COMPARITIVE ANALYSIS ON MUDON AND REEM VILLAS

FACTS ABOUT THE COMMUNITYGRAPHIC REPRESENTATION OF THE

MASTERPLANPOSITIVE AND NEGATIVES

COMPARITIVE ANALYSIS ON REEM AT ARABIAN

RANCHES AND MUDON AT DUBAI LAND

ARABIAN RANCHES IS A PREMIUM GATED COMMUNITY IN NEW DUBAI.

A premium desert-themed development set on 1,650 acres, Emaar’s Arabian Ranches in Dubai features a championship golf course. The luxury homes, set in a tranquil landscape, are designed to the highest standards and are in close proximity to Burj Khalifa and Dubai Polo & Equestrian Club.

ABOUT ARABIAN RANCHES

 A village community centre with retail outlets, cafes and restaurants, together with vast expanses of open space, bicycle trails and walkways are other key features of Arabian Ranches. Educational institutions and healthcare centres add to the integrated lifestyle.

Meeting the growing need for high-quality family units, Arabian Ranches community is located near Global Village, the vibrant tourism and entertainment destination. 

FEW MORE FACTS ABOUT ARABIAN RANCHES

Someone is making a lot of noise and it’s disturbing my sleep. How do I get them to stop?

You may contact Community Security on 04 308 9555, 24 hours a day or involve the local authorities for further escalation – call Dubai Police on +971 4 269 2222 or 999 for emergencies.

I want to carry out some alternations to my property. Do I need to seek permission?

Yes. Please refer to Alterations factsheet or contact [email protected]

FAQs Related to Arabian Ranches

My neighbour's friend stays over and parks his car in the visitors’ parking space every night. Is this allowed?

Visitors’ parking is for the short term only, after which, cars may be tagged and towed at the owner’s expense. For visitors who wish to park for longer periods, please contact Community Security on +9714 308 9555.

Can I hire a member of staff on a part or full time basis?

Yes. You must ensure all members of your household staff are sponsored by you or that they are hired through a professional agency. For more information please refer to the Household staff factsheet.

FAQs from the tentants and owners

I have some old furniture that I would like to get rid of. It is far too big to fit into my garbage bin. What can I do?

You may contact our service provider, Dulsco on 800 WASTE (92783) or any other other company of your choice.

Am I allowed to wash my cars in my private carport?You need to maintain caution when washing your villa

garage or vehicles. Avoid excessive use of water as it leads to water overflowing into the common areas. Harsh and corrosive cleaning agents play a major role in causing damage to the roads and pathways. If you do wash your carport or car, please sweep up any dust, sand of dirt from the area first and dispose of it in your dustbin before you begin washing.

FAQs contd..

Do we have 24 hours security? And is there a 24 hour hotline number?

Yes, there is a 24/7 security helpdesk available at Arabian Ranches. For any concerns, you may contact Community Security on 04 308 9555.

Why levy a Late Payment Fee? As stated in the Sales and Purchase Agreement, payment of the

CSF in full and on time is the obligation of every homeowner. Failure to comply will result in the levy of a Late Payment Fee (LPF). Delayed / non-payment of the CSF has the potential to deprive your community of the funds required to continue the supply of essential services and whilst we make financial provision to cover every contingency, timely payment of the CSF is vital to uphold the high standard of living you expect in your community.Therefore, we will charge 1% per month on any amount overdue after the CSF Invoice date as a deterrent for homeowners who might default on their payments. We would like to add that all Late Payment Fee collections are reflected as income for their respective communities and go into the Community Service Fee account. Emaar Community Management does not benefit from this income in any way whatsoever.

I want to organise a party/barbecue on the common area/in the park of our community. Do I have to inform anyone? How can I do it?

Please refer to the Community Rules, clause 3.1.6, which states that private functions of no more than eight guests can be held at the park nearest to the unit of the homeowner/resident hosting the event. For larger numbers of guests, residents must first obtain permission from the Community Manager. Please email [email protected] to tell us details of the date, time, venue and number of guests. We encourage you to contact ECM at least one week in advance of your intended event. A deposit may be required and the homeowner/tenant is liable to pay any costs associated with damage to the common areas or cleaning as a result of the function

How is the Community Service Fee calculated? Our budgeting team considers the following aspects when

calculating the Community Service Fee (CSF): Historical expenses 

We evaluate actual expense trends from the previous year based on individual cost items. Depending upon the operational plan, we decide whether or not to include them again in the following year’s budget. In addition, our hands-on experience from daily site operations gives further insight into various aspects of accurate budgeting and cost savings.

Resource allocation on site We periodically review resources on site to find ways of improving performance by employing new technology and operational methods based on international best practices. This continuing development in the management of our resources has a substantial and positive effect on the budget. 

