The apartment is ready to move in within 12 months period:
- The legal notarised eviction notice has been served, the tenant will be moving out in 1st week of January 2026.
- During the period the tenant is staying in the property, new owner will collect the rent.
- Once the apartment is vacant, it will be fixed and prepared for the new owner handover.
The purchase procedure will be standard secondary transaction:
- For mortgage buyers, they will need 20% Down Payment + 4% DLD and the remaining to be covered with a loan from the bank.
- For cash buyers, 100% payment on the transaction date is required.
- To hold the unit for both types of buyers there is a requirement of 10% check from the client and Contract F will be signed.
Building compromises of:
- There is total of 56 units only. 28 units of 2-bedroom apartments, 8 of which have maid rooms, some with semi-closed kitchens and some with closed kitchens; 16 units of 1-bedroom apartments with semi-closed kitchens & 12 units of studio apartments. All units have a balcony.
- Building is G+4+HC floor for amenities.
- On the ground floor, there is 24/7 security/reception.
- All units consist of smart layouts, with incorporated walk-in wardrobes.
The building has a great location with great accessibility:
- It will be 10 minutes walk from Blue line metro station.
- 20 minutes walk or 3 minutes drive to the local GEM's Foundation School.
- 3 Minutes drive to local large Lulu Super Market; 1 Minute drive to local pharmacy and smaller super markets.
- 15 Minutes drive to DIP; 35 Minutes to Marina, Business Bay, Dubai Silicon Oasis, Sheikh Zayed Road and others.
