Quote:
Originally Posted by zouth
And who is selling at this price, I can't see it in this thread?
What is the premium and pyt plan, it is 30/70 or the opposite?
Plus i Believe, there is another pyt plan where you pay your 30% either in Dec08 or Feb09, so am having the later plan.
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I believe Q-Point has been sold both Dynasti Zarooni and by Mazaya themselves. Initially, it was launched by Mazaya at approx 600-700 psfq and recently re-launched by Dynasti Zarooni at 970-980 psqf in three phases:
OP: 970-980 psqf
Paymnt Plan:
10% on booking
10% august 25th
10% december 2nd
70% completion
OP: approx 1080 psqf
Paymnt Plan:
10% on booking
10% september 25th
10% january 2nd
70% completion
OP: 1100-1150 psqf
Paymnt Plan:
10% on booking
10% october 25th
10% february 2nd
70% completion
The difference in original prices of aed 100psqf is compensated by the payment plan which is shifted for one month in every next phase.
So if you are to take a unit at 980 psqf you would most probably have to pay 20% of OP plus premium, if a unit at 1080 psqf - then 10% of OP and accelerated paymnt this month plus premium. Or if you take slightly higher OP of 1100, then you'll have 1.5 months till next payment on October 25th, which is 2 weeks after Cityscape Dubai, when the prices are expected to shoot up again after summer and Ramadan slow down.