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Omniyat unveils new payment plan for Dubai project

DUBAI, November 24, 2015

Omniyat, a leading privately-held real estate development group, has announced a flexible payment plan for its premium residential development, ‘The Sterling’ at Business Bay in Dubai, UAE.

The Sterling consists of two towers – The East House and The West House – offering fantastic views of the Burj Khalifa, Mohammed Bin Rashid City and The Creek, said a statement from Omniyat.

With a total of 336 premium apartments, each tower has a collection of studio, one- and two-bedroom apartments as well as a limited number of townhouses and exclusive penthouses.

Under the new plan, investors will be required to pay a 25 per cent down-payment on reservation, a further 25 per cent upon completion, a third instalment of 25 per cent six months after completion, and the final 25 per cent one year later.

The units at The Sterling will be ready for hand over in February 2018.

Unveiling the payment plan, Mark Phoenix, the managing director, said: "We are committed to offering our customers attractive and affordable deals to ensure they benefit from robust returns on investment."

"The market is crowded today with plans that offer different payment schemes, but Omniyat stands out in offering a flexible payment plan that has been tailored for investors seeking exceptional offers. We are confident that the new finance plan with The Sterling will encourage more buyers to invest in one of the most prestigious projects in the Downtown district," he added.-TradeArabia News Service
 




Tags: Omniyat | Dubai project |

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