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Villa 598 м² in Dubai, UAE (United Arab Emirates)

1 701 232 $

2 844 $ /м²

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Area

598 м2

Bedrooms

6

Villa in Dubai. City - Dubai

Description

Property Features
* Luxury palatial villa
* Private Garage
* Multiple Balconies and Terrace
* Spacious Terraces and Balconies

Community Amenities
- Boutique Shops
- Serene Yoga Hubs
- Water activities
- Greeneries and Open Spaces
- Crystal Lagoon Water
- Children's Play area

Venice in DAMAC Lagoons is one of 8 clusters in the exclusive community from the leading developer in the UAE, DAMAC Properties. At the moment the whole community of DAMAC Lagoons is under construction with the anticipated date of handover set to be in October 2024.

Venice at DAMAC Lagoons

Properties in the Venice cluster, which are inspired by the Italian city of Venice, will include 6-7 bedroom stand-alone villas. Property sizes of the Venice villas range from 3,367 sq. ft to a huge 18,217 sq. ft. The real estate in the complex is freehold, which means both local and international investors can purchase a residence here.

Tradegoria (TRADEGORIA) is dedicated to delivering our clients a wide array of services: sales, rentals, property management, consulting services, and mortgage brokerage. 

Additional details

Property type

Residential Properties

Number of rooms

6

Object type

Villa

Price

1 701 232 $

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 (1 701 232 $) 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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