Bullet-Point Property: Dubai No. 96

I am sending you a couple of interesting articles about the Dubai Property Market - as linked below

The majority of upcoming apartment supply in Dubai (79 per cent) is architecturally diverse while ready units are equally split between diverse and homogenous.

and

Nearly 40,000 foreign investors accounted for up to Dh107 billion of the Dh285 billion in real estate transactions in Dubai last year. According to the DLD, the top nationalities investing in Dubai property are Indians, Saudis, Britons, Americans and Pakistanis, with investors from China, Egypt, Lebanon and Jordan also increasing.

This week’s property news and discussions:-

  • Emaar has introduced a limited time offer on their remaining Maple 3 Townhouses located within the upcoming Dubai Hills Estate. These are the developers updated and contemporary version of the very popular Springs townhouses that were first introduced into the market back in 2004. The fourbeds (2,471 sq. ft.) start at AED 2.8m and the five beds (2,726 sq. ft.) at AED 3.4m on a flexible payment plan. Pay 30% between now and completion, 10% on handover in December 2019 followed by 5% every fourmonths for three years, no 4 % DLD fee and zero service fees for four years. Email me for availability, brochures and floor plans

  • Damac also has a special payment plan offer on their Just Cavalli Villas in Akoya Oxygen; these branded three-bed townhouses are quoted at 2,099 sq. ft. and start at AED 1.35m. They have a payment plan of 7% down followed by 1.5% every month for the next three years, 19% on possession in Q4 2020 and 20% one-year post-completion. Email me for brochures and availability

  • Yesterday was the official launch day for The Port de La Mer development and their waterfront properties located off the coast of Jumeirah – One bedsstarting at AED 1.3m and two beds at AED 1.9m on a payment plan of 40% in construction linked instalments and 60% on completion in December 2020. Email me for more details 

  • One of my favoured developers has another exceptional waterfront project which is their 9th residential development in Dubai Marina, No.9 comprises of one, two and three bedroom apartments including four duplex penthouses with spectacular marina views and superior finishes. Hand over is in December 2018,– limited inventory available with one bed starting at AED 1.4m, two beds at AED 2.1m and three beds at AED 3.6m and their spectacular penthouses starting at 7.3m. - Pay 10% now and 90% on completion with Zero DLD fees I have photos, floor plans and availability

  • Still some availability at Marina Vista in Emaar Beachfront which was launched a few weeks ago – one beds on the Island range from AED 1.23m to AED 1.5m, two beds from AED  2.425m and three beds from AED 4.2m all on a 40/60 payment plan with completion in December 2021 – email me for more info

  • By far and away the best apartments to be found in JVC are built by Ellington, and we have one beds starting at AED 730k and their two beds starting at less than AED 1.1m – we have completed units, some to be delivered in a few months and others that will be ready in 2020. These are some of the best Buy to Let investments in all of Dubai, they rent fast, occupancy levels are very high, and rents are always way above the market rate. email me for more info

  • This morning, I visited the last remaining unsold studio with a full sea view in Pacific on Al Marjan Island in Ras al Khaimah -  its ready now and its selling for AED 370k, pay 50% now, receive the keys and pay the remaining 50% over the next two years. They also have a rare one bed with a full ocean view at 630k. email me for more info

PropertySteven LeckieProperty Watch, Property development in Dubai, property prices, property trends DubaiComment