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70% of real estate value at Dubai South to be paid post housing

UAE - November 10, 2016
Dubai South

Dubai South has enacted a new payment plan for the sale of its residential units at the innovative Pulse project.

The plan allows buyers to pay 5% of the value when reserving a unit, a 4% real estate registration fee, then 5% every three months over the next year and a half.

According to procurement contracts, Dubai South has pledged to investors that payment of the remaining installment, amounting to 70% of the value of the unit, will be collected after the unit is inhabited.

The units that have been designed by world-class architects will be ready by April 2019.

They will come with a number of luxurious amenities which include specialized clubs with a gym, a swimming pool, and a children’s playground and gym yoga.

All within a gated and secure community, with facilities management services around the clock.

Residential units at Pulse residential complex are spread across three areas.

The first, Residence Palace, has a starting price of Dh280 thousand for a studio apartment.

Dh480 thousand for a one bedroom apartment, Dh720 thousand for a two bedroom apartment and Dh1 million for a three bedroom apartment.

The second area, Pulse Boulevard Apartments, comes with prices starting from Dh500 thousand for a one bedroom apartment.

Two bedroom apartments start at Dh820 thousand, and as for three bedroom apartments, they start at Dh1 million and 30 thousand.

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