Real estate | Dubai | AX CAPITAL

24 Aug 2024 11:12

Sale | Apartment | $4,000,000

📍Umm Suqeim

Upgraded apartment in the residential complex, Rahaal 2, Madinat Jumeirah Living. The spacious balcony provides views of the green courtyard and Burj Al Arab.

🏖 5 mins – Beach

☑️Fully Furnished
☑️Semi-open Kitchen
☑️Household Appliances
☑️Panoramic Windows
☑️Built-in Wardrobes
☑️Covered Parking

➡️Service Charge: $61 for m² per year

For owners:

▫️Swimming Pools
▫️State-of-the-art Gym
▫️Parks and Open Spaces
▫️Jogging and Bicycle Tracks
▫️Kids' Playgrounds
▫️Concierge and Security 24/7

❗️The apartment is vacant and ready to move in.

Agent: +971529265378

#secondary_market

Real estate | Dubai | AX CAPITAL

23 Aug 2024 12:48

Process of registering properties in Dubai will be reduced from days to minutes

The Dubai Land Department (DLD) and leading UAE developers have signed agreements, allowing developers and investors to use the DLD registration system to manage real estate transactions.

The agreements were signed by 7 developers:

▫️Aldar
▫️Azizi
▫️Binghatti
▫️DAMAC
▫️Danube
▫️Emaar
▫️Sobha

In addition to speeding up the registration process, the new system will protect investor's rights and increase transparency of transactions.

——

Abu Dhabi has Launched Rental Index.

The platform offers indicative quarterly rental pricing for properties located in areas across the city

Tenants and landlords can now get information about the cost of renting residential and commercial properties on the Abu Dhabi Real Estate Centre website.

The platform provides approximate quarterly rental prices for properties in various areas of the city.

#news_uae

——

The Dubai World Trade Center (DWTC) will host 100+ exhibitions by the end of the year.

The schedule features a variety of global events, including:

☑️Technology Exhibition, GITEX Global
☑️International Trade Show for Automotive Aftermarket Sector, Global Automechanika, etc.

#life_dubai

Sources: Khaleej Times, Arabian Business

Real estate | Dubai | AX CAPITAL

22 Aug 2024 11:13

Dubai villa market has exceeded market peaks of 2021 by 132%

➤ According to the ValuStrat Index (VPI)

Compared to June 2024, VPI ↑ by 2.2%:

For Villas ↑ by 2.5%
For Apartments ↑ by 2%

Compared to July 2023, VPI ↑ by 28.5%:

For Villas ↑ by 33.4%
For Apartments ↑ by 23.8%

▫️Sales Volume

Ready ↑ by 27.2%
Off-plan ↑ 59.6%

🔺Areas with the highest annual capital gains:

Villas

Palm Jumeirah ➤ 42.9%
Jumeirah Islands ➤ 42.7%
Dubai Hills Estate ➤ 38%
Emirates Hills ➤ 33.8%
Green Community West ➤32.1%

Apartments

Discovery Gardens ➤ 34.6%
The Greens ➤ 34.1%
Palm Jumeirah ➤ 30.8%
The Views ➤ 30%
Al Quoz Fourth ➤ 29.9%

🔺TOP 5 developers by sales in July:

Emaar – 20.3%
DAMAC – 7.2%
Danube – 5.2%
Nakheel – 4.8%
Sobha – 4.4%

#real_estate_dubai

Source: ValuStrat

Real estate | Dubai | AX CAPITAL

20 Aug 2024 18:30

In 2024-2025, 39 new academic entities will open in Dubai

6 new schools and 29 early childhood centres will start operating in the city, providing 16,000+ additional seats.

4 new institutes will join the higher education landscape, including:

☑️SKEMA Business School from France

☑️Plekhanov Russian University of Economics

Today, the city’s private education sector includes:

▫️38 Higher Education Institutions
▫️220 Schools
▫️274 Early Childhood Centres

——

In H1 2024, 361.2 million people used Dubai's public transport.

According to the Dubai Transport Authority (RTA), the average daily number of passengers reached 2 million.

TOP 3 types of public transport by number of passengers:

☑️Metro – 133 Million
☑️Taxi – 97 Million
☑️Bus – 89.2 Million

#life_dubai

——

The Department of Culture and Tourism Abu Dhabi has unveiled a documentary film Al Ain: A Living Oasis.

It will introduce viewers to the culture and traditions of one of the country's most ancient cities.

Al Ain was founded in the 5th century BC. Its sights are included in the UNESCO World Heritage List.

The film will be available on VisitAbuDhabiChannel">Visit Abu Dhabi's YouTube page and Visit Al Ain website.

#news_uae

Sources: Arabian Business, The National News, Trade Arabia

Real estate | Dubai | AX CAPITAL

19 Aug 2024 16:54

10 units in Luxor by Imtiaz at originals launch prices

📍Jumeirah Village Circle (JVC)

The 35-storey complex with furnished residencies and Bosch appliances was launched in Q3 2023.

The landscaped podium will feature kids' pool, playgrounds, recreation and BBQ areas. Direct park access.

➤ Studios
➤ 1-2 Bedroom Apartments

Areas: from 37m²
Prices: from $190,000

➡️Each residence will have a balcony, Isvea sanitary ware, Italian tiles, and smart home system.

Benefits:

▫️Rooftop Infinity Pool and Sky Garden
▫️Gym and Spa
▫️Club House
▫️Business Centre
▫️Cinema
▫️Electric Charging Stations

Payment Plan:

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

🔑 Completion – Q3 2026

#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

17 Aug 2024 11:53

Sale | Apartment | $844,000

📍Dubai Marina

Corner apartment in the 86-storey premium skyscraper, DAMAC Heights. The bright kitchen with stone countertops is equipped with household appliances.

⛵️Each bedroom features a balcony with amazing marina views. Direct access to the waterfront.

☑️Fully Furnished
☑️Open Kitchen
☑️Built-in Wardrobes
☑️Panoramic Windows
☑️Multi-level Parking

In the residence:

▫️Infinity Pool
▫️Gym and Spa
▫️Business Lounges
▫️Cinema and Recreation Areas
▫️Cafes and Restaurants
▫️Kids' Playground and Pool

❗️The apartment is vacant and ready to move in

Agent: +971521395573

#secondary_market

Real estate | Dubai | AX CAPITAL

16 Aug 2024 13:17

❕❕❕❕❕ Villas and Townhouses in Knightsbridge

☑️Crystal Lagoon
☑️2.5 Years Payment Plan
☑️Lush Green District with Developed Infrastructure

📍Meydan, District 11

The collection of luxury villas and townhouses by the European developer. Dubai's first climate-adaptive community combining classic British design with environmental technologies.

All units feature spacious climate-controlled terraces, bay windows, elevated triple height ceilings, and smart home systems. Private plots have pools with recreation areas and fresh harvest gardens.

For Sale:

➤ Villas
5 Bedrooms – 526m²
Plot – from 416m²
Prices: from $3,268,000

6 Bedrooms – 674m²
Plot – from 662m²
Prices: from $4,357,000

➤ Townhouses
4 Bedrooms – from 366m²
Plot – from 172m²
Prices: from $2,151,000

➡️Smart irrigation system and Karesansui Garden in every residence. For villa owners: TAKIBI fire pit, lift, chef kitchen, cinema, and jacuzzi.

Benefits:

☑️Fitness Centre and Yoga Area
☑️Running Track
☑️Re-oxygenating Waterfall
☑️Outdoor Cinema
☑️Cafe and Lounge Area on Water
☑️Kids' Playgrounds

Payment Plan:

50% – During Construction
50% – On Completion

🔑 Completion – 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

15 Aug 2024 10:10

AX CAPITAL in Abu Dhabi

For 2 years, our team of top-tier professionals has been working in the AX office in Abu Dhabi in close partnership with the leading developers in the city:

▫️Aldar
▫️Bloom Holding
▫️Eagle Hills
▫️IMKAN
▫️Reportage Properties
▫️SAAS Properties

We speak English and Arabic. We also have Russian, Spanish, Portuguese, Romanian, and Hindi/Urdu native speakers.

If you wish to buy, sell or rent both off-plan or secondary properties in the capital of UAE, AX CAPITAL is happy to assist you.

Contact us➡️+971521233061

📍Haibu Space, Abu Dhabi Mall

Real estate | Dubai | AX CAPITAL

13 Aug 2024 16:42

❗️❗️❗️❗️❗️❗️ Apartments in Belgrove Residences

☑️Opposite to Ras Al Khor Wildlife Sanctuary
☑️10 Mins to Dubai Mall
☑️3 Years Payment Plan

📍Meydan Horizon, MBR City

31-storey building by the boutique developer, Ellington, surrounded by lagoons and greenery. The open podium features adult and kids' pools, fitness studio, yoga zone, recreation areas with cabanas and sunken seating.

The rooftop of the complex boasts a viewing deck, bars, and outdoor cinema. All units have balconies and laundries.

