Ellington Properties Dubai Blog Archives - Page 4 of 7

Hamama – Art That Came to Life at Belgravia II

At Ellington Properties, we recognize the value art adds to a project. Through the Ellington Art Foundation Initiative, we aim to support the local art community through collaborations to produce unconventional, contemporary art pieces. From paintings to photography, visual arts, and installations, Ellington Properties appreciates all artforms. About Hamama Ellington Art Foundation collaborated with Professor Juan Roldan, Professor Camilo Cerro, Ms. Reema Chalha, Ms. Sana Fathima and Ms. Mariam AlJuwaied from American University of Sharjah. They were commissioned to create an art installation, called “Hamama” for Belgravia III‘s lobby. Hamama is an organic expression of a controlled agitation of this flock of doves, which sprouts from its core, framing the lobby lounge, and adding depth and dimension to the space. Design Process The process included a lot of trial, error, and experimentation, as Hamama is an intricate, detailed art piece. Firstly, they began trialing with different materials and techniques that defied the conventional. However, they had to appeal to the site’s meaning and style. Subsequently, three separate project ideas were created. Each one of them, experimenting with different forms, materials, and sizes. Finally, a concept was selected after close consideration, and the chosen proposal used a monochromatic color scheme to express frozen dynamism. Hand drawings, sketch models, 3D digital modeling, parametric algorithms, and mock-up modeling were used in the extensive design phase. This continued until a flexible architecture was built from a single unit that can be assembled into a transformable module. Furthermore, several versions of the unit were created with a scale and color hierarchy, then heat-bent into complicated shapes. This was to create a multi-dimensional representation of a flight of doves photographed in mid-flight. Joined together, they form the final structure of Hamama. Hamama Installation The art piece is made up of three layers, which have been heat bent into dynamic shapes and linked with other units, generating an iterative module. The central module in the system uses 8mm thick units, which then branch out into thinner 6mm and 4mm sub-units. Moreover, the frosted primary units bring visual sophistication to the piece by allowing light to bounce off and cause dynamic reflections. The transparent secondary units add subtle texture to the installation by connecting to the ends of the primary units and emphasizing the frozen movement. Metallic fasteners bind the heat bent parts via a four-point delivery mechanism between the ‘wings’ of the pieces. The way Hamama is suspended from the ceiling is through a robust pulley and wooden counterweight system. This contracts the fluidity of the acrylic to create an over-all balance between the art and the mechanism. Three black ropes are strung through the acrylic composition and secured to a large wooden stopper. Thus, distributing the suspended weight and securing the attachment inside the counterweight. The wooden floor-mounted counterweight was intended to work as an autonomous sculpture. However, also acting as a counter-load to mechanically lower the sculpture for annual maintenance. The counterweight was made to allow a single individual to quickly float down the 50 kg sculpture. This is done by opening the padlock at the back of the sculpture and unraveling the rope. Thus, this raises the upper wooden section from the floor mounted anchor to float 1m off the floor. Awards Hamama received an award by Harpers Bazaar Arabia for Best Collaboration during The Sixth Edition of Bazaar Interiors Awards 2020. Furthermore, Hamama has been mentioned in several magazines across the region. Awards ranged from Gulf Business, Gulf Today, Zawya and more, recognizing the creative and unique aspects of the installation.

Hydroponic Gardens: Go-to Guide

At Ellington Properties, we create beautiful homes that do not compromise on space and functionality. Our apartments come with balconies and have become an integral part of our design and development. Making them spacious was key to help in providing residents with spaces to move and breathe. Our townhouses and villas include big terraces that suit different activities, such as hydroponic gardening, gathering and even BBQ. Many people who live in apartments struggle with growing plants in their balconies because of the mess and the bugs. However, you don’t need soil, you can use a hydroponic garden. WHAT IS A HYDROPONIC GARDEN? A hydroponic garden allows you to grow herbs, vegetables, and greens without the need for soil, by using nutrient-rich water to sustain the plants. With this smaller water-based system, you will be able to focus all your resources on growing your plants and less on problems of upkeep, such as pest and weed control. Hydroponic gardens are easy for new gardeners and are a fun DIY project. If you’re a seasoned gardener, you’ll enjoy this fascinating variety in this clean growing medium of cultivating plants. HOW IT WORKS The nutrient solution is poured into the water. The plants are given artificial support because there is no soil; by putting them in growing media and net containers. The nutrient solution is then distributed to the plant’s roots directly, which can be accomplished by different methods, such as a pump or dripper. BENEFITS There are many benefits to choosing a hydroponic system in an apartment, rather than a soil based garden. Firstly, they do not require much space, which is convenient for residents with tighter apartments and spaces. Secondly, they reduce the risk of pests and thus, eliminates the need for pesticides. Lastly, but most importantly, they need less water, which makes them not only efficient, but also eco-friendly. HOW TO BUILD A HYDROPONIC GARDEN 1- Choosing the type of Hydroponic System The first step in the process of building a hydroponic system, is choosing the type. There are six different types, which are: DWC (Deep Water Culture), Wick System, Ebb and Flow, Drip, N.F.T. (Nutrient Film Technology), and Aeroponic systems. One of the simplest types of hydroponic systems is DWC, where the roots are suspended in a nutrient solution. However, a pump and channel are used by the nutrient film technique (NFT) to deliver a thin, steady stream of nutrient solution to the roots. This type of hydroponic system is more complex and requires more maintenance. 2- Choose the plants you want to grow For hydroponic gardening, herbs work well because they are smaller and because when cooking, it is good to have fresh herbs nearby. For hydroponic gardens, lightweight, small-root plants such as loose-leaf lettuce, spinach, and kale are a good option. You can grow larger plants like tomatoes, strawberries, and celery in a hydroponic garden, depending on the scale and robustness of your growing area. However, root vegetables are not a good match, such as potatoes, carrots, and onions. 3- Get the necessary materials There are several places you can purchase your materials from, such as gardening shops, ACE hardware, Greener Crop, Beyond Hydroponics, H2O Hydroponics and more. If you’re not looking for something that you will have to personally build, you can purchase readymade systems online, as well as browse different options and designs. As for building systems from scratch, you would need to get the appropriate materials and products, based on the type of hydroponic garden you’ve chosen to create. For example, the essentials for a Deep Water Culture (DWC) system are: a storage container or bucket, net pots, an air pump with air stone, hard water liquid nutrients (a & b), pH meter, pH down, measuring beaker, pipettes, hole saw, and a drill. Depending on what system you need, you will have to purchase additional materials. For example, if you wanted to build a more complicated system like the nutrient film technique (NFT), you will need to have a water pump for your nutrients and a PVC pipe. 4- Maintain your Hydroponic Garden Just like normal plants, ones grown in a Hydroponic Garden require maintenance to grow. Check your parts to make sure they’re secure, while periodically changing your nutrients. Another vital part of a hydroponic system’s growth is maintaining pH levels, which should be slightly acidic. The way to do that is by adding the pH down, and using filtered water, not just tap.

