Apartment for Sale in Business Bay by Binghatti

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Off Plan

2 Bed Apartment for Sale in Business Bay – Mercedes-Benz Places by Binghatti

developer logoBinghatti
Business Bay
Apartment
0% Completed

About Property

Discover luxury living at Mercedes-Benz Places by Binghatti, a stunning 2-bedroom apartment in the vibrant Business Bay, Dubai. This exclusive residence, spanning 1,847 sq. ft., combines cutting-edge design with unparalleled elegance, offering a sophisticated urban lifestyle. Priced at AED 12,000,000, this property presents an exceptional investment opportunity in one of Dubai’s most sought-after locations, with completion expected in 2026. The apartment features two modern bathrooms, spacious living areas, and floor-to-ceiling windows that provide panoramic city and canal views. Residents will enjoy access to resort-style amenities, including a fitness center and wellness facilities, ensuring a premium living experience. The building offers 24/7 security and surveillance, dedicated EV charging stations, and exclusive concierge services. The prime location near key attractions and shopping malls adds to the convenience and appeal. This Mercedes-Benz branded residence is designed for elite investors seeking a blend of luxury and innovation. The apartment includes high-quality finishes, premium materials, and a state-of-the-art smart home system. Enjoy the convenience of secure parking spaces and a private balcony, perfect for outdoor relaxation. This property is more than just a home; it's a statement of luxury and a smart investment in the heart of Dubai. Experience the epitome of modern living with Mercedes-Benz Places, where every detail is crafted to perfection, offering an unmatched lifestyle in the dynamic Business Bay area. This is an opportunity to own a piece of Dubai's future, combining prestige, comfort, and investment potential.

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Location

Business Bay

Expected ROI

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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
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$3,240,000.00Onwards