For Sale:

➤ 1 Bedroom – from 70m²
➤ 2 Bedrooms – from 112m²
➤ 2 Bedrooms + Study – from 117m²
➤ 3 Bedrooms – from 142m²
Prices: from $463,000

Benefits:

▫️Sauna and Steam Room
▫️Picnic and BBQ Areas
▫️Pet Play Zone
▫️Lounges
▫️Retail Outlets
▫️Kids' Playgrounds

➡️Service Charge: $5-$6 per m² per year

Payment Plan:

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

🔑 Completion – Q4 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

12 Aug 2024 17:55

TOP 10 communities for buying properties in Dubai Hills Estate

➤ According to the Bayut portal.

Villas

1️⃣Maple: 3–5 bedrooms
Prices: from $1.5 million
ROI: 5.48%

2️⃣Sidra Villas: 3–5 bedrooms
Prices: from $1.9 million
ROI: 4.46%

3️⃣Golf Grove: 3–4 bedrooms
Prices: from $1.9 million
ROI: 5.25%

4️⃣Club Villas: 3–4 bedrooms
Prices from: $2 million
ROI: 5.56%

5️⃣Golf Place: 4–6 bedrooms
Prices from: $3.8 million
ROI: 5.78%

Apartments

1️⃣Collective 2.0: 1–2 bedrooms
Prices from: $401,000
ROI: 7.05%

2️⃣Park Ridge: 1–3 bedrooms
Prices from: $413,000
ROI: 7.06%

3️⃣Park Heights: 1–3 bedrooms
Prices from: $419,000
ROI: 6.8%

4️⃣Park Point: 1–3 bedrooms
Prices from: $420,000
ROI: 6.84%

5️⃣Executive Residences: 1–3 bedrooms
Prices from: $424,000
ROI: 6.95%

Source: Bayut

Real estate | Dubai | AX CAPITAL

10 Aug 2024 16:00

Sale | Apartment | $7,300,000

📍Palm Jumeirah

Spacious apartment in the iconic hotel, Atlantis The Royal, with direct beach access. The balcony offers views of the sea and the Dubai Skyline. Premium finishing includes Italian marble.

Exclusive 5* service: from housekeeping and butler services to reserving a private jet.

☑️Furnished
☑️Gaggenau Appliances
☑️Panoramic Windows
☑️Walk-in Closet
☑️Maid's Room
☑️Bathroom with Bay View

In the residence:

▫️Infinity Pools
▫️Beach Clubs and Bars
▫️Fitness Centre and Spa
▫️Celebrity-led Restaurants
▫️Beauty Salon and Aesthetic Clinic
▫️Shops and Boutiques

❗️The apartment is vacant and ready to move in

Agent: +971529264805

#secondary_market

Real estate | Dubai | AX CAPITAL

09 Aug 2024 16:11

What You Need to Know About the Famous District by Emaar

Dubai Creek Harbour is an area featuring shining skyscrapers on the shore of a picturesque bay. The beach, promenade, marina, and view of Burj Khalifa attract investors from all over the world.

General Information

▫️Area: 5km²
▫️Population: 30,000+
▫️Residential Area: 8 million m²

10 Facts About Dubai Creek Harbour (DCH)

1️⃣The construction of the district began in 2008. Initially, the developers were Emaar Properties and Dubai Holding. From 2022, Emaar became the sole owner.

2️⃣Located between Dubai Creek and one of Dubai's main highways, Ras Al Khor Road. It borders the pink flamingo wildlife sanctuary.

☑️5 mins – Festival City
☑️10 mins – DXB Airport
☑️15 mins – Burj Khalifa

3️⃣Divided into the island part – Creek Island, and the mainland part – Creek Beach, where one of the world's tallest buildings, Creek Tower, is set to be built.

4️⃣Creek Island is a "vertical" cluster. High-rise buildings of 30–55 storeys dominate. It boasts a 4km coastline, yacht club, Central Park, The Viewing Point, etc.

5️⃣Creek Beach mainly consists of cozy 10-storey buildings in the modern Arabic style. It includes a 700m beach with a crystal lagoon and a canal view.

6️⃣DCH has 900,000m² of retail area, 65,000m² of cultural space, 300,000m² of offices, and 20 hotels.

7️⃣The pedestrian-friendly district with lots of greenery: 500,000m² of parks, 6,000m² leisure and sports areas.

8️⃣Developed transport system: water taxis, metro, bus network. A Blue Line station is planned for 2029.

9️⃣DCH is an actively developed area. Today it comprises 20+ residential complexes. Property types: apartments, townhouses, and penthouses.

🔟In 2024, investors from China, Germany, Turkey, England, and India represented TOP 5 nationalities in DCH.

