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Flat 238 м² in Dubai, UAE (United Arab Emirates)

3 327 526 $

13 981 $ /м²

4OeGY
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Area

238 м2

Bedrooms

2

Apartment in Dubai. City - Dubai

Description

Penthouse.ae is pleased to offer this 2-bedroom suite located in the newest luxury development in Business Bay, The Ritz-Carlton Residences. Get in touch with our property expert to learn more.

The Ritz-Carlton Residences Business Bay boasts a favourable location on the bank of the Dubai Water Canal. Purchasing a unit is the perfect option for those wishing to experience premium living in one the most strategic locations in Dubai and get access to endless a la carte services

This sophisticated unit will be completely furnished, allowing occupants to enjoy a comfortable lifestyle as soon as it is handed over. Oak flooring will be prevalent in the living areas, while marble will be featured in the baths and smartly built kitchens.

Residents will have access to exclusive premium amenities like a theatre, a cafe available solely to residents, a gym with modern facilities, an exclusive spa, and 24-hour concierge services. The butler, personal chef, food shopping, pet care, transportation and restaurant reservations, and other a la carte services are all provided by The Ritz-Carlton management.

Exclusive Amenities:

* Bespoke luxury facilities
* 24/7 conceirge services
* Due for completion in Q4 2025
* Managed by The Ritz-Carlton
* Infinity pools

Language assista

Additional details

Property type

Residential Properties

Number of rooms

2

Object type

Flat

Price

3 327 526 $

FAQ

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 (3 327 526 $) 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).

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