Mortgages: the 5 different types available in the UAE

Many people dream of buying property, which can often be a long and difficult process from day one until the key handover. As people search for the right apartment or villas, get the paperwork done, visit multiple sites, and have meetings, it’s becomes a long and arduous process. Dubai real estate has seen an increased interest in property investments from local and overseas buyers. Along it, is the demand for property mortgages. There are different types of mortgages in Dubai, and it is of huge importance to make the right decision. At Ellington Properties, we provide easy payment plans for our homebuyers and investors, allowing them to pay as part of a 50/50 payment plan. Many of our clients pay the remaining 50% with a mortgage. For that reason, we have compiled a guide to the different types of mortgages available in the UAE. BACKGROUND ON MORTGAGES In the simplest terms, a mortgage is a loan you would take from a bank or individual that gives them the right to take your property if you fail to pay back the money you’ve borrowed, in addition to the interest. People often take on a mortgage to purchase properties. UAE CENTRAL BANK Central Bank of the UAE decides the interest rates. Every business day, banks provide their rates, and the central bank will remove both the highest and lowest rate and use the rest to create an average. They will then post the rate on their website at 11 am every day. HOW DO BANKS CALCULATE THEIR RATES? Some banks are linked to the Emirates Interbank Offered Rate (EIBOR), which is why banks or lenders have different rates. These rates are for what banks charge when they borrow from each other. The EIBOR is a panel of 10-12 banks, and its job is to ensure stability by regulating these rates. However, the rates could potentially fluctuate due to oil prices, or the liquidity of the market. If liquidity is tight, rates go up, and if deposits rise, the rates go down. TYPES OF MORTGAGES AVAILABLE IN THE UAE For those looking for mortgage options, there are different types depending on your needs and situation. The interest rates depend on the factors mentioned above, as well as others such as the amount, the time, and the type of mortgage. FIXED RATE MORTGAGE The interest rate is set before the loan period starts in a fixed-rate mortgage. Also, during the pre-agreed duration, which is normally under five years, this rate does not change. In this scheme, there are obvious incentives but to consider all the available mortgage forms in Dubai, it’s helpful to research the market or seek expert help, because a fixed-rate mortgage is not the safest choice if rates seem to be in decline. If the business condition shifts and prices go downwards, you would be left with the initial rate. Alternatively, if the prices go higher, the fixed-lower-rate would be an advantage. Regardless of how the market moves, the interest rate will remain the same. VARIABLE INTEREST RATES OR FLOATING INTEREST RATES For variable interest rate mortgages, the interest rate can vary based on market conditions over the repayment period. When market dynamics determine, you can end up with a good offer, or even end up paying a higher rate of return. Depending on the market itself, your rate could increase or decrease dramatically at any time. For this reason, it is important to make sure you have the financial liquidity to manage any rise in repayments if you apply for this form of loan. CAPPED MORTGAGE For people worried about having their rates increase to a point that they can’t afford, but who want a floating interest mortgage, a capped mortgage is an option. Capped mortgages are the only rate types that have payment stability, other than fixed rates. The capped mortgage was introduced as an exclusive deal for a short period, and is defined by the fact that before the loan period starts, a maximum rate is set. If the market increases beyond that limit, it will not affect you, but if the market declines, you will be at an advantage. The monthly installment would not go above the predefined limit regardless of the market. OFFSET MORTGAGE A conventional mortgage is combined with one or more savings accounts at the same financial institution to provide an offset mortgage, which is a recent term that only a few lenders offer in the UAE. Loan holders can connect their savings account, current account, credit card account and the loan account under an offset mortgage. Whenever any funds on some of the accounts are paid, the value of the debt is decreased by an offset of the amount credited. Therefore, you might pay a lower rate of interest in the long term by periodically offsetting the amount. REMORTGAGE A remortgage is a loan on an existing mortgage or, in basic words, a transfer to a new lender. It is named as balance transfer in the UAE. Interestingly, the same provider can offer this new loan, or you can find a new one. Many times, even if the interest rate on the original loan is low, individuals apply for a remortgage because they require extra funds. The smaller your loan-to-value (LTV), the more mortgage options you can have. You can calculate your LTV by dividing your remaining mortgage balance by the current value of your home. WHAT BANKS PROVIDE MORTGAGE LOANS? There are many banks in the UAE that provide mortgages to both residents and international investors, such as: FAB Emirates NBD ADCB ADIB CBD RAKBANK Standard Charter Bank Mashreq Bank HSBC DIB

DOWNTOWN DUBAI’S DT1 LIVING EXPERIENCE

When people look for a place to live, they often look for a great living experience. A place that feels like an extension of their home and provides a place to socialize with friends and family. While offering recreational areas like gyms, yoga retreats and more. DT1 offers its residents a premium lifestyle that cannot be compared in Downtown Dubai. It includes units that range from studios, one, two and three bedrooms and penthouses. THE LOBBY & ART The lobby experience in DT1 is unique. With dark colors, minimal lines, a welcoming interior and a central art piece. The art piece is a creation of Neel Shukla as part of the Ellington Art Foundation initiative to promote Dubai-based artists. Called “The Levitate”, it is a dynamic installation, made to reflect the class and sophistication of the project. Neel Shukla took inspiration from the raw materials used. He formulated them to create artwork that will embody the atmosphere and aura of DT1. A key element was using natural light to reflect its elegance. Next to it, a comfortable lounging area will make all your visitors feel at home before reach the residents’ apartments. LIVING & KITCHEN AREA The kitchen in DT1 is ergonomically designed with an open plan that features integrated high-end appliances from Zanussi. It also includes hanging rails, durable and scratch-free countertops and touch technology mixers. With dark tones that are very neutral and raw, evoking a sense of modern sophistication that is more human scale. As for the living spaces and interiors of the project, they feature a mix of concrete, Corten steel and wood. Technology is an integral part of DT1, which is why they include pop-up USB hubs that are easily located in every corner of the house. TERRACE AND BALCONIES DT1 has large balconies that provide spaces for people to have a cup of coffee, read a book, and breathe fresh air. Balconies have become important factors to consider when looking for a house. That’s because residents have seen the value of having fresh air every day, especially during the pandemic. Now, balconies are in demand, which is why DT1 includes a terrace that can be used for recreational activities. The terrace is an open space that allows people to come together, whether it be kids or adults. It is a dynamic area that’s made to help people connect and socialize. AMENITIES Pool In DT1, there are two pools on the podium level, a lap pool and a relaxing pool. Made to mimic the feeling of a hotel, they combine beautiful blue water with stunning views of the Dubai skyline. Overlooking Downtown Dubai, the pools offer scenery of the city, with high rise buildings and beautiful skies. The lap pool is made for swimming fast and deep, and provides residents with a space for fitness and working out. It is also a learning space for those who want to become better at swimming. Gym For those who enjoy fitness, DT1 has a state-of-the-art fitness center that is fully equipped. Made specifically to offer you everything necessary to work out, you forget the need for a gym membership. The gym has the highest quality of machines from Technogym, weights, and even an outdoor exercise area. The terraces include a yoga retreat, which is available for all residents and their families to use and enjoy. Kids Play Area It is vital to have a dedicated area for children to play, socialize and discover the world around them. The kids play area is filled with sensory games, seating places, and cushiony flooring in case children fall on it. The area is located strategically, close to the clubhouse and gym. This way, it allows kids to have their own space to play and socialize, while giving parents the opportunity to relax. Clubhouse For those who want to throw a gathering and invite friends over, the clubhouse is perfect. It includes a kitchen with a fridge, cabinets and a sink to wash your dishes before taking them back home. The clubhouse offers a number of seating space, for people to socialize and communicate. It also provides a dining table, so that residents can bring their food, sit and eat. The area is a multi-use dynamic space that can be booked for events such as birthdays and celebrations. DOWNTOWN DUBAI ACCESS Known for its high-end clothing stores such as Dior, Chanel, Cartier and Hublot, and famous restaurants and cafes, Downtown is home to all sorts of luxurious lifestyles. Settled in the heart of Downtown, DT1 has direct connections with many places. Business Bay and Emaar Square for work, Dubai mall for shopping and The Address Hotels and restaurants for food. Burj Khalifa is another monumental landmark close to DT1, which includes the famous Armani Hotel, At The Top. DT1 is placed minutes away from Dubai Opera, Emaar Park and Bay Avenue. It has access to Sheikh Zayed Road, the main highway in Dubai, connecting it to all parts of the city. DT1’s location allows its residents to access to all parts of the city easily within few minutes. This could be through car or by using the Dubai Metro. Dubai has many metro stations that carry a large number of passengers comfortably, while being fast and sustainable. Due to that, many residents of Downtown Dubai and Business Bay use them for their day to day transportation. People in Dubai travel often, and the airport is always buzzing with businessmen and tourists. Thus, it is important for a key area like Downtown to be within close range to the airport. Being a hotspot for tourists, there is no wonder why it is filled with hotels, shopping centers and restaurants.