Average Prices

1 Bedroom – From $395,000
2 Bedrooms – From $632,000
3 Bedrooms – From $858,000

Average Annual Rent

1 Bedroom – From $25,000
2 Bedrooms – From $41,000
3 Bedrooms – From $49,000

❗️Max ROI – 6.15% for a 1-bedroom apartment

Launches in Dubai Creek Harbour in 2024

☑️Altus
☑️Mangrove
☑️Palace Residences Creek Blue

Real estate | Dubai | AX CAPITAL

08 Aug 2024 20:36

International schools, which are set to open in Abu Dhabi and Dubai in August 2024

1️⃣ GEMS Founders School Masdar City

📍Masdar City, Abu Dhabi

British curriculum with a focus on sustainability.

Fee: from $7,000 per year

2️⃣ GEMS Founders School Dubai South

📍Dubai South

The school's curriculum with a focus on logistics and business.

Fee: from $7,500 per year

3️⃣ Noya British School

📍Yas Island, Abu Dhabi

The development of critical thinking, creativity and leadership skills.

Fee: from $8,000 per year

4️⃣Dubai British School Jumeira

📍Al Wasl, Dubai

In addition to the academic program: swimming, drawing, yoga, tennis, etc.

Fee: from $12,000 per year

——

Emaar's sales volume doubled in H1 2024.

From January to June, the developer's sales ↑ by 56% – $8.1 billion, compared with $5.2 billion for the same period in 2023.

Recently, the developer has announced two major projects near The Oasis.

#developers_news

——

Etihad Airways' profit increased by 48% in H1 2024.

Compared to H1 2023:

☑️Revenue ↑ by 21% – $3.2 Billion
☑️Number of Passengers ↑ by 38% – 8.7 Million People

#news_uae

Sources: The National News, Arabian Businesse

Real estate | Dubai | AX CAPITAL

07 Aug 2024 11:16

Rent | Apartment | $109,000 per year

📍Dubai Marina

Corner apartment in the 56-storey tower, Jumeirah Living Marina Gate. The balcony offers amazing marina views. The exclusive program, The Jumeirah One Loyalty, and additional services: housekeeping, private chef, valet parking, etc.

⛵️ Direct access to Dubai Marina Walk

☑️Unfurnished
☑️Open Kitchen
☑️Household Appliances
☑️Study
☑️Bathroom with Vistas of the Dubai Skyline
☑️Pets Allowed

In the residence:

▫️Infinity Pool
▫️Gym
▫️Sauna and Steam Room
▫️Recreation Areas
▫️Amara Lounge Restaurant
▫️Kids' Pool with Play Area

❗️The apartment is vacant and ready to move in

Agent: +971522069390

#longterm_rent

Real estate | Dubai | AX CAPITAL

06 Aug 2024 11:39

❕❕❕❕❕ Apartments in Golf Point

☑️18-hole Golf Course
☑️4 Years Payment Plan
☑️Family-oriented Community

📍Emaar South

The residential complex of two mid-rise buildings in the self-sufficient community by Emaar. The podium features: adult and kids' pools, leisure areas, and landscaped gardens.

Panoramic windows, balconies or spacious terraces offer scenic vistas. A golf club, parks, events area, restaurants, retail outlets, and school are within walking distance.

For Sale:

➤ 1 Bedroom – from 63m²
Prices: from $231,000

➤ 2 Bedrooms – from 92m²
Prices: from $327,000

➤ 3 Bedrooms – from 156m²
Prices: from $558,000

➡️Each unit has a laundry. Apartments with 2 bedrooms feature walk-in closets.

Benefits:

▫️State-of-the-art Gym
▫️Skate Park
▫️Sports Courts
▫️Jogging Paths
▫️Hospital
▫️Nurseries and Kids' Play Areas

Payment Plan:

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

🔑 Completion – Q4 2028

Leave a request: +971523594274

✅Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

23 Aug 2024 16:42

What You Need to Know About Dubai’s Urban District

City Walk is a stylish and vibrant community within walking distance of the city’s iconic landmarks.

Its architecture, street art, holograms, fountains, restaurants, and entertainment venues make it one of Dubai’s most popular tourist destinations.

General Information

▫️Area: 900,000m²
▫️Developer: Meraas
▫️Architect: Dewan Architects & Engineers

10 Facts About City Walk

1️⃣The project was announced in 2011 and has been comprehensively built by one developer. The idea of Meraas was to create a "city within a city". A unique community for living, working, art, and leisure.

2️⃣Located in northern part of Jumeirah area, at the intersection of Al Safa Road and Al Wasl Road.

☑️4 mins – The Dubai Fountain
☑️6 mins – Burj Khalifa
☑️10 mins – Jumeirah Beach

3️⃣Meraas invited 10 renowned street artists from around the world to create the district's unique urban style.

