Property description

DIP (NEW Building) Handed over in 2014
Ewan Residence
Full Building
Plot size10,825 sqft
Bua 17,000 sqft
10 units of 2 Bedroom
2 units of 1 Bedroom
Rental AED 839,000 per annum
Service Charges AED 82,000 per annum
Fix Rent till 2019

90 years Lease

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.



Facilities and Amenities Children's play area (indoor)
Swimming pool
Fittings and Fixtures Built in wardrobes
Ceramic tiles
Light fittings
Unfurnished


Additional Information -

Security Deposit for Emicool will be for Two Bedroom AED2K --Security deposit to be paid by Tenant to Emicool

DLD Transfer Fee 4% --should be paid by the buyer;

AED15K should be paid to Developer as admin Fee --should be paid by the buyer;

Five year PDCs should be pay as Land Rent AED38K per year--should be paid by the buyer;

Five year PDCs should be pay as Service Charge AED80K per year--should be paid by the buyer for the landscaping and maintenance outside the building

AED5K should be pay to Developer as NOC/Admin Fee--should be paid by the buyer;

Maintenance of the building Can give contract to the developer or a maintenance company--to be paid by Buyer or the tenant- Buyers discretion.

Call Kamran Ali 31912 on +971 551060746 / 04-3994603 or visit www.splendourhomes.ae for further details

Company name: Splendour Homes Real Estate Brokers
RERA ORN: 15285
Address: Office 501, Barsha Business Square, Al Barsha, P O box 392590, Dubai
Office phone no: 04-3994603
Office fax no: 04-3994921
Primary email: info@splendourhomes.ae
Website: www.splendourhomes.ae
Company Profile: We are a registered company with Dubai Economic Department under commercial license no. 711522. Splendour Homes Real Estate Brokers is also registered with Dubai Land Department - Real Estate Regulatory Agency (RERA) No. 15285.