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Property for sale information

 
Capital Bay in Business Bay  
Reference nr: DD355909
Description:

A thoughtfully designed and stress-free work environment is vital for creative exuberance and excellence. And Capital Bay, with its two commercial towers at Business Bay, Dubai aims to provide investors exactly that. Straddling the wide waterway in the most exclusive corporate commune in Dubai, this freehold enterprise is home to some of the finest office space in Dubai; the properties are strictly for the ‘best in the game’; those who revel being in the thick of the action.

Capital Bay at Business Bay, Dubai is endowed with innovative state-of-the-art fixtures and is a self-contained development that effectively heightens the pleasures of working. Its interiors have been designed to rejuvenate and energize; to pump that extra vigour and vitality into the workforce; in addition, they can be remodelled and refurbished to suit individual requirements. Taking into account the infinite scope and potential of Business Bay, the properties at this office project are perfect investment pads, both short-term and long-term.

Offering unobstructed views of Dubai and innovative state-of-the-art facilities, the purely freehold Capital Bay is just a stone’s throw from some of the leading retail establishments - top notch fashion boutiques, exotic restaurants and fitness facilities – in Dubai. Overall, this commercial development upholds a work culture that’s both revitalizing and work-oriented, thereby enabling employees reap rich dividends.

· Twin 19-storey towers
· Beautiful & serene landscape
· 2-level parking – 2 podiums & 2 basements
· Covered walkway
· Swipe access
· Hi-speed internet
· Business lounge
· Reception desk
· 24-hour security & surveillance cameras
· Retail space on ground floor
· Shopping arcade
· Gymnasium & aerobics room
· Male/female health club & café


Payment Terms

Deposit 10% On signing the reservation form
1st 10% Within 30 days of reservation
2nd 10% Within 120 days of reservation
3rd 10% Within 180 days of 2nd instalment
Due date or completion of Piling,
Whichever is earlier.
4th 10% On completion of Podium Structure
5th 10% On completion of 5th floor Structure
6th 10% On completion of 10th floor Structure
7th 10% On completion of 15th floor Structure
Completion 20% On completion date

Bedrooms: Bathrooms: Price (€):
0 (studio) 1
Features:
Submission Date:
11-17-2007
Last Update:
03-21-2008
Advertiser Details:


Name:
Damac Properties

Company:
Damac Properties

Phone:
00353 1 6319107
Fax:
00353 1 6319434
Mobile:
00353 86 0304679

 
Property Photo Gallery

 

Capital Bay

Capital Bay

Capital Bay

Capital Bay

property photo
 
Calculators

 
Property price: €
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations