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Real Estate Related Blog Posts, for The Latest News and Updates about The Real Estate Market In Dubai and The UAE Curated by Our Editorial Team.

Your dream home in Dubai has come true with Barari Hills Residence!

By Real Estate

Your dream home in Dubai has come true with Barari Hills Residence!

Warm sunshine, beautiful beaches, skyscrapers, adventure, culture… This is Dubai with its beautiful lifestyle, suitable for all age groups and family situations. Do you dream of owning a new and distinctive residential apartment in the United Arab Emirates, specifically in Dubai? Are you striving for the highest standards of luxury, luxury and quality? Do not search for long, as the real estate developer, Al Mawared Properties, offers you the most beautiful and luxurious residential units in the heart of the city.

Why should you choose Al Mawared Properties?

Al Mawared Properties was established in 1979 in the Kingdom of Saudi Arabia as a real estate development and construction company, after which it expanded to the United Arab Emirates where it also achieved an exceptional presence. The company has developed many residential and commercial projects, including “Barari Hills Residence” and “Barari Park View Residence” in Dubai, residential villas, commercial buildings and gas stations in Saudi Arabia. And if you want to evaluate resources for real estate, you must link the name to luxury in construction and design, and its commitment to providing distinguished service and exceptional quality to customers, and always striving to search for new opportunities for development and development.

What makes Barari Hills Residence so special?

An artistic, architectural and engineering masterpiece par excellence, it takes you directly to a world of sophistication and luxury, a world beyond imagination and all expectations mixed with a high level of comfort; It is the “Barari Hills Residence” project, which offers a group of luxury residential apartments in the heart of Dubai, specifically in Wadi Al Safa 3.

In addition to the stunning views surrounding this project, each residential unit has been designed elegantly and meticulously, with large spaces that provide comfort for its residents. As for the kitchens, they are modern in design and made with high-quality materials and materials. And because beauty lies in the details, you will also feel good taste in luxurious bathroom designs, thanks to the tiles used that simulate the designs and elegance of high-end resorts. In addition to all the distinctive details in these residential units, it is necessary to mention the large windows that contribute to the entry of light in a large proportion, leaving the house fully lit.

For more luxury in the building, the common spaces were designed with the same sophistication, between marble, luxurious chandeliers, and antique furnishings. “Barari Hills Residence” draws in every corner of luxury in design. In addition to all of the aforementioned, building residents will also be able to enjoy a fully equipped gymnasium, outdoor cinema, children’s play area and rooftop swimming pool, in addition to 24/7 security.

In the heart of the emirate… minutes away from important places and centers

Residents of “Barari Hills Residence” will have many options for shopping and dining in the surroundings and only a few minutes away, as it is close to main roads and public transportation, which makes it the ideal place to live.

In fact, these residential units are close to many important places in Dubai such as the Global Village, Dubai Autodrome, Dubai Science Park, IMG Worlds of Adventure, Mall of the Emirates, and many others, as it is close to many hospitals, clinics, schools, and supermarkets as well.

It is worth mentioning that “Barari Hills Residence” offers many residential units with different plans and sizes to suit all needs and tastes.

To register interest in the “Barari Hills Residence” building, please visit the website by clicking here. It is also possible to communicate with Al Mawared Properties through the following social media:

WhatsApp:

https://wa.me/971545849999

Twitter:

https://twitter.com/almawaredprop

Facebook:

https://facebook.com/almawaredprop

Instagram:

https://instagram.com/almawaredprop

Source: Al Bayan Newspaper

بيت أحلامك في دبي أصبح حقيقة مع براري هيلز ريزيدنس

By Real Estate

بيت أحلامك في دبي أصبح حقيقة مع براري هيلز ريزيدنس!

أشعة الشمس الدافئة، والشواطئ الجميلة، وناطحات السحاب، والمغامرة، والثقافة… إنّها دبي بنمط حياتها الجميل والملائم لجميع الفئات العمرية والأوضاع العائلية. هل تحلم باقتناء شقة سكنية جديدة ومميزة في الإمارات العربية المتحدة وتحديداً في دبي؟ وهل تسعى نحو أعلى معايير الرفاهية والفخامة والجودة؟ لا تبحث طويلاً، فالمطوّر العقاري الموارد للعقارات يعرض عليك أجمل وأفخم الوحدات السكنية في قلب المدينة.

لمَ عليك اختيار مشاريع الموارد للعقارات؟

تأسّست شركة الموارد للعقارات في عام 1979 في المملكة العربية السعودية كشركة تطوير عقاري وتشييد وبناء، وبعدها امتدّت إلى الإمارات العربية المتحدة حيث حقّقت أيضاً وجوداً استثنائياً. وقد طوّرت الشركة العديد من المشاريع السكنية والتجارية، بما في ذلك “براري هيلز ريزيدنس” و”براري بارك فيو ريزيدنس” في دبي، وفلل سكنية وبنايات تجارية ومحطات وقود في المملكة العربية السعودية. وإذا أردت أن تقيّم الموارد للعقارات، فلا بدّ أن تربط الاسم بالفخامة في البناء والتصميم، والتزامها بتقديم خدمة مميزة وجودة استثنائية للعملاء، والسعي دائماً إلى البحث عن فرص جديدة للتطوّر والتطوير.

