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haus & haus Real Estate Broker | + 971 4 302 5800 | [email protected] | www.hausandhaus.com Office 3111, 1st Floor, Building 3 | Gold & Diamond Park | Dubai, UAE | P.O. Box 128793 | ORN. 12357 | RERA Permit ID: 25220 Sales | Leasing | New Developments | Property Management #Making your haus a home E06 18 WE HAVE SOME NEWS THAT WILL MAKE YOUR EARS

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Page 1: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

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Sales | Leasing | New Developments | Property Management

#Making your haus a home

E06

18

WE HAVE SOME NEWS

THAT WILL MAKEYOUR EARS

Page 2: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Page 2 | haus & haus | RERA Permit ID: 25220 | haus & haus LATEST INTERNATIONAL AWARDS

WE ARE THE BEST IN DUBAI!

haus & haus want to thank our clients, our team and the 70 judges who awarded us these prestigious awards!

In five years the company has grown substantially but the core values remain

the same. A professional, trustworthy, customer service focused approach

with a personal touch. We aim to provide a quicker, simpler service to all of

our clients with as little headache as possible, and a bit of ‘wow factor’ thrown

in for good measure!

Give us a try and see for yourself!

Page 3: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

RERA Permit ID: 25220 | haus & haus | Page 3

FEATUREDPROPERTIESFOR SALE

• 5 bedrooms + maids, 5 baths

• 3,970 sq.ft BUA • Type 11 • Large plot

• Back to back • Fully upgraded

• Walking distance to community pool and park

• Vacant on transfer

• Great location

• Property reference code: DUB183658

Meadows 2Emirates Living AED 4,749,000

To get more information please call our sales specialist Fahad Sheikh on +971 55 727 5588

BRN: 33702

haus & haus are pleased to present a very well-priced fully upgraded

Type 11 villa in Meadows 2. This 5 bedroom property sits on a larger

than average plot of 7,000 sq.ft with a back to back position. The unit

has an excellent location being a short distance from the community

pool and park.

NEW

Page 4: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

For a general enquiry please call our agents on +971 4 302 5800

Springs 14, Emirates LivingAED 3,000,000

Al Sahab 1, Dubai MarinaAED 3,400,000

For more information call our sales specialist Harrison Rackham-Beadle on +971 50 300 7054 BRN: 38131

For more information call our sales specialist Riccardo Scala on +971 50 574 0845 BRN: 43551

• 3 bedrooms + maids + study, 3 baths

• 3,030 sq.ft BUA • 3,725 sq.ft plot size • Type 1E

• Family room • Upgraded throughout

• Lake and Marina skyline view • Very close proximity to community pool and park • Close proximity to Meadows souk • DUB184154

• 3 bedrooms, 4 baths • 2,313 sq.ft

• Fully furnished penthouse • Customised & upgraded

• Open plan living & dining areas • Floor to ceiling windows

• Modern kitchen & appliances • Prime location

• Short walk to the beach

• Property reference code: DUB185762

EXCLUSIVE

Page 4 | haus & haus | RERA Permit ID: 25220 | FEATURED PROPERTIES FOR SALE

Hattan 2, Emirates LivingAED 8,200,000

• 5 bedrooms + maids, 6 baths + powder room

• 5,500 sq.ft • Extended • Private pool

• Full lake and skyline view

• Motivated seller • Quiet location

• Property reference code: DUB183306

For more information call our sales specialist Oscar Lind on +971 56 893 0494 BRN: 36716

NEWNEW

Hattan, Arabian RanchesAED 9,800,000

• 7 bedrooms, 7 baths • 7,424 sq.ft BUA

• Premium quality villa • European finishes • Hacker kitchen

• Upgraded and extended to the highest standards

• Nordic wooden flooring throughout

• TerraVerde landscaping and pool

• Vacant on transfer • DUB181984

For more information call our sales specialist Keith Rowley on +971 55 221 5692 BRN: 42350

EXCLUSIVE

Page 5: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Finally, the searing heat of a Dubai summer has given way to cooler temperatures, expats have returned to work and children to school. This year, the season of ‘getting stuff done’ is also one of anticipation, with new business opportunities on the way. Interested to see how the real estate market can benefit? Read on.

