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Meydan offers climate-controlled coastal living at Marsa Meydan

Meydan is promising fresh, cool air all-year-round at Marsa Meydan, its new project unveiled at last week’s Cityscape exhibition.

Jebel Ali is the site of this new coastal development, which will include waterfront villas with their very own spots for mooring boats. At the heart of the planned development is a climate-controlled marina, where you’ll apparently be able to sit outside comfortably all year round.

The lifestyle on offer is unparalleled; it will appeal to a wide spectrum of the UAE population with a conscious price positioning,” said Saeed Humaid Al Tayer, chairman and CEO of Meydan City Corporation, the project’s developer.

Innovation sits at the core of the project as we embrace new technologies which allow us to enjoy fresh cool air at any time of year, shading the marina and boardwalk.”

Marsa Meydan is modelled on Newport Beach in Orange County, Los Angeles.

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Deyaar launches residential project at Dubai Science Park

Deyaar has announced plans for a new 18-storey residential project in Dubai.

Bella Rose will be located in Dubai Science Park in Al Barsha South and will feature studio, one and two-bedroom apartments. The building will include a pool, gym, sports facilities and outdoor leisure areas

Early bird’ prices start at AED 449,777 and Deyaar will cover your 4% Dubai Land Department fees.

It costs AED 10,000 to reserve a unit at Bella Rose and there are several payment plans to choose from, including one that lets you pay up to 50% of the price post handover.

Gems World Academy is around five minutes away from the project site, according to the developer, and it will take residents 12 minutes to get to Mall of the Emirates by car.

 

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Nakheel breaks ground on Dragon Towers development

Nakheel this week broke ground on Dragon Towers, its AED 713 million twin-building residential project at the rapidly-expanding Dragon City mixed-use community.

The ground-breaking ceremony comes a month after the developer awarded a contract for AED 552 million to UAE-based Ali Mousa & Sons Contracting to build the project – the first residential component at Dragon City and the only high-rise in the area. It is due for completion in 2021.

Dragon Towers, which went on sale last month with prices starting at AED449,000, is connected by a covered bridge to the Dragon Mart souq and its 5,000 shops, restaurants and attractions.

The project comprises two 37-storey buildings, each with 571 one- and two-bedroom apartments. There are also two floors of retail space, four parking levels and a sixth-floor podium level clubhouse with a 25-metre swimming pool, children’s pool, restaurant, gym and tennis court.

Dragon Towers is a key component of Dragon City, which currently comprises sister malls Dragon Mart 1 and 2 and an ibis Styles hotel. A new showroom and car park complex and a Premier Inn hotel are in advanced stages of construction, with further expansions in the pipeline.

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Lootah Real Estate breaks ground on The Edge

Lootah Real Estate Development has broken ground on The Edge, a low rise development in Dubai Investment Park.

Set for delivery in Q1 2020, The Edge will be a G+5+Rooftop residential building, made up of 103 units comprising studio, one-bedroom and two-bedroom apartments.

Located in the Ewan Residences development, in the heart of Dubai Investment Park, the area will feature amenities such as landscaped gardens, a recreation centre, swimming pools, jogging tracks, a shopping centre and play areas for children.

Saleh Abdullah Lootah, Executive Director of Lootah Real Estate Development said: “We are pleased to officially begin construction of ‘The Edge’ residential building, our latest addition to the safe family friendly Ewan community. As one of the leaders in innovation in the real estate development sector, we stay true to our promise by providing our clients premium quality and affordability on all our projects along whilst keeping on top of the latest development trends.

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Nakheel Is Set To Launch Dragon Towers At Dragon City

Nakheel will officially launch Dragon Towers, a new twin-tower development at Dragon City, on Sunday 30 September.

Dragon Towers will feature 37 floors made up of one and two bedroom apartments. Each tower will house 571 apartments, each with its own parking space. The development is linked directly to Dragon Mart, a major retail hub for Chinese companies.

Two floors of Dragon Towers will feature a variety of retail outlets catering to residents’ every day needs and there will be a clubhouse at podium level with a gym, 25-metre pool and poolside restaurant.

Dragon City is located on Hatta/Oman road, around four minutes from Sheikh Mohammed Bin Zayed Road, five minutes from Dubai Safari Park and 15 minutes from Dubai International Airport.

