Real estate | Dubai | AX CAPITAL
06 Sep 2024 11:39
Last Month Bestseller Projects
According to the Dubai Land Department data:
➤ In August 2024, 16,436 property transactions worth $13 billion were completed in Dubai.
Property deals show 37% volume ↑ and 41% value ↑ compared to August 2023.
35% ➤ 5,697 transactions worth $6.5 billion – Existing Properties
65% ➤ 10,739 transactions worth $6.5 billion – Off-plan Properties
Compared to August 2023:
➤ Existing properties – volume ↑ by 14%, the value ↑ by 42%
➤ Off-plan properties – volume ↑ by 54%, the value ↑ by 40%
TOP 5 Residential Projects by Sales Value
Apartments
1️⃣Marina Views, Rashid Yachts & Marina – $375 million
2️⃣Verve City Walk – $323 million
3️⃣Palace Residences Creek Blue – $212 million
4️⃣Opulent Residences – $189 million
5️⃣Sobha One – $167 million
Villas and Townhouses
1️⃣Venera, The Valley 2 – $375 million
2️⃣Velora, The Valley 2 – $305 million
3️⃣Greenway 2 – $210 million
4️⃣Golf Lane – $186 million
5️⃣South Bay 6 Premium – $106 million
1st Place by Sales Volume
Apartments – Marina Views, Rashid Yachts & Marina
Villas and Townhouses – Venera, The Valley 2
#real_estate_dubai
Source: Dubai Land Department
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Real estate | Dubai | AX CAPITAL
05 Sep 2024 12:57
Plans of Emaar till the end of 2024
One of the leading developers in the UAE has published the release scheduler of its new projects in Dubai for September – December 2024.
September➡️5 launches
☑️Apartments: Dubai Hills Estate, Rashid Yachts & Marina
☑️Townhouses: The Heights Country Club & Wellness, Emaar South
☑️Villas: The Oasis
October➡️4 launches
☑️Apartments: Dubai Hills Estate, Dubai Marina
☑️Townhouses: The Heights Country Club & Wellness, Emaar South
November➡️6 launches
☑️Apartments: Dubai Creek Harbour, Dubai Hills Estate, Expo City
☑️Townhouses: The Valley, Grand Polo Club & Resort, Emaar South
☑️Villas: Grand Polo Club & Resort
December➡️5 launches
☑️Apartments: Dubai Creek Harbour, Dubai Hills Estate, Rashid Yacht & Marina
☑️Townhouses: Emaar South
☑️Villas: The Oasis
Total number of launches: 20
In August, the developer announced start of sales of the Parkland project.
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Real estate | Dubai | AX CAPITAL
04 Sep 2024 12:30
Rent | Apartment | $136,000 per year
📍JBR
Corner apartment in the 77-storey tower of the premium complex, The Address Residences Jumeirah Resort and Spa. 5* services from the hotel chain, Address Hotel + Resorts.
Panoramic windows and a balcony with breathtaking views of Ain Dubai and Palm Jumeirah. Direct access to private beach.
☑️Fully Furnished
☑️Open Kitchen
☑️Household Appliances
☑️Bathroom with Sea View
☑️Maid's Room
☑️2 Parking Spaces
In the community:
▫️Pool on the 75th Floor
▫️State-of-the-art Gym
▫️Wellness Centre
▫️Business Lounges
▫️Bars and Restaurants
▫️Kids' Playgrounds
❗️The apartment is vacant and ready to move in.
Agent: +971529264805
#longterm_rent
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Real estate | Dubai | AX CAPITAL
03 Sep 2024 12:14
The new Global Village season will start in October 2024
📍Mohamed Bin Zayed Road
One of Dubai's most popular attractions closed its doors for the hot months in early May 2024.
The season 29 will run from October 16, 2024 to May 11, 2025.
Ticket price: $7–$8
This year, the organizers promise even more pavilions, restaurants, attractions, and shows.
