351 287 $
Dubai, UAE (United Arab Emirates)
Elvira will consist of two towers and will have a total of 892 residential units, including apartments with 1-3 bedrooms, duplexes with 3 bedrooms, and only 12 townhouses...
Flat in Dubai. City - Dubai
ID D1057_CEDAR
Cedar is the latest beachfront development in Dubai Creek Harbour. The project consists of 272 apartments with 1-3 bedroom configurations, all with magnificent views of the surrounding green courtyards. Four buildings are located just steps away from Creek Beach and offer residents the best of both tranquil waterfront living and a variety of lively shops, restaurants, and family-friendly venues right at their doorstep.
Location Features:
Amenities:
Areas and Prices:
Local Infrastructure:
The residences in Cedar will be light, spacious, and open-plan, with floor-to-ceiling windows that make the most of space and natural light to create an atmosphere of modern and understated luxury. The color palette of each residence will be neutral to complement the green surroundings.
Key Features:
Buying Advantages:
Payment Plan: 90/10 (10% on booking)
Return on Investment: 1-bedroom 6.4%
Developer Information:
EMAAR PROPERTIES - AN EMIRATI TRANSNATIONAL COMPANY AND ONE OF THE LARGEST REAL ESTATE DEVELOPERS IN THE UAE. EMAAR OPERATES IN 36 MARKETS ACROSS THE MIDDLE EAST, NORTH AFRICA, ASIA, EUROPE, AND NORTH AMERICA AND IS RENOWNED FOR ITS LARGE-SCALE PROJECTS, INCLUDING DUBAI MALL, ADDRESS HOTELS, AND EMAAR BEACHFRONT.
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 (351 287 $) 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).