Driven Properties offers you apartments, villas, townhouses, mansions in Dubai, UAE. Palm Jumeirah is the largest man-made island on the planet. Located on the shores of the Arabian Sea, in the dynamic city of Dubai, Palm Jumeirah is an attractive attraction of the world. As the name suggests, it is built in the shape of a palm tree, which is a common plant in the Middle East. Palm Jumeirah Island consists of a trunk, a crescent moon and 16 branches that form its unique shape. The area is home to an exceptional collection of luxury villas, townhouses, apartments and hotels. Living in Palm Jumeirah is an unforgettable experience. Here you will find an array of exquisite restaurants, chic cafes, entertainment centers that will appeal to the faint of heart and adrenaline junkies alike. Call our Dubai real estate expert Khadija El Othmani at +971 56 113 2677. Since 2012, Driven Properties has grown into one of the largest real estate platforms in the region. Through multiple branches in Dubai, Ajman, China and Saudi Arabia, Driven Properties manages a portfolio of over 10,000 properties.
Characteristics
Property type
All Types
Object type
Townhouse
Price
2 565 650 $
FAQ
How can I get a residence permit by buying property in UAE (United Arab Emirates)?
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.
Is a mortgage available for non-residents in UAE (United Arab Emirates)?
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.
What taxes and fees apply when buying in UAE (United Arab Emirates)?
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.
How is the title checked in UAE (United Arab Emirates)?
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.
Can I rent out property after purchase in UAE (United Arab Emirates)?
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.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (2 565 650 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in UAE (United Arab Emirates)?
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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