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Flat 57 м² in Dubai, UAE (United Arab Emirates)

ID 4OVwt
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Area
57 m²
Bedrooms
1

Description

Flat in Dubai. City - Dubai

"ID D1051_BINGHATTI_CREST Binghatti Crest is a new residential project in the heart of JVC. The total number of residences in the complex is 170. Property in a 19-storey building features modern apartments with 1, 2, and 3 bedrooms. The building has a shopping center located on the GF, and there are many other amenities within walking distance. Traditional elements with elements of Middle Eastern art and architecture will be used in the building. Location features: - Excellent transport links - 15 minutes drive from Expo 2020 venue - Self-contained community with all amenities within walking distance in the JVC community - Schools are very close to the community - Minutes away from Sheikh Mohammed Bin Zayed Road and not far from Al Khail Road - 7 minutes drive from Sheikh Zayed Road - 10 minutes to JBR - 20 minutes drive from Al Maktoum International Airport - 25 minutes drive from Dubai International Airport Amenities: - Swimming pool - Children's play area - Shopping center - Gardens and parks - Cafes and restaurants - Gym - Retail spaces Sizes and prices: - 1 Bedroom - from 57 sq.m. from 694,000 AED - 2 Bedroom - from 89 sq.m. from 1,037,500 AED - 3 Bedroom - from 112 sq.m. from 1,312,500 AED Local infrastructure: - Supermarkets: 24-hour Choithrams Manhattan Tower, Eight Supermarket, 24-hour mini-market, Shurooq Al Madina, Express Mart - Public transport: Fursan Metro, Bus - Shoba Daffodil Apartments - Schools/Nurseries: JSS International School, Sunmarke School, Kids World Nursery, Stepping Stones Play School, North London School - Medical facilities: Mediclinic Parkview Hospital, Right Health Karama Medical Center, La Familia Medical Center, HMC Medical Center - Retail/F&B shops: Within the hotel premises, City Centre Me'aisiem, Circle Mall, Mall of the Emirates - Gas station: ENOC – 1055, JVC gas station - Attractions: Expo 2020 venue, Dubai Butterfly Garden, Sports City, JVC Garden The interiors at Binghatti Crest have been carefully planned to provide maximum comfort without compromising on elegance. Luxurious interiors offer the perfect balance of pragmatic design and modern form. All fittings and fixtures in the apartments are handpicked to complement the interior design perfectly. Sliding glass doors and windows create the perfect balance between indoor and outdoor spaces, while maintaining the highest level of environmental control and functionality. Key features: - Sliding glass doors and windows - Interiors in warm tones and handpicked fittings and fixtures - 4 levels of parking - Retail space located on the ground floor Buying advantages: - Freehold area, so any nationality can buy an apartment here - Self-contained community with retail, restaurants, and supermarkets - Established residential area - Excellent payment plan option - Excellent transport links - Close to all city areas - Well-established regional developer - Excellent investment return potential - one of the highest investment return rates in the city - Rental value for a 1-bedroom apartment is 30,000 AED per year Promotion: Limited time offer with a 20% discount / discount options available based on the DP paid Payment plan: 60/40 Investment return: 4% Developer information: Binghatti Developers - an award-winning real estate development company actively working across the UAE with an investment value of 3.5 billion AED in a portfolio of over 40 projects. Their residential projects are located in several areas throughout Dubai, including Business Bay, Dubai Silicon Oasis, Al Jaddaf, Dubai Marina, and Jumeirah Village Circle, to name a few. The company also has a large commercial project in Abu Dhabi spanning 1 million square feet and costing over 500 million AED. Things to know: - Service charge: 10 AED per sq.ft. for internal space and 3 AED per sq.ft. for balconies - Designated parking: Yes - Resale policy: Not as per plan after 40% payment. Ready properties - anytime."

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
188 987 $
Floor
9
Year of construction
2023

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 (188 987 $) 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

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