Duplex for Sale in Palm Jumeirah by Omniyat

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Off Plan

4 Bed Duplex for Sale in Palm Jumeirah – Alba Residences by Omniyat

developer logoOmniyat
Palm Jumeirah
Duplex
0% Completed

About Property

Discover unparalleled luxury at Alba Residences, a stunning 4-bedroom duplex located in the prestigious Palm Jumeirah, Dubai. This exceptional property, part of the renowned Dorchester Collection, offers an exquisite blend of sophisticated design and breathtaking views. Spanning an impressive 7,107 sq. ft., this duplex provides ample space for comfortable living and entertaining. The residence features five luxuriously appointed bathrooms, ensuring privacy and convenience for all residents. Enjoy the exclusivity of a private pool, perfect for relaxation and leisure, and benefit from four dedicated parking spaces. Scheduled for completion in 2028, Alba Residences presents a unique opportunity to invest in a premier asset with significant growth potential. The location on Palm Jumeirah offers unparalleled access to world-class amenities, including high-end shopping malls, luxury boutiques, and fine dining experiences. Residents will enjoy direct beach access, creating a premier waterfront lifestyle. The development is managed by the Dorchester Collection, guaranteeing elite services and amenities, including a dedicated concierge service and robust security. The tranquil surroundings provide direct access to serene beach areas, ideal for those seeking a high-end luxury property. This is an exceptional investment opportunity in one of Dubai's most sought-after locations. The property's prime location ensures proximity to top international schools and educational hubs, making it an ideal choice for families. The spacious private terraces offer seamless indoor-outdoor living, perfect for enjoying the stunning panoramic views. Alba Residences is more than just a home; it's a statement of luxury and refined living in the heart of Dubai.

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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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