Real estate | Dubai | AX CAPITAL
20 Nov 2024 11:18
❕❕❕❕❕ Apartments in Terra Heights – Expo Living
☑️New Community by Emaar
☑️5 Mins – Dubai Expo Mall
☑️5 Years Payment Plan
📍Dubai South
Four mid-rise buildings around two tranquil courtyards with a large pool and leisure area. For residents: state-of-the-art gym, mini golf, picnic and BBQ areas.
Within walking distance: Expo City, metro station, shops and restaurants.
For Sale:
➤ 1 Bedroom – from 68m²
Prices: $381,000
➤ 2 Bedrooms – from 102m²
Prices: $564,000
➡️Walk-in closets, laundries, and balconies
Benefits:
▫️Yoga Deck
▫️Sports Courts
▫️Landscaped Gardens
▫️Walking Paths
▫️Multipurpose Room
▫️Kids' Playgrounds
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
19 Nov 2024 10:41
The developer, Aldar, will launch Mandarin Oriental branded residences
📍Saadiyat Island, Abu Dhabi
The sales of 228 furnished units are set to start on November 21.
▫️Architecture – Danish Bureau, Bjarke Ingels Group
▫️Interior Design – New York studio, Lillian Wu
The project overlooking Zayed National Museum is located in the centre of Saadiyat Cultural District. Residents will have direct access to Abu Dhabi's iconic attractions and Mamsha Beach.
Features:
☑️Marble Finishing
☑️Luxury Chandeliers
☑️Private Terraces
☑️Mandarin Oriental Wellness Centre
☑️Private Dining Room
——
The number of 5* hotel rooms in Dubai will increase by 10%.
📍The World Islands
The developer, Kleindienst Group, has announced the large-scale expansion of the project, The Heart of Europe.
The $6 billion plan for the 6 islands includes the construction of 20+ hotels or 5,000 hotel rooms.
——
Danube Properties will launch a free bus for residents of the complex, Gemz.
A shuttle to the metro station will run every 30 mins.
The $95 million project was launched in June 2022 and was sold out in a couple of hours.
#developers_news
Sources: Arabian Business, Khaleej Times
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Real estate | Dubai | AX CAPITAL
16 Nov 2024 15:20
Sale | Apartment | $4,100,000
📍Downtown Dubai
Premium apartment in the 56-storey tower, The Address Sky View Tower 2, by Emaar. 5* services from the hotel chain, Address Hotels + Resorts: 24/7 concierge, cleaning, doormen, valet parking, etc.
Spacious balconies and panoramic windows offer views of Burj Khalifa and The Dubai Fountain.
☑️236m², 5 Bedrooms
☑️Fully Furnished
☑️Closed Kitchen
☑️Household Appliances
☑️Maid's Room
☑️Built-in Wardrobes and Closets
➡️Service Charge: $90 per m² per year
In the residence:
▫️Air-conditioned travelator, connecting the complex to Dubai Mall
▫️Swimming Pools
▫️State-of-the-art Gym
▫️Spa and Wellness
▫️Restaurants and Cafes
▫️Event Spaces
▫️Kids' Playgrounds
❗️The apartment is vacant and ready to move in
Agent: +971588226008
#secondary_market
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Real estate | Dubai | AX CAPITAL
15 Nov 2024 14:54
What You Need to Know About the Leading Entertainment Island in the UAE
Yas Island is an archipelago in Abu Dhabi with white beaches, world-class amusement parks, and luxurious properties.
General Information
▫️Area: 25km²
▫️Population: ~ 8,000 people
▫️Developer: Aldar Properties
TOP 10 Facts About Yas Island
1️⃣The development of the island began in 2007. Its name originated from the family of Bani Yas, who lived in this area 200 years ago.
2️⃣In 2009, Yas Island was nominated for the World's Leading Tourism Development award at the World Travel Awards ceremony.
