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

314 580 $

8 278 $ /м²

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Area

38 м2

Bedrooms

4

Apartment in Dubai. City - Dubai

Description

Property Details:
* Spacious Studio
* 1 Bathroom
* Area: 409 sq. ft.
* Payment Plan: 40% paid, 60% on handover
* Open Concept Layout

Step into the Peninsula Two Tower’s studio suite, where modern design meets convenience. The open-concept layout seamlessly integrates the living, dining, and sleeping areas, maximizing space and comfort. Large panoramic windows flood the room with natural light, offering breathtaking views of the bay, skyscrapers, and the iconic Burj Khalifa.

The studio is finished with sleek, contemporary materials that enhance its stylish appeal. The bathroom is well-appointed with modern fixtures, adding to the suite’s luxury. With a payment plan of 40% paid and 60% on handover, this property offers an attractive opportunity for both investors and future residents.

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 international clients exceptional service, expert advice, and comprehensive support in property sales, purchase and rentals.

Additional details

Property type

Residential Properties

Object type

Flat

Price

314 580 $

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 (314 580 $) 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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