Simplex for Sale in Palm Jumeirah by Dorchester Collection

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Off Plan

3 Bed Simplex for Sale in Palm Jumeirah – Alba Residences by Dorchester Collection

developer logoDorchester Collection
Palm Jumeirah
Simplex
0% Completed

About Property

Discover unparalleled luxury in this exquisite 3-bedroom simplex located in the prestigious Palm Jumeirah. This stunning residence, part of the Alba Residences managed by the Dorchester Collection, offers 5,368 sq. ft. of meticulously designed living space. The property boasts four bathrooms and three dedicated parking spaces, ensuring both comfort and convenience. Anticipated for completion in 2028, this simplex presents an exceptional investment opportunity with high ROI potential, making it ideal for discerning investors seeking prime Dubai real estate. Enjoy direct beach access and world-class amenities, including exclusive spa facilities for ultimate relaxation and wellness offerings. The open-plan living space is designed for modern comfort, complemented by panoramic views of the iconic Palm Jumeirah. Residents can indulge in exclusive entertainment experiences with a private cinema and unwind in their private plunge pool. The Alba Residences is an iconic landmark, offering a lifestyle of opulence and exclusivity. This simplex combines modern design with unparalleled luxury, creating a sanctuary of personal escape. The development is crafted to provide residents with an extraordinary living experience, blending sophistication and comfort seamlessly. This property is not just a home; it's a statement of luxury living in one of Dubai's most sought-after locations. The strategic location on Palm Jumeirah ensures easy access to the city's vibrant attractions while providing a serene and private retreat. This simplex is a testament to refined living, offering an unparalleled blend of elegance and functionality. The Alba Residences is designed to exceed expectations, providing an extraordinary living experience. This property is a perfect blend of luxury, comfort, and investment potential, making it a prime choice for those seeking the best in Dubai real estate.

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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.
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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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