Flat 591 м² in Dubai, UAE (United Arab Emirates)

13 316 565 $

22 532 $ /м²

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Flat 591m² in UAE (United Arab Emirates), Dubai. Priced at 11237197€ rent photo- #1

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Flat 591m² in UAE (United Arab Emirates), Dubai. Priced at 11237197€ rent photo- #3

Flat 591m² in UAE (United Arab Emirates), Dubai. Priced at 11237197€ rent photo- #4

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Flat 591m² in UAE (United Arab Emirates), Dubai. Priced at 11237197€ rent photo- #6

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Flat 591m² in UAE (United Arab Emirates), Dubai. Priced at 11237197€ rent photo- #14

Area

591 м²

Bedrooms

Apartment in Dubai. City - Dubai

Description

Vela is an ultra-luxury project by Omniyat located along the Water Canal in Business Bay. Redefining luxury, VELA will be managed by Dorchester Collection, which is the epitome of excellence and sophistication. The world-renowned hospitality group has expanded its portfolio to include 10 elite hotels across some of the most coveted locations worldwide.

Among the amenities on offer in Omniyat Vela will be a cinema room, meeting rooms, a lounge, a children’s room, an infinity-edge lap pool, a triple-height gymnasium, a spa suite, a salon, and much more. Access to The LANA hotel amenities, including the spa, will also be offered to residents. To learn more, please contact our property expert.

Exclusive Amenities:
* VIP, marina, and main lobbies
* Infinity-edge lap pool
* Triple- height gym
* Spa suite and salon
* Children’s room
* Cinema room
* Meeting rooms and lounge
* Security
* Valet Service

Location:
- 10 minutes to Downtown Dubai
- 15 minutes to Dubai Marina
- 15 minutes to DXB Airport
- 30 minutes to DWC Airport

Tradegoria (TRADEGORIA) is dedicated to delivering our

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

13 316 565 $

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 (13 316 565 $) 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).