Real estate | Dubai | AX CAPITAL
14 Oct 2024 13:21
The UAE's capital is the world's leader in terms of sovereign wealth fund (SWF) capital
➤ According to the data platform, Global SWF.
The city manages $1.67 trillion in assets.
TOP 3 Cities by SWF
1️⃣Abu Dhabi – 1.67 trillion
2️⃣Oslo – 1.66 trillion
3️⃣Beijing – $1.3 trillion
Abu Dhabi's public capital is projected to reach $3.4 trillion by 2030.
——
Abu Dhabi University has entered TOP 200 educational entities globally for the first time
➤ According to the ranking, Times Higher Education 2025.
Over 2,000 universities from 115 countries were ranked according to 18 indicators.
Abu Dhabi University took the 2nd place in the Middle East region and the 191th place globally.
——
The UAE's highest water slide will open in Abu Dhabi.
📍Yas Island
In 2023, Abu Dhabi's company behind immersive destinations, Miral, announced the expansion of the water park, Yas Waterworld:
☑️18 New Rides
☑️8 Pools
☑️3.3km of Slide Sections
🔑 Completion – 2025
#news_abu_dhabi
Sources: The National News, Khaleej Times, Time Out Dubai
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Real estate | Dubai | AX CAPITAL
11 Oct 2024 17:01
What You Need to Know About Dubai's Largest New District
Dubai South sets the global standard for creating future communities. Its infrastructure, eco-friendliness, and price growth potential make it one of the most attractive areas for investors.
General Information
▫️Area: 145km²
▫️Population: 1+ million people (expected)
▫️Developers: Dubai South Properties, Emaar, etc.
10 Facts About Dubai South
1️⃣It was conceived by Ruler of Dubai as an economic driver for the emirate's development, attracting businessmen and tourists from all over the world.
2️⃣The project was announced in 2006 under the name Dubai World Central. In 2015, it was renamed Dubai South.
3️⃣In 2013, the district was chosen as the venue for World Expo 2020.
4️⃣Dubai South encompasses 8 sub-areas, including residential, commercial, logistics, aviation, hospitality, and entertainment clusters.
5️⃣Proximity to major highways allows easy access to any Dubai location. In June 2021, the Expo 2020 metro station opened.
☑️20 mins – Jebel Ali Beach
☑️30 mins – Palm Jumeirah
☑️35 mins – Downtown Dubai
6️⃣It is a global business hub with over 500,000 job opportunities and numerous offices.
7️⃣The district is home to Al Maktoum International Airport, which will become the world's largest, with a capacity of 260 million passengers per year.
8️⃣It has direct access to one of the biggest ports globally, Jebel Ali Port. The district plays a key role in international transportation, humanitarian aid, and trade.
9️⃣Dubai's leading developers offer residential freehold properties:
☑️Emaar – community, Emaar South, featuring a championship golf course
☑️Azizi – residential complex, Azizi Venice, located along an 18km lagoon
☑️Dubai South Properties – multi-phase community, South Bay, with beaches, parks, schools, and shopping centres
🔟One of the world's largest air shows, Dubai Airshow, is held here. It showcases aircraft exhibitions and presentations of innovative technologies.
Average Prices for Apartments
1 Bedroom – From $177,000
2 Bedrooms – From $290,000
3 Bedrooms – From $467,000
Average Annual Rent
1 Bedroom – From $15,000
2 Bedrooms – From $21,000
3 Bedrooms – From $31,000
❗️ Max ROI – 8.09% for 1-bedroom apartments
Launches in Dubai South
☑️Greenway 2
☑️Greenridge
☑️Fairway Villas 3
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Real estate | Dubai | AX CAPITAL
10 Oct 2024 16:00
❗️❗️❗️❗️❗️❗️ Apartments in Samana Rome
☑️Pools on Balconies
☑️5 Year Payment Plan
☑️1% Monthly Payment Options
☑️20 Mins to Downtown Dubai
📍Meydan, District 11
Stylish residential complex of two 6-storey buildings. The common podium features an infinity pool surrounded by greenery, outdoor cinema, leisure and BBQ areas. All units have smart home systems, laundries, and balconies.
Everything for a comfortable living within a community: parks, lagoons, nurseries, international schools, clinics, shops, and restaurants.
