Al reef community in Abu Dhabi

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Al Reef Community in Abu Dhabi

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Al reef community in Abu Dhabi

  1. 1. AL REEFDEVELOPMENTSDate :9th July, 2012Manazil Specialist’s Preferred Agent
  2. 2. Al Reef Development Away from the hassle and bustle of the city ,and only few minutes drive you can own an affordable refreshing home design villa or apartment. Al Reef comprises of 2300 villa (Townhouse) and more the 1800 apartments , with a variety of life style options Townhouse that suits you. Al Reef is planned to be the largest self sustained residential project in Abu Dhabi as it is designed with convenience and community values in mind, Al Reef residents will have easy access to both lifes necessities and luxuries that are developed by Manazel Real Estate one of abu Dhabis’ largest real estate companies. Al Reef is Built up on 10 million sqft plot in a very dynamic location within the rapidly growing area of Abu Dhabi with all the new development.
  3. 3. Why to buy in Al Reef Development ? First project handed in an investment zone Lease for 99 years renewable Under STRATA law Lowest service charges in Abu Dhabi An expat or local can own his private villa and enjoy a variety of common facilities An expat or local can own his private villa and enjoy a variety of common facilities 10 % return on investment
  4. 4. www.alreefhomes.com 4
  5. 5. Al Reef Development Location 5 minutes from Abu Dhabi International Airport 5 minutes from Al Raha Beach 15 minutes from Abu Dhabi city 25 minutes to Jebel Ali Free Zone
  6. 6. Al Reef Development Communities located on a 10 million sqf plot. Divided into 4 communities of villas and downtown for apartments Reef downtown covering 130,000 sqm Mediterranean village Contemporary village Al Reef Downtown Arabian village Desert village
  7. 7. Al Reef Villas www.alreefhomes.com 7
  8. 8. Al Reef Villages Contemporary : code B Mediterranean : code C Desert : code D Arabian E
  9. 9. Al Reef Villas Specifications Types of villas & area sizes in all villages Type BR BUA No. of No. of parking Service charges in floors AED /sqft /sqft SQ.Ft SQ.M A* 2 1,832.00 170.20 2 2 4 B 3 2,424.00 225.20 3 2 4 C 4 2,858.90 265.60 2 2 4 D 5 3,749.10 348.30 3 2 4 Separate chiller AC unit for each villa
  10. 10. Al Reef Villas PricesTypes of villas & area sizes in all villages Type BR BUA Sales Range Annual rent (starting) SQ.Ft SQ.M AED AED A 2 1,832.00 170.20 980 ,000 – 1,050,000 85,000 B 3 2,424.00 225.20 1,300,000 – 1,350,000 110,000 C 4 2,858.90 265.60 1,750,000 -1,850,000 140,000 D 5 3,749.10 348.30 2,000,000 – 2,250,000 150,000 Transfer fees 2% on original priceService charges Aed 4 per sqftTawtheeq registration fees TBA
  11. 11. Al Reef Villa : Type A - 2 Bedrooms Units for Sale - Units for Rent
  12. 12. Al Reef Villa : Type B - 3 Bedrooms Units for Sale - Units for Rent
  13. 13. Al Reef Villa :Type C - 4 Bedrooms Units for Sale - Units for Rent
  14. 14. Al Reef Villa :Type D - 5 Bedrooms Units for Sale - Units for Rent
  15. 15. Al Reef DowntownManazil Specialist’s Preferred Agent www.alreefhomes.com 15
  16. 16. Al Reef Downtown : Apartments
  17. 17. Al Reef Downtown Apartments Specifications Apartments area sizes Reef Downtown BR BUA No. of No. Parking for buildings parking No. 21 to 26 SQ.Ft SQ.M St. 269-498 25 -58 1 2 1 753 -1195 70 - 103 1 2 2 1055-1680 98 - 136 1 2 3 1528- 2517 124 - 198 1 2 Service charges 13 AED/sq.ft District cooling connection charges applied once Transfer fees 2% on original price Tawtheeq registration fees TBA
  18. 18. Al Reef Downtown : Type 1A - G
  19. 19. Al Reef Downtown :Type 1B - G Type
  20. 20. Al Reef downtown :Type 1C - G Type
  21. 21. Al Reef downtown :Type 1D - G Type
  22. 22. Al Reef Downtown :Type 1F - G :Type
  23. 23. Al Reef downtown :Type 1G - G Type
  24. 24. Al Reef downtown :Type 1H - G Type
  25. 25. Al Reef Downtown :Type 1J - G Type
  26. 26. Al Reef downtown :Type 2A - G Type
  27. 27. Al Reef Downtown :Type 2B - G Type
  28. 28. Al Reef Downtown :Type 2C- G Type 2C-
  29. 29. Al Reef Downtown :Type 2D - G Type
