Main Countries Buy Rent

Flat 288 м² in Dubai, UAE (United Arab Emirates)

2 628 580 $

9 127 $ /м²

4OeN8
Share:

Area

288 м2

Bedrooms

3

Apartment in Dubai. City - Dubai

Description

Tradegoria is thrilled to showcase this sophisticated penthouse suite in Reehan 1, Old Town for lease. Contact our property specialist to arrange a viewing.

Reehan 1 is located in a bustling yet car-free zone and is surrounded by souks, cafes, and a variety of lifestyle amenities. With its traditional Arabic architectural theme, this neighborhood is known for its classy vintage vibes.

Property Details:

* 3 Bedrooms
* En suite Bathrooms
* Built-in wardrobes and walk-in closet
* Prime Location
* Ready to Move-In

Facilities and Amenities:

* 24/7 Concierge and Security
* In- house Maintenance
* Play areas for kids
* Swimming Pool facilities
* Gym and Aerobics Room
* Squash courts
* Entertainment Lounge
* Steam rooms

Tradegoria (TRADEGORIA) is dedicated to delivering our clients a wide array of services: sales, rentals, property management, consulting services, mortgage brokerage, and many more.

Additional details

Property type

Residential Properties

Number of rooms

3

Object type

Flat

Price

2 628 580 $

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 (2 628 580 $) 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