New building
Property type
No. of bedrooms
Area

Deira

Development guide

Deira is the area of Dubai north of Dubai Creek and south of the Sharjah border. 

It is the traditional commercial center of Dubai and the Creek and its dhows were the historic mode of transport. 

Today Deira is split in two parts. There are the old souks (Gold and Spices) near the waterfront, and Dubai International Airport covers a major part of the area into the creek inland. 

Deira suffers a lot from traffic congestion as the bridges to Bur Dubai are at full capacity during the rush hour. In hidden backstreets the traditional life still takes place but it is not obvious to the tourist.

Deira Islands Night Souk, being built here by Nakjheel, will be a beautiful, modern interpretation of the traditional Arabic souk set right next to Deira Mall, on Deira Islands, off the coast of Deira.

  • A bustling new shopping and dining destination on the 15.3 sq. km, Deira Islands development
  • Stretches 1.9 km along Deira Islands’ waterfront
  • 5,300 shops and 96 quayside cafés and restaurants
  • Easily accessible by road and water, and within walking distance of hotels, residences and Deira Mall


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Call management
Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management