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Flat 98 м² in Dubai, UAE (United Arab Emirates)

472 851 $

4 825 $ /м²

4OeBW
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Area

98 м2

Bedrooms

1

Apartment in Dubai. City - Dubai

Description

Step into this luxurious 1-bedroom apartment in DAMAC Towers by Paramount at Business Bay. The living area is adorned with high-end furnishings and floor-to-ceiling windows, bathing the space in natural light. The bedroom offers built-in wardrobes and a serene ambiance, while the bathroom is sleek and contemporary. Enjoy city views from the private balcony, perfect for unwinding. Central air conditioning and high-speed internet ensure comfort and connectivity.

Property Features:

* 1-bedroom apartment
* High-end furnishings
* Fully equipped kitchen
* Spacious living area
* Floor-to-ceiling windows
* Built- in wardrobes
* Modern bathroom
* Balcony with city views
* Central air conditioning

DAMAC Towers by Paramount is a prestigious development offering a blend of Hollywood glamour and comfort. Located in Business Bay, this complex features four towers, each with stunning city views. Amenities include a swimming pool, fitness center, spa, restaurants, and a luxury cinema. The lobby exudes elegance with a Paramount-themed design. 

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. Мы говорим на 44+ языках, предлагая нашим местным и международным клиентам

Additional details

Property type

Residential Properties

Number of rooms

1

Object type

Flat

Price

472 851 $

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 (472 851 $) 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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