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Unique apartments offer in Dubai Marina

02.07.2015
Unique apartments offer in Dubai Marina
Apartments in Sulafa Tower put on sale in Dubai with no interest rate.

Dubai Marina continues to consistently top the different ratings of Dubai’s real estate popularity among potential buyers and tenants. The more attractive is the offer made by one of the local agencies, which has put on sale apartments in this community, offering a favorable plan of installments for seven years with no interest rate, Zawya has revealed.

As predicted by many analysts at the real estate market, over time, interesting offers in terms of sales and rent conditions began to emerge at the Dubai’s property market. Apartments sales in Sulafa Tower priced as low as US $ 585,500 for the home or US $ 4617 per square meter became one of the first such offers.

The most interesting thing about it is that the apartments are offered ready-made and fully furnished, and the seven years installments plan does not imply any interest rate. Thus, the rental income from such apartment’s lease (and you can start leasing the apartment immediately after the purchase) can be up to 50% for the next three years. Such income is possible, based on the calculation that the average cost of renting two-bedroom apartments in the area amounts to at least US $ 38,000 per year.

The marketer of the apartments at Sulafa Tower said: "This unique program has attracted all segments of investors and end-buyers looking for the best long-term investment opportunities in Dubai's property market with spectacular advantages in terms of payment plan, annual returns and capital appreciation on ready properties".

Sulafa Tower is conveniently located in the heart of Dubai Marina, within walking distance of major shopping centers such as the Mall of the Emirates, Dubai Mall and Ibn Battuta Mall, as well as major business centers such as Dubai Media City and Dubai Internet City. In addition, the apartments will boast stunning views of the Dubai Channel after its construction will be finished, and the building itself has all the modern amenities for the residents, such as swimming pool, a gym and a spacious parking, etc.

Other properties in the prosperous district of Dubai Marina and many other areas of Dubai you can always find at IMEX Real Estate website.

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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Lease process (Rent out)
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:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
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
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management