#life_dubai
——
Louvre Abu Dhabi has unveiled new exhibits from different parts of the world.
📍Saadiyat Cultural District
Among the museum's acquisitions:
▫️Brass Candlestick from XIII century
▫️Astrolabe Quadrant from Maghreb
▫️The Queen Mother's Asante Stool from Ghana
By the end of the year, the museum will expand the collection of exhibits with Hispano-moresque earthenware charger and other antiquities.
#news_abu_dhabi
——
The 3-lane Zaa'bel Palace Street Bridge has been opened in Dubai.
The new flyover will connect Zaa'bel Palace Street and Oud Metha Road to Al Khail Road in the direction of Abu Dhabi.
☑️Bridge Length – 700m
☑️Capacity – 4,800 cars per hour
Sources: Time Out Dubai, Gulf News, Khaleej Times
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Real estate | Dubai | AX CAPITAL
30 Aug 2024 19:14
Where Real Estate Brings Profit Faster: Dubai Versus Other Metropolises
Payback period (PP) is the period of time required for the income generated by an investment to cover its initial costs. Formula:
PP = Initial Capital / Annual Cash Flow
Payback point is the moment in time at which net income becomes positive.
In real estate, the cash flow generated by an investment is the rent, and the capital is the price of the property and the costs associated with the transaction.
Comparison Method
Let's compare the PP for real estate in Dubai, London, New York, Moscow, and Singapore.
On the Numbeo portal, we will select data on the price of real estate and the cost of rent for these cities.
☑️Dubai
Price per m² for an apartment:
▫️Not in the City Centre – $2,810
▫️In the City Centre – $4,845
Monthly cost of renting 1-bed apartment:
▫️Not in the City Centre – $1,350
▫️In the City Centre – $2,210
Let's assume that the area of the apartment is 50m². Then PP:
Not in the City Centre = (2,810 * 50) / (1,350 * 12) = 140,500/16,200 = 8.67 = 9 Years
In the City Centre = (4,845 * 50) / (2,210 * 12) = 242,250 /26,520 = 9.13 = 9 Years
When calculating, we do not take into account the cost of service charges, the increase in rent and income.
PP for the Apartment
Not in the City Centre
☑️Dubai – 9 Years
☑️New York – 16 Years
☑️London – 21 Years
☑️Moscow – 26 Years
☑️Singapore – 27 Years
In the City Centre
☑️Dubai – 9 Years
☑️New York – 18 Years
☑️London – 27 Years
☑️Moscow – 28 Years
☑️Singapore – 32 Years
Although the calculation is approximate, it allows one to obtain factual results. Dubai is the leader among 5 major world cities, and it provides investors with the fastest payback.
——
Get expert assistance in selecting the best real estate investments:
📞 +971523594274
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Real estate | Dubai | AX CAPITAL
29 Aug 2024 16:44
Ellington Properties has announced a showcase through its Foundation
The Foundation, founded in 2015, aims to promote emerging UAE artists.
Their works are used for interior decoration in the developer's projects.
As part of the new competition, participants are invited to create 2 sculptures to be placed at the entrance of Ellington Beach House on Palm Jumeirah.
Total prize – $54,400
🔑 The submission deadline – September 20, 2024
#developers_news
——
In 2023, over 690,000 foreign tourists received medical care in Dubai.
According to the Dubai Health Authority, Dubai's health tourism sector generated $280 million.
The Dubai Digital Authority reports that the tourists came from:
▫️Asia – 33%
▫️GCC Countries – 28%
▫️Europe and CIS – 23%
#news_uae
——
Azizi Developments has entered into a partnership with a leader in industrial automation, Danfoss.
The Danish company provides advanced technologies that integrate solar and wind energy into modern energy systems.
Sources: Trade Arabia, Property News
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Real estate | Dubai | AX CAPITAL
28 Aug 2024 12:10
Rent | Villa | $1,000,000 per year
📍District 1, MBR City
Fully upgraded Arabic-style villa in a gated community with the world's largest artificial lagoon. Panoramic windows and balconies offer scenic views of the landscaped garden.