  30. 30. Al Reef downtown :Type 2E - G Type
  31. 31. Al Reef Downtown :Type 2F - G Type
  32. 32. Al Reef Downtown :Type 2G - G Type
  33. 33. Al Reef downtown :Type 3A - G Type
  34. 34. Al Reef Downtown :Type 3A - G Type
  35. 35. Al Reef Downtown :Type 3B - G Type
  36. 36. Al Reef Downtown :Type 3C - G :Type
  37. 37. Al Reef Downtown :Type 3D - G Type
  38. 38. Al Reef Downtown :Type 3E - G Type
  39. 39. Al Reef Downtown :Type 3F - G Type
  40. 40. Al Reef Downtown :Type 3F - G
  41. 41. Al Reef Downtown :Type 3G - G Type
  42. 42. Al Reef Downtown :Type SC - G Type
  43. 43. Al Reef Downtown :Type SC - G Type
  44. 44. • Community Directory• Facilities & Amenities• Near By www.alreefhomes.com 44
  45. 45. Al Reef Master plan
  46. 46. Facilities & Amenities Mosque Swimming pool 24-hour security Public parks Medical clinic Kids playing area Maintenance services Health club Retail area Club house Education facilities Cafes
  47. 47. Community Near By AL Raha International school 10 KM GEMS American Academy 11 KM Al Ittihad School 11 KM The British International School 15 KM International School of Choueifat 12 KM Emirates National School 16 KM The Cambridge High school 19 KM American international school of Abu Dhabi 25 KM Al Raha Mall 2.8 KM Al Meshrif Mall 16 KM New Airport Park 15.4 KM Kids Park 9.9 KM Al Mafraq Hospital 13 KM Al Rahba Hospital 13 Km life line hospital 16 Km Al Noor Hospital 20 KM
  48. 48. Finance Providers www.alreefhomes.com 48
  49. 49. Financed by Best Banks in UAE Max LTV % Interest Rate % term yrs locals 85 5% 25 Expats 80 5% 25 locals , expats 85 4.99% 25 Expats 85 From 5.25% 25 locals 90 From 5.25% 25 locals , expats 85 From 4.48 % to 6.19% 25 Expats 80 FROM 5.99% 25 locals 85 FROM 5.99% 25 locals 85 3.99% (5.99% FIXED FOR5 YEARS) 25 Expats 80 3.99% (5.99% FIXED FOR5 YEARS) 25
  50. 50. Additional Services www.alreefhomes.com 50
  51. 51. PSI Clients Additional Packages Interior / Exterior Cleaning & Moving Landscaping & flooring Design & Furniture services services
  52. 52. Frequently asked question www.alreefhomes.com 52
  53. 53. Q1: What are the measurements for build up and plot area? Built up area 2 bedroom – 1832 Sq. Ft 3 Bedroom – 2424 Sq. Ft. 4 Bedroom – 2858 Sq. Ft. 5 Bedroom – 3749 Sq. Ft. Plot Area: - 2 Bedroom - min120 Sq. Meters 3 Bedrooms – min120-125 Sq. Meters 4 Bedrooms – min 192 Sq. Meters 5 Bedrooms – min250 Sq. MetersQ2: What are the services charges for the villas?Q2: 2 Bed 3 Bed 4 Bed 5 Bed+ Pool AED 7328 AED 9696 AED 11435 AED 14996
  54. 54. Q3: What are prevention maintenance charges for census?Q3: For villas 2 Bed 3 Bed 4 Bed 5 Bed+ Pool Platinum 3600 4200 4800 6000 Gold 2400 3000 3600 4500Q4: What do you give the client at the time of closing the deal and transfer don .?Q4: All the unite Keys Original SPA from Manazel Gate Pass
  55. 55. Q5: How to get electricity & water connection? cost? where? Villas All Bills come together such as water, electricity and chiller. You have to fill out the ADDC form. Submit your passport copy and visa copy of the tenant and owner. Completion letter certificate, you have to submit the refundable deposit of 1000 AED and Tawtheeq, SPA (Sale Purchase Agreement), Clearance certificate of ADDC Number: 800-2332 Where ? EtihadPlaza Musafah Al Shama Municipality How long it takes to connect the water and electricity? 1 day
  56. 56. Q6: what is Tawtheeq Registration ? Owner ship certificate or tenancy contract. Completion certificate from Manazel Clearance letter from Manazel Passport copy for the owner and Tenant Tenancy contract stamped by PSI ADDC Application Signed by the tenant Tawtheeq certificate from Manazel Security deposit for individuals is AED 1000 IF Company AED 2000Q7: What’s required to connect water and electricity? You will require a contract stamped by PSI with a valid passport copy and visa copy. Without this you will not get Tawtheeq and will not be able to apply for ADDC. There are NO charges for tawtheek.as preferred agent to Manazel. And other tenants have to pay AED 300, as they are not registered.Q8 : Who takes care of Tawtheeq from MANAZEL and number? MANAZEL: 026522046 (Anees).