3️⃣The island is separated from Abu Dhabi by a canal. You can get to the mainland via a 10-lane highway:
☑️10 mins – Zayed International Airport
☑️30 mins – Saadiyat Island
☑️60 mins – Dubai
4️⃣Among the island's iconic parks:
☑️Ferrari World Abu Dhabi is a 96,000m² amusement park with the world's fastest roller coaster
☑️Warner Bros. World Abu Dhabi is the world's largest indoor theme park with 30+ attractions
☑️Yas Waterworld Abu Dhabi is a waterpark with 40+ attractions, 5 of which have no analogues
5️⃣Entertainment facilities on the island are connected to the platform, MyConnect. The identifier, MyPass, selects leisure activities based on the user's preferences.
6️⃣Yas Marina Circuit is one of the most technologically advanced race tracks globally. Since 2009, the Formula 1 Abu Dhabi Grand Prix has been held here annually. The only hotel in the world above the Formula 1 track is located nearby.
7️⃣The championship golf course, Yas Links Abu Dhabi, with the marina is among the TOP 10 golf courses on the planet.
8️⃣Yas Mall is the biggest shopping centre in Abu Dhabi and the second largest in the UAE. The area of 232,000m² boasts 370+ shops, 68 restaurants, and a 24-room cinema.
9️⃣Yas Island has everything for a comfortable living: schools, clinics and nurseries.
🔟In Q3 2024, Yas Island became Abu Dhabi's most popular area for buying premium villas. Medium-rise residential complexes and townhouses are also in great demand.
Average Prices
1 Bedroom – From $254,000
2 Bedrooms – From $406,000
3 Bedrooms – From $613,000
Average Annual Rent
1 Bedroom – From $18,000
2 Bedrooms – From $26,000
3 Bedrooms – From $37,000
❗️Max ROI – 6.3% for a 1-bedroom apartment
Launches in Yas Island
☑️Selina Bay
☑️The Sustainable City
☑️Sama Yas
____
High-quality articles about the UAE's real estate every week. Read about Dubai's largest new district.
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Real estate | Dubai | AX CAPITAL
14 Nov 2024 15:58
❗️❗️❗️❗️❗️❗️ Apartments and Duplexes in Lacina Residences
☑️35,000 Trees
☑️Walkable Community
☑️Sustainable Technologies
☑️Developer – Majid Al Futtaim
☑️5 Mins to Global Village
📍Ghaf Woods
Three mid-rise buildings in Dubai's first forest community. All units have balconies with 360° views, duplexes feature pools on the terraces.
Abundance of outdoor recreation areas: forest trails, sport grounds, 3.5km mountain bike track, kids' and adult pools.
For Sale:
➤ Apartments
1 Bedroom – from 63m²
2 Bedrooms – from 101m²
3 Bedrooms – from 201m²
Prices: from $354,000
➤ Duplexes
3 Bedrooms – from 301m²
Prices: On Request
➡️Laundries, walk-in closets, and maid's rooms
Benefits:
▫️Clubhouse
▫️Fitness Centre
▫️Jogging and Cycling Paths
▫️Pet Park & Facilities
▫️Farm-to-table Restaurants
▫️Kids' Play Areas
Payment Plan:
10% – On Booking
50% – During Construction
40% – On Completion
🔑 Completion – Q4 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
13 Nov 2024 15:00
➤ Episode №8 – Ideas for Unforgettable Holiday in the UAE
Kayaking through azure waters, making a breathtaking zip line descent, or encountering wild animals in the desert. The UAE offers incredible opportunities to experience harmony with nature. Discover new horizons with AX CAPITAL!
⏳ Watch time: 3.5 mins
Find this and other videos on our YouTube channel ➤ Watch
#ax_view
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Real estate | Dubai | AX CAPITAL
12 Nov 2024 15:01
❗️❗️❗️❗️❗️❗️ Townhouses and Villas in DAMAC Islands
☑️New Mega Community
☑️Lagoon with Waterfalls
☑️Direct Beach Access
☑️3.5 Years Payment Plan
📍Dubailand
Collection of 2-storey townhouses and 3-storey villas in a community of over 2.8 million m². Project inspired by the world's best tropical islands.
