Flat 1541 м² in Dubai, UAE (United Arab Emirates)

18 816 587 $

12 210 $ /м²

4OV3D

Flat 1541m² in UAE (United Arab Emirates), Dubai. Priced at 16017200€ rent photo- #1

Flat 1541m² in UAE (United Arab Emirates), Dubai. Priced at 16017200€ rent photo- #2

Flat 1541m² in UAE (United Arab Emirates), Dubai. Priced at 16017200€ rent photo- #3

Flat 1541m² in UAE (United Arab Emirates), Dubai. Priced at 16017200€ rent photo- #4

Flat 1541m² in UAE (United Arab Emirates), Dubai. Priced at 16017200€ rent photo- #5

Flat 1541m² in UAE (United Arab Emirates), Dubai. Priced at 16017200€ rent photo- #6

Area

1541 м²

Bedrooms

Bathrooms

5-bedroom luxury apartment for sale in Dubai.

Presented by Driven Properties, this property includes apartments, villas, townhouses and mansions in Dubai, UAE. Business Bay is one of the trendy residence and business centers located amidst the glistening waters of Dubai Canal. It neighbors the renowned Dubai Town area, which is considered a destination for young professionals working in Downtown Dubai, Sheikh Zayed Road and DIFC. It has a cosmopolitan and fast-paced lifestyle that attracts a young audience, but recently more families have become interested in the area, especially in investing in apartments. In terms of nationalities, there is a good mix of foreigners here, making Business Bay a multicultural neighborhood. For more information, call our Dubai real estate expert Khadija El-Otmani at +971 56 113 2677. Since 2012, Driven Properties has become one of the largest real estate platforms in the region. Through several branches in Dubai, Ajman, China and Saudi Arabia, Driven Properties manages a portfolio of over 10,000 properties.

Additional details

Property type

Residential Properties

Object type

Flat

Price

18 816 587 $

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 (18 816 587 $) 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).