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Victory Heights

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Dubai is set to have another exclusive residential and leisure development; the 25 million sq.ft. luxury residential golf development Victory Heights, set around an 18-hole golf course designed by Ernie Els – which is planned for completion in 2007.

The exclusive development comprising 789 independent villas is set to come up within the 50 million sq.ft. Dubai Sports City and will include seven villages, each with its own distinct character and identity. Residents could choose from European Classical, Spanish Andalusian and Mediterranean styles of apartments.

This project is unique as it has countless external features and options. Each property is set within its own space, having landscaped front and back gardens, extended side patios, protective pergolas, featured walls, water features/fountains, swimming pools designed to integrate within soft landscaping, parking space for two to three cars, built-in storage in garage, direct access to kitchen from garage and covered terraces and pavilions. Villas range in size from 6,500 to 15,000 sq ft.

Interiors reflect external style in colours, textures and palettes, top quality materials and finishes, choice of treatment for buyers creative adaptations. Designers have also included a 1.5 million sq.ft. retail mall which also includes a 750,000 sq.ft. sports mall featuring the world’s best brands. The mall also has 750,000 sq.ft. of boutique, retail and entertainment space including multiplex cinema, hotels, restaurants and cafes.

Victory Heights is located in the Dubai Sports City, at the Dubailand theme park.

Type of Units

  • GATED GOLF RESIDENTIAL COMMUNITY
  • Villas (from 6,500 to 15,000 sq.ft.)
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Call management
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management