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RED RESIDENCE Dubai Sports City Condo-Hotel Unit 1BdrKENSINGTON ROYAL Dubai Sports City Condo-Hotel Unit 1Bd
RED RESIDENCE Dubai Sports City Condo-Hotel Unit 1Bdr
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Investor Summary
* Great Growth Opportunity
* 13% net income projected for 20 years
* Fully Managed
* Prices From only £85,000
* 5* Fully Furnished Apartments
* 30 days a year personal use
* Hands off investment
* No Annual Fees
* Luxury Facilities
The Cube is a unique and innovative landmark tower that will occupy a prime location within Dubai Sports City.
Starting price from 75,000 EUR (112150 GBP) for a studio flat. 1 and 2 bedroom also available.
This is one of the most exciting and safest investment opportunities you are likely to find. A 20 year management contract contract is available with projected annual yields of 10%-15% for the entire term.
Each luxury apartment is delivered with an elite furniture package and has a 30 day personal useage element for the owner. Put this investment to the back of your mind for 20 years, produce an additional tax free income and watch your investment grow.
The Cube will be run as luxury serviced hotel apartments, the management group will be an experienced, high profile and efficient hotel management company used to operating in the upper market and capable of maximizing occupancy figures. At present this topic is under negotiation with a number of well known hotel operators and management companies.
The Cube offers its owners a state of the art high end investment projecting a minimum of 10% return on investment.
The Cube is being sold as a fully furnished studio, 1 and 2 bedroom apartments, equipped and managed as a 5 Star facility and as such will comprise of all the following amenities;
Included in the apartments:
* Fully equipped kitchen with, oven, microwave and all electrical items
* High Speed Internet Access
* Home Theatre System with LCD multi-channel Satellite TV
* IDD Telephone with voice mail
* Safe
The Cube Features/Amenities:
* Lobby lounge, café and restaurant
* Garden health club with pool deck, outdoor Jaccuzies, wellness bar and fitness center
* Fully equipped business center with state-of-the-art conference and meeting rooms
* Book & newspaper shop
The Cube Services:
* 24-hours reception desk
* 24-hours housekeeping & turndown service
* 24-hours security on call
* 24-hours valet parking service
* Room Service
* Concierge
* Laundry and dry-cleaning service
* Breakfast service
* Airport transfers service
* Wake up call service
* Car and limousine rental
* Mobile telephone rental
* Shoeshine service
* Daily complimentary newspaper
* Wireless Internet access in all public areas
Why Dubai?
* Tax free country
* Continued multi million pound commercial and residential sector expansion
* Maturing finance market will lead to lower rate of borrowing
* Population set to increase from 1.67m-3.5m by 2010
* Freehold investments available
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