-Property Status: Complete
-Type of Property : Apartment Building
-Area: 10,825 square feet (Each Building)
-Present Use: Residential
-Type of Area: Leasehold
-Lease Period : 90 Years from DIP
-Units: 12
-Car Parking: 12
-Floors : 3
-Bedrooms: 10 units 2 Bedrooms
2 Units of 1 bedroom
-Built up area:17,000sqft (each Building)
-Completion Status: Handover December 2013
-Lease agreement details:
-Lease is registered in RERA till 2017 (renewable)
-Rental details
-Rent fixed until 2019 @ 38,000/yr
-Developer: Lootah Realestate
-Community Service fees: 82,000 per year/building
-Current Tenant details:Depending on rental
-Building apartments are rented @ AED 839,000
-Facilities: Swimming pool, Shopping Area, Tennis Court, Barbecue area, Kid's Play Area
-Selling Price: AED 9,000,000 (Net to owner)
-For more information please call Ashraf +97150 3409619

Note for the Investor (buyer): This community is a settled community which is inside the DIP and there is always a lot of demand for the flats in this area as it targets to Middle to Upper Income bracket households. In addition, it is at a close proximity to the EXPO 2020 site and therefore rents are expected to gradually go upwards in the coming months and years. Another plus point about this specific property is that it is almost brand new as other buildings within the Ewan community are as old as 2006, so there is a lot of maintenance work in those buildings. Hence, it is much easier to rent out apartments in this building.

Nexus Elite Real Estate
The mission of Nexus Elite Real Estate Brokers is to provide the most elite service for each of their individual clients and customers.

For more information and viewing, please contact:
Nexus Elite Real Estate Brokers
Tel: +971 4 3618084
www.nelitedubai.com