768 994 $
Flat with 1 bedroom in Dubai, UAE (United Arab Emirates)
Dubai, UAE (United Arab Emirates)
Flat in Dubai. City - Dubai
D1008_WAVES_OPULENCE
Waves Opulence is the final project in the Waves trilogy, which also includes Waves and Waves Grande. The complex is located in the Waterfront District in Sobha Hartland. Waves Opulence will feature apartments with 1-3 bedrooms and duplexes with four bedrooms and at least one balcony. The project also includes residential units with 1.5 and 2.5 bedrooms, which will have a study or storage room.
Location Highlights:
Amenities:
Areas and Prices:
Local Infrastructure:
All residences in Waves Opulence will have open layouts and huge floor-to-ceiling windows overlooking the promenade. Light grey tones will dominate the color palette, with darker shades for the floors. The kitchens and bathrooms will feature light marble countertops and sinks.
Key Features:
Buying Advantages:
Payment Plan: 60/40
ROI: 6.3%
Developer Information:
Sobha Realty - an international luxury real estate developer, founded in 1976 in Oman. The company has expanded its presence in the UAE, Oman, Bahrain, Brunei, and India, and in the first half of 2021, it achieved a record revenue of USD 544,000,000. Some of Sobha Realty's most notable projects include Sobha Hartland, The Crest, and One Park Avenue.
Things to Know:
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 (766 712 $) 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).