DOCSLIB.ORG

Market Data Report # 43237 | 2018-05-03

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Market Data Report # 43237 | 2018-05-03 The UAE's only data platform offered by accredited property professionals Area Pricing Report Date: 03 May 2018 Fahd Dawood, Keller Williams Real Estate LLC To: Fahd Dawoods VIP Clients Property: Jumeirah Golf Estates Search Criteria: Jumeirah Golf Estates www.propertymonitor.ae The UAE's only data platform offered by accredited property professionals Jumeirah Golf Estates Set across 1,119 hectares of lush green landscape, Jumeirah Golf Estates, is an unrivalled residential and leisure destination, offering attractive investment opportunities and world- class amenities. Combining a neighbourhood environment with world-class facilities, Jumeirah Golf Estates currently comprises of 16 unique communities, which overlook two of the world’s finest golf courses, Earth and Fire. Each individually designed villa, apartment and townhouse is more than a residence; it is an ideal home in its own right. As host of the annual DP World Tour Championship and home to the Middle East’s only European Tour Performance Institute (ETPI), Jumeirah Golf Estates rivals the best golfing destinations in the world. ETPI is a state-of-the-art performance enhancing facility, specifically designed to improve the abilities of all golfers, from novice to advanced level. The Clubhouse boasts luxurious facilities including dining and entertainment options, a swimming pool and changing rooms as well as a lounge and retail store. Jumeirah Golf Estates is located in the heart of new Dubai. Just 15 minutes from Dubai Marina and minutes away from the site of Dubai Expo 2020 and Al Maktoum International Airport, residents are immersed in the tranquillity and luxury of the estate, whilst having the buzz of one of the world’s most dynamic cities on their doorstep. With a dedicated metro stop in the pipeline, Jumeirah Golf Estates is the perfect location for homeowners and property investors alike. www.propertymonitor.ae The UAE's only data platform offered by accredited property professionals Jumeirah Golf Estates Nearby Schools Name Address Distance IDEA ELC Dubai Sports City, Victory Heights - Dubai 2.67 KM Victory Heights Primary School Dubai Sports City, - Dubai 2.8 KM The Wonder Years Nursery Motor City,Dubai Sports City 2.9 KM The Study Room Child Skills Development Training Mediterranean Building, Canal Residence West - Dubai 2.9 KM Day care Jumeirah Village Triangle - Dubai 3.07 KM P.O 24857 - Jumeirah Village Triangle , District 2, Street 5 - Sunmarke School - SMS, Dubai 3.24 KM Dubai Jumeirah International Nursery (JINS 4) - JVT P.O 24857 - Jumeirah Village Triangle , District 2, Street 5 3.26 KM Branch (Sunmarke School), Dubai Arcadia Preparatory School Jumeirah Village Triangle - Dubai 3.45 KM Nibras International School Dubai Dubai Investment Park 1 3.53 KM Tiny Town Nursery Ritaj - D57 - Dubai 3.6 KM Ground Floor,Al Bayan Business Park building, Dubai Chubby Cheeks Nursery 3.72 KM Investments Park, Opposite Al Warood School Emirates British Nursery Sheikh Mohammed Bin Zayed Road (E311 Road) - Dubai 4.16 KM Greenfield Community School Dubai Investment Park - 1, Near Dubai Lagoon 4.42 KM Kinderville Early Learning Centre, Dubai 4.51 KM Investments Park The Children's Garden Green Community Green Community West - Dubai 4.53 KM Building Blocks Nursery and Child Enrichment G11,Apex Atrium Bldg,Motor City 4.58 KM Centre The International School of Choueifat Dubai Investments Park Dubai Investments Park 1 4.59 KM Raffles Town Center Nursery Dubai 4.87 KM GEMS Metropole School, Motor City Honsho Road, Uptown Motor City 4.95 KM Dubai British Foundation 1st Road, Jumeirah Islands 4.95 KM www.propertymonitor.ae The UAE's only data platform offered by accredited property professionals Jumeirah Golf Estates