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Condo Investment - Self Sustaining Long Term Investment [ SOLD ]

 Region: Dubai Sports City

 Price: EUR € 185 000

 Bedrooms: 0

 Property Type: Apartment

 Development State: Off Plan

 
Description:
As Dubai Investment Consultants we have one primary objective; to deliver you the client high performance and carefully structured, offshore investment opportunities.

Therefore we have pleasure in presenting 17 Storey Kensington Royale Apartment Residence Tower in Sports City, Dubailand. Middle East Development is developing a 5 star quality luxury 252 room Apartment Residence Tower that will provide guests and owners with top quality services and facilities as well as maximum occupancy and returns utilizing a world-wide reservation system.

Key Features:
*5 Star style
*16 Floors
*252 luxury room (Studio, 1 bedroom and 2 bedrooms)
*Restaurants, Coffee Shops, Boutique, Health Club and Spa.

Investment Features:

*The room will be leased back to Middle East Development for a period of 20 years with automatic option to renew

*The tower will yield high rental return via use of a world-wide reservation system and targeting the tourist market of Dubai.

*The owners rent will be paid yearly in arrears and will be 60% of the net profit generated from the operation of the rental program of the apartment for the preceding year. This equates to a minimum of 8% return on investment and will be guaranteed for the first 3 years by Middle East Development.

*Owner has up to 30 days personal usage per year.

Dubai Sports City will become the breeding ground for champions, featuring world-class sports academies aimed at transforming young athletes into global competitors. Dubai Sports City in Dubailand is second to none and is located in the 3 billion square feet theme park being developed by Dubai Holdings, which will again ensure maximum demand for room nights. The professional management of MED combined with the use of a world-wide reservation system will provide a safe and reliable investment opportunity. This is a once-in-a-lifetime chance to own your very own apartment in a luxury Apartment Residence in Dubai Sports City whilst being guaranteed an annual income return on your investment.

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Remember to request our full Dubai Investment Analysis or a call from our Directors in charge of this project to who will be happy to walk you through this investment and answer any questions you may have.
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