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An opulent mixed-use development comprising of spacious studio & 1BR apartments in Mirdif Hills by Dubai Investments Real Estate. Al Multaqa Avenue offers 5 years post-handover payment plan with 7.2% to 8% Rental Returns. These spacious and luxurious residences have easy access to recreational facilities and ensuring that residents have everything they might need, right on their doorstep.
Al Multaqa Avenue is a freehold mixed-use development sitting at the heart of the immaculate and spacious Mirdif Hills. Al Multaqa Avenue comprises of an enormous development of around 128 serviced apartments, a 116-room hotel, retail points as well as cafes and restaurants. The whole huge development of Al Multaqa Avenue comprises of a whopping total of approximately 300 residential units. These enormously spaced and developed residential units are studio as well as 1BR apartments with state-of-the-art intricate infrastructures and fine-crafted interiors- both the attributes a major specialty of Mirdif Hills developments. Following the pattern of all the previous developments carried out in the area, Al Multaqa Avenue is also designed along some uniform themes and patterns e.g. the color tones of greys and beiges and spacing within the houses provide the whole house with a glint of modernity as well as a quintessential homey feel.
Given its premium location in Mirdif Hills, the project is sure shot guaranteed epitome of possessing premium amenities. The first and foremost being the locality it is surrounded in. Al Multaqa Avenue is situated amidst the vast and beautifully luscious green foliages in the surroundings balancing the whole outdoor environment as well as inner sources of ventilation for the residential units. In addition to this, the vicinity contains a dedicated outdoor Jacuzzi and swimming pool for adults as well as kids alike to relax. Not just this, but Al Multaqa Avenue also takes keen account of the residents fitness and health and therefore, the development comprises of a dedicated gymnasium as well as a fitness club for them to relish and access.
Al Multaqa Avenue lies in the heart of one of the oldest and most prestigious mixed-use developments i.e. Mirdif Hills. Mirdif Hills is a massive development not only homing residential but also commercial and retail developments within its sphere making the whole mini-city community a complete place to live with access to all the necessities of life. However, due to the developments location in a central area like Mirdif, the residents have feasible access to the nearest commotion and transportation touch points and landmarks like the Dubai International Airport, and Al Rashidiya Metro Station etc.
| PAYMENT SCHEDULE ¬ § | ||||||
| Instalment | Amount | Instalment Percentage | Cumulative Percentage | Construction Milestone | Anticipated Instalment Payment Dates | |
| 1 | 10% | 10% | Reservation Form (Reservation Amount) | Oct-19 | ||
| ¬ §¬ (¨ §¬) | ||||||
| 2 | 10% | 20% | % Completed | %¥¬§ | Jan-2020 | |
| 3 | 80% | 100% | % Completed | %¥¬§ | Handover 2Q 2020 | |
| POST-HANDOVER PAYMENT PLAN ¬ § ¨ §ª | ||||||
| Instalment | Amount | Instalment Percentage | Cumulative Percentage | Construction Milestone | Anticipated Instalment Payment Dates | |
| § | §¨ | ¨© § | §¨© §ª§© | © §¥§¡ | §ª§ §ª© § | |
| 1 | 4% | 24% | % Completed | % ¥¬§ | 20-Jun | |
| 2 | 4% | 28% | % Completed | % ¥¬§ | 20-Sep | |
| 3 | 4% | 32% | % Completed | % ¥¬§ | 20-Dec | |
| 4 | 4% | 36% | % Completed | % ¥¬§ | 21-Mar | |
| 5 | 4% | 40% | % Completed | % ¥¬§ | 21-Jun | |
| 6 | 4% | 44% | % Completed | % ¥¬§ | 21-Sep | |
| 7 | 4% | 48% | % Completed | % ¥¬§ | 21-Dec | |
| 8 | 4% | 52% | % Completed | % ¥¬§ | 22-Mar | |
| 9 | 4% | 56% | % Completed | % ¥¬§ | 22-Jun | |
| 10 | 4% | 60% | % Completed | % ¥¬§ | 22-Sep | |
| 11 | 4% | 64% | % Completed | % ¥¬§ | 22-Dec | |
| 12 | 4% | 68% | % Completed | % ¥¬§ | 23-Mar | |
| 13 | 4% | 72% | % Completed | % ¥¬§ | 23-Jun | |
| 14 | 4% | 76% | % Completed | % ¥¬§ | 23-Sep | |
| 15 | 4% | 80% | % Completed | % ¥¬§ | 23-Dec | |
| 16 | 4% | 84% | % Completed | % ¥¬§ | 24-Mar | |
| 17 | 4% | 88% | % Completed | % ¥¬§ | 24-Jun | |
| 18 | 4% | 92% | % Completed | % ¥¬§ | 24-Sep | |
| 19 | 4% | 96% | % Completed | % ¥¬§ | 24-Dec | |
| 20 | 4% | 100% | % Completed | % ¥¬§ | 25-Mar | |
