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Flat in Dubai, UAE (United Arab Emirates)

ID 4OVyA
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Bedrooms
1

Description

Flat in Dubai. City - Dubai

ID D1169_SLS

Residents of SLS Dubai Hotel & Residences have an incredible view of the rest of Dubai. The building contains 946 residential units with 254 hotel rooms, 321 hotel apartments, and 371 branded residences. Residential units range from studios to lofts with one and two bedrooms and duplex apartments. Residence owners can enjoy premium amenities at the tower's podium level and hotel services.

Location Features:

  • CLOSE TO THE CITY CENTER
  • NEAR MOST MAJOR DUBAI ATTRACTIONS
  • 5 MINUTES DRIVE TO DUBAI MALL
  • SPECTACULAR VIEWS OF THE ENTIRE CITY
  • EASY ACCESS TO AL KHAIL ROAD
  • EXCELLENT TRANSPORT LINKS
  • PLETHORA OF FINE DINING RESTAURANTS IN SLS AND PARAMOUNT HOTEL
  • LESS THAN 20 MINUTES DRIVE FROM DXB AIRPORT
  • LESS THAN 5 MINUTES DRIVE FROM BUSINESS BAY
  • GREAT LOCATION FOR BUSINESS PROFESSIONALS

Amenities:

  • INFINITY POOL
  • MULTIPURPOSE HALL
  • LEISURE POOL
  • CHILDREN'S POOL
  • HOTEL SERVICES/FACILITIES
  • RESTAURANTS
  • PARKING
  • JACUZZI
  • GYM
  • SPA ROOM

Areas and Prices:

  • STUDIO 460,000 AED
  • 1 BEDROOM SIMPLEX 530,000 AED
  • 1 BEDROOM LOFT 710,000 AED
  • 1 BEDROOM DUPLEX 660,000 AED
  • 2 BEDROOM LOFT 1,150,000 AED
  • 2 BEDROOM DUPLEX 1,150,000 AED

Local Infrastructure:

  • SUPERMARKETS: Choithrams Bay Square, Al Maya supermarket, Spinneys, Carrefour
  • PUBLIC TRANSPORT: METRO - Business Bay, BUS - Avanti Tower, Capital Gold Tower
  • PETROL STATION: ADNOC Business Bay ATTRACTIONS: Burj Khalifa, Dubai Mall, Dubai Fountains, Meydan Mall
  • SCHOOLS/NURSERIES: Maple Bear Preschool, Jumeirah International Nursery, JSS Private School, Global Indian International School
  • MEDICAL FACILITIES: Excellence Center, Monroe Medical Center, Hatton Medical Center, Aster Clinic Business Bay
  • RETAIL/F&B: Dubai Mall, Boulevard, on-site hotel

All rooms at SLS Dubai Hotel & Residences are fully furnished with premium European furniture, German kitchen appliances, and luxurious Italian bathroom fittings. SLS Dubai Residences feature a cosmopolitan refined aesthetic design, incorporating playful shades and accessories throughout. These magnificent residences have glass corners in the living rooms, allowing you to enjoy a 180-degree city view with complete and guaranteed privacy.

Key Features:

  • 75-STORY MULTI-PURPOSE SKYSCRAPER
  • LANDSCAPE POOL
  • DAY LOUNGE AND NIGHTLIFE AREA
  • EXCELLENT RESIDENTIAL AND HOTEL AMENITIES ON-SITE
  • FLOOR-TO-CEILING WINDOWS IN EACH BLOCK
  • OPEN TERRACE IN ALL APARTMENTS
  • INCREDIBLE RESTAURANTS AND SKY LOUNGE/LOBBY IN THE BUILDING

Investment Benefits:

  • 10-YEAR GUARANTEED RETURN ON INVESTMENT OF 5% OR 7% (2 OPTIONS)
  • 7-DAY STAY PER YEAR FOR EACH FRACTION (10 YEARS)
  • BUYBACK OPTION AVAILABLE AFTER 10 YEARS
  • TOP 10 MULTIPURPOSE SKYSCRAPERS IN THE WORLD
  • ONE OF THE TALLEST HOTEL BUILDINGS IN THE UAE WITH PANORAMIC CITY VIEWS
  • FREEHOLD RESIDENCES OPEN TO CITIZENS OF ALL NATIONALITIES
  • EXCELLENT LOCATION AND TRANSPORT CONNECTIONS
  • CHILD-FRIENDLY WITH CHILDREN'S POOL
  • SLS IS EXTREMELY POPULAR AMONG DINERS AND RESTAURANT ENTHUSIASTS

ROI: 5% or 7% for 10 years of guaranteed net income (see options/details)

Developer Information:

WOW Real Estate Development (WOW RED) is a subsidiary of MAPA Group, a leading transnational company with over four decades of success and more than 200 projects worldwide. Mapa Group was founded in 1976 in Turkey and has projects in Algeria, Uzbekistan, Ghana, and many Gulf countries. Mapa Group's annual revenue currently exceeds $1.3 billion.

What You Need to Know:

  • SERVICE CHARGE: NO HOTEL APARTMENT SERVICE CHARGE
  • DEDICATED PARKING: YES (UNDERGROUND)
  • RESALE POLICY: NOT BY PLAN AFTER 40% PAYMENT. READY PROPERTY - ANYTIME.

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
144 327 $
Floor
38

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 (144 327 $) 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).

Related sections

Flat with 1 bedroom in Dubai, UAE (United Arab Emirates)