All posts by Eva

CEO of Casaska Real Estate, Dubai. Licensed real estate broker. Off-plan and ready resale specialist. Investment advisor

Exploring Dubai’s Major New Projects: A Glimpse into the Future

Dubai has rapidly evolved over the last few decades, transforming from a small city to a cutting-edge metropolis known for its iconic architecture and dynamic real estate landscape. With new projects constantly being launched, the city shows no signs of slowing down. Here’s an overview of some of the most noteworthy new developments in Dubai. New Construction Projects in Dubai Dubai is known for its ambitious construction endeavors, and several upcoming projects promise to add to the city’s allure. Among them are key residential and tourism developments from some of Dubai’s most prominent developers. Palm Jebel Ali Nakheel’s Palm Jebel Ali is one of Dubai’s most impressive artificial islands. This people-focused development offers luxury living spaces, entertainment, recreational areas, and picturesque views. The project will feature over 80 hotels and accommodate 35,000 families. In September 2023, Nakheel launched waterfront villas on four fronds of the island, offering two distinct styles: The Coral Collection and The Beach Collection, each available in eight unique designs. Jebel Ali Beach Development Project Approved by Dubai’s Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Jebel Ali Beach Development Project promises a transformative addition to Dubai’s coastline. With a focus on environmental preservation, the project will cultivate mangrove forests and promote eco-friendly transportation. Spanning 10.5 kilometers, the beach will feature vibrant promenades with cafes, retail spaces, and a dedicated bicycle track for adventure enthusiasts. Dubai Islands The Dubai Islands, another ambitious project by Nakheel, will include Bay Villas and Beachwalk Residences. A standout feature is the Nakheel Rixos Hotel and Residences, offering a range of luxurious living options with overhanging terraces designed for relaxation. This project aligns with Dubai’s 2040 Urban Master Plan, emphasizing community-building and hotel development. New Hotel Projects in Dubai Dubai’s latest hotel projects are redefining luxury living, introducing new landmarks that will soon become the city’s most sought-after destinations. Gran Melía Dubai Set to debut in late 2025, Gran Melía Dubai will be the first of its kind in Port De La Mer, Jumeirah. This urban resort will feature 350 elegant rooms, a rooftop infinity pool, and award-winning restaurants offering Spanish and Mediterranean cuisine. Guests can also enjoy a state-of-the-art health club and spa. Baccarat Hotel Dubai Set to dazzle with its crystal-inspired design, Baccarat Hotel Dubai will offer 145 refined rooms and suites in the heart of Downtown Dubai. The Baccarat-branded residences provide exclusive living options, including penthouses with private gyms and pools, offering breathtaking views of the Burj Khalifa. The Island by Wasl MGM Resorts is bringing Las Vegas glamour to Dubai with The Island by Wasl. This extraordinary project will include MGM Grand, Bellagio, and Aria hotels, creating a luxurious island experience next to the iconic Burj Al Arab. A unique highlight is the Dubai Sphere, an intimate entertainment venue. New Residential Projects in Dubai For those seeking a new home, Dubai’s latest residential developments offer luxurious apartments and villas equipped with the latest amenities and situated in prime locations. Burj Binghatti Jacob & Co. Residences This luxury residential tower, developed by Binghatti, promises residents an unparalleled living experience with stunning city views. With prices starting from AED 6.5 million, the tower is generating considerable buzz in the real estate market. Six Senses Residences Dubai Marina Scheduled to be the tallest residential tower in the world by 2028, Six Senses Residences Dubai Marina is a 122-storey building offering luxury apartments, penthouses, and sky mansions. Managed by IHG Hotels & Resorts, this project is set to redefine waterfront living. The Oasis by Emaar Emaar’s Oasis development will be a luxurious waterfront community offering over 7,000 villas and mansions overlooking lakes, water canals, and parks. The first phase, Palmiera, provides 4 and 5-bedroom villas, along with several investment opportunities. Dubai’s New Infrastructure Projects Dubai is also investing heavily in its infrastructure to support its growing population and position as a global hub. Al Maktoum International Airport Expansion The expansion of Al Maktoum International Airport is set to make it the world’s largest airport by 2050, with a passenger capacity exceeding 268 million annually. This monumental project will be a cornerstone of Dubai’s aviation future. Al Khail Road Development Project Dubai’s Roads and Transport Authority (RTA) is working on the Al Khail Road Development Project, which involves the construction of bridges and widening lanes across several points. This project, now 80% complete, will ease traffic flow and improve connectivity within the city. FAQs About Dubai’s New Projects Which new construction projects are ideal for investment? Off-plan projects in Dubai are a popular choice for investors, with flexible post-handover payment plans. Popular investment areas include Palm Jebel Ali and Dubai Islands. What is the update regarding Dubai Harbour? Emaar’s Dubai Creek Tower is undergoing a redesign, with construction set to resume in 2024. Which new projects are being launched by Emaar? Emaar’s new off-plan projects offer excellent investment opportunities and are known for timely completions and handovers. Which areas have new DAMAC projects? DAMAC’s latest projects, such as Elo 3, Evergreen, and Cavalli Tower, offer a variety of options for those looking for luxurious villas and townhouses. Dubai’s ongoing projects showcase the city’s commitment to innovation and luxury, cementing its position as a global destination for high-end living and tourism. From new hotels to expansive residential communities, Dubai’s skyline continues to evolve, offering unparalleled experiences for residents and visitors alike.

