| Financed by ADCB
Unit Type Large Studio
Location International Media Production Zone (IMPZ)
Size 506 Square Feet – 47 Square Meter
Floor 7th
View Full Lake View
Over Looking / Neighborhood
1-International Media Production Zone (IMPZ)
2-Commercial
3-Offices
Balcony Yes
Parking Not included, but you can get one directly from DAMAC
Finance Yes, Financed by ADCB
Project Name The Crescent by DAMAC
Tower Height 18 Floors
Developer DAMAC
Developer's other projects DAMAC Heights, Lake view, Lake Terrace
Completion Date September 2008
Why it is an excellent opportunity?
1-Best Location in IMPZ and Developed by DAMAC
2-Mid Floor, Spacious, and Excellent Views of the Lake
3-Financed by ADCB
4-On Emirates Road and 3 minutes fro Shaikh Zayed Road
5-Only 30% of IMPZ is Residential and remaining is offices
6-Current DAMAC price per square feet is over 2,200
7-Estimated annual rental of 12%
Price Per Square Foot 1,305
Selling Price 660,300
Transfer Fees 12,675 (3% of Original Price [422,450 )
Total Investment 673,000
Offered Price is Valid Only Till 30th of September 2008 The Following Payments to be paid to me :
[A] Upon agreement (to be paid to me in cash)
Amount Paid and Premium 596,958
Commissions(if any) XX,XXX
The Following Payments to be paid to the developer:
[B] Remaining Amount (Upon Completion) 63,368
[C] Transfer Fees 12,674
Total of 76,042 |
