REAL ESTATE FOR SALE (OFF-PLAN) ($ USD 312,851)
Apartment for sale in Dubai Dubai Sports City Dubai U.A.E.

Location : Dubai, UAE

Serviced Hotel Apartment - Information Sheet

Service Apartment Investment:
Dubai Hotel Market: No matter how you look at it - occupancy rates, average room
price, revenue per available room - the Dubai hotel market ranks among the world's best, and it has for several years. In 2006 Dubai hotel occupancy rates were the highest in the world at 86%. FIVE star hotel segments the occupancy rates are even higher at 92% (US$232 per room in 2006).Emirates has 80 direct flights to destinations around the world and is expecting to add another 20 destinations over the next few years.

Highlights of the Serviced Apartments Investments:

1. Fully Managed investment Property - A highly specialized investment that requires no input whatsoever, entirely hands-free designed for overseas investors.

2. Five Star Hotel Apartment - These residences will be run and managed by an international Hotel Operator, maximizing revenue and occupancy through their Brand Name and reservation system.

3. High return on investments - Ownership of Hotel Apartment promises to deliver a high return on investment as Dubai’s Hotels consistently on average earns more per room than any other country Worldwide. This residence is by far the most lucrative and sustainable Real-estate product on the market. The Seller or the management company also guarantees to distribute to the buyer at least 50% of the profits generated from operating the condominium residence.

4. Intelligent Revenue Pooling - Owners are allocated a percentage ownership according to the value / price of their purchase. Hotel revenue is pooled and individual cash returns distributed to owners based on the percentage ownership. If your apartment is vacant you still profit!

5. Fully Furnished - All apartments will be finished and fully furnished to an exceptional quality delivering the most luxurious and desirable Hotel Accommodation.

6. Freehold Title - Dubai Sports City has been awarded the Freehold title; as such this project is sold Freehold Property.

7. All lands department fees and property taxes (if ever applicable) will be paid by the apartment owner. Any income taxes if applicable are the liability of the apartment owner.


8. No Monthly Maintenance charges or fees - All cost associated with the running and maintenance of the building are absorbed by the Hotel revenue therefore no costs will be passed on to their owner directly.

9. 30 days Free Annual Holiday - individual owners are entitled to stay at this residence for a total of 30 days annually.

10. Prime Location - This project is located in the perfect location to draw guests from the neighboring stadiums and surrounding sporting facilities, complete with Stunning Lake and Golf Course views.

11. Proven German Developers- With over 10 years of experience and having completed over US $ 5 billion worth of projects in UK and Europe, this developer have consistently delivered client satisfaction and their promise of German excellence .


Property Code: 261714@19232625


PROPERTY FEATURES

1) Property Type : Luxury Service Apartment
2) Availability : Studio/ Exec.Studio/2BR
3) Total Floors : G + 27 Floors
4) Flooring : Ceramic Tiled
5) Furnishing : Fully Furnished
6) Additional Rooms : Nil
7) Apartment Facing : Stadium View/ Mallpark View/ Water View/ Park View


AREA DETAILS

1) Built-up Area :673.69 Sq.ft /1103.56 Sq.ft/1638.66 Sq.ft


PROPERTY PRICE

1) Price per Unit Area : AED 1695/sq.ft


TRANSACTION DETAILS

1) Transaction Type : New Property (Directly from the Developer)
2) Age of Property : Under Construction. Construction updates- pictures attached separately.
3) Property Availability: Last quarter 2009
4) Property Ownership: Free Hold, residence visa provided


PROPERTY LOCATION

1) Location Map : Property location on map provided separately
2) Address : Sports City
3) City : Dubai
4) Locality : Sports City


PROPERTY FEATURES

Fully equipped kitchen with dishwasher, oven, microwave and all electrical items
Washer and dryer

HOTEL SERVICES

24 hour Reception Desk
24 hour House keeping and turndown service
24 hour Security on call
24 hour Valet parking service
Laundry and Dry Cleaning service
Breakfast service
Car and Limousine Rental
Mobile Telephone service
Shoeshine service
Daily Complimentary newspaper
Wireless Internet Access in all Public Areas
Flight Confirmation Service
Travel Agent and Tour Desk
Secretarial Support
Babysitting
Pillow Menu

PROXIMITY LANDMARKS (Distance in Mins)

1) Airport : 20 Mins from DXB international Airport
2) Hospital : 10 Mins
3) Banks/ATMs : 8 Mins
4) City Centre : 25 Mins
5) Schools : 10 Mins

For Availability List - Please Contact Us.


The availability and the rates are subject to change without prior notice

NPEAKS REALTORS PROPERTIES BROKERS LLC
P. O. BOX 30432,
DUBAI,
United Arab Emirates
care@npeaks.com