For Sale:
➤ 1 Bedroom – from 70m²
➤ 2 Bedrooms – from 111m²
Prices: On Request
➡️Studies and walk-in closets
Benefits:
▫️Fitness Centre
▫️Yoga and Spa
▫️Sports Grounds
▫️Rooftop Lounge
▫️Valet Parking
▫️Kids' Play Areas
Payment Plan:
Receipts for EOI requests ➤ $6,800
15% – On Booking
61% – During Construction
24% – Within 24 Months Post-handover
🔑 Handover– Q2 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
09 Oct 2024 16:06
Rent | Villa | $408,000 per year
📍MBR City
2-storey villa in the prestigious community, District One, boasting the world's longest crystal lagoon. Panoramic windows and balconies provide views of the park and the Dubai Skyline. The plot features a landscaped garden and a pool with relaxation and BBQ areas.
10 mins – Downtown Dubai
☑️Fully Furnished
☑️Household Appliances
☑️Study
☑️Maid's Service
☑️Garage for 3 Cars
☑️Kids' Play Area
For owners:
▫️14km waterfront promenade
▫️Swimming Pools and Beaches
▫️State-of-the-art Gyms
▫️Jogging and Cycling Tracks
▫️Sports Grounds
▫️Shops and Restaurants
❗️The villa is vacant and ready to move in
Agent: +971521432744
#longterm_rent
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Real estate | Dubai | AX CAPITAL
08 Oct 2024 16:53
How to Obtain UAE Residency Through Real Estate Investments
Dubai Land Department (DLD) issues 3 types of visas for real estate investors:
1️⃣ 2-Year Investor Visa
▫️Property value: from $204,000
▫️Construction stage can be as low as 0%
▫️Payment of at least $102,000 is required, regardless of whether the property is mortgaged or under a payment plan
▫️To maintain this visa, the investor must enter the UAE at least once every 365 days
2️⃣ 5-Year Retirement Visa
▫️Applicant's Age: 55+
▫️Property Value: from $272,000
▫️Construction Stage: from 50%
▫️Payment of at least $272,000 is required, regardless of whether the property is mortgaged or under a payment plan
▫️To maintain this visa, an investor must enter the UAE at least once every 365 days
3️⃣10-Year Golden Visa
▫️Property Value: from $545,000
▫️Construction Stage: from 50% – guaranteed approval, less than 50% – pre-approval is required
Important Information
☑️Both residential and commercial property are permitted
☑️Joint ownership with non-family member is permitted. In this case, the value of the applicant's share is taken into account
☑️Investments in several properties are allowed, their total value is taken into account
☑️The visa holder can issue visas to family members
☑️The visa can be renewed an unlimited number of times, as long as the property remains owned
❗️In the event of the sale of the property, the visa is subject to cancellation
____
Any of the visas can be processed through our division ➤ AX CORPORATE
Processing Time: 3–20 days
Fees: from $5,000
📞+971521925615
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Real estate | Dubai | AX CAPITAL
07 Oct 2024 16:33
❕❕❕❕❕ Villas in Sobha Siniya Island
☑️Lagoon and Beach
☑️Helicopter Landing Pad
☑️18-hole Golf Course
☑️Premium Sobha Quality
📍Siniya Island
Collection of 3-storey villas on the natural island off the coast of Umm Al Quwain. The eco-friendly community surrounded by lush mangroves and nature reserves. Within walking distance – a yacht club, waterfront boulevard, bird watching deck, retail mall, and restaurants.
All houses feature smart home systems, fully fitted kitchens, premium sanitary, and marble floors.
For Sale:
➤ 4 Bedrooms – from 447m²
Plot – from 533m²
Prices: from $2,900,000
➤ 5 Bedrooms – from 673m²
Plot – from 822m²
Prices: from $4,500,000
➤ 6 Bedrooms – from 909m²
Plot – from 972m²
Prices: from $6,400,000
➡️Balconies, terraces, walk-in closets, and maids' rooms
Benefits:
▫️State-of-the-art Gym
▫️Wellness Centre
▫️Beach Club
▫️Business Lounges
▫️Paddle Tennis and Squash
▫️Leisure and BBQ Areas
Payment Plan:
10% – Down Payment
50% – During Construction
40% – On Completion
🔑 Completion– Q4 2027
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
05 Oct 2024 16:00
❗️❗️❗️❗️❗️❗️ Apartments in MAG 777
☑️Golf Course Views
☑️Next to the Lake
☑️Balconies in All Units
☑️Handover in a Year
📍Dubai Sports City
22-storey residential complex in a dynamic area known for sports grounds and complexes. Within walking distance: schools, shops, restaurants, and parks.