Own your business

By year-end, every foreign business owner in

Dubai will be allowed to increase ownership

of their company from 49% to 100%. Targeting

innovation entrepreneurs, this new law is also

attracting big names such as Uber Eats. The

accompanying 10 year visa available to foreign

business investors will be a strong incentive to

buy the type of cutting edge smart home done

so well by Emaar in Dubai Hills.

For SME businesses, coworking spaces are

everywhere. Since startup collaborators tend to

live and breath their fledgling business days, a

blurring of home/work space is inevitable.

So the convenience and connectivity of

coworking hubs like Astrolabs at Jumeirah Lake

Towers remain popular. The Collective Tower

goes one better, with coworking zones all part of

the service for apartment owners.

Watch, as the market matures with the buyer

A 10 year visa will also be available to anyone

employed for their top tier medical, scientific or

technical talent, with Dubai pledging to become

the world’s smartest city over several decades.

Playing a role in that smart mission could span

several house moves and an entire career. With

longer tenures likely, the recently announced

5 year visa for expat retirees seems a natural

progression. We expect to see demand for

prime properties in Palm Jumeirah, Downtown

and Arabian Ranches grow accordingly.

Tourism

The QE2 floating hotel is open, the biggest

Chinatown in the Middle east is coming, and

La Mer, the beachfront destination, has arrived.

These are 3 of the latest attractions bringing

revenue to Dubai, where tourists spend more

than any other city worldwide. If this is need-to-

know intelligence for holiday let investors, the

New developments at Port de La Mer and Nikki

Beach are most definitely need-to-see.

“Opening up foreign business ownership and extending expat visas – along with continuing tourism success – will stimulate the Dubai real estate market well into the future.”

REAL ESTATE

Whether you’re looking for the best time to sell, invest, or buy a home, our brokers will give your property venture a boost. +971 4 302 5800 [email protected]

The Dubai business drive giving real estate a boost

Page 5 | haus & haus | RERA Permit ID: 25220 | INSIGHTS FROM SIMON BAKER, MANAGING DIRECTOR AT haus & haus

Prime properties in Palm Jumeirah

Page 6: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Page 6 | haus & haus | RERA Permit ID: 25220 | FEATURED PROPERTIES FOR SALE

For a general enquiry please call our agents on +971 4 302 5800

1

EXCLUSIVE

NEW

Savannah 1, Arabian RanchesAED 3,900,000

• 3 bedrooms, 3 baths • 3,324 sq.ft BUA

• Large plot • Extended • Fully upgraded

• Amazing condition • Private pool

• Quiet location • Available now

• Property reference code: DUB180290

For more information call our sales specialist Calvin Smith on +971 56 981 8193 BRN: 35139

• 5 bedrooms + maids, 4 baths • 4,849 sq.ft BUA

• 8,266 sq.ft plot size • Upgraded Type 3

• Designer kitchen • Full golf course view

• Large pool & jacuzzi • Must view

• Property reference code: DUB186287

For more information call our sales specialist Matt Jones on +971 50 214 0954 BRN: 33720

Savannah 1, Arabian RanchesAED 4,990,000

NEW

I have the following buyers looking in Arabian Ranches!

Mr & Mrs P: Looking for a 3 bedroom villa• Ideally upgraded to a good standard

• British couple pre-approved up to 4 million

• Can be flexible with move in date up to 4 months

Mr R – Looking for a Palmera Type C• Living in a Type C at the moment

• Preference is lake backing but not essential

• Budget up to 2.3 million

Mr J – Looking for something on the Golf Course• Likes La Coleccion but would consider any golf course villa

with a minimum of 4 bedrooms

• Ideally looking to move immediately | Cash buyer 6 million

Mrs L – Looking in Saheel or Savannah for 5 BR• Or would consider a Type 6

• Budget up to 5.5 million

• Would like to be on the Golf but not essential

Mr C - Looking for a Palmera Type A• Living in the area can be standard or upgraded

• Budget up to 3 million | Single row preferred but not essential

Mr & Mrs R – Looking for a large plot• 5-7 bedroom minimum | Have upgraded budget up to 7.5 million• British couple can be flexible up to 6 months

Mrs I – Looking for Saheel or Savannah• 3 bedroom | Move in immediately | Budget up to 3.8 million• French family kids going to Jess, the closer to the school the better

Mr C & Mrs Z – Looking for a 3E in Al Reem• Ideally on a single row | Budget up to 2 million• Can be flexible on move in date

1 5

2 6

3 7

4 8

Calvin Smith

+971 56 981 8193 [email protected] BRN: 35139

Page 7: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

1

3

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What are some of the biggest colour and

material trends you’re seeing this year?

