For Sale   >   United Arab Emirates Flag  United Arab Emirates   >  Abu Dhabi  >  Ash Shahamah
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  • AED1,307,506
  • (USD 356,000)
    •
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  • 2 bedrooms
  • House  2 bedrooms
  • For Sale 
  • Ash Shahamah
  • united arab emirates Flag United Arab Emirates
The Hydra Village is situated at the entrance of Abu Dhabi, approx. 5 minutes drive from Abu Dhabi Int. Airport, and 45 minutes drive from Jebel Ali Free Zone.
It offers the convenience of a self-sustained small-scale city with more then 2.000 houses, blended with the comfort derived by an uptown community.
The strategic location on the junction of the old and new Abu Dhabi highways makes it convenient for residents to commute either to Abu Dhabi or Dubai.
The gated community features recreational parks, health clinic, mosque, school and shopping amenities.
The project is under construction, completion is scheduled for end of 2014.
The house has Lounge, Kitchen, 2 bedrooms, 2 bathrooms, guest WC, garage.

Distances:
10 km to Abu Dhabi Int. Airport
65 km from Jebel Ali
75 km from Dubai Internet City and Marina

Rents in Abu Dhabi are expected to remain high, as there is a shortage of housing, and even the new units coming to the market will be less than the population growth.
Therefore the return of investment will remain high, usually above 10%.
Abu Dhabi does not have the `real estate bubble` and debt problems of Dubai, due to a moderate pace of real estate development. Further, Abu Dhabi`s economy is strong, as it has about 95% of the oil of the U.A.E.

Financial Details:
1) Selling price USD 357,000-)
2) Payable to seller at time of transfer USD 279,000-)
3) Payable to developer upon completion AED USD 78,000-)

Transfer formalities:
These will be quite simple. Both parties sign the transfer in the Hydra office in Abu Dhabi.
The buyer pays the seller the sum 2) at time of purchase in AED or equivalent USD or EUR.
This payment can be made in cash, or transfer to an account in UAE, Singapore, or Austria, at the choice of the buyer. Untaxed funds are acceptable.
A detailed lease agreement will be issued by Hydra before hand over.
The buyer can come to Abu Dhabi to do the transfer by himself, or appoint a representative (friend, lawyer, real estate agency) to do the transfer.
The Hydra Village is situated at the entrance of Abu Dhabi, approx. 5 minutes drive from Abu Dhabi Int. Airport, and 45 minutes drive from Jebel Ali Free Zone.
It offers the convenience of a self-sustained small-scale city with more then 2.000 houses, blended with the comfort derived by an uptown community.
The strategic location on the jun...
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