The rooftop of the building features an infinity pool with relaxation and BBQ areas.
For Sale:
➤ Studios – from 42m²
Prices: from $212,000
➤ 1 Bedroom – from 68m²
Prices: from $348,000
➤ 2 Bedrooms – from 129m²
Prices: from $511,000
Benefits:
▫️State-of-the-art Gym
▫️Sauna, Steam, and Cold Plunge Room
▫️Pilates and Yoga
▫️Canal Promenade
▫️Landscaped Gardens
▫️Basement Parking
Payment Plan:
Receipts for EOI request ➤ $14,000
10% – Down Payment
20% – During Construction
70% – On Handover
🔑 Handover – Q4 2025
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
04 Oct 2024 17:04
The developer, OMNIYAT, has launched the ultra-luxury complex, The Alba, Dorchester Collection
📍Palm Jumeirah
The $1.9 billion project includes a hotel and private residences:
▫️Apartments
▫️Simplexes and Duplexes
▫️Penthouses
Architecture – Zaha Hadid Architects
Landscape design – Vladimir Djurovic
Features:
☑️Dorchester Collection's First Garden Retreat by the Sea
☑️Pools, Jacuzzis, and Terraces in Each Residence
____
First branded Swissôtel Waterfront Residences will be built in Dubai.
📍Dubai Islands
The residential complex by the hotel chain, Accor, will include:
▫️Apartments
▫️Townhouses
▫️Penthouse
For residents:
☑️Marina Views
☑️Rooftop Pool
☑️Cinema and Wine room
🔑 Completion – 2027
____
The developer, London Gate, has presented a project of the residential tower, Franck Muller Vanguard Tower.
📍Dubai Marina
The 34-storey building for $436 million follows the success of the Franck Muller Aeternitas Tower.
The tower will feature 722 units, including studios and apartments with 1–3 bedrooms.
Area: from 38m²
Prices: from $340,000
🔑 Completion – Q3 2027
#developers_news
Sources: Trade Arabia, Arabian Business
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Real estate | Dubai | AX CAPITAL
03 Oct 2024 17:10
Dubai's key plans in real estate, education, and transport industries have been approved
The Dubai government has confirmed 5 major targets for 2033:
1️⃣Real Estate. Increase the number of transactions by 70% and the total value to $272 billion
2️⃣Education. Implement the concept of lifelong learning and promote the development of talents in the UAE
3️⃣Cashless Strategy. Boost digital transactions in all sectors and rank among the TOP 5 cashless cities globally
4️⃣Suspended Transport. Launch a 65km suspended system and increase the share of public transport journeys to 26% by 2030
5️⃣Dubai National Archives. Preserve the history and heritage of Dubai
——
Dubai will host the world's largest business forum – Megacampus Summit Dubai 2024.
📍Coca-Cola Arena
Dates: December 2–3, 2024
Prices: from $500
The event will feature world-renowned speakers:
▫️Billionaire, Richard Branson
▫️Legendary Director, Luc Besson
▫️Former Facebook Executive, Randi Zuckerberg
13,000 attendees will have a chance to personally discuss innovations, spiritual development, and new business opportunities with leading global entrepreneurs.
#life_dubai
Sources: Whatson, The National News
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Real estate | Dubai | AX CAPITAL
02 Oct 2024 16:18
❕❕❕❕❕ Apartments in Vida Residences Club Point
☑️Vistas of 18-hole Golf Course
☑️Vida Branded Style
☑️Developer – Emaar
📍Dubai Hills Estate
Stylish residential complex of two 23-storey towers in the community surrounded by gardens. The common podium features kids' and adult pools, BBQ areas, and event spaces. Spacious layouts and panoramic windows.
Close proximity to the King's College Hospital and GEMS School. In the community: 18,000m² park and Dubai Hills Mall.
For Sale:
➤ Apartments
1 Bedroom – from 85m²
Prices: from $438,000
2 Bedrooms – from 126m²
Prices: from $632,000
3 Bedrooms – from 168m²
Prices: from $926,000
➡️All units have balconies
Benefits:
▫️State-of-the-art Gym
▫️Golf Club
▫️Rooftop Cinema
▫️Sports Grounds
▫️Restaurants and Supermarkets
▫️Nurseries and Kids' Play Areas
Payment Plan:
10% – Down Payment
70% – 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
01 Oct 2024 16:01
❕❕❕❕❕ Apartments, Penthouses, and Duplexes in Bay Grove Residences
☑️500m² Private Beach
☑️Waterfront Boardwalk
☑️Developer – Nakheel
☑️Lagoon Pool on the Seashore
📍Dubai Islands
Four mid-rise residential complexes on an artificial island. The common podium features kids' and adult pools, parks and gardens, leisure and BBQ areas.
