Location : Dubai, UAE

Annual appreciation: 50% – 55%

ROI – Return on investment of Property

Option 1: 10 % Rental guaranteed based on purchase price - Paid quarterly for 10 years.

OR

Option 2: 50 / 50 % shared net profit on based on occupancy investor can stay in property only 14 days FOC.

Note from developer: An expected rental return of 15 – 20 % Based on occupancy.

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 – Jumeriah Village 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. 14 days Free Annual Holiday - individual owners are entitled to stay at this residence for a total of 14 days annually.

10. Prime Location - This project is located in the perfect location to draw guests from the neighboring, complete with views.

PROPERTY FEATURES

1) Property Type : Fully serviced Hotel Apartment
2) Total Floors : G + 10 Floors
3) Flooring : Ceramic Tiled
4) Furnishing : Fully Furnish
5) Additional Rooms : Nil


AREA DETAILS

1) Floor Plan : Provided separately

PROPERTY PRICE

1) Price per Unit Area (approx): AED 1,700/Sq.ft
1st Transfer free + nPeaks Brokerage 2%

PAYMENT SCHEDULE:

10% Immediate on booking
10 % 2 months from booking
10 % after 5 months from booking
10 % after 8 months from booking
10 % after 11 months from booking
10 % after 14 months from booking
10 % after 17 months from booking
10 % after 20 months from booking
10% after 23 months from booking
10 % on completion (Anticipated 2nd quarter 2010)



TRANSACTION DETAILS

1) Transaction Type : New Property
2) Age of Property : Under Construction
3) Property Availability : 2nd quarter 2010
4) Property Ownership : Free Hold


PROPERTY LOCATION

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


PROPERTY FEATURES AND AMENITIES

• Power Back-up : Yes
• Security/Fire Alarm : Yes
• Centrally Air Conditioned : Yes
• 5 Star elegant Lobby: Yes
• Convenient covered Parking: Yes
• Private Garden/Terrace : No
• Reserved Parking : Yes
• Visitor’s Parking : Yes
• Swimming Pool : Yes
• Intercom Facility : Yes
• Lift (S) : Min 4 Nos (high speed elevators)
• Park : Yes
• Fitness Centre/Gym : Yes
• Security Personnel : Yes (24*7)
• Maintenance Staff(s) : Yes*
• Water Storage : Yes
• Waste Disposal : Yes

PROXIMITY LANDMARKS (Distance in Mins)

1) Airport : 30 Mins to DXB International Airport
2) Hospital : 15 Mins
3) Banks/ATMs : 10 Mins
4) City Centre : 15 Mins
5) Schools : 20 Mins

Comments/ Remarks

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