Axis Residences, Emirates Road, Dubai
Reduced to £145,762 Freehold
Building Area: 753 ft2
Axis Residences is being handed over between May and June 2009. A low rise development of 7 residential buildings, located at the centre of Dubai Silicon Oasis Free Zone. Targeted at young professionals and small families. Bank loans are not necessary as the Deverloper (GGICO )is taking postdated cheques instead. This is a first for Dubai. So dont need a bank loan , only a need to pay post dated cheques of of 15,000Dhirams per month. Alternatively you can but the 1.6m flat outright with cash and teh developer may give upwards of a 25% discount. 'Axis Residences' is being completed in 2 phases, with Phase I scheduled for delivery in the fourth quarter of 2008. Phase 2 comprises buildings from 2 to 7.
The balconies and terraces of the apartments at ‘Axis Residences' open onto spacious courtyards lush with tropical greenery. The flexible layouts of properties allow residents ample freedom to design homes according to their taste and requirements. Moreover, 'Axis Residences' is well-connected to the commercial and leisure hubs of Dubai.
Dubai Silicon Oasis is a 7.2 square kilometer master-planned community strategically located on the Emirates Road in Dubai. It is the only Free Zone in Dubai that is an integrated community. A first-of-its-kind international technology hub in Dubai, ‘Dubai Silicon Oasis' offers the region's most highly developed IT system, drawing the dynamic, techno-savvy community to its premises.
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Facilities
SELLER IS OFFERING UP TO THREE ONE BEDROOM FLATS WITH CAR PARKING PRIOR TO HANDOVER AT ALMOST HALF THE ORIGINAL PRICE
DEVELOPER IS OFFERING A 45% DISCOUNT ON BALANCE ( SEE TABLE BELOW FOR EXPLANATION )
Modern & flexible interiors
- Spacious balconies & terraces
- Large ornamented podium
- Landscaped courtyard & manicured greenery
- Centrally air-conditioned apartments
- Child-proof electrical switches
- Intercom system between all apartments for easy connectivity
- MAT TV & satellite systems for world-class entertainment
- Strict adherence to finest quality
- Advanced security system
- Fire safety & alarm system
- Smoke detection system
- Large open-to-sky swimming pool
- State-of-the-art fitness facilities
- Gymnasium / Sauna
- Car parking / Elevators
- Reasonable service charges
- Fine dining options with cafes & restaurants
- Impressive retail outlets
| AXIS | BUILDING NO 3 IN Dubai Silicon Oasis ( near the university ) | |||||||||||||
| HANDOVER STARTED JUNE 2009 SO BUILDING IS READY | ( rental figures of 40/45000 pa expected ) | |||||||||||||
| Unit no. | Net Area | Unit price | Parking | Total price | Amount Received To Date by Developer | TOTAL PAID | Total Received | Balance | 45% dis. for Balance from Developer | Balance Due incl. parking | Bal Due Developer + Amount required by Seller | |||
| 1st. Ins. | 2nd. Ins. | 1% PDC | BY SELLER | |||||||||||
| 3-1-11- | 796 | 1,592,500.00 | 50,000.00 | 1,642,500.00 | 159,250.00 | 47,775.00 | 15,925.00 | 222,950.00 | 222,950.00 | 1,369,550.00 | 616,297.50 | 803,252.50 | 926,202.50 | |
| 3-3-14- | 807 | 1,595,600.00 | 50,000.00 | 1,645,600.00 | 159,560.00 | 47,868.00 | 15,956.00 | 223,384.00 | 223,384.00 | 1,372,216.00 | 617,497.20 | 804,718.80 | 928,102.80 | |
| 3-3-15- | 811 | 1,604,100.00 | 50,000.00 | 1,654,100.00 | 160,410.00 | 48,123.00 | 16,041.00 | 224,574.00 | 224,574.00 | 1,379,526.00 | 620,786.70 | 808,739.30 | 933,313.30 | |
| Total | 4,792,200.00 | 150,000.00 | 4,942,200.00 | 479,220.00 | 143,766.00 | 47,922.00 | 670,908.00 | 670,908.00 | 4,121,292.00 | 1,854,581.40 | 2,416,710.60 | 2,787,618.60 | ||
| SUMMARY BOX | ||||||||||||||
| NO PREMIUM REQUIRED | Unit Nos | Net Area | OP(ORIGINAL PRICE) | SP (SELLING PRICE) | ||||||||||
| 3-1-11- | 796 | 1,592,500.00 | 926,202.50 | |||||||||||
| 3-3-14- | 807 | 1,595,600.00 | 928,102.80 | |||||||||||
| 3-3-15- | 811 | 1,604,100.00 | 933,313.30 | |||||||||||
| OFFERS CAN BE MADE ON THE SELLING PRICES ABOVE - THS IS A QUALITY BUILDING BY GGICO ) its building no 3 and there will be a cluster of 7 buildings) | ||||||||||||||
| RERA HAS APPROVED RESIDENCY VISAS FOR ANY ORIGINAL PRICES OVER A MILLION | ||||||||||||||
Viewing
Please contact our Hounslow Office on 0208 570 3655 if you wish to arrange a viewing appointment for this property or require further information.
Disclaimer
Churchill House endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.