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Emaar Shoots Down Reports Property Buyers Will Get 10-Year Visas

There was excitement in the air early last week when reports surfaced that Emaar will start giving 10-year residence visas to buyers of its properties.

The UAE developer has now moved to stop those rumours in their tracks.

In a statement released to UAE daily Gulf News, the developer said: “Emaar refutes the report by a section of the media that it will provide 10-year visas to investors.”

“The issuance of visas falls under the purview of the concerned authorities and Emaar does not have any role regarding the same.

“This is to clarify any misunderstanding that might have been created by the said reports.”

According to Gulf News, the rumours started with a report in an Arabic language newspaper and the visa would have applied only to certain developments, including Dubai Creek Harbour, Arabian Ranches 2 and Emaar Beachfront.

Dubai has been shaking up its visa rules in recent months, which may have given rise to these latest rumours.

In May, it was reported that 10-year residence visas will be given to people with skills in the medical, scientific, research and technical fields.

Five-year residency visas will be granted to overseas students studying in the UAE, with 10-year visas granted to exceptional students.

At the start of last week, a new five-year retiree visa was announced. Eligibility for the visa depends on age and the value of your income and assets. You can get the visa if you’re above 55 and own a property in the UAE worth more than AED 2 million.

That represents a fairly small section of the UAE population, however, so most property owners will still have to go the normal route of either having a job or owning a stake in a business.

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Big And Small Home Improvements That Pay Off In Dubai

These top tips from The Big Fitout will save you time and money on your bathroom renovation in Dubai

 

If you’re considering renovations for your Dubai home, you’ll want to invest in updates that will pay off now and in the future when you’re ready to sell your house.

Depending on how much money you have to spend, you can choose to do extensive renovations, small updates, or a combination of both.

RELATED: Ready for some home improvements? Renovate your home VAT-free with The Big Fitout! Just use discount code YALLA5 on enquiry! 

Before you dive head-first into an endless home-improvement project, have a look at these top tips from The Big Fitout, a Dubai-based, British, design-and-build fitout company. The Big Fitout specialises in bathroom and kitchen renovations, and has an amazing portfolio of work on residential villas (as the pictures here show). As a result, the team really know their stuff, so it’s worth taking their advice on board before jumping in at the deep end.

 

Let’s get to it.

 

Big home improvements that are worth the investment

Add a bathroom: If possible, invest in a small bathroom addition in your home. This upgrade will always pay off. You’ll have less arguing within your family over bathroom time with an additional room. Also, the more bathrooms you have, the easier it is when guests visit. When you sell your home, an unexpected extra bath will thrill homebuyers and put your house at the top of their list.

Add a wooden deck: Most people love a fabulous outside living space. Building a wooden deck onto the back of your house will give you a great area outdoors where you can spend time. The addition will provide a fantastic entertainment space during warm seasons, a place to relax and get away, and it will also add a grand aesthetic appeal to your home. You’ll increase your and your family’s enjoyment while also increasing the value of your property.

SEE ALSO: Ready for some home improvements? Renovate your home VAT-free with The Big Fitout! Just use discount code YALLA5 on enquiry! 

Small home improvements that are worth the investment

 

Frameless shower: Nothing makes a bathroom look clean, modern, and open more than a frameless shower. If you do nothing else in your bathroom, this upgrade will pay off for you in the future. A significant amount of the day for most people involves spending time in the bathroom. Having a chic-looking bathing area will make you feel less stressed and more at ease in your space. When you sell your home, you also won’t have to worry about what type of frame finish and style a buyer might want. Without a frame, this kind of shower will appeal to everyone.

Organise closets and cabinets: Organisation is the key to keeping any home looking neat and clean. When you have organisation systems installed in your closets and some of your cabinets, you can find things a lot easier. Your items also appear tidy and fresh at all times. You can store more stuff in the same space when you have a built-in system in place. Homebuyers will marvel at any closet that contains an organization unit for clothing. Cabinet organisation in the kitchen is also a high priority for many, so it’s worth the investment to add these systems to your home.

Replace doors: The two most essential doors in your home are your front door and your garage door. These doors add to the curb appeal of your house. They also provide security for you and your family. So you want the front door and the garage door to look new and stylish while also being strong and durable. When you sell your home, homebuyers will immediately appreciate the updated entries and will feel confident about how well you’ve kept up your property.

