Wednesday 18 June 2008

ABU DHABI - AL REEM ISLAND - RT-4-C49a

HOT BUY
MASTER DEVELOPER-TAMOUH

DEVELOPER-TAMOUH
UNDER WRITER - SOLACE PROPERTIES
PLOT NUMBER- RT-4-C49a
VIEW-SEA VIEW
FLOOR SIZE [NET AREA] = 8800 sqft
13TH FLOOR
NET PRICE = 2310 dhs/sqft
GROSS PRICE = 1880 dhs/sqft

PREMIUM = ONLY 1% UNTIL 1ST JULY

PAYMENT PLAN - 13TH FLOOR
(EXCHANGE RATE 7.19)
DOWN PAYMENT -5% - £141,363
PREMIUM = 1% - £28,233
25th JUNE 2008 - 5% - £141,363

23rd AUG 2008 - 5% - £141,363
21st OCT 2008 - 5% - £141,363
18th FEB 2008 - 10% - £282,726
14th JUNE 2008 -10% - £282,726
10th OCT 2008 - 10% - £282,726
6th FEB 2010 - 15% - £424,089

ON COMPLETION 35% - £989,541
(EXPECTED 2012)

EXIT STRATEGY
OPTION 1
Maximum 3 Months
Pay down payment - £141,363
Premium 1% - £28,233
Pay 2nd payment - £141,363

Total Invested - £310,959
Sell at 5% premium = £141,363
Profit = £113,130
ROI = 36.38% in 3 Months



7 comments:

Elysian said...

Yous providing details shows now accommodation in Dubai is not too much expensive that i thought.
Thank for this detail.

jony said...


if you talk about beauty and peace than no doubt one city comes in mind which is known as Dubai, it is surrounded with sand and beautiful mountains. You will never ever get bored at this place because you’ll enjoy every single activity.Dubai has proven that it is the best destination all over the world for tourism as well as for business purpose.
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Unknown said...

Al reem island In total, at least 22,000 residential units are planned (figures do vary significantly between different sources) with the first buildings to be completed by 2009, in Marina Square.

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Unknown said...

AL REEM ISLAND in Abu Dhabi is an impressive place to live. After completion of Marina Square, the number of apartments will be available for rent and there will be the decrease in rents in Abu Dhabi.

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