Spacious layouts, all units have balconies and walk-in closets. Some units boast expansive wrap-around balconies and terraces with sea views.
For Sale:
➤ Apartments
1 Bedroom – from 81m²
Prices: from $504,000
2 Bedrooms – from 119m²
Prices: from $719,000
3 Bedrooms – from 197m²
Prices: from $1,184,000
➤ Penthouses and Duplexes
4 Bedrooms– from 316m²
Prices: from $2,069,000
Benefits:
▫️Clubhouse
▫️Fitness Centre
▫️Yoga Room
▫️Co-working
▫️Jogging Paths
▫️Kids' Play Areas
Payment Plan:
20% – Down Payment
50% – During Construction
30% – On Handover
🔑 Handover – Q3 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
30 Sep 2024 16:06
By the end of 2025, 10,000 new hotel rooms will open in Dubai
In H1 2024:
☑️12 New Hotels Were Opened
☑️Over 2,700 New Hotel Rooms Were Added
The 4* hotel sector expanded by 436 rooms. An increase of 216%, compared to 2023.
Luxury hotels account for 67% of the market. Upper midscale and midscale – for 27%, economy category – for 5%.
Hotel occupancy rates:
☑️Dubai – 78%
☑️Fujairah – 76%
☑️Abu Dhabi & Ras Al Khaimah – 72%
Another 40 Dubai hotels are due for delivery by the end of 2025. In 2026–2027: +4,748 additional rooms.
——
IHG Hotels and Resorts announced the world’s tallest hotel.
📍Dubai Marina
The 80-storey tower, Ciel, Vignette Collection, is the most luxurious project by the developer, The First Group.
Features:
▫️Design by London-based NORR Group
▫️Dubai's Highest Infinity Pool
▫️Glass Observation Deck With 360° Views and 3 Restaurants
▫️Winner of 3 Architecture Awards, Including Best International Hotel Architecture
🔑 Completion – 2025
#dubai_real_estate
Sources: Arabian Business, Trade Arabia
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Real estate | Dubai | AX CAPITAL
28 Sep 2024 15:44
Sale | Apartment | $6,800,000
📍Palm Jumeirah
Apartment with a big layout in one of The World’s 10 Best Hotels, Atlantis The Royal. 5* service and spacious balcony with views of the sea and palm trees.
🏝 Direct access to private beach
☑️Open Kitchen
☑️Gaggenau Appliances
☑️Walk-in Closet
☑️Panoramic Windows
☑️Italian Marble
☑️Maid's Room
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 4K video is available on our YouTube channel ➤ Watch
Agent: +971529264805
#secondary_market
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Real estate | Dubai | AX CAPITAL
27 Sep 2024 12:30
❕❕❕❕❕ Apartments and Townhouses in Pier Point
☑️Direct Access to Marina and Promenade
☑️Panoramic Sea Views
☑️Floating Restaurant
☑️Developer – Emaar
📍Mina Rashid
Two residential complexes in the premium French Riviera-style community. Landscaped podiums feature infinity pools, yoga areas, and landscaped gardens. 2-storey townhouses have spacious rooftop terraces.
The longest canal pool in Dubai (500m), 12,600m² beach, park, art galleries, museum, and theatre are in walking distance.
For Sale:
➤ Apartments
1 Bedroom – from 72m²
Prices: from $526,000
2 Bedrooms – from 113m²
Prices: from $781,000
3 Bedrooms + Study – from 155m²
Prices: from $1,108,000
➤ Townhouses
3 Bedrooms – from 215m²
Prices: from $2,377,000
➡️Balconies, walk-in closets, and laundries in all units
Benefits:
▫️State-of-the-art Gym
▫️Wellness Centre
▫️BBQ Areas
▫️Multipurpose Rooms
▫️Shops and Restaurants
▫️Kids' Play Areas
Payment Plan:
10% – On Booking
70% – During Construction
20% – On Completion
🔑 Completion – Q4 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
26 Sep 2024 13:29
❗️❗️❗️❗️❗️❗️ Apartments in SAMANA Ibiza
☑️Kitchen Appliances
☑️8 Years Payment Plan
☑️Prices From $190,000
☑️0.5% Monthly Post-handover Payments
📍Dubailand
21-storey resort-style building. All units have a smart home system and pools on balconies. The landscaped podium boasts pools and jacuzzi with leisure areas, waterfall features, sports courts, and outdoor cinema.
