Bullet-Point Property: Dubai No. 119
The most recognised developers in Dubai must be Emaar and Damac; however, they couldn’t be more different in terms of their approach to sales, development, prices, payment plans and their project deliverables.
Damac has recently announced a profit slide of 58 per cent in 2018 with total revenues reduced by 18 per cent while Emaar has seen profits jump by 42 per cent and its revenue increase by 74 per cent.
Read about Damac by clicking here and you can catch Emaar’s numbers by clicking here
Probably best for us to take the discussion offline regarding the differences between each developer - Contact me here to arrange a callback
Arabian Ranches III
2nd phase launching soon
Sun is the name of the first community of three- and four-bedroom townhouses in the recently launched Arabian Ranches 3, the 400 houses sold out in 48 hours and now we are waiting for the next release expected within a few days
Three beds starting from AED 1.2m available on a six-year payment plan with 60% of the property value payable during the construction period and the balance of 40% is payable over three years post-handover with completion scheduled for April 2022.
Arabian Ranches is the most popular villa and townhouse community in Dubai with a completed three-bedroom townhouse starting at AED 1.7m, so these off-plan homes represent good value in today's market, especially when you take account of the payment plan offer and the free service fees and the DLD fee reduction
Please email mehere for more information or Call/WhatsApp me on +971 50 277 0078
District One
Homes of distinction
District One in MBR City located across the Al Khail Road from Business Bay, Downtown Dubai and the Financial Centre is home to some of the most spacious Villas and Mansions in the city surrounding lush green spaces and the largest man-made Lagoon in the world with 14km of shoreline.
It’s one of the finest neighbourhoods available today
Completed 4,5 and 6+ bedroom Villas starting at AED 11.5m, 7 and 8-bedroom Mansions from AED 38m, and now we have the residences which are due for handover at the end of 2020 located on the shores of the lagoon with one bedstarting at AED 1.2m, two beds from AED 2.1m and three beds from AED 2.8m
Please email me here for more information or Call/WhatsApp me on +971 50 277 0078
Bluewaters Island
Five Year Payment Plan
First prize this week for the best payment plan goes to Bluewaters Island’s latest release, these apartments are now completed to a high standard and the developer is asking for just 10% to book, 10% on handover in a few weeks’ time, nothing to pay for twelve months, pay 10% and the remaining 70% over the next 4 years plus zero DLD fee.
The apartments are located on the man-made island that is home to the Ain Dubai (Ferris Wheel) and Caesars Palace Hotel and Resort along with the stunningwaterfront retail and restaurant park.
Large one beds at AED 2.19m, two beds starting from AED 2.8m and three beds from AED 3.7m
Please email me here for more information or Call/WhatsApp me on +971 50 277 0078
A tough choice
A 5* Hotel Branded Residence
I have spent the last few days assisting an overseas buyer with purchasing their perfect home in Dubai – it’s down to the final two excellent options, with Jumeirah Living Marina Gate (JLMG) in Dubai Marina or the Banyan Tree Residences across the road in Jumeirah Lake Towers.
Both are linked to world-renowned hotel brands; both have a plentiful supply of 5-star facilities, and both offer a luxury lifestyle within a convenient location. Apartment sizes are close, views are good and prices similar, and both have their pros and cons.
Let’s see what they decide.
Banyan Tree will be ready in October 2019, and the buyer needs to pay 30% over the next 6 months with 70% due on handover – one beds from AED 1.4m to 1.75m, two beds from AED 2.3m to AED 2.7m, three beds from AED 3.7m to AED 4.8m, a four-bed penthouse for AED 6,000,000 to 8,000,000 and a two bed ground floor garden duplex at AED 3.1m to 3.7m
JLMG will complete in April 2020 and the payment plan is very buyer friendly with 10% due now, 10% in six months, 30% on completion and the remaining 50% payable over 5 years – studios from AED 1.39 to AED 1.5m, one beds from AED 1.58m to AED 2.33 m, two beds from AED 2.49m to AED 3.548m, three beds from AED 4.66 to AED 4.85 and they have a very special four bedroom Villa directly on the water at AED 10.65m
Please email me here for more information or Call/WhatsApp me on +971 50 277 0078
Let me introduce you
a bespoke collection of residences and communities
Contrary to some in the market, Emaar is not the only developer in Dubai that is worth buying from.
They may be the first choice of many as the company has formed a well-deserved reputation for delivering on time within some of the most popular communities in the city. I cannot argue against the value of the Emaar brand, but I can contend their prices, quality and the yields offered on their current properties in comparison to others.
One developer has emerged on the market in the last four years and is often my first recommendation to buyers asking for an affordable, high-quality home that is also a market-beating Buy to Let investment. Not so well known as Emaar, however, I believe that they will soon be at the top of many buyers lists of preferred developers as more of their projects are handed over and the people will come to know their excellent reputation for delivering well-designed homes built to high standards offering perfect places to live for tenants, end users and investors.
Simple designs, quality finishes and value driven
Next time you are in Dubai, let me show you the stand out developments from this boutique developer who has rapidly become the quality and design benchmark for new build homes in the Dubai property market.
Please email me here for more information or Call/WhatsApp me on +971 50 277 0078
Branded Residences
Premium homes
Home to the world’s largest collection of luxury branded properties, Dubai continues to attract global brands to its real estate market.
The market for luxury branded residences in Dubai is expanding as new players enter the market to meet the evolving needs of consumers, who are increasingly seeking bespoke luxury
Luxury branded residences demand a premium of an average of 31 per cent over non-branded equivalent offerings.
Read more here
Thank you for reading this far and I hope to see you very soon
Steven
Steven Leckie - Dubai + 971 50 277 0078 UK Freephone 0800 088 5096 www.estateagentindubai.com