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| DAMAC is about to launch BURJSIDE BOULEVARD, adjacent to “ BURJ DUBAI” - World Tallest Tower - and “ THE DUBAI MALL” - World Biggest Mall -. THE LAUNCH WILL BE ON 23 MARCH 2008. EXPRESSIONS OF INTEREST TOGETHER WITH FULLY REFUNDABLE CHECKS ARE BEING COLLETED NOW!!! Burjside Boulevard: Serviced Apartments Burjside Boulevard will be located in Business Bay in very close proximity to the newest Dubai landmark and tallest building in the world, "Burj Dubai" as well as the worlds largest upcoming mall (The Dubai Mall). The center-piece of the region’s most prestigious urban development to date, Burj Dubai represents the apogee of lifestyle distinction, which will be a powerful tourist magnet that will catapult Dubai into the global limelight. Encompassing the magnificence of the Burj Dubai, the splendor of The Dubai Mall, the charm of The Old Town and the living refinement of The Residences all in close proximity, this “city within a city” will be the leading model for world class lifestyles in the 22nd century. The Boulevard Combining vast open waters, large green spaces and a striking landscaped entrée to the development, the Boulevard provides antidote to the stresses of life. Here people can walk laze in the sunshine, play sport, go boating or even take one of the waters taxis across Burj Dubai’s lake to meet friends. 3 Options Available to Buyers 1. Invest & Live the Luxury Buyer owns and lives in the apartment 2. Invest and Earn Buyer hands over the apartment to Rental Pool Operator (DAMAC or other) to manage it fully on his/her behalf. The buyer will receive a share of the income obtained by the Operator as a result of renting various apartments. 3. Invest, Earn and Holiday In addition to benefits as per Option-2, the buyer can choose to stay in the apartment (need not be his own, but a similar apartment) for a continuous period of 4 weeks in a calendar year. Buyers need to choose the option at the time of reservation. Option to change will be offered 6 months prior to project completion. Options 2 & 3 will require a min. of 3 year lock-in. Costs (Indicative) Service Fees Maintenance Charges* (AED / sqft / p.a.) Option 1 16 15 Option 2 28 15 Option 3 36 15 Apartment Owners will be liable to pay both the Maintenance and Service Fees, annually in advance. The fees indicated are estimates only, and subject to verification and annual audit, and subject to change without notice. Surplus / deficit, if any, will be debited / credited to the Owner’s account. Service Fees includes Full apartment clean – thrice a week Laundry and replacement of bed linen and towels – twice a week Bouquet of television channels Electricity & Water Usage in the apartment Management Fee Insurance of standard household inventory items Maintenance Fees includes Public and Common area maintenance (internal & external) Security Services Concierge Services Reserve fund for external maintenance Municipal taxes (if any) Administration expenses Auditors fees Facilities Available for the Apartment Owners Swimming Pool Gymnasium & Health Club Jogging Track Children Play Area Multi-Purpose Function Hall Restaurant Lounge Parking Details of Development Basement Parking Ground Reception + Retail + Parking Floor 1 Retail + Parking Floor 2 Parking Floor 3 Fitness Centre + Parking Floor 4 Restaurant & Leisure Facilities Floor 5 to 36 Furnished Service Apartments Approx. Saleable Area/Flr 9814 sq.ft. Approx. Price/sq.ft. 2.900 AED and up… Expression Of Interest Refundable deposits are: · Full Floor = AED 200,000/- · Half Floor = AED 100,000/- · Quarter Floor = AED 50,000/- · Single Unit = AED 10,000/- |
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