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Flat 144.28 м² in Dubai, UAE (United Arab Emirates)

1 276 766 $

8 849 $ /м²

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Area

144.28 м2

Bedrooms

2

Bathrooms

3

Real resale | Different payment options available | Amazing views

Canal Front Residences is a newly launched project by Meydan Group, introducing waterfront apartments located on the Dubai Water Canal. These upscale accommodations are complemented with modern amenities to provide you complete comfort and convenience. It is located in the popular Dubai Water Canal neighborhood, which is a big plus for the family atmosphere and accessibility to amenities. Property details: 2 bedrooms with en-suite bathrooms, 1,553 square feet, fitted closets, fully fitted kitchen, floor to ceiling windows, payment scheme available, original resale, expected handover in the third quarter of 2024. Amenities: ◆ Gym ◆ Swimming pool ◆ Multi-purpose room / playground ◆ Pedestrian connection between Safa and Jumeirah Beach neighborhoods ◆ Direct access to Dubai Water Canal / Promenade. Language Assistance: We are a global team speaking multiple languages. ** We speak Russian. Penthouse.ae, represented by Metropolitan, is a highly specialized team of global experts dedicated to providing clients with a wide range of services: sales, leasing, property management, consulting services, mortgage brokerage and many others.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 276 766 $

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 (1 276 766 $) 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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