Landmark 8.05 KM 10.68 KM 12.1 KM Hamdan Sports EXPO 2020 Site Dubai Marina Complex 4.08 KM 22.79 KM 13.65 KM IMG World of Motor City Jebel Ali Adventures 23.97 KM 23.66 KM 3.12 KM Sports City & Dubai Dubai Parks & Resorts Dubai Cycling Course Swimming Academy 20.63 KM 11.59 KM 30.73 KM Downtown Dubai Global Village DXB 14.8 KM 21.37 KM 11 KM Al Maktoum Dubai Mall Mall of the Emirates International Airport 30.07 KM 8.82 KM Mirdif City Centre Ibn Battuta Mall www.propertymonitor.ae The UAE's only data platform offered by accredited property professionals Publicly Available Data Government Transfers While government transfer data represents factual, completed transactions, it only specified the master community (e.g. Arabian Ranches or Dubai Marina) where a transaction occurred, and not a sub-community (e.g. Al Reem) or building (The Torch). While the date for these records is always the final transfer date, the actual market that these prices represent could vary. In most cases, the time between signed agreement (where price is established) and transfer is only 30-45 days, but in others it can be more significant. GOVERNMENT TRANSFERS - JUMEIRAH GOLF ESTATES, DUBAI Plot Built- Price/ Evidence Date Sub Location Beds Size Sales Price Floor Level Views up Area Sq ft Area 02 May 2018 Jumeirah Golf Estates - - 1,911 2,567,003 - 29 Apr 2018 Jumeirah Golf Estates - - 1,447 1,679,000 - 25 Apr 2018 Jumeirah Golf Estates - - 5,988 4,850,000 - 25 Apr 2018 Jumeirah Golf Estates - - 1,506 1,773,000 - 25 Apr 2018 Jumeirah Golf Estates - - 2,197 2,176,000 - 22 Apr 2018 Jumeirah Golf Estates - - 17,481 8,019,000 - 18 Apr 2018 Jumeirah Golf Estates - - 1,447 1,679,000 - 17 Apr 2018 Jumeirah Golf Estates - - 39,161 6,173,754 - 17 Apr 2018 Jumeirah Golf Estates - - 2,820 3,577,000 - 11 Apr 2018 Jumeirah Golf Estates - - 1,542 2,168,000 - G+1 11 Apr 2018 Jumeirah Golf Estates 4 - 1,911 2,500,000 - G+1 09 Apr 2018 Jumeirah Golf Estates 6 - 7,535 6,500,000 - G+1 08 Apr 2018 Jumeirah Golf Estates 6 - 9,370 6,000,000 - G+1 05 Apr 2018 Jumeirah Golf Estates - - 45,118 16,930,529 - G+1 05 Apr 2018 Jumeirah Golf Estates - - 61,012 12,951,869 - G+1 05 Apr 2018 Jumeirah Golf Estates 4 - 1,911 2,407,279 - G+1 www.propertymonitor.ae The UAE's only data platform offered by accredited property professionals About Keller Williams Real Estate LLC Founded on the principles of trust and honesty, Keller Williams emphasizes the importance of having the integrity to do the right thing, always putting your needs first. We firmly believe that our success is ultimately determined by the legacy we leave with each client we serve. www.propertymonitor.ae The UAE's only data platform offered by accredited property professionals About Property Monitor Property Monitor is a real estate intelligence platform established by property consultant, Cavendish Maxwell, in 2014. Property Monitor provides real-time, real estate market transactional data and trends. Working with governments, agencies, banks, developers, consultancies and corporate investors, Property Monitor provides deeper insight into real estate advisory, investment and lending activities. About Cavendish Maxwell Cavendish Maxwell is a highly respected independent firm of chartered surveyors and property consultants, focusing on property services throughout the Middle East and Africa. Established in 2008, we now have one of the largest valuation teams in the region and are recognised by many as having the fastest turnaround times in the market. As panel valuers for over 40 major banks across the United Arab Emirates and a broad portfolio of private and local clients, we have extensive experience in all seven emirates. About this report This report offers comparable market evidence and agent opinion, based on transactional data the real estate agent selected to represent in this report. www.propertymonitor.ae.
