Flat 50 м² in Dubai, UAE (United Arab Emirates)

336 558 $

6 731 $ /м²

4Oev8

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Area

50 м²

Bedrooms

Apartment in Dubai. City - Dubai

Property Details:
- Studio
- 1 Bathroom
- Built-in Wardrobes
- Fully Fitted Kitchen
- Amazing View
- Central air conditioning
- Spacious Layout

Experience comfortable living in this stylish studio apartment at Elite Downtown Residence, Downtown Dubai. The space features a thoughtfully designed layout with a fully fitted kitchen equipped with modern appliances, built-in wardrobes offering ample storage, and a sleek bathroom. The large windows provide stunning views of the vibrant cityscape.

Elite Downtown Residence is a premium residential building located in the heart of Downtown Dubai. Residents enjoy a range of top-notch amenities, including a swimming pool, gymnasium, children's play area, and 24-hour security.

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

336 558 $

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 (336 558 $) 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).