Developments to open in Jumeirah Village Circle

As a master developed area by Nakheel, Jumeirah Village Circle is a promising family living destination with several lifestyle developments. Commonly known as JVC, it has become one of the most sought-after investment areas. Therefore, It attracts families looking to rent modern apartments far from the buzz of Downtown or Dubai Marina. From shopping malls and clubs to new communities, Jumeirah Village Circle will house several new and exciting developments. In Jumeirah Village Circle CIRCLE MALL The Circle Mall is a key commercial development by Nakheel Properties in Jumeirah Village Circle. With an area of over 432,000 square feet, 235 shops, a supermarket, 2 department stores, health clinic, food court and cinema by Oscar Cinemas. BELGRAVIA III One of the key residential developments in Jumeirah Village Circle is Belgravia III by Ellington Properties. It is a family friendly community of casual and bright apartments focused on creating a fun and vibrant home environment. Created with community living in mind, Belgravia III offers residents ample space to connect, share and grow. Behind the bold contemporary exterior façade is a mix of spacious studio, 1 and 2 bedroom apartments. Belgravia III extended the distinct Belgravia Series identity, and became a great addition to it. BELGRAVIA HEIGHTS The first high-rise building by Ellington Properties is Belgravia Heights. The project is developed with the concept of the dynamic design philosophy and driven by a new “Residential Movement”. Moreover, Belgravia Heights is a representation of how Ellington Properties crafts living spaces without compromising on space or quality. It entails distinct features that promotes comfort and functionality. With 155 units, the project offers 1 and 2 bedroom units built with bespoke interiors and stylish exteriors. BELGRAVIA SQUARE Set to become an icon of contemporary architecture, Belgravia Square by Ellington Properties is a new development in JVC. Made up of two ‘L-shaped’ buildings that face each other, it has 225 spacious studios, 1 and 2 bedroom apartments. Targeted towards home buyers who value aesthetics and design along with contemporary community living, Belgravia Square has become a favorite. With its grey façade with bold horizontal lines, it creates a unique and modern look. The wood texture and vibrant lighting balances the greys and creates a warm glow. Other developments nearby EXPO The much-anticipated EXPO2020 is taking place in 2021 in Dubai. It was planned for 2020, but the organizers changed the dates because of the worldwide pandemic that stopped travel. As a result, EXPO 2020 will run from 1 October 2021 and will run until 31 March 2022. The massive event will see countries from around the world, show their vision and plans for the future. Therefore, this will be done through specially built and architecturally extravagant pavilions. There is set to be shopping, dining and so many more offerings, and Expo 2020 will be set during the UAE’s 50th anniversary, making it even more special. TOPGOLF A new hotspot has opened in Dubai, and its all about golfing! TopGolf at Emirates Golf Club is open for visitors of all experience levels. The facility includes a three-level entertainment venue and a rooftop terrace. It covers more than 60,000 square feet and offers immersive golf activities, live music, dining and more. However, It doesn’t matter if you’re a golf fan or not, TopGolf promises you a fun and exciting time with its 96 climate-controlled hitting bays. Moreover, Topgolf has three restaurants, a shopping space, three luxurious VIP suites, large sports watching TV screens, a mini-golf course and live music. It overlooks the Dubai Marina skyline, so that no matter the occasion, it’s a perfect spot to unwind. AIN DUBAI One of the developments that has been years in the making is finally ready. The world’s biggest Ferris wheel is right here in Bluewaters, Dubai. With this in mind, the observation wheel stands at a height of 210m and provides a 360 degree view of Dubai’s skyline. Therefore, you can see all the famous landmarks, such as Burj Al Arab and Burj Khalifa. Furthermore, A mall, shops, homes and a souk encircled the Ferris Wheel . Alongside that, the base of the wheel will feature a large sized entertainment screen for multiple uses. MUSEUM OF THE FUTURE One of the most eye catching and innovative projects in Dubai is the Museum of the Future. A “showcase for a new era”, it is a center of imagination and optimism where our common future can be heard, touched and formed. In addition, The Museum of the Future incorporates exhibition elements, interactive theater and thematic attractions, inviting you to look beyond the present. It will include 4 floors of interactive exhibitions, which will focus on different topics, for example outer space resource development, ecosystems and bioengineering. Other floors will focus on technologies which will transform our world in areas such as health, water and food, transportation, and energy.

