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Dubai Sports City Property |

Oasis Tower 2 - Dubai Sports City

Located in the heart of Dubai Sports City offering excellent golf views, Oasis Tower 2 offers the luxury and comfort of high class living within this vibrant setting. Oasis Tower 2 boasts impressive golf views that are very much in demand within Dubai Sports City, creating a peaceful and relaxing atmosphere for residents as well as offering the chance to indulge in the various sporting activities Dubai Sports City has to offer. Oasis Tower 2 consists of 15 floors each with studios, 1 bedroom apartments, 2 bedroom apartments and 3 bedroom executive apartments. Oasis Tower 2 is unique offering you flexible ownership options: Option 1 - Owner of the unit keeps the units for his personal use or any other use within the guideline of the tower. Option 2 - The rent shall be on a yearly basis and a lease contract shall be agreed to in writing between the parties. The rent shall be equivalent to 8% of the Purchase Price of the Unit. The management of the unit shall be the Purchaser’s responsibility. Should Purchaser decide to proceed with this option, developer guarantees to rent the Unit for three years. Option 3 - Developer shall lease the Unit to third parties on behalf of the Purchaser. The leases shall be for short terms (daily, weekly, or monthly). The collected rents shall be distributed as follows: The net income after deduction of utility charges will be divided between the Purchaser and OGV; 65% to the Purchaser and 35% to OGV. The utility costs are currently estimated at 5 to 10% of the rent income. The Purchaser may book the unit for 1 month per annum for personal use.

Completion Date: May 2010

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Prices From AED 1,081,000

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