Real estate | Dubai | AX CAPITAL
10 Jun 2024 16:49
❕❕❕❕❕ Apartments in ELO 3
📍Damac Hills 2
☑️Prices from $158,000
☑️Overlooking the Park
☑️2,000m² Beach and Lakes
☑️1% Monthly Payment Options
The 16-storey residential complex is nestled in a green, family-oriented community. Within walking distance – lazy river and 40+ amenities.
The podium boasts a swimming pool with bar, climbing wall, outdoor cinema, and BBQ.
For Sale:
➤ 1 Bedroom – from 49m²
Prices: from $158,000
➤ 2 Bedrooms – from 74m²
Prices: from $233,000
➡️All units feature balconies
Benefits:
▫️Wave Surfing Pool
▫️Paintball Park
▫️Community Centre
▫️Sports Courts
▫️Kids' Play Areas
▫️Restaurants and Supermarket
Payment Plan on Start of Sales:
20% – Down Payment
50% – During Construction
30% – On Completion
🔑 Completion – Q2 2027
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
08 Jun 2024 15:57
Sale | Penthouse | $4,500,000
📍Dubai Marina
Fully upgraded penthouse in the 52-storey tower, Le Reve. Panoramic windows and the balcony provides spectacular views of the sea, Palm Jumeirah, and Ain Dubai.
🏖 4 mins – Barasti Beach and The Walk, JBR
☑️Closed Kitchen
☑️Miele Appliances
☑️Parquet Flooring
☑️Wooden Walk-in Closet
☑️Pets Allowed
For owners:
▫️Infinity Pool
▫️Gym and Spa
▫️Landscaped Garden
▫️Valet and Doorman
▫️24/7 Concierge and Security
▫️Kids' Play Area
❗️The 4K video is available on our YouTube channel ➤ Watch
Agent: +971581645975
#secondary_market
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Real estate | Dubai | AX CAPITAL
07 Jun 2024 18:16
TOP 5 Factors Impacting the Real Estate ROI in Dubai
1️⃣Investment Strategy
▫️Buy-and-hold
The conservative approach is aimed to save money, and value appreciation over the years.
▫️Rentals
The buy-to-let offers a regular income and a long-term value appreciation. ROI 5%–10% a year
▫️Flipping and Resale on Completion
The short-term buy and sell strategy is focused on quick profit. ROI 15%–50%
2️⃣Location
⠀
In Q1 2024 the highest rental ROI was recorded in family-friendly areas situated away from the city centre:
▫️Apartments
Dubai Silicon Oasis ➤ 9.3%
JVC ➤ 8.6%
Dubai Production City ➤ 8.3%
▫️Villas
JVC ➤ 7.2%
DAMAC Hills ➤ 6.9%
Dubailand ➤ 6.3%
⠀
3️⃣Size of Property
Investing in smaller units is more lucrative, because an invested capital will be smaller. In the same location in Dubai, the ROI for a studio is on average 1%–1.5% higher than for a 3-bedroom apartment.
ROI for apartments in Dubai Hills Estate:
Studio ➤ 7.9%
3-bedroom ➤ 6.7%
4️⃣Developer
⠀
When selecting a company, an investor should analyse its reputation and track record. Major developers such as Emaar, Sobha Realty or Majid Al Futtaim are recognised by quality construction, timely delivery and high liquidity.
⠀
5️⃣Post-handover Payment Plan
These plans significantly increase the ROI, as there is no need to invest all the sum to resell the unit.
