Wednesday 18 June 2008

ABU DHABI - AL REEM ISLAND - RT-4-C49a

HOT BUY
MASTER DEVELOPER-TAMOUH

DEVELOPER-TAMOUH
UNDER WRITER - SOLACE PROPERTIES
PLOT NUMBER- RT-4-C49a
VIEW-SEA VIEW
FLOOR SIZE [NET AREA] = 8800 sqft
13TH FLOOR
NET PRICE = 2310 dhs/sqft
GROSS PRICE = 1880 dhs/sqft

PREMIUM = ONLY 1% UNTIL 1ST JULY

PAYMENT PLAN - 13TH FLOOR
(EXCHANGE RATE 7.19)
DOWN PAYMENT -5% - £141,363
PREMIUM = 1% - £28,233
25th JUNE 2008 - 5% - £141,363

23rd AUG 2008 - 5% - £141,363
21st OCT 2008 - 5% - £141,363
18th FEB 2008 - 10% - £282,726
14th JUNE 2008 -10% - £282,726
10th OCT 2008 - 10% - £282,726
6th FEB 2010 - 15% - £424,089

ON COMPLETION 35% - £989,541
(EXPECTED 2012)

EXIT STRATEGY
OPTION 1
Maximum 3 Months
Pay down payment - £141,363
Premium 1% - £28,233
Pay 2nd payment - £141,363

Total Invested - £310,959
Sell at 5% premium = £141,363
Profit = £113,130
ROI = 36.38% in 3 Months



Friday 9 May 2008

RAK - GATEWAY CITY - LAND PLOT

Plot Code: GGR - 16
Built Up Area: 164,112 sqft
Breakdown: Ground+2Parking+14 Floors

Original Price: 105dhs
Premium: 9 dhs/sqft
Total Price: 114 dhs/sqft

Payment Plan
Deposit Due Now: 5%
Premium Due Now
Payment in 6 Months: 5%
Handover, 2 Years: 10%
Every 6 Months: 20%
Total Paid £2,602,054
(based on 7.19 rate)

Exit Strategy
(based on 7.19 rate)
Deposit: £119,831
Premium:£205,425
Total: £325,256

Hold For 6 Months
Sell at 120 dhs/sqft
Profit = £136,950