#2 bedroom apartments for sale in reem island

[truedar]

2 bedroom apartments for sale in reem island

If you are looking for a stunning combination of elegance, comfort, and a calm living atmosphere, Reem Island is for you. In this article, you will discover why 2 bedroom apartments for sale in Reem Island are ideal for families, working people, and investors.

[truedar-ae]

Modern Flat for Rent in Reem Island Abu Dhabi – Explore with TrueDar

Searching for a flat for Rent in Reem Island Abu Dhabi? TrueDar offers a selection of modern flats available for rent in one of Abu Dhabi’s most sought-after neighborhoods. With stylish designs, great amenities, and easy access to transportation, you’ll love living in Reem Island. Get in touch now to view available flats!

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What Are the Steps to Buying a Studio or 1-Bedroom for Sale in Abu Dhabi?

Investing in real estate is a significant decision, particularly in a vibrant market like Abu Dhabi. With a variety of options, including studios and 1-bedroom apartments, potential buyers must navigate several essential steps to ensure a smooth purchase process. This article outlines the key steps involved in buying a studio or 1-bedroom for sale in Abu Dhabi, while also touching on the broader market context that includes 2-bedroom options for sale.

Understanding the Abu Dhabi Real Estate Market

Market Overview

Abu Dhabi has emerged as a prominent real estate market in the UAE, offering a range of properties that cater to various lifestyles and budgets. The demand for studios and 1-bedroom apartments has surged, especially among young professionals and expatriates. Investors and buyers are attracted to the city due to its robust economy, rich cultural heritage, and modern amenities.

Types of Properties

When considering a purchase, it’s essential to understand the differences between the available property types:

Studios: Typically compact, studios combine living and sleeping spaces into a single room with a separate bathroom. They are ideal for individuals or couples looking for affordability and convenience.

1-Bedroom Apartments: Slightly larger than studios, these units offer a separate bedroom, making them suitable for small families or those desiring more space.

2-Bedroom Apartments: While not the focus of this article, 2-bedroom units provide more space for families or those looking to share.

Steps to Buying a Studio or 1-Bedroom for Sale in Abu Dhabi

Step 1: Determine Your Budget

The first step in purchasing a property is to establish a budget. This involves considering:

Down Payment: In Abu Dhabi, the typical down payment ranges from 20% to 30% of the property price for expatriates and can be lower for UAE nationals.

Additional Costs: Factor in other expenses such as registration fees, maintenance fees, and potential renovations.

Financing Options: Explore mortgage options available to both expatriates and UAE citizens. Several banks offer financing solutions tailored for property purchases.

Step 2: Identify Your Needs

Before diving into property listings, take time to identify your needs:

Size and Layout: Decide if a studio for sale or a 1-bedroom suits your lifestyle better. Consider factors like workspace, storage, and comfort.

Location: Abu Dhabi offers diverse neighborhoods. Popular areas include Al Reem Island, Yas Island, and the Corniche. Research the amenities, schools, and transportation links in each area.

Facilities and Amenities: Determine which amenities are important to you, such as swimming pools, gyms, and proximity to shopping centers.

Step 3: Research the Market

Once you have a clear understanding of your budget and needs, start researching the market:

Property Listings: Use online platforms, real estate websites, and local classifieds to browse listings. Pay attention to keywords like “studio for sale,” “1 bedroom for sale,” and “2 bedrooms for sale” to find properties that meet your criteria.

Visit Open Houses: Attending open houses provides a firsthand look at properties and allows you to get a feel for the neighborhood.

Step 4: Engage a Real Estate Agent

While it's possible to navigate the market independently, hiring a qualified real estate agent can streamline the process.

Expertise: An agent familiar with the Abu Dhabi market can provide valuable insights and guide you toward properties that match your needs.

Negotiation Skills: Real estate agents are experienced negotiators and can help you secure a better deal.

Documentation: They can assist in navigating the complex paperwork involved in property purchases.

Step 5: Shortlist Properties

With the help of your agent, begin shortlisting properties that meet your criteria. Consider:

Condition of the Property: Look for any required repairs or renovations and factor these into your budget.

Future Development: Investigate any planned developments in the area that could affect property value.

Step 6: View Properties

Once you have a shortlist, arrange viewings. This is a crucial step in assessing whether a property meets your expectations.

Inspect Thoroughly: Check the condition of appliances, plumbing, and electrical systems. Don’t hesitate to ask questions about the property’s history and maintenance.

