In these times of international credit crisis, financing conditions are becoming more challenging. Mortgage providers in the UAE are expected to raise initial deposits investors must put down in order to secure financing. Gowealthy, in association with the developer, has evolved an easy and deferred payment plan on Jash Hamad. This financing option on this ready-to-move-in property is extremely opportune and relevant under the current market circumstances.
"Buyers can avail of an extended payment plan assuring them of access to credit, through our low deposit and 15 month payment plan. The alliance with Barclays Bank provides the option of mortgage finance up to 70% of the property price. This is also an extremely timely and attractive incentive to those buyers who prefer or require external leverage to fund their real estate purchases,"
says Peter Penhall, CEO of Gowealthy.com.
Jash Hamad's one, two, three and four bedroom apartments are spread across 12 stories. This mid-rise property with six units on each floor is situated close to the Jumeirah coastline with easy access to all the familiar landmarks of New Dubai. Jash Hamad is a perfect fusion of quality city lifestyle within the most idyllic environment.
Residents also have the added advantage of living in close proximity to five private beachfront club houses which provide world-class fitness centres, retail outlets, lounges and swimming pools. The white sandy beaches of Palm Jumeirah add that extra allure to the development.
"The government has reiterated its faith and support in the property sector. But, the critical factors that continue to impact this sector are the supply-demand equation and adequate housing finance. A large number of property units are under construction in Dubai but the present supply is insufficient to address the current housing needs of existing and new residents'. In Jash Hamad, Gowealthy saw an excellent opportunity to offer the supply-starved market ready homes at a superlative location, with the unique added convenience of an extended payment plan. Both residents and investors are assured of a sound investment whose appeal continues to increase as more and more people begin to experience the outstanding lifestyle offerings of Palm Jumeirah," added Penhall.
At a time when the immediate demand for quality housing continues to outstrip supply in the Dubai property market, Jash Hamad offers the ideal solution. It is well suited to the astute investor looking at short to medium term returns, as well as being attractive to owner occupier purchasers wishing to live at an iconic locale. The Jash Hamad properties combine up-market living with excellent shopping and entertainment activities. The property is designed to offer the best-in-its-class interiors and amenities befitting its location on what can be termed as one of the world's most coveted residential areas.
Easy payment plans combined with ready occupancy, excellent rental prospects and capital appreciation, make Jash Hamad one the most sought out addresses in Dubai today.
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Posted by Nadeen El Ajou
