FREQUENTLY ASKED
QUESTIONS
1) What is
Libertas?
Libertas,
the latest
offering
from Schön
Properties,
could not
have
been better
placed, or
better timed.
It is
a
commercial
property with
personality.
Consisting of G+21
floors, the
building is
structured to flow
around your
work. Libertas
gives
your
business
a positive
start. With a spacious
area that
is calm,
quiet and
filled with
natural
light, a
cost-effective central air-conditioning
system,
state-of-the
art security
system,
professionally
run
reception lounge, an
in-house
management
team that
takes
care
of
everything
from plumbing
to
electricity, a large,
well-organised
parking
space and
an
exciting retail
floor that makes this a self sufficient property.
2) Where
is
Libertas
located?
Libertas
is located
in the
Trellis
District of
one
of Down
Town Jebel
Ali’s four
quarters.
This is
a
beautifully
planned area
of
Dubai,
with a
vibrant
blend of
dining,
entertainment, shopping and
business.
Here,
Libertas will
be more
than just a development; it will be part of
a thriving
community-with
parks and
services
inspired by some of the world’s great
cities.
A safe,
comfortable and green environment
for your business
3) Where is Downtown
Jebel Ali?
Downtown Jebel
Ali is
a
200-hectare, mixed-use urban
community along an 11 kilometre stretch of
Sheikh Zayed Road.
It will accommodate
more than
200,000
people in
four distinctive zones. Each
zone will
have three
individual districts:
The Urban
Centre, The
Trellis and The
Medina, creating a
blend of business,
residential,
shopping,
dining and
entertainment facilities
as well as its own
iconic, individually
themed
Plaza, which
will be the
transport,
retail and
entertainment
hub of
the zone.
Downtown Jebel Ali
is located between the Jebel Ali Free zone and
Techno Park,
and will have 330 buildings, 208
of which
are
residential.
Around one
hectare in
five will be
green, open space and there will be pedestrianised,
car-free areas. The development
will also boast a rich,
convenient transport system,
enabling people to live in, work at or visit Downtown
Jebel Ali without the need for a car.
An internal
“people
mover” will
use the
latest technology to
provide
easy, environmentally
friendly
travel within each zone;
four Dubai
Metro stations will allow effortless travel
between
each zone; and road
access will
be via four new freeway interchanges.
4) Who
is
Schön
Properties?
Schön Properties have always
been at
the forefront
of developments
within the
property market, spotting opportunities to diversify
our
portfolio to
meet investor needs
with innovative projects.
Dubai
Lagoon is
the
flagship project for Schon Properties. This massive
project
comprises 49
buildings
and offers
home owners
the
opportunity to
enjoy high quality
affordable homes within a self contained community
housing retail
outlets and
leisure facilities, all set around a manmade
lagoon.
Within
Dubai Lagoon,
our
Presidential
and Quartet developments cater for premium and budget
housing respectively.
Close by,
Schön
Business Park
offers
highly adaptable
office
units that
meet a
wide range
of business needs.
In Downtown Jebel Ali, Schön Residences provides
the cachet
of a highly
desirable Sheikh
Zayed Road address, while Schön
Suites
offers long-term
investors the opportunity to enjoy
high returns by owing
hotel apartments. Our latest development,
The Signet, offers homeowners
the facility to
work from home: an ideal
solution that reduces overheads for small businesses.
6) Who
is the
Architect?
Mimar is the architect for The Signet and is
a leading
professional
design
practise providing consultancy services
in the
core
disciplines of
Architecture,
Structure, and M.E.P. With
Offices located in Dubai,
Sharjah,
Abu Dhabi, Ajman, and Doha,
Mimar's dynamic
team is
known for
and
delivers innovative
design solutions with effective and efficient
project
coordination.
5) What retail facilities does the Libertas enjoy?
A powerful
reason to be part of Libertas is its exciting retail
floor. As
you step
into the
building, your
employees and clients
will walk into an inviting, contemporary retail space situated on the
ground floor, a smart mall containing
upmarket
shops, cafes
and
services. It will be filled with every
amenity. A peaceful
prayer room,
well
stocked
supermarket, laundry service, day care centre, gym, hair
and beauty
salon,
cafe, gift
shop and
an array of
well known brands and chain
stores.
It will also have
essentials like cash
machines, a
postal service and an internet hub.
7) Is
Parking
Available?
Yes, and
parking
spaces are
priced at
AED 50,000
separately. There
will also
be free
open parking for visitors.
8) Is
Libertas
Leasehold or
freehold?
Freehold.
9) Is
Libertas
registered at
the Land
department?
Yes, Libertas
is
registered at
the
Land
department
and the
registration
number
is
796/2007.
10) Can
I register
my units
at the
Land
department?
Yes you
can
register, but
only upon
100%
payment. The
buyer
shall
bear and
pay all
cost and
contingent
expenses
pertaining to registration
of title
transfer of
the property to
the name
of the purchaser
or buyer in
the Land department
11) When
is
anticipated
completion for Libertas?
Mid 2011
12) What is the estimated timeline
for Progress of
the
Project?
|
Project
Sales
Launch |
Oct
2008 |
|
Detailed
design,
contractor
procurement
and
authority approvals |
Oct
2008
–
March 2009 |
|
Current
anticipated Plot hand over
from
Master
Developer |
August
2009 |
|
Construction period:
Enabling works |
September
2009
–
January
2010 |
|
Construction
period:
main
works |
February 2010 – June 2011 |
|
Project
anticipated
handover |
End
June
2011 |
13)
What types
of units
are
available at
Libertas?
Libertas is
a
commercial property consisting
of
office spaces
with retail on its ground floor.
14) What is the payment plan?
|
On
Booking |
15% |
|
01-Jan-09 |
10% |
|
01-Jun-09 |
10% |
|
01-Dec-09 |
10% |
|
01-Mar-10 |
10% |
|
01-Jun-10 |
15% |
|
01-Dec-10 |
15% |
|
Upon Completion |
15% |
15)
Can I
Sell My
Property
To A
Third
Party?
Yes, but
all transfers will have to go to the
Land
department and are
subject to a transfer fee.
Prevailing transfer fee
is subject
to the
Land department
transfer
fee charges.
An administration fee
needs to
be paid
to the
developer
for
every transfer
after
the payment
of
initial 15%
on any of the stages mentioned
below:
a)
Reservation
stage:
0.5% of
the
original
purchase price
b) Contracts
stage:
1.
4
Units
or less:
2% of
the
original
purchase price
2. 5
units and above: 1% of
the original purchase price
16) What will
the maintenance charges
be?
Fees have
not been
set
but will
be
in line
with
the
market. We
will
strive to
ensure
that the value
for money proposition
afforded
by the units is not diluted by high maintenance fees.
17) Where can I make
my payments?
1
2.
3.