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

288 856 $

7 601 $ /м²

4OejS
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Area

38 м2

Bedrooms

4

Apartment in Dubai. City - Dubai

Description

This high-end studio is housed in Upper House, a premium development by Ellington Properties in partnership with the Dubai Multi Commodities Centre (DMCC) in the sought-after Jumeirah Lake Towers (JLT).

The property in Upper House will have a home automation system with a mobile and keypad-controlled door, AC, and a light system controlled via Bluetooth.

Property details: 
* Studio
* Size: 412 sq . ft.
* Built-in wardrobes
* Premium location
* Motivated Seller

Exclusive Amenities:
- 121 ft lagoon-style pool with a children’s splash pad
- Sky spa
- Skate park
- Activity court with an urban basketball court, a padel tennis court
- 17-seater private cinema with a dedicated popcorn corner
- Immersive fitness studio with a climbing wall, changing rooms and infrared sauna

Jumeirah Lake Towers is a mixed-use waterfront community of Dubai. It is home to Dubai Multi Commodities Center – DMCC, the largest and fastest growing free zone in the UAE. It is set around four man-made lakes and an area for parkland.

Tradegoria (TRADEGORIA) is dedicated to de

Additional details

Property type

Residential Properties

Object type

Flat

Price

288 856 $

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 (288 856 $) 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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