Apartment for Sale in Dubai Water Canal by Ellington

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Off Plan

2 Bed Apartment for Sale in Dubai Water Canal – One River Point by Ellington

developer logoEllington
Dubai Water Canal
Apartment
0% Completed

About Property

Discover luxury living at One River Point, a stunning 2-bedroom apartment located in the vibrant Dubai Water Canal area. This exquisite residence, developed by Ellington, offers a contemporary open-plan layout spanning 1,795.96 sq. ft., designed for sophisticated living. The apartment features two en-suite bathrooms, a spacious living area, and a fully equipped modern kitchen with high-end appliances, perfect for culinary enthusiasts. One River Point is designed to cater to a premium lifestyle, offering access to temperature-controlled swimming pools, state-of-the-art fitness centers, and serene waterfront recreational spaces. The community is pet-friendly, making it ideal for families and pet owners. Residents benefit from dedicated covered parking spaces, ensuring convenience and security. The property also includes built-in wardrobes for efficient storage, floor-to-ceiling windows that provide breathtaking river and skyline views, and private balconies or terraces for outdoor relaxation. Strategically located, One River Point offers seamless connectivity to Downtown Dubai and key destinations, making it an excellent investment opportunity with high ROI potential. The smart home automation system adds a layer of convenience, allowing residents to control lighting, climate, and security effortlessly. Proximity to landscaped gardens and jogging trails enhances the overall living experience, promoting a healthy and active lifestyle. This property is not just a home; it's a statement of luxury and modern living in one of Dubai's most sought-after locations. The development also features a kids play area and concierge service, ensuring a comfortable and convenient lifestyle for all residents. With its prime location and world-class amenities, One River Point offers an unparalleled living experience in Dubai.

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Location

Dubai Water Canal

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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