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Property for sale information

 
Royal Park Residence  
Reference nr: CO697304
Description:

Royal Park Residence

Excellent location - Freehold - Residence Visa - Limited Availabilty - Ideal Investment Property - Projected ROI of 100% in 12 months - Contact us to find out more

Royale Park Residence is a low-level building where you can enjoy a haven of peace and calm with a host of amenities on your doorstep. A home that is sophisticated yet elegant in design that will meet your every need, with beautiful landscaped gardens and lawns.

About the area

Jumeirah Village is the idyllic setting where the very best of Dubai is to be found.

Set among luscious landscaped gardens, water features and public areas, the villas, townhouses and apartments of Jumeirah Village South offer a haven of peace and tranquillity, together with a real sense of community living.

Many of the public amenities found in Jumeirah Village South include schools, country clubs, swimming pools, sports facilities, mosques, and a range of shops and retail outlets. These are strategically clustered in the green spaces to create accessible gathering points.

Location

*Adjacent to Al Khail Road with easy access to Emirates Road and Al Barsha Road.

*15 minutes to Ibn Battuta Mall, Dubai Marina and Dubai World Central (new airport).

*30 minutes to Mall of the Emirates and Business Bay.

*Close to Dubai Media City, Dubai Internet City and Jebel Ali Free Zone.

Key Features

*Low level G +4 residential building.

*229 units with balconies ranging from studios to 1 & 2 bedrooms apartments.

*Swimming pool, children’s play area, sauna, jacuzzi, gym, shops, car parking, 24-hour security.

Ownership & Financing

* Freehold Ownership

*Completion Date: December 2009

*Jumeirah Village South is master developed by Nakheel, and as such, finance should be available for individual projects in the future.

Prices

* Studio Apartments from 537,700 AED

* 1 Bedroom Apartments from 1,035,500 AED

Visit our website www.mpsglobal.com

Bedrooms: Bathrooms: Price (€):
0 (studio) 93,793
0 (studio) 180,626
Features:
City
Submission Date:
07-29-2008
Advertiser Details:


Name:
Chris O'Driscoll

Company:
MPS Global

Phone:
00353 14911422
Fax:

Mobile:

 
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Calculators

 
Property price: €93,793
 

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