Common use of Master Community Declaration Clause in Contracts

Master Community Declaration. The Master Community is further described in the Master Community Declaration issued from time to time by the Master Developer which states the process of governance of the Master Community by the Master Developer. A copy of the Master Community Declaration is attached to this Statement at Appendix B with the JOPD available at URL Link. Building Disclosed Items Name of Building BELGRAVIA HEIGHTS II Description of Building The Building is located within the Jumeirah Village Circle Master Community. The Building is a mixed-use (Commercial + Residential) building comprising G+4P+HC+13 Floors+Roof. Subdivision of Building The Seller intends that the Building will be subdivided into 137 number of apartment Units and one (1) Retail Unit at the Ground floor and the Building Common Areas with 170 number of parking bays. Anticipated Commencement and Completion of the Building The Seller intends that the anticipated construction of the Building shall be November 2017 and the Anticipated Completion of the Building is expected to be on or before June 2021, subject to any extension as per the clauses of the sale and purchase agreement. Building Common Areas These areas will consist of those parts of the Building which are intended for the use of all Unit Owners and not forming part of any Unit. As at the date of this Statement it is intended that the following may form part of the Building Common Areas: • Car Park Spaces for all unit owners; • Lobby, Entrance areas; • Entrance foyers; • Lifts; • Landscaped courtyard at Health Club level; • Swimming pool area; • Outdoor kid’s playground; • Gymnasium; • Male and Female shower and changing rooms; • Garbage disposal rooms; • Corridors; • Fire escape staircases; • Driveways & ramps at parking floors; • Utility services rooms; • Club Lounge & Pool terrace on the Health Club floor; • External Roof terrace on the roof level; • Landscaped areas within the perimeter of the Plot. A draft copy of the Building Common Area Site Plans which shows the proposed Building Common Areas is attached to this Statement as Schedule 2 of Appendix A, the JOPD available at URL Link. The Seller discloses and the Purchaser acknowledges and agrees (and in so doing the Purchaser waives all rights to future claims against the Seller in this regard) that the final number, demarcation and delineation of the Building Common Areas are still to be determined by the Seller and is subject to final survey. Accordingly, the Seller may, in its absolute discretion, vary the number, demarcation and delineation of the Building Common Areas from those depicted above prior to DRAFT or after completion of construction of the Building or handover of the Unit to the Purchaser. Management of Building As per the Building Mangement Statement and Applicable Laws. Building Rules The Seller expressly discloses and the Purchaser acknowledges and agrees that the Seller’s draft Building Rules are attached to the Building JOPD and that the Purchaser shall comply, and shall ensure the Occupier’s comply, with the Building Rules at all times. Service Charges Provisional Service Charge of AED [14] fourteen per square feet of unit area to be paid as per this Agreement. Unit Leisure Facilities As at the date of this Statement the Seller anticipates that the Unit Leisure Facilities shall include the following facilities: • Outdoor Communal Kitchen & Dining Areas; • Swimming pool with sun-bathing decks; • Indoor & outdoor fitness center; • Male and Female Spa inspired shower and changing room; and • Kids playground – Outdoor; • Roof Terrace - Lawn & Deck; • Club Terrace, Club lounge & Games room; • Yoga Studio and • Lobby Lounge The Building Manager shall prepare the Unit Leisure Facilities Budget for every operating year and submit it to be approved by RERA and shall form part of the Service Charges (but which shall be payable by the Unit Owners only). Entitlements The Entitlements have been calculated on the basis of area with the Entitlement of each Unit calculated by dividing the Unit Area by the Total Unit Areas in accordance with the JOP Law. Each Entitlement is specified in the Agreement. FM Services Agreement The Facilities and Management Services Agreement governs the management of facilities at the Building. Facilities within the Building available on a Commercial Basis As at the date of this Statement, the Seller does not intend that there will be any commercial facilities within the Building Common Areas made available on a commercial basis. Intended Land Uses within the Building The Seller intends that the Building will be for residential use only as further defined in the Agreement and the Building JOPD. Ecologically Sustainable Features within the Building The Building shall be constructed and contain such ecologically sustainable features in accordance with the requirements of the Relevant Authorities. Special Uses that apply to the Building There are no special uses that apply to the Building other than as specified in this Statement and the Governance Documents. All uses shall be approved by the Relevant Authorities. Proposed Supply Agreements The Seller has not entered or intend to enter into any proposed agreements for a term exceeding one (1) year for the supply of goods and services to the Building as a whole DRAFT save for the following: • Gas Supply Agreement; and • District Cooling System Agreement.

