RESIDENTIAL APARTMENTS:
Location: International City
Project Name: Global Green View 2
Developer: Best Homes Emirates Real Estate & Construction Co. LLC
Ready by: mid-2008
Apartment #: 206, 406 and 602.
Please note: This is a project of Best Homes Emirates Real Estate & Construction Co. LLC, a well-known developer in the U.A.E. who have already developed and handed over the possession of Global Green View 1 community. This project is being built close to the first project.
All apartments are facing the front side with a garden view. One reserved basement parking space is included for each apartment, i.e. a total of three parking spaces are allocated for the 3 apartments.
The apartment will include an impressive lobby entrance with retail shops and a 24-hour concierge desk with coffee bar and juice bar as well as swimming pool and outdoor Jacuzzi for adults and children. There will also be a health club and gym and a leisure deck incorporating barbecue areas.
i) Property details # 206:
Apartment #: 206
Owner: Lacewood Holdings Inc.
Area: 960 sq. feet.
Price from developer: AED 567,600 [from developer]
Special discounted Price: AED 560,000
Cost of offshore structures (renewed until December 31, 2006) will be borne by the seller, however, buyer would need to pay 1% fee to cover the legal costs of the transfer of the offshore company to the buyer. Your client saves over AED 15,000 in legal costs of creating the offshore company as a result!
Total cost: AED 565,600
Payment required as follows:
First payment: AED 111,100 [AED 105,500 + AED 5,600] (due immediately inclusive of the offshore company costs & transfer charges)
2nd payment due date: September 1, 2006: AED 50,500
3rd payment due date: November 1, 2006: AED 50,500
4th payment due date: January 1, 2007: AED 50,500
5th payment due date: March 1, 2007: AED 50,500
6th payment due date: May 1, 2007: AED 50,500
7th payment due date: July 1, 2007: AED 50,500
8th payment due date: September 1, 2007: AED 50,500
9th payment due date: November 1, 2007: AED 50,500
10th payment due date: January 1, 2008: AED 50,500
ii) Property details # 406:
Apartment #: 406
Owner: Anderley Properties Limited
Area: 960 sq. feet.
Price from developer: AED 577,600 [from developer]
Special discounted Price: AED 570,000
Cost of offshore structures (renewed until December 31, 2006) will be borne by the seller, however, buyer would need to pay 1% fee to cover the legal costs of the transfer of the offshore company to the buyer. Your client saves over AED 15,000 in legal costs of creating the offshore company as a result!
Total cost: AED 575,700
Payment required as follows:
First payment: AED 121,200 [AED 115,500 + AED 5,700] (due immediately inclusive of the offshore company costs & transfer charges)
2nd payment due date: September 1, 2006: AED 50,500
3rd payment due date: November 1, 2006: AED 50,500
4th payment due date: January 1, 2007: AED 50,500
5th payment due date: March 1, 2007: AED 50,500
6th payment due date: May 1, 2007: AED 50,500
7th payment due date: July 1, 2007: AED 50,500
8th payment due date: September 1, 2007: AED 50,500
9th payment due date: November 1, 2007: AED 50,500
10th payment due date: January 1, 2008: AED 50,500
iii) Property details # 602:
Apartment #: 602
Owner: Blue Marine Holdings Ltd.
Area: 830 sq. feet.
Asking Price: AED 504,800
Price from developer: AED 504,800 [from developer]
Special discounted Price: AED 500,000
Cost of offshore structures (renewed until December 31, 2006) will be borne by the seller, however, buyer would need to pay 1% fee to cover the legal costs of the transfer of the offshore company to the buyer. Your client saves over AED 15,000 in legal costs of creating the offshore company as a result!
Total cost: AED 505,000
Payment required as follows:
First payment: AED 109,000 [AED 104,000 + AED 5,000] (due immediately inclusive of the offshore company costs & transfer charges)
2nd payment due date: September 1, 2006: AED 44,000
3rd payment due date: November 1, 2006: AED 44,000
4th payment due date: January 1, 2007: AED 44,000
5th payment due date: March 1, 2007: AED 44,000
6th payment due date: May 1, 2007: AED 44,000
7th payment due date: July 1, 2007: AED 44,000
8th payment due date: September 1, 2007: AED 44,000
9th payment due date: November 1, 2007: AED 44,000
10th payment due date: January 1, 2008: AED 44,000
COMMERCIAL PROPERTY:
Location: Jumeriah Lake Towers Development
Project Name: Jumeriah Bay, plot X2
Developer: First Gulf Bank
Ready by: mid-2008
Jumeriah Bay is one of the best properties on Jumeriah Lake Towers Development and the X2 plot is one of the best plots on Jumeriah Bay as it is the furthest into the lake. The X2 tower will be a commercial tower, meaning significant traffic in the retail area. Since First Gulf Bank is a partner, it is arranging mortgages on the property at extremely attractive rates.
Shop #: X2-3 FB
Owner: JLT INTERNATIONAL LTD.
Area: 1,330.63 sq. feet.
Asking Price: AED 2,395,134
Partial cost of offshore structures: AED 23,951 (inclusive of the renewal fees until December 31, 2006 and fees to transfer company in your name)
Your client saves over AED 25,000 in legal costs of creating the offshore company as a result!
Total cost: AED 2,419,085
Payment required as follows:
First payment: AED 778,418 (due immediately inclusive of the offshore company costs & transfer charges)
2nd payment due date: November 14, 2006: AED 182,296.30
3rd payment due date: March 14, 2007: AED 182,296.30
4th payment due date: July 14, 2007: AED 182,296.30
5th payment due date: November 14, 2006: AED 182,296.30
6th payment due date: March 14, 2007: AED 182,296.30
7th payment due date: July 14, 2007: AED 729,185.20