Dubai
Lagoon
Dubai Investment Park
Behind Dubailand, Close Emirates Road
What Is Dubai Lagoon?
Dubai Lagoon
is set in charming, tranquil, and luxurious
surroundings. The development is on 1.75 million
ft² of land and has low rise buildings
consisting of studios, 1, 2 & 3 bedroom
& penthouse apartments.
Seventy six percent of the land is dedicated
to landscaping, water, community facilities,
and roads with a lagoon, waterfalls, fountains
and pools serving as the main features. A
state of the art gym has a purpose built exercise
studio, sauna, Jacuzzi, steam room and tennis
& squash courts, plus an exclusive tenants
health club facility.
The commercial center consists of a mosque,
supermarket, laundry and many other facilities
providing a comfortable & appealing environment
to residents. Its close proximity to Dubailand,
a new golf course, a school, and two five
star hotels will position this development
in the heart of new Dubai.
Where Is Dubai Lagoon?
Dubai Lagoon
is situated in Dubai Investments Park near
The Green Community with easy access to Sheikh
Zayed Road and the new Emirates Road.
Dubai Investments Park (DIP) is a modern,
environmentally friendly mixed-use residential,
recreational, business, and industrial development
located in Dubai, United Arab Emirates. DIP
is 3,200 hectares in size and is located in
close proximity to all the major attractions
of Dubai. It is approximately 3.5 km in width
and 9.7 km in length.
The Park is being developed, managed, and
operated by the Dubai Investments Park Development
Company LLC , a wholly owned subsidiary of
Dubai Investments, a joint public stock holding
company with a subscribed capital base of
US$ 350 million.
SPECIFICS
ABOUT DUBAI LAGOON?
• What Are The Facilities?
• District cooling state of the art
air conditioning
• Health club including sauna, steam
room & Jacuzzi
• Restaurants & cafes
• Large landscaped area
• 24 hour security
• Mosque
• Laundry
• Supermarket
• Swimming pools
• Tennis & squash courts
• Ample parking indoor & outdoor
Parking
Available?
Parking is available under every building
for 50,000 AED.
What Are The Service Charges?
The estimated service charge is AED 10 per
square foot for the first 2 years.
Price
Range
|
|
|
|
|
|
| Type |
Size (sq.ft.) |
From ( AED) |
To (AED) |
From (£) |
To (£) |
| Studio |
428 |
490,191 |
738,159 |
68,082 |
|
| 1
Bedroom |
840 |
552,422 |
1,361,373 |
76,725 |
|
| 2
Bedroom |
1,450 |
915,278 |
1,819,433 |
11435
|
|
| 3
Bedroom |
1,850
|
1,666,747 |
3,353,195 |
127,21 |
|
| Penthouse |
3,400 |
2,865,583 |
3,228,367 |
397,977 |
|
Price
Range –conversion rate for the pounds
7.2
Completion
Date
Completion
of the project is estimated to be late 2008,
and a special compensation plan is incorporated
for unacceptable delays
Payment
Schedule - Plan
for paying over 7 years:
| Deposit/1st
Installment |
15% |
x/x/2007 |
| 2nd Installment |
5% |
1st October
2007 |
| 3rd Installment |
5% |
1st January
2008 |
| 4th Installment |
10% |
1st April
2008 |
| 5th Installment |
5% |
1st July
2008 |
| 6th Installment |
5% |
1st October
2008 |
| 7th Installment |
15% |
1st December
2008 |
| After
Completion |
40% |
Payable
by 20 quarterly installments after completion
over 5 years |
Quarterly
Starting from Possession 2% per payment Payable
quarterly in advance
Normal
Payment Plan
| Payable by 20 quarterly
installments after completion over 5 years |
15% |
x/x/2007 |
| 2nd Installment |
10% |
1stNovember
2007 |
| 3rd Installment |
15% |
1st March 2008 |
| 4th Installment |
10% |
1st July
2008 |
| 5th Installment |
15% |
1st November
2008 |
| 6th Installment |
10% |
1st March
2009 |
| 7th Installment |
25% |
1st July
2009 |
|
