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Flat 59 м² in Dubai, UAE (United Arab Emirates)

387 968 $

6 575 $ /м²

4OeMT
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Area

59 м2

Bedrooms

1

Apartment in Dubai. City - Dubai

Description

Perfectly situated next to downtown and Dubai’s prime economic hubs, THE PARAGON by IGO combines sophisticated city style with all of the benefits of trendy community living. An upscale lifestyle with more amenities than you could dream up, these apartments are created for the future-minded investor who won’t settle for anything but unmatched perfection. THE PARAGON smart homes equipped residences, branded fully equipped kitchens. Whether you want to work, exercise or socialize – this building has it all.

Property Details:
* 1 Bedroom
* 2 Bathrooms
* Size: 638 sq. ft
* High Floor
* Built-in wardrobes
* Estimated Completion in January 2025


AMENITIES:
- Barbecue Facilities
- Cafe
- Fitness center
- Landscaped garden areas
- Swimming pool and yoga
- Meditation areas
- Valet parking service for residents and guests

Business Bay is a buzzing and bustling area of just over 4km in size. This small, but full of life district really comes alive during the week, housing many captivating office skyscrapers and unique residential buildings. The area is filled with both fine dining restaurants and places to grab a bite to eat for lunc

Additional details

Property type

Residential Properties

Number of rooms

1

Object type

Flat

Price

387 968 $

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 (387 968 $) 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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