Apartment for Sale in Business Bay by Binghatti

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Off Plan

Skyhall Luxury Apartments, Business Bay

developer logoBinghatti
Business Bay, Dubai
Apartment
0% Completed

About Property

Experience the pinnacle of urban living in this exquisite 1-bedroom apartment at Skyhall by Binghatti, nestled in the vibrant Business Bay of Dubai. This stunning residence offers 1,032 sq. ft. of meticulously designed space, where luxury meets sophistication. Floor-to-ceiling windows flood the apartment with natural light, offering breathtaking panoramic views of the iconic Dubai skyline. The integration of smart home technology ensures seamless control over lighting, climate, and security, providing unparalleled convenience and peace of mind. The designer kitchen is a culinary haven, equipped with high-end appliances and premium finishes, perfect for those who appreciate refined living. Skyhall's prime location in Business Bay places you at the heart of Dubai's dynamic lifestyle, with easy access to major landmarks, business hubs, and entertainment venues. Residents can indulge in world-class amenities, including an infinity pool that seems to merge with the city's skyline, a state-of-the-art fitness center to maintain a healthy lifestyle, and 24/7 concierge services that cater to your every need. The building also features covered parking, ensuring your vehicle is always secure and protected. This property is not just a home; it's an investment in a lifestyle, offering high rental yield potential for savvy investors. The strategic location and premium features make it an ideal choice for those seeking both luxury and financial returns in the thriving Dubai real estate market. The building also offers a kids play area, making it ideal for families. This apartment is more than just a place to live; it's a statement of elegance and modern living. The combination of prime location, luxurious amenities, and smart home technology creates an unparalleled living experience. Whether you are looking for a stylish home or a lucrative investment, this property offers exceptional value in one of the world's most sought-after cities. The high-quality finishes and attention to detail throughout the apartment reflect a commitment to excellence, ensuring a living experience that is both comfortable and sophisticated. The building also provides security, ensuring residents' safety and peace of mind.

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Location

Business Bay, Dubai

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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