Making smart and cost-effective improvements to your home is an essential step for any homeowner. Renovations and updates, once complete, make your property a better and more valuable place to live for you and also for anyone who might purchase your house in the future.

 

Ready for some home improvements? Renovate your home VAT-free with The Big Fitout! Just use discount code YALLA5 on enquiry! 

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New good conduct certificates will help landlords evaluate tenants

Dubai Rental Disputes Centre (RDC) has launched a Rental Good Conduct (RGC) certificate service designed to reduce disputes between tenants and landlords.

From the property owner’s perspective, it could help to identify tenants who may have had problems honouring rental cheques in the past.

The new service implements the initiatives offered by the centre to reduce rental disputes and was initiated following the monitoring of several cases where a tenant rents a unit and only pays the first installment of the agreed total cost,” said HE Judge Abdulqader Mousa, Director of RDC.

At the end of the contract, the same person rents another unit and repeats the act in other properties, exposing the leaser to severe losses. This service will assist real estate management companies in finding rental information of a person they intend to contract with and avoid such mishaps.”

You can access the service by downloading the RDC application from the Apple Store or Google Play, and choosing one of three options: inquiry on tenant, inquiry on leaser or inquiry on request status.

As well as helping property owners, the service would also alert tenants to potentially problematic landlords. Tenants can also find out if there is a complaint against them, a situation that can result in travel bans or account seizures.

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Here’s How Dubai Landlords Can Decorate For Success

These top tips from The Big Fitout will save you time and money on the renovation of your rented property in Dubai!

When you’re leasing your Dubai properties out, you want to attract the best renters at a minimal cost. And interior design plays a big part in that.

You need to appeal to what individuals and families will want in a home, but you don’t want to pay for upgrades that will cost you more money and headaches than they’re worth. To do this, you’ll need to choose trendy-looking interior design options that are also affordable.

RELATED: Ready for some home improvements? Renovate your home VAT-free with The Big Fitout! Just use discount code YALLA5 on enquiry!

Before you dive head-first into an endless home-improvement project, have a look at these top tips from The Big Fitout, a Dubai-based, British, design-and-build fitout company. The Big Fitout specialises in bathroom and kitchen renovations and has an amazing portfolio of work on residential villas (as the pictures here show). As a result, the team really know their stuff, so it’s worth taking their advice on board before jumping in at the deep end.

Let’s get to it.

Maximise Storage

Renters are always concerned about storage space. Having enough storage becomes even more of a concern with smaller rental properties. So you’ll want to do everything possible to make your interior appear like it contains sufficient storage options.

Kitchen Cabinets: You’ll want to make sure that enough storage exists in the kitchen, even when the area has limited square footage. To do this, install cabinets that go all the way up to the ceiling. This option will draw attention upward, which will make the room feel higher and the kitchen will appear more spacious. You’ll also gain a lot of extra storage space that renters will appreciate. They can store things that they need but don’t use a lot on the higher shelves, and their more used items can go on the lower shelves.

Closets: To maximise storage in closets, install closet organisers. Such a feature will immediately impress any potential renters. With an organiser, you can store a lot more clothing because you don’t waste as much space. Always utilise every inch of room available. For closets that only have one shelf, with a lot of room between that shelf and the ceiling, consider installing one or two additional shelves. Even if the top tier is only accessible with a stool, most people will still appreciate the extra storage.

Bookcases: One great way to increase storage is to install one or more floor-to-ceiling bookcases. Such units add style and space to any property. When designed with a combination of open shelving as well as closed-door cabinetry, renters can store a variety of items in the bookcases. They can display reading material and knick-knacks on the open shelves while hiding files, software, tablets, household supplies, or anything else behind the closed doors.

SEE ALSO: Ready for some home improvements? Renovate your home VAT-free with The Big Fitout! Just use discount code YALLA5 on enquiry!

Chic and Durable Products

When deciding what types of products to include in a rental property – such as flooring, countertops, and lighting fixtures – you need to choose items that look great and are also durable. You want to appeal to renters’ tastes, but you shouldn’t have to be replacing or repairing things constantly.

Flooring: An excellent option for flooring is to use vinyl planks that look like real wood. Renters will love the look of wood and will consider it an upgrade from the raw tile that’s often seen in Dubai. Plus, vinyl planks are less expensive than tile or hardwood, and they’re pretty durable. Vinyl planks are also water resistant, which is a great feature and means that they can also be installed in kitchens and bathrooms to provide a seamless look for the interior. Vinyl planks come in a variety of colors to choose from, and you can select the quality that you want. The high-quality styles are more costly, but also more durable.

