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Overview
In case you or any of your family members are averse to living in a high-rise apartment, you may prefer a residential complex constituting short-rise buildings. In other words, you should pick a dwelling unit in the elegant Dubai Lagoon that is set in a serene as well as a luxurious surrounding, forming part of the environment-friendly Dubai Investment Park.
The Project-Dubai Lagoon
Dubai Lagoon, a multistoried residential complex is located within the Dubai Investment Park (DIP) zone, which is a new and environment-friendly multipurpose (i.e., residential, recreational, business, and industrial) section forming part of Dubai.
About seventy five percent of Dubai Lagoon land is committed to roads, community facilities, landscaping as well as water-features such as waterfalls/fountains, pools, a water park and a lagoon. It boasts of two main highways, one school and a university, two five-star hotels, three freshly laid golf courses and a free hold zone business park established recently.
Location of the Dubai Lagoon Property
Set in a captivating, serene, and lush surrounding right behind Dubailand, this DIP development is easily accessible from Shaikh Zayed Road as well as from the new Emirates Road. The area, is also relatively close to Dubai Sports City, Global Village and the new airport.
Structure of the Dubai Lagoon Complex
The Dubai Lagoon complex is developed and managed by the Dubai Investments Park Development Company LLC, a wholly owned subsidiary of Dubai Investments. Spread over an area of 1.75 million sq ft of land, the low rise building complex comprises a mix of studios, one/two/three bedroom and penthouse apartments measuring 428 sq ft, 850 sq ft, 1450 sq ft, 1840 sq ft and 3400 sq ft respectively. The complex is expected to be ready for occupation by December 2007.
Features and Facilities
Various other features and facilities include the following:
- Round the clock security service.
- Central Air Conditioning with latest technology.
- Swimming pools with Jacuzzi.
- Health club and gymnasium with latest equipment.
- Tennis and squash courts.
- Saunas/steam baths.
- Adequate indoor/outdoor parking.
- Mosque.
- Super market.
- Restaurants/cafes.
- Laundry.
Pricing and Payment Plan
The approximate prices of different categories of the units are:
- Studio apartments - US$91,500.00.
- 1 bedroom - US$ 0.13 million.
- 2 bedrooms - US$ 0.22 million.
- 3 bedrooms - US$ 0.29 million.
- Penthouse - US$ 0.52 million.
(Parking extra: US$ 5450.00).
In a 7-year payment plan, 50% payment is required to be paid within the first twenty four months in easy quarterly installments and the balance is spread over a 60 months period in equal monthly installments. |
