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Overview
Jumairah Oasis One:
The project is 100% freehold
The project is located in
Jumeirah Village South; plot number JVC 14 TMRM 004
This development is the first boutique hotel to gain approval from the master developer. It will offer the residential community a place to meet and enjoy the restaurants,shops and
five star facilities that this luxury Hotel has to offer.Beautifuly designed inside and out
Jumeirah Oasis is a fantastic investment opportunity.
Dubai Sport City , where the Titans of world sport will battle for glory. A place you will call home and catch major international events and venues built to the latest state of the art specifications. Classic standard golf courses, designed by golf's international ambassador, Ernie Els. World famous sport academies such as Manchester United Football and David Lloyd Tennis academies have made
Dubai Sport City their home in the region.
The building is G+10 of which the floors are made up as follows;
o Floors 1 to 4 are fully furnished hotel apartments
o Floors 5 to 10 are fully furnished boutique hotel suites
o All include full 5* facilities
o Each floor consists of 28 units
o The total built up area/floor from floors 1 to 8 is 20,747 sq.ft (info on floors 9 & 10 to follow)
Car parking
Car parking is not included but can be purchased at AED 50,000 Construction
Expected completion date is last quarter 2010
Payment terms Payment schedule on individual units and full floors is as follows;
• 10% on booking
• 15% after 3 months
• 15% after 3 months
• 20% after 3 months
• 15% after 3 months
• 15% after 3 months
• 10% on completion
Reservation fee will be AED 10,000. This will hold the unit for seven days by which time the balance of 10% should be paid.
Rental options
• Option 1:
10% rental guarantee on purchase price for 10 years • Option 2: 50/50% split of occupancy revenue returns after service and maintenance charges are deducted. ( not guaranteed)
Legal & regulations
• Escrow account details to follow shortly
• The Issuing of contracts will commence following receipt of third payment.
• Two names can go on the contracts.
• Individual buyers must pay the 2% transfer fee.
• The first transfer fee will be free to bulk buyers.
• Individual buyers can sell their unit upon receipt of two payments.
• Bulk buyers can sell after making one payment.
• Visa’s can be facilitated
