Jumeirah Village Circle

One of the most family friendly developments in Dubai, Jumeirah Village Circle has been designed to provide residents a beautiful, serene and a modern atmosphere set amid luscious landscapes. Jumeirah Village Circle enjoys its strategic location in the heart of new Dubai with superior connectivity to 3 major roads including Al Khail Road, Mohammad Bin Zayed Road and Al Barsha Road, this self contained community has everything expected from a world class self contained community.

Jumeirah Village Circle has been designed with unique radial patterns with streets leading to a central community center. The walkways and transport systems will increase mobility for residents and provide providing convenient access to the public areas. The development features 2,000 sprawling villas, exclusive townhouses and an array of amenities for the entire family. JVC townhouses for sale are much in demand with people who want to have an independent unit .Verdant Parks, sports fields, Schools, Jogging and cycling tracks, children’s play areas, mosques and community retail center are some of the quality amenities creating outdoor activities for all members of the family and making it an exclusive family retreat.

The Broadwalk at Palm Jumeirah

NEWS

Palm Jumeirah has been amazing tourists with unique developments and now there will be a new feather in the cap, the Broad Walk will transform the existing 11 km crescent which also serves as a protective breakwater into a place where residents and visitors can shop eat and walk in some of the finest stores and glass-encased cafés and restaurants. The Boardwalk will include 2 piers each stretching  100 meters out in the Sea and will create 1000 square meters of decking, thus a wonderful experience for visitors.

The Boardwalk will be created by building over the rocks on Palm Jumeirah’s breakwater and will have a width of six meters.

Dubai based master developer Nakheel has appointed AST company to build the Boardwalk, work on this new development is likely to start of Nov 2014 and will complete by the mid of 2016.

Palm Jumeirah is famous for its landmarks and is the most visited destination in the region. Home to some of the best and unique Hotels in the world Palm Jumeirah is on top priority for residing among visitors to Dubai. Palm Jumeirah also offers luxurious villas and apartments which are very popular for their private beaches and amenities. Palm Jumeirah apartments are considered to be one of the best residential units in the region and the most sought after among people wanting to live in a resort like atmosphere. The villas at the Palm Jumeirah are unique with each having a private beach and swimming pool making it just a perfect place for family fun and an outdoor life and spectacular views of the Sea.

Selling Hassles

Selling a property can have many hassles and hurdles that a Seller has to get through. Whether it is an apartment, villa or office it can be a stressful procedure from the moment you decide to sell your property, so how do you combat the difficulties to ensure a greater peace of mind. We will go through what we believe to be the best and most successful strategy for sellers based on experience and expertise.

First you have to look and find a good agent that you can trust to sell your property for you. This can be difficult as there are many agents who are money hungry and don’t care about much more. A good agent will work with you as a seller to firstly understand what your requirements are and work to fulfill these by advising you according to your situation of all the possibilities and then assisting you to pick the right option. The benefit of picking many agents is that you expose your property to the market which increases the chances of a potential buyer seeing the property. However this is greatly outweighed by the fact the buyer’s will see that the property is listed more than once and feel that the seller is desperate to sell which is the last thing you want.

With this is in mind is being Exclusive with an agent a good idea?

The question is very much dependent on the understanding you have with the agent and how he/she interprets your requirements for the property to sell. How quickly you want to sell, what market you want to target, if you need a buyer to clear your finance? Once you have narrowed down an agent that you prefer to work with what are the benefits of choosing exclusive.

Many sellers feel lost and confused as to whom to call and follow up on with clients because of the many agent they speak to. An exclusive agent can take this off the seller’s hands by ensuring that all enquires, clients, agents and interested parties are dealt with and qualified by the agent before reaching the point of a viewing or negotiation. A good agent will communicate with the owner feedback and interest received on the property regularly which helps him/her make the right decisions of the sale based on the valuable information given said agent.

 So with these points in mind how do I ensure my property is substantially exposed in the market enough to find the right buyer for the property? With an exclusive agent the agent will feel obliged to put all their hard work on selling the property so will look at advertising as premium listings and featured listings. These listings are special and are placed at the top of all searches in the major portals in Dubai and they have highlighted descriptions which ensure the buyer spots it.

Agents also have a large network of other reputable agents that the agent will work with to ensure a greater exposure for the property which means more clients and a bigger potential to sell the property. The biggest threat to a potential sale can be over exposure as this can disinterest potential buyers as they feel the seller is desperate to sell and influence the buyer to offer a lower price.