ما الذي يميّز “براري هيلز ريزيدنس“؟

تحفة فنية ومعمارية وهندسية بامتياز، تأخذك مباشرةً إلى عالمٍ من الرقيّ والرفاهية، عالم يفوق الخيال وكلّ التوقّعات ممزوج بمستوىً عالٍ من الراحة؛ إنّه مشروع “براري هيلز ريزيدنس” الذي يقدّم مجموعة من الشقق السكنية الفاخرة في قلب دبي، وتحديداً في وادي الصفا 3.

إلى جانب المناظر الخلابة المحيطة بهذا المشروع، لقد تمّ تصميم كلّ وحدة سكنية بأناقة وبدقة تامّة، وبمساحاتٍ كبيرة تؤمّن الراحة لسكّانها. أمّا في ما خصّ المطابخ، فإنّها حديثة التصميم ومصنّعة بمواد وخامات عالية الجودة. ولأنّ الجمال يكمن في التفاصيل، ستلتمس الذوق الرفيع أيضاً بتصاميم الحمّامات الفخمة، وذلك بفضل البلاط المستخدم الذي يحاكي تصاميم وأناقة المنتجعات الراقية. بالإضافة إلى كل التفاصيل المميزة في هذه الوحدات السكنية، لا بدّ من ذكر النوافذ كبيرة الحجم التي تساهم في دخول النور بنسبة كبيرة ما يترك المنزل مضاءً بالكامل.

وللمزيد من الرفاهية في المبنى، صمّمت المساحات المشتركة بالقدر نفسه من الرقيّ، ما بين الرخام، والثريّات الفخمة، والمفروشات العريقة، “براري هيلز ريزيدنس” يرسم في كل زاوية الفخامة في التصميم. إضافة إلى كل ما سبق ذكره، سيتمكّن سكّان المبنى أيضاً من الاستمتاع بصالة ألعاب رياضية مجهّزة بالكامل، وسينما خارجية، ومنطقة لعب للأطفال، ومسبح على السطح، هذا بالإضافة إلى الأمن المتوفّر على مدار اليوم.

في قلب الإمارة… على بعد دقائق من الأماكن والمراكز المهمة

سيتاح لسكّان “براري هيلز ريزيدنس” خيارات عديدة للتسوّق وتناول الطعام في المحيط وعلى بعد دقائق قليلة فقط، فهو على مقربة من الطرق الرئيسية ووسائل النقل العام، ما يجعله المكان المثالي للسكن.

في الواقع، إنّ هذه الوحدات السكنية قريبة من أماكن كثيرة مهمّة في دبي مثل القرية العالمية، ودبي أوتودروم، ومجمّع دبي للعلوم، و آي إم جي عالم من المغامرات، ومول الإمارات، وغيرها الكثير، كما أنّها على مقربة من العديد من المستشفيات، والعيادات، والمدارس، والسوبرماركات أيضاً.

والجدير ذكره أنّ “براري هيلز ريزيدنس” تقدّم وحدات سكنية عديدة بمخططات وأحجام مختلفة لتناسب كافة الاحتياجات والأذواق.

لتسيجل الاهتمام بمبنى “براري هيلز ريزيدنس”، الرجاء زيارة الموقع الإلكتروني من خلال الضغط هنا.  كما يمكن التواصل مع الموارد للعقارات عبر وسائل التواصل الاجتماعي الآتية:

WhatsApp:

https://wa.me/971545849999

Twitter:

https://twitter.com/almawaredprop

Facebook:

https://facebook.com/almawaredprop

Instagram:

https://instagram.com/almawaredprop

المصدر : صحيفة البيان

A Photo of Burj khalifa and dubai downtown and mohammed bin rashid boulevard

Dubai’s new decree on real estate funds stretches investment possibilities

By Real Estate

New Dubai rules expand scope for global real estate funds to park sizeable exposures

The number of listed real estate investment trusts (REITs) globally amounted to 865 at the end of 2021 with a combined market cap of approximately $2.5 trillion. By comparison, only two REITs are listed on Nasdaq Dubai: Emirates REIT and ENBD REIT.

REITs outperformed international stock and bonds over a decade (13 per cent vs 8.1 per cent between June 2009 to December 2021). It is highly likely that a number of real estate funds will be turning their attention to Dubai, and such funds often bring with them income generation, development of previously undeveloped areas, and open up a new market for retail investors, especially with the possibility to invest in the areas of Dubai previously designated as non-freehold.

The recent media coverage surrounding Dubai’s new decree law on real estate funds is well warranted. Initially, only the high-level overview was available, which summarized the key features and incentives, i.e., that certain real estate funds could now be regulated, and such funds would then be able to apply to be exempt from the soon to come into force corporate income tax regime in the UAE.

Timed to perfection

We delve deeper into the decree law (Dubai Decree No. 22/2022) and the benefits of such a development.