Everything for nature lovers: a jungle river, hot spring spa, iguana park, and fresh market.
▫️50%–75% capital growth in 3–5 years
For Sale:
➤ Townhouses
4 Bedrooms – 205m²
5 Bedrooms – 295m²
Prices: from $613,000
➤ Villas
6 Bedrooms – 412m²
6 Bedrooms + Gym – 991m²
7 Bedrooms + Gym – 1587m²
Prices: from $1,715,000
➡️Walk-in closets, maid's rooms, terraces, and garages for 2–3 cars
Benefits:
▫️Fitness and Calisthenics
▫️Mini Golf Island
▫️Zipline and Swings
▫️Aqua Dome and Park
▫️Floating Leisure Areas
▫️Kayaking and Paddle Boarding
Payment Plan:
Receipts for EOI request ➤ from $30,000
20% – On Booking
55% – During Construction
25% – On Completion
🔑 Completion – Q4 2029
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
11 Nov 2024 17:07
❗️❗️❗️❗️❗️❗️ Apartments in ONDA by KASCO
☑️Burj Khalifa Views
☑️12km Promenade
☑️Prices from $293,000
📍Business Bay
23-storey residential complex on the bank of canal in the demanded business area. It is conveniently located 10 mins to Dubai Mall.
For an active lifestyle: a gym, outdoor and indoor pools, spa zone with sauna, steam and cold plunge rooms.
For Sale:
➤ Studios – from 39m²
Prices: from $293,000
➤ 1 Bedroom – from 77m²
Prices: from $457,000
➤ 2 Bedrooms – from 80m²
Prices: from $484,000
➤ 3 Bedrooms – from 156m²
Prices: from $1,029,000
➡️Service Charge: $50 per m² per year
Benefits:
🌳75,000m² Park
▫️Yoga Spaces
▫️Fire Pit and Leisure Areas
▫️Co-working Spaces
▫️Cafes and Restaurants
▫️Kids' Play Areas
Payment Plan:
20% – Down Payment
20% – During Construction
60% – On Handover
🔑 Handover – Q3 2027
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
09 Nov 2024 11:36
Sale | Penthouse | $3,700,000
📍Dubai Creek Harbour
Stylish penthouse full of natural light in the 51-storey tower, Harbour Views 2, by Emaar. Balconies and panoramic windows offer breathtaking views of the yacht marina and Burj Khalifa.
The skyscraper is located in the parkland area of the peninsula. Within walking distance – Vida Creek Beach and Dubai Creek.
☑️Fully Furnished
☑️Household Appliances
☑️Open Kitchen with an Island
☑️Built-in Wardrobes
☑️2 Parking Spaces
☑️Pets Allowed
For residents:
▫️Swimming Pool
▫️State-of-the-art Gym
▫️Multipurpose Hall
▫️Shops and Boutiques
▫️Cafes and Restaurants
▫️Kids' Playgrounds
❗️The penthouse is vacant and ready to move in
Agent: +971521706541
#secondary_market
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Real estate | Dubai | AX CAPITAL
08 Nov 2024 11:50
❗️❗️❗️❗️❗️❗️ Villas and Townhouses in Kensington Gardens
☑️British Architecture
☑️Vertical Gardens
☑️Ceilings from 3m
☑️Community by Nakheel
📍Greenwood
Collection of 3-storey townhouses and villas in a self-sufficient ecological community with lagoons and a 99,000m² park. Each house features a wine cellar, maid's room, walk-in closet, and garage for 2 cars. Big plots have private gardens. Villas boast pools and lifts.
♻️ Sustainable technologies include solar panels, smart home systems, and EV charging stations.
