DescriptionThis is a spacious one bedroom plus study units 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.