Real estate | Dubai | AX CAPITAL

31 Oct 2024 10:10

❗️❗️❗️❗️❗️❗️ Apartments, Duplexes, and Penthouses in One Park Square

☑️Prices from $197,000
☑️40m Infinity Pool
☑️5 Mins to Circle Mall

📍Jumeirah Village Circle (JVC)

Stylish 30-storey residential tower in the most popular area for buying property. Investment with excellent value for money.

Everything for a comfort living within walking distance: over 30 parks, international schools, nurseries, and supermarkets.

For Sale:

➤ Apartments
Studios – from 39m²
Prices: from $197,000
1 Bedroom – from 69m²
Prices: from $286,000
2 Bedrooms – from 101m²
Prices: from $430,000

➤ Duplexes
2 Bedrooms – from 205m²
Prices: On Request

➤ Penthouses
3 Bedrooms – from 311m²
Prices: from $803,000

Benefits:

▫️Clubhouse
▫️Fitness Centre
▫️Sauna and Steam Room
▫️Skate Park
▫️Jogging Paths
▫️Kids' Play Area

Payment Plan:

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

🔑 Completion – Q2 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

30 Oct 2024 10:04

❕❕❕❕❕ Apartments and Townhouses in Address Residences Al Marjan Island

☑️Exclusive Branded Residences by Emaar
☑️Direct Access to 40,000m² Beach
☑️Panoramic Sea Views
☑️4-year Payment Plan

📍Al Marjan Island, Ras Al Khaimah

Final phase of the premium resort-style residential project on the man-made island. Medium-rise buildings and 2-storey townhouses are nestled along the shore of the bay. Part of the portfolio of the well-known hotel chain, Address Hotels + Resorts.

The expansive beach area offers kayaking, yoga deck, lounge zone, and dining options including The Restaurant at Address.

For Sale:

➤ Apartments
1 Bedroom – from 61m²
2 Bedrooms – from 106m²
Prices: from $474,000

➤ Townhouses with Terraces
3 Bedrooms – from 257m²
Prices: from $2,203,000

➡️Each unit features a balcony and a laundry

Benefits:

▫️Infinity Pool
▫️Gym and Spa
▫️Paddle Tennis and Volleyball
▫️Promenade
▫️Cafes and Restaurants
▫️Kids' Play Area

Payment Plan:

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

🔑 Completion – Q4 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_project

Real estate | Dubai | AX CAPITAL

28 Oct 2024 17:22

The UAE has topped the global list of 89 leading economies

The US News & World Report 2024 ranking took into account not only the economic performance of countries, but also the perception of them at the international level.

According to this ranking, the key factors for the success of the UAE are:

▫️Low Production Costs
▫️Favourable Tax Environment
▫️Minimal Bureaucracy
▫️Absence of Corruption
▫️Transparency of Government Activities

TOP 5 Economically Stable Countries

1️⃣UAE
2️⃣Switzerland
3️⃣Germany
4️⃣Canada
5️⃣Japan

——

The UAE is demonstrating sustainable economic growth in Q3 2024

➤ According to the report by the commercial real estate company, CBRE.

The key factor for growth is the strong expansion of the non-oil sector, which is evident from the positive business activity index (PMI). In September 2024, it reached 53.8%.

Key Indicators:

Q2 2024

▫️Non-oil Sector Size: 55% of the Economy, $45 Billion
▫️Private Sector Growth in Q2 2024: 4.1%
▫️Private Sector Economy Size: Over $81 Billion

Prognosis

▫️GDP Growth in 2024–2027: 4.4%
▫️GDP Growth in 2025: 5.0%
▫️Average Inflation in 2024: 2.2%

The stability of the UAE attracts investment, especially in real estate, and contributes to the country's economic growth.

#news_uae

Sources: Gulf News, CBRE

Real estate | Dubai | AX CAPITAL

26 Oct 2024 15:57

Sale | Apartment | $1,200,000

📍Downtown Dubai

Apartment with 5* services in the premium 63-storey hotel complex, Address Downtown. The developer – Emaar. Panoramic windows and a balcony offer breathtaking views of Burj Khalifa and The Dubai Fountain.

☑️Fully Furnished
☑️Closed Kitchen
☑️Household Appliances
☑️Study
☑️Maid Service
☑️Built-in Wardrobes

➡️Service Charge: $78 per m² per year

For owners:

▫️Direct connection to Dubai Mall

▫️Pool and Bar
▫️State-of-the-art Gym
▫️Sauna and Steam Room
▫️Cafes and Restaurants
▫️Kids' Play Area
▫️24/7 Concierge and Security

❗️The apartment is vacant and ready to move in

Agent: +971588226008

#secondary_market

Real estate | Dubai | AX CAPITAL

25 Oct 2024 17:19

TOP 7 Reasons to Rent Out an Apartment in Dubai

1️⃣Growing Rental Rates

During 2023–2024, apartment asking rents have increased by 15.4%, reaching an average annual rent of $24,800. The highest increase was recorded for 1-bedroom apartments – 18.5%.