A Comprehensive Guide to Tenancy Rules in Dubai

The Dubai government has put key regulations in place to safeguard the interests of tenants and landlords in the real estate sector. Both parties must understand these rental laws to ensure a smooth and transparent renting process. Here’s a detailed look into the tenancy rules in Dubai that can help you stay informed and avoid potential conflicts. Dubai Tenancy Laws Understanding Dubai’s Rental Laws The Real Estate Regulatory Authority (RERA) governs Dubai’s rental laws, providing a framework that establishes tenants’ and landlords’ rights and obligations. These laws, governed by Law No. (33) of 2008, which amends Law No. (26) of 2007, apply to any leased property in Dubai. However, properties provided free of charge for employee accommodation are excluded from this law. For those new to Dubai, familiarizing yourself with these laws can help you confidently navigate the rental process and minimize disputes.   Tenancy Contracts According to Article 4 of Law No. (33) of 2008, the tenancy contract formalizes the relationship between the landlord and the tenant. It must clearly outline all terms to avoid any confusion or misinterpretation. A valid tenancy contract in Dubai should include: Details of the leased property Purpose of the tenancy Duration of the contract Agreed rent Payment methods Name of the property owner (if different from the landlord) Once signed, the contract must be registered through Ejari, RERA’s online system for recording tenancy agreements and helping manage leases. Any changes to the contract should also be made via Ejari. To avoid complications, ensure all steps are followed before finalizing a contract.   Rent Regulations As per Article 9 of Law No. (33) of 2008, the rent amount should be clearly stated in the contract. If the amount is not specified, the tribunal may determine a fair rent based on the rates of comparable properties in the area. You can also use RERA’s rental calculator to estimate rental rates, which provides average prices across various parts of Dubai. Several factors influence rent, including: Dubai’s economic conditions RERA’s set percentage for rent increases Property condition Comparable rents in the area According to Article 13, both parties may agree to amend the contract, whether to adjust rent or alter other terms. However, if no agreement is reached, the tribunal will determine the appropriate rent based on Article 9. Additionally, Article 14 requires a 90-day notice period for any desired amendments before the contract expires.   Eviction Rules Wondering if your landlord can evict you before your lease ends? The short answer is no. However, Article 25 of the law specifies conditions where eviction may occur before the tenancy contract expires: Eviction of Tenants: Failure to pay rent within 30 days of receiving a formal notice Subletting the property without written permission from the landlord Using the property for illegal activities or purposes other than those specified in the contract Leaving the property unoccupied for 30 consecutive days or 90 non-consecutive days within a year without prior notice Damaging the property Violating local planning or construction laws If the property becomes unfit for use, verified by a report from Dubai Municipality Failure to fulfill any contractual obligations within 30 days of receiving notice Eviction by Landlords: A landlord can request eviction in the following circumstances after the tenancy contract expires: If the property requires demolition or extensive maintenance, verified by Dubai Municipality If the landlord or a close relative needs the property for personal use, provided they do not own another suitable property If the landlord wishes to sell the property In these cases, the landlord must provide a 12-month notice before eviction after the contract’s expiry.   Tenant Obligations Dubai’s tenancy laws also outline several obligations for tenants, as detailed in Articles 19-24: Article 19: Tenants must pay rent on time and maintain the property well. Any restoration or alterations require prior approval from the landlord and the necessary licenses. Article 20: A security deposit may be required to ensure the safety of the property, which must be returned upon lease expiry. Article 21: Tenants are responsible for returning the property in its original condition, except for damage caused by natural wear and tear. Article 22: All taxes and fees related to the property must be paid to the relevant government departments. Article 23: Tenants may not remove any improvements made to the property unless agreed upon with the landlord. Article 24: Subleasing the property is only permitted with written consent from the landlord. To Sum Up! Understanding your rights and obligations is crucial when renting in Dubai. These tenancy rules ensure transparency and protect tenants and landlords from potential disputes, making the rental process smoother for everyone involved. FAQ’s Can I Evict My Tenant in Dubai? Yes, as a landlord, you may evict a tenant once the contract expires. Article 25 also allows landlords to evict tenants before the contract expires under specific conditions. What is the Notice Period for Tenants to Vacate a Property in Dubai? Tenants must be given a 12-month notice to vacate the property, ensuring they have ample time to find alternative housing.      

