3. The property is proposed to be a combination of Commercial at Ground and First Floors extended over 7, 760.00m2 and 3 Blocks, Blocks A & B reserved for residential act and Block C as Clinic Building. As well, The developed Buildings is arranged over 4 basements levels, reserved as cars parking PROJECT DESCRIPTION PROJECT : Development of Commercial and Residential Complex. CUSTOMER NAME: Noor Capital P.S.C LOCATION: Sector W-68, Plot C-2a Abu Dhabi - U.A.E.

4. { Basement 1, 2, 3 and 4 for total of 383 cars capacity.

5. Ground Floor: Includes the Residential blocks main entrance and the Clinic main entrance, Shops and Services.

6. First Floor: Serves as Commercial use (Shops).

7. Residential Buildings 1. Block A Each of the Typical floors consists of (9 Units) 1-Bedroom flats. Total Number of 1-Bedroom flats: (144) Flats 2. Block B Each of the Typical floors consists of (2 units) 2-Bedroom flats and (2 units) 3-Bedroom flats. Total Number of 2-Bedroom flats: (32) Flats Total Number of 3-Bedroom flats: (32) Flats

8. Clinic Building Each of the typical floors consists of Designed Clinic Units. Total Numbers of 58 nos will be described as follows: Clinic Type A: Reception and 4 Dector rooms, total of 32 units. Clinic Type B: Reception and 2 Dector rooms, total of 21 units. Clinic Type C: Rreception and 1 Dector rooms, total of 5 units. the clinic building is designed to be complied with health authorities requirements.

9. Direct & Indirect Cost Size and Cost FloorsAreaCost / SqmConstruction Cost Parking / Basement 16,257 2,926 47,567,982.00 Shopping Area 7,760 3,350 25,996,000.00 Clinic Building 10,352 3,717 38,478,384.00 Residential 1 11,952 3,609 43,134,768.00 Residential 2 11,360 3,609 40,998,240.00 Roof 250 3,208 802,000.00 Total 57,931 196,977,374.00 Total Direct and Indirect Costs Floors Total Direct Total IndirectGrand Total Parking / Basement 47,567,982 3,516,389 51,084,371 Shopping Area 25,996,000 1,843,000 27,839,000 Roof 802,000 57,600 859,600 Clinic Building 38,478,384 2,648,559 41,126,943 Residential -1 43,134,768 2,993,378 46,128,146 Residential 2 40,998,240 2,845,112 43,843,352 Total Construction Cost 196,977,374 13,904,039 210,881,413 Cost of land Total area 4,065 Cost pr sq. Mtr 27,060 Cost of land 110,000,000 Cost/ sq. m (Build Up) 2,640

10. NC Medical Services Portfolio 50% of the Cost of the Land 55,000,000 50% of 30% of Direct & indirect cost of the project31,632,212 50% of the loan adminstration fees and interest during the construction7,697,172 Capital of the Portfolio 94,329,383 The Portfolio will pay 55,000,000 to purchase 50% of the land from Noor capital and establishing JV with Noor Capital. ownership 50:50 NC and the Portfolio will invest AED 63,264,424 (30% of the construction cost) and take a loan of AED 147,616,989 (70% of the construction cost ) Portfolio fees placement1%of Capital Management1%of NAV Performance10%for performance exceed 10% IRR

11. Income Statement Particulars Const Y 1Const Y2Const Y3FYE 1FYE 2FYE 3FYE 4FYE 5FYE 6FYE 7FYE 8 Gross Profit Residnetial 1 10,002,260 10,481,457 10,984,615 11,512,930 Gross Profit of Residential 2 8,017,939 8,398,203 8,797,480 9,216,721 Gross Profit of Clinic Building 15,581,40115,909,43116,704,902 17,540,147 18,417,155 Gross Profit of Retail 4,923,1335,196,6415,456,473 5,729,296 6,015,761 selling of the Buildings 0 451,625,674 Total Gross Profit000 38,524,73339,126,27041,041,035 43,051,539 45,162,567 496,788,242 Cost of Funds0(5,799,239)(8,118,934) (7,104,068)(6,089,201)(5,074,334)(4,059,467)(3,044,600)(2,029,734) (1,014,867) Depreciation 30 years000 (7,029,380) selling of the buildings (264,646,369.31) Profit Net Profit0(5,799,239)(8,118,934) 23,376,41824,992,82227,922,45428,937,32131,962,69132,977,55836,103,453 224,097,625

12. Cash flow Particulars Constr Y1 Constr Y2 Constr Y3FYE 1FYE 2FYE 3FYE 4FYE 5FYE 6FYE 7FYE 8 Invested 174,740,5935,799,2388,118,935 0 Cash Flow From Loan 0105,440,70742,176,282 Construction & Land Cost 174,740,593105,440,70642,176,282 All Gross Profit Residnetial 1 10,002,260 10,481,457 10,984,615 11,512,930 Gross Profit of Residential 2 8,017,939 8,398,203 8,797,480 9,216,721 Gross Profit of Clinic Building 15,581,40115,909,43116,704,902 17,540,147 18,417,155 Gross Profit of Retail 4,923,1335,196,6415,456,473 5,729,296 6,015,761 selling the buildings 451,625,674 Total Cash Flow from revenues 38,524,73339,126,27041,041,035 43,051,539 45,162,567496,788,242 Cost of Funds 0(5,799,239)(8,118,934)(26,571,058)(25,556,191)(24,541,324)(23,526,458)(22,511,591)(21,496,724)(20,481,857)(19,466,990) Net Cash Flow 0(0) 11,953,67513,570,07816,499,71117,514,57720,539,94821,554,81524,680,710477,321,251