Load more

Recommended publications
  • UAE Star Network.Pdf
    STAR NETWORK UNITED ARAB EMIRATES Direct Billing Treatment allowed in the below facilities Medical Center Location Contact No Specialty ABU DHABI (+971 2) Abu Salman Medical Center Mussafah Shabiya Khalifa Sector 10 02-552 2549 GP & Dental 1st Floor Al Otaiba Building, First Sayed Adam & Eve Specialized Medical Center 02-676 7366 Dental Street Villa No. 6, Block 42-Z12, Mohd Bin Zayed Add Care Medical Centre 02-555 5599 Multispecialty City Advanced Center for Daycare Surgery 1st Floor Jasmine Tower, Airport Road 02-622 7700 Multispecialty Al Khaleej Al Arabi Street, Mohammed Bin Advanced Cure Diagnostic Center 02-667 5050 Multispecialty Mejren Building Advanced Cure Diagnostic Center - 32nd Street, Al Bateen Area, 4th Villa 02-410 0990 Multispecialty Branch Aesthetic Dental Centre LLC Electra Street, Al Markaziya 02-632 4455 Dental Ahalia Hospital Hamdan Street, opposite Bank of Baroda 02-626 2666 Multispecialty Emirates Kitchen Equipment Bldg, Flat 30, Ailabouni Medical Center 02-644 0125 Multispecialty Al Salam Street Al Ahali Medical Centre Muroor Road 4th Street, Khalfan Matar 02-641 7300 Dental Al Ahli Hospital Company Branch-1 Liwa Road, Mussafah 02-811 9119 Multispecialty Electra Street, Naseer Al Mansoori Bldg., Al Ameen Medical Centre 02-633 9722 Multispecialty First Floor, Flat #103 Laboratory and Al Borg Medical Laboratory for Diagnostic 1st Floor, Bin Arar Building, Najda Street 02-676 1221 Diagnostics Al Daleel Dental Clinic Al Khaili Bldg., Defense Street 02-445 5884 Dental Beda Zayed, Western Region, Industrial Al Dhafra Modern Clinic 02-884 6651 GP Area Al Falah Medical Center Elektra Street 02-621 1814 Multispecialty Al Hendawy Medical Center 4F & 10F ADCB Bldg., Al Muroor Road 02-621 3666 Multispecialty Al Hikma Medical Centre LLC Hamdan Street, Abu Dhabi 02-672 0482 Multispecialty Al Hikma Medical Centre LLC Branch 1 Mushrief Area, Al Khaleel Street 02-447 4435 Multispecialty Network List is subject to change.
    [Show full text]
  • 14Projects 13Growth
    Investalk 2017 THIRD QUARTER Abdulaziz Bin Yagub Emirates Glass awarded Al Serkal, GM of mega projects worth Dubai Investments AED 100 million 06 INTERVIEW 14 PROJECTS 4.5 billion DIRC announces DI real estate sale of units in projects Nasayem, Janayen 10 GROWTH 15 PROJECTS MODUL University Long-term case Dubai empowers for Middle East with paid internships Equities 12 GROWTH 17 FINANCIAL VIEWPOINT Al Mal Capital DI aligns with distributes UN Sustainable dividend Development Goals 13 GROWTH 21 SUSTAINABILITY PAGE 2 THE INSIDE VIEW Manufacturing of primarily Building Material Products has been one of the core focus areas for Dubai Investments since its inception, and the sector has witnessed a strong growth push. The Company’s manufacturing assets, comprising nearly 18% of its total asset mix, has grown close to AED 3 billion with a diversified presence, be it in building materials, aluminium or steel industries. Dubai Investments has been one of the first movers in the UAE manufacturing sector since the late-1990s, when industrial activity was still in its infancy. In these two decades, Dubai Investments has not only made significant contribution to the UAE’s non-oil Gross Domestic Product [GDP], but has also prioritized some of its manufacturing activities in line with the UAE Vision 2021 and Dubai Industrial Strategy, which form the These projects, coupled with plans to open main pillars of the Country’s and the its Emiroll aluminium rolling joint venture in Company’s sustainable growth plans. KIZAD Abu Dhabi, will accelerate the Company’s growth trajectory in the To achieve this phenomenal growth, the manufacturing domain, further enhance commitment to quality and innovation has profitability and increase the overall been pivotal at Dubai Investments.
