Project for Sale
Motor City - Opp. Formula 1 track)
A very nice project in Motor City Dubai. You or your investors might be interested in this unique project which is for sale on a very attractive offer.
Below are the key points of the project:
Residential Tower (G+5)
40% project is completed
Completion is in June 09
60% of the project is paid
Project is facing the Formula 1 racing track
Motor city details can be found on
MotorCity :: Experience It
Other details:
The project total cost is AED 130,425,568
40% paid: 29,202,428 AED
Premium: 52,403,130 AED
Total payable to owner: 86,621,926 AED
This payable amount can be spread over 4 installments. Which means; you pay 30m now and start selling the project @ 1800+ per sqft (current market rate of that area). and money starts coming in and you pay from the sales itself.
For serious buyers down payment of 30m can be negotiated.
Having world class Formula 1 track, Motor city will attract a large no. of investors, end users and tourists from all over the world. Which means the prices will be higher comparatively and great rental returns can be expected from the project.
A copy of the feasibility report is attached for your kind perusal.
For any further details, feel free to contact me.