Provided by Driven Properties, this 6 bedroom villa is located in Opal Gardens, Mohammed Bin Rashid City. Property Details: * Detached Villa * View: Crystal Lagoon * Kitchen: Open and fully equipped * Bathrooms: 7 * Bua Area: 8453 sqm. * Plot size: 11270 sqm * Furnished: None Features: * Balcony * Central air conditioning * Kitchen appliances * Built-in closets * Covered parking * Private garden * Water view * Security MBR City, is one of the largest mixed-use developments and freehold neighborhoods in Dubai. It offers luxury apartments, villas and mansions with futuristic designs. It is home to the world's largest man-made lagoon. For more information or viewing please call our Business Bay office at +97144297040, after hours or weekends call +971553658402. Ask us about: * Mortgage advice * Property management * Holiday homes * Interior design Visit our offices in Dubai's most popular neighborhoods including: * Business Bay * Dubai Creek Harbour * Jumeirah Village Circle * Dubai Hills Estate
Characteristics
Property type
Elite
Object type
Villa
Price
6 285 087 $
FAQ
How can I get a residence permit by buying property in UAE (United Arab Emirates)?
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.
Is a mortgage available for non-residents in UAE (United Arab Emirates)?
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.
What taxes and fees apply when buying in UAE (United Arab Emirates)?
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.
How is the title checked in UAE (United Arab Emirates)?
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.
Can I rent out property after purchase in UAE (United Arab Emirates)?
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.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (6 285 087 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in UAE (United Arab Emirates)?
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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