26 661 546 $
House with 6 bedrooms in Dubai, UAE (United Arab Emirates)
Dubai, UAE (United Arab Emirates)
House in Dubai. City - Dubai
ID D1016_THE_PALM_FLOWER
The Palm Flower is an exclusive 11-storey residential complex located on Palm West Beach on the man-made island of Palm Jumeirah. The project includes 9 full-floor ultra-luxurious residences with 4 bedrooms and one magnificent two-story penthouse with 6 bedrooms. Residents of the complex will have personal amenities, including a private gym and a pool on one of the huge terraces. Each of them resembles the petals of a beautiful flower of curved shape, extending beyond the building and offering residents stunning views of the Arabian Gulf, Dubai Marina, and the island landscapes.
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The complex's architect is Norman Foster from the British architectural firm Foster & Partners. The unique project will rightfully earn the title of \"Rolls-Royce in the real estate world\" and will satisfy even the most discerning residents. The key characteristic of the complex is the highest level of privacy. The exclusive penthouse will include a wine cellar, family room, dressing room, and game room. Every element in it, from windows and floors to ceilings and terraces, will be elegantly curved, making the living space even more luxurious.
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Alpago Properties is a subsidiary of the Alpago Group, which is wholly owned. The developer began its professional journey in Istanbul and London developing projects of elite residential, commercial, and hotel complexes. The company's goal is to set new global benchmarks in the luxury real estate segment by collaborating with the world's best architects, interior designers, builders, artists, and craftsmen. The headquarters of Alpago Properties is currently located in Dubai.
Things to Know:
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.
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.
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.
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.
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.
Yes. An inspection costs about 0.5–1% of the price (25 869 260 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
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).