WINTER ACTIVITIES IN DUBAI

Winter in Dubai is unique and attracts tourists looking for a cool weather that is not extremely cold or rainy. During this season, many festivities and activities are opening for people who enjoy both the outdoors and indoors. Residents and visitors have many options this year, and we complied a list of festivals, outdoor and indoor activities to help you make a better decision. FESTIVALS Dubai Shopping Festival Dubai residents love festivals, as they bring colorful light shows, food from around the world, and music every year. This winter, it starts off with the yearly Dubai Shopping Festival. It offers mega sales on everything you can imagine, with activations and special events in different locations in the city. Dubai Shopping Festival takes places in centers such as Dubai Mall, Mall of The Emirates and Mercato Mall. Habtoor Palace Winter Garden For lovers of outdoor festivals, Habtoor Palace Winter Garden is the perfect place to enjoy the cold with your pets. It’s a Christmas market offering kiosks for food and retail with a variety of activities to entertain children. Global Village Have you ever imagined experiencing shopping, food and games from all around the world at once? Global Village is a multi-cultural event featuring a range of different countries with numerous pavilions. You can browse ethnic dishes, clothes, and more while watching traditional dances and listening to folklore music. Global Village is especially popular among tourists and food lovers because of the different booths selling their local street foods. Countries that participate range from Thailand, Netherland, Egypt and so on! In addition to all of this, there are amusement rides for the whole family to enjoy. If you’re looking for some family-friendly entertainment, Global Village is the ideal destination. Fountain View Having a meal with the view of Burj Khalifa and the fountain in the winter is a relaxing experience. Situated next to Dubai Mall, the fountain area in Downtown Dubai has restaurants with a direct view of the water. Enjoy the entertaining shows that involve music and dancing fountains for a romantic yet relaxing time. Dubai Miracle Garden For lovers of nature, Dubai Miracle Garden provides visitors with an unforgettable experience with live shows and events. But what give the garden it’s miracle vibe are the millions of flowers used to create unique decorations everywhere. Next door is Dubai Butterfly Garden, the world’s largest butterfly garden featuring 15,000 butterflies of 26 different kinds. WINTER OUTDOOR ACTIVITIES Hiking For the lovers of sports and adventure, there is a variety of different activities you can take part in. Hiking in Ras Al Khaimah has become a favorite of many, with paths made for beginners and experts alike. With good weather and wonderful views of the mountains, it is easy to see why many people enjoy hiking. The available paths include Wadi Ghalilah, Jebel Jais, Jebel Qada’ah and Wadi Shawka. Kayak An activity for people who love the sea is kayaking in Hatta, which provides you with clear waters and exciting experiences. There are water activities are also available for your enjoyment, such as Pedalo’s, water bikes and donut boats. Cycling Dubai is renowned for its crowded roads and fast vehicles, but the changing weather offers many safe places for cycling. People enjoy cycling in Al Qudra, Nad Al Sheba, Al Warqa’a Jogging and Cycling Track, and Dubai Autodrome. With the weather cooling down and the forthcoming Dubai Fitness Challenge, this winter is the perfect time. Camping Continuing with the trend of outdoor activities, a favorite of many people is camping in the desert and mountains. Many go to Qudra, Ruwaiya and Hatta and enjoy a night under the stars, surrounded by the aroma of a campfire and barbecue. It is understandable why many residents leave the city to go camping on the weekends. HOME ACTIVITIES Events Living in a community has many benefits, such as events that entertain and provide an opportunity to socialize. From events targeted at spreading awareness such as Breast Cancer Awareness Day, to spreading the holiday spirit during Christmas. Our events at Eaton Place and Belgravia 2 in Jumeirah Village Circle are aimed at creating a space for people to learn and socialize. Yoga Many people are doing yoga as an activity to provide clarity of mind, while helping the body become stronger and leaner. Our properties like DT1 offer yoga retreats, so that residents can spend some time relaxing in the fresh air. However, some people prefer simpler options, such as sitting by the pool and reading a book. When the weather gets colder, people opt to take the indoors outdoors. Instead of sitting at home reading a book, they can sit by the pool and listen to the water as they flip through their pages. Fitness A healthy mind is in a healthy body, which is why getting at least an hour’s worth of working out is important for a sustainable and happy life. Not only is exercise a fantastic way to build a lean body, strong muscles and a healthy heart, but it has also been shown to help keep us emotionally fit. Ellington Properties’ project in Downtown Dubai, DT1, close to Dubai Mall and Burj Khalifa, includes a state-of-the-art gym, with all the necessary equipment for a full body workout that replaces the need for any gym membership.

Dubai Real Estate market shifts to virtual 360 tours

HOW DUBAI REAL ESTATE MARKET WAS AFFECTED BY COVID-19

In 2020, the Coronavirus pandemic had a clear impact on people’s life across the globe, physically, mentally and financially. It shifted the way we think and changed our daily routines and priorities. People who used to go out to eat at restaurants had to order in. Those who went to work five times a week had to adjust to remote working. The pandemic has changed us and the world economy significantly in all aspects, including the Dubai real estate market. Since the Dubai real estate market relies on international investors, the travel ban at the beginning affected the market negatively. However, as one of the leading real estate developers in Dubai, we had to show flexibility and proactiveness in how we conduct business. We went through a digital switch by making all the operations such booking, payments, registration and viewing, available online. Companies started adapting 3D viewing software that allows you to walk inside the space without having to physically be there. Integrated payment platforms were introduced, such us Network for Visa, Mastercard and UnionPay, and Bitcoin Suisse for cryptocurrencies such as Bitcoin and Ethereum. Implementation of easy-to-use forms for registration and file management systems for documents uploads and exchange. Brokers, clients and developers in Dubai are using a digital process through Zoom or Team. They are using them for meetings, virtual trainings and presentations, and more. With offices equipped with big screens, our property consultants are ready to join zoom meetings and use 360 virtual tours to assist clients anytime. Technology is allowing them to do things faster, with more efficiency and ease. Alongside the change in the digital process, customers’ tastes have also changed, needing living spaces that suit the “new normal”. We saw an increased demand for units that provide open spaces such as balconies, pools, gardens, clubhouses, courtyard and terraces. The need for fresh air and spaces to exercise were due to the promotion of a healthy lifestyle during the pandemic. With connection to outdoors, balconies have been a vital factor in selecting a one bedroom, two-bedroom apartment and even townhouses. This caused a realization that the community must become an extension of the residents living spaces. These changes positively impacted projects such as Belgravia 3 in Jumeirah Village Circle and Wilton Park Residences in Mohammed Bin Rashid City. Those projects are self-sufficient communities that offer residents everything they need within the community. With spaces such as gardens, terraces, balconies and yoga retreats, Belgravia 3 and Wilton Park Residences fulfill the demand for spaces that brings the outdoors, indoors. The pandemic has had a strong effect on the economy in Dubai during the lock-down. In such situations, it is important for people to have a passive income from investments such as real estate. A passive income means earnings obtained from rented property, limited partnership, or any other undertaking. It also means that a person does not partake in an active involvement in it. It is important because it creates a security net that provides stability and financial freedom. In 2020, Ellington Properties partnered with Smartcrowd to offer a shared investment in Eaton Place. The prices start as low as AED 5,000. This generates a good ROI without having to invest in a full apartment. Many investors are becoming share-owners of the same apartment, getting returns pro-rated to their investment share. There is no doubt that the pandemic has changed the world, and created a shift in Dubai’s real estate market. People adapted to this new normal, and so has the market. It provided residences such as the Belgravia Series, Wilton Park Residences and Wilton Terraces. Communities have become more family-oriented and self-sufficient, providing their residents with all the necessities.

5 reasons why MBR City is the hotspot for property investment

Top 5 reasons that make MBR City the hotspot for property investment in Dubai for 2021 and beyond

