Apartment for Sale in Marjan Island by Emaar

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Off Plan

1 Bed Apartment for Sale in Marjan Island – Address Residences by Emaar

developer logoEmaar Properties
Marjan Island
Apartment
0% Completed

About Property

Discover unparalleled luxury and investment potential at Address Residences, a stunning 1-bedroom apartment located on the prestigious Marjan Island. This exquisite property, developed by Emaar, offers a unique blend of sophisticated design and breathtaking views of the Arabian Sea and skyline. With an expected completion in February 2028, this apartment presents a prime opportunity for investors seeking high returns in Dubai's thriving luxury real estate market. Step into a world of elegance with modern, high-end finishes and a meticulously designed living space. The apartment boasts a generous 863 sq ft, providing ample room for comfortable living and entertaining. Residents will enjoy direct access to a pristine 40,000 sqm beachfront area, perfect for relaxation and leisure. The community is designed to be family-friendly, with nearby schools and a vibrant atmosphere, making it an ideal choice for both individuals and families. Address Residences offers a resort-style living experience with premium amenities, including a shared pool, concierge service, security, covered parking, and a pet-friendly environment. The strategic location provides easy access to upscale dining and leisure options, ensuring a lifestyle of convenience and luxury. The competitive price per sq. ft. of AED 3,619.80 further enhances the investment appeal, promising significant appreciation in the coming years. This property is not just a home; it's a lifestyle. Embrace the serenity and elegance of seaside living with an exclusive beach promenade and a vibrant community offering various recreational activities. Don't miss the opportunity to own a piece of paradise in one of Dubai's most sought-after locations. Invest in Address Residences and secure your future in the heart of luxury.

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Location

Marjan Island

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
$843,450.00Onwards