Imperial Avenue is Shapoorji Pallonji's first project as a developer in Dubai. With a total of 424 units, the 46-storey tower will have 1, 2, 3, 4 & 5 bedroom units, as well as 3, 4, & 5 bedroom podium villas. There will be 21,000 sqft. of retail space available and a 10,000 sqft. lobby. The tower will have 13 high speed elevators. Additional features of this building also include a landscaped walking area on the podium level, two infinity pools, outdoor and indoor kids play areas, theatre and party hall, and a squash court.
The project is located right behind the Vida Hotel in Downtown Dubai and is a G+M+4 Podium+40 residential floor building. The service charges are expected to be between AED 19 - 19.5 psf.
Prices start from AED 1,470,000. Handover is expected in Q4 2019.
Payment Plan:
10% Booking
10% On signing of SPA (within 90 days of booking)
10% 4 installments every 6 months (from signing of SPA)
40% Upon Completion
Unit Sizes:
1 Bed ranges from 825 sqft - 950 sqft
1 Bed + Study ranges from 975 sqft - 1100 sqft
2 Bed ranges from 1350 sqft - 1750 sqft
2 Bed + Study ranges from 1750 sqft - 2200 sqft
3 Bed ranges from 3065 sqft - 5100 sqft
4 Bed Units ranges from 5500 sqft - 5800 sqft
3 Bed podium villa is 3710 sqft
4 Bed podium villa is 4170 sqft
5 Bed podium villa is 5935 sqft
Project Completion Status (as per DLD): 10.04% (as of May 18, 2017)
Dubai Land Classification & Escrow Account Details:
Land Number: 466
Project Number: 1811
Real Estate Developer: Shapoorji Palonji
Trust Account Number: 104-99705159001
Account Trustee Name: ADCB
RERA Permit No:: 11045
Brokerage Firm: Taktical Realty Group LLC