Master Community Declaration. The Master Community is further described in the Master Community Declaration issued from time to time by the Master Developer which states the process of governance of the Master Community by the Master Developer. A copy of the Master Community Declaration is attached to this Statement at Appendix B with the JOPD available at URL Link. Building Disclosed Items Name of Building BELGRAVIA HEIGHTS II WILTON PARK RESIDENCES Description of Building The Building is located within the Jumeirah Village Circle Sobha Hartland Master Community. The Building is a mixed-use (Commercial + Residential) residential building comprising G+4P+HC+13 Floors+RoofG+2P+12 stories. Subdivision of Building The Seller intends that the Building will be subdivided into 137 320 number of apartment Units and one (1) Retail Unit at the Ground floor and the Building Common Areas with 170 342 number of parking bays. Anticipated Commencement and Completion of the Building The Seller intends that the anticipated construction of the Building shall be November 2017 24 Months and the Anticipated Completion of the Building is expected to be on or before June 2021X0 0000, subject to any extension as per the clauses of the sale and purchase agreement. Building Common Areas These areas will consist of those parts of the Building which are intended for the use of all Unit Owners and not forming part of any Unit. As at the date of this Statement it is intended that the following may form part of the Building Common Areas: • The Car Park space for any individual Car Park Spaces for all unit owners; • Lobby, Entrance areas; • Entrance foyers; • Lifts; • Landscaped courtyard at Health Club leveland garden areas; • Swimming pool area; • Indoor kids play room; • Outdoor kid’s playground; • GymnasiumFitness Centre; • Male and Female shower and changing rooms; • Clubhouse; • Garbage disposal rooms; • Corridors; • Fire escape staircases; • Driveways & ramps at parking floors; • Utility services rooms; • Club Lounge & Pool External terrace area on the Health Club fourth floor; • External Roof terrace on the roof level; and • Landscaped areas within the perimeter of the Plot. A draft copy of the Building Common Area Site Plans which shows the proposed Building Common Areas is attached to this Statement as Schedule 2 of Appendix A, the JOPD available at URL Link. The Seller discloses and the Purchaser acknowledges and agrees (and in so doing the Purchaser waives all rights to future claims against the Seller in this regard) that the final number, demarcation and delineation of the Building Common Areas are still to be determined by the Seller and is subject to final survey. Accordingly, the Seller may, in its absolute discretion, vary the number, demarcation and delineation of the Building Common Areas from those depicted above prior to DRAFT or after completion of construction of the Building or handover of the Unit to the Purchaser. Management of Building As per the Building Mangement Statement and Applicable Laws. Building Rules The Seller expressly discloses and the Purchaser acknowledges and agrees that the Seller’s draft Building Rules are attached to the Building JOPD and that the Purchaser shall comply, and shall ensure the Occupier’s comply, with the Building Rules at all times. Service Charges Provisional Service Charge of AED [14] fourteen per square feet of unit area to be paid as per this Agreement. Unit Leisure Facilities As at the date of this Statement the Seller anticipates that the Unit Leisure Facilities shall include the following facilities: • Outdoor Communal Kitchen & Dining AreasLandscaped and Garden areas; • Swimming pool with sun-bathing decks; • Indoor & outdoor fitness center; Fitness Centre • Male and Female Spa inspired shower and changing room; and room • Kids playground play areas – Outdoor; Indoor & Outdoor • Roof Terrace - Lawn & Deck; • Club Terrace, Club lounge & Games room; • Yoga Studio and • Lobby Lounge Clubhouse The Building Manager shall prepare the Unit Leisure Facilities Budget for every operating year and submit it to be approved by RERA and shall form part of the Service Charges (but which shall be payable by the Unit Owners only). Entitlements The Entitlements have been calculated on the basis of area with the Entitlement of each Unit calculated by dividing the Unit Area by the Total Unit Areas in accordance with the JOP Law. Each Entitlement is specified in the Agreement. FM Services Agreement The Facilities and Management Services Agreement governs the management of facilities at the Building. Facilities within the Building