Apartment for Sale in Business Bay by Binghatti

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Off Plan

1 Bed Apartment for Sale in Business Bay – Skyhall by Binghatti

developer logoBinghatti
Business Bay
Apartment
0% Completed

About Property

Experience the epitome of modern luxury in this exquisite 1-bedroom apartment at Skyhall, nestled in the vibrant Business Bay district of Dubai. This stunning residence offers a spacious 1,032 sq ft of meticulously designed living space, featuring premium finishes and high-end materials that elevate every detail. The open-concept design seamlessly blends living, dining, and kitchen areas, creating an inviting atmosphere perfect for both relaxation and entertaining. Floor-to-ceiling windows flood the apartment with natural light, offering breathtaking city skyline views that will captivate you day and night. Residents of Skyhall will enjoy exclusive access to a rooftop infinity pool, providing a serene oasis to unwind while taking in panoramic cityscapes. The state-of-the-art fitness center is equipped with premium wellness facilities, catering to your health and fitness needs. Additional amenities include round-the-clock security and dedicated concierge services, ensuring a secure and convenient living experience. The gourmet kitchen is equipped with top-tier appliances, making it a delight for culinary enthusiasts. The elegant bathroom boasts luxurious finishes and fixtures, creating a spa-like retreat within your home. Strategically located in Business Bay, this apartment offers seamless access to key destinations, including world-class dining, shopping, and entertainment options. The prime location also presents a strong investment potential with high rental returns, making it an ideal choice for both homeowners and investors. With its advanced smart home features, this apartment offers effortless modern living, allowing you to control your environment with ease. Don't miss the opportunity to own a piece of Dubai's thriving real estate market. This property is more than just a home; it's a lifestyle statement, promising an unparalleled living experience in one of the city's most sought-after locations. Embrace the future of luxury living at Skyhall.

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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
$595,080.00Onwards