2️⃣Growing Demand

Almost 3 million people or 77% of Dubai's population prefer to rent property. The emirate's population grows every year. In January – September 2024, population increased by 130,000 people.

3️⃣High Rental Yield

Dubai's average annual gross rental yield is 8%. For comparison:

New York – 5.3%
Moscow – 3.7%
London – 3.6%

4️⃣Stability

80% of tenants prefer long-term rent (5–15 years). Payments are typically made in advance for the entire year, providing landlords with a significant sum.

5️⃣Return on Investment

In Dubai, the average investment payback period for rental properties is 9 years. For comparison:

New York – 17 years
London – 24 years
Moscow – 27 years

6️⃣Tax Benefits

Rental income in Dubai is tax-free. In contrast, taxes on rental income in London can reach up to 45%.

7️⃣Stable Currency

The UAE dirham (AED) is pegged to the US dollar, offering income stability and protection from currency risks.

TOP 3 Areas for Apartment Rentals in Q3 2024

▫️️Mid-tier Segment

1️⃣ JVC
2️⃣ Bur Dubai
3️⃣Dubai Silicon Oasis

▫️Luxury

1️⃣ Dubai Marina
2️⃣ Business Bay
3️⃣ Downtown Dubai

Launches with High Rental ROI

☑️One by Binghatti
☑️Jade Tower
☑️Sportz by Danube
____
⠀
High-quality articles about the UAE's real estate every week. Read All About Dubai Urban Master Plan 2040.

Real estate | Dubai | AX CAPITAL

24 Oct 2024 17:51

Abu Dhabi's first branded residences by the world-renowned hotel group have been announced

📍Saadiyat Cultural District

Premium complex, Mandarin Oriental Residences, will be built by the main developer of the capital. It will include 228 residences with views of Zayed National Museum.

Features:

▫️Exclusive Mandarin Oriental Service
▫️3,500m² of Waterfront Promenade with Restaurants
▫️60,000m² of Shopping and Entertainment Options
▫️International Museums and Galleries

#real_estate_abu_dhabi

——

Developer, Arada, will build a complex with the longest infinity pool in Dubai.

📍Dubai Harbour

W Residences at Dubai Harbour will be developed in collaboration with the brand, W Hotels by Marriott International.

Price – $1.36 billion. 3 towers of the complex will include 400+ units:

☑️Apartments
☑️Duplexes
☑️Penthouses with Rooftop Pools

The project with LEED Silver Certificate will have smart home system.

For residents:

▫️Largest Fitness Centre in Dubai Harbour
▫️Elevated Marriott Bonvoy Loyalty Program
▫️Branded Kitchens and Sanitary Ware

#real_estate_dubai

Sources: Trade Arabia, Property News

Real estate | Dubai | AX CAPITAL

23 Oct 2024 16:01

Sale | Villa | $13,100,000

📍Palm Jumeirah

3-storey villa with direct access to the private beach in the gated community, Garden Homes Frond N. A spacious living room, an open kitchen with an island, and a bathroom with the gulf views.

The plot boasts a pool deck with shaded relaxation zones and a firepit. The rooftop terrace has a BBQ area and lounges with views of Burj Al Arab and Ain Dubai.

☑️Fully Furnished
☑️Miele Appliances
☑️Private Lift
☑️Marble Flooring
☑️Panoramic Windows and Balconies
☑️Staff Rooms

In the community:

▫️Beaches and Park
▫️Fitness Centre
▫️Beauty Salons and Spa
▫️Nakheel Mall
▫️Restaurants and Shops
▫️Nurseries and Playgrounds

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

Agent: +971521410744

#secondary_market

Real estate | Dubai | AX CAPITAL

22 Oct 2024 17:04

❗️❗️❗️❗️❗️❗️ Apartments, Duplexes, and Penthouse in The Highgrove

☑️Lagoon Views
☑️4km Green Promenade
☑️Developer – Ellington
☑️10 Mins from Dubai Mall

📍Meydan Horizon, MBR City

36-storey residential tower opposite the Ras Al Khor Wildlife Sanctuary. The open podium features a 60m infinity pool, sports grounds, kids' playgrounds, leisure and BBQ areas.

The rooftop of the complex boasts a viewing deck, restaurant, and sky garden.

For Sale:

➤ Apartments
1 Bedroom – from 72m²
2 Bedrooms – from 110m²
2 Bedrooms + Study – from 118m²
3 Bedrooms – from 159m²
➤ Duplexes
2 Bedrooms – from 153m²
➤ 2-storey Sky Villa
3 Bedrooms – from 210m²
➤ Penthouse
3 Bedrooms – from 259m²

Prices: On Request

Service Charge: $53 per m² per year

➡️All units have balconies and laundries. Some of them feature storage rooms

Benefits:

▫️Yoga and Fitness Studios
▫️Spa and Floating
▫️Clubhouse
▫️Cinema and Media Room
▫️Shops and Restaurants
▫️EV Charging Stations

Payment Plan:

Receipts for EOI request ➤ from $14,000

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

21 Oct 2024 16:58

❕❕❕❕❕ Apartments and Duplexes in Berkshire Park

☑️Fully Fitted Kitchens
☑️German Appliances
☑️50/50 Payment Plan
☑️Prices from $252,000

📍Town Square Dubai

Residential complex surrounded by 260,000m² of green spaces. The podium features a swimming pool with leisure areas, kids' playground, and BBQ areas.

The community features everything for sports lovers: a football pitch, squash and paddle courts, skate park, and wave rider.

For Sale:

➤ Apartments
1 Bedroom – from 59m²
Prices: from $252,000
2 Bedrooms – from 88m²
Prices: from $351,000
3 Bedrooms – from 137m²
Prices: from $681,000

➤ 3-bedroom Duplexes
Areas and Prices: On Request

➡️All units have balconies or terraces. Some of them feature built-in wardrobes and storage rooms

Benefits:

▫️State-of-the-art Gym
▫️Jogging and Cycling Paths
▫️Pet Park and Grooming
▫️Shops and Restaurants
▫️Schools and Hospitals
▫️Kids' Play Areas

Payment Plan:

10% – On Booking
40% – During Construction
50% – On Completion

🔑 Completion – Q3 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

19 Oct 2024 16:00

Sale | Villa | $6,800,000

📍Dubai Hills Estate, 5 mins to Dubai Hills Golf Club

2-storey villa in the premium community, Golf Place, by Emaar. The open-plan living room features a large kitchen zoned with a stylish partition.

The outdoor area boasts a private pool.

☑️Balconies
☑️Walk-in Closets
☑️Panoramic Windows
☑️Built-in Wardrobes
☑️Maidʼs Room
☑️Garage for 2 Cars

In the community:

▫️180,000m² Park
▫️Dubai Hills Mall
▫️Sports Grounds
▫️Cycling and Jogging Paths
▫️Schools and Nurseries
▫️King's College Hospital

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

Agent: +971581650321

#secondary_market

Real estate | Dubai | AX CAPITAL

18 Oct 2024 16:21

All About Dubai Urban Master Plan 2040

In March 2021, the Government of Dubai approved a sustainable development plan for the emirate.

The goal is to position Dubai as "the best city for living in the world".

The development and investment are centered in 5 main urban centres:

☑️Deira & Bur Dubai
☑️Downtown & Business Bay
☑️Dubai Marina & JBR
☑️Expo City Dubai
☑️Dubai Silicon Oasis

7 Key Outcomes

1️⃣Population

Goal: it is set to rise up to 5.8 million people.

In 2023, the population grew by 100,000+ people. In September 2024 it was 3.78 million.

2️⃣Tourism

Goal: the space for hospitality and tourism activities is set to rise by 134%.

In 2024, +31 new hotels are planned. 12 of them opened in H1: One&Only One Za'abeel and The Lana, Dorchester Collection, etc.

3️⃣Social Development

Goal: the space for health and education facilities should increase by 25%.

In 2024, Dubai National University was established and 2 international schools opened. In 2024–2025, 39 schools and centres are set to open.

4️⃣Beaches

Goal: the length of public beaches will be expanded by 400%.

In 2023, Palm Jebel Ali project development started. It will add 91km of beachfront to the Dubai coastline. The World Islands project will add 232km.

5️⃣Legislation

Goal: development of an integrated and effective planning system.

In 2023, the Urban Planning Law was created. It prohibits carrying out any development works without obtaining permits.

6️⃣Green Emirate

Goal: doubling the size of the green spaces. 60% of Dubai's territory is set to consist of reserves and natural areas.

In 2024, Dubai Green Spine, a green highway with trams and 1 million+ trees, was announced. Presented Dubai Mangroves, the mangrove regeneration project, which will cover 72km of the coastline.

7️⃣Transport

Goal: the city with all the necessary facilities accessible within 20 mins on foot or by bicycle.