🏖14km private beach
☑️Plot Area – 1,400m²
☑️Furnished
☑️Kitchen Appliances
☑️Study
☑️Maids' and Driver's Quarters
☑️5 Parking Spaces
In the community:
▫️Swimming Pool
▫️State-of-the-Art Gym
▫️Waterfront Promenade and Park
▫️Cycling and Running Tracks
▫️Kids' Playgrounds
▫️24/7 Concierge and Security
❗️The villa is vacant and ready to move in.
Agent: +971521432744
#longterm_rent
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Real estate | Dubai | AX CAPITAL
26 Aug 2024 17:10
Dubai Metro turns 15 on September 9. Entertainment and gifts
The celebration program by the Dubai Transport Authority (RTA) will include:
☑️Dubai Metro Music Festival, September 21–27
☑️Limited-edition nol cards featuring the logo of the company, LEGO Middle East, and postage stamps with a train image by Emirates Post
☑️Metro Babies. Children born on September 9th between 2009 and 2023 can celebrate their birthdays at Legoland Dubai
☑️Themed ice cream with a chance to win nol Terhaal discount cards
☑️Souvenirs by Al Jaber Gallery
——
The longest mountain trail has been opened in the UAE.
📍Hatta, Dubai
Dubai Municipality has completed the construction of The Hatta Mountain Trails project.
▫️53km of Cycling Routes
▫️33km of Walking Trails
▫️14 Rest Stops
▫️9 Bridges
——
Dubai will host world's largest chocolate festival, Salon du Chocolat et de la Pâtisserie.
Dates: September 18–20
The program will feature:
☑️Discussions on the Latest Trends in Pastry Scene
☑️Workshops Led by Globally Renowned Executive Chefs
☑️Chocolate Fashion Show
☑️43 Competitions
#life_dubai
Sources: Whatson, Arabian Business, Khaleej Times
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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
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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
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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
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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
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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%
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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
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Real estate | Dubai | AX CAPITAL
05 Sep 2024 16:29
Boutique project, Mayfair Gardens, by Majid Developments
📍Jumeirah Garden City
This is the first residential complex of the developer in the UAE. By 2025, Majid Developments plans to unveil 5 projects with investments of $136 million.
All residences of the 8-storey complex will have bright living rooms and equipped kitchens, integrated storage, and panoramic windows with views of the Dubai Skyline.
➤ 24 Studios
➤ 40 Apartments with 1 Bedroom
Prices: from $238,000
Features:
▫️Infinity Pool
▫️Gym and Yoga Studio
▫️Viewing Deck
▫️Landscaped Garden
▫️Foosball Table and Table Tennis
▫️Lounges and BBQ Areas
Payment Plan:
50% – During Сonstruction
50% – On Completion
🔑 Completion – Q2 2026
Source: Arabian Business
#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
04 Sep 2024 16:37
❗️ In 3 days, AX CAPITAL business meeting will take place in Germany
Explore Dubai's investment opportunities with VR and find out:
☑️How to profitably buy properties from €160,000 with payment plans up to 8 years
☑️How to receive passive income of 6%–12% per year and capital appreciation up to 50%
☑️How to become a UAE resident through property investment
MEETING PLACE
📍Steigenberger Frankfurter Hof
WHEN
September 7–8, 2024
10:00–19:00
It will be great to see you in Frankfurt am Main➡️
REGISTRATION
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Real estate | Dubai | AX CAPITAL
03 Sep 2024 18:17
❕❕❕❕❕ Apartments and Duplexes in Midora Residences
☑️Premium Finishing
☑️Bosch Household Appliances
☑️3 Years Payment Plan
📍Jumeirah Village Circle (JVC)
50-storey residential tower in the leading area by off-plan property sales. The architectural project by the Japanese bureau, Nikken Sekkei, known for One Za'abeel.
