Flat 70 м² in Dubai, UAE (United Arab Emirates)

686 460 $

9 806 $ /м²

4OeaR

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #1

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #2

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #3

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #4

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #5

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #6

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #7

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #8

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #9

Flat 70m² in UAE (United Arab Emirates), Dubai. Priced at 584334€ rent photo- #10

Area

70 м²

Bedrooms

Apartment in Dubai. City - Dubai

Description

Elegance Tower is a newly launched project by DAMAC Properties, which is one of the leading development companies in Dubai and the Middle East region.

The unique complex of Elegance Tower is a new residential centerpiece with premium designer apartments in the heart of the emirate – Downtown Dubai. The lobby, Swimming Pool, and gym will be branded by the Lebanese high-fashion designer Zuhair Murad.

Property details:
* 1 bedroom
* Built-in wardrobes
* High floor
* Floor-to-ceiling windows
* Motivated Seller

Features and Amenities:
• Parking slot
• Easy entry and exit points
• 4 Metro Stations Green Line
• Licensed bars and restaurants
• Gym
• Children’s Playground
• Pool
• Fitness Centers
• Cafes
• Security

Downtown Dubai sits in the heart of the city and offers a huge range of things to see and do. This district has the best road and public transport network in the city, and is home to a mix of low rise and ultra high rise buildings, as well as the world famous Burj Khalifa, Dubai Mall and the Dubai Opera, which are all located along the sparkling Boulevard. This area comes alive at night time and has

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

686 460 $

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 (686 460 $) 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).