332 225 $
Dubai, UAE (United Arab Emirates)
ID D1070_CREEK_VISTAS_HEIGHT Exclusive 2-tower complex Creek Vistas Heights will be the last towers overlooking the center of the city, in the Sobha Hartland community. T...
Flat in Dubai. City - Dubai
ID D1165_PENINSULA_FIVE
Peninsula Five, part of the Signature collection, heralds the arrival of exceptional and exquisite residences in the heart of Business Bay. The 36-story tower offers a wide range of extremely luxurious waterfront residences, both within the residential tower itself and along the promenade. Peninsula Five presents an unparalleled choice of residences, ranging from spacious studios to stunning 4-bedroom duplexes, all of which boast magnificent views of the expansive waterways of the Dubai Canal.
Location Features:
Amenities:
Areas and Prices:
Peninsula Five, part of the Signature collection, heralds the arrival of exceptional and exquisite residences in the heart of Business Bay. The 36-story tower offers a wide range of extremely luxurious waterfront residences, both within the residential tower itself and along the promenade. Peninsula Five presents an unparalleled choice of residences, ranging from spacious studios to stunning 4-bedroom duplexes, all of which boast magnificent views of the expansive waterways of the Dubai Canal.
Key Features:
Benefits of Buying:
PROMOTION: 100% DLD WAIVER (4% DLD WAIVER BY THE DEVELOPER)
PAYMENT PLAN: 40/60 UPON COMPLETION
INVESTMENT YIELD: APPROXIMATELY 5%-6% IN BUSINESS BAY AREA
Developer Information:
Select Group was established in Dubai in 2002 and holds a portfolio across 7 different investment sectors totaling over 17 billion AED and has delivered over 7,000 residential units. The company is involved in both real estate and direct investment in projects in the UAE, Croatia, Germany, and the UK. Among other public projects, Select Group has worked on Six Senses The Palm, Peninsula One and Two, and many more.
Things to Know:
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 (331 817 $) 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).