Lakepoint, only 5 percent deposit

Officials behind Lakepoint in Jumeirah Lake Towers have announced a three-year fixed maintenance fee and 5% deposit only. Lakepoint is a 45 storey residential tower from LAI General Trading and sold exclusively by Better Homes. Lakepoint is the only property to offer 5% deposit where standard practice is 10%. LAI General Trading was formed from a partnership between Al Yousuf Group and Gulf General Investment Co., with S.S. Lootah Group acting as contractors, and architects NEB.

Lakepoint inhabits a corner position in JLT and offers unrestricted views of the surrounding lakeside. Lakepoint tower offers a total of 414 one, two and three bedroom freehold apartments. It is located off Sheikh Zayed Road close to Burj Dubai, American University in Dubai and Montgomerie Golf Course. Lakepoint has a range of facilities that include three swimming pools, separate gym and sauna for lades and men, as well as world renowned kitchen appliances. Apartments in Better Homes, the exclusive agents for the project announced that financing is available from Tamweel.

The first 100 buyers of apartments were entered into a draw to win a Chevrolet Corvette convertible, which was donated by Al Yousuf Group.

Gowealthy.com