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International City - Phase 3, Dubai

Overseas Investments - Dubai property

International City - Phase 3, Dubai
International City - Phase 3, Dubai
International City Phase 3 is an unrivalled opportunity to buy an apartment in Dubai with a guaranteed rental yield of 10% per annum for the first three years.

Investors Provident are pleased to offer an exclusive development at International City phase III. Nakheel, are the government body responsible for the master development of International City.

For just a 30% deposit with nothing more to pay until completion, you will secure an apartment in cosmopolitan Dubai. You will own a freehold apartment and benefit from capital appreciation while the property is rented and managed by the developer.

Key Highlights

  • 30% Deposit with 70% payable on completion
  • On deposit, the developer will issue a 2 page reservation contract - 6 weeks on commencement of construction a legally binding 35/40 full reservation sales contact is issued
  • Mortgage / 70% Finance available if required (STC)
  • NO STAMP DUTY. NO INITIAL LEGAL FEES. NO CAPITAL GAINS TAX
  • Apartments are fully furnished on completion. The furniture package is complete from Beds & Sofas through to Plates, irons, saucepans etc.
  • A 10% Gross fully guaranteed rental for 3 years will be provided from a major letting/rental agency. The agency is government approved and bonded for deposit taking. Rental is paid quarterly in advance
  • Include a designated secure parking space located on ground floor behind gates
  • Air Conditioned
  • Resident Visa for purchasers
  • Completion is August 2008

Key facts

  • Prices from £45,000 
  • Completion 2008/2009
  • Unit types Studio and 1 bed apartments

   

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