In 2023, the Dubai Metro Blue Line and The Loop, 93km climate-controlled highway for walking & cycling, were approved.

____
⠀
High-quality articles about the UAE's real estate every week. Read how to obtain UAE visa through real estate investments.

Real estate | Dubai | AX CAPITAL

17 Oct 2024 16:46

The groundbreaking of a new coastal development, Sunshine Bay, has been announced in Ras Al Khaimah

📍Al Marjan Island

12-storey complex will feature 240 units:

▫️Studios
▫️Apartments
▫️Exclusive Residences with Terraced Gardens, Jacuzzis, and Pools

Prices: from $267,000

Features:

☑️Architecture by Italian Firm, Mercurio Design Lab (MDL)
☑️World-class Amenities
☑️15 Mins to Wynn Casino

This debut project by Source Of Fate Properties has already won 3 awards for its innovative concept and styling.

🔑 Completion – Q1 2027

#developers_news

——

The summer season 2024 has become one of the most high-demand periods in Abu Dhabi's tourism calendar.

According to a company behind immersive destinations, Miral, Yas Island and Saadiyat Island saw a huge surge in visitors.

The biggest increase in visitor numbers was observed in Yas Theme Parks:

☑️GCC Countries ↑ by 72%
☑️India ↑ by 24%

Hotel occupancy rates:

▫️Yas Island – 83%. Number of Foreign Guests ↑ by 29%
▫️Saadiyat Island – over 65%. Number of Foreign Guests ↑ by 19%

#news_abu_dhabi

Sources: CBNME, Arabian Business

Real estate | Dubai | AX CAPITAL

17 Oct 2024 05:01

❕❕❕❕❕ Apartments in Marina Cove

☑️High-demand Project
☑️Marina Views
☑️7km Promenade, Dubai Marina Walk
☑️Developer – Emaar

📍Dubai Marina

32-storey residential tower in the area famous for its yacht-clubs and restaurants. Within walking distance – Dubai Marina Mall and JBR beach.

The open part of the podium features adult and kids' pools, terrace with panoramic views of the Dubai Skyline, relaxation garden, and outdoor fitness area. Spacious layouts with plenty of natural light and design elements from eco-friendly materials.

For Sale:

➤ 1 Bedroom – from 73m²
Prices: from $553,000
➤ 2 Bedrooms – from 115m²
Prices: from $803,000
➤ 3 Bedrooms – from 149m²
Prices: from $1,103,000
➤ 4 Bedrooms – from 223m²
Prices: from $1,816,000

➡️All apartments have balconies and laundries, some units have walk-in closets

Benefits:

▫️State-of-the-art Gym
▫️Landscaped Gardens
▫️Dining and BBQ Zones
▫️Boutiques and Cafes
▫️Kids' Play Areas

Payment Plan:

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

🔑 Completion – Q4 2029

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

16 Oct 2024 11:01

Sale | Villa | $9,200,000

📍Palm Jumeirah

3-storey classic style villa in the elite community, Garden Homes Frond O. The double-height entry is complemented by a spectacular atrium.

A terrace with scenic views of the sea and the Dubai Skyline. The plot comprises a landscaped garden with water features, a pool, and a bar with leisure zones.

☑️Plot Area – 623m²
☑️Fully Furnished
☑️Closed Kitchen
☑️Household Appliances
☑️Game Room
☑️Laundry and Storage
☑️3 Parking Spaces

In the community:

▫️Beaches and Park
▫️Fitness Centres
▫️Beauty Salons and Spa
▫️Nakheel Mall
▫️Restaurants and Shops
▫️Nurseries

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

Agent: +971521410744

#secondary_market

Real estate | Dubai | AX CAPITAL

15 Oct 2024 13:13

Property sales records in Dubai and Abu Dhabi in July–September 2024

According to the Property Finder report, in compare with the same period 2023:

Dubai

Total volume ↑ by 59% ➤ 50,439 transactions worth $38 billion.

37% ➤ 18,639 transactions worth $20 billion – Existing Properties

63% ➤ 31,800 transactions worth $18 billion – Off-plan Properties

❗️This is the highest volume ever recorded for a quarter according to Property Finder

Abu Dhabi

Total volume – 1,813 transactions worth $1.3 billion.

59% ➤ 1,067 transactions worth $645.5 million – Existing Properties
41% ➤ 746 transactions worth $697 million – Off-plan Properties

❗️These are the highest figures recorded in the last 8 quarters

Source: Property Finder

#real_estate_dubai
#real_estate_abu_dhabi

Real estate | Dubai | AX CAPITAL

30 Oct 2024 15:29

Sale | Penthouse | $3,500,000

📍Palm Jumeirah

Exquisite 2-storey penthouse on the top floor of the luxury complex, The Fairmont Palm Residence. 5* resort amenities and direct access to the private beach.