Service provider contractsBy regularly reviewing service provider contracts, we can evaluate key areas of improvement such as performance, financials and cost savings. This helps us to determine future budgets and predict expenses.

Capital assets evaluation (maintenance, repair and replacements) Capital assets that are no longer under manufacturer’s warranty are regularly reviewed for major maintenance or replacement. Essential equipment, such as sewage pumping stations and / or similar items, supports the overall infrastructure of the community. So we make allowance in our budget for the upkeep of these items, thus ensuring the community has sufficient funds available during times of emergency and / or when replacements are required.

Provision for doubtful debts This amount allows for the setting aside of a small portion of CFS collections as provision in case certain receivables are required to be written off in the future. This practice conforms to the basic accounting principle of Conservatism and we take this step to strengthen the financial position of the community.

Surplus / deficit adjustment from previous years Finally, any surpluses or deficits from previous years are brought into consideration during the determination of the CSF rate for the current year. This allows us to maintain our funds at an optimum level to cater for every eventuality and serve the community to the highest standards.

Gated communitySet in a tranquil landscape and designed to the highest

qualityClose to Arabian Ranches’ Golf Club and Dubai Polo &

Equestrian ClubOn average, it is the most affordable of all Ranches

properties and usually the most heavily transacted at any given time.

Al Reem is a 208 acre project located within three gated communities (Al Reem 1, 2 & 3) within Arabian Ranches which intersect an expansive lake.

Al Reem consists of 2 & 3 bedroom townhouses and there are a total of eight different layouts available.

According to the developer it incorporates Arabic and Spanish architecture. 

CLOSER LOOK AT AL REEM

Type 4M: 2 Bed Townhouse with built up area of 1,691 sq. ft.

Type 4E: 2 Bed End Townhouse with built up area of 1,759 sq. ft.

Type 3M: 3 Bed Middle Townhouse with built up area of 2,156 sq. ft.

Type 3E: 3 Bed End Townhouse with built up area of 2,292 sq. ft.

Type 2M: 3 Bed Middle Townhouse with built up area of 2,564 sq. ft.

Type 2E: 3 Bed End Townhouse with built up area of 2,724 sq. ft.

Type 1M: 3 Bed Middle Townhouse with built up area of 3,060 sq. ft.

Type 1E: 3 Bed End Townhouse with built up area of 2,998 sq. ft.

Property Types in Al Reem

About Al Reem 2Al Reem is a theme villa community development with three

themed and gated communities in Arabian Ranches. One of them is the Al Reem 2. There is an expansive lake which was built in two levels as well as comprises of luxurious villas which were based on the traditional Arabic and Spanish Architecture.

As residents, you will find yourself drifting into a world that moves at its own pace and live in a serene community which is ideally set within the heart of the desert. You will also enjoy some of the amenities such as the riding trails with path linking to the Golf Resort.

FACILITIES and AMENITIES:Restaurants24 Hour SecurityRetail OutletsCommunity ParksCommunity CenterSpaSwimming PoolsPlaying Areas for Children

The most affordable community in Arabian Ranches.

Some units have lake views.Al Reem is the largest enclave within the

Ranches having about 1,100 units in total.

Positives of Al Reem

• Some of the townhouses on the periphery of the community are touching main roads or large undeveloped desert land - these kind of properties have lower values and less demand.

Not so Positives of Al Reem

24-hour SecurityChildren's Playroom / Play areaGated CommunityJogging/Bicycling tracksPark / Landscaped GardensSwimming Pool

Amenities of Al Reem

The below tables provide you a snapshot summary of current asking sale and rental prices in Al Reem. This data is a cumulative average of listed properties for this project and is updated regularly.

CURRENT RENTAL PRICE AT AL REEM

PROPERTY TYPE AVERAGE RENT MONTHLY EQIVALENT

3 BR APARTMENT AED 165000 AED 13750

2 BR VILLA AED 132000 AED 11000

3 BR VILLA AED 185000 AED 15417

4 BR VILLA AED 197000 AED 16417

This is a home to a number of exciting attractions welcoming millions of visitors every year and they are:

Cultural entertainment at GLOBAL VILLAGEMotor racing action at MOTOR CITYShopping at DUBAI OUTLET MALLWorld class sporting events and sporting

academiesDubai Land covers an area of about 3 million

square feet. It is said to be one of the most thriving destination for leisure, entertainment and tourism in Dubai.

ABOUT DUBAILAND

Mudon is a prime residential development in Dubailand district that gives both the residents and investors with attractions in terms of shopping, entertainment, and sports; for it is located within the latter in which the following prominent developments can be found: MotorCity, Dubai Sports City, Global Village, Dubai Cycling Course, and Al Sahra Desert Resort Equestrian Centre.