Neighborhood Assessment: Spend time in the area to understand the environment, amenities, and community vibe.

Step 7: Make an Offer

If you find a studio or 1-bedroom you wish to purchase, it’s time to make an offer.

Consult Your Agent: Work with your real estate agent to determine a fair offer based on market conditions and the property’s value.

Offer Letter: Your agent will prepare an offer letter, which includes your proposed price and any contingencies, such as a home inspection or financing.

Step 8: Negotiation

Once your offer is submitted, the seller may respond with a counteroffer. This is where negotiation skills come into play.

Be Prepared to Compromise: While you may have a specific price in mind, flexibility can lead to a successful agreement.

Secure Agreement: Once both parties agree on terms, a sales agreement will be drafted.

Step 9: Conduct Due Diligence

Before finalizing the purchase, conduct due diligence to ensure everything is in order.

Title Deed Verification: Confirm that the seller has a clear title to the property.

Service Charges: Investigate any outstanding service charges or community fees associated with the property.

Home Inspection: Consider hiring a professional inspector to assess the property’s condition thoroughly.

Step 10: Finalize Financing

If you’re securing a mortgage, finalize your financing arrangements at this stage.

Submit Required Documentation: Lenders will require various documents, including proof of income, credit history, and identification.

Loan Approval: Ensure your loan is approved before proceeding to the next step.

Step 11: Signing the Contract

Once due diligence is complete and financing is in place, it’s time to sign the sales contract.

Legal Review: It’s advisable to have a lawyer review the contract to ensure all terms are clear and fair.

Deposit Payment: Typically, you’ll need to pay a deposit at this stage, usually around 10% of the purchase price.

Step 12: Registration of the Property

After signing the contract and making your deposit, the property must be registered with the relevant authorities.

Department of Municipalities and Transport: In Abu Dhabi, this department handles property registration.

Final Payment: The remaining amount is usually paid at this time, along with any registration fees.

Step 13: Handover Process

Once the property is registered, you’ll go through the handover process.

Inspection: Conduct a final inspection of the property to ensure it’s in the agreed condition.

Receive Keys: Upon successful inspection, you’ll receive the keys to your new home.

Step 14: Moving In

Congratulations! After completing all the necessary steps, it’s time to move in.

Utilities and Services: Arrange for utilities such as electricity, water, and internet services to be connected.

Home Setup: Start planning your interior design and furnishing your new studio or 1-bedroom apartment to make it feel like home.

Conclusion

Buying a studio or 1-bedroom for sale in Abu Dhabi can be a rewarding venture, provided you follow the right steps. From determining your budget and researching the market to negotiating the sale and finalizing your purchase, each step is crucial to ensuring a successful transaction.

With a strong real estate market and various options available, including studios, 1-bedroom, and 2-bedroom for sale, Abu Dhabi offers an exciting opportunity for both investors and homebuyers. By following this guide and engaging with knowledgeable professionals, you can navigate the complexities of buying a property in this dynamic city, turning your dream of homeownership into a reality.

[emmarozz]

How Much Does It Cost To Buy An Apartment In Abu Dhabi?

Want to buy Cheap Apartments For Sale In Abu Dhabi? Here are the good options for you. Abu Dhabi, the capital of the United Arab Emirates (UAE), is a thriving metropolis known for its modern infrastructure, cultural attractions, and economic opportunities. Whether you're considering a move to Abu Dhabi for work, lifestyle, or investment purposes, understanding the cost of buying an apartment in the city is crucial. This article provides an in-depth look at the factors that influence property prices in Abu Dhabi and offers insights into the typical costs associated with purchasing an apartment.

Key Factors Influencing Apartment Prices

1. Location

Abu Dhabi is a diverse city with neighborhoods catering to various lifestyles and preferences. The cost of an apartment can vary significantly depending on the location. Here are some of the key areas and their respective price ranges:

Downtown Abu Dhabi: This is the heart of the city and home to many government offices, businesses, and cultural landmarks. Apartment prices here tend to be on the higher side, with luxury developments offering stunning views of the waterfront.

Al Reem Island: Located just off the coast of Abu Dhabi, Al Reem Island is a popular residential area with a mix of apartments, from budget-friendly options to high-end luxury properties.

Saadiyat Island: Known for its cultural attractions, Saadiyat Island offers upscale living and beachfront apartments. Prices can be steep, but the lifestyle and amenities are top-notch.

Al Raha Beach: This waterfront development offers a range of apartment options, catering to various budgets. The area's proximity to the airport and Yas Island makes it attractive for many.