18 mins – Downtown Dubai
For Sale:
➤ Apartments
Studios – from 45m²
1 Bedroom – from 80m²
2 Bedrooms – from 110m²
Prices: from $190,000
➡️Walk-in closets and storage rooms in some units
Benefits:
▫️Fitness Centre
▫️Jogging Track
▫️Steam and Sauna
▫️BBQ Area
▫️Valet Parking
▫️Kids' Play Areas
Payment Plans:
Receipts for EOI request ➤ $6,800
1️⃣20% – On Booking
57% – During Construction
23% – Within 46 Months Post-handover
2️⃣15% – On Booking
57% – During Construction
28% – Within 56 Months Post-handover
🔑 Handover – Q3 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
12 Oct 2024 11:54
Rent | Penthouse | $408,000 per year
📍MBR City
Spacious penthouse on the upper floors of the elite residential complex next to a crystal lagoon.
A black marble stair with spectacular lighting leads to the second floor. Panoramic windows in bathrooms offer views of Burj Khalifa.
☑️Fully Furnished
☑️High End Household Appliances
☑️Built-in Wardrobes
☑️Balcony
☑️Smart Home System
☑️Covered Parking
For owners:
▫️Beach and 14km Waterfront Promenade
▫️State-of-the-art Gym
▫️Jogging and Cycling Tracks
▫️Landscaped Parks
▫️Schools and Nurseries
▫️Kids' Playgrounds
❗️The penthouse is available and ready to move in
Agent: +971521864680
#longterm_rent
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Real estate | Dubai | AX CAPITAL
11 Oct 2024 13:30
❕❕❕❕❕ Apartments in Cove Edition 2 by Imtiaz
☑️Prices from $163,000
☑️5 Years Payment Plan
☑️15 Mins to Global Village
📍Dubailand
Mid-rise residential complex surrounded by greenery. The rooftop of the building features an infinity pool, cabanas with vistas of Dubai Skyline, outdoor cinema, and BBQ areas. Within the community: international schools, universities, malls, shops, and restaurants.
All units are fully furnished and have balconies.
For Sale:
➤ Studios – from 36m²
Prices: from $163,000
➤ 1 Bedroom – from 69m²
Prices: from $245,000
➤ 2 Bedrooms – from 108m²
Prices: from $343,000
➡️Some units boast private pools on balconies or terraces
Benefits:
▫️Gym
▫️Kids' Pool
▫️Club Room
▫️Rooftop Lounge
▫️Extra Visitor's Parking
▫️EV Сharging Stations
Payment Plan:
20% – On Booking
35% – During Construction
15% – On Completion
30% – Within 3 Years Post-handover
🔑 Completion – Q4 2026
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
10 Oct 2024 13:28
The future of Expo City Dubai: development master plan has been approved
The goal is to transform the area into a major driver of future growth for Dubai.
The plan includes:
▫️Residential and Office Facilities for 75,000 People
▫️Headquarters for Global Port Operator, DP World
▫️Creation of an Environment for Innovative Companies
▫️Modernization of the Dubai Exhibition Centre
Expo City Dubai will consist of 5 districts
1️⃣Expo Hills – low-density residential community
2️⃣Expo Fields – district focused on wellness
3️⃣Expo Business – hub for innovative companies
4️⃣Expo Downtown – featuring the Al Wasl dome, floating Terra Gardens, and Terra Tower
5️⃣Expo Forest – leisure areas, social and educational spaces
The plan aligns with the Dubai 2040 Urban Master Plan and the Dubai Economic Program D33.
#news_uae
——
Developer, Amaal, has announced its debut project, Amaal 8.
