UAE | Russia | Germany | USA | Australia | China | HK
Logo
  • Order call
  • Call management

Property type
No. of bedrooms
Area
Show offers

Emaar launches hi-rise in Opera district

25.05.2015
Emaar launches hi-rise in Opera district
The slowdown in transactional activity is not deterring developers like Emaar from grand launches in the Downtown area. The slowdown in transaction volumes in Dubai’s property market is not putting brakes on new project launches. Emaar Properties, Dubai’s largest property developer, is set to launch its second twin-tower project in Downtown - Opera District on May 30, real estate agents told 'Emirates24|7'. “This is the second project in the Opera District. We are told that the launch of the first tower will take place simultaneously in Dubai, Abu Dhabi and London,” the agent said on conditions of anonymity. In 2014, the developer had launched Opera Grand, the first residential tower in the Opera District. The 66-storey tower houses over 200 apartments. Designed by Japanese architects Nikken Sekkei, Forte comprises two towers, one 70 storeys and the other 50 storeys and will have one, two and three bedroom units, ranging from 650 to 1800 square feet in size. Though the developer has not disclosed the launch prices, market listings for Opera Grand currently are between AED2,500 and AED2,800 per square feet.
Latest Availability
Latest property news
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required
Request a call back
SOGA1  SOGA2
Call management
SOGA1  SOGA2
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