Definitely ARJAN - Dubai

Definitely ARJAN - Dubai

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Arjan is located in the heart of dubailand.

08/05/2020

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#Dubai in 2030: More than 7,500 streets, 250 areas and 12 districts... - Future Of Dubai 14/08/2014

http://www.futureofdubai.com/2014/08/dubai-in-2030-more-than-7500-streets.html

#Dubai in 2030: More than 7,500 streets, 250 areas and 12 districts... - Future Of Dubai Futureofdubai.com provides all the information on Dubai, Complete Dubai City Information Culture,Clubs, Spas, Health , Fitness, Dubai Hotels, Restaurants,

02/08/2014

Record-breaking July for Dubai real estate

Recovery of the Dubai property market has been striking and makes it a great time to invest in the dynamic market

Dubai’s real estate industry achieved the highest number of unit sales and corresponding total unit value for any July on record, according to data from the Dubai Land Department.

With 1,767 transactions, the industry saw over 193,629 sq m (2.084 million sq ft) of property units sold during the month.

The top-performing areas were Dubai Marina, Downtown and Jumeirah Lake Towers (JLT) where the combined value of the transactions accounted for about 67 per cent of the total value of unit transactions during the month.

Vibrant industry

“The recovery is certainly with us,” said Mohanad Alwadiya, managing director of Harbor Real Estate in Dubai. “Confidence is returning to the market and, when considering the latest reports regarding healthy profits and renewed activity by several leading developers, the industry is certainly looking vibrant again.”

A recent report from property management company Asteco, also said that the real estate market was showing great positive growth. The report said the rise in property values was driven by expats, who were ploughing a lot of investment into the UAE.

“After three years of declining rates and limited sales activity, the real estate market is on the way to recovery, with established quality communities showing increases in values and higher transaction volumes,” said Elaine Jones, CEO at Asteco who provided the data for the report.

More rises expected

As the year progresses, sales prices will continue to rise for quality developments, according to Asteco. Elaine Jones said that “the number of owner-occupiers rose steadily in line with improved financed options offered by banks, which we expect to continue”, with potential for further demand “from overseas buyers escaping economic woes in the Eurozone and political instability in other parts of the region”.

Arab Spring effect

This increase in profits and real estate prices are due to a number of factors, including dynamic economic growth, driven by sectors such as aviation, retail, hospitality, tourism and foreign trade. The Arab Spring has also seen a rise in the number of new residents, especially businesses and wealthy investors, who are snapping up property so they can provide a safe home for their families.

In addition, mortgage deals are at an all-time low, with banks like HSBC setting rates at 3.99 per cent. Even during the property boom in 2008 rates didn’t fall below 7 per cent.

With rents increasing by 10-15 per cent since the start of this year, the case for buying property is strong, which should spark interest in the many new hotel developments, such as The First Group’s two luxury hotel apartment projects in Tecom, Metro Central and Grand Central, which are situated in the bustling business district of Tecom in the heart of “New Dubai”. The luxury end of the market did particularly well in 2011, soaring 17.6 per cent.

31/07/2014

Dubai best performing realty in the Middle East

Dubai has got the status of the best performing luxury real estate market in the Middle East, property consultancy Knight Frank revealed on Wednesday in its latest research.

Dubai’s 6.3 per cent annual price growth of luxury homes is also slightly better than the global average recorded during the first half of the year by the latest Prime Global Cities Index by Knight Frank.

Dubai was ranked the 13th best performing real estate market tracked by the property consultancy. The mortgage cap and doubling of transfer fees at the end of 2013 in the Emirate influenced buyer activity more than forecast.

New research by Knight Frank revealed 25 to 35 per cent of purchases are mortgage financed in the Emirate, more than previously thought. However, with new supply at the prime level looking limited over the next 18 months the consultancy firm expects prices in Dubai to strengthen in the remainder of 2014.

Globally, prime residential prices across the index’s 32 cities rose by 6.2 per cent on average in the year to June 2014. Of the 32 prime residential markets tracked by the index, 27 recorded positive annual price growth in the year to June 2014, up from 21 a year earlier.

However, the index’s annual increase in the year to June is above the long-run average of 4.6 per cent recorded since Lehman’s collapse in the third quarter of 2008, underlining the extent to which prime property has become a favoured asset class globally.

Jakarta and Dublin stand out due to their stellar performances, ending the year to June 27.3 per cent and 23.5 per cent higher respectively in the index. However, in both cases the rate of growth has slowed in the second quarter.

“In Dublin’s case, the rate of growth slowed from 5.6 per cent in the first quarter to 2.1 per cent in the second. However, given Ireland’s improving economic landscape and the expiry of Ireland’s capital gains tax incentive at the end of 2014, we expect prime prices will continue their upward trajectory in the second half of the year,” Knight Frank said in a statement.

