Castleton is a new residential development by Meraas, featuring apartments located in Central Park at City Walk in Dubai. This apartment is a spacious, 2-bedroom apartment with a chic and stylish design. Equipped with fitted closets and modern fixtures, each room serves its function well. Property Details:* 2 bedrooms* 3 bathrooms* Unfurnished* Middle floor* Fitted wardrobes* Spacious and modern* Unconventional layout* Genuine resaleFeatures:* Swimming pool* Fitness center* Children's play area* Retail storesCity Walk Dubai (also called Citywalk) is a strategically designed urban project by MERAAS, located amidst one of Dubai's most popular communities, Jumeirah. Occupying over 900,000 square meters of land, it was developed in two phases alongside a self-contained residential area. Combining commercial and residential properties, City Walk provides an opportunity for those who prefer an upscale lifestyle. Metropolitan Premium Properties (MPP) is committed to providing its clients with a wide range of services: sales, leasing, property management, consulting services, mortgage brokerage and more.
Characteristics
Property type
Residential Properties
Object type
Flat
Price
925 346 $
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 (925 346 $) 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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