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Townhouse 187 м² in Dubai, UAE (United Arab Emirates)

ID 4Ocee
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Area
187 m²
Bedrooms
4

Description

Townhouse in Dubai. City - Dubai

Ibiza is a new cluster of luxury townhouses in the renowned DAMAC Lagoons DUBAI community in a Mediterranean
style, inspired by the resort life of Spanish Ibiza with its serenity and world-famous entertainment.

Ibiza will include townhouses with 4 bedrooms, located on the shores of an artificial lagoon with crystal clear water and white sand. All houses will have spacious terraces and balconies with glass balustrades, as well as private gardens, patios and a double garage. Residents will have unlimited access to the infrastructure of the
other clusters of the community: in Nice you can swim on a SUP or watch a movie
in a water cinema, and in Monte Carlo you can play in the casino or listen to music in a pavilion on the water.

Suitable for families with children and lovers of water activities - an artificial lagoon with beaches and palm trees will be built here.

Completion 4th quarter 2024.

 

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Characteristics

Property type
Residential Properties
Object type
Townhouse
Price
611 162 $
Year of construction
2024

Services and facilities

  • Garage/parking

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 (611 162 $) 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).

Related sections

Townhouse with 4 bedrooms in Dubai, UAE (United Arab Emirates)