Miraclz Tower - Arjan - Dubailand  

Miraclz Tower by Danube Properties is a G+33 storey residential building in Arjan, close to Dubai Miracle Garden. The project will feature fully furnished, high-end studio, 1 and 2 bedroom apartments. As of March 2017, the project is over 97% sold out.

Master Community: Arjan
Property Types Available: Apartments
Location: Mohammad Bin Zayed Road, Umm Suqeim Road
Status: Under Construction
Year Launched: 2016
Estimated Completion Date: July 2019
Developer: Danube Properties
Title Type: Freehold
Quality Classification: High-end
Height Classification: High-rise
Life Cycle: Under Contruction
Under-Construction Apartments: 480
Floors: 33

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Miraclz Tower

Investment Score

Value for Money
90%
Project Uniqueness
80%
Location & Connectivity
75%
Rental Yield Expectation
90%
Capital Growth Expectation
50%
More information on investment scores

Total Score

Synopsis

Sale Status: Nearly sold out. Rapid sales progess

Payment Plan: Very investor friendly

Ideal for: End-Users & Investors

Price Range: AED 1,000 PSF - AED 1,270 PSF

Unit Types Available: Studio Apartment, 1 Bedroom Apartment, 2 Bedroom Apartment

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What Our Experts Think

Danube Properties launched Miraclz in early November 2016. Miraclz is located in Arjan, minutes away from the Mall of the Emirates and close to mature communities like Arabian Ranches and Dubai Motor City.

Miraclz is located on a prime plot close to the Dubai Miracle Garden, one of Dubai's more unique tourist attractions.

All units are fully furnished and offer one of the best investment feasibilities for end-uses and investors. Pay 10% down, 10% after 60 days, 5% after another 60 days and then 1% a month for 75 months. Your apartment is delivered in 30 months; which essentially means that rental income can pay off up to 45% of the total property cost on average.

As of March 2017, the building is 97% sold out with only 17 two bedroom units available for sale at prices ranging from AED 1,150,000 - 1,250,000.

Studio and 1 bedrooms can be purchased from the secondary market.

Miraclz Tower - fully furnished studio, one and two beds for sale. Pay just 1% a month.

To learn more or to purchase a unit, please contact +971-50-7086765

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About Miraclz Tower

Summary

- 6th project by Danube Properties; Danube is a major conglomerate with a major construction-material & furniture business. They entered real estate development in 2014 and are considered one of the major success stories in the Dubai property market over the past couple of years.

- Miraclz is a high-rise; offering fully furnished studio, one and two bedroom units.

- The project is very close to Dubai Miracle Garden and half the units on each floor have views overlooking this tourist attraction.

- The developer continues to offer their innovative payment-plan with 10% down, 15% after 60 days and then 1% a month for 75 months.

FAQs to purchase

Why is this a good buy?

A few reasons we highly recommend this project:

- Credible developer; major conglomerate in GCC. Rapid construction on already launched projects.

- Arjan has great potential; it has a much better location than many up and coming areas in Dubai.

- Show apartment with exact specifications and furniture available to view by appointment

- Excellent payment-plan which delivers strong ROI.

What is the exact payment-plan:

If you reside in Dubai, you have to pay 10% down-payment and then 15% within 60 days.

From the following month you will have to pay 1% a month for 75 months. However, the building will be ready between months 33 - 36; so approximately 45% of the total price is payable after you get your apartment.

For overseas clients, it is a 15% down and 10% after 60 days followed by 1% a month.

Are there any additional fees payable?

There is a 4% Oqood (Land Department registration fee) payable at the time of booking. As you are purchasing directly from the developer there are no transfer fees or agency fees payable.

To learn more about purchasing in Miraclz, and have more of your questions answered, please contact +971-50-7086765

Property Types and Price Ranges

- All units fully furnished to a very high standard

- All floors made up of 10 studios, 4 one bedrooms and 2 two bedroom units.

- Larger range in prices which is determined by view and floor-height.

- There are two types of studios with sizes ranging from 390 - 403 sq. ft. Prices will range from AED 440,000 - 520,000

- One type of one bedroom with standard size of 759 sq. ft. These units unique convert to a 2 bedroom by night. Prices range from AED790,000 - 900,000

- One type of two bedroom with standard size of 1184 sq. ft. Range from AED 1,175,000 - 1,275,000.

Dubai Land Classification & Escrow Account Details:

Land Number: 113

Project Number: 1819

Real Estate Developer: DANUBE PROPERTIES DEVELOPMENT L.L.C

Trust Account Number: 27568677

Account Trustee Name: ABU DHABI ISLAMIC BANK

Positives of Miraclz Tower

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