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KIARA Residence Brand New Ready Apartment in Dubai Damac Hills Properties For Sale Dubai Land
KIARA Residence Brand New Ready Apartment in Dubai Damac Hills Properties For Sale Dubai Land
KIARA Residence Brand New Ready Apartment in Dubai Damac Hills Properties For Sale Dubai Land
KIARA Residence Brand New Ready Apartment in Dubai Damac Hills Properties For Sale Dubai Land
KIARA Residence Brand New Ready Apartment in Dubai Damac Hills Properties For Sale Dubai Land
KIARA Residence Brand New Ready Apartment in Dubai Damac Hills Properties For Sale Dubai Land
KIARA Residence Brand New Ready Apartment in Dubai Damac Hills Properties For Sale Dubai Land


from

$147,014.78
  • pin_drop
    Dubai Land

Down Payment

30%
home
Apartment
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New Ready!
bed
1/2/3
640 - 1,959
chair
bathtub
visibility

   Investment Analysis Report (IAR)

If you are looking for property investment opportunity with the above listing, We can provide you with the following Up-to-Date Investment Analysis which includes 

  • Market Insights 
  • Transaction Insights 
  • ROI 
  • Cap Rate 
  • Cash on Cash Rate 
  • Rental Yield
  • Return on Equity 

   Possible Options

1 BR
640 - 1,164 sqft
2 BR
1,087 - 1,702 sqft
3 BR
1,629 - 1,959 sqft

   Possible Payments 

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Crypto

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Bank Transfer

payment

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Cheque

   Property Overview

At Kiara in DAMAC Hills, discover welcoming furnished apartments that cater to every lifestyle. Here, you’ll wake up to merry sounds and sights, along with breathtaking views of the Trump International Golf Club Dubai. With a collection of beautifully appointed apartments in a superb location, every furnished home is artfully planned with large windows and wide open areas. The tasteful interiors, equipped kitchen and spacious bathrooms, along with a wide variety of world-class amenities make coming home a pleasure.
At The Park in Kiara, beautiful themed areas will appeal to every age and interest, whether it’s a relaxing green enclave for a family, a place to benefit from some exercise on al fresco gym equipment, a buzzing skate park, a beach-inspired landscape, or one of the many other lovely areas.
Drop into the nearby Carrefour Market, your one-stop-shop to eat, drink and shop. So whether you need some last minute supplies, want to buy your weekly groceries or fancy a delicious treat, it’s all waiting for you at the local supermarket.

   Iconic Destinations 

Dubai Mall
11 Mins
Burj Khalifa
14 Mins
Dubai Marina
25 Mins
Jumeirah Beach
27 mins
Dubai Airport
10 Min
Dubai Palm
22 mins

   Property Data 

  • Floor Plans
  • Property Brochures if available 
  • Payment Plans
  • Possible Different Layouts 

   Property Amenities

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Childrens Play Area
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Disabled Accessibility
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Fitness and Entertainment
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Swimming pool and Spa
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Nature and Parks
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Parking
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Security

   Area Price change 

All Prices in AED

   Payment Plan


Interest Rate
3%
Loan Period
20 Years
Payment On Booking
30%

   Mortgage Calculator 

   Property Location

divi discount
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   Nearby Entertainment 

   Nearby Schools

Homes For Sale in Dubai DAMAC Hills Properties


The best properties in Dubai are available for sale from PREMIER HEIGHTS REAL ESTATE Services. With a large selection of Dubai Hills Properties, we have the perfect one for you. Whether you're looking for a family home, an investment property or a vacation home, our sales team can help you find the perfect property. Contact us today to schedule a viewing of our properties. 

 


                                                                

Property Review

Based on 2 reviews


Buyer Services

  • Best Mortgage Rates Assistance 

  • Golden Visa Assistance

  • Buyer Consultation until Handover

  • Financing & Legal Advises

  • Property Snagging

  • Sales Progression

  • Relocation

  • And more ..

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Areas Nearby


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CONTACT US
Why Choosing Us?
We are here to help you to put the right decision to purchase your dream property. Let's communicate and feel free to reach us.

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  • Address
    Office 202, Building C, Al Saaha Offices Souk Al Bahar Old Town Island، Burj Khalifa District - Dubai
  • Contact Details
    +97147701845





PREMIER HEIGHTS DUBAI




Get In Touch

We value our customers greatly, and are always here to help. If you have any questions, queries or comments feel free to drop us a line and we will get back to you as soon as we can.

Frequently Asked Questions

Do you provide Mortgage Assistance ? 

Yes , as property consultants , we will provide a 360 degree financing consultation to buy your property and we have a range of financial proposals to select from. We will also help you in: 


  • Fastest Approvals
  • Exclusive Rates and Terms
  • Lowest Paperwork
  • No Hidden Charges or Extra Payments
  • Flexible & Convenient Payment Plans

What Mortgage Type available for me ? 