For Sale:
➤ Apartments
3 Bedrooms – from 253m²
Plot – from 149m²
4 Bedrooms – from 287m²
Plot – from 151m²
5 Bedrooms – from 340m²
Plot – from 173m²
Prices: from $871,000
➤ Villas
6 Bedrooms – 481m²
Plot – 406m²
7 Bedrooms – 576m²
Plot – 490m²
Prices: from $1,879,000
❗️Special offer: crystal chandeliers, furnishing for villas
Benefits:
▫️12.5km of Jogging and Cycling Paths
▫️Meditation Spaces
▫️Leisure and BBQ Areas
▫️Pet Park
▫️Shops and Restaurants
▫️School and Nursery
Payment Plan:
10% – On Booking
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
07 Nov 2024 13:20
Last Month Bestseller Projects
According to the Dubai Land Department data:
➤ In October 2024, 20,665 property transactions worth $16.74 billion were completed in Dubai.
❗️This is the highest performance since 2009
Property deals show 191% volume ↑ and 107% value ↑ compared to October 2023.
35% ➤ 7,135 transactions worth $9.18 billion – Existing Properties
65% ➤ 13,530 transactions worth $7.56 billion – Off-plan Properties
Compared to October 2023:
➤ Existing properties – volume ↑ by 28%, the value ↑ by 31%
➤ Off-plan properties – volume ↑ by 790%, the value ↑ by 590%
TOP 5 Residential Projects by Sales Value
Apartments
1️⃣Sobha Orbis – $243 million
2️⃣Address Residences Dubai Hills Estate – $218 million
3️⃣Cilia, Ghaf Woods – $191 million
4️⃣Sobha SeaHaven – $190 million
5️⃣Serra, Ghaf Woods – $136 million
Villas and Townhouses
1️⃣Riverside – $623 million
2️⃣Greenridge – $303 million
3️⃣Athlon by Aldar – $237 million
4️⃣Avena, The Valley – $178 million
5️⃣Venera, The Valley 2 – $84 million
1st Place by Sales Volume
Apartments – Sobha Orbis
Villas and Townhouses – Riverside
#real_estate_dubai
Source: Dubai Land Department
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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
19 Nov 2024 17:14
Football star player Neymar Jr has bought $54 million Sky Mansion penthouse
📍Business Bay
The penthouse is located in the project, Bugatti Residences by Binghatti. In the residence:
☑️Car Lift from Garage to Penthouse
☑️Private Pool
🔑 Completion – 2026
#life_dubai
——
Deyaar Development has launched a premium residential complex, Rivage.
📍Al Reem Island, Abu Dhabi
The project will include:
☑️Residences and Duplexes
☑️Bespoke Sky Villas and Sky Palaces
All units will boast a smart home system and household appliances.
Features:
▫️Mangrove Terrace
▫️Rivage Lounge and Club
▫️Mangrove Spa
🔑 Completion – Q4 2027
By the end of 2024, Deyaar will launch a $408 million project in Dubai. The complex will have 1000+ units.
——
Anax Developments has unveiled the project, Evora Residences.
📍Al Furjan
The 10-storey building will house apartments with 1–3 bedrooms. All units will feature Bosch appliances and sanitary ware by Teka.
