First-class residential complex One Residence with excellent infrastructure in Downtown

Dubai, United Arab Emirates

Property Details

Dubai, United Arab Emirates

One Residence is perfectly situated in the heart of Downtown Dubai, offering seamless access to the city’s top dining, shopping, and entertainment destinations. With everything you need for a vibrant urban lifestyle just steps away, these spacious apartments boast elegant designs and premium-quality finishes, all while providing breathtaking panoramic views of the Dubai skyline.

Designed for ultimate luxury, One Residence offers an extensive range of world-class amenities. Take in the stunning skyline from the infinity pool, while children enjoy their own dedicated pool, playground, or kids’ club. Host memorable gatherings in the outdoor barbecue area, stay in shape at the state-of-the-art gym and yoga studio, or relax with friends in the games room and on-site cinema. For work and productivity, take advantage of the high-tech coworking space. Additional amenities include a golf simulator, music room, and on-site laundry, ensuring a truly luxurious living experience.

Flexible 50/50 Installment Plan:

• 10% – upon booking

• 10% – first payment, 30 days after booking

• 5% – second payment (December 2024)

• 5% – third payment (May 2025)

• 5% – fourth payment (September 2025)

• 5% – fifth payment (March 2026)

• 10% – sixth payment (September 2026)

• 50% – upon project completion (Q2 2027)

Indulge in the ultimate Dubai lifestyle with One Residence, where luxury meets convenience.

Location

Speak to an RCBI Expert

The GMC team has global experts in over 20 countries. We can advise in 14 languages.

Let us help you find the perfect investment migration solution.

Reach out Right Now

Plan your second citizenship with GMC

Our team of experts will reach out to you shortly after send your inquiry.

Frequently Asked Questions

Can foreigners buy property in the UAE?

Yes, foreigners can buy property in designated freehold areas in the UAE, particularly in cities like Dubai and Abu Dhabi. These areas allow full ownership of the property by foreign nationals.

What additional costs are involved when buying property in the UAE?

In addition to the property price, buyers should budget for a 4% property transfer fee, 2-5% real estate agent commissions, legal fees, and service charges. Developers may also charge fees for property registration and community maintenance.

Can I get a mortgage as a foreigner in the UAE?

Yes, foreign buyers can obtain a mortgage from UAE banks, although the loan-to-value (LTV) ratio is typically lower for non-residents. Foreigners may be required to pay a down payment of 20-30%, depending on the bank and the buyer’s financial situation.

Does buying property in the UAE grant residency?

Property owners in the UK are subject to Council Tax (a local tax for services such as waste collection), which varies by property value and location. Additionally, if you rent out the property or sell it at a profit, rental income and capital gains taxes may apply.

Are there any property taxes in the UAE?

The UAE does not impose property taxes, capital gains tax, or income tax on real estate. However, buyers need to pay a one-time property transfer fee (usually 4%) and may also be responsible for ongoing maintenance fees and service charges for their property.