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Flat 121 м² in Dubai, UAE (United Arab Emirates)

ID 4OcHx
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Area
121 m²
Bedrooms
2
Bathrooms
1

Description

Apartment in Dubai. City - Dubai

Apartments in the luxurious FIVE LUXE project in the Jumeirah Beach Residence (JBR) area! In-demand area of Dubai! High rental income (ROI - 7% in $)! Complex is completed!

Amenities: pools with relaxation areas, gym, access to private beach, beach club, children's play area with kids pool, sports and games facilities, series of world-class restaurants, concierge service, poolside grill bar, cafe.

Location:

FIVE LUXE is located on the waterfront in the popular tourist area of Jumeirah Beach Residences, surrounded by 5-star hotels, shops, and restaurants. Approximately 10 minutes' walk from the building there are tram and bus stops at Jumeirah Beach Residence 1. In-demand areas of the emirate such as Dubai Marina and Palm Jumeirah are 5 and 15 minutes' drive away respectively. The road to the emirate center Downtown Dubai will take approximately 30 minutes, and to Dubai International Airport it will take 40 minutes.

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Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
1 357 077 $

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 (1 357 077 $) 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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