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Flat 60 м² in Dubai, UAE (United Arab Emirates)

ID 4OVJl
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Area
60 m²
Bedrooms
1

Description

Flat in Dubai. City - Dubai

ID D1200_UPSIDE_LIVING

Upside Living is a new elite complex located on the outskirts of Business Bay. The project offers fully furnished studios and one-bedroom apartments, which are perfect for business professionals. The residential amenities are geared towards work and business, but still include a gym, pool, and relaxation areas. The project will have a great view of the surroundings and provide residents with access to excellent road connectivity. These residences are more spacious compared to similar complexes in the same area.

Location highlights:

  • CLOSE TO CITY CENTER
  • CLOSE TO MAJOR DUBAI LANDMARKS
  • 5 MINUTES DRIVE TO DUBAI MALL
  • SPECTACULAR CITY VIEWS
  • EASY ACCESS TO AL-HAYL ROAD
  • EXCELLENT TRANSPORTATION NETWORK
  • PLETHORA OF FINE DINING RESTAURANTS AT SLS AND PARAMOUNT HOTEL NEARBY
  • LESS THAN 20 MINUTES DRIVE FROM DXB AIRPORT
  • LESS THAN 5 MINUTES DRIVE FROM BUSINESS BAY
  • GREAT LOCATION FOR BUSINESS PROFESSIONALS

Amenities:

  • POOL
  • OPEN PATIOS
  • COMMUNAL SPACES
  • PRIVATE CONFERENCE ROOMS
  • GYM
  • TREADMILL
  • SUNBATHING TERRACE
  • LANDSCAPED GARDENS
  • COWORKING SPACES

Areas and prices:

  • STUDIO - 37 SQ. FT. FROM 960,000 AED
  • 1 BEDROOM - 60 SQ. FT. FROM 1,600,000 AED
  • FULL FLOOR FROM 28,000,000 AED

Local infrastructure:

  • SUPERMARKETS: Choithrams Bay Square, Al Maya supermarket, Spinneys, Carrefour
  • PUBLIC TRANSPORT: METRO - Business Bay, BUS - Avanti Tower, Capital Gold Tower
  • SCHOOLS/CRÈCHES: Maple Bear Preschool, Jumeirah International Nursery, JSS Private School, Global Indian International School
  • MEDICAL FACILITIES: Advanced Centre of Excellence, Monroe Medical Center, Baton Medical Center, Aster Business Bay Clinic
  • RETAIL/F&B: Dubai Mall, Boulevard, within hotel premises
  • PETROL STATION: ADNOC Business Bay
  • LANDMARKS: Burj Khalifa, Dubai Mall, Dubai Fountains, Meydan Mall

Upside Living interiors will feature natural Italian terrazzo floors and comfortable, durable furniture in each space. Kitchens will be equipped with modern SMEG appliances with hob and heat-resistant countertops, as well as ample storage space. Bathroom fixtures and accessories will be from Carlo Frattini & Geberit. All lighting in the building and residential spaces will be LED, fully integrated with low-energy systems.

Key Features:

  • SIGNATURE GYM/POOL/TENNIS COURT/BBQ
  • COMMUNAL KITCHEN/CONFERENCE ROOMS/PARTY HALL
  • ALL RESIDENCES FULLY FURNISHED
  • MAGNIFICENT VIEWS OF DUBAI CANAL AND DUBAI CENTER FROM ALL APARTMENTS
  • KITCHENS FULLY EQUIPPED WITH SMEG APPLIANCES
  • PLENTY OF STORAGE SPACE
  • SMART HOME TECHNOLOGY - KEYLESS ENTRY

Buying benefits:

  • FREEHOLD RESIDENCES AVAILABLE TO ALL NATIONALITIES
  • GREAT LOCATION AND TRANSPORT LINKS
  • ONE OF THE MOST POPULAR 'MUST-VISIT' PLACES IN DUBAI
  • ABOVE-AVERAGE INVESTMENT RETURNS
  • PROJECT NEAR COMPLETION
  • GREAT RESIDENCES FOR BUSINESS PROFESSIONALS WITH BUSINESS-ORIENTED AMENITIES
  • GOOD SUCCESSION PLAN FOR MANAGED APARTMENTS
  • SURROUNDED BY HOTELS, FINE DINING RESTAURANTS, RETAIL STORES, AND SUPERMARKETS

Payment plan: 100% upfront or 25/75 after 1 year of handover for managed apartments

Investment returns: 7% for 3 years

Developer information:

Founded in 1958 by Abdulsalam Alrafi for trading agricultural goods such as tea, sugar, and rice at Al Ras Deira market, SRG Holding has since grown to become one of the leading family holding companies in the Emirates with extensive operations in real estate development and management, real estate investments, and wholesale trading. SRG Holding projects include Marina Heights Towers, Al Salam Hotel Suites, and Al Salam Grand Hotel and Hotel Apartments.

What you need to know:

  • SERVICE CHARGE: AED 26 PER SQ. FT.
  • DEDICATED PARKING: YES (X1 UNDERGROUND PARKING)
  • RESELLING POLICY: OUT OF PLAN AFTER 40% PAYMENT

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
435 705 $
Floor
15

FAQ

How can I get a residence permit by buying property in UAE (United Arab Emirates)?

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.

Is a mortgage available for non-residents in UAE (United Arab Emirates)?

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.

What taxes and fees apply when buying in UAE (United Arab Emirates)?

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.

How is the title checked in UAE (United Arab Emirates)?

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.

Can I rent out property after purchase in UAE (United Arab Emirates)?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (435 705 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in UAE (United Arab Emirates)?

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).

Related sections

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