Over the years, property investment drew the attention of many people, and proved to be a sound investment. Whether you are an expert on the field or a beginner looking for your first investment, you will be always looking for locations that generate the best returns in terms of ROI, capital gains and lifestyle offerings. Mohammed Bin Rashid City, also known as MBR City, is one of the most-anticipated mixed-use developments in Dubai and the gulf region. Envisioned and developed as a city within the city by the ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, and thus it was named after him. MBR City is the hotspot for property investments in Dubai for 2021 and beyond, and we will share with you five reasons why. LOCATION Location is an extremely important element in property investment, as it is the key driver for a sound and strategic investment. Mohammed Bin Rashid City is located along the roads of Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road, Al Ain-Dubai Road and Al Khail Road. This new master-community in Dubai is well-connected to the rest of the city, with access to all major highways and streets. Our projects are located within the Meydan district, which is just five minutes away from Downtown Dubai and Burj Khalifa, Emaar Square, Dubai Mall and just south of Business Bay. The Meydan District takes the best spot in terms of location with easy access to Dubai’s commercial and business centers, as well as leisure and entertainment areas. The International Airport is just 10 minutes away, providing an easy travel connection to all residents, international travelers and visitors. PROPERTIES The type and characteristics of properties are essential for property investments. Attractive plots or houses with well-to-do infrastructures, good and open-plan layouts attract tenants, in such that a property with attractive features makes a handful of returns. Mohammed Bin Rashid City offers a mix of commercial and residential communities from several developments such as Meydan City, Dubai Hills Estate, Sobha Hartland and District One. The community offers a wide selection of luxurious apartments and villas and mid-range townhouses and residential apartments within sustainable communities developed and built according to green living standards. Ellington Properties award-winning developments in MBR City, Wilton Terraces and Wilton Park Residences features a sustainable and eco-friendly residential living experience perfectly located in the middle of lush parklands, with an overlooking view of the Ras Al Khor Wildlife Sanctuary and the city skyline of Downtown Dubai. Wilton Park Residences offers residents with a natural living experience, with its design and development taking advantage of its natural surroundings. The amenities are inspired by top-luxurious resorts such as an infinity pool, highly appointed gymnasium and kids’ areas featuring multiple play zones for various play activities. The residences feature open-plan layouts, well-equipped kitchen and floor-to-ceiling windows, all built within the practice of biophilic design. LIFESTYLE AND OFFERINGS A profitable real estate investment also focuses on the key offerings and experiences its potential residents get, as tenants tends to focus on convenience and comfort when choosing for a house to live and stay. Mohammed Bin Rashid City is set to become the family and tourist destination in Dubai with services, facilities and amenities to cater to multiple cultural backgrounds. Shopping and Retail Meydan One Mall, envisioned to be the home of the world’s longest indoor ski slope, will feature 550 retail outlets including a 13,200 square meter hypermarket. The Meydan One Mall is one of the most highly anticipated developments in the city that will redefine the ultimate retail experience. Entertainment and Leisure Crystal Lagoons is set to be the largest man-made lagoon in the world. Inspired by the Caribbean, the lagoon covers about 7 kilometers of clear turquoise waters and palm trees, surrounded by corporate towers, parks and residential developments. Meydan Golf Course, a unique 9-hole course spanning over 7,412 yards of tee options and natural lakes, will operate with a pay and play concept ideal for visitors. The Track, Meydan Golf Course is the newest course for all the golf lovers in Dubai. Meydan Racecourse and Grandstand boasts two-horse-racing tracks spanning over 1.5 kilometres with a spectacular facility that can cover up to 80,000 visitors. Schools and Universities North London Collegiate School located within Sobha Hartland in MBR City, is a 38,000 sq/m campus offering international curriculum standards dedicated to promoting the holistic developments of students. NLCS Dubai is just 1 minute away from Wilton Terraces and Wilton Park Residences. Hartland International School follows the UK curriculum educational system offering primary and secondary program committed to delivering the best educational experience. Situated within the Sobha Hartland community, it is 1 minute away from Ellington Properties projects, Wilton Terraces and Wilton Park Residences. APRECIATION POTENTIAL Appreciation is the real upside of real estate investment. A property investment should have a strong appreciation potential in terms of the neighborhood and the property. Mohammed Bin Rashid City is one of the highly anticipated developments in Dubai because of its promising vision to deliver world-class entertainment and unique residential offerings. Some of the developments are forecasted to break records and is expected to compete against the world’s best. Tagged as city within the city, MBR City will become the new Downtown of Dubai. To-date it has not yet been fully developed, however with Dubai’s history of delivering results and paving ways to innovative changes, backed by certain economic stimulus and strong government support, the community is showing good prediction reports with market trends expected to go upward. This means that it will create a high demand in the market, both primary and secondary, for the next two years. ZERO TAX A property investment without paying taxes on rental income and capital gains is a win-win situation. Dubai is a tax-free Emirate, making it one of the hotspots for investments for both foreign and local investors. Properties in Dubai have zero tax, and this makes it one of the cheapest cities for property investments globally. Residential properties in MBR City

REAL ESTATE CROWDFUNDING 101

An Introduction to Real Estate Crowdfunding In a layman’s term, crowdfunding means pooling money collectively from a group of investors to make an investment and gain returns depending on the percentage contributed. Accordingly, the same approach has been introduced to real estate for centuries now. Husbands and wives and their parents and siblings collectively bought property, neighbours or institutions coming together to purchase a property and enjoying the investment returns as per the shares contributed. Relatively the same concept and approach is what nowadays, we call real estate crowdfunding. With the help of technology and modernization, real estate crowdfunding has been enhanced over time with the use of online transactions and platforms which makes it easier for the investor to purchase a property as well as to fund the investment property through the internet. Today, real estate crowdfunding allows investors to select, review, and assess properties through crowdfunding platforms, securely sign documents, transfer funds and have access to multiple data concerning the returns or gains in the pro-rated investment. Ellington Properties introduced Eaton Place apartment for Crowfunding Ellington Properties, Dubai’s leading real estate developer offering premium luxury apartments and townhouses continues to challenge the real estate market in Dubai by introducing a new concept to property investing and help small investors to build their portfolios before fully diving into a rental property. Ellington Properties in partnership with SmartCrowd launched an opportunity to invest in one of the newly delivered projects in Jumeirah Village Circle, Eaton Place. Eaton Place is the first luxury property in the platform that offers an above market average dividend yield of 7.21% with guaranteed rental returns of two years. From as low as AED 5,000, an investor can become a part-owner of a one bedroom apartment in the most-sought after locations in Dubai. Contrary to the popular belief that premium residential properties generate low returns as the demand for affordable properties are higher for renters especially during these tough times. However, with Ellington Properties’ proven track record of 96% occupancy rates in all delivered projects in Jumeirah Village Circle, and a consistent all-time high tenant retention, the demand for high-quality residences are greater than the affordable ones as tenants tends to focus on the healthy lifestyle offerings and design quality of homes they want to live in. In an investment perspective, Eaton Place guarantees a high rental return with minimal expenses to be deducted on the rental income as the property is new and all the amenities are in perfect condition, which further appeals to an investor to capitalize on. Benefits of Real Estate Crowdfunding As low as AED 5,000, an investor can invest in a property without the need to borrow extensively to start his/her real estate investment portfolio. Regulated and transparent investment that uses a fully registered investment structure to support the investment scheme and allows investors to monitor results. Easy and convenient way of investing with access to multiple investment properties through online and digital platforms. Gain market insights on how property investment works, rental performances and market volatility prior to fully expanding into a full ownership rental property. Allows portfolio diversification especially for big-time investors and helps reduce risk yet optimizes earnings. Less paperwork and minimum time management as all transactions are done online from selection of properties, investment and payments to receiving dividends or shares. An alternative to stocks with lower risk, as real estate is less volatile to the market situations especially during the global pandemic. Direct reward-based concept that generates dividends from the rental income and capital gains on basis of appreciation value. The Major Actor in the Middle East Following the success of crowdfunding, also called tokenization in other global cities, the new investment scheme has paved its way in the United Arab Emirates, and creating a positive trend in the market, especially in the real estate sector. Dubai, in recent years has been a major player in the real estate world, producing and generating higher rental yields compared to other metropolitan hubs, and offering prime luxury residences lower than other cities in comparison. And this tends to attract international investors as well as small-time investors to keep an eye for new opportunities in Dubai’s real estate market. SmartCrowd, MENA’s first and only regulated real estate crowdfunding platform has been the major key player in real estate crowdfunding in the UAE and the Middle East. Registered in the Dubai International Financial Centre (“DIFC”) and regulated by the Dubai Financial Services Authority (“DFSA”), it provides investors to reap the benefits of a direct real estate investment while minimizing risks and offering an easy and convenient way to invest in a property.