“Matt lacquer is dominating interior spaces

and I’m a huge fan of this softer finish. Gloss

of course remains popular but this soft option

provides depth and a more defined platform.

It looks especially impactful when combined

with natural effects such as wood and stone.

Hacker Kitchens are also at the forefront of a

current natural trend and launched new stone

door finishes such as Calacatta at Eurocucina

this year. One of the most popular new range

combinations is proving to be a sleek white

kitchen with a rough volcano worktop. Made

of hard-wearing Silestone, this natural quartz

surface has a unique anti-bacterial protection

and won’t stain or mark. When combined with

this beautiful wood finish it’s the ultimate in

form and function.

There is also a huge influx in graphite greys

and blacks in modern interiors and this extends

to the kitchen. We are seeing more clients

choose sleek minimal and dark kitchens, with a

touch of walnut or oak to add warmth.”

What are some of the top technical innovations?

“Technology surrounds us and Hacker has

been incorporating sound and movement

features into their kitchens for years. Our

electric climber wall units and roller shutters

add theatre and are the perfect way to hide

everyday appliances such as kettles, toasters

and coffee machines. They free up the

worktop space and are a real talking point

whenever clients see them.

One technical innovation which is perfect

for the UAE and hugely popular are taps that

serve filtered, boiled, chilled or even sparkling

water in kitchens. These are fast becoming the

must-have item for any kitchen connoisseur.”

What are some of the latest space-saving solutions?

“When it comes to space saving, storage is

key - whether that’s floor to ceiling cabinetry to

make the most of the generous ceiling heights

in the UAE, or deep drawers and larder units.

Supermarket units are also a great solution –

they organise foods simply and easily without

having to stack them on shelves. An ultra

functional solution that frees up a lot of space.

Hacker also boasts an interior storage solution

called MOVE. These flexible inserts can be

moved around the kitchen meaning our space

can evolve with you.”

What is the most surprising kitchen trend

you’re seen this season?

“White is a perennial favourite but we are

seeing a move towards concrete and textured

colours - traditional velvet blue kitchens with

marble effect tops accompanied by brass

or even rose gold handles and accessories.

These are then coordinated with modern

geometric forms such as wire framed light

fixtures and linear, ultra modern bar stools.

This really surprised me at first but I can

see why its become so popular – it’s a very

impactful look.”

What are some of your tips for designing a kitchen – or purchasing appliances – to

enhance celebrations and entertaining?

“We often work with clients to remove internal

walls to completely open up their living

space. Hacker cabinets are not just for the

kitchen, we are seeing more clients use them

throughout their homes. Choosing a cabinet in

the living room that is the same as the kitchen

means that they match perfectly and can also

be used to create bespoke pieces to great

effect – whether it’s storage, an entertainment

unit, a book case or shelving. This allows the

living area to become a seamless and stylish

space for entertaining.”

Expert insights from James Sakhri – Designer at Hacker Kitchens

For more information get in touch with the Hacker Kitchens team:

+971 4 399 0425 | www.hacker.ae

James Sakhri

HACKER | RERA Permit ID: 25220 | haus & haus | Page 7

Page 8: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Page 8 | haus & haus | RERA Permit ID: 17116 | FEATURED PROPERTIES FOR SALE

For a general enquiry please call our agents on +971 4 302 5800

• 4 bedrooms + study, 3 baths • 4,000 sq.ft

• Large 8A Type • Savannah villa w/ upgrades

• External detached annex w/ shower room

• Outdoor BBQ w/ appliance space and bar

• Private pool w/ jacuzzi & water fountains

• Property reference code: DUB142360

EXCLUSIVE

For more information call our sales specialist Robert Rist on +971 50 246 7948 BRN: 30875

Savannah 1, Arabian RanchesAED 3,650,000

• 1 bedroom, 1 bath • 654 sq.ft

• 1 utility room • Mid floor

• Open plan kitchen

• 1 parking

• Handover November 2019

• Property reference code: DUB185567

For more information call our sales specialist Ines Polewka on +971 50 256 6016 BRN: 37964

