Alineah.com - Dubai - Dubai Investment Park - Ritaj - Building - Residential - 59,004,829 AED

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Aug 20, 2009, 1:29:08 AM8/20/09
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Dubai Property
Dubai property: Alineah a platform for professional and Landlord with over 21,000 property for sale
 
Posted Date : 08/19/2009
Building for Sale
 
Ref ID: BL- 501
Property Name: Ritaj
Property Category: Residential
Price: 59,004,829 AED
Location: Dubai - Dubai Investment Park
Area in Sq.Ft.: 67265
? Ritaj is a residential development that defines affordable living in an excellent location. Ritaj provides a range of studios, one, two and three bedroom apartments with superb facilities for singles, couples, and families that will form a complete village community. Where is Ritaj? Located in an excellent location at Dubai Investments Park. It is close to Emirates Road and Sheikh Zayed Road giving easy access for commutes to Dubai, Jebel Ali and Abu Dhabi. It is also well placed for Dubai's newest developments: Dubai Marina, Dubailand, Palm Jumeriah and Palm Jebel Ali, Dubai World Central, and the recently launched Bawadi Project. What is Dubai Investments Park? Dubai Investments Park represents a city within a city. DIP has already established a successful mixed use site incorporating industrial, business, residential and recreational developments. Who will my neighbours? The Green Community, Dubai Lagoon, Palisades, Ewan, Dunes Village and Royal estates and Crown City. Who are the developers of Ritaj? Dubai Investments Real Estate Company (DIRC) offers investors an impressive portfolio of premier real estate projects including the Ritaj. DIRC is wholly owned by Dubai Investments Company, the largest investment company listed in the UAE Stock Exchange with over 25,000 shareholders and paid-up capitol of AED 1.8 billion. DIRC aims to become one of the leading real estate developers of the UAE in the next few years. Who are the design architects? Al Jabal Engineering Consultants. What makes Ritaj so different? At the heart of this development DIRC has created a fully equipped Community Centre with restaurants, cafes, shops, supermarket, clinic, pharmacy and Mosque. This Centre will become the focal point for residents providing essential services during the day followed by relaxation and entertainment in the evening. The whole community will be self contained on one accessible site. What are the specifics of Ritaj? . Affordable, well planned, fully serviced accommodation: 24hr. security, maintenance, . Community Centre: includes shops, cafes, restaurants, supermarket, clinic, pharmacy, and mosque , . Leisure facilities: swimming pool and landscaped gardens, multi-storey and basement parking . Excellent location: access to major road network for Dubai, Jebel Ali and Abu Dhabi, Close proximity to major developments: Dubailand, Palm Jumeriah, Palm Jebel Ali, Dubai Marina, the new Bawadi and Dubai World Central Airport. How are the interiors designed? The units are unfurnished. The design can be viewed in the three furnished apartments available on site. Each studio is equipped with a fridge, cooker and washing machine. What amenities are in Ritaj? Swimming pools Landscaped gardens Schools in close proximity 24 hour security Maintenance Cleaning Covered Parking in either basement or multi-storey parking areas Shops Cafes and Restaurants Supermarket Clinic Pharmacy Mosque What are the service charges? There will be no service charge for the first two years from the completion date. Following the completion, approximate charges per annum are: AED 5000.00. Who will manage the security, cleaning landscaping and day-to-day maintenance of Ritaj? DIRC - Dubai Investments Real Estate Company. What is the price range for the studio and apartments? Prices for studios in Ritaj start from approx AED 530,000. What is the payment schedule from the Developer? 10% - On Booking 05% - 15th March 09 05% - 15th June 09 15th May 09 75% -- On handover 05% (Please note the payment schedule is based on the original price of AED 860 per sqft) When is completion of Ritaj expected? 3rd quarter 2009. What financing is provided? Financing is provided by Emirates Islamic Bank, Down payment starting from as low as 10%, Financing up to 20 years, What type of ownership is Ritaj? Leasehold 90 years. Are there any resale restrictions? There are no resale restrictions.
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