Discover a premium 3-bedroom apartment at Coral Isle by Grovy, nestled in the exclusive Dubai Islands community. This exceptional residence, spanning 1,964.41 sq ft, offers a harmonious blend of luxury and comfort, featuring three well-appointed bathrooms and two EV-compatible parking spaces, catering to the needs of modern living. Priced at AED 3,300,000, this property presents a compelling investment opportunity with significant potential for capital appreciation, making it an ideal choice for both long-term rental income and a luxurious holiday home. Scheduled for handover in 2027, Coral Isle showcases contemporary architecture, incorporating smart home technology and high-end finishes, ensuring a sophisticated and convenient lifestyle.
Residents will enjoy direct beach access, providing an unparalleled coastal living experience, complemented by resort-style amenities and breathtaking waterfront views. The apartment boasts floor-to-ceiling windows that frame uninterrupted ocean views, allowing natural light to flood the interiors and create a sense of spaciousness. The fully furnished interiors are designed with premium finishes, reflecting a commitment to quality and elegance. For leisure and wellness, the development includes an infinity pool, an aqua gym, an outdoor cinema, and a yoga deck, catering to a variety of lifestyle preferences. Additional features include private balconies overlooking the Dubai Islands waterfront skyline, secure covered parking with 24/7 surveillance, and smart home features for effortless control. The spacious layout is perfectly suited for families or those seeking a holiday rental property, offering both comfort and investment potential. The flexible post-handover payment plan further enhances the investor appeal, making this an attractive proposition in Dubai's thriving real estate market. This property is located minutes from Downtown Dubai.
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Location
Dubai Islands community
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Total Floors
10Available Units
Min Price$891,000.00
Estimated EMI$3,739.00/Month
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.
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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:
Stable and growing economy
Tax advantages (no personal income tax, no capital gains tax)
High rental yields
High standard of living
Continuous infrastructure development
Freehold ownership for foreigners
Diverse property types
Status as a global business and tourist hub
High-quality real estate
Potential eligibility for residency or long-term visas