    [Show full text]
  • A N N U a L R E P O
    ANNUAL2020 REPORT TABLE OF CONTENTS Chairman’s Message 6 2020 in Brief 8 Equitativa’s Report 52 REIT in Brief 10 Corporate Governance 56 AT A GLANCE GOVERNANCE Emirates REIT Portfolio 11 Oversight Board Report 58 Portfolio Occupancy 12 Shari’a Compliance Certificate 60 1 Income and Earnings 13 3 Independent Auditor’s Report 66 Statement of Financial Position 73 Market Ovierview 16 Statement of Comprehensive Income 74 Commercial 24 FINANCIAL PORTFOLIO STATEMENTS Statement of Changes In Equity 75 Education 40 Statement of Cash Flows 76 2 4 Notes to the Financial Statements 77 2 3 AT01 A GLANCE Chairman’s Message 6 2020 in Brief 8 REIT in Brief 10 Emirates REIT Portfolio 11 Portfolio Occupancy 12 Income and Earnings 13 5 AT A GLANCE CHAIRMAN’S MESSAGE 2020 witnessed unprecedented times, with • The REIT is not receiving the value originally CHAIRMAN’S particular uncertainty and challenges impacting envisioned by listing on the stock market with the Real Estate market worldwide. Emirates REIT accounting for up to 96.8% of trading volumes of the market in recent months MESSAGE Given the uncertain and evolving environment and should proceed with a delisting; in which we have been living and working, • The REIT and Houlihan Lokey are assessing how I am pleased to be able to report that the to address the Sukuk maturity, which falls in Equitativa team’s actions have been critical in December 2022. delivering on short-term strategic priorities to support our long-term underlying purpose: to In line with such recommendations, the REIT curate a portfolio of real property assets that Manager has offered to reduce its management produce regular revenue.
    [Show full text]
  • Dubai Investments Breaks Ground on 'Mirdif Hills'
    Investalk 2017 FIRST QUARTER Dr Rashid Abdulla Al Dubai Investments Haji, General Manager of breaks ground on Properties Investment Mirdif Hills project 06 INTERVIEW 17 EVENTS Residential Property Yields across the world cities – H1 2016 UAE banking sector tops Real Estate offers in Gulf with assets worth competitive US$771 billion yields 08 UAE NEWS 20 FINANCIAL VIEWPOINT Dubai Investments joins DIP grows with forces with subsidiaries 100 new for sustainability companies 11 GROWTH 21 SUSTAINABILITY DII concludes Switchable investments in projects Privacy worth AED 1.1 billion Glass 13 PROJECTS 22 PRODUCTS PAGE 2 THE INSIDE VIEW community at large. As a corporate or as individuals, as UAE nationals or as expatriates, employees of Dubai Investments and its subsidiaries have consistently lent a helping hand in programs on humanitarian support, community philanthropy, environment sustainability, social responsibility, volunteer work or nation building. The corporate ethos at Dubai Investments is to play a responsible role in the society and the company resolves to take this community outreach to the next level with concerted initiatives and programs. Having said this, the company’s giving and sharing philosophy is not limited to 2017 alone. Neither is the company looking at limiting its support to just financial assistance UAE’s leadership has designated 2017 as the to institutions or initiatives. Dubai Year of Giving – with a strong focus on Investments believes that CSR is about doing helping others, promoting philanthropy and good business and creatively addressing humanitarian work to support the significant issues that face business and underprivileged and vulnerable. The society, and not just feeling good.
