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FREQUENTLY ASK QUESTIONS
Who Are The Developers of Bonnington @ Jumeirah Village?
The developers are Bonnington Group PLC, a UK group of international companies, established in 1906 with the construction of the Bonnington Hotel in Central London. Since its inception The
Bonnington Group has successfully developed and continues to manage an impressive international
portfolio. In early 2005 the group launched Dubai’s first Hotel apartment Tower, The Bonnington
Tower @ Jumierah Lakes.
Who Are The Master Developers?
The master developers are Nakheel, a leading property developer jointly owned by the Dubai
Government responsible for a variety of landmark developments such as: Palm Island, The World,
Jumeirah Lake Towers, Jumeirah Golf Estates.
Who Are The Architects?
The architects are LWDesign Group, a renowned Dubai based firm of Architects and Designers responsible for numerous landmark projects such as: The Grosvenor House Hotel at Dubai Marina, Emirates Golf Club and The Kempinski Hotel at The Mall of the Emirates.
What Facilities & Services Are Available at Bonnington @ Jumeirah Village?
• Outdoor Temperature Controlled Swimming Pool
• Modern Gym Facilities
• Children’s Play Area
• Barbeque Area
• Dedicated Reception with 24 Hour Concierge Service
• 24 Hour Security & CCTV Monitoring
• Modern elevators
• Secured basement parking
• Laundry Services
• Baby Sitting Services
• Maid and House Keeping Services
• Home delivery/ Room service
• Management and owners association
What Facilities Are Available at Jumeirah Village?
• Schools
• Kindergarten & Nursery
• Community Centre
• Mosque
• Jogging Trail
• Cycling Trail
• Community Swimming Pools
• Football Pitch
• Cricket Pitch
• Croquet Lawn
• Tennis Courts
• Medical Clinic
• Mini Golf
• Automated monorail
What Are The Finishings?
• Built In Wardrobes
• Laminated Timber Floors
• Dimmable Lighting
• High Speed Digital/ internet access
• Central Air Conditioning
• Colour Video Entry System
• Granite bench tops in the Kitchen
• White Goods Included: Washer/Dryer, Dishwasher, Refrigerator
Does the Apartment/ Townhouse come furnished?
Yes, finished to an exceptionally high standard interior furnishings will fuse contemporary Arabian
influences with the very latest technology, design and durability.
Is Parking Available?
Yes, parking is available at a charge of GBP 6000.00 per space.
What is the Bonnington Buy-to-Let scheme?
An exclusive scheme for owners of branded Bonnington properties. Owners have the flexibility of
placing their property into a rental pool that is promoted and managed by the Bonnington Group and
its associated tour, travel and hospitality partners.
Do I have to participate in the Bonnington Buy-to-Let scheme?
No, as a valued purchaser of a Bonnington property you are able to enjoy all the services and facilities
of the Bonnington @ Jumierah Village as a permanent or part time guest. You decide if and when you
would like to participate in the Bonnington buy-to-Let scheme.
Bonnington Buy-to-Let scheme breakdown
| Purchase price | GBP 127,114.00 |
D 889,798.00 |
| Rental based on an 80% occupancy* | 25,584.00 | 179,088.00 |
| Management Fees & Service charges @ 25%* | 6,396.00 | 44,772.00 |
| Net return | 19,188.00 | 134,316.00 |
| Annual ROI | 15.10% | 15.10% |
* Rental income based on a weekly rate of GBP 615.00 (x 52 weeks = 100% occupancy).
** A management fee of 15% and service charges are based on approximately AED 12 per square
foot.
Is Finance Available?
Our financing partner is Tamweel who is currently in the process of tailoring
Jumierah Village finance package.
When Can I Sell My Property to a Third Party?
You can sell your property after paying 25% of the total purchase price with a 2% transfer charge.
Do I Get a Residence Visa with My Purchase?
Apartment owners, subject to rules and regulations of the Dubai Government are entitled to a
residence visa renewable every 3 years.
Can The Property Be Registered in a Company Name or Joint Names?
Yes.
What Are The Service Charges?
Service charges are approximately AED 12 per square foot.
What Is The Price Range?
| Type | Size | Price from (GBP) |
| Studio | 45 m2 – 59 m2 484 ft2 – 635 ft2 |
86,250 |
| 1 Bedroom Apartment | 57 m2 – 70 m2 614ft2 – 753 ft2 |
125,235 |
| 3 Bedroom Apartment Type A |
143.5 m2 1 540 ft2 |
143.5 m2 1 540 ft2 |
| 3 Bedroom Apartment Type B |
153 m2 1 650 ft2 |
278,731 |
| 4 Bedroom Townhouse A – middle unit |
337 m2 3 626 ft2 |
357,300 |
| 4 Bedroom Townhouse B – end unit |
377 m2 4 056.5 ft2 |
374,314 |
What Is The Payment Schedule?
10% payable at Reservation
15% on commencement on site
10% payable after 3 months
10% payable after 3 months
10% payable after 3 months
10% payable after 3 months
10% payable after 3 months
15% payable after 3 months
Final payment of 10% payable on December2008 – 1st Quarter 2009
When Will The Project Be Completed?
Completion estimated to be the 1st Quarter of 2009.