📍MBR City
The 48-storey building near the Ras Al Khor Wildlife Sanctuary will include 512 units:
▫️Apartments
▫️Residences Infinity Collection
Features:
☑️Eco-friendly Materials
☑️Pools and Spa
☑️Cinema and Mini-golf
🔑 Completion – Q4 2028
#real_estate_dubai
Sources: Khaleej Times, Trade Arabia
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Real estate | Dubai | AX CAPITAL
09 Oct 2024 15:10
❕❕❕❕❕ Apartments in Binghatti Grove
☑️Fully Equipped Kitchens
☑️1.5 Year Payment Plan
☑️15 Mins to Global Village
📍Jumeirah Village Circle (JVC)
Stylish 48-storey tower in the leading area by off-plan property sales. The podium features adult and kids' pools, sports grounds, leisure areas, and landscaped gardens.
All units have smart home systems, spacious layouts, and premium finishing from sustainable materials.
For Sale:
➤ 1 Bedroom – from 74m²
Prices: from $327,000
➡️Service Charge: $35–$41 per m² per year
Benefits:
▫️Yoga Area
▫️Paddle Tennis
▫️Mall and Shops
▫️Schools and Clinics
▫️Cafes and Restaurants
▫️Kids' Playgrounds
Payment Plan:
20% – Down Payment
50% – During Construction
30% – On Completion
🔑 Completion – Q1 2026
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
08 Oct 2024 14:13
Exceptional educators can apply for a long-term UAE visa
Teachers at private early childhood centres, schools, and higher education institutions in Dubai are now eligible to get the UAE Golden Visa.
To qualify, candidates must demonstrate outstanding achievements recognised by the educational community.
This initiative is part of Dubai's new Education 2033 Strategy.
——
The UAE will exempt VAT for cryptocurrency transactions.
Starting November 15, 2024, VAT will not be charged on several activities, including:
☑️Cryptocurrency Conversion
☑️Investment Fund Management
☑️Transfer of Ownership of Digital Assets
The regulator also considers refunding VAT previously paid on cryptocurrency transactions starting from January 1, 2018.
The rule was enacted under the UAE Cabinet Decision No. 100 of 2024.
#law_uae
——
Ruler of Dubai has launched the UAE agricultural program, Plant the Emirates.
The project aims to increase national food security.
Goals over next 5 years:
↑ The number of farms and organic farms by 20%–25%
↑ The share of agricultural products in restaurants and hotels by 25%
↑ The number of workers in the sector by 15%
↓ Agricultural waste by 50%
#news_uae
Sources: WAM, Khaleej Times
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Real estate | Dubai | AX CAPITAL
07 Oct 2024 11:19
Last Month Bestseller Projects
According to the Dubai Land Department data:
➤ In September 2024, 17,503 property transactions worth $11,8 billion were completed in Dubai.
Property deals show 113% volume ↑ and 68% value ↑ compared to September 2023.
36% ➤ 6,227 transactions worth $5.5 billion – Existing Properties
64% ➤ 11,276 transactions worth $6.3 billion – Off-plan Properties
Compared to September 2023:
➤ Existing properties – volume ↑ by 12%, the value ↑ by 2%
➤ Off-plan properties – volume ↑ by 325%, the value ↑ by 262%
TOP 5 Residential Projects by Sales Value
Apartments
1️⃣Address Residences Dubai Hills Estate – $188 million
2️⃣Address Residences Dubai Creek Harbour – $169 million
3️⃣Golf Point – $168 million
4️⃣Club Place – $157 million
5️⃣360 Riverside Crescent – $109 million
Villas and Townhouses
1️⃣Riverside – $417 million
2️⃣Athlon by Aldar – $174 million
3️⃣Amali Island – $145 million
4️⃣Venera, The Valley 2 – $106 million
5️⃣Greenway 2 – $103 million
1st Place by Sales Volume
Apartments – Golf Point
Villas and Townhouses – Riverside
#real_estate_dubai
Source: Dubai Land Department
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Real estate | Dubai | AX CAPITAL
05 Oct 2024 11:54
Sale | Apartment | $4,400,000
📍Bluewaters Residences, 5 mins to Dubai Marina
185m², 3 bedrooms, 4 bathrooms
Bright apartment with designer renovations, located within walking distance of the coast. Each room feature panoramic windows with stunning sea views.
☑️Fully Furnished
☑️Open Kitchen
☑️Household Appliances
☑️Study
☑️Balcony
☑️Built-in Wardrobes
In the community:
▫️265-metre pedestrian bridge connecting the island to the JBR beach
▫️Pools
▫️Gym
▫️Basketball Courts
▫️Cafes and Restaurants
▫️Concierge and Security 24/7
▫️Kids' Play Areas
❗️More 4K videos on our YouTube channel ➤ axcapitalrealestate?si=O8t9CgrLLBLxhc7Z">Watch
Agent: +971586448869
#secondary_market
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Real estate | Dubai | AX CAPITAL
04 Oct 2024 12:37
Special offer for businesswomen in October
AX CORPORATE offers favourable terms for business registration within the Dubai Free Zone.