The decree is aimed at enhancing Dubai as a destination for real estate investment from all across the world. It covers all licensed real estate investment funds in Dubai (mainland and free zones inclusive, including those funds registered in the DIFC), and all properties in Dubai (mainland and free zones, except properties located in DIFC).

The President of the DIFC is granted the power to grant further privileges to funds registered and operating in the DIFC.

A register for real estate investment funds will be set up with and regularly audited by the Dubai Land Department for registration of eligible funds, and funds that are registered may avail themselves of the benefits/incentives under the decree.

Eligibility

Some of the eligibility criteria for funds are:

  • The fund must be licensed with a competent authority (including the Securities and Commodities Authority, and the Dubai Financial Services Authority at the Dubai International Financial Centre),
  • The value of real estates assets held should be no less than Dh180 million, and
  • Its shares should not be suspended from trading on Dubai’s financial markets.
  • The registration fee is relatively low, at Dh10,000. Audited reports will also be required to confirm ongoing satisfaction of eligibility criteria by the funds.

Disposition fees

Where the fund:

  • Purchases property: registration fee of 2 per cent of its market value.
  • Sells property from its portfolio: registration fee of 4 per cent of the market value.
  • Registers usufruct or long-term lease: registration fee of 2 per cent.
  • Waives the right or benefit of long-term lease: fee of 4 per cent.

Benefits

Transfers of shares/units in the fund by investors will not attract any fees relating to property transfer. Founders of the fund are allowed to contribute to the fund in kind, and contributions in the form property will attract a fee of Dh50,000 rather than the standard 4 per cent fee.

Arguably the most crucial development brought about by the decree is the ability for the funds to acquire rights in property located in areas previously restricted to local ownership (as approved by the Committee of Property Investment Funds). This greatly broadens the market for property investment in Dubai.

Seeking registration

Funds considering entry into the market should seek legal advice as this is regime is in the early stages of its development, and applicants will likely require establishing a dialogue with the competent authorities to ensure a smooth and successful application process.

source: gulfnews

Dubai luxury property in ‘short supply’ with greater demand for high-end real estate

By Real Estate

Luxury properties in Dubai are in “short supply” with a greater demand for high-end real estate and better-quality properties, according to a property development firm.

One of the driving forces behind the demand for the so-called luxury properties is an influx of Russians coming into the UAE. This was a more recent influx similar to the Arab Spring several years ago where it had led to an influx with a lot of “high net worth” people moving to the country, Gavin Comerford, projects director at CHI Sol Investments Limited, told Al Arabiya English.

A lot of people from within the GCC also drove the high demand.

“You are in the Middle East, so you have a lot of rich people,” Comerford added. “Dubai is a crossroads to the world. You have a lot of people from within the GCC.”

Over the last five years, CHI Sol Investments Limited property development firm has moved from developing properties between five million to ten million AED ($1.36 million to $2.72 million properties) to villas valued at more than 20 million AED ($5.45 million) after noticing a gap in the market.

“We decided to take a punt and move into that market and that’s proved successful for us, it’s a market in short supply,” Comerford told Al Arabiya English.

Projects that Comerford has worked on include the Hillside development at Jumeriah Gulf Estate in Dubai.

UAE property website Property Finder currently lists just under 89,000 homes for sale on its website, with just under 3,000 of those priced at more than 25 million AED ($6.81 million) – the closest listing to property prices at 20 million AED ($5.45 million).

Property website Dubizzle lists some 2,230 properties for sale at 20 million AED ($5.45 million) or more, out of total of just under 66,000 properties for sale on its website.

“We saw a market for it where there is not a lot of high-end [properties],” Comerford said.

As well as a greater demand for “high-end” properties, there is also a bigger need for so-called “turnkey” property – homes, apartments or villas where people can move in straight away, without having to furnish them.

“Then you’ve got property that’s ‘super turnkey,’ [equipped] down to the robes and toilet paper, where people can literally move into the property with their bags on that day,” he added.

In a sign that the UAE’s property market is thriving real estate could increase in value in 2023, Robert Miles, a research analyst at the Dubai Investment Fund (DIF) global research departments in London told Al Arabiya English, with many investors looking to put their money in the real estate market.

Research from the DIF showed that to combat inflation – seen through the global cost of living crisis – 35 percent of investors in the UAE are interested in property.

Source: Al Arabiya

Dubai records another high of $517 million in realty transactions on Tuesday

By Real Estate

Dubai real estate market recorded 344 sales transactions worth AED1.77 billion on Tuesday, data released by the Dubai Land Department (DLD) showed.

There were 67 mortgage deals of AED115.99 million, and 48 gift deals amounting to AED63.51 million, the data showed.

Villas and apartments dominated the sales, with 286 villas and apartments worth AED600.16 million being sold.

There were 58 land plots worth AED1.17 billion sold as well, while mortgages included 61 villas and apartments worth AED103.68 million.

The total realty transactions of Tuesday were brought over AED1.9 billion after 6 land plots valued at AED12.31 million were sold.

Source: Arabian Business