Dubai founded Tecom Investments has launched the unveiling of its new Dubai property for sale, Villa Lantana, for the investors, after strong demand for phase 1. The non commercial development, located within Al Barsha South, attributes villas established in a landscaped family area, and offers 17 varied villa layouts, 11 floor designs and an array of 3, four and 5 rooms detached and semi affixed family residences. It may also consist of a shopping centre, parks and play areas, and sporting services such as fitness gyms, pools and jogging tracks. Initial phase, which was launched for purchase in September 2014, noticed keen importance from Emirati investors, Tecom said in a declaration. UAE nationals at present make up 43 percent of the overall quantity of people who buy Dubai property for sale. Overall, a lot of traders are purchase to let investors, whilst the remaining are seeking for a family home, the statement added. Development of Villa Lantana is “on the right track” and the venture is due for finalization at the end of 2015. Badr Al Gargawi, President Tecom investing said: “Investors are taking a lasting perspective of the market and understand the importance of all natural neighborhoods. “As Dubai pattern of extensive increase carries on, households are hunting not only for an opportune site but also for a community that assists the full family’s requirements.” Tecom is additionally offering adjustable home mortgage alternatives for investors via an accord with Mashreq Bank. Within the settlement, those who want to buy Dubai property for sale can get mortgage amounts up to Dhs15 million, loan-to-value ratio as much as fifty per cent for off plan properties, funding payoff time up to twenty five years, low income qualification starting from Dhs15,000 per month, and finance for on job and also self employed UAE people at awesome interest levels.
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October 2019
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