Greg Pogonowski: Book Today with 10% return (Jumeirah Village Circle)

Bloom Heights (Jumeirah Village Circle)

Jumeirah Village is a residential and commercial community featuring a mixture of Arabic and Mediterranean villas and stylish townhouses.

Covering two distinct areas - the Triangle and the Circle -Jumeirah Village comprises a variety of residences, offices,commercial,retail,andleisurefacilities,spreadover 811hectares. Jumeirah Village offers residents a real senseof community living. Coming soon to Jumeirah Village are two new Nakheel retail developments: Al Khail Avenue at Jumeirah Village Triangle and The Circle Mall at Jumeirah Village Circle.

The Circle Mall at Jumeirah Village Circle, covering one million sq ft, will have 200 shops, an anchor supermarket, two department stores, a multi-screen cinema and a variety of dining outlets including a food court. Strategically located between Sheikh Mohammed Bin Zayed Road, Al Khail Road and Hessa Street, The Circle Mall will serve hundreds of thousands of people living in Jumeirah Village and surrounding areas, and act as a new leisure destination for residents and tourists across the rest of Dubai. The mall is due to open in 2017.

Al Khail Avenue at Jumeirah Village Triangle, located alongside Dubai's Al Khail Road, is a 3.6 million square foot retail, dining and entertainment hub with 350 shops, a multi-screen cinema and a diverse range of cafes and restaurants - some with outdoor dining areas. There will also be a multi-storey car park with 4,400 spaces. Due to open in 2018, Al Khail Avenue will provide convenient, on-the-doorstep shopping and entertainment for people in Jumeirah Village, Jumeirah Park and other nearby communities, and a new destination for the residents and tourists across Dubai and the other emirates.

Key Facts:

Two Connected Plots (Tower A & Tower B).
-Tower A (G + 33 including 6 Podium levels of parking and facilities).
- Facilities include Gym, Swimming Pools, BBQ Area.
Residential units from 5th till 33rd flr.
Typical floors from 5th - 19th (Lower) & from 20th to 33rd (Upper).
Lower Floors: 6 Studios, 6 One Bedrooms & 2 Two Bedrooms.
Upper Floors: 5 Studios, 6 One Bedrooms, 1 Two Bedrooms & 1 Three Bedrooms.
Prices of Studios from AED 370,000, 1 Bedroom AED 643,000, 2 Bedroom AED 911,000 & 3 Bedroom AED 1,288,000.
4% of purchase price payable to Dubai Land Department (Transfer Fee).
Oqood registration Fee (TBC).

ROI Projection:

Service Charge Approx. 11AED/sqft.
Expected Rent is less than the current rent average.
Price is based on the starting price.

Type	Starting Price	Expected Rent	Service Charge	ROI
Studio	AED 370,000	AED 50,000	AED 5,000	11.4%
1 Bed	AED 638,000	AED 65,000	AED 7,000	9.1%
2 Beds	AED 911,000	AED 95,000	AED 11,000	9.2%
3 Beds	AED 1,288,000	AED 110,000	AED 14,000	7.5%

Bloom Heights Availability:

Unit Type	Unit Code	Parking Allocation	View	Total Area	Sales Pricce
Studio	A-1601	1	Swimming Pool	36.31	368,000
Studio	A1607	1	Boulevard	36.71	369,000
Studio	A-1608	1	Boulevard	38.8	380,000
Studio	A-1611	1	Swimming Pool	35.38	371,000
Studio	A-1612	1	Swimming Pool	37.69	382,000
Studio	A-1613	1	Swimming Pool	37.72	383,000
1 Bedroom	A-1602	1	Swimming Pool	67.72	656,000
1 Bedroom	A-1604	1	Boulevard	69.26	637,000
1 Bedroom	A-1605	1	Bloulevard	69.55	640,000
1 Bedroom	A-1606	1	Boulevard	69.88	644,000
1 Bedroom	A-1610	1	Swimmng Pool	77.47	777,000
1 Bedroom	A-1614	1	Swimming Pool	67.63	649,000
2 Bedrooms	A-1603	1	Boulevard	99.54	956,000
2 Bedrooms	A-1609	1	Boulevard	98.45	930,000
2 Bedrooms	A-1703	1	Boulevard	99.37	958,000

Payment Plans:

1) Standard Payment Plan

10% Down Payment (+4% Oqood Registration)
25% (5% Payments that are construction progress linked)
65% at Handover

2) 100% Upfront Payment

2% Discount on Sales Price Payment

Payment Plan

(100% on booking of unit + 4% Oqood Registration)

3) Post Handover Plan

5.8% Premium in Sales price

Payment Plan:

10% Down Payment (+4% Oqood Registration)
25% (5% Payments that are contruction progress linked)
25% at Handover
40% Post Handover over two years (1,5% every month + 4% payment with the last installment)

Location: