Apartment for Sale in Palm Jumeirah by Ellington Properties

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Off Plan

Playa Del Sol Luxury Apartments, Palm Jumeirah

developer logoEllington
Palm Jumeirah, Dubai
Apartment
0% Completed

About Property

Discover Playa Del Sol, a contemporary 2-bedroom residential apartment in the heart of Palm Jumeirah, Dubai. This exquisite property, developed by Ellington Properties, offers a luxurious living experience with meticulous design and modern finishes. Spanning 1,263.90 sq ft, the apartment provides ample space for comfortable living. Enjoy the convenience of one covered parking space, ensuring security and ease of access. Playa Del Sol is designed to be pet-friendly, making it an ideal home for families and pet owners. Investment Highlights: Prime Location: Situated in the prestigious Palm Jumeirah, offering proximity to retail outlets, fine dining, and recreational hubs. Enjoy excellent connectivity to Dubai’s iconic landmarks and business districts. Renowned Developer: Built by Ellington Properties, known for exceptional quality and design innovation. World-Class Amenities: Access landscaped gardens, serene walking trails, and recreational facilities. Benefit from community swimming pools, state-of-the-art fitness centers, and wellness areas. The development fosters a family-friendly environment with superior infrastructure and connectivity. This apartment features contemporary open-plan living and dining areas with elegant finishes, en-suite bathrooms in all bedrooms with luxurious fixtures, floor-to-ceiling windows providing abundant natural light and stunning ocean views, a fully equipped modern kitchen with high-end appliances, and private balconies or terraces perfect for outdoor relaxation and entertainment. Smart home automation systems provide advanced control of lighting, climate, and security. Experience the epitome of luxury living in Dubai, where every detail is crafted to provide an unparalleled lifestyle. This property represents an outstanding value in Dubai’s vibrant real estate market, offering a blend of luxury, convenience, and investment potential.

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Location

Palm Jumeirah, Dubai

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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