More stories

  • in

    Dubai’s Jumeirah Marsa Al Arab redefines oceanfront sophistication

    Life

    by Team Emirates Woman
    10 seconds ago

    IN PARTNERSHIP: Dubai’s luxury hotel scene is entering a new era. Adding to this, is Jumeirah Marsa Al Arab, a superyacht-inspired masterpiece shining light on waterfront living in 2025.
    Designed by visionary architect Shaun Killa, Jumeirah Marsa Al Arab is a new icon of ultra-luxury, where rich heritage of the region and world class hospitality join hands for futuristic living.
    Located on Dubai’s most coveted shoreline, this exquisite collection of rooms, suites, and residences is more than just a retreat—it’s a statement of contemporary luxury. Set within a lush oasis of swaying palms and native flora, every detail is meticulously curated to offer an experience that transcends the ordinary with panoramic views of Jumeirah Burj Al Arab and the Arabian Gulf.

    It boasts a superyacht-inspired design, blending elegance with sophistication. Inspired by the world’s finest yachts, interiors feature marble surfaces, organic wood, soft-edged seating, silk carpets, crystal lights, and textured fabrics, all bathed in the golden hues of sunset.
    Culinary connoisseurs are in for a sensory journey, with 11 restaurants and four bars, each redefining the art of dining. At the heart of this gastronomic haven lies The Fore—a groundbreaking new concept for Dubai that effortlessly intertwines four distinct dining destinations under one roof. Mornings begin in an uplifting space, where the scent of artisanal coffee and freshly baked delights linger in the air. As dusk settles, The Fore transforms into an enchanting beachfront dining destination, with four immersive restaurants unveiling an extraordinary fusion of Asian, European, and Middle Eastern flavors.

    As self-care continues to play an important role in our daily routine, the resort’s palatial Talise spa offers bespoke treatments and holistic therapies. Spanning three floors, the state-of-the-art facility features a 20-meter indoor pool, fully equipped fitness studio, 13 treatment suites with private terraces overlooking the Gulf, and female-only spaces. The wellness journey extends to four outdoor pools and two private beaches, all set within beautifully landscaped gardens, offering a tranquil retreat for those seeking luxury and relaxation.

    Overall, whether you’re savoring solitude, celebrating life’s milestones, or gathering in style, Jumeirah Marsa Al Arab is the future of ultra-luxury hospitality with a bold new vision.
    Reservations are now open for stays from March 14, 2025 . For more information visit Jumeirah.com 
    – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram
    Images: Supplied More

  • in

    To renew the lease or relocate? Let the Dubai rental market report 2023 help you decide

    Life

    by Ruman Baig
    1 hour ago

    The Dubai rental market is experiencing a transformation, with the latest report shedding light on intriguing developments.
    In recent years, Dubai’s rental market has witnessed a remarkable resurgence, effectively ending a period of negative growth that spanned from mid-2015 to late 2021.
    As of July 2023, the data from the Dubai Land Department reveals a staggering 43.5% increase in the total number of tenancy contracts registered compared to the same period in 2019, reaching a total of 325,727 contracts.
    This impressive growth has translated into average apartment rents reaching their highest levels since February 2017, and villa rents hitting record highs.
    However, beneath these headline figures, a significant divide has emerged in the rental market. The number of new contracts registered has dropped by 12.6%, while renewed registrations have grown by 29.0%. This suggests that tenants are opting to renew their leases rather than relocate due to the higher rates prevalent in new leases, especially in prime residential areas. These tenants are leveraging the protection offered by the RERA rental regulations, which cap annual rental increases at a maximum of 20.0%.

    To provide a comprehensive view, the report analyzed nearly 703,000 residential rental transactions between January 2018 and July 2023, focusing on both apartments and villas. In the apartment segment, it covered 23 different free-hold communities, while for villas, it encompassed 20 free-hold areas.
    For apartments, a noteworthy shift has occurred. Historically, new rental contracts averaged a 5.0% discount compared to renewed contracts between January 2018 and July 2021. However, with increasing demand, this trend has reversed, and in July 2023, new rental contracts commanded an average premium of 20.1% over renewed contracts.
    This change is not uniform across all communities; prime and core markets like Downtown Dubai, Palm Jumeirah, and Business Bay started achieving premiums on new rental contracts in early 2021. Although, secondary neighborhoods have seen relatively negligible premium growth compared to prime areas.
    In the villa segment, supply constraints have led to a different dynamic. Demand for single-family homes has surged, resulting in a 29.9% increase in the number of tenancy contracts registered compared to 2019 levels as of July 2023. Consequently, new rental contracts command an average premium of 25.2%. While this is slightly down from its peak in December 2022, the premium continues to hold strong.

    In conclusion, the Dubai rental market is witnessing a fascinating interplay between new and renewed contracts, with varying trends across different segments. Understanding these dynamics is crucial for both tenants and landlords navigating this evolving market.
    – For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram
    Images: Supplied by CBRE Mena  More