Countertops: For rental properties, especially mid-range rentals, laminate countertops are a good option. They’re less expensive and easy to install. Because renters may scoff at not getting a more expensive counter, choose a high-quality laminate that resembles marble or granite for the best look. You can also opt for ceramic tiles, which are easily replaceable when damaged. Choose a dark grout to hide dirt and stains, because light-colored grout is almost impossible to keep clean.

Lighting Fixtures: When choosing lights for your rental property, choose fixtures that are flush mounted to the ceiling where you can. This type of design is more durable, which means that it’s less likely to break and need replacing. In the dining area, you’ll want a chandelier or pendant lighting. Stay away from crystal or anything with dangles, which can be ripped off. Opt for something in wrought iron for a traditional look or a sleek-looking chrome fixture for a modern look.

Neutral Colours

Because you’ll want to appeal to the most substantial number of renters, you’ll want to stay with neutral paint, cabinet, and countertop colours. Renters are then free to add their favourite colours with furnishings and other decor items.

White: The safest and least expensive choice is always white. This colour fits in with any decor style, so it should appeal to everyone. Various shades of white exist, so you can choose one that has a creamy tone, something ultra bright, or even opt for an antique white. Use it on the walls, for your bathroom and kitchen cabinetry, and as the base colour for your countertops.

Beige: If you want to include something with a bit of colour, beige is an excellent choice. Beige tones will blend in well with vinyl plank flooring. Beige-toned cabinetry will add warmth to your kitchen and bathrooms. A mixture of beige tones will also look lovely for your countertops. Or, mix white and beige tones for a chic look. Stay with white walls and create a beige accent wall in the bedroom or living room. Also, white cabinets matched with beige countertops are a trendy-looking choice that renters will love.

Grey: Light and medium grey tones are a popular choice nowadays for renters. Consider very light grey for the walls and a darker grey for your countertops. You can even select vinyl planks with a grey tone for your flooring. Medium grey paint looks marvellous on an accent wall, such as in the dining area. White and grey paired together also produce a fabulous look such as light grey wall paint, white kitchen cabinets, and laminate counters that resemble marble in white with grey veining.

You can create a beautiful interior for your rental property without spending an excessive amount of money. By combining trendy looks with affordable materials, you’ll attract the best renters that will result in an excellent return for all of your efforts.

Ready for some home improvements? Renovate your home VAT-free with The Big Fitout! Just use discount code YALLA5 on enquiry!

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Rental rates stronger than sales values in Dubai in Q3

Now may be a good time to invest if you want to buy a property in Dubai and let it out.

According to Chestertons’ Q3 2018 Observer, average apartment and villa prices were down 6% from the previous quarter. Average rents declined at a lower rate, down 4% in Q3 compared with Q2.

The decline in values is a consequence of additional supply coming to the market, giving buyers and tenants more choice. Around 10,000 units are expected to be delivered before the end of the year and 70,000 units before Expo 2020. This pipeline of new supply should help to keep sales and rental rates under control.

The headline figures do, of course, disguise disparities between areas.

In terms of sales values, apartments in areas such as Dubai Silicon Oasis and Dubailand remained resilient, with only a 2% decline in price since the previous quarter. The highest declines have been seen in Dubai Marina at 10% and Discovery Gardens at 13%.

Villas in The Lakes and Palm Jumeirah witnessed the lowest price declines of all areas at 4% and 5% respectively. The biggest declines of 8% were witnessed in Arabian Ranches and Jumeirah Park.

If you are looking to buy, developers are trying to make it attractive, Chestertons notes, “with buyers enticed by attractive incentives including 5-year post-handover payment plans, rebates of registration fees and guaranteed rental returns amongst others”.

The biggest declines in apartment rental rates were seen in Discovery Gardens and DIFC at 7% and 6% respectively. If you own in established communities like Dubai Motor City, The Greens and Dubai Silicon Oasis, you’ll have seen smaller declines in rental values of 2-3%.

In the villa market, the biggest rental declines were seen in Al Furjan at 6% with Palm Jumeriah and Jumeirah Islands at 5%.