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Project aims to raise AED2m rent for charity

23.03.2015
Project aims to raise AED2m rent for charity
The Emaar Foundation worked with Awqaf and Minors Affairs Foundation (Amaf) to build the AED25 million, 42-apartment building in Al Warqa.

Al Noor Special Needs Centre is set to be given AED2 million a year in rent collected from the eight-storey Beit Al Noor Endowment residential building, The National reported.

The Emaar Foundation worked with Awqaf and Minors Affairs Foundation (Amaf) to build the AED25 million, 42-apartment building in Al Warqa. The annual rental income will go towards funding the centre and its training programmes for people with special needs.

The building will feature a rooftop landscaped deck, adult and children’s swimming pools, health club, two levels of basement parking and several retail stores and food and beverage outlets on the ground level.

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1 hour

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Signing of the lease agreement
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1 hour

Contract of the tenant and agency.
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~ 3 weeks new building

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Registration of the contract of purchase / sale
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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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