Prices: from $291,000
🔑 Completion – Q3 2026
#developers_news
Sources: Arabian Business, The National News, Trade Arabia
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Real estate | Dubai | AX CAPITAL
18 Nov 2024 13:39
Dubai villa market has exceeded market peaks of 2021 by 148.5%
➤ According to the ValuStrat Index (VPI)
Compared to September 2024, VPI ↑ by 1.9%:
Villas ↑ by 2.2%
Apartments ↑ by 1.7%
Compared to October 2023, VPI ↑ by 28.3%:
Villas ↑ by 32.4%
Apartments ↑ by 24.3%
▫️Sales Volume
Ready ↑ by 30.1%
Off-plan ↑ 99.7%
🔺Areas with the highest annual capital gains:
Villas
Palm Jumeirah ➤ 42.5%
Jumeirah Islands ➤ 42.3%
Dubai Hills Estate ➤ 33.7%
Emirates Hills ➤ 33.1%
Meadows ➤ 30.5%
Apartments
The Greens ➤ 32.4%
Discovery Gardens ➤ 30.9%
Palm Jumeirah ➤ 29.9%
Al Quoz Fourth ➤ 28.4%
The Views ➤ 28.4%
🔺TOP 5 developers by sales in September:
Emaar – 14.7%
DAMAC – 13.6%
Sobha – 8.7%
Azizi – 6.2%
Dubai Holding – 3.4%
#real_estate_dubai
Source: ValuStrat
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Real estate | Dubai | AX CAPITAL
16 Nov 2024 10:11
❗️❗️❗️❗️❗️❗️ Apartments in The Community
☑️German Appliances
☑️1% Monthly Payments
☑️7 Years Payment Plan
☑️Prices from $177,000
📍Dubai Sports City
26-storey tower just 2 mins from Dubai International Cricket Stadium. The area offers everything for sport lovers, including an 18-hole golf course, sports complexes and academies.
The rooftop boasts an infinity pool, leisure areas with pergolas, rainforest, and zen garden.
For Sale:
➤ Studios – from 45m²
Prices: from $177,000
➤ 1 Bedroom – from 84m²
Prices: from $299,000
➤ 2 Bedrooms – from 139m²
Prices: from $463,000
➤ 3 Bedrooms – from 158m²
Prices: from $572,000
Benefits:
▫️State-of-the-art Gym
▫️Spa Centre
▫️Co-working Spaces
▫️Parks and Lake
▫️International Schools
▫️Kids' Play Areas
Payment Plan:
Receipts for EOI request ➤ $20,000
20% – On Booking
56% – During Construction
44% – Within 4 Years Post-handover
🔑 Handover – Q3 2027
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
15 Nov 2024 12:54
❗️❗️❗️❗️❗️❗️ Townhouses in La Tilia – Villanova
☑️Lagoon and Parks
☑️Community by Nakheel
☑️4 Years Payment Plan
☑️7 Mins to Global Village
📍Dubailand
New collection of 2 and 3-storey townhouses with a lagoon and a beach. The family-friendly community offers pools, amphitheatre, sport grounds, mountain bike track, and pet park.
Each townhouse features spacious layouts, floor-to-ceiling windows, and garden views.
For Sale:
➤ Townhouses
3 Bedrooms – from 139m²
Prices: from $732,000
4 Bedrooms – from 158m²
Prices: from $814,000
Benefits:
▫️State-of-the-art Gym
▫️Football and Paddle
▫️Jogging and Cycling Paths
▫️Leisure and BBQ Areas
▫️Shops and Restaurants
▫️Kids' Play Areas
Payment Plan:
10% – On Booking
50% – During Construction
40% – On Completion
🔑 Completion – Q3 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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Real estate | Dubai | AX CAPITAL
14 Nov 2024 11:04
The construction of Dubai's first vertiport for city-wide air taxi service has begun
The 3,100m² vertiport will be located near Dubai International Airport and will accommodate:
▫️Take-off and Landing Areas
▫️Electric Charging Facilities
▫️Passenger Zones
The landing site will have the capacity to handle 42,000 landings or 170,000 passengers annually.
Next facilities will be located in Downtown Dubai, Dubai Marina, and Palm Jumeirah.
#life_dubai
____
The Dubai Land Department (DLD) has developed a new policy to drive the real estate sector.
It includes 4 key strategies:
1️⃣Alliances. Creation and strengthening strategic partnerships
2️⃣Sustainability. Rational use of resources and improving the sector's adaptability to global crises
3️⃣Reputation. Focus on turning Dubai into a leading real estate market
4️⃣Transparency. Publishing and strengthening the security of data sharing
DLD has also provided access to key real estate services through the platform, Dubai Now.
