Очистить всё Search by map
Property type
No. of bedrooms
Area
Show offers

Park Villas project launched in Jumeirah Village Circle

10.09.2014
Park Investments announced its AED 270 million Park Villas project in Jumeirah Village Circle. The residential area will consist of 93 four-bedroom villas.

Park Investments announced on Wednesday the launch of its AED 270 million Park Villas project in Jumeirah Village Circle, reported by Emirates 24/7. The residential locale covering an entire area of over 365,000 square, will have 93 villas with each villa consisting of four bedrooms and separate lift for its three levels. The villas will be available in a number of sizes ranging from 3168 to 3322 square feet and also have the facility of a swimming pool.

The announcement of the project comes at the time when the Dubai property market is booming and favorable for investments. The government is also backing real estate projects through a variety of regulations for buyers and developers.

Parminder Singh Sehgal, Executive Chairman of Park Investments stated that he and his team feel this is the right time to enter the real estate market and are working towards providing residents of Dubai a high quality and affordable living.

The company is offering a deal, where investors/purchasers can opt for a payment scheme and pay 50% of the value till the project is completed and 50% once the handover takes place. This deal also allows for flexible interest free installments. The pre-launch price stated by Park Investments begins at AED 2.9 million. The project is already in its construction phase and is estimated to be finished by the first part of 2016.

Subscribe to our news

Latest Availability
Latest property news
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required

SOGA1 SOGA2
Request a call back

SOGA1 SOGA2
Call management

SOGA1 SOGA2
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