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Ocean Heights - Dubai Marina |
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Ocean Heights
Ocean Heights is a freehold condominium project coming at the entrance of in Dubai Marina with easy access to beachfront luxury hotels, shopping arcades, golf courses, beach clubs and other leisure facilities in the vicinity. It will consist of 600 luxury apartments, the luxury residential tower. The tower graces the premium locales of Dubai earmarked for futuristic developments.
Project details
Location:
- At the entrance of Dubai Marina
- Easy access to nearby beach-front luxury hotels, shopping arcades and other leisure facilities such as the Wild Wadi water amusement park.
Service:
- 24 hour security
- concierge desk
- professional housekeeping services
- ample parking space for the residents
Leisure facilities:
- Superbly fitted outdoor leisure deck
- temperature controlled swimming pool
- a large gymnasium fitted with the latest equipment, sauna, and steam room
- games room
- children’s play area
Indicative prices:
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AED |
USD |
GBP |
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Starting from |
Starting from |
Starting from |
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1 Bedroom |
1,091,000 |
297,275 |
153,662 |
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2 Bedroom |
1,852,000 |
504,632 |
260,845 |
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3 Bedroom |
2,999,000 |
817,166 |
422,394 |
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4 Bedroom |
4,635,000 |
1,262,943 |
652,817 |
Conversion rate used 1 GBP = 7.10 AED, 1 USD = 3.67 AED |
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Payment terms
Deposit |
10% |
Immediate |
1st Installment |
10% |
Within 30 days of reservation date |
2nd Installment |
10% |
Within 120 days of reservation date |
3rd Installment |
10% |
Within 120 days from 2nd Installment due date |
4th Installment |
10% |
On completion of Parking Podium |
5th Installment |
10% |
On completion of 20th Floor structure |
6th Installment |
10% |
On completion of 40th Floor structure |
7th Installment |
10% |
On completion of 60th Floor structure |
8th Installment |
10% |
On completion of the Structure |
9th Installment |
10% |
On completion date (expected date: June 2008) |
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Expected rent income as percentage of investment: 25% over the first three years.
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