The project's scope of work consists of a residential development located at Dubai Festival City, Dubai. The development comprises of 240 residential villas and neighboring luxury apartments. The project is primarily located on an elevated hillside with traditional Arabic architecture offering timeless stillness and exclusively designed home.
Each of them has a unique and individual identity as well as enclosed courtyards, open terraces, and covered loggias that offer a haven of retreat. It also offers a range of studios, one, two or three bedroom apartments and three bedroom duplex apartments. Each unit benefits from unique landscaped hillside setting with stunning views across the banks of Dubai Creek as well as the greens of Al Badia Golf Course or of the panoramic Dubai skyline.
Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.
In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.
This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.
After you have found the right property you have to follow these steps:
Agreement of terms and conditions
Reservation Agreement
Reservation Deposit
Sales and Purchase Agreement
Settlement & Transfer
Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.
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Communal Pool
Communal Gym
24H Security
CCTV (Video Surveillance)
Car Parking
