Latest news with #AlMaktoumAirport
What's On
15-07-2025
- Business
- What's On
Buying your first property in the UAE? Here's what you need to know
So, you want to buy property in the UAE. You're earning a steady salary, scrolling listings late at night, and wondering if those keys could actually be yours. It's not just a dream – owning property in the UAE is more possible than it's ever been, even if you're early in your career. The landscape's shifting: platforms now let you invest from as little as Dhs500, while smart saving strategies could have you ready for full ownership in a few years. Whether you're in the Dhs500 club or playing the long game toward a Dhs90,000 down payment, here's what you need to know before diving into property in the UAE. Saving for the keys If you're earning between Dhs10,000 and Dhs15,000 a month, property isn't out of reach – but it does take a plan. Experts say setting aside 20–30% of your income could get you to a down payment (Dhs90,000–Dhs180,000) in three to five years. That's assuming you're looking at properties between Dh600,000 and Dh900,000. Budget smart, save consistently, and let your salary growth do the rest. Can't wait? Try fractional ownership Platforms like SmartCrowd and PRYPCO let you invest in property for as little as Dhs500 or Dhs2,000. You get a share of the asset, and returns based on your stake. It's a low-barrier entry, especially for early-career buyers. That said, some real estate pros are wary – control is limited, and returns may be lower than direct ownership. So weigh it up. Where to look Two names that keep coming up: Dubai South, thanks to its proximity to the upcoming Al Maktoum Airport, and Town Square, with affordable pricing and improved road links on the horizon. Both areas are being watched closely for long-term growth. Don't forget the extras Property ownership isn't just about the price tag. Maintenance, insurance, service charges, and utilities add up quickly. One of the biggest rookie mistakes? Forgetting to budget for all of it. And before you even think about mortgage payments, build an emergency fund – at least six months of expenses, in something liquid and accessible. The takeaway? Buying property in the UAE isn't just for the ultra-wealthy anymore. Whether you're going full ownership or fractional first, it all comes down to planning, patience, and understanding what you're actually signing up for. Play it smart, and your first key could come sooner than you think. > Sign up for FREE to get exclusive updates that you are interested in
Khaleej Times
14-07-2025
- Business
- Khaleej Times
AVENEW Development launches Dh1.3 billion mega project in Dubai South
AVENEW Development announced the launch of MODO, the first phase of its over Dh1.3 billion flagship project, AVENEW 888. Located in the rapidly expanding Dubai South residential district – one of the city's largest and most promising development zones – AVENEW 888 enjoys a strong location just minutes from Al Maktoum International Airport, a major hub driving the area's expansion. This neighbourhood integrates residential, commercial, and recreational spaces, offering a prime location for those seeking a modern way of living. Dubai South is anchored around the airport and features large-scale city projects, including a 70-metre-wide main road running from east to west with a central light rail train system designed and a dedicated metro station designed to connect the entire district seamlessly. Spread across five architecturally distinct buildings, AVENEW 888 offers a dynamic blend of wellbeing, connection, and modern elegance. With the launch of MODO, AVENEW sets the tone for a new generation of living where thoughtfully designed residences, expansive green spaces, and vibrant communal areas come together to create a truly integrated lifestyle experience. MODO will consist of 217 units, including 1, 2, and 3-bedroom apartments, as well as 2 and 3-bedroom duplexes. These living spaces blend comfort with modern sophistication, featuring floor-to-ceiling windows that flood interiors with natural light and spacious balconies with panoramic views. The project offers residents a private space to engage in endless activities, blending tranquility with dynamic living. Amenities include indoor and outdoor gyms, half basketball court, ping pong table, and two large adult pools with comfortable seating areas, dedicated children's pool, kids' play areas, and safe recreational zones and a curated selection of retail stores throughout the complex. 'AVENEW 888 reflects our commitment to crafting forward-thinking communities that put people and wellness at the heart of design,' said Rasha Hassan, Managing Partner of AVENEW Development. 'Through innovative design, premium amenities, and a focus on connection and wellbeing, we're setting new standards for what modern urban living should be. MODO marks the beginning of a transformative journey that will reshape how people experience home in Dubai South.' Prices start at Dh800,000. The community will unfold in three thoughtfully planned phases. The remaining two phases will be unveiled soon, each building upon the vision introduced in this debut release.
Khaleej Times
30-06-2025
- Business
- Khaleej Times
Dubai South launches 'Hayat' community with nearly 2,500 residential units
Dubai South Properties has announced the launch of Hayat, a new master-planned community spanning 10 million square feet. The development is located in the Golf District at Dubai South, near the existing terminal of Al Maktoum International Airport. Hayat by Dubai South will feature approximately 2,500 residential units. Strategically located, Hayat offers easy access to major roads and key economic hubs, including Al Maktoum International Airport, Sheikh Mohammed bin Zayed Road, Emirates Road, Jebel Ali Free Zone, and Dubai South Free Zone. The first phase of the development is scheduled for completion in Q2 2028.
Zawya
30-06-2025
- Business
- Zawya
Dubai South launches 10-million-square-foot 'Hayat' community
DUBAI - Dubai South Properties has announced the launch of Hayat, a new master-planned community spanning 10 million square feet. The development is located in the Golf District at Dubai South, near the existing terminal of Al Maktoum International Airport. Hayat by Dubai South will feature approximately 2,500 residential units. Strategically located, Hayat offers easy access to major roads and key economic hubs, including Al Maktoum International Airport, Sheikh Mohammed bin Zayed Road, Emirates Road, Jebel Ali Free Zone, and Dubai South Free Zone. The first phase of the development is scheduled for completion in Q2 2028.
Al Bawaba
30-06-2025
- Business
- Al Bawaba
Dubai South Launches Hayat, a 10 Million Square Foot Wellness-inspired Community
Dubai South Properties has announced the launch of Hayat, a new luxury master-planned community spanning 10 million square feet. The development is located in the Golf District at Dubai South, near the existing terminal of Al Maktoum International Airport. Hayat is envisioned as an integrated, wellness-inspired community that promotes balanced and practical living while embracing the beauty of its natural surroundings. Hayat by Dubai South will feature approximately 2,500 residential units, including townhouses, semi-attached and standalone villas, mansions, apartments, and hotel apartments, with layouts ranging from one to five bedrooms. The spacious homes are thoughtfully designed with minimalist architecture, offering residents flexibility, privacy, and contemporary living community will include lush parks, shaded walking trails, family play zones, fitness and wellness facilities, community pools, landscaped gardens, and a retail boulevard with shops, cafés, and daily essentials within easy reach. The development is designed to promote well-being, foster community interaction, and provide a calm living located, Hayat offers easy access to major roads and key economic hubs, including Al Maktoum International Airport, Sheikh Mohammed bin Zayed Road, Emirates Road, Jebel Ali Free Zone, and Dubai South Free Zone, making it a convenient choice for families and professionals his comments, Nabil Al Kindi, CEO of Dubai South Properties, said: " At Dubai South, we are committed to developing communities that genuinely enhance quality of life. Hayat is one of our largest master-planned developments and supports this vision by providing wellness-inspired living options that meet the needs of modern families. We are witnessing growing demand for properties in Dubai South, driven by the area's appeal to investors and residents alike. We will continue to launch thoughtfully planned projects that cater to this demand." With a flexible 5-year payment plan starting with 5% down payment and quarterly instalments, Hayat offers unparallel value proposition for investors. The first phase of the development is scheduled for completion in Q2 2028.