The consultancy noted last quarter the improving performance of luxury homes in North America. This trend has continued in the second quarter with New York, Los Angeles, Miami and San Francisco all recording double-digit annual growth in the 12 months to June, placing them all in the top 10 rankings.

With the gradual withdrawal of stimulus measures in the US and the UK, the prospect of rising interest rates and the continual enforcement of cooling measures across much of Asia, it would be logical to assume the index’s performance would be weakening.

Mall of the World, Dubai 31/07/2014

http://www.youtube.com/watch?v=zah99ETVOz4

Mall of the World, Dubai The world's first temperature-controlled city, Mall of the World, located along Sheikh Zayed Road in Dubai. Occupying a total area of 48 million sq. ft., the...

Photos 31/07/2014

Dubai launches Mall of the World plan

The Mall of the World is to be located along Shaikh Zayed Road. But in its conceptualization, the project – which will be managed by Dubai Holding - will be nothing less than a city-within-a-city and also include 100 hotels.

The development will be staggered along multiple phases. The cost of the build-up has not been revealed.
Apart from being the largest mall in the making by occupying 8 million square feet, it is being billed as the world’s first “temperature-controlled (pedestrian) city” and with a 48 million square feet spread. This will be through a glass dome enclosure that will be open up during the winter months, a high season for the city’s retail, leisure and hospitality sectors. On completion, it will be a year-round destination that is projected to pull in 180 million visitors annually.

“This project complements our plans to transform Dubai into a cultural, tourist and economic hub for the 2 billion people living in the region around us; and we are determined to achieve our vision,” said His Highness Sheikh Mohammad Bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, in a statement announcing the launch.
“The growth in family and retail tourism underpins the need to enhance Dubai’s tourism infrastructure as soon as possible.”
“We are confident of our economy’s strength, optimistic about our country’s future and we continue to broaden our vision.”
The Mall of the World would also host the world’s largest indoor theme park. And unlike the big-box design concepts in vogue in the global mall industry, the new development’s design ethos will be that of a “retail street network” stretching to over 7 kilometers.
Merging the twin pursuits of shopping and leisure living, the Mall of the World’s retail area will have connectivity to 100 hotels and serviced apartment properties offering up a combined 20,000 room keys.
“Our ambitions are higher than having seasonal tourism - tourism is key driver of our economy and we aim to make the UAE an attractive destination all-year long,” Sheikh Mohammad was quoted in the launch statement. “This is why we will start working on providing pleasant temperature-controlled environments during the summer months.”
Over the last decade, Dubai developers’ retail development strategy has been to bring about as much of synergy as is possible with the leisure and entertainment aspects of living.
The Mall of the World super-sizes these synergies even more. A full-scale ‘Wellness District” thus is integrated into the master plan, and this would take up 3 million square feet. Future tenants in this cluster will offer not just cosmetic and wellness treatments but top-of-the-line health care, including specialized surgical procedures.
This will also be where the ‘Dubai Cultural District’ will be anchored. Again, the developer is eyeing for touchstones similar to what a visitor would see in London’s West End of New York’s Broadway.
It will have the ‘Celebration Walk’, akin to Barcelona’s Ramblas Street. There will be direct connectivity from the cultural cluster – which will offer a mix of conference, celebration and even wedding halls - to the rest of the mall.
Dubai’s economic turnaround was fast-tracked by retail and hospitality twinned with the ever expanding reach of Emirates airline and its jumbo-sized order book. With the Mall of the World announcement, Dubai is creating the projects that would drive these sectors forward until the Expo 2020 looms closer on the horizon.
“This project is a product of extensive research studying international and regional tourists’ requirements and preferences,” said Mohammad Abdullah Al Gergawi, Chairman of Dubai Holding, which is the entity developing the Mall.
“The objective is to create an integrated city with a plethora of best-in-class options within pleasant environments. The project will be developed in phases in alignment with the gradual growth of family tourism in Dubai.”
“The Mall will once again give a huge fillip to the image of Dubai as a shopping destination,” said Ajai Dayal, who heads TriDayle, a specialist consultancy. “Today, the crown is with The Dubai Mall but there are challengers from other markets being born each year. “With Mall of the World, that pre-eminent status will remain with Dubai for a long time to come.”

Dubai Miracle Garden: A Paradise on Earth | Lady & her Sweet Escapes 30/07/2014

http://www.ladyandhersweetescapes.com/2013/02/dubai-miracle-garden-paradise-on-earth.html

Dubai Miracle Garden: A Paradise on Earth | Lady & her Sweet Escapes The Dubai Miracle Garden is the newest tourist attraction in Dubai.It is the biggest flower garden and the most beautiful in the world.

