4 084 740 $
Dubai, UAE (United Arab Emirates)
ID D1131_ONE_CRESCENT
Flat in Dubai. City - Dubai
ID D1167_THE_S_TOWER
Sobha LLC presents another bright project called Signature Tower. Located at the entrance to Palm Jumeirah, the new complex offers a limited collection of ultra-luxurious penthouses with 4 bedrooms per floor and 5 bedrooms on the full floor with stunning finishes and world-class amenities. In total, there are 84 apartments spread across 44 residential levels. The complex will combine both eco-friendliness and premium lifestyle.
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The interiors of S Tower are adorned with large marble ceramic tiles and solid oak doors. Each residence is decorated in warm natural tones with modern accents. The apartments will also feature a 'smart home' automation system for controlling air conditioning/lighting/kitchen appliances/curtains.
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About the Developer:
SOBHA REALTY - AN INTERNATIONAL LUXURY DEVELOPER, FOUNDED IN OMAN IN 1976, HANDING OVER MORE THAN 10,000 PROPERTIES. THE COMPANY HAS EXPANDED ITS PRESENCE IN THE UAE, OMAN, BAHRAIN, BRUNEI, AND INDIA AND POSTED RECORD REVENUE OF $544 MILLION IN THE FIRST HALF OF 2021. WELL-KNOWN PROJECTS BY SOBHA REALTY INCLUDE SOBHA HARTLAND, THE CREST, AND ONE PARK AVENUE.
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 (4 094 810 $) 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).