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Flat 724 м² in Dubai, UAE (United Arab Emirates)

11 268 221 $

15 563 $ /м²

4OV30
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Area

724 м2

Bedrooms

4

Bathrooms

5

4 bedroom luxury apartment for sale in Dubai

Introducing from Driven Properties: apartments, villas, townhouses and mansions in Dubai, UAE. Business Bay is one of the trendy residential and business centers located amidst the glistening waters of Dubai Canal. It borders the famous city center of Downtown Dubai. The area is known for its cosmopolitan and fast-paced atmosphere, attracting young professionals working in Downtown Dubai, Sheikh Zayed Road and DIFC. Life here is mainly geared towards young couples and singles, but recently many families have also shown interest in the area, especially in investing in apartments. There is a good diversity among the nationalities here, making Business Bay a multicultural neighborhood. Call our Dubai real estate expert, Khadija El Othmani at +971561132677. Since its inception in 2012, Driven Properties has grown into one of the largest real estate platforms in the region. With multiple branches in Dubai, Ajman, China and Saudi Arabia, Driven Properties manages a portfolio of over 10,000 residential units.

Services and facilities

Furniture

Additional details

Property type

All Types

Object type

Flat

Price

11 268 221 $

Characteristics

Furniture

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 (11 268 221 $) 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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