Apartment for Sale in Business Bay by Damac
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Off Plan

The Residence At Business Central

developer logoDAMAC Properties
The Residence At Business Central, Business Bay, Dubai
Apartment
86.41% Completed

About Property

Discover the epitome of luxury living at The Residences at Business Central Tower by Damac Properties. This 23-story mixed-use development is located in the heart of Business Bay, Dubai, offering a stunning collection of 1, 2 & 3 bedroom apartments with unparalleled amenities and facilities.

Situated on the picturesque banks of the Dubai Canal, these residences provide breathtaking views of the surrounding areas, creating a serene and tranquil living environment. As a resident, you will experience a privileged lifestyle with access to premium amenities and facilities.

The apartments feature premium interiors and exclusive fittings, seamlessly combining modern design with sophisticated elegance. Every aspect of these homes is meticulously designed to elevate the quality of your living experience.

Enjoy easy access to major lifestyle, entertainment, and leisure venues, as this development is strategically located to suit your modern-day sensibilities. Whether it's for work or play, this prime location offers convenience and luxury at your doorstep.

If you aspire to live in a home that fulfills all your desires, then look no further. The Residences at Business Central Tower is the perfect waterfront development for you. Come experience the essence of luxury living in the heart of Dubai.

Location: The Residence At Business Central, Business Bay, Dubai

Aminties: Swimming Pool, Gym, Concierge Service, Retail outlets

Price Range: Starting from 800,000 AED

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Nearby

School

Dubai Institute of Design and Innovation

Location

The Residence At Business Central, Business Bay, Dubai

Transaction History

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Overview

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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