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Flat 371 м² in Dubai, UAE (United Arab Emirates)

5 797 824 $

15 627 $ /м²

4OW02
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Area

371 м2

Bedrooms

2

Bathrooms

3

Luxury 2 bedroom apartment in Dubai

Dubai Sotheby'\'\'s International Realty is pleased to present a unique 2-bedroom penthouse at FIVE Palm Jumeirah, Palm Jumeirah. This premium penthouse offers over 4,000 square feet of indoor and outdoor space, with a large living and dining area. There is a modern kitchen that is great for entertaining, and a huge private terrace with its own private pool. The home has two full bedrooms with private bathrooms that have been skillfully designed as sleeping paradises. To make the most of the coveted surroundings, the penthouse has incredible views of the sea and Dubai Marina, which are especially nice at sunset. This penthouse is located in the FIVE Palm Jumeirah five-star hotel on Palm Jumeirah Island. This makes it a highly sought-after luxury property in an upscale residence, providing a superior level of service and access to a host of resort-type amenities. Residents will have access to a luxurious spa, gorgeous pools, a 24-hour gym and services such as parking, concierge services and in-room dining. To find out more about this luxury property in Palm Jumeirah, contact us today to arrange a viewing.

Additional details

Property type

Residential Properties

Object type

Flat

Price

5 797 824 $

FAQ

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 (5 797 824 $) 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).

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