Also good agencies will advertise in print which can be very good for high end property as high end buyers are more likely to come from print advertising. A reputable agent will look at having regular print of the property on full or half page adverts which showcases the features of the property.

Advert boards and opens houses are also very successful in different parts of the world as they can showcase the best of each property which the agent can arrange on behalf of the seller to a high standard. With this in mind we believe it is a straightforward choice. Which will you choose? Get Listed Get Sold.

Source: Safura Abas

General Manager, Aston Pearl Real Estate

Feel at home at the Al Reem Island

Al Reem Island is a mixed use development off the coast of Abu Dhabi, the project covers  a total area of 6.5 million square meters and is the first free zone of Abu Dhabi.

Al Reem is a vibrant mixed purpose community and once completed, it'll host 280,000 residents in its high rise towers catering to the needs of people looking for Abu Dhabi apartments for sale and rent. The Island will also have amenities like schools, shopping malls, hotels, restaurants, and medical facilities making it a complete community fulfilling the daily needs of residents. Al Reem is a free hold project and properties can be owned on an extendable lease for 99 years.

The project is divided into sub communities giving each community an identity of its own.

Marina Square:

This meticulously planned mixed use community is the face of the Island and is estimated to home 8,000 residents, the community includes 13 high rise towers with world class facilities and amenities including shopping mall and restaurants. The residential towers offer studio, 1 and 2 bedroom apartments with spectacular views of Marina and City Center.

Shams District:

The Shams district is gaining popularity for its amazing developments. Located on investment zone of the Island it has quick access from the city centre. This community is home to the iconic Gate Towers which has the world's highest penthouse bridge structure connecting three towers close to each other. The structure includes 21 penthouses with own swimming pools and gardens. Residents of Shams District can enjoy superior facilities offered by the master community.

City of lights:

City of lights is a vibrant mixed purpose community featuring residential and office buildings, hotels and a Marina, other amenities include parks, cafes and restaurants along shaded promenades creating an enticing experience. City of lights is al set to become the region’s most sought after destination for businesses and families and the most desirable address.

Developer Supply and Demand

Everything from sales of electronic gadgets, to cars and houses is ruled by the age old relationship of supply and demand. As supply increases it can tend to have a negative effect on demand because people will have more options and therefore a better chance of negotiating. According to Forbes, Dubai was recently voted in the top ten most influential cities in the world after cities like London, New York, Paris and Hong Kong. It is important therefore, that we in the real estate industry strive to meet and exceed the highest standards in the world in cooperation with Dubai Land Department

Previously Dubai was a city which was developing from zero and the rest of the world was not aware of what it was like to actually live here. With the strides Dubai has made, it is at the forefront of many people’s minds as the desirable destination to be. But this hasn’t come easy. It has taken years of structuring, building and maintaining different sectors of Dubai including property. As well as the countless sky rises, hotel resorts, shopping malls, Dubai has had to ensure it maintains its culture and identity whilst never failing to amaze the world with every new development.

With constant expectation of the property sector, to each time surpass the last achievement, it can be very easy to keep building bigger and better towers but forget to analyze whether it is the right time to bring new supply into the market. If you oversupply the market with units at a time when the demand is not as high, you run risk of putting units into a diluted market with less chance of getting sold.

At the beginning of the year developers were releasing developments at a very high rate. such as each week a new building would come into the market. One example of this was a major developer promising to bring 52 new buildings into the market in 2014. In the current market this would have been detrimental to demand for both new and existing developments. We would possibly have seen a major adjustment in prices and therefore units would have remained unsold.

Fortunately developers have been adapting to the market conditions and adjusted to ensure that price and inventory increase at a healthy rate. The market is always open to versatile qualitative developers with a more complete community view to their development plans.  An example of this is Meraas’s “The Beach” development in JBR and “City Walk” which holds promise of new caliber of developments.

 The government is finalizing plans for more environmentally friendly options such as solar panels on residential building, which could feed power back into the grid. Demand is shifting to a different type of property. Therefore developers who are one step ahead are moving ahead of the market by releasing sustainable projects such as Diamond Developer’s “Sustainable City.”

With Cityscape just around the corner it is looking very promising for the general outlook of Dubai’s Property market. New developments will be showcased and to some extent redefine Dubai’s identity and solidify its position as a world hub and gateway to everywhere. We are confident the demand in Dubai will grow at a steady rate while at the same time entertaining the world with its astonishing diversity and life enhancing city planning.