The landscaped podium features a swimming pool, boardwalk promenade, and leisure areas. All residences have European finishing, smart home system, and balconies.
For Sale:
➤ Apartments
1 Bedroom – from 83m²
2 Bedrooms – from 149m²
3 Bedrooms – from 192m²
Prices: from $344,000
➤ Duplexes
2 Bedrooms – from 163m²
Prices: from $797,000
Benefits:
▫️State-of-the-art Gym
▫️Yoga and Spa
▫️Co-working Spaces
▫️Private BBQ Areas
▫️Retail Outlets
▫️Kids' Playgrounds
Payment Plans:
➊ 10% – On Booking
40% – During Construction
50% – On Completion
➋ 10% – On Booking
30% – During Construction
60% – On Completion
🔑 Completion – Q3 2027
Leave a request: +971523594274
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
02 Sep 2024 17:08
❗️❗️❗️❗️❗️❗️ Apartments in EVERGR1N HOUSE
☑️Household Appliances
☑️Handover in 1.5 Years
☑️Various Green Spaces
📍Al Satwa
Stylish residential complex in the low-rise district, Jumeirah Garden Community. Excellent location next to Sheikh Zayed Road, 10 mins from the beach and Downtown Dubai.
The project features entertainment, sports, work, and family recreation areas, surrounded by lush greenery. All units are fully furnished and have panoramic windows with views of the Dubai Skyline or the Arabian Gulf.
For Sale:
➤ Studios – from 37m²
Prices: from $283,000
➤ 1 Bedroom – from 71m²
Prices: from $492,000
➤ 2 Bedrooms – from 106m²
Prices: from $715,000
➡️Smart home system and spacious balconies
Benefits:
▫️Swimming Pools and Spa
▫️Clubhouse
▫️State-of-the-art Gym
▫️Table Tennis
▫️Lounges and BBQ Area
▫️Kids' Playgrounds
Payment Plan:
50% – During Construction
30% – On Handover
🔑 Handover – Q2 2026
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
31 Aug 2024 13:44
Sale | Simlex | $1,500,000
📍Za'abeel, 5 mins to DIFC
Brand new apartment in the ultra-premium residential complex, One Za'abeel The Residences. Two towers connected by the world's longest cantilever, The Link, which features suspended infinity pool.
Spacious layout and top-of-the-line finishing. Beautiful scenery of Zabeel Park.
☑️Semi-open Kitchen
☑️Household Appliances
☑️Built-in Wardrobes
☑️Panoramic Windows
☑️Central A/C
☑️Pets Allowed
In the residence:
▫️Gym and Spa
▫️Event Hall
▫️Michelin Rated Restaurants
▫️Observation Deck
▫️Shops and Boutiques
▫️Concierge and Security 24/7
❗️The simplex is vacant and ready to move in.
Agent: +971521949965
#secondary_market
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Real estate | Dubai | AX CAPITAL
30 Aug 2024 12:39
❕❕❕❕❕ Apartments and Townhouses in Shoreline by DAMAC
☑️Private Beach
☑️5 Mins to Wynn Casino
☑️1% Monthly Payment Options
☑️4 Years Payment Plan
📍Al Marjan Island, Ras Al Khaimah
17-storey residential complex on the shore of View Island. The beach features pools with bars, aqua oasis, and leisure areas.
Interiors are decorated with installations by French sculptor, Vincent Faudemer. All units have spacious balconies with panoramic views of sunrise and sunset. 5-bedroom townhouses boast private pools, terraces, and game rooms.
For Sale:
➤ Apartments
1 Bedroom – from 75m²
2 Bedrooms – from 115m²
3 Bedrooms – from 183m²
Prices: from $499,000
➤ Townhouses
4 Bedrooms – from 294m²
5 Bedrooms – from 473m²
Prices: from $1,752,000
➡️Some residences have walk-in closets and maid's rooms.
