Our Projects

Projects undertaken by Richland Properties Limited

Haseena Residency Tower

  • project 2-a
  • project 3
  • project 2-c
  • project 2-b
  • project 2-d

Haseena Residency Tower is Located in the Dubai Industrial City one of the largest industrial hubs in Dubai. Spread across 55 square kilometers (560 million square feet) of prime industrial land. The city offers a cost effective and efficient business ecosystem to the region’s surging manufacturing sector.

Conveniently located between two major highways, Emirates Road and the Dubai Bypass Road, DIC is less than 15 minutes away from the Jebel Ali port and Free Zone and Dubai World Central International Airport.

Also Located in close proximity to the Dubai World Central and the famous Expo 20×20 exhibition site.

40 minutes driving distance from the Abu Dhabi International Airport


Payment Plan

a.Upon Booking   : 10% + 4% Oquood charges

b. 3 months from the date of booking amount received  :  15% of the property value

c. 6 months from the date of booking amount received  :  5% of the property value

d. 9 months from the date of booking amount received  :  5% of the property value

e. 12 months from the date of booking amount received  :  5% of the property value

f. 15 months from the date of booking amount received  :  5% of the property value

g. 18 months from the date of booking amount received  :  5% of the property value

h. Final payment upon completion   :   50% of the property value payable in 5 years

(by way of INTEREST FREE equal installments)


Lease Management option

Richland PRoperties offers a unique confirmed rent return option wherein the buyer can enter a “Lease Management Agreement” with, “Richland Properties Ltd” wherein RPL will confirm the rental returns at the time of purchase of the unit itself.

The buyer has the option to subset the installments with the rental payouts made by RPL, however this option is  based on the following conditions:

—Rentals will be fixed at the time of contract signing

—In case the rental value falls short of the installment value and service charges the buyer shall fill in the difference

—RPL shall manage the unit for a fixed period of 5 years bound by a non negotiable agreement, duly registered with RERA ( real estate regulatory authority)

—Unit remains under the ownership of RPL till the expiry of the Lease Management Contract or completion of payments to City Tower Real Estate against the payment which ever is earlier

—Post completion of payments to RPL if the buyer wishes to renew the Lease Management Contract he is free to do so however at the  rentals and terms & conditions prevailing at that time.

 

Thank You….