This is a good investment opportunity in an apartment at Downtown
Jebel Ali (www.downtownjebelali.com)

Deyaar Park (www.deyaar.ae) is in Zone 3 of Downtown Jebel Ali at
Sheikh Zayed Road in front of Techno Park.  Zone 3 would also contain
other developments including Schon Suites, The Signet, Image Residence
(Al Fara'a), Central Square (Damac) and Rufi Royale Residency.  All
these developments charge on gross area basis whereas Deyaar charges
on net area basis.  The floor plan is excellent and even the maid room
is having an attached bath.  The apartment block is very close to the
metro station

Original unit price AED 1,690,970
Amount paid for 2 parking spaces AED 120,000
Original price AED 1,810,970 (including 2 parking)
Sale price AED 1,972,796 (AED 1400/sq.ft) (including 2 parking)

To be paid by the buyer:
Premium AED 161,826
Amount of first two instalments (20% = AED 362,194)
Deyaar's charge for transfer 2% of original price = AED 36,219.40
1% commission = AED 18,109.70

Payment plan for the remaining 80%:
10% 1st Dec'08
10% 1st Apr'09
10% 1st Nov'09
10% 1st Feb'10
40% on the completion date (anticipated 1st Dec'10)

Main attractions:
1) Very close to metro station
2) Developer selling on net area basis
3) Maid room has attached bath, so it's like a 3 bedroom apartment
4) Price includes 2 parking spaces - developer's original price does
not include parking space
5) Payment plan is attractive, i.e., 40% upon completion
6) Most of other developments in Zone 3 are being offered at around
AED 1800/sq.ft. level because these were launched at starting prices
around AED 1600/sq.ft. (gross area basis)

Regards,
Khatri
Tel 055 9196124

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