4️⃣Residential real estate sector consists of 34 buildings, offering 1–4-bedroom apartments ranging from 85 to 549m². Mid-rise buildings of 7–9 storeys dominate. Several skyscrapers (up to 37 storeys) have been announced. Property type: Freehold.

5️⃣Building facades are covered with mirror glass, impressively illuminating at night.

6️⃣City Walk regularly hosts various concerts, parties, carnivals, night movie shows, etc.

7️⃣The area is known for various boutiques. Dubai Mall and Wasl Mall are located near City Walk.

8️⃣Transport system includes bus stops and metro stations. For those who prefer to drive, City Walk offers 600+ underground parking spaces.

9️⃣Iconic landmarks in City Walk:

▫️Coca-Cola Arena – the region’s largest indoor arena with a capacity of 20,000 people

▫️The Green Planet – a tropical rainforest with 3,000 species of animals and plants, housed in a futuristic 30x30m cube

▫️Valiant Clinic & Hospital – a 15,000m² medical facility, an affiliate of Houston Methodist Hospital (USA).

🔟Well-developed infrastructure for family living. The area has kindergartens, private schools including Gems Wellington Primary School, and universities such as Canadian University Dubai, University of New Brunswick, etc.

Average Prices for Apartments

1 Bedroom – From $601,000
2 Bedrooms – From $1,000,000
3 Bedrooms – From $1,780,000

Average Annual Rent

1 Bedroom – From $49,000
2 Bedrooms – From $71,000
3 Bedrooms – From $105,000

❗️Max ROI – 6.04% for a 1-bedroom apartment

Launches in City Walk:

☑️City Walk Northline
☑️Verve City Walk
☑️Central Park Plaza

Real estate | Dubai | AX CAPITAL

22 Aug 2024 16:11

❕❕❕❕❕ Villas in The Acres

☑️New Phase of Elite Community by Meraas
☑️Lagoons with Sandy Beaches
☑️5 Mins to Dubai Polo & Equestrian Club
☑️3.5 Years Payment Plan

📍Dubailand

Collection of 3-storey villas from one of the largest UAE's developers. The eco-friendly community surrounded by gardens, parks, and lakes. Within walking distance – a school, kindergarten, clinic, retail outlets, and restaurants.

All villas feature open layouts, double-height ceilings, and panoramic windows.

For Sale:

➤ 3 Bedrooms – from 283m²
Prices: from $1,498,000
➤ 4 Bedrooms – from 370m²
Prices: from $1,797,000
➤ 5 Bedrooms – from 461m²
Prices: from $2,178,000

➡️Rooftop terraces, balconies, garages for 2 cars, and maid's rooms

Benefits:

▫️Gym
▫️Sports Grounds and Jogging Tracks
▫️Clubhouses
▫️Forest Theater
▫️Event Lawn & Event Island
▫️Retail Promenade

Payment Plan:

10% – On Booking
55% – During Construction
35% – On Handover

🔑 Handover – Q1 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

21 Aug 2024 11:38

Rent | Villa | $654,000 per year

📍Palm Jumeirah

2-storey villa with exquisite interior design in the gated coastal community, Signature Villas Frond O. Floor-to-ceiling windows and balconies offer panoramic sea views. The spacious plot features a garden and swimming pool with relaxation and BBQ areas.

🏖 Direct access to a private beach

☑️Plot Area – 1,590m²
☑️Fully Furnished
☑️Household Appliances
☑️Billiard Room
☑️Study
☑️Cinema
☑️Built-in Wardrobes

In the community:

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

❗️The villa is vacant and ready to move in.

Agent: +971581645975

#longterm_rent

Real estate | Dubai | AX CAPITAL

20 Aug 2024 13:12

❕❕❕❕❕ Apartments in FH Residency

☑️Prices from $151,000
☑️Handover in a Year
☑️Kitchen Appliances
☑️High-standard Finishing

📍Jumeirah Village Triangle (JVT)

The second project by Forum Real Estate Development, in Dubai, following the ultra-premium residential complex XXII Carat on Palm Jumeirah. FH Residency is a modern 24-storey building in a family-friendly, eco district.

The rooftop of the building features a coworking space with panoramic views of Dubai Marina. All residences have balconies or spacious terraces."

For Sale:

➤ Studios – from 36m²
Prices: from $151,000

➤ 1 Bedroom – from 53m²
Prices: from $223,000

➤ 2 Bedrooms – from 97m²
Prices: from $378,000

➤ 3 Bedrooms – from 143m²
Prices: from $654,000

➡️Service Charge: $41 per m² per year

Benefits:

▫️Pool
▫️Gym
▫️Yoga Studio
▫️Landscape Garden
▫️Sports Grounds
▫️Kids' Play Areas

Payment Plan:

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

🔑 Handover – Q4 2025

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

19 Aug 2024 12:34

In September 2024, Dubai will host the 10th World Free Zones Organization Congress

📍Madinat Jumeirah

The event will be held in Dubai for the fifth time. The congress will focus on the theme of new investment avenues.