Comprehensive Checklist for Buying Property in Dubai

Buying property in Dubai is a unique and exciting experience. As one of the most sought-after real estate markets in the world, it’s essential to approach this process with careful planning. Following a comprehensive checklist can help you make informed decisions and navigate the Dubai property market with ease. Here’s a detailed checklist to ensure a smooth property-buying experience in Dubai: Set Your Budget The first and most crucial step is determining your budget. Evaluate your financial situation, including income, savings, and other commitments, to understand how much you can afford. This will help you set realistic expectations and avoid overspending. Mortgage Options: Explore various mortgage options available in Dubai, each with different interest rates and terms. Consulting a financial advisor can help you choose the best option tailored to your needs. Hidden Costs: Keep in mind additional costs like property taxes, maintenance fees, utilities, and insurance. Factoring in these expenses will provide a clear picture of the total cost of owning a property in Dubai. Thoroughly Research the Location Location is key to long-term value appreciation. Before finalizing a property, consider: Proximity to work, schools, healthcare, and entertainment Security measures like 24-hour guards, CCTV, and access control Crime rates and community atmosphere Reviews from current residents Understand Legal Requirements Ensure that all property transactions comply with Dubai’s laws. Hiring an experienced real estate agent can help with the legalities. Foreign Ownership Rules: Familiarize yourself with the foreign ownership laws. Only specific areas, known as freehold zones, allow foreign nationals to purchase property. Title Deed and Property Rights: Make sure the property has a clean title and is legally transferable without any disputes. Research the Developer’s Reputation A developer’s credibility can greatly impact the quality and value of a property. Review Past Projects: Examine the developer’s portfolio to ensure quality and reliability. Customer Feedback: Look for testimonials and reviews from previous buyers. Project Timeliness: Verify that the developer has a history of completing projects on time. Inspect the Property Thoroughly inspect the physical condition and amenities of the property to ensure it meets your standards. Physical Condition: Look for signs of damage or repair needs. A professional property inspection can provide an unbiased assessment. Amenities and Facilities: Evaluate the maintenance and quality of common amenities like gyms, pools, and shared spaces. Well-maintained facilities enhance both property value and living experience. Future Maintenance Needs: Consider the long-term maintenance costs and potential for expensive repairs down the line. Consider Off-Plan Properties Investing in off-plan properties that are under construction can be a budget-friendly option. However, these properties come with risks like market fluctuations and construction delays, so weigh these factors carefully. Evaluate Payment Plans Understand the property’s payment structure, including the down payment and subsequent instalments. To avoid financial strain, be aware of penalties for late payments or cancellations. Assess the Property’s Resale Value Research the property’s future resale value. Emerging areas like Mirdif offer great potential for appreciation, making them ideal for investment. Review Homeowner Association Rules Check the rules and regulations set by the homeowner association, as they can affect how you use and modify your property. Monthly Fees: Factor in the homeowner association fees, which cover communal maintenance and services. Dispute Resolution Process: Make sure there is a clear process for resolving disputes with the homeowner association. Check Utilities and Surroundings Ensure that essential utilities like water, electricity, and internet are readily available. Also, evaluate the surrounding infrastructure, such as road access, public transportation, and drainage systems, which can impact both living quality and property value. Wrap Up! Purchasing property in Dubai can be a rewarding venture when approached with careful planning and informed decisions. By following this comprehensive checklist, you can navigate the process with confidence and minimize risks. Thorough research, financial preparedness, and understanding of legalities are key to securing a property that meets your needs. With the right strategy, your investment in Dubai’s real estate market can bring long-term value and satisfaction. FAQs What Should I Consider Before Buying Property in Dubai? Before making a purchase, consider the following: Market research Budget Location Real estate agent Title deed verification Payment terms Service charges Visa requirements What Is the Process for Buying Property in Dubai? Create a buyer/seller contract Sign the sale agreement Obtain a No Objection Certificate (NOC) Transfer ownership at the registrar’s office How Much Deposit Is Required for Expats? Expats need a minimum deposit of 25% for properties under AED 5 million and at least 35% for properties above this amount.  