Khalifa City: Located a bit farther from the city center, Khalifa City is a family-friendly neighborhood with a range of affordable apartment options.

Al Reef: This master-planned community on the outskirts of Abu Dhabi is known for its affordable housing options, making it popular among families and budget-conscious buyers.

2. Property Type and Size

The type and size of the apartment you're interested in will also significantly impact the cost. Abu Dhabi offers a wide variety of apartment types, including studios, one-bedroom, two-bedroom, and larger units. The size and layout of the apartment, as well as its finishing and fixtures, will influence its price.

Studio Apartments: These are the most affordable option and are typically favored by single professionals or couples. Prices can range from AED 350,000 to AED 800,000 or more, depending on the location and quality of the building.

One-Bedroom Apartments: One-bedroom apartments are popular among young professionals and couples. Prices vary from AED 550,000 to AED 1.5 million, with upscale areas like Saadiyat Island at the higher end of the range.

Two-Bedroom Apartments: These are ideal for small families or individuals seeking extra space. Prices can start at AED 900,000 and go up to AED 2.5 million or more for luxury units.

Three-Bedroom and Larger Apartments: For larger families or those who value spacious living, three-bedroom apartments and larger units are available. Prices can range from AED 1.5 million to several million dirhams.

New vs. Resale Apartments

Abu Dhabi's real estate market offers both new and resale apartments. New developments often come with modern amenities, the latest designs, and potentially higher prices. Resale apartments may offer more value for money, especially in established neighborhoods, but may require some renovation or updating.

3. Developer and Quality

The reputation of the developer and the quality of the building play a significant role in determining apartment prices. Developers with a strong track record of delivering high-quality projects often command higher prices. Luxury developments with top-notch facilities, such as gyms, swimming pools, and concierge services, also come at a premium.

4. Financing and Mortgage Rates

If you're not purchasing the apartment outright with cash, you'll need to consider financing options. Mortgage rates in the UAE can vary depending on the lender, your financial profile, and the type of apartment you're buying. It's essential to shop around for the best mortgage rates and terms to ensure you're getting a favorable deal.

5. Additional Costs and Fees

When buying an apartment in Abu Dhabi, you'll encounter various additional costs and fees, including:

Real Estate Agent Commission: Buyers usually don't pay agent commissions; these are typically covered by the seller. However, it's important to clarify this with the seller or their agent.

Transfer Fees: The buyer is responsible for paying the transfer fees, which are typically 2% of the property's purchase price.

Mortgage Registration Fee: If you're taking out a mortgage, there may be a mortgage registration fee, typically around 0.25% of the loan amount.

Maintenance Fees: Apartment buildings often have maintenance fees to cover common area upkeep and services. These fees vary depending on the building and can range from a few thousand dirhams to more substantial amounts.

Home Insurance: While not mandatory, it's advisable to have home insurance to protect your investment. The cost will depend on the coverage and value of your property.

Legal Fees: You may need to hire a legal advisor to assist with the property purchase process. Legal fees can vary but are typically a small percentage of the property price.

Moving and Utility Connection Costs: Don't forget to budget for the costs associated with moving into your new apartment and connecting utilities like water, electricity, and internet.

Conclusion

The cost of buying an apartment in Abu Dhabi can vary widely depending on factors such as location, property type, developer, and additional fees. Before making your purchase, it's crucial to conduct thorough research, establish your budget, and consider your long-term financial goals. Working with a trusted real estate agent or consultant can also help you navigate the complex property market in Abu Dhabi and make an informed decision that aligns with your needs and preferences. Abu Dhabi offers a range of options to cater to various budgets, making it possible for individuals and families to find their ideal home in this vibrant and dynamic city. Additionally, when considering the cost of buying an apartment in Abu Dhabi, it's important to keep the following points in mind:

In conclusion, the cost of buying an apartment in Abu Dhabi is influenced by a multitude of factors, including location, property type, developer, market conditions, and additional fees. While property prices in the UAE's capital can be relatively high, there are a wide variety of options available to suit different budgets and preferences. Find Top Real Estate Companies In UAE and Buy Apartment In UAE at a decent price. To make a well-informed decision and navigate the complexities of the Abu Dhabi real estate market successfully, it's crucial to conduct thorough research, seek professional advice, and carefully assess your financial capabilities and long-term goals. Ultimately, investing in an apartment in Abu Dhabi can offer both a comfortable living space and a valuable asset in one of the region's most dynamic and vibrant cities

[farukhislam]

THE WEEK'S NEIGHBORHOOD: JUMEIRAH DUBAI

The favorite destination for visitors, Jumeirah Dubai, is home to world-class neighborhoods that are known to give residents a luxurious lifestyle. The majority of these neighbourhoods is self-contained and has a variety of amenities and services for residents.

