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Flat 141 м² in Dubai, UAE (United Arab Emirates)

ID 4OeIk
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Area
141 m²
Bedrooms
2

Description

Apartment in Dubai. City - Dubai

Description

Canal Front Residences is a newly launched development by Meydan Group that presents waterfront apartments located at Dubai Water Canal. These high-end residences are further complemented with state-of-the-art fittings and fixtures to offer you complete comfort as well as convenience.

Set alongside the renowned Dubai Water Canal area, which seems to be a plus point in terms of the family-friendly environment and facilities.  

Property Details:
2 bedrooms
3 bathrooms
Built-in Wardrobes
Fully Fitted Kitchen
Floor To Ceiling Windows
Genuine Resale
Estimated Handover Q3-2024


Amenities:
◆ Gym
◆ Swimming pool
◆ Multi-purpose room/kids’ area
◆ Pedestrian connectivity between Safa and Jumeirah Beach
◆ Direct access to Dubai Water Canal/boardwalk

Nearby Areas:
* The Dubai Mall: 10 Minutes
* Ras Al Khor Wildlife Sanctuary: 13 Minutes
* Dubai International Airport: 20 Minutes


Tradegoria (TRADEGORIA) is dedicated to delivering our clients a wide array of services: sales, rentals, property management, consulting services, mortgage brokerage, and many more.

Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
1 366 156 $

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 (1 366 156 $) 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).

Related sections

Flat with 2 bedrooms in Dubai, UAE (United Arab Emirates)