See Your Exquisite Oasis at Palm Jumeirah Garden Home Villa

The prestigious Palm Jumeirah is an iconic man-made island known for its opulent residences for sale and unparalleled lifestyle in the UAE. Numerous property options are available, but the Palm Jumeirah garden home villa stands out as the definition of luxurious living. This 5-bedroom garden home villa for sale offers a truly exceptional living experience in Dubai. Also, you can enjoy modern design, world-class amenities, breathtaking views and more. The signature villa is built in a Mediterranean design that creates a domestic atmosphere while also matching the lifestyle of a beach resort. This comprehensive blog will discover the beauty of a modern garden villa in Palm Jumeirah. Yet, before that, let’s first cherish the majesty and glory of this wonderful destination. Palm Jumeirah is an architectural wonder that covers the Arabian Gulf in the shape of a palm tree. This artificial island flaunts Dubai’s momentum and creativity in construction, using the latest engineering technology. Modern Garden Villa on Palm Jumeirah: Their Allure You can expect the utmost style, comfort, and sophistication in the garden villa in Palm Jumeirah. This villa for sale features modern architecture, attractive interiors, and smooth indoor-outdoor space integration. Each of the exquisitely designed villas on Palm Jumeirah ranges in price following AED standards and has been designed to provide owners with the height of luxury.  Unmatched Luxury items and Facilities Modern garden homes at Palm Jumeirah are magnificent and luxurious beyond imagination. This lavish villa offers a broad range of amenities tailored to the insightful tastes of homeowners. It also features private swimming pools, landscaped gardens, stunning waterfront views, and more. Modern smart home technologies, opulent finishes, and first-rate fixtures all contribute to these homes’ luxurious appeal. Magnificent Views and Calm Environment The chief advantage of a contemporary 5-bedroom villa for sale is the views it provides: wonderful views can be admired from inside one’s home, be it a captivating Dubai skyline, the stillness of the seas of the Arabian Gulf, or the iconic Atlantis Hotel. The quiet atmosphere of Palm Jumeirah creates an elegant and serene retreat from the city’s pursuits, fitting the needs of real estate in such property locations. Large and Flexible Living Areas This modern Palm Jumeirah garden home villa features large living areas with tall ceilings, allowing enough natural light and a sense of openness. The villas are intended to house large families, with many bedrooms and bathrooms. In addition, they frequently incorporate separate maid’s quarters and large kitchens designed with advanced appliances.  The Market for Palm Jumeirah Villas: A Variety of Choices The Palm Jumeirah market provides bespoke options for various tastes and budgets. On this honoured island, there is something in store for everyone: from luxury villas to holiday houses or investment homes, right down to villas for sale. Garden Homes Palm Jumeirah Garden Home Villa offers peace and luxury. These homes to buy in Palm Jumeirah are complete with private pools and gorgeous gardens, offering a serene oasis for owners right amid a busy city. Garden