Dates: September 23–25

It is expected to attract more than 2,000 representatives from 100+ countries, including:

▫️Free Zone Officials
▫️Global Business Leaders
▫️Experts From Various Sectors

Today, the UAE has 46 Free Zones, the first of which was established in Jebel Ali in 1985.

#life_dubai

——

The number of ultra-high net worth individuals (a net worth of $30+ million) continues to grow in the UAE.

According to the Knight Frank report, their number is projected to ↑ by 30% by 2028.

Today, the country is home to:

☑️20 Billionaires
☑️308 Centi-millionaires
☑️116,500 Millionaires

The growth reasons: tax benefits, regulatory adaptations, and talent acquisition.

——

From January to July 2024, Etihad Airways flew 10.5 million people.

❗️This is an increase of 2.8 million passengers compared to the same period in 2023.

In July 2024, the airline welcomed 1.7 million passengers, ↑ by 33% compared to July 2023.

Year-to date, Etihad Airways has expanded its fleet by 15 aircraft and increased its route network by 10 destinations.

#news_uae

Sources: Arabian Business

Real estate | Dubai | AX CAPITAL

16 Aug 2024 19:38

How to Buy Property in Dubai at the Best Prices

Approximately two weeks before the official start of sales, the developer announces a pre-launch.

This is a marketing campaign which is aimed at drawing the attention of potential buyers to provide sufficient demand by the time of launch.

Benefits of Pre-launch

During this time, you can be the first to book a unit at the best price, and special discounts may be available.

For instance, 100% registration fee waiver for Natura by DAMAC or 5% discount on unit price for Samana Manhattan.

What Is Expression of Interest (EOI)?

EOI is a preliminary application for booking a unit during the pre-launch.

High demand projects require immediate EOI, as units may be sold out within 24 hours. The sooner you submit your application, the higher the possibility of getting the needed unit.

What Is Required for EOI?

1️⃣Copy of the Passport

2️⃣Deposit: Bank Transfer or Cheque

3️⃣Completed and Signed EOI Form with the Buyer's Contact Details

What Is Important to Know?

☑️The client who submitted an EOI application will be the first to select the best unit at the official launch

☑️During the pre-launch, information about the project may be limited. Indicative prices are often available

☑️The deposit amount is subsequently deducted from the down payment amount

☑️Clients have the right to withdraw from the purchase, if they are not satisfied with a unit. In this case, deposits will be refunded

How Much Is a Deposit?

Typically, EOI is 3%–8% of the unit price: $5,000–$15,000.

🔺Binghatti Hills – from $5,400 with prices starting from $212,000
🔺The Waterway by Prestige One – from $11,000 with prices starting from $517,000
🔺DAMAC Lagoon Views 2 – from $15,000 with prices starting from $258,000

It can be higher for luxurious, expensive projects in popular locations.

▫️Villas in the megaproject, The Oasis by Emaar – $272,000 with prices starting from $4,302,000

Experienced brokers know the schedule of pre-launches and can quickly submit EOI.

📞To book the most favourable properties before the official launch➡️+971521718769

Real estate | Dubai | AX CAPITAL

15 Aug 2024 16:35

❕❕❕❕❕ Apartments in Weybridge Gardens 2

☑️Prices from $165,000
☑️3 Years Post-completion
☑️1% Monthly Payment Options

📍Dubailand

The elegant mid-rise residential complex by the European developer, LEOS Developments. The building includes a gym, landscaped gardens, BBQ area, Art Academy, and outdoor cinema.

The rooftop of the complex boasts a spacious terrace with a pool and lounge, surrounded by lavender.

For Sale:

➤ Studios – from 42m²
Prices: from $165,000

➤ 1 Bedroom – from 78m²
Prices: from $263,000

➡️All units have balconies. Apartments with 2 bedrooms feature walk-in closets.

Benefits:

▫️Zen Japanese Garden
▫️Running Track
▫️Co-working Space
▫️Sports Courts
▫️Supermarket and Restaurants
▫️Boxing Academy and Dance Studio

Payment Plan:

20% – On Booking
40% – During Construction
5% – On Completion
35% – Within 3 Years Post-completion

🔑 Completion – Q3 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

14 Aug 2024 12:44

Sale | Apartment | $740,000

📍JBR

Upgraded apartment in the 31-storey building of the residential complex, Bahar, with direct beach access. The spacious balcony offers views of the courtyard.