What’s new in Dubai in 2020

As the world came to a halt and the global economy tumbled into a spiral downturn brought about by the Covid-19 pandemic, the situation did not discourage Dubai and Ellington Properties to push forward and create better experiences for visitors and customers, as well introducing new places and concepts to visit and experience. New Destinations for families delivered While the concept of travelling for leisure might be far-fetched and unsafe, Dubai residents wake up each day with new things to discover and explore because Dubai has a habit of setting new standards and thrives along even with the uncertain times. Nakheel Mall A shopping destination in the heart of Palm Jumeirah, the mall features dining, retail, leisure and entertainment options for families with a stunning view of The Palm. Directly connected to the Palm’s monorail station, the mall is conveniently accessible to all residents and visitors. Hatta Wadi Hub Situated in the Dubai-Hatta Road, it offers a refreshing and mountainous escape to adventure seeking residents. It has a diverse offering of mountain biking rides, hiking activity, archery and trampoline jumping. The nearby Hatta Heritage Village also offers a trip down the Emirates historical lane, while the neighboring Hatta Dam calls for a kayak adventure. Al Shindagha Museum Nestled along the waters of Dubai Creek, the museum speaks of Dubai’s rich history and culture. Featuring an interactive tour of videos, photographs and artefacts, the museum showcases the development of Dubai from a fishing village to a mega hub. UPCOMING LIFESTYLE DESTINATIONS FOR THE COMMUNITY Dubai is unstoppable and not even a pandemic can stop the city from its remarkable transition from a city of backwater to a modern city driven by innovation. Dubai continues to emerge and introduce positive trends in the global scenario with the expected delivery of additional lifestyle and architectural landscapes in the region. Museum of the Future The most awaited iconic structure in Dubai. Located just right off Sheikh Zayed Road within close distance to Downtown Dubai, the museum will feature a research centre, labs, classrooms and space for visitors to experience new technologies and will serve as a capital platform for future innovations. Mohammed Bin Rashid Library Launched in 2016, the library is expected to welcome avid book readers and research enthusiasts this year with a design that will resemble an open book. A newest addition to Dubai’s amazing architectural landscape, the library will feature more than 4 million books and a collection of documents, references, articles, newspapers and publications. Ain Dubai The crown jewel of Bluewaters Island in JBR, the Ain Dubai will be the world’s tallest observation wheel of over 250-metre high and offers a 360-degree view of Dubai skyline and the coast of Palm Jumeirah. Zombie Apocalypse Park Located in the Night Market in Deira, the park will be a giant 65,000 square foot entertainment zone perfect for thrill-loving kids. Tagged as one of the biggest zombie-themed parks in the world with 12 attractions including a haunted house, archery, trampolines, target shooting and zombie apocalypse attack. WHAT’S NEW FROM ELLINGTON PROPERTIES Moving ahead with big developments this year, when it comes to Dubai Properties, Ellington Properties has its own share of news in 2020. Near completion of DT1 in Downtown Dubai DT1, the flagship project of Ellington Properties in Downtown Dubai, with its edgy and slick modern designs are set to handover luxury apartment units to its homeowners this year. DT1 will open its doors to residents and investors with a unique proposition in one of the best communities in Dubai. With its award-winning architectural design and modern finishes, homeowners will expect a brand-new apartment with beautiful interior finishes and spacious layouts designed with maximum space utilization. The homes feature laminated and lacquer details with elements of concrete, Corten steel and wood. The kitchen comes with a built-in Miele appliances, under mount sinks and creative joinery details. The residential tower will feature a state-of-the-art gym, podium-level leisure and lap pool and the much anticipated DT1 Art Gallery. Close to Burj Khalifa and Dubai Mall, DT1 will be one of the most exquisite additions of residences in Downtown Dubai in 2020. Delivering homes in Eaton Place, Jumeirah Village Circle With the start of handover in Q4 2019 till-date, homeowners of Eaton Place are enjoying their brand-new apartments and getting all the indulgence of modern living from the resort-style amenities. A place for the family, Eaton Place is one of the newest self-sustained residential communities in JVC. The landscaped garden in the center of the residential block is ideal for afternoon walks with the pets or a place for lounging, while the swimming pool has a dedicated lifeguard on duty keeping in mind the kid’s safety. The gym doesn’t miss its share of contemporary touch with its state-of-the-art equipment perfect for the fitness-savvy, while the apartments come with a fully equipped kitchen, plenty of storage spaces and spacious balconies for outdoor experiences. The handover of Eaton Place marks another milestone for Ellington Properties, and is the fourth residential project that has been handed over in JVC. Already setting benchmarks in the neighbourhoud, Eaton Place is a great addition from the collection of apartments in Jumeirah Village Circle. Expect more news about our award-winning Dubai real estate projects in the coming months.