Golf Views, Dubai SouthAED 720,000

EXCLUSIVE

OFF PLAN

For more information call our sales specialist Sophie Norris on +971 50 300 6582 BRN: 42106

Al Mahra, Arabian RanchesAED 4,690,000

• 5 bedrooms, 4 baths • 4,847 sq.ft

• Type 11 • Private single row plot

• Temperate controlled pool

• Only one owner since construction

• Garage • Vacant on transfer

• Property reference code: DUB143113

NEW

For more information call our sales specialist Ronan Arthur on +971 50 994 6176 BRN: 42083

Zulal 2, The Lakes, Emirates LivingAED 2,950,000

• 3 bedrooms + study + maids, 2 baths

• 2,530 sq.ft • Vastu compliant

• Back to back • Generous plot

• Landscaped garden •Excellent condition

• Vacant on transfer

• Property reference code: DUB185974

VASTU

COMPLIANT

Page 9: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

LUXURY REAL ESTATE IN MAURITIUS

TO RECEIVE YOUR PRESTIGE BOOK

CONTACT US:

Richard Vessot

+44 7437 542 933 [Whatsapp][email protected]

Why Invest in Mauritius? BECAUSE MAURITIUS IS A

LIFESTYLE!Apartments – Villas – Penthouses 5 Star Resort & Conciergery Great Yield Resident Permit Fully Managed Interesting Tax Advantages

Page 10: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Join us on YouTube

A behind the scenes look at the manufacturing and distribution process.

Bored of the typical approach of most real estate videos?

Scan the below QR code to subscribe to our award winning – unique, refreshing and informative videos – made for your absolute viewing pleasure!

Hear our Managing Director Simon Baker, discussing all

things International currency with Laura Ridley from IFX.

Watch the video for more insights on how this can help

with your impending property transaction.

View the interview by scanning the QR code.

How international currency exchange can work for all real estate needs

Page 10 | haus & haus | RERA Permit ID: 25220 | FEATURED INSIGHTS

Page 11: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

• 2 bedrooms, 2 baths • 1,367 sq.ft• Upgraded • Full Marina views• Large balcony• Fantastic living space• High floor• Chiller free

Marina Quay West, Dubai MarinaAED 145,000 pa

For more information call our leasing specialist Chris Maughan on +971 50 568 0735 BRN: 43287

• 1 bedroom, 2 baths • 800 sq.ft• Powder room for the guests• Skyline and golf course view• Gym and pool access• Chiller free • Bright apartment

The Fairways West, The ViewsAED 90,000 pa

For more information call our leasing specialist Arta Smiltina on +971 50 230 3619 BRN: 42105

Similar properties urgently required for waiting clients! Please call our agents on +971 4 302 5800

• 3 bedrooms + study + maids, 3 baths• 2,627 sq.ft • Immaculate property• Upgraded • Family room• En-suite & balcony to master• Vacant on transfer• Walking distance to community pool & park

• 6 large bedroom + study + maids, 5 baths • 5,200 sq.ft • Opposite the pool and park• Quiet location • Well-presented throughout• Private landscaped gardens• Owner occupied from new• Vacant on transfer

• 2 bedrooms + study, 3 baths• 1,885 sq.ft BUA • Type 4E• Wooden flooring throughout• Very close to lake and community pool• Parking for two vehicles • Well-maintained• Good price • Vacant now

Al Reem 2, Arabian RanchesAED 100,000 pa

For more information call our leasing specialist Thomas Poulson on +971 50 506 8744 BRN: 38588

LEASE AGREEDIN OCTOBER

• 3bedrooms + maids + family room• 4 baths • 2,936 sq.ft • Extended Type A• External garden room• Gorgeous pool • Corner plot• Upgraded• Vacant on transfer

Alma 1, Arabian RanchesAED 2,450,000

Terranova, Arabian RanchesAED 3,600,000

Palmera 1, Arabian RanchesAED 2,710,000

For more information call our sales specialist Keith Rowley on +971 55 221 5692 BRN: 42350

For more information call our sales specialist Calvin Smith on +971 56 981 8193 BRN: 35139

For more information call our sales specialist Sophie Norris on +971 50 300 6582 BRN: 42106

SOLDIN SEPTEMBER

SOLDIN SEPTEMBER

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• 2 bedrooms, 3 baths • 1,650 sq.ft• Golf course and Marina skyline views• Huge balcony• Gym and pool access• Chiller free

