Wondering what could go wrong in buying a property and want to avoid any such mistakes that could lead to disappointment in the end? Well, in that scenario, I would highly recommend you to go through this read as it will help you in choosing and booking a Danube property without fail.
Properties developed under the flagship of the Danube are known for offering a wide selection of affordable luxury homes. These properties often come with flexible payment plans. Hence, if you are looking for a property that is worth investing in, then I am sure one of the Danube properties will all be worth it. The property offers unique offerings wherein you will be able to find affordable luxury homes that come with flexible payment plans. However, there’s so much more to discuss about it and we’ll do the same in the sections to follow.
- Understanding the Real Estate Portfolio of the Danube
Before you take into consideration any other factor, it is important to figure out what the Danube has to offer. Well, there are several known developments by this developer that are known for offering high-quality residential towers in some major locations of the city. Some highly popular projects by this developer are listed right below:
- Viewz by Danube
- Fashionz (JVC)
- Elitz and Elitz 2
- Waves, Lawnz, & Miraclz
- Bayz 102 by Danube
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Selecting the correct project and unit
After deciding on which property you’d like to go ahead with from Danube’s portfolio, make sure you are clear in your mind about the property you’re interested in buying and the reason behind the same. Apart from that, you should be clear about the purpose- Whether you are buying the property from an investment point of view or you’re buying it for your personal use. Here are the filters you can apply or factors you can consider before picking a property of your choice.
- Location and connectivity
- Price range and financing options
- Unit type (1BHK, 2BHK, 3BHK, Villa, Apartment, etc.)
- Handover date
- Payment plan
Several Danube properties are available for an easy 1% monthly payment plan which makes it a perfect option for investors to invest in. Even if you do not have much capital, you can still think of entering the market without any worries.
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Get in touch with a sales consultant
After selecting your property or making the correct choice, the next thing that you need to do is get in touch with a salesperson from Danube. Even if not Danube, you can also contact an RERA-certified real estate agent as they will help you a lot in strategizing your purchase:
- Availability of the units
- You’ll get suggestions on property layouts based on your requirements
- Additionally, you’ll get to know more about the pricing and other exclusive offers
- They will also help you understand the payment plan in detail
There are some projects by Danube that offer furnishing packages as well, especially during the launch phase. Hence, try booking your apartment at that time. Whether you’re planning to invest in BAYZ 102 at Business Bay or any other property, this offer is applicable to all.
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Payment of the booking amount
Most properties by Danube, including Bayz 102 by Danube, come with a 10% payment plan. This means you’ll eventually need to pay almost this much amount to book your deal and secure your preferred unit. To complete the booking process, you’ll need the following documents:
- A copy of your passport
- Emirates ID (required for the UAE residents)
- If possible, you’ll need a Visa page as well
- Contact number
- Mailing address
Once you’ve made the payment, the booking confirmation of your property will be shared with you. Apart from that, a reservation form, a payment schedule, etc. will also be provided to you.
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Signing the purchase agreement
Once done with the above-mentioned steps, the next thing you need to do is legally sign the Sales and Purchase Agreement (SPA). During this process, you’ll be asked to pay an additional 10 or 20% of the total amount of the property (this completely depends on the property value). You can sign the agreement either at the official Danube office or you can sign this document digitally as well. Within the Sales and Purchase Agreement, all the details including the handover date, unit specifications, cancellation policy, payment plan, etc. will be given.
Closing Thoughts:
That was all about booking an apartment at the Danube properties. After you’re done with the booking process, there are a few things you can do that will result in complete ownership of the project. This includes continuing with the monthly installments, making the final payment, and the project handover.