Full Building For Sale

 
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Full Building For Sale Completion in 2010.
Detail of total saleable and payment schedule as follows:
Total saleable area: 66,527. 6 Sq. Ft
Original purchase price: 68,364,865/- (AED 1,028/ Sq. Ft)
Selling price: 99,791,400/- (AED 1,375 / Sq. Ft)
Payment schedule:
10% of original price: AED 6,836,509. 23
Premium: AED 23,085,077. 2 (note we had purchase this building from secondary market @ 1,147 Sq. Ft)
Total: AED 29,921,586. 43

Balance payment schedule:
July 2008 10% AED 6,836,509. 23
Nov 2008 10% AED 6,836,509. 23
Mar 2009 10% AED 6,836,509. 23
July 2009 10% AED 6,836,509. 23
Nov 2009 10% AED 6,836,509. 23
Mar 20010 15% AED 10,254,763. 85
On completion 25% AED 17,091,273. 08
Total 90% AED 61,528,583. 08
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