Photos 17/07/2014

Lincoln Park:

A development of 7 buildings with dedicated commercial and residential buildings the Lincoln Park buildings - inspired by the early skyscraper Chicago style of architecture - have a well articulated ornamental front entry, flat roofs and parapet walls, and large roof terraces.

The project also plans a modern gymnasium and swimming pool.

Retail outlets are planned for the ground floor.

Located in "ARJAN"

Photos 17/07/2014

Crystal Park:

A residential tower located directly in the centre of Masar district of "ARJAN", overlooking the biggest park in Arjan close to the Great Wheel [‘Dubai Eye’], Crystal Park is designed to provide luxurious, modern living in a post modern 1920’s Art Deco style building – complete with its own Chrysler building like turret!
The project also provides:

Underground parking
Gymnasium, swimming pool,
whirlpool bath & steam rooms,
squash court
Massage treatment spa
20 Studios,
60 One Bedroom Apartments,
30 Two Bedroom Apartments
Total of 110 Apartments and retail outlets

Photos 17/07/2014

This diverse community of residents and businesses will provide the basis of a dynamic young and chic urban hub – and the close proximity to Dubailand's mega entertainment complexes – and Arjan's own attractions such as the Dubai Eye – the open air Amphitheatre hosting major outdoor events – and the localities distinctive and often impressive post modern art deco architectural style - will make this district an attractive venue for the tourist, food and beverage, hospitality and serviced apartment sectors.

The key investment feature of this project is its location.

Mizin, the Arjan master developer, has, as an associate company of the Dubailand master developer, Tatweer, scored some of the best sites in Dubailand – most with perfect access to the expected Dubai Metro Dubailand train lines.

Arjan’s location within the Dubailand project should mean that these units can generate good short term tourist and other visitor rental incomes, particularly as the location is also only about 10 minutes away from the site of the new Dubai World Central International Airport currently being built – and which has been designated to serve Dubailand tourists – and will handle most budget airlines – and Arjan will just be a short train ride to the also Emirates Road based City and Mall of Arabia and the nearby Bawadi hospitality precinct.

In addition all the sights and experiences of Dubailand are within a few minutes reach – so the kids can be easily entertained – and the parents have the bonus of Dubai Sports City and its golf courses right next door - which is open to visitors and residents alike.

Arjan is about 10 minutes by car to the office towers on Sheikh Zayed Road North, and 5 minutes to the beachfront of Sheikh Zayed Road South.

It is right on the entry juncture of Dubailand on the closest Dubailand plot to the rest of Dubai city.

Long term rentals in this well planned live and work district, away from the noise and traffic of the amusement parks of Dubailand - would also surely be attractive with this location. Managers, executives, and professionals employed by the 240+ Dubailand venues – and with underground parking home – would be within 10 minutes drive to work – or a short Dubai metro ride away.

Arjan, sits just opposite Dubai Sports City on the north western boundary of Dubailand, and will be a certain stop on the Dubai Metro black line that circles Dubailand – which will surely be known as the Dubailand circle line – if this proposed extension to the Dubai Metro proceeds as expected:

Also – right next door to Arjan is the prestigious DuBiotec project – senior professionals and managers based on this massive [about as big as Arjan itself] biotechnology research, development, and sales project - will find close by Arjan an attractive rental option to staying above the shop within the DuBiotec project.

Dubai Sports City 17/07/2014

Another Breathtaking project - "new multi-purpose stadium near to ARJAN in Dubai, United Arab Emirates"

The stadium is a 50-million square feet mixed use development that will be the world’s first integrated purpose-built sports city. The development is being built around five major sports venues and features a series of major sports academy facilities.

Mohammed Bin Rashid City 17/07/2014

"A new city to rise within Dubai - Just Opposite to ARJAN"

Mohammed Bin Rashid City, or MBR City, is a planned mixed-use development in Dubai, United Arab Emirates. In November 2012 the ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum announced the establishment of what he termed a new "city" within Dubai. The complex is to contain four components:

Family tourism, including a park able to receive 35 million visitors yearly, the largest family leisure and entertainment complex in the Middle East, Africa and Indian Subcontinent. The park is to be established in collaboration with Universal Studios and include more than 100 new hotels
Retail, including the Mall of the World, planned to be the largest shopping mall in the world
Arts, including the largest area for art galleries in the Middle East and North Africa, "Cultural Crossing", which will connect the existing areas of Downtown Dubai (location of the world's tallest building, the Burj Khalifa) and Business Bay, to the rest of Mohammed bin Rashid City.
Entrepreneurship and innovation
The biggest swimming pool in the world - 40 acres biG

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