Dubai Silicon Oasis to extend range of promotional offers for Cedre Villas at Cityscape 2011

Dubai Silicon Oasis (DSO), the region's integrated free zone technology park, today announced a range of flexible options will be on offer for potential investors of its ready-to-move-in Cedre Villas project during Cityscape Global 2011, one of the largest business-to-business real estate investment and development events across the world. 

The tenth edition of Cityscape Global will be held from 27 - 29 September at the Dubai International Convention and Exhibition Centre. Cityscape Global 2011 will allow DSO to highlight the gated community that boasts a choice of three and four-bedroom luxurious villas with a built up area of 3,800 sq. ft. - 4,800 sq. feet. 

The stand located at Hall #7 – F30 at Cityscape Global 2011 will extend a variety of promotional offers for Cedre Villas including 80 per cent finance for property on mortgage with a three and four per cent discount on the total value of the three and four bedroom villas respectively. Alternatively, cash buyers can benefit from a six per cent discount on the purchase of a three-bedroom villa and an eight per cent discount on the purchase of a four-bedroom villa.  

Buyers can also take advantage of DSOA’s 50-50 finance plan, which includes 50 per cent down payment and 50 per cent financing at zero per cent interest payable over three years. 

In addition to the finance plans for property purchased during Cityscape Global 2011, DSO will extend complimentary privileges of landscaping and free maintenance for one year. 

Waleed Bin Shafie, Vice-President – Real Estate Sales at Dubai Silicon Oasis Authority, said: "Cityscape Global is a crucial platform for investors to interact with real estate developers and secure attractive incentives on investments. Following our successful partnership at the event last year, we are confident Cityscape Global 2011 will help us gain sufficient investor attention and generate awareness on the diversity of DSO’s projects. 

“Cedre Villas is once again taking centre stage at Cityscape in response to the interest drawn from industry professionals and investors since its launch in 2009. Its world-class facilities and proximity to the airport, seaport and Dubai’s business district make it a prime property for investors in the UAE as well as for people looking to work and live in Dubai Silicon Oasis and nearby locations.” 

DSO has successfully leased or sold 93 per cent of the AED1.55 billion Cedre Villas project, comprising 1,047 units. Complementing the development’s well-planned community facilities, a budget of AED 4.5 million has been allocated for the construction of a second mosque for the added convenience of more than 600 worshippers that currently frequent the existing mosque. 

A wholly-owned entity of Dubai Government, Dubai Silicon Oasis operates as a free zone technology park for the semiconductor, microelectronic and other high technology-based companies looking to set up their regional headquarters and R&D facilities in the Middle East and Africa region.