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Flat 42 м² in Dubai, UAE (United Arab Emirates)

198 257 $

4 720 $ /м²

4OeKc
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Area

42 м2

Bedrooms

1

Apartment in Dubai. City - Dubai

Description

Property Features:
* Studio
* 1 Bathroom
* Open and Fully Fitted Kitchen
* Very High Floor
* BUA: 451. 12 sq ft
* Furnished
* Burj Khalifa View

Experience a luxurious lifestyle in this beautifully furnished studio apartment located on a very high floor in Damac Towers by Paramount Hotels and Resorts. The open and fully fitted kitchen seamlessly integrates with the living space, offering a practical and stylish setup for modern living. With high-quality furnishings and stunning views of the Burj Khalifa, this apartment is designed for those who appreciate comfort and elegance. The layout maximizes space, creating an inviting atmosphere perfect for both relaxation and entertainment.

Damac Towers by Paramount Hotels and Resorts is situated in the prestigious Burj area, one of Dubai's most sought-after locations. This upscale mixed-use community combines commercial, residential, hospitality, entertainment, shopping, and leisure facilities, all surrounded by open green spaces, lakes, and fountains.

The Metropolitan Group is the leading real estate agency in the UAE, proudly recognized as the third Best Workplace™ in 2024 in the Large Business category by Great Place to Work. We speak 44+ languages, offering our local and inte

Additional details

Property type

Residential Properties

Object type

Flat

Price

198 257 $

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 (198 257 $) 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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