    [Show full text]
  • Network List Is Subject to Change
    The below Network list is subject to change. For Any Query, please contact your HR or refer to the 24/7 NEXtCARE care center dialing 04- 270 8800 to request any update on the providers list. Type Provider Name Address Contact Number Clinic Al Farabi Medical Center L.L.C. (Ex: Al Farabi Medical Clinic) Al Ain Main St. AAN 7515383 Clinic Al Dhahery Clinic Main street Central district, Al Ain 7656882 Clinic Al Meena Medical Centre Aminahamda, near UAE Exchange, Aboobacker Sidhiq Road, Main Street 7800762 Clinic Al Noor Medical Center - AAN Main St., near Murabba round about, Al Ain 7662072 M-2 Lucky Plaza Bldg., nr. Hayath Center, Zayed Bin Sultan St.,, Murabba new signal, Al Clinic Al Raneen Medical Center - AAN 7655602 Ain Clinic Emirates Clinic & Medical Services Centre Al Ain Main St., AAN 7644744 Clinic Hamdan Medical Centre Hilton Street 7654797 Clinic Sultan Medical Centre - AAN Al Ain Sheik Zyed Bin Sul St. Mohd Sultaan Al Nyadi Building 7641525 Clinic Al Ain Cromwell Medical Center-Al Hayar Ramlath 7321119 Clinic Al Ain Cromwell Medical Center-Al Hili Misbaha 7845551 Clinic Al Ain Cromwell Medical Center Building 46, Al Riffa 7817778 Clinic Aaliya Medical Centre Above Al Manama HyperMarket,opp Kuwait hospital,Al Shaab Buldg. 7475599 Clinic Access Medical Center (Br of DM Healthcare) LLC Al Hamrain Souq, Shop No. 13, Ajman Industrial area 1, Near Nesto Hypermarket 7404778 Flat # 202, 2nd Fr, City Mart Bldg, Opp to Ajman Municipality, Sheikh Rashid Bin Clinic Advanced Medical Centre-Ajman 7459969 Humaid Street, Al Bustan, Ajman Clinic
    [Show full text]
  • News Brief #38 Sunday 22 September 2013
    ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION NEWS BRIEF #38 SUNDAY 22 SEPTEMBER 2013 RESEARCH DEPARTMENT DUBAI | ABU DHABI | AL AIN | SHARJAH | QATAR | JORDAN IN THE MIDDLE EAST FOR 28 YEARS © Asteco Property Management, 2013 asteco.com | astecoreports.com ASSET MANAGEMENT SALES LEASING VALUATION & ADVISORY SALES MANAGEMENT OWNER ASSOCIATION REAL ESTATE NEWS UAE Contracts worth Dh1.5bn cleared for housing projects Ritz-Carlton interested in UAE expansion after new Abu Dhabi hotel success Dusit Thani hopes to increase UAE presence DUBAI Mohammed issues decree establishing 'Rental Disputes Settlement Centre' in Dubai DMCC is now UAE's largest free zone New project on sale in Downtown Dubai: Prices starting at Dh1m Changing face of Dubai’s realty projects Final set of villas released at Sanctuary Falls 98% of units sold at Viceroy Dubai Palm Jumeirah Dubai's JLT, Marina, Jumeirah Islands face water issues DAMAC Maison introduces Privé - Time is Running Out for best waterfront hotel apartments in the Burj Area, Dubai Arady Developments Announces Successful Sale of All Phase-I Residential Units Offered at Central Park Sales Event Abyaar Receive Apartments Building and Ready to Lease Emaar launches serviced residences in The Address Residence Fountain Views III in Downtown Dubai StanChart, ENSHAA ink $69m financing deal NORTHERN EMIRATES Ras Al Khaimah reaps the benefits of affordable luxury as international hotel groups move in QATAR Experts warn of low-cost homes crisis in Qatar KSA New Radisson Blu
    [Show full text]
  • Thank You for Choosing the Dubai Explorer Pass!
    Thank you for choosing the Dubai Explorer Pass! This packet contains your admission pass(es) Your pass is required for admission at each attraction. Please print it out, carry it with you and retain it after each visit. NOTE: Please have passes for each member of your party ready to be scanned when you visit each attraction. How to use your admission pass Every pass has a unique code. A representative at the attraction will scan the code on each traveler’s pass, granting you admission. Be aware of admission policies Please read attraction information for hours, closings, and special admission instructions. Attractions with the symbol require reservations. Attractions displaying require you to pick up tickets at a separate location. Pass expiration Visiting your first attraction activates your pass. Then, you have 30 calendar days to use your pass. You may only visit each attraction once. You have one year from the purchase date to begin using your pass. Need help? If you lose your pass, reprint it at any time from your order confirmation email, or by using Order Lookup at smartdestinations.com. Explorer Pass Guidebook Included Attractions 1 Hop-On Hop-Off Big Bus Dubai Tour: 1-Day Ticket Getting in: Easy boarding! Hop-on at any Big Bus stop. Show your pass to a Big Notes: Bus staff member at any included stop. Click here to download a list of Big Bus stops. Your You may redeem your pass for a Big Bus ticket only once per life of card. pass includes the City Tour (Red Route), Beach Tour (Green Route), and Marina Tour The hop-on hop-off sightseeing bus tour is a great way to get acquainted with the city, but should not be relied (Blue Route).