Users can request online:
☑️Full Report on Property
☑️Ownership Certificate
#real_estate_dubai
Sources: Arabian Business, Khaleej Times
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Real estate | Dubai | AX CAPITAL
13 Nov 2024 10:24
Sale | Apartment | $4,900,000
📍Bluewaters Residences, 5 mins to Dubai Marina
Fully upgraded apartment within walking distance of the sea. Premium finishing include Spanish and Italian materials, as well as wooden floors.
Panoramic windows and a balcony offer spectacular views of Ain Dubai, greenery, and the gulf.
☑️240m², 4 Bedrooms
☑️Custom Furniture
☑️Open Kitchen with an Island
☑️Miele Appliances
☑️Study
☑️Maid Service
☑️Covered Parking
In the community:
▫️265-metre pedestrian bridge connecting the island to JBR beach
▫️Swimming Pools
▫️State-of-the-art Gym
▫️Basketball Courts
▫️Cafes and Restaurants
▫️Concierge and Security 24/7
▫️Kids' Play Areas
❗️The apartment will be vacant on transfer
Agent: +971586448869
#secondary_market
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Real estate | Dubai | AX CAPITAL
12 Nov 2024 11:42
How Dubai's most anticipated megaproject is being created
The developer, Nakheel, has presented a report on the completed works in Palm Jebel Ali:
▫️May 2023: Ruler of Dubai approved the masterplan for the development of Palm Jebel Ali
▫️May 2024: Road construction started within the archipelago
▫️August 2024: Marine works in the megaproject began
▫️October 2024: Three contracts for the construction of villas on the first six fronds were signed, along with a contract for the development of two electrical substations
▫️November 2024: Launch of Beach Collection villa sales
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DAMAC Properties has announced the launch of its private airline, DAMAC Air.
The luxury airline's first routes include 6 tropical destinations:
☑️Bali
☑️Bora Bora
☑️Hawaii
☑️Maldives
☑️Seychelles
☑️Fiji
The developer will offer free trips to those who register on the air company's website.
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During the first 9 months of 2024, Emaar recorded a 66% increase in sales – up to $13.1 billion.
Compared to the same period in 2023:
▫️Revenue ↑ by 69% – 3.4 billion
▫️EBITDA ↑ by 35% – 1.6 billion
▫️New Projects Launched – 50
In October, the developer announced the start of sales of:
▫️Apartments and Townhouses in Address Residences Al Marjan Island
▫️Townhouses in Greenville
▫️Apartments in Marina Cove
#developers_news
Sources: Khaleej Times, Arabian Business
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Real estate | Dubai | AX CAPITAL
11 Nov 2024 12:26
The Central Bank of the UAE (CBUAE) has lowered the base rate by 25 basis points
4.9%➡️4.65%
In September 2024, the US Federal Reserve cut the rate by 50 basis points amid slowing inflation.
Find out how the decrease affects real estate investments in the UAE.
——
Dubai GDP reached $31.6 billion in Q2 2024.
This is an increase of 3.3%, in comparison with the same period 2023.
The sectors of the economy that have contributed the most to GDP:
☑️Wholesale and Retail – 24.7%
☑️Transportation and Storage – 13.6%
☑️Finance and Insurance – 11.3%
☑️Manufacturing – 9.1%
☑️Real estate – 8.7%
#economy_dubai
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Dubai has entered the TOP 5 global city brands
➤ According to the brand valuation company, Brand Finance.
15,000 people have rated 100 cities on indicators reflecting their attractiveness for living, working, and doing business.
Dubai has achieved leading positions globally in various indicators:
🥇Reputable City
🥈Stable Economy
🥉Attractive Personal Taxation
TOP 5 Cities Brands
1️⃣London
2️⃣New York
3️⃣Paris
4️⃣Tokyo
5️⃣Dubai
#news_uae
Sources: The National News, Arabian Business, Brand Finance
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Real estate | Dubai | AX CAPITAL
08 Nov 2024 15:01
Investing in Dubai Real Estate: First Steps
1️⃣Define Investment Goal
This could be:
▫️Rental Yields
▫️Resale Upon Project Completion
▫️Flipping
▫️Capital Preservation in m²
2️⃣Evaluate Budget
The entry threshold for Dubai's market is $150,000. This is a price for a studio 20 mins from the sea. More comfortable to choose with a budget from $300,000.
