Yansoon 1 is a sub-community located within The Old Town, Dubai. Old Town is a mixture of low-rise three-storey apartment buildings and mid-rise towers with penthouses, and offers a counterpoint to the sharply modern style of most of Burj Dubai, the heart of emerging Downtown district. Dubai, UAE, June 16, 2006: Global real estate major Emaar Properties will open the first phase of its Old Town development in October, 2006. Yansoon Quarter, the first of three Arabian inspired developments at Old Town, is to-date 94 per cent complete. Emaar has also joined hands with RAKBANK (The National Bank of Ras Al-Khaimah) to offer up to 95 per cent finance mortgage for the remaining apartments within Yansoon Quarter and other Old Town projects. Through the easy 20-year loan facility, potential buyers can own their dream home at this premium project for a down payment of just 5 per cent of the total cost.A breathtaking mid and low-rise development in the heart of Dubai, Old Town is a uniquely pedestrian-friendly residential offering that integrates inspirational Arabian architecture in a modern setting. In close proximity to Burj Dubai, slated to be the tallest tower in the world when completed in 2008, Old Town will offer a new lifestyle choice for its residents in the heart of Dubai’s most prestigious address. “Work on Yansoon Quarter has been moving on a fast-track. As the first development of its kind in Dubai, apartment owners at Old Town can enjoy an exclusive lifestyle in an elegant setting reminiscent of the rich Arab heritage.”Yansoon features 357 apartments including one-bedroom, one-bedroom plus study, two-bedroom, two-bedroom plus study, three-bedroom plus study and four-bedroom plus study.
