View Single Post
  #1  
Old 30-07-2008, 01:15 PM
Aryan Khan Aryan Khan is offline
Premium Agency Member
 
Join Date: Apr 2008
Location: Dubai
Posts: 174
Default 1st Freehold in MIRDIF

Great Investment oppertunity


MIRDIF HILLS

project details are as follows:
First free hold residential building in Mirdif.

One building = 4 Floors = 1 Block
One floor = 16 Units
Developer: Dubai properties

The project is being launched in Oct'08 @ 1800/- per sq.ft

Current Price price: + 2% comm

1 Block (4 floors): AED 1440 per sqft
One floor: AED 1520 per sqft
One Unit: AED 1600 per sqft

Project details:
· Mirdif hills
· first 100% freehold in mirdif dubai
· 24,600 sq ft per floor
· 4 residential floor blocks
· 16 studios per floor
· 10 one bed apartments per floor
· 4 two bed apartments per floor
· state of the art ladies and gents separate community centers with swimming pools, sauna and jacuzzis on rooftop for full community
· landscaped shopping complex on ground floor
· parking in 2 basements
· all buildings facing mushrif park
· 4 lifts and 3 stair cases per block
· full infrastructure already available
· completion in end 2010
· 1 block comprise of 4 floors
· 5 blocks available
· 10% advance
· 10% after 3 months
· balance construction schedule
· escrow account

Rental returns:• Mirdif is 1 of the fastest growing areas to live in Dubai because of it's proximity to Dubai airport and emirates highway.
• It is one of the favorite places for expats because of some of the most promising projects coming up fast including Mirdif city centre.
• It is mainly an area for villas & townhouses having only two projects of apartments (uptown Mirdif & new heritage aprt)

The rental returns in Mirdif are as follows:
Studios : starting from aed-70 k to 80 k (p .a)
1 bedrooms : starting from aed-85 k to 100,000 k (p. A)
2 bedrooms : starting from aed-110,000 k to 125,000 k (p.a)
3 bedrooms : starting from aed-150,000 k to 190,000 k (p. A)

The above mentioned rental returns for the apartments in Mirdif can be supported by all the leading newspapers.

The payment will be made directly to Dubai properties.

Only serious investors please.

Regards
__________________
Aryan
Reply With Quote