Flat 66 м² in Dubai, UAE (United Arab Emirates)

1 154 101 $

17 486 $ /м²

4Oe8S

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Area

66 м²

Bedrooms

Apartment in Dubai. City - Dubai

Description

Are you in search of an investment property in Dubai's highly coveted beachfront locale? Look no further!

Penthouse.ae is delighted to present this studio apartment in Five Luxe JBR, offering breathtaking views of the pristine ocean. Reach out to our property expert for more details.

FIVE Beach stands out as a premier beach property, featuring 227 suites, 102 serviced residences, seven restaurants and bars, a spa, a social pool, and a private beach. The entire property boasts uninterrupted sweeping sunset sea views, with evenings adorned by the iconic Ain Dubai. FIVE is already renowned for its ultra-modern hotels in the city and vibrant party brunches.

Property Details:
* Brand New
* Studio
* 1 Bathroom
* Fully Furnished
* Size: 711. 92 sq ft
* Fully fitted kitchen
* Built-in wardrobes
* High Floor
* 1 Parking space
* Sea View

Features and Amenities:
* Private Beach Access
* 24- hour Maintenance
* Concierge and security 24/7
* Paddle Court
* Kids Area
* ReFIVE Spa
* Close proximity to fantastic restaurants and nightclubs
* Homeowners get a 20% discount on all FI

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 154 101 $

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 (1 154 101 $) 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).