Distressed Sale I Studio I Azizi Riviera Bldg. 36

SALES OFFER

Purpose: Investment

Expected Completion: Sept-2023

Selling Area: 474,15 sq. ft

Selling Price: AED 1,057,000.00

Price After Discount: AED 870,000.00

Commission 2%: AED 17,400.00

PAYMENT PLAN

1^st Instalment: 30% at Transfer Date, AED 261,000.00

On Completion: 70% Handover Time, AED 609,000.00

Total: 100% AED 870,000.00

NOTE: 4% DLD At “Transfer Date”

Riviera is in Meydan at the heart of Mohammed Bin Rashid City (MBR City) in Dubai. Each individual building will benefit from a swimming pool, landscaped gardens, and a gym. Residential properties include studios, one-, two- and three-bedroom apartments offering a variety of different views ranging from orientation towards Downtown Dubai and Burj Khalifa to community pool and canal views.
Distressed properties present a unique opportunity for investors to capitalize on untapped potential. These properties are frequently sold below market value due to various factors, thus enabling a buyer to snatch up a bargain. Whether you are looking to acquire a property for buy-to-let investment or a subsequent resale, distressed real estate is a great investment opportunity.