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Flat 77 м² in Dubai, UAE (United Arab Emirates)

ID 4OVwv
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Area
77 m²
Bedrooms
1

Description

Flat in Dubai. City - Dubai

ID D1054_CANAL_FRONT_RESIDENCES

These well-designed residences overlooking the canal will consist of 1-3 floor apartments and 3-bedroom penthouses, all with views of the Dubai Canal and surrounding parks. The complex will have residences on the 1st and 2nd floors in the first building and residences on the 2nd and 3rd floors in the second building. All apartments are very spacious, each with a balcony or terrace.

Location Features:

  • EXCELLENT LOCATION OPPOSITE BUSINESS BAY
  • CLOSE TO MOST MAJOR ATTRACTIONS IN DUBAI
  • LOCATED NEAR SAFA PARK
  • 5 MINUTES FROM DUBAI MALL
  • GREAT VIEWS OF DUBAI'S CENTRAL AREA AND CITYSCAPE
  • EASY ACCESS TO SHEIKH ZAYED ROAD
  • EXCELLENT INFRASTRUCTURE
  • 20 MINUTES DRIVE TO DXB AIRPORT
  • 5 MINUTES TO DOWNTOWN DUBAI
  • COSMOPOLITAN LUXURY LIVING IN THE HEART OF DUBAI
  • NEXT TO AL WASL ROAD - MANY CONVENIENCES, RETAIL SHOPS, AND F&B

Amenities:

  • SWIMMING POOL
  • GYM
  • BIKE TRACKS
  • RUNNING TRACK
  • WALKING TRAILS
  • PARKING

Areas and Prices:

  • 1 BEDROOM - FROM 77 SQ. FT. AED 1,700,000
  • 2 BEDROOM - FROM 168 SQ. FT. AED 2,400,000
  • 3 BEDROOM - FROM 177 SQ. FT. AED 3,700,000

Local Infrastructure:

  • SUPERMARKETS: Choithrams Al Wasl, Union Coop Jumeirah, Spinneys Al Wasl, Gate Plus supermarket
  • PUBLIC TRANSPORT: METRO Business Bay metro station, Bushadika Street, 2
  • RETAIL/F&B: Wasl Square Mall, Al Wasl Road, The Dubai Mall
  • PETROL STATION: Emarat Al Ittihad petrol station
  • SCHOOLS/NURSERIES: JESS Jumeirah School, Jumeirah College, Safa British School
  • MEDICAL FACILITIES: Medicare Hospital Al Safa, Prime Medical Center, Medicare Doctors Said
  • ATTRACTIONS: Burj Khalifa, Dubai Mall, Safa Park, Tolerance Bridge, Al Habtoor City

The modern, sophisticated, and attractive facade of the building will be carefully designed. Each residence will have floor-to-ceiling glass windows and balconies offering views of the surrounding parks. Spacious rooms, well-thought-out interiors, unique textures, and finishes will be used in all these well-equipped residences. The statement architecture is an ode to the serene beauty of the Dubai Water Canal, enhancing the quality of life in this thriving community.

Key Features:

  • FLOOR-TO-CEILING VIEWS OF SURROUNDING PARKS
  • SPACIOUS WALK-IN CLOSETS
  • BUILT-IN KITCHEN APPLIANCES
  • CERAMIC TILES IN ALL LIVING SPACES
  • 2 AND 3BR UNITS COME WITH STORAGE, LAUNDRY, AND WARDROBE CABINETS
  • PRIVATE BATHROOM IN EVERY BEDROOM
  • BALCONY OR TERRACE IN ALL APARTMENTS

Buying Advantages:

  • RELIABLE AND RESPECTED DEVELOPER
  • GREAT LOCATION WITH VIEWS OF DOWNTOWN DUBAI
  • VERY SPACIOUS APARTMENTS COMPARED TO SIMILAR PROJECT IN THE AREA
  • CLOSE TO ALL MAJOR EMIRATE ATTRACTIONS
  • RESIDENCES OFFER ONE OF THE BEST VIEWS OF DOWNTOWN DUBAI IN THE CITY
  • LOCATED IN PRESTIGIOUS AL SAFA/DUBAI CANAL AREA
  • PLENTY OF CONVENIENCES IN THE AL SAFA AREA
  • COMPLEX IS IN CLOSE PROXIMITY TO SAFA PARK
  • GREAT LOCATION FOR SCHOOLS AND MEDICAL FACILITIES
  • HIGHLY DESIRABLE AREA WITH SIMILAR DEVELOPMENTS BY OTHER BUILDERS IN THE SAME LOCATION

Payment Plan: 60/40

ROI: 5% (in the Al Safa area)

Developer Information:

Meydan - a visionary concept of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President of the UAE, Prime Minister and Ruler of Dubai. The developer has successfully completed a wide range of commercial properties, sports facilities, hotels, entertainment venues, schools, and luxurious villa developments along the waterfront.

Things to Know:

  • SERVICE CHARGE: TBD AED PER SQ. FT.
  • DEDICATED PARKING: YES
  • RESALE POLICY: NOT AS PER PLAN AFTER 40% PAYMENT. READY PROPERTIES - ANYTIME.

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
462 937 $
Floor
5

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 (462 937 $) 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).

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