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Location : International City Phase III, Dubai
Type : One bedroom apartments
Units : 80
Category : Turn-key apartments/central location
Size : From 56m2
Price : From GBP£62,000
- 8% net rental guarantee for 3 years
- Fully furnished units ready for immediate rental
- All apartments include underground parking space
- ONLY 30% down payment. Balance on completion
70% subject to status mortgage available
- All apartments feature high quality fixtures and fittings
- Units pre-rented to business people for 3 years
- after completion
- Freehold property with instant £2000 equity
8% net rental guarantee for 3 years
Underground parking included with all units
Fully furnished units ready for immediate rental on completion
The third phase of International City is located in the southwest area of Dubai. The site encompasses 731 hectares of undeveloped land and, when building is complete, will house many of the workers who will be employed in various businesses in the exciting new Business Bay area of the city and in Dubailand. Phase III is designed to provide a pleasant living environment, with plentiful green areas and landscaped pedestrian networks that will link the residential neighbourhoods to schools, shops and community facilities. The new internal public transport system will link the developments with the LTR network, which will link with Business Bay and Dubailand.
Dubailand is a $5 Billion development and when completed it will contain 45 mega projects and over 200 tourism, leisure and entertainment sub projects, making it the most ambitious tourist destination ever created, catering for every possible whim. There are six amazing worlds; Attractions & Experience World, Sports & Outdoor World, Eco-Tourism World, Retail & Entertainment World, Themed Leisure & Vacation World and Downtown World.
The Building
Park Lane Residence is situated in the western part of International City Phase III. Comprising one-bedroom apartments, Park Lane Residence’s features include fully-fitted kitchens, fully-fitted bathrooms and pre-installed air-conditioning. The units are designed to be turn-key packages, suitable for immediate rental and are consequently fully-furnished and equipped with every necessary item. Each apartment is finished to the highest quality.
These apartments have excellent investment potential, being centrally located and close to many of Dubai’s attractions. The units are primarily designed to provide housing for the millions of employees who will arrive in the city in the next few years to work in Dubailand and the designated business areas. They have an 8% (net) rental guaranteed and have been pre-rented for the first three years after completion.
The public areas of International City Phase III will include plentiful pedestrian walkways and green areas, linking the residential buildings to the public facilities. Underground parking will also be available to purchasers.
Constructed by a well respected and experienced developer, Park Lane Residence is scheduled for completion in January 2008.
Payment Terms
Non-refundable reservation deposit of GBP£2,000 must be paid
1st instalment: 30% payable on signing contract
Final instalment: 70% payable on completion
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