Phase two of sales for Dubai Central Park project
DIFC apartments will be showcased at Cityscape Global
Arady Developments LLC, a joint venture between Deyaar Development PJSC ( Deyaar ) and Dubai Properties Group, have announced plans to launch the second phase of sales of residential units in the Central Park project at the Dubai International Financial Centre (DIFC).
Located in close proximity to Dubai Mall, Emirates Towers, Burj Khalifa and the Financial Centre metro station, the tower which spans an area of 175,260 m2 comprises of 426 apartments including studios, one and two bedroom apartments, as well as two and three bedroom duplex and triplex penthouses.
Some of these will be showcased at Cityscape Global Dubai.
Visitors to the exhibition can gain insights on the financing options extended by Dubai Islamic Bank ( DIB ) for the Central Park project.
Through a special partnership with Arady , DIB offers up to 90% financing for tenures extending up to 25 years for UAE nationals, and up to 84% finance for expatriates. The profit rates on investment start from 3.74% per annum.
Unlike any other project in the DIFC district, Central Park comprises over 1.57 million square feet of commercial and residential space.
The handover of the residential tower is scheduled for the second half of 2014.