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Flat 62 м² in Dubai, UAE (United Arab Emirates)

ID 4Ok2R
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Area
62 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Dubai. City - Dubai

DAMAC District — apartments with golf course views, offices and spa infrastructure in DAMAC Hills!

DAMAC District by Damac Properties is a new live-work-play lifestyle format in the heart of DAMAC Hills, featuring stylish apartments, modern office spaces and an extensive range of world-class amenities. This is the first complex of its kind where work and leisure coexist in perfect harmony.

Residents enjoy a variety of amenities: clubhouse, spa, pool, fitness center with AI labs, bars and restaurants, BBQ areas, yoga gardens and observation lounges, children's playgrounds and retail shops within the complex. All of this creates a resort-culture atmosphere.

The location in DAMAC Hills provides quick access to Downtown Dubai, Mall of the Emirates, Dubai Marina and both airports.

The projected yield is ≈7–8% per annum, making DAMAC District an attractive solution for investors and families seeking a high standard of living and long-term growth.

Contact now to learn more and book the best residence in DAMAC District.

This property is suitable for those who are currently choosing apartments in Dubai and exploring current real estate market offerings in 2025–2026.

Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
339 558 $
Floor
15
Year of construction
2029

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 (339 558 $) 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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