Apartment for Sale in Business Bay by Damac

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Ready to Move

Prive By Damac

developer logoDAMAC Properties
Prive by Damac, Business Bay, Dubai
Apartment
100% Completed

About Property

If you are looking for a luxurious and comfortable residential address in Dubai, look no further than Prive by Damac Properties at Business Bay. This development offers a stunning collection of studios, 1 & 2 bedroom units in the prestigious Burj Area, providing unparalleled views of the Dubai Water Canal and beyond.

At Prive, you will find all the modern amenities and facilities you need to lead a comfortable and convenient lifestyle. From state-of-the-art fitness centers to relaxing pool areas, this development has it all.

Each luxury waterfront apartment is meticulously designed to meet your expectations, with spacious windows offering breathtaking views and beautifully finished interiors that meet international standards. Whether you want a cozy studio or a spacious 2-bedroom unit, Prive has the perfect living space for you.

Located in the expansive residential community of Business Bay, Prive offers a unique living experience that enhances your lifestyle, making it the ideal place to call home in Dubai.

With a wide range of amenities, breathtaking views, and a prime location, Prive by Damac is the ultimate choice for those seeking a luxurious and comfortable lifestyle in Dubai. Prices range from 0 - 0 AED, making it an attractive option for anyone looking for the perfect blend of luxury and comfort.

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Location

Prive by Damac, Business Bay, Dubai

Expected ROI

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Transaction History

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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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$288,900.00Onwards