available on a Commercial Basis As at the date of this Statement, the Seller does not intend that there will be any commercial facilities within the Building Common Areas made available on a commercial basis. Intended Land Uses within the Building The Seller intends that the Building will be for residential use only as further defined in the Agreement and the Building JOPD. Ecologically Sustainable Features within the Building The Building shall be constructed and contain such ecologically sustainable features in accordance with the requirements of the Relevant Authorities. Special Uses that apply to the Building There are no special uses that apply to the Building other than as specified in this Statement and the Governance Documents. All uses shall be approved by the Relevant Authorities. Proposed Supply Agreements The Seller has not entered or intend to enter into any proposed agreements for a term exceeding one (1) year for the supply of goods and services to the Building as a whole DRAFT save for the following: • Gas Supply Agreement; and • District Cooling System Agreement.

Master Community Declaration. The Master Community is further described in the Master Community Declaration issued from time to time by the Master Developer which states the process of governance of the Master Community by the Master Developer. A copy of the Master Community Declaration is attached to this Statement at Appendix B with the JOPD available at URL Link. Building Disclosed Items Name of Building BELGRAVIA HEIGHTS WILTON TERRACES I & II Description of Building The Building is located within the Jumeirah Village Circle Sobha Hartland Master Community. The Building is a mixed-use (Commercial + Residential) residential building comprising G+4P+HC+13 Floors+RoofG+2P+12 stories. Subdivision of Building The Seller intends that the Building will be subdivided into 137 283 number of apartment Units and one (1) Retail Unit at the Ground floor and the Building Common Areas with 170 307 number of parking bays. Anticipated Commencement and Completion of the Building The Seller intends that the anticipated Anticipated Commencement of the construction of the Building shall be November 2017 22 December 2016 and the Anticipated Completion of the Building is expected to be on or before June 2021X0 0000, subject to any extension as per the clauses of the sale and purchase agreement. Building Common Areas These areas will consist of those parts of the Building which are intended for the use of all Unit Owners and not forming part of any Unit. As at the date of this Statement it is intended that the following may form part of the Building Common Areas: • The Car Park space for any individual Car Park Spaces for all unit owners; • Lobby, Entrance areas; • Entrance foyers; • Lifts; • Landscaped courtyard at Health Club leveland garden areas; • Swimming pool area; • Indoor kids play room; • Outdoor kid’s playground; • GymnasiumFitness Centre; • Male and Female shower and changing rooms; • Garbage disposal rooms; • Corridors; • Fire escape staircases; • Driveways & ramps at parking floors; • Utility services rooms; • Club Lounge & Pool External terrace area on the Health Club fourth floor; • External Roof terrace on the roof level; and • Landscaped areas within the perimeter of the Plot. A draft copy of the Building Common Area Site Plans which shows the proposed Building Common Areas is attached to this Statement as Schedule 2 of Appendix A, the JOPD available at URL Link. The Seller discloses and the Purchaser acknowledges and agrees (and in so doing the Purchaser waives all rights to future claims against the Seller in this regard) that the final number, demarcation and delineation of the Building Common Areas are still to be determined by the Seller and is subject to final survey. Accordingly, the Seller may, in its absolute discretion, vary the number, demarcation and delineation of the Building Common Areas from those depicted above prior to DRAFT or after completion of construction of the Building or handover of the Unit to the Purchaser. DRAFT Management of Building As per the Building Mangement Statement and Applicable Laws. Building Rules The Seller expressly discloses and the Purchaser acknowledges and agrees that the Seller’s draft Building Rules are attached to the Building JOPD and that the Purchaser shall comply, and shall ensure the Occupier’s comply, with the Building Rules at all times. Service Charges Provisional Service Charge of AED [14] fourteen per square feet of unit area to be paid as per this Agreement. Unit Leisure Facilities As at the date of this Statement the Seller