Dubai Marina continues to consistently top the different ratings of Dubai’s real estate popularity among potential buyers and tenants. The more attractive is the offer made by one of the local agencies, which has put on sale apartments in this community, offering a favorable plan of installments for seven years with no interest rate, Zawya has revealed.
As predicted by many analysts at the real estate market, over time, interesting offers in terms of sales and rent conditions began to emerge at the Dubai’s property market. Apartments sales in Sulafa Tower priced as low as US $ 585,500 for the home or US $ 4617 per square meter became one of the first such offers.
The most interesting thing about it is that the apartments are offered ready-made and fully furnished, and the seven years installments plan does not imply any interest rate. Thus, the rental income from such apartment’s lease (and you can start leasing the apartment immediately after the purchase) can be up to 50% for the next three years. Such income is possible, based on the calculation that the average cost of renting two-bedroom apartments in the area amounts to at least US $ 38,000 per year.
The marketer of the apartments at Sulafa Tower said: "This unique program has attracted all segments of investors and end-buyers looking for the best long-term investment opportunities in Dubai's property market with spectacular advantages in terms of payment plan, annual returns and capital appreciation on ready properties".
Sulafa Tower is conveniently located in the heart of Dubai Marina, within walking distance of major shopping centers such as the Mall of the Emirates, Dubai Mall and Ibn Battuta Mall, as well as major business centers such as Dubai Media City and Dubai Internet City. In addition, the apartments will boast stunning views of the Dubai Channel after its construction will be finished, and the building itself has all the modern amenities for the residents, such as swimming pool, a gym and a spacious parking, etc.
Other properties in the prosperous district of Dubai Marina and many other areas of Dubai you can always find at IMEX Real Estate website.