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Sphere Gardens - Centrally located, pre-let units with 3 year rental guarantee [ SOLD ]

 Region: Dubailand

 Price: EUR € 65 052

 Bedrooms: 0

 Property Type: Apartment

 Development State: Off Plan

 
Description:
Location : International City Phase III, Dubai
Type : Studios and 1 bed apartments
Units : Two blocks of 107 units each
Category : Turn-key apartments/central location
Size : Studio from 31m2 - 64m2
Price : From AED295,485 (£42,000)*

- Close to Business Bay and Dubailand
- Turn-key units with immediate rental potential
- All apartments feature high quality fixtures and fittings
- Only two minute drive from main section of
International City
- Rental guarantee of 8% net p.a. for 3 years
- Units pre-rented to business people for 3 years
after completion


Pre-rented apartments in central location
Underground parking available
Fully-furnished, air-conditioned, turn-key apartments intended for immediate rental

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

Sphere Gardens is situated in the western part of International City Phase III, a large, residential complex which is an eight minute drive from the airport. Dubailand is nearby, while Business Bay, the exciting new development that extends along Dubai Creek from Ras Al Khor to Sheikh Zayed Road, will be a short journey away via the new, vastly improved, public transport system. Sphere Gardens is also close to the white sandy beaches and warm blue waters of the Arabian Gulf.

Units feature 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, from towels and bed-linen to pots, pans and cutlery. Each apartment is finished to the highest quality and most have private balconies.

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. The apartments 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, Sphere Gardens is scheduled for completion in January 2008.

Payment Terms
Non-refundable reservation deposit of GBP2,000 must be paid
30% payable on signing contract
70% payable on completion

Prices quoted are approximate and may change according to currency fluctuations.