Main Countries Buy Rent

Flat 164 м² in Dubai, UAE (United Arab Emirates)

1 242 879 $

7 578 $ /м²

4Oe5r
Share:

Area

164 м2

Bedrooms

3

Apartment in Dubai. City - Dubai

Description

Experience the height of luxury living with this exceptional three-bedroom apartment in Peninsula Five, one of Dubai's most prestigious and sought-after residential addresses.

Upon entry, you'll be welcomed into a spacious and well-lit living area adorned with top-tier finishes and a contemporary design. Large windows provide abundant natural light and frame breathtaking views of the Dubai skyline, creating an ambiance of elegance and sophistication.

The modern kitchen is a culinary masterpiece, featuring top-of-the-line appliances, sleek cabinetry, and an expansive countertop, perfect for preparing gourmet meals and entertaining guests.

Each of the three bedrooms is exquisitely designed to offer the perfect balance of comfort and privacy. The apartment showcases well-appointed bathrooms that seamlessly combine modern sophistication with practical functionality.

Property Details:
- En suite bedrooms
- Unfurnished
- Built-In Wardrobes
- Fully Fitted Kitchen
- Expected Handover Q4 of 2024

Facilities and Amenities:
* Outdoor swimming pool
* Fitness center
* Children's Pool & Play Area
* Direct access to community mall, outdoor cinema
* 24-hour Front Desk
* 24-hour Security


Nestled in one of

Additional details

Property type

Residential Properties

Number of rooms

3

Object type

Flat

Price

1 242 879 $

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 (1 242 879 $) 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).

Related sections