Consider additional expenses:
▫️DLD Registration Fee: 4%
▫️Service Charge: from $8.8–$88 per m² per Year
3️⃣Choose Property Type
☑️Ready or Off-plan
This choice depends on your strategy. Ready properties are perfect for rentals. Off-plan units are good for resale.
☑️Residential or Commercial
Residential real estate in Dubai is tax-free. The supply of commercial properties is limited, while demand for offices and shops is growing rapidly.
☑️Apartment or Villa
Although apartments are more common for investing, villas in Dubai also offer potential for rental and resale. In September 2024, annual price growth for villas on Palm Jumeirah exceeded 42%.
4️⃣Decide Between Primary and Secondary Market
A purchase from a developer offers interest-free installments with a down payment of 10%–20%. Sometimes it's 2–3 years post-handover, with a current maximum of 8 years. Agency fee➡️0%
For purchases from a private seller, be ready to pay the full amount upfront. Agency fee➡️2%
5️⃣Explore Financing Options
Both UAE residents and non-residents can secure mortgages with Dubai banks. For non-residents, the process is more complex, and the down payment is from 40%. You can combine payment plans with a mortgage.
6️⃣Choose Location
▫️Flagship areas in the centre and by the sea: Dubai Marina, Downtown Dubai, Palm Jumeirah.
▫️Developed family areas 15 mins from the centre: Dubai Hills Estate, JVC, Dubai Creek Harbour.
▫️Emerging areas with growth potential: Town Square, DAMAC Lagoons, Azizi Riviera.
7️⃣Research Developers
Choose reputable companies. Some of Dubai's largest developers include Azizi, Danube, DAMAC, Emaar, Sobha.
8️⃣Decide Against Getting Resident Visa
A 2-year visa is available with a property purchase from $204,000, while a 10-year visa requires $545,000. You can sponsor family members and renew the visa as long as you own the property. However, if you decide to sell, the visa will be canceled.
____
High-quality articles about the UAE's real estate every week. Find out why renting out property in Dubai is profitable.
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Real estate | Dubai | AX CAPITAL
07 Nov 2024 16:10
❗️❗️❗️❗️❗️❗️ Apartments and Townhouses in Mamsha Gardens
☑️5 Mins to Beach
☑️18-hole Golf Course
☑️Promenade and Restaurants
☑️Developer – Aldar
📍Cultural District, Saadiyat Island
Residential complex of mid-rise buildings and townhouses from the Abu Dhabi's leading developer. Within walking distance – Louvre and Guggenheim Abu Dhabi, Manarat Al Saadiyat.
The courtyard features an infinity pool, landscaped gardens, jogging paths, leisure and BBQ areas.
For Sale:
➤ Apartments
1 Bedroom – from 99m²
2 Bedrooms – from 195m²
2 Bedrooms + Maid's Room – from 216m²
3 Bedrooms + Maid's Room – from 262m²
Prices: from $844,000
➤ Townhouses with 2 and 3 Bedrooms
Areas and Prices: On Request
➡️Studies, walk-in wardrobes, and laundries
Benefits:
▫️Housekeeping, laundry, cooking, and barber services
▫️State-of-the-Art Gym
▫️Rooftop Garden
▫️Meditation Spaces
▫️Cinema
▫️Co-working
▫️Kid's Club
Payment Plan:
10% – On Booking
55% – During Construction
35% – On Completion
🔑 Completion – Q2 2028
Leave a request: +971521718769
✅ Agency commission – 0%
#new_launch
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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
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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
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⠀
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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