MD charges

Jumeirah Lake Towers Jumeirah Lake Towers consists of residences, offices and retail outlets developed around man-made lakes and waterways covering over 730,000 sq m (2.4 million sq ft); with man-made lakes covering 116,000 sq m (381,000 sq ft). So, with this sheer size and magnitude of the project, has it really been a success? Jumeirah Lake Towers is being completed in various stages, and some investors have already seen a good return on their investment. Are you one of them, or do you have a contradictory opinion? Share your views with others here.

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Claudio Offline

Junior Member

Posts: 1

Join Date: Jan 2008

MD charges - 12-01-2008, 11:58 AM

I`m considering of buying a flat in JLT. Does anybody know how much the Master Development maintenace charges would be?
Also, I`ve heard that for some towers (Palladium is one) there is a Initial Corpus Fund rate of 50 AED per sqft. What is that? Is it charged by all developers?
Thanks in advance

Claudio

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