Land for sale in Palm Jumeirah, Dubai

Sale Price: AED89,000,000

Palm Jumeirah, Dubai

Land

-- Bed(s)

-- Bath(s)

Available

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Street Address

Palm Jumeirah, Dubai

Property description

Description:

Development: Palm Jumeirah
Dubai, U.A.E.
Project Name: The Crescent - Palm Jumeirah
Type: Hotel / Residential Use
G+7 Floors
Built up area: 112,757 sq. ft.
Plot Area: 56,378 sq. ft.

This Crescent plot is located straight after the Atlantis Hotel, and before the Waldorf Astoria hotel with G+7 stories permission its the perfect ideal investment for a luxury hotel on the iconic Palm Jumeirah, Dubai, U.A.E. with full beach access with palm and dubai marina view.

the current owner has paid up to date to Nakheel (the Master Developer) and here below the balance payment plan.

next installments: 3 more installments to be paid to Nakheel.

5,913,005 AED - Due date on 20/09/2015
5,913,005 AED - Due date on 20/12/2015
5,906,355 AED - Due date on 20/03/2016

Asking price: 95,000,000/- AED Net to the owner - 842.5 AED

Transfer fee: 4% from the selling price to Dubai Land Department

Commission fee: 2% from the net selling price to Ocean View Real Estate