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2BR Townhouse Apartment with 50% 5 years post handover plan! (MBR City, Dubai)

AED 1,577,000
BUA1,186 ft2
Price per ft21,329 AED
Property typeApartment | Townhouse
AreaMohammed Bin Rashid City
DevelopmentMag Eye
ID (Ref.No)imex-432167
Bathrooms2
Unit modelTYPE 2B
Operated by HotelNO
DeveloperMAG
Secondary viewCommunity
2BR Townhouse Apartment with 50% post handover for 5 years!

IMEX Real Estate has a great offer for you — a 2 bedroom low-priced and quality premium Townhouse in one of the most wanted Dubai residential developments, the MAG EYE project at Mohammad Bin Rashid City – District 7!

The reliable and well-sustained developer MAG actually has a number of options you can choose from, starting from studio apartments at MAG EYE and including gorgeous 2 Bedroom Townhouse apartments at MEYDAN TOWNHOUSE Community we are now drawing your attention to.

UNIT’S POSITIVES:

Spacious 1186 sq.ft. townhouse

Convenient 5 Years Post Hand Over Payment Plan

Great community views

Size: 1,186 sq.ft.

Type: 2B

PAYMENT PLAN (50/50 during and post completion payments):

Down Payment — 5% on Date of Purchase (plus 4% registration fee +2% Fixed AED5000 fee)

1st Installment — 10% on 12 February 2019

3rd to 8th Installments — by 5% from 27 Jun 2019 to 2 may 2021

9th installment — 5% upon completion scheduled for on 14 Sept 2021

And then 10 more payments (50% of the unit’s price) spread for 5 years after handover!

ABOUT THE DEVELOPMENT

MAG EYE is a mixed use, residential community development project, located in Mohammed bin Rashid City – Meydan District 7.

Built in close proximity to Meydan Racecourse, with easy access to Al Khail and Sheikh Mohammad Bin Zayed Roads, MAG EYE is centrally located within a few minutes’ drive to major leisure and shopping destinations in Dubai.

FACILITIES AND AMENITIES:

  • Cycling track
  • Boulevard
  • Mosque
  • Park
  • Swimming pool and clubhouse
  • Nursery,
  • Retail space
  • Professionally landscaped surroundings
  • Children’s play area
  • Fountains and spacious internal courtyards
  • Private health clinics
  • Restaurants and cafes
  • 5-star hotels
  • Easy access to Al Khail road
  • Close proximity to Meydan racecourse
  • Walkable community

A selection of apartments and townhouses gives you a chance to choose from stuio apartments, one beds and townhouses exquisitely designed to harness the natural power of the wind and increase ventilation, naturally well-lit the premises and provide breathtaking views of Burj Khalifa and surroundings.

Facilities
  • 24 hour security
  • Available Networked
  • Public transport
  • Internet Access
  • Concierge facility
  • Convenience store
  • Eco friendly
  • Banks
  • Restaurants
  • Shopping centre
  • Satellite connection
Location
Related offers
AED 1,577,000
BUA1,186 ft2
Price per ft21,329 AED
Property typeApartment | Townhouse
AreaMohammed Bin Rashid City
DevelopmentMag Eye
ID (Ref.No)imex-432167
Bathrooms2
Unit modelTYPE 2B
Operated by HotelNO
DeveloperMAG
Secondary viewCommunity
Oleg Lavrik
Agent | BRN: 5201
Language: Russian
Office Tel: +971 4 3951911
Tel: +7 903 232 80 80
Tel: +971 50 2528188    
E-mail: oleg@imexre.com
Skype: resident69

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

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

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

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

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

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