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Flat 61 м² in Dubai, UAE (United Arab Emirates)

ID 4OVx6
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Area
61 m²
Bedrooms
1

Description

Flat in Dubai. City - Dubai

ID D1073_DAMAC_BAY_BY_CAVALLI

DAMAC Bay by Cavalli will be a stunning complex of 3 buildings housing 231 luxury and super-luxury duplex apartments. Residences will range from 1-3 bedroom luxury apartments on floors 2-32 and 3-5 bedroom super-luxury duplexes on floors 33-44. Each two-story residence will also have its own balcony pool. The impressive complex will be branded under Cavalli and will feature some of the world's first Cavalli branded residential complexes, including the private Cavalli club, beach club, and spa center.

Location Highlights:

  • LOCATED ON DUBAI HARBOUR
  • ALL LOCAL AMENITIES WITHIN WALKING DISTANCE
  • PUBLIC TRANSPORT WITHIN WALKING DISTANCE
  • PLETHORA OF RESTAURANTS AND ENTERTAINMENT VENUES NEARBY
  • CLOSE TO DUBAI YACHT HARBOUR AND PALM
  • EASY ACCESS TO SHEIKH ZAYED ROAD
  • DIRECT ACCESS TO BEACH ROAD LEADING TO SRZ, JUMEIRAH, AL WASL, AND JBR
  • INCREDIBLE VIEWS OF PALM, DUBAI YACHT HARBOUR, AND BLUEWATERS ISLAND
  • CLOSE TO DUBAI YACHT, JBR, AND PALM MARINA
  • 30-MINUTE DRIVE TO DXB AIRPORT

Amenities:

  • WATER FEATURES
  • FITNESS CLUB
  • SPA
  • WAVE POOL
  • ACCESS TO PRIVATE BEACH
  • CHILL OUT ZONE
  • UNDERWATER SWIMMING POOL
  • CIGAR LOUNGE
  • JUNGLE OASIS
  • PRIVATE CAVALLI CLUB
  • INFORMAL WORKING SPACES

Areas and Prices:

  • 1 BEDROOM - FROM 61 SQ. M. AED 2,900,000
  • 2 BEDROOM - FROM 108 SQ. M. AED 4,200,000
  • 3 BEDROOM - FROM 144 SQ. M. AED 6,000,000
  • 3 BEDROOM - 301 SQ. M. AED 14,200,000
  • 5 BEDROOM - 611 SQ. M. AED 28,000,000

Local Infrastructure:

  • SUPERMARKETS: Caramel Center, Carrefour Marina Crown, Atlantis, Fresh Plus
  • PUBLIC TRANSPORT: METRO - Sobha Realty, TRAM - Mina Seyahi
  • SCHOOLS/NURSERIES: Art Basis School, Raffles Nursery, Middle East Academy, Regents International School
  • MEDICAL FACILITIES: King's Marina Medical Center, Top Medical Centre, Medcare JBR Medical Center
  • RETAIL/F&B: Dubai Harbour, Nakheel Mall, Dubai Marina, MORE, Golden Mile
  • GAS STATION: Dubai Port
  • ATTRACTIONS: Dubai, Blue Waters Island, Dubai Marina, Palm Jumeirah

These impressive residences will bear the Cavalli brand, meaning interiors will be luxurious and grand with the use of metal, marble, and animal prints throughout. However, the residences will be delivered unfurnished. Green accents will be used in finishes, and public areas will have lighting suspended from double-height ceilings.

Key Features:

  • ALL BEDROOMS HAVE EN-SUITE BATHROOMS AND BUILT-IN CLOSETS
  • MASTER BEDROOMS HAVE WALK-IN CLOSETS
  • ALL APARTMENTS HAVE AT LEAST ONE BALCONY
  • TWO-LEVEL APARTMENTS FEATURE ADDITIONAL LIVING AREA ON UPPER FLOOR AND UTILITY ROOM
  • ALL TWO-LEVEL APARTMENTS HAVE A PRIVATE BALCONY POOL
  • INCREDIBLE PODIUM WITH GREAT RESIDENTIAL AMENITIES AND SKY GARDEN
  • PRIVATE CAVALLI CLUB AND BEACH CLUB WITHIN THE COMPLEX

Buying Benefits:

  • BRAND NEW OWNERSHIP AREA AND COMMUNITY
  • APARTMENTS BRANDED UNDER CAVALLI
  • LONG-AWAITED DEVELOPMENT PROJECT
  • CAPTIVATING VIEWS OF THE SEA, PALM JUMEIRAH, AND DUBAI YACHT HARBOUR
  • REPUTABLE DEVELOPER WITH MULTIPLE PROJECTS ACROSS DUBAI
  • UNPARALLELED BEACH LIFESTYLE EXPERIENCE
  • GREAT LOCATION AND INFRASTRUCTURE
  • EXCELLENT PAYMENT PLAN WITH LOW OVERRUNS
  • LARGEST AND MOST MODERN YACHT MARINA IN THE REGION
  • RENTING A 1-BEDROOM BEACHFRONT APARTMENT AT EMAAR STARTS FROM $100,000 PER YEAR
  • GREAT RESIDENTIAL AMENITIES AND ONE OF THE FIRST CAVALLI-BRANDED PROPERTIES IN THE WORLD

Promotion: apartments on full floors receive a discount of 1-3% depending on the amount of the initial payment

Payment Plan: over 80/20 (20% deposit)

Return on Investment: 6% On Emaar Beach

About the Developer: DAMAC PROPERTIES HAS BEEN SHAPING THE ELITE REAL ESTATE MARKET OF THE MIDDLE EAST SINCE 2002, OFFERING ICONIC RESIDENTIAL, COMMERCIAL, AND LEISURE PROPERTIES ACROSS THE REGION AND BEYOND. OVER 36,000 HOMES HAVE BEEN DELIVERED, WITH 29,000 UNITS CURRENTLY UNDER CONSTRUCTION.

What You Need to Know:

  • SERVICE CHARGES: FROM AED 18 PER SQ. FT
  • DEDICATED PARKING: YES (1-4 PARKING SPACES)
  • RESALE POLICY: OUT OF PLAN AFTER 50% PAYMENT

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
789 716 $
Floor
35

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 (789 716 $) 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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