Dubai: No down payment – that’s the latest marketing tool being used in Dubai’s property market. At least one developer is doing so.
Reportage Properties is eschewing all down payments for its Alexis Tower units – located in Downtown Jebel Ali on Shaikh Zayed Road – as a special offer.
Instead, buyers for the studio units, priced from Dh399,000, will have to commit to paying Dh8,000 a month. The high-rise – opposite the UAE Exchange Metro Station – offers 378 units.
This content was taken from Gulf News: : https://gulfnews.com/business/property/one-dubai-developer-does-away-with-down-payment—will-others-follow-1.1613732110937