Jumeirah Park Legacy Nova available at minus 3% premium

Total internal built up area: 4,154 sq. ft.
Total built up area including terraces: 4,893 sq. ft.

Original Selling Price from Nakheel (in May 2013): AED 4,015,000
Premium asked by current owner: -3%
Oqood exists for this property so this cost is borne by the seller
Transfer Fees Payable: 4%, AED 156,000
Commission Payable: 2%, AED 78,000

Total Selling Price including all closing costs: AED 3,900,000

Total payable now is 70% of the original price as per payment plan. Remaining 30% is payable between now and completion (scheduled for June 2016).

At a selling price of AED 3,900,000, these Legacy Novas are amongst the best buys in Dubai at the moment. Following the launch held in May 2013, these units reached a secondary market premium of upto 15%. However, with slower market conditions, there are a few value deals in the market-place and this is one of them.


Legacy Nova is one of the last remaining 4 bedroom developments along Sheikh Zayed Road. 4 Bedrooms in neighboring communities of Jumeirah Park and Meadows which are ready sell from anywhere between AED 4.5 - 6.0 million (at prices psf ranging from AED 1,300 - 1,400 psf). This Legacy Nova is available at its original price for less than AED 1,000 psf.

The villas are reaching an advanced stage of construction and will be delivered on time (June 2016).

For more information, please contact:

GIBRAN Y. BHAM
+971.56.408.7616