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



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