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New project focuses on sustainability, education

05.10.2014
New project focuses on sustainability, education
The Mohammed Bin Rashid Al Maktoum Foundation (MBRF) has partnered with developer Nshama to work on a project that emphasises sustainability and culture. The Mohammed Bin Rashid Al Maktoum Foundation (MBRF) has signed a joint venture agreement with developer Nshama to create a Dubai mixed-use project that focuses on sustainability, culture and education, Arabian Business has reported.
The project will have a central location in Dubai and will leverage green building techniques and have extensive sustainability features
According to Jamal Bin Huwaireb, managing director of MBRF, "MBRF has been actively involved in promoting various cultural initiatives in the city and elevating the status of Dubai as a centre of arts, thus attracting creative minds from around the world. As Dubai prepares to host the World Expo 2020, we believe that it is important to create vibrant destinations that add to the city's overall infrastructure."
"The joint venture project with Nshama is aimed at establishing lifestyle destinations of the future with a focus on sustainability and culture."
"The neighbourhood will also serve as smart, networked, and interconnected community, which will leverage highly energy and water efficient technologies. Nshama will design and develop the joint venture project that will serve as homes, business centres and cultural destinations."
Latest Availability
RENT
125,000 / year
Ref.No: OF1209
Office
1,655 ft2
76 AED/ft2
RENT
58,500 / year
Ref.No: OF662
Office
1,300 ft2
45 AED/ft2
SALE
6,800,000
Ref.No: AP1113
3BR Apt
3,003 ft2
2,264 AED/ft2
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1 hour

Contract of the lessee and agency.

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Ad placement:
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1 hour

Contract of the lessee and agency.
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Signing of the lease agreement

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-5% agency commission of the annual contract price

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1 hour

Contract of the tenant and agency.
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~ 2 weeks secondary

~ 3 weeks new building

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Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
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Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
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1 hour

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1 year

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Reporting
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1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
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