anticipates that the Unit Leisure Facilities shall include the following facilities: • Outdoor Communal Kitchen & Dining AreasLandscaped and Garden areas; • Swimming pool with sun-bathing decks; • Indoor & outdoor fitness center; Fitness Centre • Male and Female Spa inspired shower and changing room; and room • Kids playground play areas – Outdoor; • Roof Terrace - Lawn Indoor & Deck; • Club Terrace, Club lounge & Games room; • Yoga Studio and • Lobby Lounge Outdoor The Building Manager shall prepare the Unit Leisure Facilities Budget for every operating year and submit it to be approved by RERA and shall form part of the Service Charges (but which shall be payable by the Unit Owners only). Entitlements The Entitlements have been calculated on the basis of area with the Entitlement of each Unit calculated by dividing the Unit Area by the Total Unit Areas in accordance with the JOP Law. Each Entitlement is specified in the Agreement. FM Services Agreement The Facilities and Management Services Agreement governs the management of facilities at the Building. Facilities within the Building available on a Commercial Basis As at the date of this Statement, the Seller does not intend that there will be any commercial facilities within the Building Common Areas made available on a commercial basis. Intended Land Uses within the Building The Seller intends that the Building will be for residential use only as further defined in the Agreement and the Building JOPD. Ecologically Sustainable Features within the Building The Building shall be constructed and contain such ecologically sustainable features in accordance with the requirements of the Relevant Authorities. Special Uses that apply to the Building There are no special uses that apply to the Building other than as specified in this Statement and the Governance Documents. All uses shall be approved by the Relevant Authorities. Proposed Supply Agreements The Seller has not entered or intend to enter into any proposed agreements for a term exceeding one (1) year for the supply of goods and services to the Building as a whole DRAFT save for the following: • Gas Supply Agreement; and • District Cooling System Agreement.

Master Community Declaration. The Master Community is further described in the Master Community Declaration issued from time to time by the Master Developer which states the process of governance of the Master Community by the Master Developer. A copy of the Master Community Declaration is attached to this Statement at Appendix B with the JOPD available at URL Link. Building Disclosed Items Name of Building BELGRAVIA HEIGHTS II I Description of Building The Building is located within the Jumeirah Village Circle Master Community. The Building is a mixed-use (Commercial + Residential) building comprising G+4P+HC+13 G+4P+HC+15 Floors+Roof. Subdivision of Building The Seller intends that the Building will be subdivided into 137 155 number of apartment Units and the one (1) Retail Unit at the Ground floor Floor and the Building Common Areas with 170 193 number of parking bays. Anticipated Commencement and Completion of the Building The Seller intends that the anticipated construction of the Building shall be November 2017 and the Anticipated Completion completion of the Building is expected to be on or before June Q3 2021, subject to any extension as per the clauses of the sale and purchase agreement. Building Common Areas These areas will consist of those parts of the Building which are intended for the use of all Unit Owners and not forming part of any Unit. As at the date of this Statement it is intended that the following may form part of the Building Common Areas: • Car Park Spaces for all unit owners; • Lobby, ; Entrance areasAreas; • Entrance foyers; • Lifts; • Landscaped courtyard at Health Club levelLevel; • Swimming pool area; • Outdoor kid’s playground; • Gymnasium; • Male and Female shower and changing rooms; • Garbage disposal rooms; • Corridors; • Fire escape staircases; • Driveways & ramps at parking floors; • Utility services rooms; • Club Lounge & Pool terrace on the Health Club floor; • External Roof terrace on the roof level; • Landscaped areas within the perimeter of the Plot. A draft copy of the Building Common Area Site Plans which shows the proposed Building Common Areas is attached to this Statement as Schedule 2 of Appendix A, the JOPD available at URL Link. The Seller discloses and the Purchaser acknowledges and agrees (and in so doing the Purchaser waives all rights to future claims against the Seller in this regard) that the final number, demarcation and delineation of