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NBC unit unveils key Dubai community project

DUBAI, September 3, 2016

National Bonds Corporation (NBC), through its real estate arm, National Properties, has launched the second phase of Green Community MotorCity project in Dubai.

One of Dubai’s finest iconic developments, MotorCity offers residents and visitors a series of entertainment, recreational, educational and dining experiences as well as a diverse quality living and working environment, all within one uniquely designed development.

Commenting on the launch, CEO Mohammed Qassim Al Ali, said National Bonds is committed to continue its real estate investments in the UAE, with great confidence in contributing to the social and economic development adopted by the wise leadership of the country.

"Green Community is a significant component of the rich MotorCity community, as it provides a way of life within a secure environment comprising landscaped gardens, water features, cobblestone streets and walkways with natural greenery that further enhances the peace and tranquility provided," he noted.

According to him, the Green Community Phase Two will consist of stylish luxury townhouses. It will also feature the Casa Familia Townhouses, which are designed with high standards while maintaining the functionality, he stated.

The ground floor of each townhouse will boast an impressive grand entrance hall, spacious living and dining areas, kitchens that are fully fitted with “Grade A” appliances and electronics, the convenience of a separate breakfast room, the peace and quiet of a study in addition to a generous storage space.
Furthermore, the ground floor has dedicated spaces for a maid’s room and laundry room, stated Al Ali.

On the first floor of the townhouse, the layout includes an expansive family room, three bedrooms, all of which come with their own bathrooms and wardrobes, he observed.

Each townhouse has been built with a two-car garage and includes a private garden area at the back, designed for those who enjoy outdoor leisure, he added.

Designed and constructed to international luxury and quality standards, the Casa Familia Townhouses provide exceptional value in today’s market, and have been made all the more attainable and attractive for buyers with the introduction of a unique rent-to-own finance scheme.

As per the new scheme, buyers will be required to pay only 10 per cent during the construction phase of the townhouses, which will be pledged against bonds from NBC allowing buyers to accumulate lucrative profits, and triple winning chances in the monthly reward draws.

The remaining 90 per cent of the payment will be due over a period of seven years (84 months), in monthly instalments. There is no commission being applied to the purchase of the properties, he said.

Al Ali pointed out that for investors, 15 per cent net rent returns are guaranteed for the first two years with a comprehensive property operations package, which would include full professional property management, free service charges, and free maintenance.

This limited time offer will only be available to those attending the National Bonds Corporation launch event today (September 3) at Jumeirah Emirates Towers.

In addition to this, the offer can also be availed by visitors of the upcoming Cityscape Global exhibition at the Dubai World Trade Centre.-TradeArabia News Service




Tags: National Bonds Corporation | real estate | Motorcity |

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