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Flat 96 м² in Dubai, UAE (United Arab Emirates)

642 052 $

6 688 $ /м²

4OeAb
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Area

96 м2

Bedrooms

1

Apartment in Dubai. City - Dubai

Description

Property Details:  
* 1 bedroom
* 2 Bathroom
A holistic lifestyle experience
* Premium and high-end finishing
* Designed by master-jeweler de Grisogono Inspired by the healing properties of turquoise
Central air conditioning

Step into a luxurious 1-bedroom apartment in Chic Tower, where high-end finishes and a holistic lifestyle experience await. This residence features two elegant bathrooms and is designed by the renowned de Grisogono, inspired by the calming properties of turquoise.

Chic Tower at Business Bay offers a blend of modern luxury and artistic design. Business Bay is renowned for its office skyscrapers, fine dining, shopping, and connectivity, with the Dubai Canal adding a scenic touch to this bustling neighborhood.

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

Number of rooms

1

Object type

Flat

Price

642 052 $

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 (642 052 $) 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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