Example: 60% – during construction 40% – within 3 years post-handover
Purchase Price: AED 1,000,000
Sale Price on Completion: AED 1,300,000
ROI with Regular Payment Plan: 300,000/1,000,000 = 30%
ROI with Post-handover Plan: 300,000/600,000 = 50%
❗️ROI is 2/3 higher
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Real estate | Dubai | AX CAPITAL
06 Jun 2024 16:02
TOP 7 Dubai areas by rental cost in 2024
Average rental rate increase per month
Apartments:
1️⃣Palm Jumeirah – $70,000 ↑ by 4.1%
2️⃣Downtown Dubai – $60,000 ↑ by 2.7%
3️⃣Old Town Dubai – $51,000 ↑ by 3.1%
4️⃣Dubai Marina – $47,000 ↑ by 3.8%
5️⃣Jumeirah – $45,000 ↑ by 4.1%
6️⃣Jumeirah Beach Residence – $43,000 ↑ by 3.4%
7️⃣DIFC – $43,000 ↑ by 4.2%
Villas:
1️⃣Palm Jumeirah – $281,000 ↑ by 1.6%
2️⃣Al Barari – $267,000 ↑ by 4.9%
3️⃣Emirates Hills – $231,000 ↑ by 1.8%
4️⃣Jumeirah Islands – $168,000 ↑ by 4.5%
5️⃣Jumeirah – $138,000 ↑ by 3.9%
6️⃣Green Community (DIP) – $107,000 ↑ by 1.7%
7️⃣Jumeirah Golf Estates – $104,000 ↑ by 3.3%
#real_estate_dubai
——
The UAE ranked 6th in the world for tourism spending in 2023 – $51.9 billion.
According to the United Nations' tourism agency's report, the number of international tourists ↑ by 89% compared to pre-pandemic 2019.
It confirms the UAE's status as one of the most attractive destinations in the world.
TOP 3 countries by tourist spending in 2023:
1️⃣USA – $176 billion
2️⃣Spain – $92 billion
3️⃣UK – $74 billion
#news_uae
Sources: Zawya, Arabian Business
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Real estate | Dubai | AX CAPITAL
05 Jun 2024 14:58
Sale | Apartment | $2,600,000
📍Bluewaters Residences, 5 mins to Dubai Marina
Fully upgraded apartment in a prestigious waterfront community. The balcony offers views of the green courtyard, the sea, and Ain Dubai.
The black matte kitchen with an island is fully equipped with Miele appliance.
☑️Custom-made Furniture
☑️Bathrooms by Bagnodesign
☑️Panoramic Windows
☑️Study
☑️Maid's Room
☑️Pets Allowed
In the community:
▫️265-metre pedestrian bridge connecting the island to the JBR beach
▫️Pools
▫️Gym
▫️Basketball Courts
▫️Cafe and Restaurants
▫️Concierge and Security 24/7
▫️Kids' Play Areas
❗️The 4K video is available on our YouTube channel ➤ Watch
Agent: +971586448869
#secondary_market
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Real estate | Dubai | AX CAPITAL
04 Jun 2024 18:50
❕❕❕❕❕ Apartments and Duplexes in Serra – Ghaf Woods
☑️Pedestrian-friedly Environment
☑️360° Views of the Forest
☑️Global Village within 3 Mins
☑️Sustainable Features
📍Dubailand
10 medium-rise buildings set around pools and gardens. The green community with developed infrastructure will feature a school, wellness centre, 3.5km mountain bike loop, sport courts, restaurants and retail outlets. Within walking distance – theme park, IMG World.
Interior design is available in two options. Some duplexes have private pools.
For Sale:
➤ Apartments
1 Bedroom – from 63m²
Prices: from $327,000
2 Bedrooms – from 104m²
Prices: from $545,000
3 Bedrooms – from 160m²
Prices: from $817,000
➤ Duplexes
3 Bedrooms – 271m²
Prices: from $1,225,000
➡️Balconies, maid's and laundry rooms
Benefits:
▫️Gym
▫️Yoga and Fitness
▫️Leisure and BBQ Areas
▫️Skatepark
▫️Running Tracks
▫️Kids' Playgrounds
Payment Plan:
10% – Down Payment
50% – During Construction
40% – On Handover
🔑 Handover – Q3 2027
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
03 Jun 2024 17:49
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
01 Jun 2024 16:08
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
31 May 2024 18:23
▫️ 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
31 May 2024 12:30
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
30 May 2024 12:43
❕❕❕❕❕ 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
29 May 2024 12:35
➤ 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
28 May 2024 12:35
❕❕❕❕❕ 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
27 May 2024 12:15
❗️❗️❗️❗️❗️❗️ 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
25 May 2024 11:42
❗️❗️❗️❗️❗️❗️ 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
10 Jun 2024 13:05
By 2025, the area of Dubai Science Park will be expanded by 18,000m²
This is a plan to increase the storage and logistics capacity by 147% and to address the growing demand for premium offices.
In Dubai Science Park:
▫️500+ Customer-companies, Including Global Corporations Pfizer, GE Healthcare, and AstraZeneca
▫️6,500+ Experts Across the Biological, Energy, and Ecological Sciences
In April, the Binghatti Hills project was announced at Dubai Science Park.
#news_uae
——
Air quality monitoring station will be launched in Jebel Ali.
Features:
☑️11 Sensors with the Capacity to Measure 101 Types of Air Pollutants
☑️Cost – $545,000
The project is a part of the Dubai Quality of Life Strategy 2033.
The station is needed for:
▫️Assessing the Effects of Industrial Activities on Air Quality
▫️Taking Preventive Measures to Protect the Health of Residents
#life_dubai
——
In 2023, UAE ranked highest per capita, of solar energy consumption, globally
➤ According to the report by the UK-based Energy Institute.
DEWA initiatives to increase the share of renewable energy sources:
☑️Mohammed bin Rashid Al Maktoum Solar Park
☑️Region's First Hydroelectric Power Plant in Hatta
☑️Green Hydrogen Project
☑️Water Desalination Using SWRO Technology
This is a part of the Net Zero 2050 and Dubai Clean Energy Strategy 2050 strategies.
#news_uae
Sources: Media Office, Khaleej Times, Dubai Electricity & Water Authority
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Real estate | Dubai | AX CAPITAL
08 Jun 2024 11:30
❕❕❕❕❕ Apartments and Penthouses in Verve City Walk
☑️5 mins to Dubai Mall and the Beach
☑️Direct Access to Coca-Cola Arena
☑️Developer – Meraas
☑️First High-rise Project in City Walk
Spectacular residential complex of two towers (29 and 37 floors) with Burj Khalifa and sea views. The towers are connected by a shared landscaped podium featuring an infinity pool with leisure areas. Sky terraces with gardens and double-height lounges surrounded by outdoor courtyards and water features.
Spacious balconies or terraces in all units. Premium units boasts double-height living rooms.
For Sale:
➤ Apartments
1 Bedroom – from 73m²
2 Bedrooms – from 109m²
3 Bedrooms – from 156m²
4 Bedrooms – from 350m²
Prices: from $577,000
➤ Duplex Penthouse
5 Bedrooms – 857m²
Prices: from $8,038,000
➡️Premium finishes and fully fitted kitchens with appliances
Benefits:
▫️Fitness Centre
▫️Games and Media Room
▫️Library
▫️Co-working and Business Spaces
▫️Restaurants and Shops
▫️Kids' Play Areas
Payment Plan:
20% – On Booking
55% – During Construction
25% – On Completion
🔑 Completion – Q3 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
07 Jun 2024 13:05
Dubai's Tresind Studio ranked 13th in the best restaurants' list 2024
➤ According to the ranking, The World's 50 Best
📍Palm Jumeirah
The list is based on the votes of 1,000+ culinary experts from around the world.
The molecular Indian cuisine restaurant is:
☑️2nd in the Mena's 50 Best Restaurants List
☑️Middle East's First Restaurant Awarded Two Michelin Stars
#life_dubai
——
Developer, Arada, will build 2 final phases of the mega project in Sharjah.
📍Al Suyoh Suburb
The developer has awarded contracts for the construction of the 6th and 7th phases of the Masaar project – Sequoia and Saro.
The number of units – 1,025
The cost of projects – $394 million
Benefits:
☑️70,000 Trees
☑️6.6km Bike Path
☑️Kids' Water Play Area
☑️Skate Park, etc.
🔑 Completion – Q3 2026
#developers_news
——
The UAE named the world leader in air transport quality in 2024
➤ According to the World Economic Forum's Travel & Tourism Development Index
▫️1st in Quality of Air Transport Infrastructure
▫️3rd in Efficiency of Air Transport Services
The UAE also has been ranked 1st in the MENA region for the number of:
☑️Operating Airlines
☑️Air Transport Agreements
#news_uae
Sources: The National News, Trade Arabia, Arabian Business
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Real estate | Dubai | AX CAPITAL
06 Jun 2024 12:11
Last Month Bestseller Projects
According to the Dubai Land Department data:
➤ In May 2024, 17,527 property transactions worth $12.5 billion were completed in Dubai.
