Apartment for Sale in Palm Jumeirah by Ellington Properties

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Off Plan

2 Bed Apartment for Sale in Palm Jumeirah – Ocean House by Ellington Properties

developer logoEllington
Palm Jumeirah
Apartment
0% Completed

About Property

Discover luxurious living at Ocean House, a stunning 2-bedroom residential apartment located in the prestigious Palm Jumeirah, Dubai. This exquisite property, developed by Ellington Properties, offers an unparalleled lifestyle with breathtaking panoramic views of the ocean and the city skyline. Spanning an expansive 4,212.56 sq ft, this apartment is designed with premium finishes and modern layouts, ensuring a sophisticated and comfortable living experience. Step into a world of elegance with floor-to-ceiling windows that flood the space with natural light, highlighting the open-plan living and dining areas. The fully equipped modern kitchen, complete with high-end appliances and sleek cabinetry, is perfect for culinary enthusiasts. Enjoy the convenience of a smart home automation system, allowing for advanced control of lighting, climate, and security. The apartment features built-in wardrobes, providing efficient and organized storage solutions. Relax and unwind on your private balcony or terrace, ideal for outdoor leisure and entertainment. The en-suite bathrooms, featuring luxurious fixtures and spa-inspired designs, offer a tranquil retreat. Ocean House provides access to world-class amenities, including landscaped gardens, serene outdoor spaces, and modern leisure facilities. Residents can enjoy state-of-the-art fitness centers, temperature-controlled infinity pools, and wellness areas. The community is pet-friendly, welcoming families with pets. Benefit from dedicated covered parking spaces, ensuring convenience and security. The prime location offers proximity to high-end retail, fine dining, leisure attractions, and pristine beaches, with seamless connectivity to Dubai’s major business hubs and iconic landmarks. This property represents a premium investment opportunity in Dubai’s ultra-luxury real estate market, offering an exceptional lifestyle in one of the world's most sought-after destinations. Experience the epitome of luxury living at Ocean House.

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Location

Palm Jumeirah

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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