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Property for sale information

 
The Waves By DAMAC PROPERTIES  
Price: €
Mortgage & ROI calculators »
Type: Apartment
Country: United Arab Emirates
Dubai Marina
Dubai


Reference nr: DD482281
Description:

The Waves – Listen to the lullaby of the ocean!

The developer stock of properties within the Waves is sold out. But properties are available for rent, lease and bulk purchases. All apartments are freehold and ready for immediate occupation.

With 1, 2, 3 & 4 bedroom apartments, designed with customized features to meet every requirement the Waves is a gateway to an entirely new lifestyle. One of the earliest freehold projects to be launched in Dubai Marina, the project covers 600,000 square feet and is close to Dubai Internet & Media Cities and the Sheikh Zayed Road.

Current selling price (Resale)
1 Bedroom AED 1,400,000
2 Bedroom AED 1,668,888
3 Bedroom AED 2,295,000
Current rent price
Studio AED 95,000
1 Bedroom AED 115,000
2 Bedroom AED 110,000


** source Gulf News and property magazines in UAE

Our property experts will assist you in your quest to either buy, sell or invest.

Bedrooms: Bathrooms: Price (€):
2 2
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

 

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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