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Property for sale information

 
Berkley Lofts - SOLD OUT  
Reference nr: UP719869
Description:

Dubai or not to Buy!!

Live with the locals, this ensures a year round rental return, Jumeirah Village South beside Dubai land.

Live in the Hottest Property Spot for only 78.000

Why Choose Dubai?

If you want to get ahead in business - or in life - then you need to keep one pace ahead of the crowd, have a keen sense of opportunity and an intuitive perception of when - and how - to move forward.


Already famous tax free living, year round sunshine and soft white beaches, Dubai is also fast becoming a primary world economy.

We believe that now is the time to lead the crowd into the wonderful new world of glamorous hotels, exclusive leisure facilities and mouth watering restaurants.

A place with breath taking architecture which exudes affluence, where the shopping malls overflow with sumptuous goods and where a plethora of luxurious spas, are on hand to comfort and soothe away the worlds cares.

At night the bars and clubs are buzzing and during the day, business and industry are thriving.

This is the land where dreams are to be made and fortunes found.

The city bulging with potential investment opportunities - and we have hand picked some of the most lucrative ventures available.

Whether you live and work in Dubai or are looking for a haven to escape to, Berkly Lofts offer a new kind of modern living. Its environment is one that is contemporary in design and cosmopolitan in lifestyle.

Berkly Lofts are more than just Dubai apartments, they are modern environments designed with modern living in mind.

Arranged over two stunning towers, each with 29 floors, these sleek modern apartments offer a new kind of living.
are a place to entertain and be entertained.

Without leaving the towers you can dine at the fabulous restaurants and cafes, work out in the world class gym or soak up the afternoon sun by the lavish pool.
Located in one of the world's fastest growing metropolitan cities.

It is well known that Dubai is one of the fastest growing and arguably the most exciting metropolitan city on the globe today.

Whether it be business, tourism or leisure - the world sees it as the place to be.

Berkly Lofts are located in the exciting new development of Jumeirah Village South. Just moments from the city centre, it is a myriad of business towers, residential towers, shopping centres, restaurants and cafes.

Prices
Studio Type A from
€70.000
Studio Type B from
€78.000

Revenue Highlights
Target IRR 21% per annum
Historic Dubai Index 25% per annum

Tenure
Freehold

Community
- Schools
- Kindergarten/Nursery
- Community Centre
- Central Park
- Oasis Promenades
Life Essentials

- Medical Clinics
- Community Retail
- Cafes and Restaurant
Recreation
- Jogging Trail
- Cycling Trails
- Swimming Pools
- Football Pitch
-

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 78,000
Features:
Beach
City
Golf
Ski
Spa
Submission Date:
04-17-2007
Last Update:
03-21-2008
Advertiser Details:


Name:
Utopia Property Investments

Company:
Independent Property Advisors

Phone:
000000000000
Fax:

Mobile:

 
Property Photo Gallery

 

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City View

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Calculators

 
Property price: €78,000
 

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