Offer is ~60% below developer's current price and ~40% below real market price.
Developer: Schon Properties (from PAKISTAN). _______________ Very distress offer in Schon Business Park (Dubai Investment Park). AED 700 per sqft. (original price was AED 750 in April 2007). Current usual asking prices are AED 1,200 and above. Details: 8 offices plus 13 parking slots. Location - 2nd floor of Schon Business Park. Offices have a great view and are considered as premium units. Total area - 13,708 Sq. ft. Bought in April 2007 Original Price - AED 750/sqft (total AED 10,281,000) Sales Price (all in) - AED 700/sqft (total AED 9,595,600) 25% paid 25% due now 50% due on completion (Apr 2010) Construction has started (can be verified) About project: http://www.schonproperties.com/home/featured_projects/schon_business_park.as px PAYMENT PLAN: Now: AED 4,455,100 On completion (spring 2010): AED 5,140,500 With very best regards Margus Kaosaar Zion Real Estate Mob: +971 50 2823092 Tel: +971 4 4301073 e-mail: mar...@zion.ae --~--~---------~--~----~------------~-------~--~----~ Group Moderator: Yasser Kavousi (050-6851473) To post to this group, send email to businessbay-properties@googlegroups.com You received this message because you are subscribed to the Google Groups "Business Bay Properties" group. To unsubscribe from this group, send email to businessbay-properties-unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/businessbay-properties?hl=en -~----------~----~----~----~------~----~------~--~---