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Flat 722 м² in Dubai, UAE (United Arab Emirates)

11 314 050 $

15 670 $ /м²

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Area

722 м2

Bedrooms

5

Apartment in Dubai. City - Dubai

Description

Experience the pinnacle of luxury living with this exclusive top-floor five-bedroom apartment in Damac Bay 2. The privilege of residing on the top floor ensures unparalleled panoramic views, offering an elevated sense of prestige and privacy.

Generosity defines the living spaces, boasting meticulously designed layouts that prioritize optimal comfort for residents. Immerse yourself in the epitome of elegance with premium finishes and fixtures throughout the apartment. The designer kitchen, complete with modern appliances and stylish cabinetry, seamlessly combines functionality with culinary elegance.

The master bedroom serves as a private retreat, offering an ensuite bathroom and ample closet space, creating a haven of comfort and luxury. Embrace the future with smart home integration, benefiting from the latest in technology for a seamless and convenient living experience.  

Features and Amenities:
* Spa and infinity swimming pools
* Fitness Gym
* Sky panoramic gardens
* Children's Play area
* Awe-inspiring views of the Harbour and Skylines
* Exclusive beach access and other water features
* Anticipated Completion Date: July 2027

Language assistance: We are a global team that speaks in

Additional details

Property type

Residential Properties

Number of rooms

5

Object type

Flat

Price

11 314 050 $

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 (11 314 050 $) 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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