Source: Safura Abbas

Safura Abbas is General Manager, Aston Pearl Real Estate

Dubai Marina Mall, a perfect mix of retail and leisure

Dubai is recognized as a shopping destination and the city has massive shopping malls that have endless stores and take an entire day to go from one end of the mall to another. Dubai Mall which is so far the largest in the world. The Ibn- Battuta mall which is a humongous development and many other malls keep bustling every week of the day and over the weekends. Dubai Marina Mall is one of Dubai's prominent shopping destinations and is preferred by inhabitants living in nearby areas.

The Dubai Marina Mall offers some of the best brands in retail, al fresco waterfront dining and entertainment. The Dubai Marina Mall is located in the heart of Dubai Marina having a total area of 390,000 square feet featuring shops, restaurants, cafes and a hotel. Dubai Marina Mall has access through a tunnel past exit 32 on Sheikh Zayed Road and from the Dubai Metro, the Mall has 2000 parking spaces on 4 levels making it a convenient option to shop over weekends when it’s usually difficult to get a parking space in shopping malls. The Mall offers visitors and residents of Dubai Marina a convenient option to shop at some of the leading brands in fashion, jewelry and accessories. The Mall offers entertainment options like the six screen Reel Cinemas, SEGA republic game zone for kids and a big food court having the best of fast food.

The Dubai Marina Mall reflects the true spirit of Dubai Marina, the largest waterfront community which serves as a model for similar projects across the region.  Dubai Marina is a meticulously planned waterfront development offering the best of residential, commercial and hospitality projects.

Dubai's top locations for buying property

Dubai's Real Estate market has significantly recovered and property prices have grown since 2013, even in 2014 the price is up by 20%, as per property market experts. While Dubai Marina and Palm Jumeirah are at the top of the buyers list, there are other areas that are gaining popularity.

Most popular areas in Dubai for buying property:

Dubai Marina: This vibrant waterfront community has topped the list for last 2 years. Dubai Marina's free spirited atmosphere, luxurious apartments and the world's largest marina and the world class facilities make it the first choice among expatriates. 

Palm Jumeirah: This true marvel of engineering has been able to retain its place as a preferred destination for home buyers and investors. This man-made Island has been in the spotlight globally for its uniqueness and the luxury it offers to its residents.

Downtown Dubai: Has been a favorite for home buyers and investors and continues to be among the top locations in Dubai. Downtown Dubai is considered to be the most visited destination for its world class assets like the world's tallest building, the Dubai Mall, Dubai fountain and the vibrancy this "new heart of the city" has to offer.

Jumeirah lake Towers: Continues to hold its spot as a preferred area to buy for people who prefer its strategic location and proximity to other important areas in Dubai. Jumeirah lake towers has superior connectivity with Dubai Metro.

Dubailand: Has slowly been able to step the ladder of popularity and has become an area to consider for buyers who are not looking at elite facilities. Home to the famous Global Village, Miracle Garden Dubailand is expected to become a regional and international tourism hub in the coming years.

Jumeirah Village Circle: This development has gained popularity among those who want to live in a community which offers generous living spaces at an affordable budget. The area still under development enjoys a strategic location and is well connected with other important areas of Dubai.

Arabian Ranches: Dubai's most popular villa community offering Arabic, Spanish, Portuguese and Moroccan styled villas, this quiet and peaceful community is well connected with the city and residents enjoy the modern lifestyle of this Desert paradise.

Dubai Sports City: The affordable community is fast becoming popular for the price difference when compared to other hot spots. Dubai sports city has a lot to offer to live a good life. Conceptualized as a city within a city, this project is envisioned to become the world's premier sporting destination. Dubai sports city also offers schools, medical facilities, hotels and community centers.

Jumeirah Beach Residence: While the apartment prices are still less than Palm Jumeirah and Downtown Dubai, JBR has all the charm to attract buyers and investors. This prime waterfront community offers up market apartments with spectacular views of the sea. JBR is home to the walk , Dubai's most happening outdoor destination offering exclusive shopping, dining and entertainment options. 

Business Bay: is rapidly gaining momentum to become the Business Hub of the Middle East, with most of the projects now completed Business Bay is all set to compete with New York's Manhattan and Ginza district of Tokyo.