Main Countries Buy Rent

Flat 71 м² in Dubai, UAE (United Arab Emirates)

ID 4OVyO
Share
VKFacebookOK
Area
71 m²
Bedrooms
1

Description

Flat in Dubai. City - Dubai

ID D1201_VERDE_BY_SOBHA

Verde by Sobha - the first residential complex by Sobha Realty in the Jumeirah Lake Towers area. The iconic 58-storey tower is located opposite JLT Cluster H and will consist of 1-3 bedroom residences, as well as 1.5 and 2.5 bedroom apartments including a study/office. Some units also feature external storage space. All units will include at least one balcony and a laundry/utility room, and the complex will offer a wide range of first-class recreational amenities for residents to enjoy either at the podium level or on the top of the building.

Location Features:

  • LOCATED BEHIND CLUSTER H
  • GREAT SURROUNDING INFRASTRUCTURE
  • ALL LOCAL CONVENIENCES WITHIN WALKING DISTANCE
  • PUBLIC TRANSPORT WITHIN WALKING DISTANCE
  • VARIED SELECTION OF RESTAURANTS AND ENTERTAINMENT VENUES
  • CLOSE TO JBR TOURISM CENTER
  • STUNNING VIEWS OF SURROUNDING GOLF COURSES AND DUBAI MARINA YACHT HARBOR
  • EASY ACCESS TO SZR AND SURROUNDING ROAD NETWORKS
  • ONE OF THE BEST INFRASTRUCTURES IN DUBAI
  • AMAZING VIEWS OF THE DUBAI MARINA YACHT HARBOR
  • 30 MINUTES DRIVE TO DXB AIRPORT
  • 20 MINUTES DRIVE TO DUBAI CITY CENTER

Amenities:

  • SWIMMING POOL and LANDSCAPED POOL
  • GYM
  • CHILDREN'S PLAY AREA
  • MULTIFUNCTION ROOM
  • BARBECUE AREAS
  • RELAXATION ZONES
  • STEAM ROOMS AND SAUNAS
  • REST AREAS
  • RESTAURANTS
  • RESIDENTS' LOUNGE

Areas and Prices:

  • 1 BEDROOM - FROM 71 SQM TO 81 SQM - FROM 1,690,000 AED
  • 2 BEDROOM - FROM 94 SQM TO 131 SQM - FROM 2,050,000 AED
  • 3 BEDROOM - FROM 166 SQM TO 178 SQM - FROM 3,750,000 AED
  • ENTIRE FLOOR - 1299 SQM - FROM 30,800,000 AED

Local Infrastructure:

  • SUPERMARKETS: Big Buy Supermarket, ZOOM, Near Me Minimart DMCC, Spinneys, Grab Mart
  • PUBLIC TRANSPORT: METRO - DMCC Metro Station, Sobha Realty Metro Station, BUS - Dubai Arch Tower, Dubai Star Tower
  • SCHOOLS/NURSERIES: Oakfield Early Learning Centre DMCC, Emirates International School - Meadows, Kids Kingdom JLT Nurseries
  • MEDICAL FACILITIES: Armada Medical Center, Life Medical Center DMCC, Mediclinic Meadows, Aster Clinic JLT
  • RETAIL/F&B: JBR Walk, Dubai Marina Shopping Center, JLT, Dubai Harbor
  • GAS STATION: bombing oil dmcc, OPP Emirates International School
  • ATTRACTIONS: Dubai Harbor, Dubai Marina, Palm Jumeirah

These residences will feature open-plan living and dining areas, with some apartments having an additional dining space in the closed kitchen. Each unit will have at least one balcony and floor-to-ceiling windows offering views of the JLT skyline, Emirates Hills golf complex, Emirates Hills meadows, Jumeirah park, or Jumeirah island. Interiors will be clean and modern, with shades of gray and a natural color palette.

Key Features:

  • ALL UNITS HAVE ONE BALCONY AND UTILITY ROOM/LAUNDRY, AS WELL AS A CLOSED KITCHEN
  • 1.5 AND 2.5 BEDROOM APARTMENTS INCLUDE A STUDY/OFFICE
  • IN MOST 2 AND 3-BEDROOM RESIDENCES, THERE IS A MAID'S ROOM AND BATHROOM, AND A POWDER ROOM
  • ALL BEDROOMS HAVE AN ENSUITE BATHROOM, AND MOST MASTER BEDROOMS HAVE A WALK-IN CLOSET
  • ALL OTHER BEDROOMS HAVE BUILT-IN WARDROBES
  • SOME CLOSED KITCHENS ALSO FEATURE A DINING AREA
  • SOME UNITS ALSO INCLUDE EXTERNAL STORAGE

Investment Advantages:

  • EXPECTED TO GENERATE AED 1.6 BILLION
  • INITIAL RELEASE - FLOORS 1-23 AND 37-57
  • JLT - ONE OF THE MOST SOUGHT AFTER AREAS FOR REAL ESTATE INVESTMENT IN DUBAI
  • HIGHLY RESPECTED DEVELOPER WITH POPULAR PREVIOUS DEVELOPMENT PROJECTS
  • GREAT INVESTMENT RETURN POTENTIAL, AS SIMILAR RESIDENTIAL TOWERS IN JLT GENERATE 8.2%
  • 10-12 APARTMENTS PER FLOOR
  • WIDE RANGE OF AMENITIES WITHIN THE COMPLEX
  • GREAT LOCATION WITH EXCELLENT ROAD NETWORK AND PUBLIC TRANSPORT OPTIONS
  • SURROUNDED BY EXCELLENT INFRASTRUCTURE, RESTAURANTS, AND PUBLIC TRANSPORT STOPS
  • PET-FRIENDLY IN JLT, PLENTY OF POCKET PARKS
  • PLENTY OF NURSERIES AND CHILDREN'S ENTERTAINMENT OPTIONS IN THE AREA

Payment Plan: 80/20 (20% deposit)

Investment Return: 1 Bedroom - 8.2%

Developer Information:

SOBHA REALTY - AN INTERNATIONAL LUXURY DEVELOPER FOUNDED IN 1976 IN OMAN. THE COMPANY HAS EXPANDED ITS PRESENCE IN THE UAE, OMAN, BAHRAIN, BRUNEI, AND INDIA AND POSTED RECORD REVENUES OF $544 MILLION 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:

  • SERVICE CHARGES: AED 16-18 PER SQ FT
  • DEDICATED PARKING: YES
  • RESALE POLICY: OUT OF PLAN AFTER PAYING 40%

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
460 214 $
Floor
32

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 (460 214 $) 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

Flat with 1 bedroom in Dubai, UAE (United Arab Emirates)