In this week's neighborhood of the week, we have picked "Jumeirah". "It is regarded as the" Beverly Hills of the Middle East "as one of the top residential communities in Dubai. And this title is completely justified by the glitz and glamour of this culture.

Jumeirah-A short intro

Located along the coast of Dubai, Jumeirah is a residential waterfront area that provides residents with mesmerizing views of the Arabian Sea. As a Jumeirah resident, along with numerous conveniences, you will enjoy an upscale and exuberant lifestyle. Downtown Dubai, Dubai Marina, Internet City and Dubai Media City are some famous communities positioned near this area.

For the numerous properties it nestles, Jumeirah is not only renowned for the vibrant aura it exudes, but it has also become an integral part of Real Estate Developers in Dubai success. There are abundant options for them for those searching for residential properties for sale in Jumeirah. Interested buyers can pick any form of living space that fits their tastes and suits their budget, from ultra-luxury villas to apartments and townhouses. Most of these dwellings come with open green spaces such as the backyard and front yard, and swimming pool, particularly villas and townhouses.

Despite being a popular tourist attraction, though offering a peaceful environment, it offers a private lifestyle. Jumeirah residents have easy access to schools, shopping malls, grocery stores, pharmacies, and centers for health care, gyms, and recreational venues. It's a perfect place to live for beach lovers as it provides them with easy access to Jumeirah Beach, the favorite of all.

As villas and townhouses have their own parking space, there's no parking problem in Jumeirah. Residential buildings, too, have ample resident parking space. In paid street parking zones, visitors can park their vehicles.

Jumeirah Dubai Sub-Communities

The Dubai region of Jumeirah is divided into various sub-communities. They are:

 —Jumeirah 1

This sub-community is renowned for apartments and studios. Other than that, villas in Jumeirah 1 are open. Also close by are prominent landmarks such as Dubai Zoo, Jumeirah Public Beach, and Jumeirah Mosque.

Jumeirah 2--

Jumeirah 2 is home to luxury villas that are available in various styles of architecture. This sub-community provides Jumeirah Bay Island and Box park Urban Mall with easy access for residents.

 -Jumeirah 3

For those looking to purchase villas in Jumeirah 3, it is another common option. As they are situated in close proximity, residents can visit Sunset Mall and Kite Beach without any hassle.

Town Walk

This sub-community, founded by Meeras, is referred to as Jumeirah's new urban retail hub. At City Stroll, you can find ultra-luxury apartments laced with state-of-the-art facilities and amenities.

 Islands of Jumeirah Bay

The Jumeirah Bay Islands, a recent addition to the Jumeirah sub-communities, occupy an area of over 6 million sq. Just ft. It features six residential buildings with a total of 173 apartments facing the area. Other than that, 15 private mansions are also situated in this sub-community. Meeras is also the creator of the Jumeirah Bay Islands. In Dubai, it is ranked among the most expensive areas to purchase land.

Jumeirah Dubai Facilities Nearby

Hotels & Resorts

You can find ample hotels and resorts in and around the city, as Jumeirah is a popular tourist destination. Some of those that are famous are:

Dubai Bulgari Resort

Dubai Four Seasons Resort

Oriental Jumeirah Mandarin

Jumeirah Madinat

From Burj Al Arab

Boutique Hotel of Park Regis

Resort Roda Beach

Supermarkets and Shops

The region contains many supermarkets and convenience stores, making it easy for residents to shop for their necessities. Its branches in and around Jumeirah have common brands such as Waitrose, Spinneys, and Carrefour.

 Other than that, they should go to Organic Foods and Care for hormone-free and gluten-free products along with freshly produced items for those who choose organic and veg choices. It is situated in the Mall of The Village.

Facilities for Transportation

For those who choose to take the subway for commuting purposes, on Sheikh Zayed Lane, near Jumeirah, they may explore various options. These include Noor Bank station, Burj Khalifa station, Financial Centre Station, and Business Bay Station. It is possible to hit most of these stations within 5 to 10 minutes. You can take a bus to the desired metro station if you do not have your own vehicle. The region has different bus routes linking it to these stations. Hilton Beach Club, Majlis Al Ghoreifa, and Rashid Al Hadees Masjid are some of the bus stations situated in this city.