    [Show full text]
  • Thank You for Choosing the Go Dubai Card!
    Thank you for choosing the Go Dubai Card! This packet contains your admission pass(es) Your pass is required for admission at each attraction. Please print it out, carry it with you and retain it after each visit. NOTE: Please have passes for each member of your party ready to be scanned when you visit each attraction. How to use your admission pass Every pass has a unique code. A representative at the attraction will scan the code on each traveler’s pass, granting you admission. For special offers at shops and restaurants, show your pass to your server or cashier. Be aware of admission policies Please read attraction information for hours, closings, and special admission instructions. Attractions with the symbol require reservations. Attractions displaying require you to pick up tickets at a separate location. Pass expiration Visiting your first attraction activates your pass. Then, your pass is good for the number of consecutive calendar days you purchased. You have one year from the purchase date to begin using your pass. Need help? If you lose your pass, reprint it at any time from your order confirmation email, or by using Order Lookup at smartdestinations.com. Go Dubai Card Guidebook Included Attractions Dubai Attractions 1 At The Top - Burj Khalifa Getting in: Present your pass at any of the reception counters located on Lower Ground Notes: Floor, At The Top entrance, opposite the Food Court, The Dubai Mall. You’ll receive a timed You may redeem your pass for a Burj Khalifa ticket only once per life of card. ticket for admission to the Burj Khalifa.
    [Show full text]
  • DUBAI Abu Dhabi National Exhibition Centre Exhibition Centre 31
    Nr. 28 MAI · JUNI 2011 Glashütte Original – 165 years of watchmaking art. Senator Chronometer Mai · Juni 2011 125 Jahre Automobil Und viele ganz persönliche Geschichten Traumurlaub am Meer Die besten Strände in den Emiraten Passionately Swiss Interview mit dem Generaldirektor des Mövenpick Hotel Jumeirah Beach Vier Wochen T-Shirt statt Tracht Arbeit und Freizeit von 20 emiratischen Austauschschülern in Deutschland Motor der Wirtschaft mit viel Herz für Kultur Stuttgart Spezial Stuttgart Spezial The Senator Chronometer. Certified German precision and innovative technique in a classic elegant design. Its Caliber 58 manual winding movement boasts the finest mechanics, hand-crafted in Glashütte Original’s time honored watchmaking tradition. Find out more about us at www.glashuette-original.com. More information available at Glashütte Original Middle East, Emirates Towers, Dubai, UAE. Tel: +971 4 3300455 28 Nr. Motor der Wirtschaft mit viel Herz für Kultur Foto: Daimler AG Cover_0311.indd 1 19.04.11 17:20 Anz.Anz. Discover Discover Me Me / / H H 280mm 280mm W W 232 232 mm mm KlinikumKlinikum Stuttgart: Stuttgart: MedizinischeMedizinische Versorgung Versorgung Erster Erster Klasse Klasse VorsorgeVorsorge ist ist die die bessere bessere Medizin Medizin Check-upCheck-up Premium Premium plus plus Magen,Magen, Darm Darm und und Herz Herz im imFokus Fokus DasDas deutsche deutsche Gesundheitssystem Gesundheitssystem hält hält international international eine eine Spitzenposition Spitzenposition – – InklusiveInklusive der der Leistungen Leistungen
    [Show full text]
  • Acquisition of Warehouses in Dubai Investments Park
    Acquisition of Warehouses in Dubai Investments Park An opportunity to invest in a portfolio of income-generating warehouse units located in Dubai Investments Park June 2016 For discussion purposes only and is subject to legal & tax advice www.rasmala.com Investment Details • Acquisition of 72 warehouses constructed in 2014 Jebel Ali Free Zone (JAFZA), a major sea port and • The passing rent on the Lease will be AED 22.24 subject to a ground lease granted in October 2014, business hub. million per annum (p.a.), increasing to AED 23.63 with a remaining term of 84 years. million p.a. from June 2020. • The Property will be let to Fujairah National • The ground lease is granted by the Dubai Investments Construction Company LLC (FNC) by way of a triple • The agreed purchase price is AED 278 million, of Park Development Company LLC (DIPDC) and net lease (“Lease”) between JAFZA Co (lessor) and which 70% will be financed with Shari’a compliant debt includes 8 buildings comprising a complex of 72 FNC (lessee). The Lease will run until 22 June 2023 for a term of 7 years. warehouses with a total built-up area of 595,843 sq.ft. (7 years) and FNC will be responsible for paying the (“Property”). ground lease rent, service charges, insurance and • The expected cash dividend yield for investors is 10% maintenance costs to DIPDC. Warehouses have been p.a. over an expected investment term up to 7 years. • The Property is located in Dubai Investments sub-let to a diverse group of over 30 tenants, including Park (DIP), a self-contained mixed-use industrial, Bateel, Lifestyle, Al Ain Food and Beverages, K Flex • The JAFZA Co will have an option to sell the Property commercial and residential complex, to the east of Manufacturing and Stengulf.