the Building Common Areas are still to be determined by the Seller and is subject to final survey. Accordingly, the Seller may, in its absolute discretion, vary the number, demarcation and delineation of the Building Common Areas from those depicted above prior to DRAFT or after completion of construction of the Building or handover of the Unit to the DRAFT Purchaser. Management of Building As per the Building Mangement Statement and Applicable Laws. Building Rules The Seller expressly discloses and the Purchaser acknowledges and agrees that the Seller’s draft Building Rules are attached to the Building JOPD and that the Purchaser shall comply, and shall ensure the Occupier’s comply, with the Building Rules at all times. Service Charges Provisional Service Charge of AED [14] fourteen per square feet of unit area to be paid as per this Agreement. Unit Leisure Facilities As at the date of this Statement the Seller anticipates that the Unit Leisure Facilities shall include the following facilities: • Outdoor Communal Kitchen & Dining AreasLandscaped and Garden areas; • Swimming pool with sun-bathing decks; • Indoor & outdoor fitness center; • Male and Female Spa inspired shower and changing room; and • Kids playground – Outdoor; • Roof Terrace - – Lawn & Deck; Deck • Club Terrace, Club lounge & Games room; • Yoga Studio and • Lobby Lounge The Building Manager shall prepare the Unit Leisure Facilities Budget for every operating year and submit it to be approved by RERA and shall form part of the Service Charges (but which shall be payable by the Unit Owners only). Entitlements The Entitlements have been calculated on the basis of area with the Entitlement of each Unit calculated by dividing the Unit Area by the Total Unit Areas in accordance with the JOP Law. Each Entitlement is specified in the Agreement. FM Services Agreement The Facilities and Management Services Agreement governs the management of facilities at the Building. Facilities within the Building available on a Commercial Basis As at the date of this Statement, the Seller does not intend that there will be any commercial facilities within the Building Common Areas made available on a commercial basis. Intended Land Uses within the Building The Seller intends that the Building will be for residential use only as further defined in the Agreement and the Building JOPD. Ecologically Sustainable Features within the Building The Building shall be constructed and contain such ecologically sustainable features in accordance with the requirements of the Relevant Authorities. Special Uses that apply to the Building There are no special uses that apply to the Building other than as specified in this Statement and the Governance Documents. All uses shall be approved by the Relevant Authorities. Proposed Supply Agreements The Seller has not entered or intend to enter into any proposed agreements for a term exceeding one (1) year for the supply of goods and services to the Building as a whole DRAFT save for the following: • Gas Supply Agreement; and • District Cooling System Agreement.. DRAFT Proposed Utility Arrangements for the Building The Seller intends that the Building will be serviced with the following utilities: • Electricity and potable water to be provided by DEWA and separately metered to the Components. • Chilled water for air-conditioning through District cooling system maintained & operated by Master Developer. • Telephone / data, television / cable television and internet to be provided by DU directly to Unit Owners. • Sewerage by DEWA; and • Gas by Lootah Gas

Master Community Declaration. The Master Community is further described in the Master Community Declaration issued from time to time by the Master Developer which states the process of governance of the Master Community by the Master Developer. A copy of the Master Community Declaration is attached to this Statement at Appendix B with the JOPD available at URL Link. Building Disclosed Items Name of Building BELGRAVIA HEIGHTS II SQUARE Description of Building The Building is located within the Jumeirah Village Circle Master Community. The Building is a mixed-use (Commercial + Residential) residential building comprising G+4P+HC+13 Floors+RoofB+G+4 stories. Subdivision of Building The Seller intends that the Building will be subdivided into 137 225 number of apartment Units and one (1) Retail Unit at the Ground floor and the Building Common Areas with 170 257 number of parking bays. Anticipated Commencement and Completion of the Building The Seller intends that the anticipated construction period of the Building shall be November 2017 