Bullet-Point Property: Dubai No. 93

The end of a nine-day Eid holiday coincides this year with the final few days of the annual summer escape as schools return for a new academic year starting next week, we have a fresh influx of expats, and the long-term residents and UAE nationals and their families are all flying back from their summer spent in cooler climes.

The hope is that we can get now get back to "business as usual".

It has been an extraordinary summer for the property market, the like of which I have not seen in my 15 years of living and working in Dubai. There have been some amazing payment plans on offer combined with incentives on the DLD fees and the service charges as the developers have been competing heavily for your custom over Ramadan and the summer.

• Emaar has been the first to announce a post-summer launch, it will happen sometime in September, and it’s expected to be oversubscribed due to its location on the new Emaar Beachfront man-made island in Dubai Harbour. The first two buildings on the Island sold fast, so we are expecting massive interest from all those who missed out on the Sunrise Bay and Beach Vistareleases earlier this year. The apartments in Beach Vista were well priced with one bed at AED 1.3m to AED 1.6m, two beds at AED 1.9m to AED 2.3m and three beds at circa AED 4.3m. all on a 50/50 payment plan. Email me for updates on this new launch

A quick call around this morning to the developers and they have all confirmed that their offers will end on the 31st August 2018.

• Emaar’s Downtown Offer of the seven-year interest-free payment plan -  Pay 5% now, 5% in 30 days, 5% in 6 months and 5% in 12 months, 5% on handover and 75% post-handover with 5% every four months for five years. 100% off the DLD property registrations fees and No service charges for three years. Contact me for more information

• Emaar’s Summer Offer on most of their properties outside of Downtown - Pay 50% during construction and 50% over three years post-handover plus 50% off the DLD registration fee – two bedroom apartments starting at AED 1m Contact me for more information 

• Belgravia Heights in JVC has a payment plan of 40% during construction and 60% on handover combined with a 2% discount – one bed starting at AED 743k with above average rental yields Contact me for more information

• Marina Gate 1,2 and 3 which is the best project in the Dubai Marina has some excellent payment plan options – pay 10% now and 90% on handover in March 2019 on MG2 – with a one bed starting at AED 1.52m and two beds at AED 2.49m. They are also offering a two year 50% post-handover payment plan on their last few remaining and completed apartments in Marina Gate 1 with two beds starting at AED 2.46m. Click here for more information or to arrange a viewing

• The offer on Wilton Terraces in Meydan is also coming to an end, and there is limited availability of their one beds starting ta AED 994k and their two beds at AED 1.4m. These are some of the best-priced quality apartments in the area, and I expect growth and high yields when completed in 2019 - Click here for more information on Wilton Terraces

• DP’s Mediterranean style Townhouses in Villa Nova and the contemporary style Arabella in Mudon are some of the best on offer in Dubai, well-designed floor plans with plenty of living space and at a low price starting at AED 1,2m on a 4 Years Post-Handover Payment Plan with 30% only during construction, and the developer will pay 100% fo the Dubai Land Department Fees Click here for more information on Townhouses

• The recently completed Pacific on Ras Al Khaimah’s Al Marjan Island which is just under one hour’s drive north of Dubai airport offers uninterrupted ocean views, direct beach access and a limited time offer of a 50% two years post-handover payment plan with no service fees for 12 months. Studios from  AED 335k, one bed from AED 557k and two beds from AED 669k. Click here for more info on these Beachfront properties

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