The expanded terrace boasts a private pool, greenery, and a lounge. Spectacular vistas of the sea and Palm Jumeirah.

☑️Fully Furnished
☑️Semi-closed Kitchen
☑️Household Appliances
☑️Walk-in Closets
☑️Balcony and Study
☑️Maid's Quarter

➡️Service Charge: $43 per m² per year

In the residence:

▫️Health and Beach Clubs
▫️Swimming Pools
▫️Gym and Sauna
▫️Restaurants and Shops
▫️Landscaped Garden
▫️24/7 Security and Concierge

❗️The penthouse is vacant and ready to move-in

Agent: +971586448869

#secondary_market

Real estate | Dubai | AX CAPITAL

29 Oct 2024 12:55

The Indian fire festival is taking place in Dubai

Diwali is the most significant holiday in Hinduism, symbolising the victory of good over evil. In 2024, it falls on October 31 and November 1, and the festivities will last until November 7.

During this time, people decorate their houses with bright lights, launch fireworks, and give gifts.

Events in Dubai:

▫️Fairs
▫️Stand-up Comedy
▫️Puppet Parades
▫️Theatrical Performances

➤ Music Festival
📍JLT
November 1, 17:00–20:00

➤ Fireworks
📍Al Seef and Global Village
November 1–2, 21:00

——

The world's first sports hotel has opened in Dubai.

📍Dubai Sports City

Emirates Sports Hotel offers a unique environment for athletes and fitness enthusiasts:

▫️Cricket Stadium
▫️Football Pitches
▫️Olympic Swimming Pool
▫️Spa Centre
▫️Sports Restaurant

Guests can take advantage of the free daily training services, professional massage, and recovery treatments.

All units are fully equipped with sports facilities:

▫️144 Rooms
▫️40 Apartments
▫️8 Penthouses

#life_dubai

Sources: Time Out Dubai, Khaleej Times

Real estate | Dubai | AX CAPITAL

28 Oct 2024 10:16

Property prices in Abu Dhabi increased in July – September 2024

➤ Compared to Q3 2023

Average Prices

▫️Apartments ↑ by 9% – $3,300 per m²
▫️Villas ↑ by 8% – $2,900 per m²

Average Rents

▫️Apartments ↑ by 9% – $19,300 per year
▫️Villas ↑ by 4% – $44,400 per year

TOP Areas with New Launches

✓ Hudayriat Island
✓ Ramhan Island
✓ Saadiyat Island
✓ Yas Island

TOP Areas to Buy an Apartment

▫️Affordable: Al Reef, Masdar City, and Al Ghadeer

Average Price – $233,000

▫️Luxury: Al Reem Island, Yas Island, and Al Raha Beach

Average Price – $378,000

TOP Areas to Buy a Villa

▫️Affordable: Al Reef, Al Shamkha, and Zayed City

Average Price – $596,000

▫️Luxury: Yas Island, Saadiyat Island, and Al Reem Island

Average Price – $1,157,000

#real_estate_abu_dhabi

Sources: CBRE, dubizzle

Real estate | Dubai | AX CAPITAL

26 Oct 2024 12:02

❗️❗️❗️❗️❗️❗️ Apartments in Parkway by Prestige One

☑️Opposite Ras Al Khor Wildlife Sanctuary
☑️4km Green Promenade
☑️10 Mins to Dubai Mall

📍Meydan Horizon, MBR City

36-storey residential tower surrounded by greenery. The open part of the podium features three swimming pools for adults and kids, sports grounds, leisure and BBQ areas.

Within walking distance – a 30,000m² park, hospitals, schools, and nurseries.

For Sale:

➤ 1 Bedroom – from 67m²
Prices: from $422,000

➤ 2 Bedrooms – from 102m²
Prices: from $653,000

➤ 3 Bedrooms – from 161m²
Prices: from $926,000

Benefits:

▫️State-of-the-art Gym
▫️Yoga Studio
▫️Mini Golf
▫️Cinema
▫️Game Room
▫️Kids' Playground

Payment Plan:

Receipts for EOI request ➤ $11,000

65% – During Construction
35% – On Completion

🔑 Completion – Q1 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

25 Oct 2024 12:59

H&H Development has presented the waterfront residential complex, Eden House The Park

The complex of 7 low-rise buildings with quick access to Downtown Dubai will feature:

▫️Panoramic Canal Views
▫️Wraped-around Terraces in Each Unit

In March 2024, the developer, famous for its premium project, Dubai Harbour Residences, announced the construction of the UAE's most expensive hotel.