The art of living well in Downtown Dubai

Downtown Dubai is the birthplace of Burj Khalifa, the most incredible part of the Dubai skyline, and home to upscale hotels and restaurants, luxurious residences and shopping centres. It is the central borough for business and leisure in Dubai. Well-connected to both the Northern and Southern part of the town, Downtown Dubai is the heart of the city and the most iconic neighbourhoud in Dubai. The Destination Billed by its famous tagline, “the centre of now”, Downtown Dubai is one of the major communities that offers a mix of residential, hospitality and commercial activities. The most vibrant location in the city, providing an unparalleled metropolitan lifestyle with world-class infrastructures, skyscraper hotels, famous entertainment hubs and fashion retails. It has become a major destination in the Middle East and has paved its way to global recognition as the centre of Dubai, where everything happens. Located beside Sheikh Zayed Road, the city’s major and busiest highway, it is very accessible to all major communities and regions of Dubai, and adjacently situated to two business districts, Dubai International Financial Centre and Business Bay. A self-sustained community, and home to exclusive residential complexes, Downtown Dubai community offers luxury apartments in Dubai with high-end amenities perfect for young professionals and families that are looking for an abundant lifestyle experience. Ellington Properties in Downtown Dubai Ellington Properties, as one of the top real estate companies in Dubai, driven by its vision and commitment for delivering premium homes that creates exceptional lifestyles has developed an impressive collection of apartments for sale in Downtown Dubai from its award-winning residential high-rise project. DT1 is located between Burj Khalifa Boulevard and Mohammed Bin Rashid Boulevard, with a visual connection to Burj Khalifa, Boulevard District, Business Bay & Sheikh Zayed Road. The location makes the development very prominent with the views and the luxury lifestyle it provides to its residents. The amenities are directed to take advantage of the mesmerizing views of the Dubai Skyline. A true classic among the exclusive residences in Downtown Dubai. Residences at DT1 Designed from the ‘inside-out’, the approach towards the architecture of DT1 places emphasis on the expression of unique residences wrapped with an understated luxury. DT1 is a residential tower with an edgy and slick statement on the urban qualities of Downtown Dubai. Tailored and sophisticated, the feel is very much a mix of concrete, Corten steel and wood. The colour palette is very neutral and raw, evoking a sense of modern sophistication that is more human scale than the other towers in the area. DT1 speaks of emotions with colours and scents that are gentle, sensitive and pleasing without overdoing it. Going by the mantra of “elevating the art of living well”, it suggests a truly distinct lifestyle incorporating modern design items and amenities in subtlety, yet very well-thought out. The amenities of DT1 speaks for itself, with the leisure and lap pool overlooking the beauty of the area, take a dip in the morning and witness the hustle and bustle of the city, or a plunge at night and see the majestic display of lights from every intersection along the avenues. The expansive contemporary gym with full-floor windows doesn’t miss its share of the views of Downtown, enjoy an invigorating work-out while watching the Burj Khalifa stand out among the sea of clouds. Taking pride of place on the Ground Floor at DT1, is the well-anticipated Ellington Art Gallery that will feature specially curated, contemporary art exhibitions and will provide art lovers and visitors compelling cultural experiences through various exhibits. The Ellington Art Gallery will be an addition to the cultural showcase in Downtown Dubai and will enhance the residents experience for refined lifestyle. DT1 Experience and Lifestyle Nestled between the Burj Khalifa Boulevard and Mohammed Bin Rashid Boulevard, DT1 offers plenty of social and dining options at your doorstep. It is the ideal address for business-minded professionals and high-earning individuals that fancies the glitz and glamour of the city. Downtown Dubai community is known as the residential address for the most eclectic individual and attracts residents with multicultural backgrounds who seek the best of urban living. Mohammed Bin Rashid Boulevard, well-known for its mix of local and international restaurant-lined strip and chic cafes, offers a wide array of retail and dining options from fine-dining to eateries and has the best restaurants in Downtown Dubai. Along the boulevard, are some of the world’s top hotels that houses the best bars in Downtown, as the community also offers an eccentric nightlife. Nestled in the central spot, Downtown Dubai is a major tourist destination with its landmark offerings, and entertainment facilities from opera houses, massive cinema complexes, theme parks, ice rinks and aquatic activities. Landmarks Downtown Dubai houses the best landmarks in the city, from modern architectures to stunning skyscrapers, it has a fine collection of picturesque landmarks that is worth seeing for. Burj Khalifa – the world’s tallest building, it has become the symbol of Dubai and is a place for major events in the city, featuring iconic displays of lights and majestic firework shows. Dubai Mall – one of the world’s largest shopping malls boasts over 1,200 shops and entertainment experiences, provides an ultimate family getaway featuring massive ice rinks, aquarium and underwater zoos, and kids theme parks. Dubai Fountain – the world’s largest musical fountain located in the center of a manmade lake; it attracts visitors from all over the world with its choreographed performances. Dubai Opera – an international destination for world-class performances of arts and productions, Dubai Opera features classic musical theater, dance and live concerts stage. Souk Al Bahar – Arabic style shopping centre, a call of classic and tradition amid the contemporary offerings of Downtown, it features waterfront dining spots and a cluster of lifestyle stores from antiques, carpets, jewelries and handicrafts. Being the heart of Dubai, it is also within close distance to other major landmarks such as: Dubai Frame Dubai Canal Museum of the Future Dubai International Financial Centre Dubai World Trade Centre Habtoor City City

Purchase an Apartment in Dubai

With more than 1,600,000 inhabitants, Dubai is the most famous and populated city of the United Arab Emirates. Dubai is well known as a business hub globally, a top destination for job seekers and one of the world’s most popular tourist destinations too. The boom in Dubai’s real estate market began in 2004, with a government decree allowing foreigners to own freehold and leasehold properties in Dubai. Fifteen years later, Dubai has seen it’s market mature and attract many different kinds of buyers. Some foreigners buy apartments in Dubai to live in them. Some buy houses for sale in Dubai as the return on investment is higher than what banks can offer. Others buy flats in Dubai to have holiday homes in this lovely city, which is full of superb skyscrapers and wonders. If you’re looking for apartments in Dubai, here are some things to consider: Are you looking to live in an apartment or buying a Dubai home as an investment? Short-term or long-term investment If you are buying an apartment in Dubai for investment, then the next question is whether this is a short-term or a long-term investment? Ellington Apartments for Sale in Dubai We, at Ellington Properties, can offer you a select range of houses for sale in Dubai that can meet your needs depending on the location, budget and outcome you would expect from owning an apartment in Dubai. If you are looking to buy downtown luxury apartments in Dubai, then we can offer you DT1 apartments located in the heart of Dubai and a walk away from the Dubai Mall and the Burj Khalifa. If you plan to stay close to the heart of Dubai but enjoy a more serene and quiet location, then we can offer you one of our apartments for sale in the MBR City, which is the new heart of Dubai and where we have Wilton Terraces 1 and Wilton Terraces 2. However, if you wish to go for a more affordable location, then you may want to consider our apartments for sale in Jumeirah Village Circle (JVC) in Belgravia, Belgravia 2, Belgravia 3, Eaton Place and Somerset Mews. Buy Apartments in Dubai: Real estate agents have plenty to do: the city has grown tenfold in the last five years and the supply of flats for sale in Dubai has undeniably increased with plenty of high-class options. Each area in the city has its own ambiance and culture, which makes the crucial question of where to buy apartments in Dubai not so easy to answer for most people. The location of the house is of prime importance since it will depend on whether you want to go in for luxury apartments in Dubai, which are mainly situated in areas like Emirates Hills, Palm Jumeirah, Dubai Marina, Downtown Dubai or more affordable apartments for sale in Dubai that are located in Jumeirah Village Circle, Business Bay, MBR City (also known as Meydan area). Let us take a look at some of the most popular areas in Dubai: Downtown Dubai: This area allows you to do luxury shopping and be in the center of everything happening in Dubai. Many options with regards to apartments for sale in Downtown Dubai are available, with studios being sold at a starting price of 1,100,000 AED and 2 BD apartments for around 4,000,000 AED. Mohammed Bin Rashid Al Maktoum City (MBR city): Attracting both public and private investors to establish real estate projects, MBR city is becoming a great destination for property buyers due to the varied supply of luxury flats in Dubai. Jumeirah Village Circle (JVC): Jumeirah Village offers residents a real sense of community living. Coming soon to Jumeirah Village are two new developments: Al Khail Avenue at Jumeirah Village Triangle and The Circle Mall at Jumeirah Village Circle. Choice of real estate companies in Dubai: While choosing from among the real estate companies in Dubai, ensure you conduct thorough research about leading property developers in Dubai and then finalize on one that suits your requirements. Some important questions to ask – Do they handover properties on time? Do they often face delays? Also, what is the quality of their buildings? Try to talk to several real estate experts in Dubai’s market and get answers for each of these! High-quality apartments in Dubai generate more rental income and mean you won’t be spending any additional money maintaining it. When looking for apartments for sale in Dubai, it is important to identify the top real estate developers in Dubai and then accordingly make your choice. You will be spoilt for choice with the abundance of options when it comes to houses for sale in Dubai that can yield high returns on your investment! Our collection also includes villas for sale in Dubai. Find out more.

