I & M Tower

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Price and Payment Terms

OFFICESAREA IN SQ.M.AREA IN SQ.FT.PRICE PER SQ.FT.PRICE IN AED
46 floors75-173803-1 862800-1 100642 000-2 048 000
PAYMENT SCHEDULE
Booking - 10% of the purchase price
1st installment - 5% of the purchase price (after 3 months of the previous payment)
Quarterly installments – 7% of the purchase price (every 3 months until completion)
Final installment – 50% of the purchase price (upon completion – last quarter 2008) or the 50% can be refinanced through the developer with monthly re-payments over 7 years at the then prevailing mortgage interest rate.
years at the then prevailing mortgage interest rate