——

ONE Development has launched the UAE's first residential AI-integrated complex.

📍City of Arabia

The project, Laguna Residence, consisting of 2 towers will include:

▫️Studios
▫️Apartments
▫️Duplexes and Sky Home Residences

Features:

☑️Podium with Large Lagoon
☑️40+ Amenities

#real_estate_dubai

——

The demand for eco-friendly properties is growing in Dubai.

In 2024, the UAE's smart home market will generate the revenue over $70 million. By 2028, it will reach $114 million.

According to the developer, ZāZEN Properties, 90% of the country's residents will pay more for houses with smart technologies.

#news_uae

Sources: Arabian Business, Trade Arabia

Real estate | Dubai | AX CAPITAL

24 Oct 2024 11:01

Dubai apartment market has exceeded market peaks of 2021 by 143%

➤ According to the ValuStrat Index (VPI)

Compared to August 2024, VPI ↑ by 2.1%:

For Villas ↑ by 2.3%
For Apartments ↑ by 1.9%

Compared to September 2023, VPI ↑ by 28.9%:

For Villas ↑ by 33.1%
For Apartments ↑ by 24.8%

▫️Sales Volume

Ready ↑ by 19%
Off-plan ↑ 254.2%

🔺Areas with the highest annual capital gains:

Villas

Palm Jumeirah ➤ 42.8%
Jumeirah Islands ➤ 42.3%
Dubai Hills Estate ➤ 35.3%
Emirates Hills ➤ 33.8%
Victory Heights ➤ 31.4%

Apartments

Discovery Gardens ➤ 33,5%
The Greens ➤ 33%
Palm Jumeirah ➤ 30.9%
Al Quoz Fourth ➤ 29.5%
The Views ➤ 29.2%

🔺TOP 5 developers by sales in September:

Emaar – 18.8%
DAMAC – 14.7%
Sobha – 7.4%
Azizi – 5%
Binghatti – 2.9%

Q3 2024 Real Estate Market Results

▫️Compared to Q3 2023, off-plan property sales increased by 97% – 32,968 transactions worth of $22.6 billion.

▫️The market shifted towards affordable apartments. 2 out 5 ready home sales were worth less than $272,000. Average sales prices per m² softened for the first time this year.

▫️VPI showed a 28.9% annual increase in residential values. 98% of villas doubled in value since 2020. Ready villa and townhouse prices saw a 33.1% annual rise. VPI in Q3 2024, compared to Q2 2024:

Apartments ↑ by 6%
Villas ↑ by 7.4%

▫️Over the year, rentals for:

Apartments ↑ by 15.4%
Villas ↑ by 4.9%

#real_estate_dubai

Source: ValuStrat

Real estate | Dubai | AX CAPITAL

23 Oct 2024 09:20

❕❕❕❕❕ Townhouses in Greenville

☑️Vistas of 18-hole Golf Course
☑️Developer – Emaar
☑️7 Mins to DWC Airport

📍Emaar South

Collection of elegant 2-storey townhouses with two facade types surrounded by greenery. Each house features panoramic windows, balconies and terraces, interiors in warm undertones, and finishing with natural materials.

Everything for a comfort family living: adult and kids' pools, parks, schools and nurseries, restaurants and cafes.

For Sale:

➤ 3 Bedrooms – from 225m²
Prices: $871,000

➤ 4 Bedrooms – from 252m²
Prices: $1,035,000

➡️Walk-in closets, laundries, and maid's rooms

Benefits:

▫️Clubhouse
▫️State-of-the-art Gym
▫️Sports Grounds
▫️Jogging and Cycling Paths
▫️Picnic Areas
▫️Kids' Playground

Payment Plan:

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

🔑 Completion – Q1 2029

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

22 Oct 2024 11:24

The UAE has approved its largest budget in history for 2025

➤ $19.5 billion

The amount has increased by 15% over the past 3 years:

2024 – $17.5 billion
2023 – $17 billion

Federal budget allocation by sectors:

▫️Social Development: 39%
▫️Government Affairs: 35.7%
▫️Other Expenses: 17.7%
▫️Financial Investments: 4%
▫️Infrastructure: 3.6%

Major allocations in social development:

☑️Public and Higher Education Programmes: $3 billion
☑️Pensions and Healthcare: $3 billion

#news_uae

——

Ruler of Dubai has set out a master plan to transform Dubai's rural areas.

Goals:

➤ To increase annual tourist numbers by 500% by 2040
➤ To enhance life quality in remote communities

37 projects worth $106 million include the development of cultural centres and parks, transport networks and healthcare facilities.

