Emaar Beachfront is one of the most sought-after communities in Dubai. It is situated in Dubai Marina, the prestigious district near the Palm Jumeirah. Luxurious real estate for sale in Emaar Beachfront is in high demand among overseas buyers looking for buy-to-live or buy-to-invest properties. Owners of real estate in Dubai are eligible to receive a residence visa, which greatly simplifies the relocation. Let’s discuss the advantages of Emaar Beachfront and the specifics of obtaining a residence permit.
Advantages and features of Emaar Beachfront
The community covers an area of about 1,000,000 m². At the moment, this is one of the best off-plan projects by Emaar, one of the key developers in Dubai. The complex features 10,000 units of property for sale in Dubai, spread throughout 27 buildings. The construction process has begun in January 2018. The development is scheduled to be completed in four years.
The availability of two cruise ship terminals, each with a capacity of more than 6,000 passengers, is a significant advantage for the region. It is expected to receive about 1.2 million passengers per year. Owners of yachts from the countries of the Persian Gulf already find the location to be appealing. They keep one-third of the world’s superyachts within their borders.
Customer preferences in Dubai’s residential communities have been greatly affected by the previous lockdown and self-isolation measures. The emirate’s real estate sector as a whole is currently working to accommodate the rising demand for ready-made dwellings. The most sought-after homes can be found along the seaside or in gated communities with excellent infrastructure and parks close by.
Emaar Beachfront operates according to trends and offers residential units with an optimal price-quality-comfort balance. The local housing stock is characterised by:
- high profitability;
- quick return on investment;
- convenient access to major social and public facilities;
- well-developed infrastructure of the complex and the community itself;
- shopping malls, cafes, and restaurants;
- sea view accommodation;
- the location near the beach.
The property in the community is designed in such a way as to provide a person with freedom of movement, life, and recreation. At the heart of each object is practicality and simplicity, together with sophisticated finishes and the gloss of luxury housing.
Apartment prices at Emaar Beachfront, Dubai
Investors will be able to select many lucrative properties among the 10,000 dwelling units that will turn into a reliable source of revenue.
- Villas with two to four bedrooms.
- Apartments with one and four bedrooms.
After the project is finished, the owners will receive units that are fully furnished, include household appliances, and have excellent repairs.
In 2021, the construction of two 26-storey Sunrise skyscrapers, connected to each other by a five-storey high ceiling, was completed. One- to four-bedroom apartments and balconies will be available for purchase in these buildings starting at $355,000.
The 27-storey Emaar Beachfront South Beach housing estate is one of the off-plan projects in Dubai. It provides furnished flats with one to three bedrooms for sale. The initial cost of apartments in South Beach is $429,000.
Emaar Beachfront Grand Bleu Tower, which offers one- to three-bedroom residences and four-bedroom penthouses in the 1930s Miami Art Deco style of the twentieth century, is scheduled for completion in 2023. The cost of a one-room apartment is $454,574. And these are only a few of the options that are currently on the market.
Visa for the purchase of a property in Dubai in the Emaar Beachfront community
The community is one of the free zones in Dubai where foreigners can invest in completed homes or properties for sale off plan in Dubai and have full ownership of the housing.
The UAE’s legal system does not recognise the concept of a residence permit or permanent residency; rather, a residence visa gives foreigners the right to live in the country in the status of a resident. It is extremely challenging for an alien to become a citizen of this nation. As a result, obtaining a visa remains an option for permanently residing in the country.
A residence visa is issued for a period of 6 months to 10 years. The foreigner has the right to extend it. A two-year residence visa is granted through the purchase of real estate in Dubai worth over $205,000. The home owner can apply for residential status for his family, open a bank account, and enjoy every other perk of living in the Emirates.
A ten-year visa for owners of apartments or villas for sale in Dubai
It is frequently called “A Golden visa”. The following categories of citizens can apply for such a visa:
- A foreigner who has purchased a residence worth more than AED 2,000,000 (about $545,000). If the investor wants to renew his residence visa, the property must have been owned for at least three years.
- People who invest AED 10,000,000 in the UAE. This investment could be a bank deposit, the formation of a company with a charter capital of at least AED 10,000,000, or investments in other sectors of the economy. Executive directors and business consultants can be included in the UAE investor visa.
Other categories of people are eligible to apply for a 10-year visa. On the Emirates.Estate official website, you can find more information about them.
Required documents
The main documents required to obtain resident status for expats are:
- Your original international passport;
- A marriage certificate and birth certificates for children (these documents must first be apostille in the country of origin before being legalised at the UAE embassy);
- Photographs with white backgrounds;
- Medical certificate according to the results of the examination;
- Health insurance;
- A certificate of no criminal record;
- An application on issue of identification card.
A certificate of ownership is also necessary for people wanting to buy apartments for sale in Dubai in order to get a residency visa in the UAE. Documents are submitted to the Federal Identity and Citizenship Authority or the General Directorate of Residency and Foreigners Affairs. It is possible to apply online. If a foreigner submits incorrect or incomplete documents, their visa application may be rejected.
Article written by C George.
