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Market comparison executive residence

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Market comparison executive residence

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HERE YOU CAN SEE THE MARKET BTWEEN THE PROJEQT IN DUBAI THE LAST ONE HAS BEN COME AND IN THE SEME ONE YOU CAN DESCOVER THE IDEA OF THE SIZE AND THE LEYOUT OF THE PROPERTIES

HERE YOU CAN SEE THE MARKET BTWEEN THE PROJEQT IN DUBAI THE LAST ONE HAS BEN COME AND IN THE SEME ONE YOU CAN DESCOVER THE IDEA OF THE SIZE AND THE LEYOUT OF THE PROPERTIES

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Market comparison executive residence

  1. 1. MARKET COMPARISON 1. EXECUTIVE RESIDENCE BY EMAAR 2. DISTRICT 1 BY MEDAN 3. CREEK VISTA BY SOBHA
  2. 2. Video links u Executive Residence https://youtu.be/HvNAwMh1hkk u MBR City District 1 Residences https://youtu.be/adJU6fi2NgE u Creek Vista https://www.youtube.com/watch?v=eOVW3MHl230
  3. 3. LOCATION ON MAP
  4. 4. As highlighted above all three projects near Downtown with the below proximity to following benchmarks: Location Proximity (drive) Burj Khalifa & Dubai Mall 10 min Dubai International Airport 15 min Burj Al Arab 15 min Mall of the Emirates 20 min Downtown 10 min Al Maktoum Intl. Airport 35 min Expo 2020 30 min
  5. 5. Table Comparison: Executive Residence District 1 Creek Vista Price per SqFt for the most attractive unit 1600 1700 1,600 Price per SqFt for the least attractive unit 1400 1500 1,480 Delivery Q4 2021 Q4 2020 Q3 2021 Construction % as per DLD 0 10.2% 1.37% Payment Plan 60% during construction and 40% post hand-over over 3 years 50% during construction 50% on handover 50% during construction 50% on handover Direct access to main roads Umm Suqeim, Al Khail Al Khail, Al Meydan Rd Al Khail Facilities & Nearby Landmarks Dubai Hills Mall 18 holes Golf Course Business Park, Boulevard, Urban Beach & Splash Park Skate Park Crystal Beach Lagoon Meydan Mall Meydan Hotel Meydan Mall Canal Metro Meydan Race Horse Meydan Hotel Master community record Mulberry, Acacia buildings have delivery in April/May 2019 Mansions and Villas are at advanced stage of construction close to possession 4 buildings under construction and 263 villas to be handed over starting 2019 up to 2022 Free Residence Visa & Trade License – 3 Years Renewable Yes No No Beach Access No Yes No
  6. 6. CONCLUSION: u Executive residence average price is 6% lesser than District 1 and 3% lesser than Creek Vista u Executive Residence offers 36 months post-handover payment plan which increases the ROE (return of equity) compared with District 1 and Creek Vista for which payment must be done 100% on completion u Executive Residence offers 3 years renewable free Trade License and Residence visa where District 1 and Creek Vista do not offer this facility, this is first time when any developer has introduced this in the real estate market u Executive Residence has 18 holes Golf Course Club Ready whereas District 1 has largest man made Crystal Lagoon spread over 52 acres u Executive residence’s neighboring towers at Dubai Hills are ready to move in next month April/May 2019 where in District 1 (Phase I & 2 are close to completion) and Creek Vista is at initial stage of construction

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