Own your Dream Home in Dubai less than 55 lakh INR

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07 Jul, 18 11:45
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Own your Dream Home in Dubai less than 55 lakh INR Udaipur: Danube Properties, a major Dubai-based property developer, has rolled out its latest project where prices of an apartment starts from US$79,000 or IRS53 lakhs – the cheapest home available in the emirate.
The Lawnz offers a great investment opportunity for Non-Resident Indians (NRIs) as well as Indians with high disposable income who could benefit from more than 10 percent rental yield. Rent of a studio apartment at the International City is more than Dh30,000 per annum – more than 10 percent of the property value.
However, the 1 percent per month payment plan that allows home buyers to get the key after payment of 52 percent, means that the buyer could start counting rental income after having paid just over half the property price – or more than 20 percent of the amount paid for acquiring the property.
Indian nationals are the largest foreign investors in Dubai’s real estate sector, according to the data released by Dubai Land Department.
Danube Properties launched its 11th project – the Dh550 million Lawnz at the International City – Comprising of 1,064 units which will take its portfolio to 4,744 units with a development value exceeding US$1 billion, spread across 11 successful projects.
The Dh550 million Lawnz offers 1,064 residential units, ranging from studio, one and two-bedroom apartments. The project is conveniently located at the International City Phase 1. The Super lavish amenities include a massive 3.8 Acres Promenade which offers Canal, Sunken Plaza, a fully equippedhealth club, swimming pool, steam and sauna room, multi-purpose hall, jogging track, barbecue deck, badminton court, multi-purpose court and a high tech surveillance system for the protection and security of the residents. The property also comes with a 42metres wide entrance and outdoor cinema.AtifRahman, Director and Partner of Danube Properties, said “apartments at Lawnz have been priced keeping the end-users in mind and their comfort level. The units come with the most unique and unseen design of living space.
“In addition to the project’s location and the five-star facilities, Danube’s industry leading 1 percent per month payment scheme will ensure a faster sell-out of the properties. Lawnz will attract a large number of new home buyers – who were earlier unable to own their home due to price constraint.
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