One of the projects is the Saih Al Salam Scenic Route. Located within a half-hour drive from Dubai, it will feature:

☑️98km of Tracks and Desert Marquees
☑️Walking Paths Around 3 Lakes
☑️5 Themed Zones with Entertainment Facilities

🔑 Completion of the master plan – 2028

#life_dubai

Sources: Arabian Business, The National News

Real estate | Dubai | AX CAPITAL

21 Oct 2024 11:58

Residential tower with a width of one apartment is set to be built in Dubai

📍Al Wasl

The 73-storey project, Muraba Veil, will include 131 units. The design of the 380m skyscraper is inspired by Arabic style.

Height: 380m
Prices: from $4.9 million

Each residence will be surrounded by landscaped terraces. This will provide natural ventilation and unity with nature.

Features:

▫️Width 22.5m
▫️Art Gallery and Cinema
▫️Architecture – Pritzker Prize-winning Spanish Studio, RCR Arquitectes

#real_estate_dubai

____

Details about Wynn Casino have been announced.

☑️Gaming area will reach 21,000m². This is 4% of the property's gross area.

☑️Operator, Wynn Resorts, has been awarded the UAE's first commercial gaming operator's license.

☑️Total inflation-adjusted cost of the property is $5.1 billion.

☑️Completion – Q4 2025. Interior work completion – Q1 2027.

#developers_news
____

New grade A office towers will be developed in Abu Dhabi.

📍Al Maryah

Aldar Properties and Mubadala Investment Company have broken ground on the complex, One Maryah Place.

2 premium towers connected by a covered walkway will deliver 98,000m² of office space.

In the complex:

▫️Shops
▫️Rooftop Restaurant
▫️5-level Parking

#news_uae

Sources: Khaleej Times, Arabian Business

Real estate | Dubai | AX CAPITAL

19 Oct 2024 13:03

❗️❗️❗️❗️❗️❗️ Apartments in Binghatti Skyrise

☑️Burj Khalifa Views
☑️Artificial Beach
☑️Golf Course with Lake
☑️Developer – Binghatti
☑️Prices from $265 000

📍Business Bay

Stylish residential complex of three 54-storey towers, 5 mins away from Dubai Mall. The common podium features an expansive infinity pool with lighting, water park, jacuzzi, tennis courts and sports grounds, amphitheatre, leisure areas and landscaped gardens.

For Sale:

➤ Studios – from 39m²
Prices: from $265,000
➤ 1 Bedroom – from 71m²
Prices: from $449,000
➤ 2 Bedrooms – from 119m²
Prices: from $749,000
➤ 3 Bedrooms – from 171m²
Prices: from $1,021,000

➡️All units have balconies. Some of them feature storage rooms and laundries

Benefits:

▫️Fitness Centre
▫️Yoga and Spa
▫️Jogging Paths
▫️Shopping Malls
▫️Cafes & Restaurants
▫️Kids' Play Areas

Payment Plan:

Receipts for EOI requests ➤ $11,000

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

🔑 Completion – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

18 Oct 2024 11:52

Driverless passengers capsules were unveiled at Gitex Global 2024

The Dubai Roads and Transport Authority (RTA) has introduced a new form of public transport, Floc Duo Rail.

These capsules, designed to move around the city, will be able to combine into groups and connect with metro trains, buses, and trams.

The system will run on electricity and is expected to help to avoid traffic jams.

#news_dubai

——

Abu Dhabi police has announced a car, Magnum MK1, that can control traffic lights and drones.

Features

☑️Armored all-terrain vehicle weighing 5 tons will be able to reach speed up to 150 km/h and traverse water depth of up to 80cm

☑️Autonomous area monitoring, traffic light control, and officer interaction capabilities

☑️Built-in compartment for drones, from which they will fly to the site and broadcast aerial footage of the events

Expected launch – 2028

#news_abu_dhabi

——

The UAE is set to become the first country in the Middle East to allow bill payments and cash withdrawals using palm prints.

The Palm ID technology will operate based on users' biometric data.

#news_uae

Sources: Khaleej Times, Time Out Dubai, Trade Arabia

Real estate | Dubai | AX CAPITAL

17 Oct 2024 11:32

The developer, Nakheel, has signed the first 3 construction contracts for Palm Jebel Ali

The $1.36 billion works include 723 villas on the first 6 fronds of the artificial archipelago, landscaping, the development of a network of roads and integrated utilities.

The contracts were awarded to some of the largest construction firms in the Middle East:

▫️Ginco General Contracting
▫️Shapoorji Pallonji Mideast
▫️United Engineering Construction Company (UNEC)

Their portfolios feature:

☑️Sheikh Zayed Grand Mosque
☑️Villas in Arabian Ranches
☑️DEWA Headquarters

The first villas were instantly sold out at the start of sales in September 2023.