Homes range between 5,000 and 7,000 square feet, with expansive living spaces and romantic outdoor environments that are perfect for entertaining guests or spending special time with loved ones. Signature Villas The Palm Jumeirah Signature Villas offer the height of exclusivity and luxury. These grand villas are situated on the fronds of the palm-shaped island. They offer direct beachfront access and unparalleled views. Various designs of Signature Villas are available, with four to seven bedrooms, each with its own distinct style and plan. Personalised Villas The custom-built villas at Palm Jumeirah give anyone who seeks ultimate personalisation a single opportunity to create a desired home. The homeowners in these villas work directly with designers and architects to create a uniquely desired home for them according to their personal style. Further, it’s possible to customise every aspect of the villa to create a lovely masterpiece—be it the choice of material, design of the layout, and many others. Palaces Palm Jumeirah offers a comprehensive collection of luxurious residences that exude grandeur and luxury. With large living areas, private movies, private gyms, and even private elevators, these palaces are built to impress. Every detail is carefully created, allowing you to enjoy a genuinely extravagant living experience.  Benefits of Living in Palm Jumeirah Besides a beautiful mansion, there are other reasons to live in Palm Jumeirah; it can offer the members of residence an active community along with a broad range of first-class amenities: The Lifestyle of Palm Jumeirah The Palm Jumeirah in Dubai is more than just a residential area. It’s a lively neighbourhood with lots of fun things to do, excellent restaurants, and entertainment venues. Enjoy delicious meals at well-known eateries, take a leisurely walk along the Palm Jumeirah Boardwalk, or unwind in lavish spas and beach clubs. Availability of Top-Notch Amenities Living in a garden home villa in Palm Jumeirah allows citizens to benefit from global-class amenities. The island features high-quality schools, state-of-the-art health facilities, and a variety of retail stores so that people lack nothing within a great distance. Moreover, the Palm Jumeirah residence may enjoy different recreational facilities like golf courses, water sports events, tennis courts, and much more. Close to Famous Landmarks and Attractions Closeness to iconic landmarks and attractions is one of the primary advantages of living in Palm Jumeirah. World-famous attractions like the Burj Khalifa and the Dubai Mall are conveniently accessible to residents, who can also explore the Dubai Marina and the city’s vibrant metropolitan centre. Because of the island’s ideal position, residents can never be far from the action.  Self-sufficient Community In Palm Jumeirah, you can enjoy the convenience at your doorstep of hospitals, nurseries, hotels, supermarkets and restaurants, which are intentionally scattered. Moreover, this destination is perfect for young families and professionals as it is close to major business centres such as Dubai Media City, Dubai Marina and more. In addition, you can enjoy a complete urban experience by visiting Golden Mile Galleria, Palm Strip Mall and Al Ittihad Park.  Benefits of Investing in

