Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
The Palisades, Dubai  
Reference nr: CO211776
Description:

The Palisades

Studio Apartments - Limited Availability - 950 AED / Sq Ft (Up to 1,100+ / Sq Ft being charged elsewhere) - Beside Dubai's new World Central Airport - Residence VISA

Location

Dubai Investment Park is a modern, friendly environment of mixed-use residential, commercial and recreational development park located at the southern area of Dubai close to Jebel Ali Free Zone and Port. The park covers an area of 3,200 hectares in total size, about 10 km in length and the actual site area equates to more than half the land area of Dubai Marina.

The park is aimed to integrate a new township whereby people can live, work, and recreate in one location which will include such facilities as a shopping mall, schools, a hospital and hotel to mention but a few.

Description

The Palisades will be Dubai’s largest area of urban landscaped parkland and will be home to a population of more than 55,000. The complex will comprise eclectic property styles inspired by the Georgian, Regency, and Victorian eras. A central park will be at the heart of the complex and more than 35 per cent of the entire area will be landscaped, inspired from a collective of iconic gardens and landscape forms from around the world. The visionary and key collaborator on the project is Sheikh Issa bin Zayed Al Nahyan, founder of Pearl Properties, a company he established to develop highly innovative and visionary projects in the UAE.


Location

* 10 kilometres inland from Dubai Marina
* 10 minutes from Jebel Ali Free-zone and other international work areas
* Adjacent to the new airport - Dubai World Central, Mall of the Emirates and Ibn Batutta Mall and Jumeriah Golf Estates.

Key Features

* Luxurious fittings including Marble flooring throughout
* Spacious apartments within low-level buildings
* Ample private and visitor parking
* Full back-up power system
* 24 hour security
* Gymnasium
* Swimming Pool

Completion

* Completion Date: Quarter 4 2009

Apartment Sizes

* All these Studios are a spacious 599 sq ft

Prices

* Studio Apartments from 569,000 AED

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 98,000
Features:
City
Submission Date:
01-31-2008
Last Update:
07-29-2008
Advertiser Details:


Name:
Chris O'Driscoll

Company:
MPS Global

Phone:
00353 14911422
Fax:

Mobile:

 
Property Photo Gallery

 

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo

The Palisades

The Palisades

The Palisades
 
Calculators

 
Property price: €98,000
 

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