Real estate | Dubai | AX CAPITAL
06 Nov 2024 11:15
Sale | Villa | $17,200,000
📍Palm Jumeirah
Fully upgraded 2-storey villa with premium finishing and direct access to the private beach in the gated community, Garden Homes Front B.
Living rooms feature Minotti Italian furniture, Statuario and Calacatta marble floors. The plot has a pool with views of Atlantis The Royal, landscaped garden, and BBQ area.
☑️Häcker German Kitchen
☑️Miele Kitchen Appliances
☑️Panoramic Windows and Balconies
☑️Smart Home System by Crestron
☑️Sunken Fire Pit
☑️Maid's Room
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
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Real estate | Dubai | AX CAPITAL
05 Nov 2024 11:14
❕❕❕❕❕ Villas in Palm Jebel Ali
☑️New Man-made Archipelago
☑️Direct Beach Access
☑️110km Coastline
☑️World-class Yacht Clubs and Marinas
📍The Fronds, Palm Jebel Ali
Collection of 3-storey villas with 10 facade types from the developer, Nakheel. Everything for a luxury living: dining and living areas with ceiling heights of at least 3.2m, rooftop terraces and lounges, panoramic sea views.
For the owners' comfort every house has a lift, closed and show kitchens, maid's and driver's rooms with external access.
For Sale:
➤ 5 Bedrooms – from 738m²
➤ 6 Bedrooms – from 679m²
Prices: from $4,928,000
➡️Walk-in wardrobes, balconies and terraces, 4 parking spaces
Benefits:
▫️Fitness Centres
▫️Event Venues
▫️Beach Clubs
▫️Promenades and Parks
▫️5* Hotels and Resorts
▫️Restaurants and Malls
Payment Plan:
20% – On Booking
60% – During Construction
20% – On Completion
🔑 Completion – Q4 2028
Leave a request: +971523561901
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
04 Nov 2024 11:30
Self-driving trams and road expansion in Dubai by 2027
The Dubai Roads and Transport Authority (RTA) has unveiled a $4.4 billion project.
It includes 22 initiatives, among them:
☑️Road network development with length of 12,000km. Dubai's capacity will ↑ by 114,000 vehicles per hour
☑️Creation of self-driving trams on virtual tracks. Trams with 3 carriages will accommodate 300 passengers
☑️Extension of bus lanes. 6 routes will ↑ ridership by 10% and bus arrival rates will ↑ by 42%
☑️Establishment of 557km of cycling tracks. Project will support 44 million cycling trips annually
#life_dubai
——
The UAE has entered TOP 7 dream destinations globally
➤ According to the global database, Numbeo.
7 most popular countries by the number of searches:
1️⃣USA – 5.31%
2️⃣UK – 4.37%
3️⃣Canada – 3.76%
4️⃣Spain – 3.76%
5️⃣Germany – 3.41%
6️⃣Italy – 2.61%
7️⃣UAE – 2.56%
The country has ranked in TOP 5 searches among residents of Canada, UK, and Saudi Arabia.
——
The world's largest artificial wave surfing club has opened in Abu Dhabi.
📍Hudayriat Island
Surf Abu Dhabi features the world's longest surfing slope.
▫️Learning Class Cost: from $163
▫️Sunbed Rental: from $55
#news_uae
Sources: Arabian Business, What's On, Time Out Dubai
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Real estate | Dubai | AX CAPITAL
01 Nov 2024 16:30
10 Facts About Premium Developer, MAG
1️⃣The MAG Group Holding was founded in 1978, and includes more than 50 companies and divisions employing over 2,000 people.
2️⃣The group is headquartered in the UAE and has offices in China, Iraq, Turkey, and the USA.
3️⃣Areas of expertise: construction, engineering, trade, cargo transportation, and hotel business.
4️⃣Moafaq Ahmad Al Gaddah, the founder of the group, ranks 16th in the list of the 'World's Most Influential Arabs'. The holding is named after his initials.
5️⃣MAG Property Development, a real estate division of the holding, has been dedicated to the innovative approach and creativity since its establishment in 2003.
6️⃣Consistently ranked in the TOP 10 of the best developers in the emirate.
7️⃣Completed over 10 residential projects in Dubai, comprising more than 2,500 units.
8️⃣Most of the developer's residences are fully furnished with world-renown brands.
9️⃣One of MAG's landmark projects, Emirates Financial Towers at DIFC, set the Guinness World Record in 2013.
🔟The total cost of their construction projects exceeds $1 billion.