Within walking distance: yacht club, The Walk, boutiques, dining outlets, and 5* hotels.

☑️Furnished
☑️Kitchen Appliances
☑️Study
☑️Walk-in Closet
☑️Built-in Wardrobes
☑️Maidʼs Room

➡️Service Charge: $48 per m² per year

For owners:

▫️Pool
▫️Gym
▫️Sports Courts
▫️Shops
▫️Kids' Play Area
▫️Concierge and Security 24/7

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

Agent: +971581897205

#secondary_market

Real estate | Dubai | AX CAPITAL

13 Aug 2024 11:17

Abu Dhabi’s Wealth Fund, ADQ, will take minority stake in Sotheby's

Under the terms of the agreement, ADQ will acquire newly issued shares of Sotheby’s.

The owner of the auction house, billionaire Patrick Drahi, will also invest additional capital in the business.

☑️Total Investment – $1 billion.
☑️Goal – to reduce leverage and support the growth and innovation plans of Sotheby’s.

The deal will contribute to diversifying Abu Dhabi's economy, strengthening emirate's position in the fields of culture and art.

——

In H1 2024, 800 industrial establishments opened in Ajman.

The total memberships of the Сhamber of Commerce and Industry (ACCI) reached 19,372, an increase of 4% compared to the same period in 2023.

It aligns with Ajman's National Strategy for Industry and Advanced Technology.

#news_uae

——

The developer from Dubai has launched a new phase of the freehold community, Nordic by fäm.

📍Al Wasl

The $1.9 billion project will include 17 villas and mansions near Dubai’s Central Business District.

▫️Average Area – 1900m²
▫️Average Price – $21 million

This is the only community in Al Wasl area where foreign citizens can purchase freehold villas.

#developers_news

Sources: Arabian Business, Khaleej Times, Property News

Real estate | Dubai | AX CAPITAL

12 Aug 2024 12:33

Abu Dhabi and Dubai named most liveable cities in the Middle East and Africa

➤ According to the Global Liveability Index of the Economist Intelligence Unit (EIU) for 2024.

In H1 2024, both cities improved performance in the fields of health and education, which allowed them to take the first and second places in the ranking.

TOP 5 most liveable cities:

1️⃣Abu Dhabi
2️⃣Dubai
3️⃣Kuwait
4️⃣Doha
5️⃣Bahrain

Abu Dhabi also ranked first globally on the Safety Index, while Dubai claimed fifth place.

——

Dubai property prices saw a double-digit increase in 2021–2024.

According to the report by the consulting company JLL, Dubai ranked among world's leading cities for accelerating property market growth.

This growth is driven by:

▫️High Rental Returns
▫️Affordability Compared to Other Global Cities

Other cities in the ranking:

☑️Bangkok
☑️Berlin
☑️Stockholm, etc.

#economy_dubai

——

In H1 2024, DEWA revenue reached a record $3.7 billion.

❗️An increase of 7.3%, compared to the same period in 2023.

Other key indicators:

▫️Operating Profit – $898 Million
▫️Profit After Tax – $700+ Million

#news_uae

Sources: Arabian Business, Khaleej Times

Real estate | Dubai | AX CAPITAL

10 Aug 2024 11:29

❕❕❕❕❕ Apartments in Parkland

☑️Views of 18,000m² Park
☑️Next to Dubai Hills Mall
☑️4 Years Payment Plan

📍Dubai Hills Estate

24-storey building in a community by Emaar with a championship golf course. Everything for family living: sports courts, restaurants and supermarkets, nurseries, international schools, and King's College Hospital.

The landscaped podium features kids' and adult pools, recreation areas, and a gym.

For Sale:

➤ 1 Bedroom – from 69m²
Prices: from $408,000

➤ 2 Bedrooms – from 114m²
Prices: from $762,000

➤ 3 Bedrooms – from 168m²
Prices: from $1,090,000

➡️All units have laundries, balconies or terraces

Benefits:

▫️Skatepark
▫️Paddle Tennis Court
▫️Cycling and Jogging Tracks
▫️Picnic and BBQ Areas
▫️Business Park
▫️Kids' Playgrounds

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

🔑 Completion – Q4 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

09 Aug 2024 12:10

+102%. This is how much the number of rental agreements registered in Abu Dhabi grew in H1 2024

➤ 49,135, compared to 24,811 in the same period in 2023.

According to the data from Abu Dhabi Statistics Centre, the capital city accounted for 43,985 contracts. This is 105% more than in H1 2023.

The number of contracts in the other emirate's cities compared to H1 2023:

▫️Al Ain City: 4,819, ↑ by 77%
▫️Al Dhafra: 331, ↑ by 130%

——

The rental market of Ajman doubled in H1 2024.

