Properties↑ by 34.3%

Residential Supply

Apartment projects scheduled for completions in 2024 – 6,636 units.

Completed in Q1: 80 apartments – 1.2% of the expected pipeline.

Hospitality Performance in January 2024

According to the Department of Culture and Tourism Abu Dhabi:

☑️Overall Occupancy – 78%
☑️500,000 Welcomed Tourists

TOP visitor nationalities:

1️⃣Asia – 26%
2️⃣UAE – 22%
3️⃣Europe – 22%

#real_estate_abu_dhabi

Source: ValuStrat

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Real estate | Dubai | AX CAPITAL

The developer, Nakheel, has awarded a contract for the construction of roads in the mega project, Palm Jebel Ali

The contract includes:

▫️Construction of 6km Highway Between Palm Jebel Ali and Sheikh Zayed Road

▫️Enhancement of Al Hesah Street Connecting Dubai Coastal Area and Palm Jebel Ali

The start of sales for the first villas in the project was announced in September 2023.

#real_estate_dubai

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The tourism sector is projected to contribute 12% to the UAE's economy in 2024.

In 2023, its contribution was $60 billion, accounting for 11.7% of the total GDP. This figure is anticipated to increase to $64 billion in 2024.

The industry's growth aligns with the National Tourism Development Strategy 2031.

#news_uae

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The UAE's Federal Tax Authority has issued corporate tax guide on Free Zone Persons.

The guide provides detailed information on:

☑️Conditions for Obtaining a 0% Corporate Tax Rate
☑️Calculation of Corporate Tax for Free Zone Persons
☑️Qualifying Types of Activities, etc.

To get our Corporate Tax Guide, you are welcome to contact AX CORPORATE ➤ +971521925615

#law_uae

Sources: Gulf Business, Arabian Business, Gulf News

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Real estate | Dubai | AX CAPITAL

Sale | Villa | $3,500,000

📍DAMAC Hills

2-storey villa with exquisite interiors in the gated premium community, Silver Springs. The plot features a private pool and a garden.

The balcony offers scenic views of a golf course and a lake.

☑️Fully Furnished
☑️Сlosed Kitchen
☑️Household Appliances
☑️Driver's and Maid's Rooms
☑️Walk-in Closet
☑️Panoramic Windows

In the community:

⛳️ Direct access to an international golf club

▫️Infinity Pool
▫️Gym
▫️Tennis Court
▫️Parks and Pet Farm
▫️Restaurants and Malls

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

Agent: +971529265310

#secondary_market

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Real estate | Dubai | AX CAPITAL

How Much Do Expats Need to Live in Dubai?

The property portal, Bayut, presents a total cost of monthly expenses in Dubai, with rent, for:

☑️Singles: $1,062–$2,097
☑️Couple: $1,552–$3,186
☑️Family of Four: $4,030–$7,134

Rent is the biggest expense for most expats.

According to the global database, Numbeo, monthly rent in Dubai for apartments:

Not in the City Centre:

➤ 1 Bedroom – $1,295
➤ 3 Bedrooms – $2,771

In the City Centre:

➤ 1 Bedroom – $2,111
➤ 3 Bedrooms – $4,110

Comparison: Major Cities

According to Numbeo, the estimated monthly costs, without rent, for a single person in Dubai – $1,092. For comparison:

▫️Paris: $1,198 – 9% Higher
▫️London: $1,398 – 22% Higher
▫️New York: $1,698 – 36% Higher

Average rental prices, compared to Dubai:

▫️Paris – 20% Lower
▫️London – 28% Higher
▫️New York – 54% Higher

Comparison: Other Emirates

We could compare estimated monthly costs, without rent, for a single person in the cities in the UAE within a 30-minute drive from Dubai.

According to Numbeo, compared to Dubai:

▫️Abu Dhabi: $965 – 12% Lower
▫️Ras Al Khaimah: $869 – 20% Lower
▫️Sharjah: $804 – 26% Lower

Average rental prices, compared to Dubai:

▫️Abu Dhabi – 24% Lower
▫️Ras Al Khaimah – 41% Lower
▫️Sharjah – 56% Lower

If you decide to make Dubai your place of residence, we will assist you in selecting an apartment for rent➡️

📞 +971521718769

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ 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

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Real estate | Dubai | AX CAPITAL

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

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ 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

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Real estate | Dubai | AX CAPITAL

❗️❗️❗️❗️❗️❗️ 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

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Real estate | Dubai | AX CAPITAL

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

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Real estate | Dubai | AX CAPITAL

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

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