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| Features: Pool, Parking | ||||||||||||||||
| Amenities: Shops, Bars & Restaurants, Gymnasium, In Spa Resort | ||||||||||||||||
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Description: The Cube - investment property in Dubai Sports City The Cube, a five-star investment property in Dubai's Sport City, will have an undeniable presence within Sports City in Dubai thanks to its unique and striking design and architecture. The building has front views of the beautiful urban lake landscape and mall park, with the rear view overlooking four impressive stadiums that will host a 12-month calendar of world-class sporting events. Reasons To Invest in The Cube, Dubai Sports City
Situated in the Greatest Sports Location in the World - Dubai Sports City, A winning place for property investment! Just as Dubai Sports City offers a centre of excellence for sporting events worldwide, The Cube will be a masterpiece of architectural design, offering a residence of unsurpassed quality right through from building specifications, quality of materials used and high-end fixtures and fittings. It is the first German developed, designed and contracted residential project to be built in Dubai, ensuring unrivalled quality. The management company of the condo hotel offers 50% of the net operating profit generated through a rental program. Being located next to the sports arenas, there will be unrivalled demand for occupation of the units from high-profile sports personalities, athletes, coaches and visitors alike. In addition, the management company operating the five-star property will offer exceptional facilities and services to condo apartment owners as well as to hotel guests. Owners will be able to use their residence up to 30 days per year and place it in the hotel's rental program when they're not there. Breathtaking Fully-Furnished Studios and Apartments with Stunning Views The Cube comprises 561 apartments, Studios, 1 and 2 bedroom apartments. The apartments are handed over fully furnished and with all home appliances. Each residence will feature the following:
Price: From from AED3,087,071 Multitude Resort Facilities and Service The Cube will have a full range of facilities including:
Services offered:
Winning Investment offering a 50% Profit Share of Net Operating Profit BMG Middle East (the developer) will appoint a hotel operator / management group with proven experience in the 5 Star sector that will maximize occupancy through its brand name, reservation system and the necessary advertising and marketing. The room revenue from all of the apartments within The Cube will be pooled to achieve the Gross Revenue. From this ALL OF THE COSTS associated with the management, maintenance and running of the building are deducted leaving the Net Operating Profit. The Net Operating Profit is then split 50% to the hotel management company and 50% to the owners. Owner has 30 days of use per calendar year (blackout periods apply). Additional room nights may be rented by the apartment owner for 50% of rack rates subject to availability. A Team with an Impressive Track Record The developer is BMG Middle East Development LLC. BMG is an international German contractor based in Berlin who has delivered more than €4 billion in projects. Currently under construction The Cube will be completed end of 2009. Every effort has been made to offer information that is current, correct and clearly expressed but there can be no guarantee of immediate availability or absolute accuracy and the information do not constitute advice or recommendation. Neither the author nor publishers are responsible for the results of actions taken on the basis of information contained in this summary, nor for any errors or omissions. We would always recommend that you seek appropriate independent advice. Prices may change and are subject to currency fluctuations. |
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