Apartment for Sale in World Islands by The Heart of Europe

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Off Plan

Portofino

developer logoThe Heart of Europe
Portofino, The World Islands, Dubai
Apartment
88.25% Completed

About Property

Welcome to Portofino, the Premier Five-Star Family-Only Hotel and Resort in the World Islands, Dubai

Experience luxury like never before at Portofino, the first five-star family-only hotel and resort in the region. With its authentic Italian architecture, stunning landscape, and harbor, this project is a haven for investors and families alike. Enjoy clear waters and breathtaking views of the sea and the Dubai skyline, making it a truly unforgettable destination.

The hotel comprises of 3 expansive wings - Bellissima, Dolce Vita, and Felicita - offering picturesque views of the sea, beach, and pools/gardens. Each wing is named after popular Italian terms, evoking the charm of Italy and creating a truly immersive experience. Whether you are relaxing by the pool or strolling through the gardens, you will be surrounded by the beauty of Italy.

Portofino is not only a place of relaxation, but also a place for family fun. Enjoy the Kingdom of Portofino, a kids club designed to entertain and engage the little ones, and la Donna, a ladies club and spa for the ultimate in relaxation. The suites are spacious and luxurious, offering ample storage space, a separate kids bedroom, and a playroom equipped with toys for endless entertainment.

As if that weren't enough, the developer is providing a generous 8.33% net ROI for 12 years, making Portofino a smart investment for the future.

Amenities:

  • Shared Pool
  • Concierge Service
  • Shared SPA
  • Children’s pool
  • Security
  • Kids Play Area
  • Lobby

Don't miss out on the opportunity to be part of the Portofino experience. Prices range from 3,005,487 AED to 4,144,881 AED, making luxury living in Dubai more attainable than ever.

Is This Home Your Lifestyle Match?

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Amenities

Kids Play Area
Kids Play Area
Shared Pool
Shared Pool
Shared SPA
Shared SPA
Lobby
Lobby
Concierge Service
Concierge Service
Children’s pool
Children’s pool
Security
Security

Location

Portofino, The World Islands, Dubai

Expected ROI

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Layouts and Prices

Transaction History

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Payment Plans

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Overview

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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