Golf Tower 1, The ViewsAED 145,000 pa

For more information call our leasing specialist Harry Roberts on +971 50 230 5132 BRN: 42118

• 3 bedrooms + study + maids, 3 baths• 2,618 sq.ft • Type CM• Single row• Opposite pool and park• Vacant

Maeen 2, Emirates LivingAED 2,480,000

For more information call our sales specialist Samuel Hitchcock on +971 56 959 9538 BRN: 30648

SOLDIN OCTOBER

A SMALL SELECTION OF OUR COMPLETED SALES & LEASING TRANSACTIONS | RERA Permit ID: 25220 | haus & haus | Page 11

• 2 bedrooms, 2 baths• 1,690 sq.ft • Type 4M• Well maintained• Close to entrance• Backing park and pool• Vacant

Springs 7, Emirates LivingAED 110,000 pa

For more information call our leasing specialist Ash Bhasin on +971 50 908 9481 BRN: 43514

LEASE AGREEDIN SEPTEMBER

LEASE AGREEDIN OCTOBER

LEASE AGREEDIN OCTOBER

LEASE AGREEDIN OCTOBER

SOLDIN OCTOBER

Page 12: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Page 12 | haus & haus | RERA Permit ID: 25220 | NEW DEVELOPMENTS – LATEST OFFERS

NEWDEVELOPMENTS

Developer: Emaar Properties PJSC

Development Type: 1 & 2 bedroom apartments

Expected Completion Date: June 2021Contemporary 1 & 2 bedroom apartments with a focus on ‘Trendy-Cool’ interiors, collaborative work spaces and extraordinary amenities.

Collective 2.0 apartments buck the mainstream

interior design trends by embracing cosy

industrial chic. With partitions that allow your

bedroom to spill onto the living room, enjoy

plenty of space for friends, fun and laughter.

Step onto your balcony and lap up the views of

the Downtown Dubai skyline.

Nestled alongside Rove Hotel and Business

Park, which increase the property value,

Collective 2.0 has the perfect location for a chic

urban lifestyle.

NEED FLOORPLANS, PAYMENT PLAN OR MORE?To get more information please call our

Off Plan team on +971 4 302 5800

Collective 2.0Dubai Hills Estate

Prices from

AED 664,888

Here you’ll find morenew developments:

www.hausandhaus.com/new-developments

Pay 10% now, with monthly installments of 1.5%

2%DLD FEE WAIVER

Page 13: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Clients often ask about the option of gifting their Dubai property to a third party. What they usually have in mind is transferring title in the property to someone else, but on the basis of a gift transaction, rather than an arms-length commercial deal. So they want to transfer the property, but at zero consideration, because it’s a gift. This is most commonly a transfer to a family member, but occasionally it can be to someone unrelated to the donor, or from a company owned by the donor to the donor individually (or vice versa).

The first point to note is that you can technically

gift a property to whomever you wish. If you

agree to give it away for free, there is no law or

regulation that says you have to charge for it.

This principle applies whether it’s being gifted to

an immediate family member, a distant relation

or a complete stranger (although that would

certainly be odd!).

However, it’s important to understand

the different treatment by the Dubai Land

Department of certain types of gift in terms of

transfer fee. The key point here is that gifts to

spouses and immediate family members attract

a reduced transfer fee of 0.125% of the deemed

value of the property. Whereas gifts to any other

person do not qualify for the reduced fee, and

therefore attract the standard 4% transfer fee.

Let’s understand what we mean by immediate

family members. The DLD classes an

immediate family relationship as being between

spouses or between parents and their children.

This can throw up some anomalies.

For example, if you want to gift your property to

your brother or sister, to whom you may be very

close, you would not qualify for the reduced

gift rate. Consider also the position on divorce.

If, as part of the divorce settlement, you gift a

jointly held property to your spouse but do so

prior to the divorce being finalised, you would

be entitled to the reduced 0.125% gift rate. If

however you complete that transfer a week

after the divorce has been finalized, you would

become liable for the full 4% transfer fee.

In order to prove the immediate family

relationship, the Land Department will need

to be provided with evidence, which must be

legalized if emanating from overseas. This

evidence is usually in the form of a marriage

certificate and passport copies of spouses,

or a birth certificate and passport copies of

children and parents.

