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REAL ESTATE IN THE UAE


United Arab Emirate – Dubai – a place where art, luxury, and comfort combine in real estate.

Think of the world’s tallest and most exotic buildings and the UAE comes to mind.

  • The Cyan Tower which is about 73 floors and 1,005 feet tall,
  • The Burj Khalifa, a mega tall 2, 716 feet building renowned for its rich history,
  • The numerous five-star hotels and resorts such as JW Marriott Marquis, Burj Al Arab, etc.

ALL IN DUBAI!

The UAE has positioned itself as a leading country for luxurious and grandeur real estate business. Who wouldn’t want to own properties in a booming city close to some of the world’s most fascinating sites?

The once upon a time open desert formerly characterized by sandstorms and drought has now transformed into one of the most desirable countries to visit. What is most interesting, however, is the technology and aesthetics that are combined to create state-of-the-art buildings in the UAE particularly in Dubai.

According to Ax Capital, a leading luxury real estate agency in Dubai, the country has mind-blowing innovative apartments for maximum comfort. The company reports that you can own a residential apartment ranging from:

  • Simple Two Bedroom apartments: with varying prices costing around AED 1,000,000 (the equivalent of $ 273,000). Meanwhile, three-bedroom full suite apartments come at a price ranging from AED 2,000,000 and above depending on the facilities and Sq. Ft. (Do keep in mind that you can find a single room apartment costing this much or even slightly above; it all depends on the quality of the real estate in question).
  • A luxury five-bedroom villa: at about AED 17, 000, 000 (equivalent to $4, 600, 000) – such is usually situated in key areas around the Burj Khalifa or the Dubai Mall for example.
  • Fully furnished paint houses: ranging from AED 20, 000, 000 and above. These buildings are often fully equipped and with everything you need in a home. You can likewise purchase villas, depending on the size of your pocket.
  • Real Estate for Rent

    Are you in town temporarily, or looking forward to visiting the UAE? According to Ax Capital, you can get modern apartments, paint houses, and even villas on a rental basis too. Rents are usually more affordable and perfect for temporary visitation.

    The Value of Real Estate in the UAE

    The real estate market in Dubai has been on a consistent increase. For example, in April 2021, the Arabian Business (a reputable news company) reported that the real estate industry transacted over AED10, 970, 000, 000, making it hit an all-time high figure in the past four years. Analysts are however conflicted on whether the increase will continue in the next few years. On whether or not it is a good time to invest in real estate, it is advisable to talk to your consultant and also consider your needs. You can consult Ax Сapital, or any other leading luxury real estate agency in Dubai that you know.

    Tags:No PR, English



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