Key Projects
➤ Keturah Resort – The Ritz-Carlton Residences
📍Dubai Creekside
☑️Ultra-luxury Waterfront Residence
☑️Operated by Hotel Chain, The Ritz-Carlton
☑️Furnished with Minotti & Poliform
☑️Gaggenau & Miele Appliances
☑️Ras Al Khor Wildlife Sanctuary Vistas
• Apartments with 1–3 bedrooms, Penthouse, and Mansions
• Prices from $1,870,000
➤ Keturah Reserve
📍MBR City
☑️Fully Furnished
☑️Dyson and Miele Appliances
☑️Based on Bio Living Concept
☑️Burj Khalifa Views
• Apartments with 1–4 bedrooms and Townhouses
• Prices from $1,000,000
➤ MAG 777
📍Dubai Sports City
☑️Golf Course and Lake Views
☑️Sports Academies and Centres
☑️Handover in a Year
☑️Up to 70% Paid on Handover
• Studios, Apartments with 1–2 bedrooms
• Prices from $212,000
____
⠀
High-quality articles about the UAE's real estate every week. Read TOP 7 Reasons to Rent Out an Apartment in Dubai
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Real estate | Dubai | AX CAPITAL
31 Oct 2024 15:33
❗️❗️❗️❗️❗️❗️ Apartments in Arisha Terraces
☑️Prices from $152,000
☑️3 Year Post-handover
☑️Sustainable and Smart Features
📍Dubai Studio City
Residential complex of four 9-storey buildings arranged around a green courtyard. 2-storey community centre features co-working spaces, cinema, library, and kitchen.
The rooftop offers a paddle court, a hydroponic garden, and solar panels.
For Sale:
➤ Studios – from 34m²
Prices: from $152,000
➤ 1 Bedroom – from 61m²
Prices: from $261,000
➤ 2 Bedrooms – from 94m²
Prices: from $419,000
➡️Spacious balconies or terraces in all units, some of them boast pergolas
Benefits:
▫️State-of-the-art Gym
▫️Pool and Jacuzzi
▫️Yoga Studio
▫️Leisure and BBQ Areas
▫️Shops and Restaurants
▫️Kids' Play Areas
Payment Plan:
Receipts for EOI request ➤ from $8,000
10% – On Booking
50% – During Construction
40% – On Completion
❗️50% DLD fee waiver, limited time offer
🔑 Completion – Q4 2027
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Real estate | Dubai | AX CAPITAL
05 Nov 2024 15:56
Luxe Developers has sold two ultra-luxury penthouses for $49 million
📍Al Marjan Island
Two-level Sky Villas were put up for sale in May 2024.
The Stellar – 6 bedrooms, 1,950m²
The Celeste – 7 bedrooms, 2,040m²
Each penthouse boasts:
▫️Interior Design by the World-renowned Firm, Hirsch Bedner Associates
▫️Private Pool on the 450m² Terrace
▫️Spa and Gym
▫️Snow Room and Home Theatre
#developers_news
——
Nabni Developments has launched a new residential project, Avenue Residence 7, in Dubai.
📍Al Furjan
The eco-friendly 12-storey building will have 166 units with 1–3 bedrooms. All apartments will feature:
☑️Equipped Kitchens and Siemens Appliances
☑️Italian Fixtures and Fittings
☑️3.2-metre-high Ceilings
🔑 Completion – Q1 2027
——
Tiger Properties has completed the 46-storey skyscraper, Nobles Tower.
📍Business Bay
The tower includes 549 furnished apartments with views of Burj Khalifa and Dubai Creek.
In May, the developer announced the prelaunch of one of the world's tallest towers, Tiger Sky Tower.
#real_estate_dubai
Sources: Property News, Arabian Business, Gulf News
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Real estate | Dubai | AX CAPITAL
04 Nov 2024 15:40
Wynn Casino will be within an 8-hour flight for 76% of the world population
📍Al Marjan Island, Ras Al Khaimah
The $2 billion project will include the casino, luxury residences and amenities.
Wynn Al Marjan Island is set to be the first integrated gaming resort in the MENA region.
🔑 Completion – Q1 2027
——
The developer, Marjan, has announced cash prizes for investors and real estate agents.
By the end of 2024, Ras Al Khaimah's leading developer will pay $270,000 each:
▫️An Investor Who Will Invest the Most in the Emirate's Property
▫️An Agent Who Will Achieve the Highest Sales
The awards are designed to boost the emirates's real estate market.
#developers_news
——
The volume of real estate transactions in Sharjah increased by 47% and reached $7,6 billion during 9 months of 2024.
According to the Sharjah Real Estate Registration Department, in compare to 2023, the following were registered:
Total Number of Transactions ➤ 69,078, ↑ by 16.5%
Sales Transactions ➤ 17,000, ↑ by 55%
Investors of 114 nationalities engaged in deals.
#news_uae
Sources: Khaleej Times
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Real estate | Dubai | AX CAPITAL
02 Nov 2024 10:08
Rent | Duplex Penthouse | $350,000 per year
📍MBR City
541m², 6 Bedrooms, 7 Bathrooms
Fully furnished 2-storey penthouse in the prestigious complex, District One Residences, situated on the shore of the world's largest man-made crystal lagoon.
Panoramic windows open into a wrap-around balcony. Bathrooms features stunning vistas of Burj Khalifa.
☑️High-end Furniture
☑️Miele Kitchen Appliances
☑️Smart Home System
☑️Built-in Wardrobes
☑️Covered Parking
☑️24/7 Security
In the community:
▫️Sandy Beach
▫️Swimming Pools
▫️Fitness Centres
▫️Running and Cycling Track
▫️Parks and Promenade
▫️Kids' Play Areas
❗️More 4K videos on our YouTube channel ➤ axcapitalrealestate?si=O8t9CgrLLBLxhc7Z">Watch
Agent: +971521864680
#longterm_rent
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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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.
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