According to the Ajman Municipality and Planning Department, the value of transactions increased by 49% – $620 million.

Of these:

☑️$329 Million – Rental Contracts
☑️$21 Million – Investment Contracts
☑️$270 Million – Commercial Contracts

——

From January to June 2024, RAK Properties revenue increased by 19% to $166.1 million.

Other indicators:

▫️Profit Before Tax ↑ by 11% – 26.7 Million
▫️Gross Profit ↑ by 40% – 62.1 Million
▫️Total Assets – $2.12 Billion, Compared to $1.76 Billion at the End of 2023

In June, RAK Properties launched the elite yacht-style project, EDGE.

#news_uae

Sources: Trade Arabia, Property News, Arabian Business

Real estate | Dubai | AX CAPITAL

08 Aug 2024 11:12

Users have posted 29.7 million videos about Dubai

➤ According to travel experts, Bounce, this is a record among the world's cities.

The most popular attractions by the number of publications include:

▫️The Dubai Fountain
▫️Burj Khalifa
▫️Burj Al Arab

In terms of the number of posts Dubai is ahead of:

☑️London – 10.3 million
☑️Paris – 8.8 million
☑️Istanbul – 8.1 million

Abu Dhabi also ranked within the top ten, coming in at number eight.

——

DXB Airport set a new record in H1 2024.

Compared to the same period in 2023:

▫️Number of Passengers – 44.9 million, ↑ by 8%
▫️Number of Flights – 216,000, ↑ by 7%

It is planned to receive 91.8 million passengers by the end of the year.

#life_dubai

——

The UAE's first casino resort is set to expand.

📍Al Marjan Island

Operator Wynn Resorts has acquired an additional 283,000m² of land for future development.

Wynn Casino will include:

☑️1,542 Rooms and 22 Villas
☑️Marina
☑️Poolscape of 36,000m²

The under-construction building currently stands at 90m and is already the tallest skyscraper in Ras Al Khaimah.

#news_uae

Sources: Time Out Dubai, Whatson, Arabian Business

Real estate | Dubai | AX CAPITAL

06 Aug 2024 17:11

Ferrari Esports Arena is set to open in Abu Dhabi's theme park

📍Yas Island

The esports arena within the Ferrari World amusement park will immerse visitors in the virtual world of racing.

The project in Ferrari's signature colors will feature professional-grade equipment, including racing simulators:

☑️Grand Turismo
☑️F-1
☑️GT

🔑 Completion – Q3 2024

#news_uae

——

The developer ZāZEN Properties has launched its key project, ZāZEN Ivy.

📍Al Furjan

The eco-friendly mid-rise building will include:

▫️70+ Units With Equipped Kitchens
▫️World-class Amenities
▫️Retail Outlets

This is the developer's second project featuring LEED Gold certificate.

🔑 Completion – Q1 2026

——

The renowned studio will work on the design project for the world's second tallest skyscraper.

📍Sheikh Zayed Road

Azizi Development has signed a contract with the interior design studio, dsgn, which has worked on such megaprojects as Vida Beach Hotel, Jumeirah Al Naseem, etc.

The skyscraper, Burj Azizi, will boast 133 floors when completed in 4 years.

#developers_news

Sources: Whatson, Trade Arabia

Real estate | Dubai | AX CAPITAL

05 Aug 2024 17:02

The extreme attraction, Jais Flight, has been recognised as the world's longest zip line

The horizontal descent on a steel сable is located in the Jais Adventure Park, on Jebel Jais Mountain.

❗️The zip line's length of 2.8km was recorded by the Guinness World Records.

Other features:

▫️Height – 1,680m
▫️Flight Time – 2 Mins

Jais Flight is part of a major project to develop Ras Al Khaimah's tourism sector.

——

The Government of Sharjah has announced a new tourism development program.

📍Kalba

Cultural projects include:

☑️Historical Museum, Kalba Gate
☑️Park near the 18th century Khor Kalba Fort
☑️Pathway, Kalba Gate, which will connect hanging gardens with Al Hefaiyah Lake
☑️Moon-shaped building at an altitude of 850m with viewing platforms, cafes, and restaurants

#news_uae

——

Dubai International Chamber attracted 86 companies in H1 2024.

The number of companies, compared to the same period in 2023:

▫️24 Multinational Corporations, ↑ by 200%
▫️62 Small and Medium-sized Businesses, ↑ 29%

The Dubai International Chamber also assisted 34 local businesses in entering new international markets. This is 19 more companies than in H1 2023.

#economy_dubai

Sources: Arabian Business, Khaleej Times, Property News