354 010 $
Dubai, UAE (United Arab Emirates)
ID D1184_SAVANNA Savanna is one of the newest developments by Creek Beach in Dubai Creek Harbour. The project consists of 1-3 bedroom apartments with magnificent views of...
Flat in Dubai. City - Dubai
ID D1118_MBL_ROYAL_RESIDENCES
MBL Royal Residences - one of the latest off-plan projects in JLT. In the residential building in cluster K, apartments ranging from 1-3 floors will be located with spacious layouts and ‘quirky’ interiors. One of the key features of the building will be the living room, the interior of which will be done in gray color, made of wood, black marble, and steel. Each room will have one balcony and at least 2 bathrooms. The levels of the building will be divided into 3, depending on the number of bedrooms.
Location Features:
Amenities:
Areas and Prices:
Local Infrastructure:
All apartments in MBL Royal Residences are marble finished, with dark furniture and finishes creating a sense of luxury. All apartments will have floor-to-ceiling windows and at least one balcony. Signature appliances will be installed in all kitchens, with high-quality hardware and premium-class lighting used in each room.
Key Features:
Buying Advantages:
Payment Plan: 40/60 upon completion
Investment Returns: 7.6%
Developer Information:
Since 1978, MAY Development has been a real estate arm of the MAG Group, a multinational conglomerate based in the UAE. As one of the largest corporations in the region, MAG Group Holding holds leading positions in real estate, contracting, engineering, industrial and commercial trading, freight transportation, and hotel business. Today, MAG Development's interests range from innovative initiatives in building affordable housing and luxury complexes to providing health-oriented living in the UAE.
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 (354 010 $) 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).