-Institutes of Education

It is ideal for families because of the availability of renowned educational institutions. The Jumeirah Baccalaureate School is located in Jumeirah 1, one of the most famous schools in the city and a "very strong" certificate holder from the "Information and Human Development Authority"

 Other prominent educational institutions in the neighborhood and around it are:

Private Al Shurooq School

International School at Raffles

English School at Horizon

Jumeirah High School GEMS

There's no university in Jumeirah, but in Education Village, which is located only 20 minutes from Jumeirah, you can find several of them. The University of Wollongong Dubai, Middlesex University and the American University of Dubai are some reputed universities among them.

Facilities for health services

Within Jumeirah, many top-notch health and aesthetic facilities can be found. There are some of these:

 Hospital for Medicare

Hospital Emirates

Hospital Neuro Spinal

Centre for Pediatric Specialty Medicare

The British Lasik Centre for Cosmetic Surgery and

Clinic of Aesthetica

Cosmetic Skin & Laser Core Derma line

Such health care and aesthetic facilities boast state-of-the-art equipment for diagnosis and treatment. In addition, in these centres, you can also find expert and seasoned practitioners.

 In Jumeirah Shopping Malls

It's no surprise that one of the famous neighborhoods in the city won't feature them, as Dubai is known as the haven for shopping centres. Within the radius of this city, you will find ample shopping centres. Near Jumeirah, some popular shopping centres are also located.

 In and around Jumeirah, some of the famous shopping malls are:

Mercato Shopping Mall: It was designed by a renowned Italian architect, Danielle Morelli. There are 140 service outlets and shops in Mercato Shopping Mall and it is considered among the city's top 10 malls.

Jumeirah Plaza: It's not the largest of the malls, but a visit is always worthwhile. Specifically, Jumeirah Plaza is your go-to place if you want to shop in a peaceful and crowd-free place. Sunset Mall: Featuring high-end stores and various dining options, it is located in Jumeirah 3.

The Dubai Mall: Definitely, no introduction is required. It has everything, right from eating options to retail stores and entertainment venues. It can be accessed from Jumeirah in just 12 minutes.

Cafes and Restaurants

Jumeirah is no less than a paradise for food-lovers. A selection of restaurants and cafes offering a multicultural culinary experience are located here. You will find them all in Jumeirah, whether you are fond of Arab cuisine or like eating Indian fare. High-end eateries are also nestled in the popular shopping malls, hotels, and restaurants in Jumeirah.

These are some of Jumeirah’s popular restaurants and cafes:

Al Bawadi Reem

About Nusr-Et

Restaurant Sammach

COYA Peruvian establishment

To Scalini

Seafood Shop 2

Gourmet Omnia

Café One

Sea Fu The Sea

Japanese Restaurant Itadaki

Village of Turk

Fridays for TGI

Seafood Restaurant Sardina

 You can also head to Costa Cafe, McDonald's drive-thru or Starbucks if you're up for a fast grab.

 Jumeirah Worship Centres

Jumeirah creates worship centres for Muslims, Hindus and Christians to appeal to the diverse communities belonging to various faiths. Among them, not only in the region, but throughout the city, Jumeirah Mosque is the most famous. It is the oldest mosque in Dubai.

In Jumeirah and its close proximity, other religious centres are:

Baptist Church of the Emirates

Buddhist Temple of Mahamevnawa

Temple Gurdwara

 The Beaches

Jumeirah residents have convenient beach access as it is nestled along the coast of Dubai. Among them, some popular beaches are:

 Playa Jumeirah

Beach at Sunset (Umm Suqeim Beach)

La Mer (A residential development on the beachfront)

Beach Kite

 The beaches are surrounded by hotels and restaurants in Jumeirah. In addition, they also have a range of visitor events lined up.

 Jumeirah Residential Properties

 In Jumeirah, residential properties include flats, villas, townhouses and penthouses. If you are searching for smaller living rooms, you will find studios as well. These units are sold in various configurations. For instance, you can choose from 1, 2, or 3-bedroom options if you are looking for Jumeirah area Dubai Apartments for Sale Cheaps. Similarly, villas, penthouses and townhouses also have different numbers of rooms.

It is important to note that in this city; most residential buildings are typically low-rise. You will not, therefore, be able to enjoy the striking views of the Dubai skyline. Still, this particular shortcoming is compensated for by the rest of the features.