Mortgage loans have various types, mainly differing on interest rates and their calculations. 
  • Fixed Rate Mortgages
A fixed interest rate from the beginning to the end of the loan term. This solution is easier for you to plan and make your payments.

  • Variable Rate Mortgage
a Variable interest rate and is always changing. It follows the interest rate as regulated by Emirates Interbank Offered Rate (EIBOR). Here, you don’t know how much interest you will have to pay in your next Equated Monthly Installment (EMI), But it can be useful also as sometimes rates can become very low from time to time.

  • Discounted Rate Mortgage
This provide you with highly attractive mortgage rates, but they are offered on limited time. After that period, a higher interest rate is applicable to the principal amount. If you choose to pay off the loan within the discounted period, you will save a lot of money in terms of total interest to be paid.

  • Capped Mortgage 
An adjustable-rate mortgage. This follows the Emirates Interbank Offered Rate (EIBOR) rate as the basis for interest calculations, but there is an upper limit set for the interest rate. As a benefit, You can always be aware of the maximum Equated Monthly Installment (EMI) you will pay and manage accordingly.

  • Offset Mortgage 
You can benefit of changing the principal amounts, which impacts the interest rates and Equated Monthly Installment (EMI), if you deposit a certain amount of money to the lender bank, the outstanding principal amount will reduce accordingly. There are also no barriers to draw that amount, allowing a lot of freedom and control.

What are the requirements to issue a Mortgage ? 

Within the UAE, financial institutions adhere to a specific criterion which are:

    Credit history

    Length of employment in UAE

    Time spent within the UAE (Usually from 6 to 12 months)

    Total business period in UAE (Usually 3 years)

What are the Fees during my property purchase? 

  • Land Department Fees = 4% Property Value + 580 AED
  • Property Registration Fees = 4000 AED for over than 500,000 AED + 5% VAT
  • Mortgage registration fee = 0.25% of the mortgage loan 
  • Evaluation Fees = (2500-3500) + 5% VAT
  • Commission for real estate.

    • What is the maximum Mortgage period in UAE ? 

    25 Years for nationals and residents and 15 years for non residents.

    What is the Mortgage Financial Cap ? 

    Up to 85% of the property value for UAE nationals and 80% for the expats.

    What is the salary terms to issue a Mortgage ?

    The minimum salary from 10,000 AED for UAE nationals and 15,000 AED for expats. 

    How much Mortgage amount eligibility ? 

     Not more than 25% or 28% of the income is required to pay the Equated Monthly Installment (EMI). 

    Do the Mortgage include utilities payments  ? 

    No

      Is there an option to rent to own ? 

      Yes, but limited. 

      What are the T & C for Mortgage Loan

      The mortgage agreements and processes are monitored by the Government and must comply with the laws. The Real Estate Regulatory Agency (RERA) requires a set of documents and other particular for registration of the mortgage agreement. You can check the procedure and requirements for RERA Registration Unregistered contracts will be considered null and void. The applicant must fulfil all the conditions for eligibility set by the government of UAE. RERA registrations require a non-refundable fee of AED 1000.


      Can you provide Mortgage Preapproval ? 

      For individuals who are looking to purchase a home within the UAE, it is essential to get prior mortgage approval. We can help you to find out. 

      Does property value affects the down payments?

      If a person buys their first property which is under AED 5 million, the minimum down payment they will need to pay is 20%. If a non-national buys a property over AED 5 million, the minimum down payment is 30%.     For a second, third and any more properties of any price, the down payment is at least 40%. If the property is off-plan or under construction, the down payment will be 50% of the purchase price of the property.

      If you want a zero down payment home loan in Dubai, then rent to own property may be a good fit for you.

      What is the Mortgage loan maximum I can get ? 

      Typically, though, for a property purchase price under AED 5 million, the maximum loan-to-value ratio for foreign nationals is 80% and for UAE nationals is 85%. For properties valued at over AED 5 million, the loan to value ratio decreases to a maximum of 70% for expats and 75% for nationals.

      What are the documents to have Mortgage loan ?

      • Identification documents (passport) 
      • Proof of your individual/legal residence in Dubai.
      • Evidence of your individual residential address.
      • Documents required for proving that you have a good credit history (bank statements, proof of income, tax returns and employment letter) 
      •  Documents required for proving mortgage affordability.

      How much Mortgage loan cost fees ? 

       Bank fees including the property valuation fees, processing fees, and insurance registration fees. The mortgage registration fee which is 0.25% of the total value of your approved mortgage. Mortgage life insurance, which will have a varying costs depending on the type of property and mortgage.