🔥 Throughout October, women can get a 10% discount
Benefits:
▫️Seamless Process
▫️Expert Guidance
▫️Tailored Solutions
▫️Comprehensive Support
____
To contact AX CORPORATE:
📞 +971521925615
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Real estate | Dubai | AX CAPITAL
03 Oct 2024 11:49
How to Get a Mortgage in Dubai: Residents and Non-residents
In Dubai, you can apply for a mortgage to purchase ready property or to close the final tranche on a payment plan.
Mortgage terms vary depending on whether the applicant has the status of a resident of the UAE.
▫️Residents▫️
⠀
❗️It is easier to get a mortgage for an employee than for a self-employed or a business owner
⠀
Processing Time: from 1 month
⠀
Interest Rates
⠀
Fixed: from 3.94% for 2 years
Floating: from 0.55% + 3-month EIBOR
⠀
Down Payment
⠀
20%. Financing volume – up to 80%
⠀
Maximum Mortgage Term
⠀
25 years, until reaching retirement age➡️
⠀
For employees: 65 years
For self-employed: 70 years
Minimum Work Experience
⠀
For employees: 6 months
For self-employed: 2 years of running a business under a trade license
⠀
Minimum Income
For employees: $2,700 per month. Most banks consider salaries starting at $4,000
⠀
For self-employed: an average daily balance of at least $7,000 on a personal account over 3–6 months
Important
☑️Every debt in the UAE is taken into account. If a personal loan has been taken within 6 months, the application may be rejected
⠀
▫️Non-residents▫️
⠀
The process is more complex, and the terms are less favourable.
⠀
Processing Time: from 2 months
⠀
Interest Rates
⠀
Fixed: from 5.49% for 3 years
Floating: from 1.35% + 3-month EIBOR
⠀
Down Payment
⠀
From 40%. Financing volume – up to 60%
⠀
Banks
⠀
Most successful cases with residents take place in CBD. The loan amount can exceed $2,700,000
⠀
Minimum Income
⠀
An average daily balance of $7,000–$14,000 on a personal account within 3–6 months
⠀
Important
⠀
☑️Non-residents undergo Compliance Approval to confirm they are not involved in illegal activities
____
⠀
High-quality articles about the UAE's real estate every week. Read how to resell off-plan property.
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Real estate | Dubai | AX CAPITAL
02 Oct 2024 11:16
Sale | Apartment | $1,500,000
📍Bluewaters Residences, 5 mins to Dubai Marina
Upgraded apartment with interior design in pastel shades. The abundance of natural light makes the space warm and cozy.
The spacious terrace faces the lush green courtyard. Perfect for a quiet and relaxing holiday.
☑️Open Kitchen with an Island
☑️Miele Appliances
☑️Laundry Room
☑️Panoramic Windows
☑️Built-in Wardrobes
☑️Central A/C
In the community:
▫️265-metre pedestrian bridge connecting the island to the JBR beach
▫️Swimming Pools
▫️State-of-the-art Gyms
▫️Basketball Courts
▫️Cafes and Restaurants
▫️24/7 Concierge and Security
▫️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
30 Sep 2024 13:49
Renting is the choice of most Dubai residents. Figures and trends
➤ According to the report, The Future Living: Dubai 2024 Edition.
The survey involved 1,600+ Dubai residents, 72% of whom expect housing prices to rise within a year.
1️⃣Nearly 77% of respondents choose to rent, of which 79% opt for long-term rentals
2️⃣23% are homeowners. 36% of whom plan to invest in property within 1–3 years
3️⃣The rent-to-income ratio in Dubai is 30%. For comparison, in New York and London, it’s 40%–50%
4️⃣55% of tenants expect their rents to rise by 5%–10% during their next lease renewal
——
In H1 2024, office rents in Dubai climbed 22.4%.
According to Knight Frank, the occupancy level for Grade A offices exceeded 90%.
A shortage of office space is expected to persist.
