Palm villa prices double of Arabian Ranches

Main Page
News
Property News
Palm villa prices double of Arabian Ranches

10.03.2015

Palm villa prices double of Arabian Ranches

The Arabian Ranches may overlook a golf course, but prices of villas on the beachfront Palm Jumeirah are now twice as expensive.

Average sale prices of luxury villas on Dubai’s Palm Jumeirah are now twice as costlier than Arabian Ranches, says a new report released on Sunday.

In an analysis based on registered transactions with Dubai Land Department in 2014, Luxhabitat, a Dubai-based real estate brokerage firm, said average prices touched AED2,975 per square feet (psf) for Palm villas with total value of transactions reaching AED1.35 billion.

The report put average prices of Arabian Ranches villas at AED1,391 psf, with total value at over AED558m.

Latest Availability

SALE

2,350,000

More info

Ref.No: AP670

1BR Apt

1,308 ft²

0 AED/ft²

SALE

4,200,000

More info

Ref.No: AP589

2BR Apt

1,700 ft²

0 AED/ft²

Latest property news

21

11.2021

DLD signed a memorandum of understanding with IMEX Real Estate

09

06.2020

Dubai housing total Q1 transactions value amounted to US$5.44 billion.

07

06.2020

Discounts, bonuses, easy payment plans flooded Dubai housing market

02

06.2020

Support for the UAE real estate sector in quarantine times: key measures

30

05.2020

Do tenants in the UAE need to move out immediately if their home is sold?

26

05.2020

Dubai developers ready to new projects despite COVID-19

Request a call back

Call management

Lease process (Rent out)

Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

copy of the passport
copy of the certificate of ownership

Ad placement

1 day

Ad placement:

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

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

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

Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.

Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

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

Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

copy of the passport
copy of the certificate of ownership

Ad placement

1 day

Ad placement:

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

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

Contract of the owner and agency

1 hour

Contract of the owner and agency

Rendering of management services

1 year

Rendering of management services

Reporting

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.

Selection of optimal investment options

From 3 days

Selection of optimal investment options

Registration of the contract of purchase / sale

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