District One - Residences

Brief Overview

Property Ref: ELI-S-10683
Price: Sale 1,214,021.00 AED
Type: Apartment
Location: Mohammed Bin Rashid City
Bathrooms: 2
Bedrooms: 1
Built up Area: 749.09 Sq.Ft
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Luxury low to mid-level apartments in centrally located community, close to Downtown, featuring high-specification finishings and a 50 50 payment plan.

These beautiful apartments will present home owners the chance to be part of this exclusive community which offers the most central freehold villa and apartment properties in the heart of the city’s centre overlooking what will become the world’s largest crystal lagoon. These attractive apartments offer stunning views of The Lagoon, Downtown Skyline and Meydan.

This development is for end users and investors alike, who recognise that luxury waterfront apartment living can offer excellent returns and unrivalled residential experiences.

With the handover of Phase One now underway and construction of Phase Two continuing apace, the planners have unveiled the third phase of development at Mohammed Bin Rashid Al Maktoum City – District One which sees low-rise apartments added in response to demand for low-rise apartment options in the heart of the city centre

A collection of one two and three bedroom apartments spanning four to sixteen floors from the ground up boasting stunning views  Phases one and two saw the completion of villas and mansions at the development, 4km from Downtown Dubai.

The development boasts; 

  • 7 km Crystal Lagoon
  • 14km Pristine Shoreline
  • 26 million sq. ft. Greenery
  • 8.4km Cycling & Running Track
  • Meydan One Mall
  • Nursery and School
  • Community Clubhouse

Payment Plan:

Booking Amount– 10% Upon Booking ,

1st Installment – 5% upon 20% construction

2nd Installment – 5% upon 20% construction

3rd Installment – 10% upon 40% construction

4th Installment – 10% upon 50% construction

5th Installment – 10% upon 60% construction

Final Installment – 50% On Completion (Estimated Last Quarter 2019)

Why clients choose Elite Realty Dubai?

  • Our British sales and rental teams are based in Dubai
  • We have been selling here since 2003 and are experts in Dubai residential property
  • We specialize in the 'New Home' investor market
  • We achieve some of the best rental yields and capital growth currently available
  • We offer a large variety of investment projects throughout Dubai
  • We are unbiased- therefore will guide you to invest in the right property for your needs
  • We have a local rate telephone number and no call centres
  • Each client deals with the same sales person from start to finish
  • They trust in our long-term view, knowledge, integrity, experience, reliability, dedication and commitment to providing exceptional service

    

 

Residences

With the handover of Phase One now underway and construction of Phase Two continuing apace, the planners have unveiled the third phase of development at Mohammed Bin Rashid Al Maktoum City – District One which sees low-rise apartments added in response to demand for low-rise apartment options in the heart of the city centre

District One Residences, a collection of one two and three bedroom apartments situated in low and mid-rise towers. Spanning four to sixteen floors from the ground up boasting stunning views of the Crystal Lagoon, Downtown Dubai Skyline and Meydan One.

Phases one and two saw the completion of villas and mansions at the development, 4km from Downtown Dubai.

District One Residences will offer home owners the only waterfront apartment living in the centre of the city creating a beautiful, luxurious community offering the most central freehold villa and apartment properties in the heart of the city’s centre overlooking what will become the world’s largest crystal lagoon

District One brings together a 7km crystal lagoon, beaches, a 14km boardwalk, and parklands. It is also home to a 8.4km cycle track.

This development is for end users and investors alike, who recognise that luxury waterfront apartment living can offer excellent returns and unrivalled residential experiences 

Once completed the 48 million square foot MBR City will offer the: “world's tallest residential tower, the tallest observation deck, the longest indoor ski slope and the largest dancing fountain as well as the newly launched Meydan One Mall.  

 

Typical Sizes and Prices in the G+6 & G+8 Buildings

1 Bedroom - 738 sq. ft., from AED 1,179,920

2 Bedroom + Maids – 1,263 sq. ft. from AED 2,083,845

3 Bedroom + Maids – 1,736 sq. ft. from AED 2,863,845

 

Payment Plan:

Booking Amount– 10% Upon Booking ,

1st Installment – 5% upon 20% construction

2nd Installment – 5% upon 20% construction

3rd Installment – 10% upon 40% construction

4th Installment – 10% upon 50% construction

5th Installment – 10% upon 60% construction

Final Installment – 50% On Completion (Estimated Last Quarter 2019)

District One features:

  • 7 km Crystal Lagoon
  • 14km Pristine Shoreline
  • 26 million sq. ft. Greenery
  • 8.4km Cycling & Running Track
  • Meydan One Mall
  • Nursery and School
  • Community Clubhouse

 

    


Company name: Elite Realty Dubai
RERA ORN: 12535
Address: 27th Floor Marina Plaza Dubai Marina, PO BOX 334198 Dubai UAE
Office phone no: +971 (0) 4 512 4016
Out of office no: +971 (0) 50 277 0078
Website: www.eliterealtydubai.com
Company Profile: We specialise in Freehold Leasehold property for sale in Dubai and pride ourselves in having a high performance level approach for our industry. Elite Realty Dubai was founded on the ways and ethics of the owners well-run UK based Estate Agency|| implementing high standards and values|| now available in the Dubai Real Estate Market. All our well educated and skilled staff all UK trained and what they say they will do guaranteeing trust|| dependability and above all consistency to all our new|| current and returning clients.

General amenities

  • Under construction development
  • Expected rental Yield of over 7%
  • Good Capital Growth expected
  • New growth area
  • Centrally Located Residential Community
  • Waterside Living
  • Communal park/ green areas
  • Communal shops
  • Gated / 24 hours security
  • Communal sports courts
  • Communal pool
  • Communal gym
  • Close to International Schools

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