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Flat 159 м² in Dubai, UAE (United Arab Emirates)

ID 4Obq2
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Area
159 m²
Bedrooms
3
Bathrooms
2

Description

Flat in Dubai. City - Dubai

Apartments in the exclusive project Luma Park Views in the heart of Jumeirah Village Circle! Apartments for living and investment! Rental yield starting from $1100 per month! 0% installment plan

Handover date - 3rd quarter of 2026

Apartments are offered unfurnished, with a fully equipped kitchen.

Amenities: 2 swimming pools, 2 modern gymnasiums, 24/7 security and CCTV cameras, garden, jogging track, children's play area, landscaping and garden seating areas, butterfly garden.

Location:

Luma Park Views is located near major roads, including Al Khalil Road and Sheikh Mohammed Bin Zayed Road. Luma Park Views provides easy access to the entire city, including popular destinations such as Sports City, Golf Club, Dubai Hills Mall, Downtown area, Business Bay, Palm Jumeirah, and Jumeirah Beach.

Payment plan:

10% - initial deposit

10% - within 30 days from booking date

40% - in 5% installments in December 2023, March, June, September, and December 2024, March, June, September 2025

40% - upon completion in July 2026

Call or message us, we will find the perfect real estate option for you! Provide investor catalog!

Characteristics

Property type
Residential Properties
Number of rooms
4
Object type
Flat
Price
681 916 $
Floor
20
Year of construction
2026

Infrastructure

  • Fitness center
  • Open pool
  • Cafeteria
  • Playground

FAQ

How can I get a residence permit by buying property in UAE (United Arab Emirates)?

In UAE (United Arab Emirates) a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Dubai; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in UAE (United Arab Emirates)?

Banks in UAE (United Arab Emirates) finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

What taxes and fees apply when buying in UAE (United Arab Emirates)?

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

How is the title checked in UAE (United Arab Emirates)?

A title search at the land registry of UAE (United Arab Emirates) takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Can I rent out property after purchase in UAE (United Arab Emirates)?

Yes. Rental income tax is 5–25% depending on the regime. In Dubai short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (681 916 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in UAE (United Arab Emirates)?

A typical transaction runs 30–90 days, averaging 45 in Dubai: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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