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Flat 405 м² in Dubai, UAE (United Arab Emirates)

3 512 680 $

8 673 $ /м²

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Area

405 м2

Bedrooms

5

Apartment in Dubai. City - Dubai

Park Gate Residences is a luxury residential development in the Wasl1 community by Wasl Asset Management Group. Located in the Al Kifaf area, the project is adjacent to one of Dubai’s largest parks; Zabeel Park, where the famous Dubai Frame is located. This palatial property boasts spacious terraces and large floor-to-ceiling windows which overlook the luscious Zabeel Park. Not forgetting the stylish interiors which use natural wood, brushed stainless steel, and marble in the design and finishes of the unit. Due to its central location and plenty of leafy areas, Park Gate Residences offers a unique lifestyle – a combination of the busy metropolis, with its intense work pace, infrastructure, and entertainment, but also an ultimate suburban serenity. Homeowners of Park Gate Residences have access to a wide range of premium amenities, including: - Landscaped areas with water features at the podium level - Rooftop lawns at the podium level, with a swimming pool and children’s play area - A fitness club with changing rooms and a children’s playroom - Grocery shops on the doorstep of the building. Language assistance: We are a global team that speaks in multiple languages. ** We speak Russian. Penthouse.ae Powered by Metropolitan is a niche team of global experts dedicated to delivering our clients a wide array of services: sale, rentals, property management, consulting services, mortgage brokerage, and more.

Additional details

Property type

Residential Properties

Number of rooms

5

Object type

Flat

Price

3 512 680 $

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 (3 512 680 $) 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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