O2 Residence an Outstanding Project in Dubai
Vakson Real Estate
A majestic 40 storey tower, the O2 residence offers breathtaking scenes
and spectacular views of
the Jumeirah Lakes, Emirates Hills and the Emirates Golf Course.
O2 Residence offers a safe and healthy environment for your family and
is equipped with the
latest in safety and security systems. Further more the property offers
amenities and in-house
facilities second to none, to provide you with the comfort and luxury
of modern living.
Outdoor barbeque area, game room, multipurpose room, mini theater and
children playroom
Exclusive underground parking accessible via secured car lifts
(selected units only) 24hour
mobile security emergency generator fire alarm and fire fighting
system, door entry system
(intercom concierge facility at reception) Swimming pool, Fitness
centre, Changing room, Steam
room.
Boutique shops and cafes on ground floor, unique sky atrium hallways
stunning views of the
lakes and emirates hills. A short drive away from the Palm Jumeirah &
Ibn Battuta Shopping Mall.
O2 payment schedule
The purchase price can be settled in easy payment schedules:
Booking 15%
After Two Months 15%
Every Three Months 10%
In case you need mortgage, after paying 40% you can apply for mortgage
and upon
approval you will pay the loan amount after project handover in terms
of 10 years.
Principal purchaser will be entitled for a residence visa.
Maintenance fees are proposed at AED 8 to 10 per square foot annually.
Each unit will receive at
least 1 reserved parking space.
Av: Avaiable | Rq: Requested
Area in SqFt.
Project Apt No. BR Size Price(AED)
O2 408 1 929 679,000
O2 409 1 929 679,000
Conservative Estimates of Forecast of Return on Investment (ROI)
Capital Appreciation 10 -13% per annum = 67,900AED
Rental Return 10 -14% per annum = 67,900AED
ROI Analysis:
Analysis 1- Time Period to Recover Capital
Years to Recover = Apartment Value/Rent + Appreciation =
679,000/135,800 = 5 Yrs
Analysis 2- Gross ROI
Gross ROI p.a = Yearly Income / Total Investment = 135,800/679,000 = 20
% p.a.
Estimated completion First quarter of 2008
Your investment would have paid for itself in 5 years, certainly an
attractive. You
would also be delighted to know that UAE is a TAX FREE country with NO
LOCAL TAXES whatsoever.
I hope that the information about our company and our projects which
you
obtained will help you to take the most advantageous investment
decision.
Should you need any further and/or detailed information, please do not
hesitate
to contact me directly on +971 50 640 2790 or at vaksondu...@yahoo.com
Also you can get more info at the following:
http://finance.groups.yahoo.com/group/vaksondubai/