Most expensive areas for rent:
☑️DIFC – $1,000 per m²
☑️Trade Centre District – $1,000 per m²
In H1 2024, compared to the same period in 2023:
▫️Transaction Value – $7.4 billion, ↑ by 24%
▫️Number of Transactions – 1,414, ↑ by 6%
#dubai_real_estate
Sources: Arabian Business, Trade Arabia
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Real estate | Dubai | AX CAPITAL
27 Sep 2024 17:52
What is Necessary for Selling Your Off-Plan Property
Before reselling an off-plan property, the owner must pay the developer a certain percentage of the property's value. This typically ranges from 30%–40%, unless the Sales and Purchase Agreement (SPA) states otherwise.
Resale Process
1️⃣The agent showcases the property on real estate platforms
2️⃣Once a potential buyer emerges, the transaction process begins
3️⃣The parties obtain the No-Objection Certificate (NOC) from the developer
4️⃣The buyer and seller sign contracts:
▫️Form F or Memorandum of Understanding (MOU), an Agreement Between the Parties
▫️Separate Contracts With the Representing Agent
5️⃣Upon MOU signing, the buyer secures their interest with a 10% deposit
6️⃣The deal is finalized at the Trustees Centre: payment and registration
7️⃣Once the transfer is complete, the buyer takes over all outstanding payments, including:
▫️Service Charges
▫️Remaining Instalments
Buyer's Expenses
☑️NOC Charges: $1,400
☑️Agency Commission: 2%
☑️DLD Registration Fee: 4%
☑️Property Transfer Fee: $500–$1,000
What if the Mandatory Percentage Isn't Paid to the Developer
A new buyer can cover it for the seller, but they must have compelling incentives:
☑️Low Price
☑️Property in High Demand
Profit Potential of Off-Plan Investments
This strategy can yield impressive returns, especially with payment plans.
For example, you buy a $1 million apartment at launch time and invest 40% ($400,000). Later, you resell it for $1.2 million.
The return is: 200,000 ÷ 400,000 = 50%.
However, the reselling process may take time. You might need to increase your initial investment beyond 40% or even fully finance the property while awaiting the right buyer or market conditions.
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Real estate | Dubai | AX CAPITAL
26 Sep 2024 16:22
Ruler of Dubai has approved $2.7 billion plan for the Dubai Exhibition Centre (DIEC) renovation
📍Expo City Dubai
The expansion will take place in 3 key phases and will include:
☑ Increase in the exhibition area to 180,000m², accommodating 26 halls with a total length of 1.2km
☑️Enhancements of road networks and multi-storey parking
☑️Construction of 300+ hotels, retail outlets, and offices
By 2031, DEC plans to become the largest region's exhibition centre and will hold 600+ events per year.
The expansion is part of Dubai 2040 Urban Master Plan.
#life_dubai
——
Abu Dhabi's largest developer, Aldar, will invest $408 mln in the hospitality sector.
As part of the partnership with premium hotel brands:
▫️Collaboration with Hilton will transform the Eastern Mangroves hotel into a premium resort under the Waldorf Astoria brand
▫️Yas Plaza Hotels will become the largest project under the brand, Vignette Collection, by the hotel chain, IHG
#developers_news
Sources: Dubai Media Office, The National News
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Real estate | Dubai | AX CAPITAL
25 Sep 2024 19:55
❗️❗️❗️❗️❗️❗️ Apartments, Penthouses, Duplex and Villa in Playa Del Sol
☑️Yacht-taxi to Wynn Casino
☑️Sea Views
☑️Within Walking Distance – Park
☑️Premium Quality by Ellington
📍Al Marjan Island, Ras Al Khaimah
17-storey complex with direct access to the promenade and private jetty. The internal territory boasts a spa terrace, cascade waterfall and gardens. The first floor has resort-style adult pools, water lounge, and leisure areas.
The villa with an individual entrance features a gym, game room, and private pool on the terrace.
For Sale:
➤ Apartments
Studios – from 37m²
1 Bedroom – from 63m²
2 Bedrooms – from 99m²
3 Bedrooms – from 176m²
➤ Duplex
3 Bedrooms – 351m²
➤ Penthouses
4 Bedrooms – from 321m²
➤ 2-storey Villa
5 Bedrooms – 806m²
Prices: On Request
➡️Laundries, balconies, and studies
Benefits:
▫️Gyms
▫️Clubhouses
▫️Yoga Studio
▫️Beauty Salon
▫️Squash Court
▫️Kids' Play Areas
Payment Plan:
20% – On Booking
40% – During Construction
40% – On Completion
🔑 Completion – Q4 2027
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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