The other scenario we come across where

gifting is involved is where an individual wishes

to transfer a property from a company he wholly

owns, to himself (or vice versa). Here, if he can

show that the ultimate beneficial ownership

will be the same before and after the transfer,

then the reduced rate of transfer fee may be

applied by the Land Department. As you can

imagine, this usually requires a significant

volume of paperwork to prove the commonality

of beneficial ownership, but it can be worth the

bother and the expense if there is a substantial

transfer fee to be avoided.

Just to complete the picture, I should let you

know the administration involved. If you want to

proceed with a gift transfer you have to have a

title deed and an affection plan for the property,

apply for a valuation of the property by the Land

Department, pay off any outstanding charges

relating to the property, obtain an NOC from

the developer, submit all of the documentation

proving the relationship on the basis of which

you are applying for the reduced transfer fee

to be applied, then attend at the Registration

Trustee Office, submit the documents, pay the

transfer fee and wait for the new title deed.

So it’s not exactly straightforward, but if you

decide that it may be financially worthwhile for

you to take advantage of the reduced transfer

fee rate, then do get in touch with us and we

can assist in the process.

Jerry Parks is a Partner and Head of Real

Estate and Private Client at international law firm

Taylor Wessing. He has lived in Dubai for 20

years, and is married with 2 children. When not

dispensing legal advice, he plays guitar in the

band The Tap Room Monkeys.

[email protected]

If you have any legal questions you

would like to put to Jerry, contact us on

[email protected]

More Legal Advices: www.hausandhaus.com/latest-news

haus & haus | RERA Permit ID: 25220

ADVICEGifting property in Dubai – The difference between 4% and 0.125% transfer fee

Page 14: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

FEATUREDPROPERTIESFOR RENT

• 4 bedrooms + maids, 4 baths

• 3,884 sq.ft • Type B1

• Fully furnished • Opposite pool

• Upgraded flooring • Stunning

• Landlord will include the Bentley car*

• Property reference code: DUB186733

Alvorada 1Arabian Ranches AED 280,000 pa

Rare to the market is this tastefully fully furnished villa in the popular

location of Alvorada 1, Arabian Ranches. The property has upgraded

floors throughout and the unit is opposite the communal park and

pool. The landlord will include the Bentley car with the rental* – don’t

miss this amazing deal!

*Terms and conditions apply

To get more information please call our leasing specialist Adam Allison on +971 55 242 6327

BRN: 32783

Page 14 | haus & haus | RERA Permit ID: 25220

NEW

Page 15: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Page 15 | haus & haus | RERA Permit ID: 25220 | INSIGHTS FROM LUKE REMINGTON, MANAGING DIRECTOR AT haus & haus

When will rental values in Dubai finally bottom out? It’s the hotly contested question of the moment amongst real estate commentators – and there’s no easy answer. In a city of diverse residential communities, you’ll find sharp upticks, continuing downturns and all price points between. Time to find out what’s really going on with Dubai property rentals.

A tale of two Jumeirahs

It’s important to distinguish between seemingly

similar communities to understand their varying

fortunes. Situated on either side of Al Khail

Street with access to the same amenities,

Jumeirah Village Circle and Jumeirah Village

Triangle are a case in point.

Property Finder’s latest UAE real estate

market report – including commentary from

haus & haus’ Managing Director, Luke

Remington – states that the average price of

an apartment for rent in JVT fell 8.9% in the last

year. Meanwhile, the value of villas for rent in

JVC increased by 5.4% during the first 6 months

of 2018 alone.

Why the difference? Well, JVT now has

competitors when it comes to affordable, central

apartments with great facilities. Whereas there

are less options for tenants wanting to rent a

villa close to the city centre, so JVC remains

in demand. JVC is also close to excellent

schools which always makes it popular with

families. Knowing these micro-markets is just as

essential for buy to let landlords as tenants.

Communities on the turn

Several factors could mean increased demand

and appreciating rental rates across Dubai.

Less off plans, for example, will complete by

the end of 2018 than promised. Then there’s

the expected population growth up to and after

EXPO 2020. Plus further government initiatives –

like the 10 year visa extension – attracting more

newcomers.

So, communities such as Dubai Hills currently

have a steady supply of new villas and

apartments, but this will change when building

slows down, sending rents up. Equally, renting a

property in Dubai South now is wise if you want

to fix a competitive rate for the next year. With

more expats moving in to work on the EXPO

site, this location will become sought after.