    [Show full text]
  • Company Profile the Perfect Blend of Art + Science from the Founders Owner’S Profiles
    AUTOMATION SERVICES & RENTALS EU, USA, DUBAI, CHINA | EZ-AXIS.COM COMPANY PROFILE THE PERFECT BLEND OF ART + SCIENCE FROM THE FOUNDERS OWNER’S PROFILES WE HAVE A LOVE/HATE RELATIONSHIP WITH AUTOMATION GERT JAN BROUWER, FOUNDER ROBERT W. DEAN, FOUNDER SHANE MANNING, MANAGING DIRECTOR, DUBAI MARTIJN BEVERWIJK, MANAGING DIRECTOR, CHINA In 1998 Gert Jan founded Frontline Rigging and Robert, Las Vegas native, had his first experince Hailing from the beachside town of Wollongong, Martijn grew up right next to a lighting, sound, Neither of the founders, Gert Jan Brouwer and Robert Dean, formed eZ-Axis because Motion. During the last decade he has become with automation and performer flying at the Shane is an Australian native (well, born and bred and rigging company. He spent his youth playing they love automation (which they do) but instead because they hated dealing with the especially interested in the mechanical and impressionable age of 17. From that first there - not an Aboriginal) who did the usual Aussie football with the roadies, washing company cars, deficiencies of other suppliers or manufacturers’ products, machines, devices, and safety aspects of rigging. Because of our mutual experi ence way back in 1989 he found his life’s backpacker thing and left home at the age of 21 and pushing cases in and out of trucks. By 1995 systems. Learning from others (and occasionally their own) mistakes they created gear concerns for safety, it was a natural step to begin calling and has done it ever since. Starting out at with no idea or direction in life. He ended up in he worked his way up in the company from lighting a partnership between ZFX and Frontline to form the very bottom of the industry as an unknown London, England.
    [Show full text]
  • Press Release
    Press Release 28 September 2016 Emirates REIT to invest AED 88 million to build a new school in Dubai Investments Park Third school will increase REIT’s education sector portfolio to AE !0" million# 2$%$& of total portfolio Emirates REIT a'rees 28()ear lease with *ritish +olumbia +anadian School ,ew school de-elopment 'enerates stron' rental )ields and secures lon'(term cash .ow Emirates REIT (CEIC0 Limited (“Emirates REIT” or the “REIT304 the UAE’s first re'ulated Shari'a compliant real estate in-estment trust incorporated in the Dubai International Financial Centre (“DIF+”) and listed on ,AS A9 Dubai, announced today that it has ac:uired the interest on a 25,000 s:m leasehold land plot and will fund the de-elopment of a new school in Dubai In-estments Par<. The o-erall in-estment in the de-elopment of the school facilities is estimated to be AE 88 million% Emirates REIT ac:uired the interest on the leasehold land plot from the British Columbia Canadian School and immediately leased bac< the propert) to the school operator for a 28-)ear lease term4 pro-idin' an initial net income of 12% of the total de-elopment costs within the first year% Simultaneousl), the REIT entered into an Istisna agreement to fund the construction of the new educational facilities in two phases% The educational facilities will include a foundation, primar) and secondar) school, as well as a sports centre and an auditorium. The school will be constructed to the operator’s specifications o-er a built up area of 17,156 s:m% S)l-ain =ieu>ot4 +hief E?ecuti-e @f6cer of Emirates REIT Aana'ement /;ri-ate0 1imited4 saidB “This is Emirates REIT’s third school transaction and we are delighted to partner with the British Columbia +anadian School.
    [Show full text]