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

638 863 $

3 416 $ /м²

4Ocee
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Area

187 м2

Bedrooms

4

Year of construction

2024

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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Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Object type

Townhouse

Price

638 863 $

Characteristics

Garage/parking

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 (638 863 $) 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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