Apartment for Sale in Business Bay by Binghatti

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Off Plan

1 Bed Apartment for Sale in Business Bay – Royal Suite by Binghatti

developer logoBinghatti
Business Bay
Apartment
0% Completed

About Property

Discover the epitome of modern luxury living at the 1-Bedroom Royal Suite in Binghatti, Business Bay, Dubai. Priced at AED 2,499,999, this exquisite suite offers an unparalleled investment opportunity in one of Dubai's most sought-after locations. Spanning 1,043.45 sq. ft., this property is designed for those who appreciate elegance and sophistication. The suite features a spacious bedroom, a modern bathroom, and premium finishes throughout, ensuring a comfortable and stylish living experience. The completion date is set for 2026, making it an ideal choice for investors looking for long-term growth and high rental demand in Dubai's thriving real estate market. Residents will enjoy a host of premium amenities, including a fully equipped gym for fitness enthusiasts, an outdoor lounge space perfect for relaxation and socializing, and a stunning viewing deck with panoramic city views. Families will appreciate the dedicated children's pool, while the pet-friendly environment and covered parking add to the convenience. The strategic location in Business Bay provides easy access to key business districts, leisure destinations, and world-class dining and entertainment options. This property is not just a home; it's a lifestyle. The Royal Suite offers a unique blend of luxury, comfort, and investment potential, making it a standout choice for discerning buyers. The development also includes a 3x3 basketball court and a paddle court for active living. The sauna and steam room provide the ultimate relaxation experience. This suite is perfect for those seeking a sophisticated urban lifestyle in the heart of Dubai. Don't miss the opportunity to own a piece of Dubai's future. With its prime location, luxurious features, and strong investment potential, the 1-Bedroom Royal Suite at Binghatti is an exceptional choice for those seeking a premium living experience in Dubai. This property is designed to meet the needs of modern living, offering a perfect balance of comfort, convenience, and style. The Royal Suite is more than just a residence; it's a statement of luxury and a smart investment in one of the world's most dynamic cities.

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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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$675,000.00Onwards