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Flat 158 м² in Dubai, UAE (United Arab Emirates)

1 597 742 $

10 112 $ /м²

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Area

158 м2

Bedrooms

2

Bathrooms

3

High floor | Full view of the canal | On favorable terms for investors'.

Canal Front Residences is a new project from Meydan Group, introducing waterfront apartments located on the Dubai Water Canal. These luxurious residences are complemented with modern finishes and amenities to offer you complete comfort and convenience. The settlement is close to the famous Dubai Water Canal area, which is a plus point for the family atmosphere and availability of various amenities.Property Details:* 2 bedrooms* 3 bathrooms* Size: 1,704 square feet* Built-in wardrobes* Fully fitted kitchen* Floor to ceiling windows* Original resale property* Estimated completion date is Q4 2024Features:◆ Gym◆ Swimming pool◆ Multifunctional room/children's area◆ Walking distance between Safa and Jumeirah Beach neighborhoods◆ Direct access to Dubai Water Canal/waterfront areaMetropolitan Premium Properties (MPP) is dedicated to providing our clients with a wide range of services: sales, leasing, property management, consulting services, mortgage brokerage and many more.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 597 742 $

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 (1 597 742 $) 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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