❗️This is the highest performance since 2009
Property deals show 50% volume ↑ and 35% value ↑ compared to May 2023.
38% ➤ 6,572 transactions worth $6.5 billion – Existing Properties
62% ➤ 10,955 transactions worth $6 billion – Off-plan Properties
Compared to May 2023:
➤ Existing volume ↑ by 9%, the value ↑ by 21%
➤ Off-plan volume ↑ by 92%, the value ↑ by 54%
TOP Residential Projects by Sales Value
Apartments
1️⃣Sobha One – $702 million
2️⃣Park Lane Interiors by Vida – $283 million
3️⃣City Walk Northline – $170 million
4️⃣Vida Residences Dubai Hills Estate – $151 million
5️⃣Ocean Point – $135 million
Villas and Townhouses
1️⃣Haven by Aldar – $253 million
2️⃣Lillia, The Valley – $231 million
3️⃣Amara, Tilal Al Ghaf – $123 million
4️⃣The Lakeshore Villas by Ellington – $72 million
5️⃣Expo Valley – $55 million
1st Place by Sales Volume
Apartments – Sobha One
Villas and Townhouses – Lillia, The Valley
#real_estate_dubai
Source: Dubai Land Department
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Real estate | Dubai | AX CAPITAL
05 Jun 2024 11:17
❗️❗️❗️❗️❗️❗️ Apartments in The Berkeley
☑️116 Residences
☑️Bosch Household Appliances
☑️European Finishes and Fittings
☑️18,000m² Park – Within Walking Distance
📍Dubai Hills Estate
Collection of exquisite residences in a mid-rise boutique-complex. Dubai Hills Golf Club with 18-hole golf course in 5 mins.
The community features nurseries and international schools, King's College Hospital, skatepark and sport courts, restaurants and supermarkets.
For Sale:
➤ Studios – from 35m²
Prices: from $272,000
➤ 1 Bedroom – from 70m²
Prices: from $474,000
➤ 2 Bedrooms – from 129m²
Prices: from $754,000
Benefits:
▫️Swimming Pool and Sun Deck
▫️Gym
▫️Landscaped Garden
▫️Lounge
▫️Kids' Play Area
▫️24/7 Concierge and Security
Payment Plan:
20% – Upon SPA Signing
30% – During Construction
50% – On Handover
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
04 Jun 2024 11:33
Dubai's beaches, Al Mamzar and Jumeirah 1, will be revamped
➤ As part of the 400% coastline expansion project
The urban planning committee has allocated $97 million for the development of 6km beach line.
Project features:
▫️200-metre Floating Bridge Over Al Mamzar Beach
▫️24/7 Beach in Deira
▫️11km of Running and Cycling Tracks
▫️Cafes, Shops and Restaurants
🔑 Completion – Q4 2025
——
240 new shops and restaurants will be opened in Dubai Mall.
📍Downtown Dubai
The $408 million project was announced by the developer, Emaar Properties.
Now on the area of 1.2 million m²:
☑️1,200+ Retail Outlets
☑️200+ Restaurants
In 2023, Dubai Mall was named the 'most visited place on earth'.
#life_dubai
——
Two football stadiums are set to be built on top of Sharjah mountains.
The stadiums will be located at an altitude of 260 and 275 metre above sea level. The project will provide a comfortable playing environment:
▫️Low Humidity
▫️10 Degrees Lower Temperature
#news_uae
Sources: Arabian Business, The National News, Khaleej Times
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Real estate | Dubai | AX CAPITAL
03 Jun 2024 11:32
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%
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Real estate | Dubai | AX CAPITAL
31 May 2024 16:25
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
30 May 2024 17:57
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
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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
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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
29 May 2024 16:07
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
28 May 2024 17:52
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
27 May 2024 18:11
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
25 May 2024 17:02
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
24 May 2024 16:38
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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