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Flat 117 м² in Dubai, UAE (United Arab Emirates)

ID 4OeCA
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Area
117 m²
Bedrooms
2

Description

Apartment in Dubai. City - Dubai

Description

Address Residences Dubai Opera is a unique project in Dubai developed by EMAAR. It is perched on one of the most prestigious areas of Downtown Dubai and concentrated around the most prestigious establishments, including business, culture, education, and entertainment.

Property details:
2 bedrooms
2 bathrooms
Opera and boulevard view
Size: 1,264 sq. ft.
Property Status: Completed
Availability : Short term rented
Furnishings: Luxury high quality
Yearly Service Charge: No service charge for 5 years

Amenities and Facilities:
Exquisite Lounges
Infinity Swimming Pool
State-of-the-art Gymnasium
Kids' Club and Play Area
Concierge Service

Downtown Dubai sits in the city's heart and offers many things to see and do. This district has the best road and public transport network in the city. It is home to a mix of low-rise and ultra-high-rise buildings and the world-famous Burj Khalifa, Dubai Mall, and the Dubai Opera, all located along the sparkling Boulevard. This area comes alive at night time and has everything within walking distance.

The Metropolitan Group is the leading real estate agency in the UAE. Мы говорим на 44+ языках, о

Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
1 302 928 $

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 (1 302 928 $) 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)