Flat 108 м² in Dubai, UAE (United Arab Emirates)

732 089 $

6 778 $ /м²

4OelG

Flat 108m² in UAE (United Arab Emirates), Dubai. Priced at 624289€ rent photo- #1

Flat 108m² in UAE (United Arab Emirates), Dubai. Priced at 624289€ rent photo- #2

Flat 108m² in UAE (United Arab Emirates), Dubai. Priced at 624289€ rent photo- #3

Flat 108m² in UAE (United Arab Emirates), Dubai. Priced at 624289€ rent photo- #4

Flat 108m² in UAE (United Arab Emirates), Dubai. Priced at 624289€ rent photo- #5

Flat 108m² in UAE (United Arab Emirates), Dubai. Priced at 624289€ rent photo- #6

Flat 108m² in UAE (United Arab Emirates), Dubai. Priced at 624289€ rent photo- #7

Flat 108m² in UAE (United Arab Emirates), Dubai. Priced at 624289€ rent photo- #8

Area

108 м²

Bedrooms

Apartment in Dubai. City - Dubai

Description

Paramount Tower Hotel and Residences is a 64-story building that combines a residential tower and a luxury hotel. DAMAC Properties developed it and has 826 residential properties.

Property Details:
*2 Bedrooms
*3 Bathrooms
*High Floor
*Built- in wardrobes
*Fully Furnished
*Spacious and modern layout

Features and Amenities:
-Parking
-24-hour security with video surveillance
-Children’s playground and pool
-Meeting and event space
-Sauna and steam room
- Equipped gym
-Spa and health club
-Barbecue area
-Laundry services
-Nearby retail stores and grocery stores

Business Bay is a buzzing and bustling area of just over 4km in size. This small, but full of life district really comes alive during the week, housing many captivating office skyscrapers and unique residential buildings. The area is filled with both fine dining restaurants and places to grab a bite to eat for lunch, as well as banks, supermarkets and even pocket parks. Dubai canal runs through Business Bay, connecting to Marasi Bay that sits at one end of the neighbourhood.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

732 089 $

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 (732 089 $) 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).