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Flat 38 м² in Dubai, UAE (United Arab Emirates)

ID 4OjLB
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Area
38 m²
Bedrooms
4
Bathrooms
1

Description

Flat in Dubai. City - Dubai

Furnished turnkey studio in Elevate by Prescott! The apartment is equipped with all necessary appliances and a smart home system is installed! Panoramic pool view! In one of the most popular areas for living and renting – Arjan!

Completion date: March 2025

Floor: 13

Infrastructure: fountain, swimming pool, children's pool, indoor children's playground, gazebo, cafe-bar, fitness studio, wellness and health center, club room, barbecue area, cinema, business center.

Area: Arjan

Location:

5 minutes to Dubai Hills Mall

7 minutes to Sheikh Zayed Road

10 minutes to Burj Al Arab

10 minutes to Mall of the Emirates

19 minutes to Business Bay

20 minutes to Downtown Dubai

25 minutes to Dubai International Airport

There is an opportunity to purchase a resale with a mortgage and cover it with rental income!

Guaranteed payback and profitability of the property! Write or call us, we will consult you for free!

* Broker - Isaeva Dinara

Characteristics

Property type
Residential Properties
Object type
Flat
Price
171 522 $
Floor
13
Year of construction
2025

Infrastructure

  • Fitness center
  • Open pool
  • Cafeteria
  • Playground

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 (171 522 $) 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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