How to Choose the Best Commercial Building for Sale in Dubai

The latest research shows that the real estate industry of the United Arab Emirates is constantly growing. In contrast, the commercial property market will be one hundred and fifteen trillion dollars. Therefore, this is the right moment to invest in Dubai’s commercial real estate and gain maximum profits. Many commercial buildings in the emirate are available for sale or rent, and the whole city is covered with such buildings. However, time and effort are necessary to choose an excellent commercial building for sale in Dubai. Are you wondering how to choose a suitable commercial building for sale in Dubai? Look no further than this guide! This guide will explore all the factors you must consider when choosing the best Dubai buildings.  Factors to Consider When Choosing a Commercial Building in Dubai Look at the below-listed factors: Understanding the Dubai Real Estate Market Dubai’s diverse commercial real estate landscape demands careful consideration. Options abound for warehouses, retail spaces, offices, and industrial sites. Yet market forces shape this dynamic arena. Government policies, global shifts, and economic tides all play their part. Savvy investors must navigate these currents wisely. Understanding local nuances proves essential. Only then can one truly grasp the intricacies of Dubai’s property scene. Thorough research empowers informed decisions in this ever-evolving market. Understanding Your Business Needs Your business needs and goals define selecting the right commercial building for sale in Dubai. Your business type will determine the type of commercial property best suited for your operations and space requirements. Your precise needs will help narrow down possibilities, and the right property will fit in with your business objectives. Location Is Important The location would be the most critical factor in selecting a commercial building for sale in Dubai because the city is divided into several districts, each with its merits and unique features. Following are some key locations to consider: Business Bay: Business Bay is a quickly developing business district adjacent to Downtown Dubai. It has a combination of commercial and residential properties. This area is ideal for corporate offices as it offers excellent connectivity and modern infrastructure.  Downtown Dubai: The Downtown Dubai area is pretty much famous and accessible. It is also quite famous for its attractions, such as the Dubai Mall and the Burj Khalifa. It is ideal for businesses that want the best possible address and easy access to a very busy business hub. Jebel Ali Free Zone (JAFZA): JAFZA is a highly planned location for industrial and logistics businesses. It has easy access to various shipping routes and transport networks. Among the many benefits it offers are complete foreign ownership and tax exemptions. Financial and Budgetary Considerations Budget and financial planning are very important when choosing a commercial building for sale in Dubai, especially during selection. The first and most important step is to set up a clear budget. That means setting how much you can afford, including the initial buy or rental price and the ongoing costs associated with owning or renting property. You should perform extensive financial calculations to ensure the real estate fits within the budget and supports accomplishing your financial goals. Compliance with Laws and Regulations Selecting a commercial building for sale in Dubai requires careful consideration of laws and regulations. This ensures your investment is safe and legal. Dubai’s real estate market has a complex legal system. It aims to protect investors, maintain order, and promote sustainable growth. Thus, you must know these rules to prevent legal problems and guarantee a seamless transaction process. Knowing the local laws governing property ownership and leasing is one of the first steps in this procedure.  Facilities and Infrastructure The budget and finances are among the prime considerations when selecting a commercial building for sale in Dubai. The most important initial step is to set a clear budget. That is, determine how much you can afford to pay, basing it on the upfront costs of acquiring or renting the property and then ongoing operating costs associated with ownership or tenancy. You must perform a complete financial study to ensure the property is within your budget and supports your financial objectives. Getting Expert Help Getting professional help while finding a commercial building for sale in Dubai is very important. The reasons are that the complexity and nuances of this industry can be overwhelming. It really depends on how highly you value getting experts who can help you make good decisions. Many real estate agents, legal advisors, and property consultants can guide you to appropriate knowledge and expertise that can lead you to identify properties that fit your business objectives. Benefits of Investing in Commercial Buildings in Dubai Investment increases  The United Arab Emirates is one of the fastest-growing economies in the world. Therefore, investing in real estate in Dubai is highly profitable. Any building purchased in the early phases significantly increases in price once the construction is completed. Because of this, even if an investor decides to sell the apartment before the house’s development is finished, they can still expect to gain a profit. The area, characteristics of the residential complex, and other factors directly affect the cost of housing. Affordable Prices Saving your budget significantly is one of the most essential advantages of buying a building in Dubai. Property is available for purchase at project stage pricing, which is significantly less than those of completed homes. As a result, it is a profitable investment. You can select an apartment or villa from various options, even on a tight budget. New buildings appear common in Dubai. Therefore, developers are starting to finish the payment and price schemes. For instance, you may pay for half of the cost of the house before it is finished being built and the remaining amount when it is delivered. Other payment options may also be considered based on your preferences.  Final Thoughts Choosing the best commercial building for sale in Dubai is a pretty complex decision, and behind this complexity lie many reasons that may drive your choice. Understanding the

