Premium And Lavish – Resort Style Living – Investors Deal

1 Beds
2 Baths
1 Parking
796.54 sq. ft

Overview

The Property

Bay Residences offers a unique combination of the best of luxury living situated within pure nature, with the ultimate in both recreation and relaxation – The Bay Residences is on the prestigious Hayat Island of the Mina Al Arab, with the best-in-class amenities the region has to offer, superb beach views and the breathtaking expanse of the Arabian Gulf.

Type: 1 Bedroom
Kitchen: Fully Fitted
Bathrooms: 2
Size: 796 Sq.ft.
Views: Intercontinental Hotel
Price: AED 1,175,000 (Negotiable)
Payment Plan: Available + Post-Handover (5 Years)
Handover: Q4 2024
Agency Fees: 2% + VAT
Transfer Fees: 3% + VAT
Administrative Fee: AED 1,050
RERA Fee: AED 3000
Deposit: 10%

Payment Schedule (to date):

Repayment to Seller for amount already paid – AED 179,147
Further payment required to RAK Properties (10%) – AED 83,017
Remaining payment plan with RAK Properties – AED 611,716 (over 5 Years)
Premium to Seller – AED 301,120

Total Sale Price – AED 1,175,000 (Negotiable)

Sellers/Landlords

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PROPERTY FEATURES:
-Balcony
-Basement parking
-Broadband ready
-Broadband ready
-Built in wardrobes
-Community View
-Covered parking
-Fully fitted kitchen
-Gymnasium
-Intercom
-Kitchen white goods
-Landscaped Garden
-On low floor
-Pets allowed
-Satellite/Cable TV
-Shared swimming pool
-Steam room
-Storage room
-View of gardens
-View of sea/water
-Bank/ATM Facility
-Beach Access
-Bus services
-Children’s play area
-Communal gardens
-Fitness Center
-Marina Berth
-Mosque
-Public park
-Public parking
-Public transport
-Recreational Facilities
-Restaurants
-School
-Shopping mall
-Shops
-Sports academies
-Tennis courts
-Walking Trails

Details

  • ID:
    HU-S-13190
  • Size:
    796.54 sq. ft
  • Rooms:
    1
  • Beds:
    1
  • Baths:
    2
  • Parking:
    1
  • Price:
    AED 1,175,000
  • Status:
AED 70,000
Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance