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High yield commercial and residential investment opportunities. Arjan is a district in high demand at the heart of 'New Dubai'. Early entry investment, with 10 & 20 year leaseback options.
This selection of commercial and residential properties offer an opportunity to invest early into Arjan, a district in high demand situated on the Emirates Road at the main entrance to Dubailand. Demand for commercial premises far outweighs supply in Dubai, creating potential for high rental yields and also high demand for housing from workers.
The Investment
Located in the impressive central Dubai financial district, built in a ‘New York’ style
20 year leaseback investment for residential units
10 year option for leaseback on commercial units
No capital gains tax: tax-free zone
19 trade-free zones
Freehold property
Close proximity to shopping malls and the Maktoum International Airport (10 minute drive)
World’s 4th largest logistical network: Dubai Port World handled 43.3 million TEUs via its 42 terminals in 2007
Dubai GDP growth expected to reach 67 billion USD by 2010
Powerful leadership and growth(GDP expected to grow from 37 billion USD to 108 billion USD by 2010) backed by General Sheikh Mohammed bin Rashid Al Maktoum
Currently, the district of Arjan is made up of 25% residential and 75% commercial use
The Exit Strategies
RESIDENTIAL UNITS
Long term strategy:
20 year leaseback with personal use (compulsory)
Estimated 45% ROI per annum, based on conservative room rental rates spread across high, mid and low seasons to provide fair representation of expected returns.
Annual returns are expected to yield around 25%, a conservative estimate in today's growing market
60% of rental income returned to investors
Rental income paid into ‘revenue pool’ and calculated on a per square foot basis. Even if the apartment is empty, investors still profit
High capital growth expected due to the area’s infancy –15% projected per annum over the next two years
Short term strategy:
Though there is a compulsory 20 year leaseback attached to these residential investments, there are no restrictions on re-sales after 10% is paid.
Interest in Dubai remains high:
Around 1,000 new residency visas are being issued daily
Tourism is expected to triple by 2010
Dubai continues to attract the attention of major local and international investors
As construction near completion, a continuing strong demand for re-sales is expected from resident professionals and investors all seeking high rental returns.
The Facilities
5 Star levels of service
Daily housekeeping
24-hour reception
Room service
Satellite television
International direct telephones with wake-up call facilities
Covered parking space for each apartment
24-hour reception and message service
Concierge
Round the clock security and maintenance coverage
Laundry and dry cleaning
Elegant lobby area
Storage Facilities
The Sport and Leisure Facilities
Temperature controlled roof-top swimming pool with jacuzzi for year-round use
Fully equipped health clubs
Relaxing sauna and steam room
Luscious landscaped gardens
COMMERCIAL UNITS
In addition to many of the above factors, the commercial units also benefit from the following:
10 year leaseback (compulsory)
Re-sale available after initial 10% down
Rental yield averaging 27%, but reaching 30% in some cases
One of the lowest price per square meter among major business cities
The Security
This developer has registered all the projects included in this report with RERA (Real Estate Regulatory Agency).
RERA, part of the Dubai Land Department is a governing agency that formulates, regulates, manages and licenses various real estate related activities within Dubai.
Property developers in Dubai are legally required to register on the RERA’s register to build and develop property in the Emirate of Dubai. This means that the developer has met the legal requirements as of Law. No. 8 of 2007.
Requirements to satisfy RERA:
Membership certificate from the Dubai Chamber of Commerce
Ongoing trade license
Details of the projects (new and future ones) according to the accredited project's detail model
Architectural designs and plans for accredited projects from specialised bodies and the main developer
Sales contract between the main and sub-developers
Title deed of the project’s land
The Developer
This British developer has offices in Dubai, the UK and the British Virgin Islands. Boasting 20 years of experience in the property market place, the developer is responsible for creating the formula and structure of these high yield investment opportunities, having learned the importance of moving with the times as consumer trends evolve.
Their core business is the development and sale of residential property in Dubai, while specialising in maximising returns for their clients, through a range of apartments in prime locations with guaranteed rental returns.
The Rental Management Company
All of the developments receive rental services from the developer’s own in-house rental specialists.
They deal with the marketing of the developments worldwide through national press, tour operators and often source multinational companies with staff accommodation requirements
A dedicated call centre has been set up in Dubai to handle all enquires with state-of-the-art booking processes, both web and voiced based, ensuring the investment is let as often as possible therefore increasing investors’ returns
Facilities Management
"Facilities management is the integration of processes within an organisation to maintain and develop all agreed services, supporting and improving the effectiveness of its primary activities".
Within this fast growing professional discipline, the developer is able to offer high class management and maintenance services within their developments
Services offered include the provision of a complete team of managers, reception desk services, security and cleaning services
The developers are proud to say that they only employ the best, well trained, well presented multilingual professionals, working to have everything in place to ensure that clients’ apartments are run to the highest level and ensuring they receive the highest possible returns from their investments
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