Mar 05 2017
Hayat is the second phase of NSHAMA Town Square townhouses and is scheduled for completion in December 2017 (although there might be some slight delays).
There are two types of four bedroom townhouses in this community - a Type 7 and Type 8.
There is a great buying opportunity at the moment for a Type 8 townhouse which has a built up area of 2,357 sq. ft. The unit has a selling price of AED 1,690,000 + closing costs. The property has a total all inclusive price of AED 1,791,400 including transfer fees, agency fees, NOC charges and Oqood reimbursement.
The townhouse is 55% paid and the remaining payment-plan is:
15% when construction is 60% done; 15% when construction is 80% done; 10% when construction is 90% done and 5% on completion
This is an investment which almost all but guarantees capital growth of 15 - 20% within a 12 - 16 month period. Just to put the price point in perspective: the cheapest 3 bedroom townhouse in the newly handed over Mira community by Emaar (across the road) start from AED 1.8 million onwards. This 4 bedroom townhouse has a price per sq. ft. of AED 720 while the current transaction prices in Mira are about AED 850 - 900 per sq. ft.
If you are intersted in to learn more about this property please contact Kashif Ali at +971.50.708.6765 or Gibran Y. Bham at +971.56.408.7616