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Studio from 67,644 USD (plus 9.563 USD for parking space). Pay by installments within 5,5 years. Rental yield is around 10% p.a. net (based on today’s rent). Apartments are to be handed over fully fitted, with furnished bathroom and kitchen. 25% of the apartment value may be paid to the developer at the expense of the rental income.
Humaid City – prestigious new development, strategically located on the Emirates Road Alongside to the road to Humaid City shopping mall (on an island in the centre of the lake).
Size: studio – from 450.14 sqft - 67,644 USD, 1-bed – from 850.35 sqft - 127,785 USD, 2-bed – 1,128.38 sqft - 169,565 USD.
Payment terms:
Now 5% + 2.732 USD*
After 1 month from reservation - 10% + 2,732 USD*
After 2 month from reservation - 10% + 4,099 USD*
5% - 1st of Dec 2009
10% - 1st of June 2010
10% - 1st of Dec 2010
10% - 1st of June 2011.
15% upon handover – 10,147 USD
25% are to be paid by 5*5% installments within 2,5 years after completion (half a year interval).
*for parking space

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