How to open a case against a developer

Dubai real estate market is known internationally for being one of the most transparent and safe markets in the world. However, investors have to be ready and to know their rights in case they come across any disputes with regards to their properties and this can happen even with big reputable developers. So here are the steps: Attempt to resolve the issue directly with the developer through formal communication – email the concern from the officially registered email address. Second step will be to send a legal notarized claim to the developer. Can be done through Notary public yourself or through a lawyer (in the second case the lawyer will need to get a POA – Power of Attorney – to able to represent your rights). The developer must answer the claim within 48 hrs. If not reply is given or no resolution is achieved file a complaint with RERA through Dubai Rest app. Court – If mediation fails, file a case with the Dubai Courts. Seek legal advice from a lawyer specializing in real estate law for guidance.   TIPS to keep and mind before getting involved into a property sale-purchase contract with a developer: Check the jurisdiction mentioned the SPA (sales-purchase agreement) – Dubai court or Arbitrage. In case of the last one the process will be much more expensive and will last much longer period Though sales-purchase contract might take more than hundred pages, it is recommended to take time and go through all the clauses. You will not be able to make the developer change any but at least you would know what to expect and be prepared in advance.

Top 8 projects launched in April-May 2024 in the UAE

key projects launched in April-May 2024 that you need to know. 1.  BADA AL JUBAIL AT JUBAIL SIALND, ABU DHABI Abu Dhabi will soon get a new beachfront luxury residential community valued at $1.17 billion (AED 4 billion). This community will include opulent mansions with high ceilings, 8 km of beachfront, and private beaches and marinas. Spanning over 446,000 sq m of land, the project is set to be completed by the end of 2027. Plot areas in Bada Al Jubail will range from 2,000 sqm to 6,000 sqm, featuring nine types of elegant, modern mansions ranging from 1,100 sqm to 3,000 sqm. 2. SIX SENSE RESIDENCE DUBAI MARINA Boutique developer Select Group has launched luxury co-branded apartments in various layouts, designed with feng shui and biophilic principles, and featuring wellness-focused amenities. This initiative expands the footprint of IHG Hotels & Resorts’ ultra-luxury hospitality brand in the UAE. The Dubai Marina project is poised to be an impressive 122-story building, reaching 517 meters in height. It is expected to be the “tallest residential tower globally” upon completion, according to a statement announcing the project. The skyscraper will include 251 units, ranging from two- to four-bedroom deluxe residences, half-floor penthouses, and duplex and triplex Sky Mansions with up to five bedrooms. WSP Middle East and Woods Bagot have contributed to the architectural design, while Mitchell & Eades are responsible for the interior design. The design firm Energy & Space consulted on the building’s health and wellness design, incorporating elements such as feng shui and biophilia.  3. ASTON MARTIN BRANDED RESIDENCES IN MARJAN ISLAND, RAK Saudi and Dubai-based developer Dar Al Arkan has unveiled a new project: beachfront luxury branded residences valued at $250 million (AED 918 million), situated next to the Wynn Resort casino. The project, set to be officially launched in May, is located near the upcoming Wynn Resort and is expected to be completed by 2028, in partnership with Aarvees Group. 4. ARABIAN HILLS ESTATE, ABU DHABI   The project is a gated, master-planned community spanning 244 million square feet, offering open, freehold ownership. It is located in Al Faqa’ along Tahnoun Bin Mohammed Al Nahyan Road in the eastern region of the Abu Dhabi emirate. The development is expected to be completed by Q2 2027. Arabian Hills Estate caters to both long-term primary residents and short-term visitors. Residents will have access to lagoons, natural pools, parks, and a wide range of recreational amenities, including equestrian facilities, wellness services, and luxury resorts and spas. 5. BINGHATTI HILLS Inspired by the natural contours of the terrain, Binghatti Hills aims to capture the serene ambiance of rolling hillsides and translate it into an architectural masterpiece that embodies tranquility amidst the bustling city life. Located in Dubai Studio City, the project will feature private pools, sky gardens, and a private beach. Binghatti Hills will integrate private pools and lush sky gardens into its architectural design, offering residents unparalleled exclusivity. The development will also boast a wealth of bespoke experiences within its meticulously designed amenity deck. 6. SAMAND LAKE VIEWS Developer Samana, renowned for its residences with private pools, has launched a multi-tower residential community featuring over 1,000 apartments spread across a 794,000-square-foot plot in Dubai Production City. Situated next to the neighborhood’s lake, this residential complex is part of Samana’s planned $3.4 billion (AED 12.5 billion) investment in UAE-based projects for this year. In February, Samana launched a $41 million retail park in Arjan, followed by the $381 million Barari Twin Towers in Majan the previous month. 7. HAMMOCK PARK WASL GATE  UAE-based developer Divine One Group has unveiled Hammock Park, a resort-inspired multi-tower residential community in Wasl Gate, Dubai. Situated near Jebel Ali at the intersection of Sheikh Zayed Road and Al Khail Road, Hammock Park comprises fully furnished units ranging from studios to two-bedroom apartments, spread across two acres and 70,000 square feet. The development will feature fully furnished apartments, an Olympic-size swimming pool, and a variety of sports and wellness facilities, all in a prime midrange location.

