Apartment for Sale in Dubai Islands community by Grovy

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Off Plan

2 Bed Apartment for Sale in Dubai Islands community – Coral Isle by Grovy by Grovy

developer logoGrovy Developers
Dubai Islands community
Apartment
0% Completed

About Property

Discover the epitome of luxury living at Coral Isle by Grovy, a stunning 2-bedroom apartment nestled in the prestigious Dubai Islands community. This exquisite residence offers a harmonious blend of elegance and modern convenience, perfect for those seeking a sophisticated lifestyle or a lucrative investment opportunity in the heart of Dubai's thriving real estate market. Spanning an expansive 1,769.48 sq ft, this apartment boasts two well-appointed bathrooms and two EV-ready parking spaces, ensuring both comfort and practicality. The anticipated completion in 2027 promises a contemporary living experience, featuring elegant interiors, smart home systems, and direct access to pristine beachfront. Imagine waking up to breathtaking ocean views from your floor-to-ceiling windows, enjoying the gentle sea breeze, and having the vibrant city of Dubai at your fingertips. This property is ideally suited for investors looking to capitalize on Dubai's booming rental market. The flexible post-handover plan offers attractive investor benefits, making it an excellent choice for those seeking high returns. Residents will enjoy resort-style amenities, including an infinity pool and aqua gym designed for wellness, an outdoor cinema, and a serene yoga deck. The convenience of secure covered parking and 24/7 surveillance adds to the peace of mind. Step out onto your private balcony and soak in the stunning Dubai Islands waterfront views. The fully furnished interiors with premium design finishes create an atmosphere of refined luxury. With direct beach access, you can embrace an exclusive coastal living experience, enjoying the sun, sand, and sea just steps from your door. The strategic location provides easy access to Dubai's top destinations, ensuring a lifestyle of unparalleled convenience and enjoyment. Don't miss this exceptional opportunity to own a piece of paradise in one of Dubai's most sought-after communities. Coral Isle by Grovy offers a unique blend of luxury, convenience, and investment potential, making it the perfect choice for discerning buyers and savvy investors alike. Contact us today to learn more and secure your dream home in Dubai.

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Location

Dubai Islands community

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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$594,000.00Onwards