  57. 57. Q9: what are the required documents to sell my property? Sales and purchase agreement Statement of account from Manazel Valid passport copy, If financed by bank liability letter of bank or clearance certificateQ10: What are the required documents to buy property? Valid Passport copy Valid Visa copy Pre approval from the bank Deposit cheque not less 50 kif the buyer didn’t apply for pre approval from the bank then prepare the below: Valid Passport copy Valid Visa copy Original Valid stamped Salary certificate Original Pay slips for the last 6 months salaries. Original stamped 6 months bank statement for last six months salaries.
  58. 58. Q11: what are the required documents to lease my property? Passport copy Valid Visa copy Copy of SPA Tawtheeq from Manazel Clearance certificate from Manazel Clearance certificate from ADDC for the unite if it was rented beforeQ12 : what are the required documents to Rent a property? Passport Copy Visa copy Contact detailed and P.o. Box Address PSI Contract
  59. 59. Q 13 :What are the documents required for a transfer?From Seller Original Passport Original SPA If financed mortgage release letter from the bank seller bank. Seller presence in the developer officeBuyer Original passport. Transfer fee (manager cheque) 2% fro the original price Final payment to the seller (manager cheque if cash buyer or letter of guarantee if it is financed) Buyer presence inMa nazel office.
  60. 60. Q14: Is the Modifications allowed by Manazel in villas? You can NOT do any constructional modifications that will change the floor plan of the villa, for non-constructional modifications, you will need to get an approval from MANAZEL.Q15 : What are the chiller charges for villas & apartments? Villas The chillier charges are included with the electricity bill as per the electricity consumption. Apartments 3 bills (water, electricity and chiller). The chiller charges are paid yearly 3000-4000 AEDQ16 : Where are the groceries in Al-Reef? In Arabian Village on street #4Q17 : Where can you buy furniture? From IKEA in Yas Island. ID Design as our clients can get 15%
  61. 61. Q18 : Where are the nearest nurseries, schools, police station? Khailfa city (A)Q19 : Where are the nearest nurseries, schools, police station? Al-Rahba, Al- MafaraqQ20 : wheres the recreation area? In Arabian Village.Q21:Q21: What is an extendable plot? An extendable plot is bigger than the ordinary plot.Q22 : How do you get gate passes for tenants? You have to give the tenant contract, car registration copy and fill out a form you get from the main gate.
  62. 62. Q23 : What is the bus station and route? The bus station is in front of each village and the route is 300Q24 : What do we call our location in Al Reef , what is the community and the villa NO ? It calls Guesthouse, its is only for PSI staff to rest & no ONE allowed to enter the villa under any circumstances. The community is: contemporary. Villa No is : SMALL NO 142 LONG NO B3A 102Q25:Where do you buy gas for cooking? Shahama petrol station and Khalifa city (A).
  63. 63. Villa Ledger Examples Cluster Plot No. Cluster Plot No. C 6 A 008 B 6 C 008 2 Bedrooms 4 BedroomsMediterranean Contemporary Cluster Plot No. Cluster Plot No. E 5 B 060 D 1 D 050 3 Bedrooms 5 Bedrooms Arabian Desert Community Cluster Number of Bedrooms Plot No. 63
  64. 64. Contact usProperty Shop Investment LLCPO Box 109537 Abu Dhabi UAET 02 6391107 F 02 6391334www.psinv.netfollow us: PropertyShopInvestment Psinv Manazil Specialist’s Preferred Agent 65

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