Benefits:
▫️State-of-the-art Gym
▫️Yoga Studio and Spa
▫️Bamboo Forest
▫️Rooftop Bar and Zen Garden
▫️Viewing Deck
▫️Running Track
Payment Plans:
➊ 20% – On Booking
50% – During Construction
30% – On Completion
➋ 20% – On Booking
60% – During Construction
20% – On Completion
🔑 Completion – Q3 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
29 Aug 2024 11:00
The developer, Nakheel, has started marine works on the island megaproject
❗️This is an important stage in the development of the artificial archipelago.
Under the terms of the $220 million contract, the construction company, Jan De Nul Dredging LTD, will undertake dredging, land reclamation, and sand placement.
The first 8 fronds of the island will be ready for villa infrastructure by Q1 2025.
In May, the developer awarded a contract for the construction of roads on Palm Jebel Ali.
#developers_news
——
Dubai and Abu Dhabi have topped the list of preferred destinations for executive nomads
➤ According to the Executive Nomad Index report.
Benefits of the UAE's cities:
▫️Quality of Life
▫️Air Connectivity
▫️Prime Rents
▫️Internet Speed
TOP 5 Destinations
1️⃣Dubai
2️⃣Abu Dhabi
3️⃣Grenada
4️⃣Bali
5️⃣San Jose
——
UAE airlines fly to 600+ destinations.
This is an increase of 3.4%, compared to the end of 2023.
The carriers by the number of destinations:
☑️Air Arabia – 218
☑️Emirates – 144
☑️flydubai – 125
☑️Etihad Airways – 79
☑️Wizz Air – 40
#news_uae
Sources: Property News, Arabian Business, The National News
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Real estate | Dubai | AX CAPITAL
27 Aug 2024 11:30
Welcome to the Dubai Real Estate VR tour in Germany
AX CAPITAL Team will come to Frankfurt to discuss UAE real estate investments with residents and guests of the city.
Apple Vision Pro will be available for you to explore future real estate projects with VR tours.
MEETING PLACE
📍Steigenberger Frankfurter Hof
WHEN
September 7–8, 2024
10:00–19:00
WHAT WE'RE DISCUSSING
☑️How to buy profitably with payment plans up to 8 years
☑️How to receive passive income of 6%–12% per year and capital appreciation up to 50%
☑️How to become a UAE resident through property purchase
WHAT ELSE?
▫️Apartments and villas in Dubai from €160,000, including exclusive properties
▫️Residences from famous brands: Cavalli, De Grisogono, Ritz-Carlton, etc.
▫️Answers to any questions about life and investment in the UAE
It will be great to see you in Frankfurt am Main!
Register for the meeting➡️@
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Real estate | Dubai | AX CAPITAL
26 Aug 2024 11:57
In H1 2024, the country's non-oil sector reached a historic high
Non-oil foreign trade volume reached $380 billion, with exports experiencing a 25% increase.
Among the most important exports:
☑️Gold and Silver
☑️Cigarettes
☑️Oils and Perfumes
During the first 6 months 2024, the UAE's non-oil imports approached $217.8 billion. Compared to the H1 in previous years:
▫️2022, ↑ by 34.6%
▫️2023, ↑ by 11.3%
——
Dubai Land Department (DLD) has launched a video calling service for real estate investors.
The project, named 6005AQARI, aims to provide services remotely: through video calls or WhatsApp messages.
The new solution empower owners and tenants to manage real estate contracts from the comfort of their homes.
In August, DLD reduced the time for registering real estate transactions from days to minutes.
#life_dubai
——
From January to June 2024, Abu Dhabi hotels welcomed 2.4 million tourists.
According to the Department of Culture and Tourism – Abu Dhabi, hotel revenues incresed to $866 million.
TOP 3 emirate's destinations by the number of visitors:
☑️Abu Dhabi: 2.2 Million
☑️Al Ain: 169,000
☑️Al Dhafra: 64,000
#news_uae
Sources: Arabian Business, DLD, Property News
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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
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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
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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
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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
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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
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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
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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
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