[alzaeemcommercialbroker]

Iconic Projects in the Real Estate Market for 2022

With the onset of the Coronavirus pandemic, much of the world seemed frozen in time. However, in the UAE, the landscape continues to change as new developments realize.

In particular, the real estate sector recovered in record time, returning to its previous position as the most successful investment sector and the mainstay of the country’s economy. Skyscrapers under construction are getting taller.

Below is a list of upcoming and recently launched projects:

Reem Mall:

An integrated smart shopping center powered by digital technology that is what will make Reem mall an icon in the mall world. A total of 450 stores, including 100 food and beverage establishments, will occupy the mall’s 2 million square feet of retail, leisure, dining, and entertainment space. It will be the beating heart of an entirely new destination on Reem Island.

Louvre Abu Dhabi Residences:

With views of museums and the Arabian Gulf located within Saadiyat Grove, the development should be delivered by 2025. Studio, one, two, and three-bedroom apartments, plus five penthouses, will be available for sale. Each apartment will be equipped with fixtures and built-in appliances.

Read More: https://www.azcb.co/news/iconic-projects-in-the-real-estate-market-for-2022/

[global99ae-blog]

How to calculate the mortgage for a property for sale in abu dhabi

Abu dhabi constitutes of different sectors like mussafah, icad, khalidiya,al reem island, saadiyat island, al bateen, yas island, hamdan, mbz city, najda street, corniche, al maryah island, nurai island, khalifa street, tourist club area, and even more. The rental charges for different apartments or villas vary according to the floor space and location. Say in mussafah shabiyah , one can find a 2 bedroom apartment for rent with descent floor space at 40,000aed/year, where as when the same apartment with same floor space comes into abu dhabi town , the rate will change to 55,000 to above . So its upto us where we need a an apartment to live in. Usually every one prefer living near the office, it makes much easier for transportation , and less time to travel . There are lot of apartments for rent in abu dhabi, you can find easily in web portals like global99.ae with your desired budget. Or if you wish to buy an appartment is will be a better choice if you are living with your family, or if you are living as a bachelor it will be better choice to live in a rented apartment or villa. Buying a property for sale in abu dhabi is not a bad idea, ofcource its a good idea in buying an apartment for sale in abu dhabi, if you calculate the rent you are giving to landlord for 20 years , it will be high when compared to buying an apartment in abu dhabi. Say a 2 bedroom apartment in abu dhabi for sale cost around 650,000 aed (min), it will a one time payment, and mortgage is available from bank . If you take the case of rental charges for 2 bedroom apartment per year the basic one would cost 40,000 aed/year so for 20 years it would cost 80,000 aed which is 1,50,000 aed more than the cost of property for sale. So if you or your family have been residing in Abu dhabi for more than 20 years or going to reside for many years in future it woould be a better idea to buy the property for sale in abu dhabi rather than renting it . For nationals they need to pay around 20% of the total amount of property for sale in abu dhabi, then if needed bank finance is available. For Expartriates they need to pay around 25% of total amount of property for sale , then if needed a bank finance will be available. If a 2 bedroom apartment cost around 650,000 aed an expartriate have to pay 25% as downpayment which equals 162,500 aed ,if you choose the loan duration for 5 years you need to pay 8,710 aed per month for 5 years, or if you choose 25 years you can pay 2254 aed per month for 25 years, its upto you how long the duration should be, it ranges from 5 years to 25 years. So next time if you are looking for an apartment, dont just look to rent it , look forward to buy the apartment.

Estimated monthly payment based on a 1,125,000 AED loan amount with a 3.99% fixed interest rate for the entire duration of the loan is 5,932Aed

[evarealestate-blog]

Perfect Investment to live in the city life of your DREAMS! Check out this 2 Bedroom Apartment in The Bridges Tower 2, Al Reem Island Available for sale!To know more about the unit please contact: Eva Real Estate +971 2 644 0410info@evarealestate.net

[zoomaproperties-blog]

5 Most Stable Communities — Dubai

New property has been published on https://zooma.ae/5-most-stable-communities-dubai/

5 Most Stable Communities — Dubai

While for sale prices in the Dubai property market have favoured home buyers in the last few years, the continuing drop may be causing concerns for investors or those buying-to-let where resale value and rental yields are more important.

If you fall into this category of buyer, you’ll want to know which communities are holding their value over time.

Below is a round up of  5 communities that have bucked the trend to record price increases or only slight losses over the last two years, according to Property Finder’s transactional data, maintaining their value despite market headwinds.  

