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Flat 81 м² in Dubai, UAE (United Arab Emirates)

821 189 $

10 138 $ /м²

4OeQA
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Area

81 м2

Bedrooms

2

Apartment in Dubai. City - Dubai

Description

Mama Residences at Business Bay is a new 26-story luxury development by Khamas Group. The leisure architecture comes with a range of stunning facilities from the circuit pool to the work suites, along with á la carte hotel services available at ease.  Along with being smart homes and loaded with technological features, these homes are considered perfect and convenient in every way.

Offering the ultimate chance of purchasing two units together: Studio and 2-BR which have interconnected doors between these apartments. Get in touch with our luxury property consultant for more details.

Property Details:
* 2 BR Apartment on a high floor
* Partial Sea View
* Fully Furnished and Serviced by extravagant Mama Shelter
* Payment Plan: 40% during construction – 60% in 3 years
* Handover in Dec 2023 / Q1 2024
* Project Completion Status: 80%
* Highest expected Rental ROI in the area: from 8-10%

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

Additional details

Property type

Residential Properties

Number of rooms

2

Object type

Flat

Price

821 189 $

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 (821 189 $) 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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