331 817 $
Dubai, UAE (United Arab Emirates)
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...
Flat in Dubai. City - Dubai
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. The 57-story and 51-story tower project offers spacious and modernly designed luxury apartments with 1, 2, and 3 bedrooms, as well as 1.5, 2.5, and 3.5 baths, which will also include a toilet, storage room, laundry room, and/or maid's room/office. All apartments will have magnificent views of either the city center, Dubai Creek, or Burj Khalifa.
Location Features:
Amenities:
Areas and Prices:
Local Infrastructure:
The apartments will feature units built to the highest technical standards, with the best floor finishes and high-quality fixtures, as well as floor-to-ceiling windows that allow natural light to enter and create a modern atmosphere. Each residence is equipped with state-of-the-art kitchen appliances and elegantly designed bathrooms, as well as built-in wardrobes in each bedroom. All bedrooms have their own en-suite bathroom.
Key Features:
Benefits of Buying:
Payment Plan: 60/40
Return on Investment: 5.4% for 1 bedroom in Sobha Hartland
Developer Information:
Sobha Realty - a luxury developer international company founded in Oman in 1976. The company has expanded its presence in UAE, Oman, Bahrain, Brunei, and India and recorded a record revenue of 544 million dollars in the first half of 2021. Well-known projects by Sobha Realty include Sobha Hartland, The Crest, and One Park Avenue.
What You Need 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 (332 225 $) 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).