Apartment for Sale in Business Bay by Damac

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Off Plan

1 Bed Apartment for Sale in Business Bay – Altitude by Damac

developer logoDAMAC Properties
Business Bay
Apartment
0% Completed

About Property

Experience the epitome of luxury living in this exquisite 1-bedroom apartment located in the vibrant Business Bay, Dubai. This stunning residence offers a harmonious blend of contemporary design and unparalleled comfort, perfect for individuals or couples seeking a sophisticated urban lifestyle. Step into a world of elegance with high-end finishes and smart home technology that seamlessly integrates modern convenience into your daily life. The apartment boasts floor-to-ceiling windows, offering breathtaking panoramic views of the iconic Dubai skyline and the tranquil waters of the canal. Imagine waking up to the mesmerizing cityscape every morning and enjoying spectacular sunsets from the comfort of your own home. Residents of this prestigious tower will enjoy world-class amenities designed to elevate their living experience. Take a refreshing dip in the infinity pool that seemingly merges with the city's skyline, or maintain your wellness routine in the state-of-the-art gym and wellness center. The building also features a dedicated concierge service and 24/7 security, ensuring a safe and secure environment. Strategically located in Business Bay, this apartment offers unparalleled connectivity to Downtown Dubai and other key destinations in the city. Enjoy easy access to world-class dining, shopping, and entertainment options, all within minutes from your doorstep. This property is not just a home; it's a high-yield investment opportunity in a premium residential tower, promising significant returns for discerning investors. Don't miss the chance to own a piece of Dubai's thriving real estate market. Embrace a lifestyle of luxury, convenience, and investment potential in this exceptional 1-bedroom apartment.

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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
$521,100.00Onwards