TOWN SQUARE

Price Change: N/A — New development

Rental Yields: 8 – 9%

This up-and-comer has been making waves recently for its affordable duplex villas.

At the intersection of Al Qudra Road and Emirates Road, the relatively new development by Nshama has become popular, and that demand means prices are staying steady. For less than one million dirhams you can get a 2-bedroom, 3-bathroom apartment in the brand-new Hayat Boulevard or in the sleek Zahra building being handed over later this month.

For small and growing families, you can snag a 3-bedroom for AED 1.4 million or 4-bedrooms for less than AED 2 million, all in a thriving community with upcoming retail outlets, Reel Cinema, a central park, 13 KM of cycling trails and international schools. Although these communities are new, data already shows an 8-9% yield.

MIRA (Reem)

Price Change: 10%

Rental Yields: 8 – 9%

Mira, also known as Reem, offers a variety of affordable villas and townhouses from Emaar. It has all the facilities of any contemporary community, including a community center, sprawling parks, community pools, and a skate park. A dog park, the first of its kind in any Emaar community, has also been announced.

Since the last handover in 2017, purchase prices have gone up 10%. Rental yields also held since 2017 at 6.9%, and are higher compared to Arabian Ranches at 5.3%, and Damac Hills at 4.5%. A 3-bedroom villa averages AED 1.8 million and 4-bedrooms hover around AED 2.3 million.

SPORTS CITY

Price Change: – 0.56%

Rental Yields: 7 – 9%

Popular for its affordability in the apartment category, Sports City has consistently offered rental yields between 7-9% per year. Average price per square foot is AED 890, remaining relatively stable after having dropped just AED 5 per square foot since Q2 2017. Studios go for AED 500,000 or less, while 1-bedrooms range from AED 550,000 to AED 700,000.

STUDIO CITY

Price Change: + 0.98%

Rental Yields: 8 – 9%

Another admired and steady standby community is Studio City. The Danube developed Glitz apartments were well-received by the market where studios go for AED 500,000, 1-bedrooms go for around AED 800,000, and 2-bedrooms for just over AED 1 million. Apartment values have actually increased marginally; from AED 1,022 per square foot in 2017 to AED 1,032 per square foot in 2018. Yields are high as well at 8-9%. Danube’s modular design and efficient square footage utilisation have made this community very popular. The innovative design allows a 1-bedroom to be converted into a 2-bedroom, with the push of a wall.

DUBAI MARINA

Price Change: – 7.12%

Rental Yields: 6.4%

You didn’t think we would forget about Dubai Marina, did you? Everyone talks about the Marina, and this is for good reason — being a consistently popular spot to live in, it remains a solid real estate investment.

While property prices decreased from AED 1,615 per square foot as of June 2017 to AED 1,500 per square foot as of June 2018, this community is as lively and sought after as ever. Despite the decline in value, you can still expect to yield 6.4%; the same as last year’s figure. Offering a range of options from a few townhouse communities to an array of apartments, resplendent with city or beach views, transaction data shows that property prices have remained stable in the Marina.

With an energetic backyard full of international restaurants and cafes as well as public beaches, five-star hotels and the much-anticipated Ain Dubai, soon-to-be the world’s largest ferris wheel, on Meraas’ iconic new Bluewaters Island, the discerning investor would be right to sink some cash here. Leading up to 2020, developers will be busy constructing new supply such as the much-anticipated 1 JBR, The Address Jumeirah and the Vida Residences with the Emaar Beachfront to come late 2021, all sure to be snapped up by those savvy investors as they go to market.  

With an abundance of housing and investment options in Dubai’s real estate market it is important to invest—whether it is for personal use or to diversify your portfolio— not just in the trendiest area, but to invest in a property with a stable value that will provide profitable returns and retain its worth for years to come.

Check out properties for sale in these communities. 

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2 bedroom apartments for sale in reem island

If you are looking for a stunning combination of elegance, comfort, and a calm living atmosphere, Reem Island is for you. In this article, you will discover why 2 bedroom apartments for sale in Reem Island are ideal for families, working people, and investors.

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Buy Apartment in Abu Dhabi with No Down Payment – TrueDar Makes It Possible!

Looking to buy apartment in Abu Dhabi but worried about the down payment? With TrueDar, you can now buy your dream apartment without the upfront cost! We offer flexible payment plans and special offers that make owning a property in Abu Dhabi easier than ever. Contact us today to find out how!