Why you should work only with RERA certified real estate agents in Dubai

Post-pandemic real estate market in the UAE has been experiencing  a real boom. The number of only registered real estate brokers reached nearly 12,000 in Aug 2023 according to the Dubai Land Department, which shows 34% increase in comparison with 2021. Most of these new born brokers have little to no experience in Real Estate in Dubai, very poor knowledge about the city, history of market cycles and prices in different areas of Dubai where they sell properties to their clients. But the bigger problem is that there are so called “freelance” agents who are not even employed with any real estate company and are not licensed by RERA but they use their network and successfully close the deals.      

RAK’s priciest properties, valued at AED 180 million, have been unveiled at Oceano

UAE-based developer The Luxe Developers has unveiled The Celeste and The Stellar, two ultra-luxury residences within the Oceano project on Al Marjan Island. Each property is valued at over $24.5 million (AED 90 million). The Oceano development is scheduled for completion in Q3 2026. The Celeste Residence occupies over 22,000 square feet across the top two floors and includes seven bedrooms, multiple living areas with sunken seating, and a spacious kitchen. The Stellar Residence features six bedrooms and spans 21,000 square feet over two levels, offering similar luxurious features. Both residences are equipped with smart home system. Both units offer open beach and sea views across Al Marjan Island from a spacious 4,504-square-foot terrace featuring an infinity pool. They are just two minutes away from the Wynn resort and include access to their own private beach. The interiors, crafted by Hirsch Bedner Associates, showcase luxurious finishes and amenities. Copper skirting boards, marble surfaces throughout, and sleek built-in alcoves adorn the walls.

Developer Binghatti Acquires Advanced Steel Manufacturing Facility in Dubai

Dubai-based developer Binghatti has announced the acquisition of a state-of-the-art steel manufacturing facility in Dubai. This new addition marks a significant milestone in Binghatti’s commitment to innovation and excellence in the real estate sector. The facility, equipped with advanced technology, will serve as the main hub for Binghatti’s skilled team of designers, architects, and manufacturing experts, who will use it to transform groundbreaking architectural designs into high-quality hyper-towers. Key architectural elements, such as the iconic crowns of Binghatti’s latest mega projects, including Burj Binghatti Jacob & Co Residences and Mercedes Benz Places | Binghatti, will be produced here. This strategic acquisition aligns with Binghatti’s streamlined supply chain and development process. Through its vertically integrated business model, Binghatti ensures maximum efficiency and control over every aspect of property development, from concept to completion. The new steel facility will work in conjunction with Binghatti’s existing in-house manufacturing facilities for joinery, aluminum, and glass, all under the guidance of its dedicated team of engineers, interior designers, and architects. This acquisition further empowers Binghatti to focus on quality and lean development, reinforcing its vision of excellence in real estate.   Binghatti secured this investment using its self-sustained cash flow, highlighting the company’s robust financial health. This strategic move further solidifies Binghatti’s status as a leading player in the industry and reinforces its commitment to exceptional quality and continuous improvement. With this latest development, Binghatti is poised to keep delivering groundbreaking architectural masterpieces that redefine the skyline of Dubai and beyond.