The up-to-date rankings of Dubai in 2020

Dubai has proven the world that a city built around the edge of the Arabian Desert can become a city of dreams over the new millennia. Driven by its ideology to become a megacity, it has established its name as the global hub for business, trade, tourism and innovation. The recent reports and studies published by several leading valuation and real estate companies, and financial and global ranking indices shows Dubai on the top list of emerging cities making a significant progress in their rankings and strongly competing against established cities like London, New York, Singapore and Paris. 1st in the MENA (Middle East and North Africa) region in Ease of Doing Business and 16th in the World UAE tops the list as the best city within the MENA region and is on the 16th spot globally as per Ease of Doing Business Report 2020. The country scored highly in major assessment factors such as starting a business, dealing with construction permits, 1st place globally in getting electricity, registering a property, protecting minority investors and enforcing contracts. 1st in the MENA Region for Quality of Living According to Mercer’s 2019 Quality of Living Survey, Dubai led the Middle East and Africa region as the best city for quality living and making it to 74th place globally. The survey compared 230 cities attributed by political and social environment, consumer goods availability, housing, public services and transport, medical and healthcare, natural environment, school and education and recreation. 1st in the list of Best Infrastructure in the World Dubai outperformed other global business hubs in terms of infrastructure according to Knight Frank Global Hub Report. The study measures the strength of a city in ease of doing business, contributed by factors such as tourism, industrial and logistic performances, financial and business services, and property developments. 1st place in the Top Digital City Index Dubai outranked Singapore, London and New York in the report by Bloom Consulting as the top digital city in the world. The index ranks all 136 mega cities using a methodology based on the total number of searches in these three categories: tourism, talent and investment. 3rd as the Most Affordable for Prime Residential Property According to Savills World Cities Prime Residential Index, Dubai ranks as the third most affordable major city in the world. While the analysis may identify that Dubai property prices shows a drop in value, the firm suggested that this is the right time to invest in Dubai real estate as the apartments for sale and luxury villas in Dubai is far more affordable, creating an advantage for property investors to pay less for top-class specifications and benefit from a strong rental yield and return on investment. 6th place as the World’s Best Cities Dubai continues to soar with its record as one of the best cities in the world. According to the Resonance Consultancy Report of 2020, Dubai is one of the best cities in the world to live, work and visit. The city shows a positive correlation on factors such as lifestyle, connectivity, employment, diversity, education and business prosperity. 6th place as the Global Cities of the Future Dubai, alongside other metropolitan cities has been named as one of the top destinations for foreign direct investments globally, according to FDI’s Global City of the Future 2018/2019. Dubai’s economic stability, along with other contributing factors such as human capital and lifestyle, cost effectiveness, and business friendliness helped attract multi-million FDI projects through the years. 7th in the list of Top 100 Destinations in the World Dubai has ranked seventh in the list of top 100 destinations in the world, placing ahead of New York, Rome and Amsterdam, based on Euromonitor International. Dubai topped the list based on the annual number of visitors it has welcomed in 2018. The report also accounted Dubai’s legislative changes in visa on arrival policies, leniency on tourist visas and the option of a residency visa on business and Dubai property investments. 8th place as the Leading Financial Centre in the World Dubai moves up from 12th to 8th place in the Global Financial Centres Index Report 2019, making its highest ranking ever. The ranking is based on five key areas such as business environment, financial sector development, infrastructure, human capital and reputation and general factors. 14th as the Most Innovative Global City Dubai taking the position as the 14th most innovative global city beating the likes of Berlin, Madrid and Shanghai, as per the Dubai Innovation Index of 2018. The report measures the innovation drive of each city, as well as the launch of new products and services, introduction of new technology and adoption of smart solutions to public and private sectors. 15th in the Top Cities for Corporate Innovation According to Innovation Leaders Magazine Report of 2019, a report rounding up world’s top cities for innovation and research and development activity, Dubai bags the top 15th position as the global hotbed for corporate innovation. The report is based on the global 1000 companies with research and development labs, capital venture and funding flow, as well as execution of trade shows and conferences. 1st Country in the World to Establish Ministry of Artificial Intelligence, Happiness and Tolerance The UAE is the first country to establish a Ministry for Artificial Intelligence, with the aim to lead the country’s ambition in going beyond their successful full digitalization after the Smart Government project. It is also the first country that established a Ministry of Tolerance to lead national and global tolerance initiatives. As well as the first to create a ministry dedicated to Happiness with the sole purpose of launching projects that supports in the improvement of the life of its residents towards a fully positive and happy country. Competing alongside established business hubs regionally and globally indicates how Dubai transforms its position from a fishing village to a global village of opportunities and growth. The introduction of strategies to boost the economy, changes in legal frameworks, and development of new technologies are just one of the reasons why it is the best time to invest and live in Dubai. Whether you’re an investor looking to start a business, an

Entertain Yourself at Home

Many of Dubai homes have been coping well with the pandemic situation and making staying home a new routine even though it was a sudden choice for most families at the beginning. We realize that it has been a few months now and most of you might have run out of the activities you can do at home. Hence, we have come up with a few activities that will keep you occupied and entertained while you stay safe at your place and you will be shocked by the things that can keep you busy while being at home and not feeling the need or the want to leave the house unless it’s for an emergency. USE YOUR COMMUNITY AMENITIES The best properties in Dubai come equipped with the finest amenities and facilities that you can take advantage of such as the amenities we offer in our communities in Belgravia, Belgravia II, and Eaton Place: Improve social relationships: Get to know your neighbors while keeping 2-meters social distance and find common interests you have with them. Maintain good health: Use the gym in your building to enjoy a healthy life or use public areas to perform a work-out such as yoga. Refresh yourself: Swimming is a refreshing activity for summer, enjoy a little picnic by the pool with your family. HAVE YOU CONSIDERED THIS FOR YOUR WORKOUTS? If you are the type that prefers working out indoors, then you might consider below activities: Customize a schedule: Create a weekly schedule of workouts focusing on specific areas during the week to avoid getting bored. Get inspired: Look for workout references from influencers, YouTube videos, or health apps. Seek new options: Consider renting cycling and other equipment from gyms that are offering. Blend in: Register in group training sessions. Improve your skills: Involve yourself with new types of working out such as yoga, meditation, aerobics, or a type of dance. Create your own corner: Create a small working out corner to motivate yourself, such as placing weights, mats, and other equipment. SMALL OR A BIG PLACE, THEY BOTH NEED TO BY TIDIED! A sanitization routine: Make a sanitizing schedule for your home and specialize each day to disinfect a room. Declutter: It is a good time to get rid of the things you don’t need such as clothes, gadgets, or even kitchen tools and give them to charity. Small changes to your home: Rearrange some of your furniture items. Be creative: Use DIY ideas to rearrange your cabinets and drawers especially for your spices and cooking tools. WIDEN YOUR FOOD CULTURE Learn and apply: Watch cooking shows that can upgrade your cooking skills and cook meals for you or your family. New skills are calling: Get out of your comfort zone and experience cooking different cuisines or baking styles. EXTRA FUN ACTIVITIES Indoor Karaoke: You and your family can have fun and keep yourself busy by doing some karaoke at home, make sure to have it on video for some funny memories later. Learn a new language: This will be time-consuming and extremely beneficial as it will help you in your future and counts as a plus to you. Learn a new instrument: As you have time on your hands try learning a new instrument could come in handy when staying at home as it could keep you and your family entertained and busy. We hope you find these activities beneficial and different. Remember, staying home is safer for you and your loved ones.

Why you should be thankful for working from HOME

Working from home gives you greater flexibility in “office hours” where you can take breaks or work early/late when needed with all your stuff on hand. No need to worry about the commute time – traffic, parking, weather etc. A home office can allow for far less distraction. Watch our “Home is your whole world today” video