Apartment for Sale in Al Thanyah Fifth by Tiger Properties

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Ready to Move

Lake City Tower

developer logoTiger Properties
Dubai, AL THANYAH FIFTH - 393
Apartment
100% Completed

About Property

Lake City Tower is a stunning 36-storey residential complex located in the vibrant neighborhood of Jumeirah Lakes Towers, Dubai. Standing at an impressive 152 meters, this iconic tower offers an array of modern amenities and breathtaking views of the surrounding area. The property features a range of luxurious living spaces, including stylish studios, spacious 1-bedroom, and elegant 2-bedroom apartments that range from 400 to 1400 square feet in size. With a total of 422 properties within the building, there are plenty of options to suit every lifestyle. Residents of Lake City Tower can enjoy a convenient and well-developed residential area, with easy access to bus, streetcar, and DMCC stations nearby. Additionally, popular Dubai attractions such as Dubai Marina Walk, AquaFun Water Park, Dubai Mall, Burj Al Arab, The Walk JBR, Al Maktoum International Airport, and Dubai International Airport are all within easy reach of the complex. The neighborhood also boasts a variety of amenities, including outdoor cafes, restaurants, retail stores, plazas, and gardens, as well as public areas, café terraces, benches, day care centers, and a children's playground. Additionally, residents have the convenience of several chain supermarkets like Carrefour Market, Spinneys, Al Maya Supermarket, and Choithrams Supermarket within a 10-minute walk of the building. With its prime location and top-notch amenities, Lake City Tower offers a truly unparalleled living experience in one of Dubai's most sought-after neighborhoods. Don't miss out on the opportunity to make this stunning tower your new home. Contact us today for pricing and availability. Location: Dubai, AL THANYAH FIFTH - 393 Amenities: Shared Pool, Concierge Service, Covered Parking, Shared Jacuzzi, Security, Lobby Price Range: 0 - 0 AED

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Amenities

Shared Jacuzzi
Shared Jacuzzi
Shared Pool
Shared Pool
Covered Parking
Covered Parking
Lobby
Lobby
Concierge Service
Concierge Service
Security
Security

Nearby

Metro Station

R36 - Sobha Realty
R37 - DMCC

School

Moscow University for Industry and Finance (Synergy)

Beach

Marina Beach

Location

Dubai, AL THANYAH FIFTH - 393

Expected ROI

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Transaction History

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Photos

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Overview
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Finishing examples

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
$165,240.00Onwards