Park Inn by Radisson - Jumeirah Village Triangle  

Park Inn Residences by Radisson is a high-rise building under-construction in Jumeirah Village Triangle. This project will feature 261 studio, one and two bedroom apartments. As of October 2016, units in the building are currently available for sale on a payment-plan which is 60% payable during the construction phase and 40% payable over 2 years after handover.

Master Community: Jumeirah Village Triangle
Property Types Available: Apartments, Hotel Serviced Apartments
Location: Al Khail Road
Status: Under Construction
Year Launched: 2015
Estimated Completion Date: December 2019
Developer: Aqua Real Estate Development LLC
Title Type: Freehold
Quality Classification: 4 Star Hotel
Height Classification: High-rise
Life Cycle: Under Construction
Under-Construction Apartments: 260
Floors: 29

Lookup.ae reports prices and transactional information for Jumeirah Village Triangle

About Park Inn by Radisson

General Guide

- Park Inn Residences by Radisson is a high-rise building under-construction in Jumeirah Village Triangle.

- This project will feature 261 studio, one and two bedroom apartments.

- As of October 2016, units in the building are currently available for sale on a payment-plan which is 60% payable during the construction phase and 40% payable over 2 years after handover.

- Owner has the option to opt into the rental managment scheme, where by the hotel managment team takes care of letting and managment of the apartment. Under this scheme, an 8% guaranteed return is offered.

Unit Sizes

- Studio suites range from 587.12 to 675.56 sq. ft.

- 1 Bedroom suites range from 893.35 to 955.69 sq. ft.

- 2 Bedroom suites are 1315.87 sq. ft.

Unit Prices

- Studio suites starting from 697,768.20 AED

- 1 Bedroom suites starting from 1,036,409.00 AED

- 2 Bedroom suites starting from 1,447,457.00 AED

Payment Plan:

PercentageMilestone
20%At the time of booking
10%Ground Floor Slab
10%5th Floor Slab
10%15th Floor Slab
10%25th Floor Slab
5%On Completion
35%Post Handover (Quarterly Instalments of 5%)

Project Completion Status (as per DLD): 8.72% (as of Feb 12, 2018)

Dubai Land Classification & Escrow Account Details:

Land Number: 1187

Project Number: 1592

Real Estate Developer: Aqua Real Estate Development

Trust Account Number: 00110574100029

Account Trustee Name: NOOR BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Amenities of Park Inn by Radisson

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