An investment is required to develop a few residential buildings in Dubai, location is directly on Sheikh Zayed Road opposite Jebel Ali Port. The total investment per building varies depends on the size of the building, one option is a G plus 8 floors with a built up area around 90,000 square feet, approximate calculations as follows:
- 16,000,000 Dirhams to acquire the plot (including plot price, transfer fee and commission to real estate broker)
- 23,625,000 Dirhams for contracting, administration and other fees
- 39,625,000 Dirhams Total investment (US$10,797,000)
- 50,000,000 Dirhams expected selling of units starting after 8 months of construction coming to approximately 26% ROI within 8 months only.
All payments are within an easy payment plan including purchase of the plot and construction linked payments with NO INTEREST.
Developers/ Investors can keep the ownership of the building itself and continue to earn on services provided to the residents against the annual service fees.
Other options include a G plus 18 floors with a built up area of 185,000 square feet with total investment at approximately 78,750,000 Dirhams (US$21.5 Million).
Note: Freehold properties in Dubai are the most sought after, especially it’s available for all nationalities and can liquidate very fast.
Further information: [email protected]
* Brokers, kindly if you don’t have a serious client with proof of funds don’t waste your time.