Description
Distressed Sale I STUDIO I Azizi Riviera Bldg. 44
SALES OFFER
Purpose: Investment
Expected Completion: Sept-2023
Selling Area: 301,71 sq. ft
Selling Price: AED 707,000.00
Price After Discount: AED 591,000.00
Commission 2%: AED 11,820.00
PAYMENT PLAN
1st Instalment: 30% at Transfer Date, AED 177,300.00
On Completion: 70% Handover Time, AED 413,700.00
Total: 100% AED 591,000.00
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.
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Property features
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