A Dubai property developer is offering investors a free DMCC business licence and a residence visa when they buy an apartment in a luxury tower.
LUXHABITAT Sotheby’s International Realty has recently launched the exclusive SO/ Uptown Dubai Residences.
The residences offer a unique opportunity for investors and business owners, with the ability to secure a complimentary Dubai Multi Commodities Centre (DMCC) business licence.
Dubai real estate business licence offer
Valued at AED60,000 ($16,300), the licence will enable investors to access DMCC’s state-of-the-art infrastructure and a wide range of services by UAE’s largest commodities trade and enterprise free zone.
Valid for one year, the licence offers access to one coworking unit within the Uptown Business Centre, boasting world-class facilities for the first year, and one two-year residence visa alongside an Emirates ID and medical fitness test.
Seran Gheorghe, Managing Director – Public Developments at LUXHABITAT Sotheby’s International Realty, said: “So/ Uptown Tower has all the ingredients to become one of the most sought-after places to ‘work and play’.
“It combines three key elements that make Dubai appealing to all of us in one convenient location: a top-notch office space, a luxurious five-star hotel, and branded residences situated on the upper floors, offering stunning 360-degree views from a height of 340m above the ground.
“Those who appreciate excellence and a sophisticated lifestyle will truly grasp the significance of having a home designed by Adrian Smith + Gordon Gill Architecture, renowned for their iconic tower designs such as the Burj Khalifa in Dubai and the Central Park Tower in New York.”
DMCC’s SO/ Uptown Dubai is the first SO/ project to open in the Middle East.
An iconic addition to Dubai’s skyline, the tower is styled to mimic the brilliance of diamonds.
The tower rises 340m, spans 81 storeys, and offers unobstructed views of the Ain Dubai and the Arabian Gulf.
The tower features a 188 key five-star luxury hotel, more than 46,000sq m of Grade A office space, and 227 signature branded residences.
It also has amenities, including restaurants, shops, and a variety of leisure outlets.
Starting from AED1.7m ($462,000), the 227 residences are part of the vibrant SO/ brand by Ennismore, a joint venture with Accor.
