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Flat 65 м² in Dubai, UAE (United Arab Emirates)

ID 4OVxp
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Area
65 m²
Bedrooms
1

Description

Flat in Dubai. City - Dubai

ID D1135_PALM_BEACH_TOWER_1

Palm Beach Towers will become a beautiful coastal residential retreat consisting of three high-rise buildings with 1265 luxurious apartments. Palm Beach Tower 1 will include residences ranging from 1-3 floors with a 360-degree view of the sea. The complex will feature numerous shops, restaurants, health and fitness centers, including parks, pools, and sports facilities. The total area of the complex is 5.5 million square feet, of which 8600 square feet will be occupied by retail spaces.

Location Features:

  • PALM BEACH TOWERS LOCATED RIGHT AT THE ENTRANCE OF PALM JUMEIRAH HOTEL
  • AT THE TOP OF PALM MONORAIL ROAD
  • DIRECT ACCESS TO SHEIKH ZAYED ROAD
  • 5 MINUTES TO DUBAI YACHT HARBOUR
  • CLOSE TO THE GOLDEN MILE
  • NAKHEEL SHOPPING CENTER - A LOCAL SHOPPING DESTINATION
  • DIRECT ACCESS TO BEACH ROAD
  • STUNNING VIEWS OF PALMS, SEA, DUBAI HORIZON, AIN DUBAI
  • 30 MINUTES DRIVE TO DXB AIRPORT
  • 20 MINUTES DRIVE TO DUBAI DOWNTOWN
  • PLETHORA OF HOTELS AND RESORTS IN CLOSE PROXIMITY
  • ACCESSIBLE TO PALM FROM ANY PART OF THE CITY
  • GREAT ENTERTAINMENT VENUES AND FINE-DINING RESTAURANTS NEARBY

Amenities:

  • SWIMMING POOLS
  • LANDSCAPE PARK
  • BBQ AREAS
  • PRIVATE BEACH CLUB
  • RESTAURANTS
  • GYM
  • OPEN FITNESS AREAS
  • RUNNING TRACK

Areas and Prices:

  • 1 BEDROOM - FROM 65 SQ. M. FROM 2,100,000 AED
  • 2 BEDROOM - FROM 120 SQ. M. FROM 4,100,000 AED
  • 3 BEDROOM - FROM 213 SQ. M. FROM 6,000,000 AED

Local Infrastructure:

  • SUPERMARKETS: Spinneys Golden Mile, Waitrose, All Day Fresh
  • PUBLIC TRANSPORT: Palm Jumeirah Monorail Station
  • SCHOOLS/NURSERIES: Asya's Nursery, Redwood Montessori Nursery, Dubai College, GEMs Wellington International School
  • MEDICAL FACILITIES: Dubai London Clinic - Nakheel Mall, Al Das Medical Clinic
  • RETAIL/F&B: On-site, Golden Mile, Nakheel Mall, The Point
  • GAS STATION: ENOC 1060
  • ATTRACTIONS: Dubai Harbour, Dubai Marina, Palm Jumeirah, The Point

Residences start from the 10th floor of the building, and the complex also features a 14-story parking lot. Interiors are designed in light tones, with light floors throughout and marble kitchen countertops and bathrooms. The lighting design complements floor-to-ceiling windows perfectly. The project's architects are WS Atkins & Partners.

Key Features:

  • 3 MULTI-FUNCTIONAL HIGH-RISE BUILDINGS
  • FLOOR-TO-CEILING WINDOWS
  • 360-DEGREE VIEW OF PERSIAN GULF
  • SPACIOUS MULTI-FUNCTIONAL ROOM FOR ALL RESIDENTS
  • DIRECT ACCESS TO PRIVATE BEACH CLUB
  • LANDSCAPED PODIUM AREA
  • 8,600 SQ. FT. OF RETAIL SPACES
  • PLETHORA OF AMENITIES AND FACILITIES ON HOTEL PREMISES

Advantages of Buying:

  • ANOTHER LONG-AWAITED NAKHEEL PROJECT
  • FREEHOLD COMPLEX
  • GREAT LOCATION AT ENTRANCE OF PALM
  • PANORAMIC VIEWS OF SEA AND PALM
  • ONE OF THE BEST VIEWS IN ALL OF DUBAI
  • MULTI-FUNCTIONAL COMPLEX - AT LEAST ONE OF THE TOWERS WILL HOUSE OFFICES
  • CLOSE PROXIMITY TO MANY CONVENIENCES AND ENTERTAINMENT VENUES, BOTH ON PALM AND IN DUBAI MARINA
  • WORLD-RENOWNED DEVELOPER
  • 14-STORY PARKING FACILITY
  • PALM JUMEIRAH RANKED AMONG TOP 3 MOST POPULAR REAL ESTATE LOCATIONS IN DUBAI
  • GREAT INVESTMENT RETURN POTENTIAL

Payment Plan: 60/40 (15% deposit + 4% domain name commission)

Return on Investment: 5.6% (Palm Jumeirah Residences)

Developer Information:

NAKHEEL - A LEADING GLOBAL DEVELOPER, BUILDING HUNDREDS OF WATERFRONT HOMES, RESORTS, HOTELS, AND LANDMARKS. THE COMPANY IS ONE OF THE LARGEST DEVELOPERS IN THE REGION, HOME TO AROUND 300,000 PEOPLE, AND INVOLVED IN MAJOR PROJECTS ACROSS DUBAI, INCLUDING PALM JUMEIRAH, THE WORLD, JUMEIRAH ISLANDS, JUMEIRAH PARK, JUMEIRAH VILLAGE, GARDENS, AND MORE.

Things to Know:

  • SERVICE CHARGES: TBD AED PER SQ. FT.
  • DEDICATED PARKING: YES (14-story podium parking)
  • RESALE POLICY: NOT AS PER PLAN AFTER 40% PAYMENT. READY PROPERTY - ANYTIME.

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
571 863 $
Floor
25

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 (571 863 $) 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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