Burj Vista priced at Dh2,000 psf

Dubai-based Emaar Properties on Saturday started selling apartments in Burj Vista, a luxurious twin-tower project in Downtown area, at an average price of Dh2,000 per square feet, property agents told Emirates 24|7.

A company registered agent, who bought a one-bed apartment at around 9.30 am, said: “Since I have bought an apartment at a higher floor; I paid Dh2,055 per square feet. The average price would be in the range of Dh2,000 per square feet.”

He added: “We were told that only 300 to 400 units will be sold today. There are people standing in the office which tokens. Everyone who is going is buying something.”

The twin-tower will be completed in June 2017.The payment terms, that has been offered, is as follows: 15 per cent down payment; 10 per cent in September 2013; 15 per cent in March 2014; 10 per cent each in March and November 2015; 10 per cent in March and 15 per cent in November 2016 and 15 per cent on completion in June 2017.

On Wednesday, Emirates 24/7 reported that the online registration Burj Vista had closed in about 30 minutes.

“Yes, we did manage to register online, but it closed in 30 minutes. Since the registrations were online, we will hopefully not see people queuing up like before,” an Emaar registered agent said on conditions of anonymity.

Located on Mohammed Bin Rashid Boulevard, Burj Vista consists of two identically designed towers, one 20 storey high and the other at 65 storey, with 120 and 520 luxury apartments, respectively.

Other amenities include a fully-equipped gymnasium, children’s play areas, multimedia hall, business centre, play room, lounge areas, swimming pool and kid’s pool, badminton and half a basketball court, relaxing reading areas and lushly landscaped areas.

All the projects - Mira townhouses in Reem; The Address The BLVD; The Address Residence Fountain Views and The Address Residence Sky View in Downtown Dubai - Emaar said have recorded overwhelming response.

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