It is about 25 minutes by car to the Office Towers on the Sheikh Zayed Road North as well as 15 minutes to the beachfront of Sheikh Zayed Road South.

A CLOSER LOOK AT MUDON

PICTORIAL REPRESENTAION

MUDON PHASE I (RAYAT)MUDON PHASE II (NASEEM)ARABELLAARABELLA II

MAJOR COMMUNITIES BY MUDON

Launched in April 2013, Mudon is a project by Dubai Properties – located on the intersection of Al Qudra Road and Dubai Properties.

There are a total of 362 townhouses in Blocks A1 through A8.

There are two types of townhouses (Type A and B) with only marginal differences between the two. Built up areas of these units ranges from 3,786 - 3,808 sq. ft.

ABOUT MUDON PHASE I

Good, smart layouts with optimal use of space.

Community center open in the community which has various types of retail.

Positives of Mudon Phase 1 (Rahat)

Not So Positives of Mudon Phase 1 (Rahat)So far I did not came across anything as such

which works against it.

MUDON PHASE I

General Guide Naseem is the second phase of Mudon and

consists of 3, 4 and 5 bedroom independent villas (Blocks B, C, D and E)

- There are also 129 four bedroom townhouses (Block F) similar to the units in Mudon Phase 1 (Rahat).

ABOUT MUDON PHASE II

3 Bedroom Villa Type A: built up area of 4,260 sq. ft.

3 Bedroom Villa Type B: built up area between 3,574 - 3,716 sq. ft.

4 Bedroom Villa Type A: built up area between 4,644 - 4,755 sq. ft.

5 Bedroom Villa Type A: built up area between 5,230 - 5,262 sq. ft.

Property types

PICTORIAL REPRESENTAION

Arabella is a Townhouse enclave located in Mudon Phase II. The developer, Dubai Properties announced the project in May 2015. The launch is scheduled for May 17th, 2015 on a first come first serve basis.

ABOUT ARABELLA

3 Bedroom Townhouse Middle Built up area of 1,984 sq. ft average plot size of 2,111 sq. ft. Starting prices from AED 1,500,000.

3 Bedroom End Built up area of 2,027 sq. ft., average plot size of 3,262 sq. ft. Starting prices from AED 1,710,000

3 Bedroom Semi-detached Type A Built up area of 2,350 sq. ft., average plot size of 3,328 sq. ft. Starting prices from AED 2,040,000

3 Bedroom Semi-detached Type B Built up area of 2,398 sq. ft., average plot size of 3,494 sq. ft. Starting prices from AED 2,020,000

4 Bedroom Semi-detached Built up area of 2,603 sq. ft., average plot size of 3,328 sq. ft. Starting prices from AED 2,260,000

Types

10% on booking (plus 4% Oqood fees)

5% December 20155% June 20165% December 20165% June 201770% on completion

Payment Plan

One of the best payment plans to be introduced for off-plan in freehold Dubai till date.

This project is launched to compete with NSHAMA's Town Square and Emaar's Mira & Mira Oasis. However, Mudon offers a better location and is being launched within a more established community. It also has a better location than the other two competing developments.

Negatives of ArabellaBuyers looking to purchase from the secondary

market will have to pay 40% of the unit price to transfer + premium + all closing costs.

Positives of Arabella

Arabella 2 by Dubai Properties is a townhouse enclave within Mudon which is launching on April 9th, 2016. The project will feature 2, 3, 4 and 5 bedroom townhouses. The launch of this project follows on the widely successful Arabella Phase 1 which was launched in 2015. Units in Arabella are available on a 40:60 payment-plan (i.e. 60% of the total price is payable on handover).

ABOUT ARABELLA 2

- Launch on April 9th, 2016- 2, 3, 4 & 5 bedroom townhouses (Arabella

phase 1 only had 3 & 4 bed townhouses)- 40% payable during construction stage. 60%

payable on handover

General Guide

2 Bedroom + Maids: Built up area (BUA) of 1,669 sq. ft.

3 Bedroom Type A Middle: BUA of 1,991 sq. ft.3 Bedroom Type A End: BUA of 2,027 sq. ft.3 Bedroom Type B End: BUA of 2,071 sq. ft.3 Bedroom Type A Semi-detached: BUA of

2,341 sq. ft.3 Bedroom Type B Semi-detached: BUA of

2,400 sq. ft.4 Bedroom Semi-detached; BUA of 2,603 sq. ft.5 Bedroom Semi-detached: BUA of 3,068 sq. ft.

Unit Types

40% of the property price is payable during construction and 60% is payable on delivery.

Mudon quickly maturing. Rahat phase delivered and Naseem phase handovers have commenced.

Addition of 2 and 5 bedroom option gives buyers more choice.

Positives of Arabella 2

Please find below our contact details:Telephone: +971529291221 or

00971503825947

FOR MORE INFO