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Flat 198 м² in Dubai, UAE (United Arab Emirates)

2 502 351 $

12 638 $ /м²

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Area

198 м2

Bedrooms

3

Apartment in Dubai. City - Dubai

Description

3-bedroom units come with a private balcony or terrace, providing outdoor space for relaxation and potentially offering views of the surrounding area, such as waterfront or city skyline views.

Property Details:
*3 Bedroom
*Built-in wardrobes
*Genuine Resale
*Ultra Luxury layout and finishing
*Floor- to-ceiling panoramic windows


Features and Amenities:
-Share Pool
-Fully equipped gym
-Beach Access
-Luxury Lounges and Lobby
- Marina and Yacht Club

DAMAC Bay by Cavalli is a magnificent 42-storey development that blurs the line between true luxury and maritime bliss. With sleek exteriors and nautical-themed interiors by the iconic fashion brand Cavalli, DAMAC Bay comes with a treasure chest full of amenities and attractions, each more unique and extravagant than the other.

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

2 502 351 $

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 (2 502 351 $) 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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