24 Months and the Anticipated Completion of the Building is expected to be on or before June Q1 of 2021, subject to any extension as per the clauses of the sale and purchase agreement. Building Common Areas These areas will consist of those parts of the Building which are intended for the use of all Unit Owners and not forming part of any Unit. As at the date of this Statement it is intended that the following may form part of the Building Common Areas: • Car Park Spaces spaces for all unit owners; • Lobby, Entrance areas; • Entrance foyers; • Lifts; • Landscaped courtyard at Health Club leveland garden areas; • Swimming pool area; • Indoor kids play room; • Outdoor kid’s playground; • GymnasiumFitness Centre; • Male and Female shower and changing rooms; • Clubhouse; • Garbage disposal rooms; • Corridors; • Fire escape staircases; • Driveways & ramps at parking floors; • Utility services rooms; • Club Lounge & Pool External terrace area on the Health Club floorGround and Fourth floors; • External Roof terrace on the roof level; and • Landscaped areas within the perimeter of the Plot. A draft copy of the Building Common Area Site Plans which shows the proposed Building Common Areas is attached to this Statement as Schedule 2 of Appendix A, the JOPD available at URL Link. The Seller discloses and the Purchaser acknowledges and agrees (and in so doing the Purchaser waives all rights to future claims against the Seller in this regard) that the final number, demarcation and delineation of the Building Common Areas are still to be determined by the Seller and is subject to final survey. Accordingly, the Seller may, in its absolute discretion, vary the number, demarcation and delineation of the Building Common Areas from those depicted above prior to DRAFT or after completion of construction of the Building or handover of the Unit to the Purchaser. Management of Building As per the Building Mangement Statement and Applicable Laws. Building Rules The Seller expressly discloses and the Purchaser acknowledges and agrees that the Seller’s draft Building Rules are attached to the Building JOPD and that the Purchaser shall comply, and shall ensure the Occupier’s comply, with the Building Rules at all times. Service Charges Provisional Service Charge of AED [14] fourteen per square feet of unit area to be paid as per this Agreement. Unit Leisure Facilities As at the date of this Statement the Seller anticipates that the Unit Leisure Facilities shall include the following facilities: • Outdoor Communal Kitchen & Dining AreasLandscaped and Garden areas; • Swimming pool with sun-bathing decks; • Indoor & outdoor fitness center; Fitness Centre • Male and Female Spa inspired shower and changing room; and room • Kids playground play areas – Outdoor; Indoor & Outdoor • Roof Terrace - Lawn & Deck; • Club Terrace, Club lounge & Games room; • Yoga Studio and • Lobby Lounge Clubhouse The Building Manager shall prepare the Unit Leisure Facilities Budget for every operating year and submit it to be approved by RERA and shall form part of the Service Charges (but which shall be payable by the Unit Owners only). Entitlements The Entitlements have been calculated on the basis of area with the Entitlement of each Unit calculated by dividing the Unit Area by the Total Unit Areas in accordance with the JOP Law. Each Entitlement is specified in the Agreement. FM Services Agreement The Facilities and Management Services Agreement governs the management of facilities at the Building. Facilities within the Building available on a Commercial Basis As at the date of this Statement, the Seller does not intend that there will be any commercial facilities within the Building Common Areas made available on a commercial basis. Intended Land Uses within the Building The Seller intends that the Building will be for residential use only as further defined in the Agreement and the Building JOPD. Ecologically Sustainable Features within the Building The Building shall be constructed and contain such ecologically sustainable features in accordance with the requirements of the Relevant Authorities. Special Uses that apply to the Building There are no special uses that apply to the Building other than as specified in this Statement and the Governance Documents. All uses shall be approved by the Relevant Authorities. Proposed Supply Agreements The Seller has not entered or intend to enter into any proposed agreements for a term exceeding one (1) year for the supply of goods and services to the Building as a whole DRAFT save for the following: • Gas Supply Agreement; and • District Cooling System Agreement.