Rent to own (RTO)

RTO is still in its early stages in Dubai, but

regulators are making it a safe practice. If you

decide an RTO scheme is the way forward,

you’re likely to find annual rent for the first 3

years is higher than average wherever you live.

This is because rental installments paid during

that period will act as your down payment.

Interestingly, RTO schemes are available in JVC

and Al Furjan, which happen to have recorded

rent increases this year. Whether or not there’s

a link it’s useful to have background knowledge

when trying to make sense of the statistics.

“Waiting for that mythical moment when rents reach rock bottom could actually be a barrier to success for both landlords and tenants.”

LETTING

For more advice on property leasing, get in touch with the award winning team at haus & haus. +971 4 302 5800 [email protected]

To get more insights about different areas within Dubai, visit our website:

https://www.hausandhaus.com/living-in-

dubai/area-guides

Nothing going on but the rent – the fall and rise of Dubai lettings

Page 16: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Page 16 | haus & haus | RERA Permit ID: 25220 | FEATURED PROPERTIES FOR RENT

For a general enquiry please call our agents on +971 4 302 5800

Springs 5, Emirates LivingAED 230,000 pa

• 5 bedrooms, 6 baths • 6,250 sq.ft

• Hattan E1 Type • Tastefully upgraded

• Italian kitchen • Marble flooring throughout

• Furnished or unfurnished • Owner occupied

• Walking distance to Meadows Town Centre

• Property reference code: DUB185753

• 4 bedrooms, 3 baths • 3,032 sq.ft

• Huge plot • Contemporary styling

• Impeccable finish

• Maintenance contract

• Fantastic landlord • Flexible cheques

• Property reference code: DUB184585

• 4 bedrooms + maids, 4 baths • 4,020 sq.ft

• Type B2 • Single row

• Immaculate condition

• Garage parking

• Available beginning of November 2018

• Property reference code: DUB140534

For more information call our leasing specialist Thomas Poulson on +971 50 506 8744 BRN: 38588

Alvorada 1, Arabian RanchesAED 250,000 pa

NEW

For more information call our leasing specialist Arta Smiltina on +971 50 230 3619 BRN: 42105

For more information call our leasing specialist Joy Eaton on +971 56 378 3261 BRN: 42307

Meadows 6, Emirates LivingAED 520,000 pa

EXCLUSIVE

NEW

Page 17: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Bespoke Kitchens, Bathrooms, Home Renovation & Fit OutWith over 10 years experience, Merrit Interiors have built up an exceptional reputation by beautifully designing and manufacturing hand crafted kitchens to European standards, bathrooms and bedrooms to homes across Dubai. With our talented team of qualified site managers, experienced interior designers and knowledgeable craftsmen, Merrit Interiors are here to help and guide you through the process from start to finish.

merritinteriors.com facebook/merritinteriors instagram/merritinteriors.dubai

M: +971 56 275 4885 +971 56 914 6446

T: +971 04 396 4967E: [email protected]

Page 18: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

Page 18 | haus & haus | RERA Permit ID: 25220 | FEATURED PROPERTIES FOR RENT

For a general enquiry please call our agents on +971 4 302 5800

• 4 bedrooms + maids, 4 baths • 4,309 sq.ft

• Type 1 • Brand new home

• Fully furnished • Desgined by an interior designer

• Unfurnished option at AED 260,000

• Fully landscaped

• Opposite park and pool

• Property reference code: DUB185963

• 5 bedrooms + maids, 4 baths • 6,000 sq.ft

• Beautifully upgraded • Furnished or unfurnished

• State of the art kitchen

• Private pool

• Outside bar & BBQ area

• Property reference code: DUB186395

For more information call our leasing specialist Thomas Poulson on +971 50 506 8744 BRN: 38588

For more information call our property specialist James Perry on +971 50 361 9659 BRN: 28291

Yasmin, Arabian RanchesAED 300,000 pa

EXCLUSIVE

Hattan 2, Emirates LivingAED 650,000 pa

NEW

Page 19: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names
Page 20: Sales | Leasing | New Developments | Property Management # ... · of their company from 49% to 100%. Targeting innovation entrepreneurs, this new law is also attracting big names

haus & haus | RERA Permit ID: 25220 | www.hausandhaus.com

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