Villa for sale in Dubai, Dubai HS2231976
Full Description
Dubai, DubaiProperty Type: Villa
Property Price: $ 604,135.00
Contact Name: Property Sales
Office space in Dubai FREE ZONE ? 50 years tax holiday, separate legislation and regulation, one stop shop facility for immigration, registration and licensing (more info below).Mazaya Business Avenue, Jumeirah Lake Towers.Construction is now above the 5th floor. 40% paid. 60% upon construction completion (2010). Strong developer from Saudi Arabia.418 USD sqft all inclusive. 259.778 USD due now. 362.480 USD upon completion. Rental yield is up to 12% p.a. net in USD (based on today?s rent 49 USD sqft). http://www.mazayarealestate.com/Ehome.asphttp://www.mazayabusinessave.com/index.htmlJLT - mixed-use free zone under the Dubai Multi Commodities Centre Authority (DMCCA). A strategic initiative of the Dubai government, DMCC was created to provide industry-specific market infrastructure and a full range of facilities for the gold and precious metals, diamonds and coloured stones, energy and other commodities industries. In close proximity are the DMCC Enterprise Zone 1 and 2 allocated for special manufacturing operations and the Jewellery and Gemplex.With facilities for tea and commodity warehousing / trading in Jebel Ali and plans for the iconic ?Pearls of Dubai? on one of the Dubai World Islands, DMCC is constantly expanding its free zone facilities to support its ever expanding member base.DMCC was rated ?A? by Standard and Poor?s in 2007.www.dmcc.aehttp://www.jumeirahlaketowers.ae/jlt_launch/index.htmSummary about Dubai economy (please kindly send Your enquiry if you would like to receive more detailed information for free (the information is based on international statistic)):I.Dubai is a busier port then USA busiest port Los Angeles or Germany busiest port Hamburg (based on TEU handled 2007). II.Dubai transported more air cargo then Amsterdam (AMS), New York (JFK) and London (LHR) in 2007. III.Trade and reexport hub of the region ? 30% GDP. IV.Dubai is a member of Top 30 World Busiest Airports by Passengers. V.Dubai is the biggest financial centre of the Middle East and 4th by value financial centre in Asia. Its importance has been growing.VI.Tourism. 7,7% of world international tourists number visited Dubai in 2007. 30& GDP. Dubai also proved itself as a top level meetings destination. Middle East will show highest growth rates in the industry by 2020, as per World Travel Organization Vision 2020. VII.Other factors which are fundamentally important for investing: On the one hand, Dubai legislation and regulation, as of emerging market, are also in an emerging stage. On another hand, Dubai advantage in comparison with other emerging markets are: a)High security level; b)Low corruption level; c)Political stability; d)Civil legislation; e)Wide usage of English (nearly like the 2nd state language);f)Liberal attitude to foreigners.
AMENITIES:
Unspecified
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PLOTSIZE:
Resale
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