Elite 8 was launched in May 2014. It is the 8th Elite Sports Residence building to be launched in the Dubai Sports City (buildings 1 - 6 are already completed).
Elite buildings (as of Q2 2014) generally have higher selling prices and demand due to perceived better quality of construction and facilities.
Elite 8's launch prices range from AED 530,000 - 1.3 million (May 2014). Unit types available are studios, 1 and 2 bedroom units. Price psf ranges from AED 800 - 1060 psf (studios have higher prices psf).
10% after the completion of the ground floor.
10% on completion of 5th floor
10% on completion of the 10th floor
10% on completion of the 15th floor
10% on completion of the super structure
10% upon the project being 80% completed (as per engineering report)
10% upon building completion
Dubai Land Classification & Escrow Account Details:
Land Number: 1280
Project Number: 1401
RERA Permit No:: 11045
Brokerage Firm: Taktical Realty Group LLC