[building-arabia]

Introducing Reflection to Capital Living on Reem

Sales open for Reflection on 31st March

Prices start from AED 580,000 with only a 5% down payment.

Be the first to secure your studio, 1, 2 or 3 bedroom apartment by visiting the Aldar Sales Centre on Yas Island from 8am, Saturday 31st March.

To learn more and register, click below

The post Introducing Reflection to Capital Living on Reem appeared first on Building Arabia.

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3 BHK Apartments for Sale in Sharjah – Find Your Dream Home with TrueDar

TrueDar offers affordable 3 BHK apartment for sale in Sharjah without compromising on quality. With spacious interiors and convenient locations, these apartments are perfect for families looking to settle in Sharjah. Don’t miss out on our latest listings—contact us today to find your new home!

[truedar-ae]

Luxury 2 Bedroom Apartments for Sale in Reem Island – Invest in Your Future!

TrueDar presents luxurious 2 bedroom apartments for sale in Reem Island. With spacious layouts, high-end finishes, and prime location, these apartments offer an unparalleled living experience. Whether you're buying for investment or to settle down, we have the perfect option for you. Get in touch today!

[truedar-ae]

Live in Peace and Comfort with a 1BHK Flat in Abu Dhabi from TrueDar

Looking for a 1BHK flat in Abu Dhabi? Don’t miss out on TrueDar’s amazing options! We offer high-quality flats at competitive prices, equipped with modern amenities for a comfortable living experience. Contact us now to learn more about how you can secure your ideal flat in this prime location!

[global99ae-blog]

Complete guide before buying a property in abu dhabi,dubai and how to buy a home in abu dhbai,dubai

Things to know before buying a property in abu dhabi , dubai

Unites Arab Emirates is a federation of 7 emirates. The estimated 2019 population of United Arab Emirates is 9.77 Million. Over 5,60,000 business licences issued in the United arab emirates in 2019. The expatriates have been living in this country for the period ranging from one year to 50 years or even more, with or without family. In that most of them who are bachelors live in bachelor room for sharing , or even couples do a shared living basis, which is much cheaper compared to rent a whole apartment, expartriats with family live in 1 bedrroom,2bedroom, 3 bedroom or villas.Only a small number of expartriats live by thier own home , means they have actually bought up the apartment having complete propreitership for that property.

Living in abu dhabi or dubai is an expensive component. According to recent report almost 40 percent of monthly income is spent on accomodation in UAE. Compared to abu dhabi and dubai living cost in rest of emirates is much chaepaer.

Buying a property in abu dhabi in abu dhabi , many expartriates stay away from it because of various reasons, for example high down payment rates, job security, residency security,delay in possesion of home,uncertainity in length of residences in United arab emirates.

Why buy a property in abu dhabi ?

We can all agree the living cost in abu dhabi is higher and is the single biggest expence in abu dhabi to live in.A one bed room for example could cost from 30,000 to 1,20,000 depending on location and floor space. This makes buying a property in abu dhabi viable a most cases bank installment on home mortgages are much lower than monthly rents and is immune from monthly rental increases. The interest rate are ranging from 3 percent to 5 percent.

Who can buy a property in abu dhabi ?

Expartriates can buy any properties in abu dhabi including villa,townhouses,plots,apartments, or any property in abudhabi for sale of the specified freehold areas in abu dhabi. Al reem island is a freehold area and most of the expacts and nationals have a property in al reem island.

What is the price of a property for sale in abu dhbai?

The price for a property in abu dhabi depends on lots of factor like location, floor space, type of property, whether it is an apartment,villa,townhouses or even a plot.The Price may also increase if it have near access to public amenities, public schools, hospitals. Normally a studio apartment in abu dhabi cost around aed 580k while 1 bedroom apartment and 2 bedroom apartment cost around aed 900k to aed 1.4M.

How to buy a property for sale in abu dhabi ?

There are lot of properties for sale in abu dhabi any one can find a property for sale in abu dhabi via any real estate agency like Global99 Property Investment, having a lot of years peoples trust. The first thing would entitle you as abuyer on signing MoU, memorandum of understanding with the seller, where you would pay 2% of property value for your real estate ageny as a fee for their sevice, and another 2 percent toward abu dhbai muncipality for transfering property to you.

After this you will get ownership certificate from owner of property. Another 5000 fee is paid directly to developer as administration fee. The process is much simpler in abu dhabi government.

In the long run, its much profitable to buy a home in abu dhabi or any property in abu dhabi for sale , compared to living in a rented apartments or villa in abu dhabi.