In the Emirates, foreigners are well treated. Much has been done for the comfort and wonderful experiences of real estate investors and expats. Luxury hotels and upscale residential complexes are built for those who are used to choosing the best and pampering options for themselves with comfort in every detail. For foreigners looking for the impossible, the internationally recognized developer Kerzner International is ready to offer The Royal Atlantis Resort & Residences in UAE. Exceptional construction on Palm Jumeirah makes foreign investors fall in love and steals the expats` hearts immediately.
In this article, we are ready to answer 5 popular questions about apartments and penthouses in the residential complex.
Table of Contents
What is the uniqueness of the complex?
The Royal Atlantis Resort & Residences represents a beneficial combination of comfort and style. The investors and the residents of the residential complex will enjoy:
- a pool with a panoramic view;
- private beach with numerous amenities;
- multiple sport grounds and gyms;
- spas and saunas;
- spacious terraces and balconies;
- panoramic windows;
- stylish design and fashionable interior;
- lounges;
- advanced facilities.
What are the hidden costs when buying real estate in the complex?
Roughly speaking, there is no such concept as hidden costs in Dubai. All additional expenses should be discussed with the developer at the first stage of communication. The developer will provide a detailed list of common expenses connected with the purchase of housing. A buyer has to evaluate the total amount of costs and correlate it with the budget.
The overall amount of fees may reach 10% of the value of the purchased property. It is a significant sum that can influence the decision of a buyer to invest in the definite object. The common taxes are:
- Transfer fee of 4% of the purchase price.
- Administrative fee of AED 540.
- Registration fee of AED 2,000-4,000.
- Tax for getting the certificate of ownership of AED 250.
- Payments for the assistance of the real estate agent.
There are some potential additional costs. Still, all of them are to be discussed with the developer and included in the contract.
What is the economic attractiveness of the residential complex in Palm Jumeirah?
Apartments and penthouses in The Royal Atlantis Resort & Residences provide a range of benefits for expats and investors. Expats searching for relocation obtain a comfortable place for living among wealth and luxury. Investors obtain a profitable long-term investment with high return.
Residential units in the complex have a high rental demand due to the rising number of tourists. The owners can get up to 10% ROI per annum and a stable flow of tenants.
Richness, exclusiveness and comfort implemented in each detail of the complex attract not only tourists during a hot season, but wealthy businessmen on business trips.
Will I spend a fortune on apartments in the residential complex?
Despite the fact that the Dubai real estate market is developing by leaps and bounds, there is still an excess of demand over supply. Even those who do not work in the UAE and do not own a company here consider it wise to own real estate in the UAE.
There is no cheap housing in Dubai. However, the cost does not seem so high when you consider that almost all residential properties in The Royal Atlantis Resort & Residences are delivered with full renovation, not just bare walls. The buyer can immediately move into the purchased housing.
The starting price of residences in The Royal Atlantis Resort & Residences is more than AED 7,000,000. It is almost impossible to find the real estate of the same premium segment in Dubai for the lower price. If you need more space than just a 2-bedroom apartment, be ready to pay up to AED 100,000,000.
Who can I address to get help in the purchase?
The real estate agency Dubai-Property.Investments provides certified services and useful help in buying real estate in The Royal Atlantis Resort & Residences. The professional real estate agent helps to select the suitable housing unit, calculate the overall value and give relevant information about its profitability.
The agents assist in performing the deal and control each stage of the construction. It is almost impossible to manage the whole process of the transaction without a third-party helper. Dubai-Property.Investments works for clients, their successful investments, pleasure and profit.
The outcomes
Dubai always provides foreigners with a variety of choices. The sphere of real estate is not an exception. However, there are cases when there is no need to conduct a thorough investigation. The residential complex of The Royal Atlantis Resort & Residences is the first variant to invest in terms of profitability, comfort, style and privacy.
