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

Experience unparalleled luxury and sophistication at Mercedes-Benz Places by Binghatti, a prestigious development in the heart of Business Bay, Dubai. This exquisite 2-bedroom apartment, spanning 2,586 sq.ft., offers an exceptional living experience designed for those who appreciate the finer things in life. Scheduled for completion in 2026, this property presents a prime investment opportunity in one of Dubai's most sought-after locations. Step into a world of elegance with high-quality finishes and premium materials throughout the apartment. The expansive open-plan layout is complemented by floor-to-ceiling windows, offering breathtaking panoramic views of the city skyline and the serene canal. The fully equipped gourmet kitchen, complete with built-in appliances, is a chef's dream, while the luxury bathrooms feature high-end fittings and fixtures, creating a spa-like ambiance. Mercedes-Benz Places is more than just a residence; it's a lifestyle. Residents will enjoy access to resort-style amenities and wellness facilities, ensuring a balanced and fulfilling lifestyle. The development also boasts exclusive concierge services and lifestyle management, providing unparalleled convenience and support. Additional features include dedicated EV charging stations, secure parking, and a state-of-the-art smart home system, enhancing both comfort and security. Located in a prime area near key attractions and shopping malls, this apartment offers easy access to everything Dubai has to offer. The private balcony provides the perfect space for outdoor relaxation, allowing you to unwind and enjoy the vibrant surroundings. With its Mercedes-Benz branded luxury design, this apartment is a statement of style and sophistication, promising strong returns and an exclusive living experience in Dubai's dynamic real estate market.

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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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$4,590,000.00Onwards