🔑 Completion – Q4 2026

#developers_news

——

The world's second spherical arena, Sphere Abu Dhabi, is set to open in the UAE.

📍Abu Dhabi

The first iconic building opened in Las Vegas in 2023.

The construction of the venue has been announced by the holding, Sphere Entertainment Co., and the Department of Culture and Tourism – Abu Dhabi.

Sphere Abu Dhabi will hold immersive shows, concerts, and other events.

Сapacity – 20,000 people

#news_abu_dhabi

Sources: The National News, Arabian Business

Real estate | Dubai | AX CAPITAL

16 Oct 2024 16:18

❕❕❕❕❕ Apartments in Amaal 8

☑️Crystal Lagoons
☑️4km Waterfront
☑️Opposite Ras Al Khor Wildlife Sanctuary

📍Meydan Horizon

56-storey residential complex with the golf course and the Dubai Skyline views. The top 8 floors boast exclusive Infinity Collection Residences with private pools on the balconies.

The green podium features a 50m pool, mini golf, paddle court, and pet park. The rooftop offers an infinity pool with leisure areas.

For Sale:

➤ 1 Bedroom – from 64m²
Prices: from $362,000

➤ 2 Bedrooms – from 113m²
Prices: from $633,000

➤ 3 Bedrooms – from 184m²
Prices: from $1,044,000

➡️All units feature smart home systems and balconies. Some of them have studies and maid's rooms.

Benefits:

▫️State-of-the-art Gym
▫️Yoga and Spa
▫️Indoor Cinema
▫️Race Simulator
▫️Shops & Restaurants
▫️Vallet Parking

Payment Plan:

10% – On Booking
40% – During Construction
50% – On Completion

🔑 Completion – Q4 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

15 Oct 2024 16:59

Property Rent and ROI in Dubai from July to September 2024

➤ According to the portal, Bayut.

Maximum rent prices increase, compared to Q2 2024:

▫️Affordable

Apartments ↑ by 28%
Villas ↑ by 10%

▫️Mid-tier

Apartments ↑ by 12%
Villas ↑ by 42%

▫️Luxury

Apartments ↑ by 9%
Villas ↑ by 15%

Most Popular Areas

▫️Affordable

Apartments ➤ Deira and International City
Villas ➤ DAMAC Hills 2 и Mirdif

▫️Mid-tier

Apartments ➤ JVC and Bur Dubai
Villas ➤ JLT and Al Furjan

▫️Luxury

Apartments ➤ Dubai Marina and Business Bay
Villas ➤ Dubai Hills Estate and Al Barsha

Areas with the Highest ROI

▫️Affordable

Apartments ➤ Dubai Investments Park (DIP), Discovery Gardens, and Liwan (9%–11%)
Villas ➤ DAMAC Hills 2, International City, and Serena (over 6%)

▫️Mid-tier

Apartments ➤ Dubai Sports City, Dubai Silicon Oasis, and Town Square (over 8.6%)
Villas ➤ JVC and Dubai Sports City (6%–9%)

▫️Luxury

Apartments ➤ Al Sufouh, DAMAC Hills, and World Trade Centre (7%–9%)
Villas ➤ Al Barari, Tilal Al Ghaf, and Jumeirah Golf Estates (~6%)

Source: Bayut

#real_estate_dubai

Real estate | Dubai | AX CAPITAL

14 Oct 2024 17:36

❕❕❕❕❕ Apartments and Penthouses in One Sky Park

☑️First Branded Skyscraper in JVC
☑️Materials from Versace Ceramics
☑️Prices from $204,000
☑️5 Mins to Circle Mall

📍Jumeirah Village Circle (JVC)

Residential complex of 2 buildings (31 and 42 storeys), connected by a sky bridge. The common podium features a 45m beach edge pool, paddle tennis and basketball courts, skate park, and VR golf.

The rooftop boasts an infinity pool, zen garden, open cinema, skyfit gym, and spa.

For Sale:

➤ Apartments
Studios – from 38m²
1 Bedroom – from 75m²
2 Bedrooms – from 106m²
3 Bedrooms – from 166m²
Prices: from $204,000

➤ Penthouses
3 Bedrooms – from 214m²
4 Bedrooms – from 269m²
Prices: from $817,000

➡️Balconies or terraces in all units, some of them boast private pools

Benefits:

▫️Clubhouse
▫️Jogging and Walking Paths
▫️Leisure and BBQ Areas
▫️Shops and Restaurants
▫️Schools and Hospitals
▫️Kids' Playgrounds

Payment Plan:

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

🔑 Completion – Q4 2027

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch