Bullet-Point Property: Dubai No. 109
Do you have any plans to be in Dubai over the holiday period?
If you want to meet up and discuss the current market and maybe see some properties, then please give me a call or send an email.
For those that can't get away to Dubai this holiday but are thinking about a future job change?
Here's the 2019 UAE Salary guide
Remember we have no income tax, no capital gains tax, just 5% VAT on selected items and no corporation tax except for foreign banks and oil companies
Meanwhile, I hope to see you on the beach very soon. Read more here
This weeks property discussions have included:-
We have a broad selection of newly completed apartments available now, all are within the AED 500k to AED 1m price range, and they provide an annual rental yield ranging from 6.5% to 8% Net. Some great deals are available now. Email me for further details and cost and revenue analysis
Emaar South is a mixed-use development offering a new concept of tiered townhomes and standard townhouses, standalone villas and apartments many of which will have views of the 18-hole championship golf course ideally positioned at the crossroads of Dubai and Abu Dhabi, minutes away from the Expo 2020 site. The handover for the first residents will be in 12 months’ time, and we can find two bed apartments ranging from AED 985k to AED 1.2m, three bed apartments from AED 1.3 to AED 1.9m and 3 and 4 bedroom Townhouses and Villas from AED 1.4m to AED 3.3m – Please email me for a full breakdown of options available
The MJ Living residences are located across the Beach Road from the 5* Madinat Jumeirah Hotel and Resort and its famous neighbour; the 7* Burj al Arab Hotel, all apartment buildings match the modern arabesque style of the hotel and souq. The 4th building was released for sale last week, all the one beds sold immediately but we still have a good choice of two bedroomapartments available from AED 1.9m to 2.7m see the brochure here
I am sure that The Dubai Hills Estate will quickly become the most sought-after family community in Dubai when people start moving there in 2019. The Golf Club opened a few weeks ago, now we have just heard that the community will be home to a park spanning an impressive 180,000 square metres, encompassing wadi trails, a 2.5-kilometre jogging track, children’s play areas, splash park, volleyball, tennis courts, a glice rink, skate park and an outdoor gym. We have 4,5 and 6 bedroom villas available from AED 2.7m to AED 16m, two bedroom apartments starting at just AED 1m and three beds from AED 1.9m – we even some spectacular plots of land where you can build your villa alongside the golf course from AED 5.2m to AED 32m email me for more information on the available properties in Dubai Hills Estate
The very best apartments in Jumeirah Village Circle (JVC) can now be found at a new project called Belgravia Square. One beds from AED 766k to AED 853k, two beds from AED 1.174m to AED 1.376m and top floor two beds with large outdoor terraces at AED 1.7m to 1.74m. These will be at the top of the tenant's list, and the one beds will rent from at least AED 80k and two beds from AED 105k. Pay 10% + 4% + 1500 now followed by 8 x 5% construction linked instalments and 50% due on completion in Q4 2020. View the Belgravia Square Brochure here
The developer of Town Square is offering some two-bedroom apartments located directly on the main square–priced at under AED 1m and offered on a payment plan of 5% now, 5% in February, 10% in April, 15% on handover in June 2019 and then the remaining 65% spread over four years. See the brochure here and read more here
Bloom Heights and Bloom Towers will both be completed and handed over in Q4 2020. Studios start from AED 400k and one beds from AED 580k, pay 10% now followed by 5 x 5% every three months and 65% on completion in cash or via a mortgage Email me for more information
Thank you for reading this far and I hope to see you very soon