Apartment for Sale in Madinat Dubai Al Melaheyah by LMD

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Off Plan

The Pier Residence

LMD
The Pier Residence, Madinat Dubai Al Melaheyah, Maritime city, Dubai
Apartment
0% Completed

About Property

Welcome to The Pier Residence, located in Madinat Dubai Al Melaheyah, Maritime city, Dubai. This stunning development by developer LMD offers approximately 270 apartments, comprising of 1, 2, and 3-bedroom options. Each apartment is delivered unfurnished, but with fully equipped kitchens, bathrooms, and closets, providing a blank canvas for you to create your perfect home.

One of the standout features of The Pier Residence is the rooftop swimming pool, offering breathtaking views of the sea. Imagine taking a dip while enjoying the stunning sunset over the water – pure bliss!

Each residence at The Pier Residence enjoys unobstructed views from private balconies, creating a seamless connection between indoor luxury and outdoor tranquility. These balconies also serve as the perfect spot for al fresco dining and entertaining, making every moment special.

Convenience is key at The Pier Residence, with direct access to the sea, airports, and public transportation. Whether you're commuting to work on Sheikh Zayed Road, jetting off on an international adventure, or exploring the city's vibrant cultural scene, everything is within easy reach.

Residents also have the benefit of amenities such as a pet-friendly environment and a dedicated kids play area, making it perfect for families.

With prices ranging from 1,580,796 AED to 6,988,355 AED, The Pier Residence offers luxurious waterfront living at a range of price points. This is your causeway to a 5-minute getaway, where you can escape the hustle and bustle of everyday life and lose yourself in the soft escape of the sea.

Is This Home Your Lifestyle Match?

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Amenities

Pets Allowed
Pets Allowed
Kids Play Area
Kids Play Area

Location

The Pier Residence, Madinat Dubai Al Melaheyah, Maritime city, Dubai

Expected ROI

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Layouts and Prices

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Photos

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Community Spaces
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Panoramic Views
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Finishing examples

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
$426,815.00Onwards