Apartment for Sale in Al Hebiah Third by Damac

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Ready to Move

Damac Hills - Loreto

developer logoDAMAC Properties
Apartment
100% Completed

About Property

Experience the epitome of luxury living at Damac Hills with Loreto by Damac Properties. This exceptional development offers a selection of ready-to-move-in 1, 2, and 3-bedroom apartments, as well as 2 and 3-bedroom townhouses in the vibrant city of Dubai.

Crafted for those seeking a cosmopolitan lifestyle fused with tranquility, Loreto provides an ideal living space for both individuals and families. The attention to detail in every aspect of the residences, from the townhouses to the apartments, ensures a high-quality living experience that residents can truly appreciate.

Surrounded by lush landscaped gardens and parks, Loreto offers residents the opportunity to escape the city's hustle and bustle and embrace a peaceful environment. Enjoy breathtaking views of the surrounding areas and the sky, immersing yourself in a whole new way of living that harmonizes with nature.

Comprising three residential buildings, Loreto at Damac Hills elevates your lifestyle to new heights, offering a rare opportunity to reside in homes that enhance your overall living standards. The prime location of the development, coupled with excellent connectivity options, ensures a lifestyle of exclusivity and convenience.

Located in Al Hebiah Third, Damac Hills, Arabian Ranches, residents of Loreto have access to top-notch amenities including the allowance of pets, making it the perfect home for families with furry friends. Prices for these luxurious homes range from 3,499,000 to 3,499,000 AED, offering an unmatched value for the upscale living experience that Loreto provides.

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Amenities

Pets Allowed
Pets Allowed

Location

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Community Spaces

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
$944,730.00Onwards