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Apartment in Dubai Silicon Oasis For Sale

Dubai Silicon Oasis, Axis Silver
  • Size824 Sq.Ft ~ 77 m²
  • Bedrooms1
  • Bathrooms2
AED  791 232 ~ $  216 184
Price for Sq.Ft   AED 960 ~ $ 262
Property Details
  • Property typeApartment
  • Size824 Sq.Ft = 77 m²
  • Bedrooms1
  • Bathrooms2
  • Area & ProjectDubai Silicon Oasis
  • PropertyAxis Silver
  • PriceAED 791 232 ~ $ 216 184
  • Price for Sq.FtAED 960
  • Price for m²$ 2 824
Date of publishing 26 Apr 2017
Description
This is a spacious one bedroom plus study unit on a very attractive payment plan in the heart of Dubai Silicon Oasis. The payment plan is as follows:
• Downpayment : 30%
• 50% completion : 10%
• 75% completion : 10%
• 100% completion : 10% (amounting to 60%)

40% balance to be paid from the date of completion in 6 equal installments over 3 years

Return on your investment:

As the current rental for a one bedroom plus study is AED 75k so you can achieve a rental returns of approximately 9%. After deduction of the service charges the returns will be approximately 8%. This however is on the total value of the apartment, considering that you will only be paying 60% of the value and balance installments on a payment plan, your actual projected return will be higher than 10%.

Dubai Silicon Oasis is located on Mohammad Bin Zayed Road (previously known as Emirates Rd) providing great connectivity to Dubai Mall, Dubai International Airport, Mirdif City Centre, Global Village and most importantly the Academic city. The project will offer high end amenities and facilities.
Seller
Better Homes Marina
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