| JVS boutique hotel with 10% guaranteed returns |
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Boutique Hotel in Jumeirah Village. The tower is G+10 and each floor includes 27 studios and 1 beds. Built up area 19,000 Floors 1-4 hotel apartments Floors 5-10 boutique hotel Ground plus 10 floors Total of 268 units Floors 1 to 4 are fully furnished hotel apartments Floors 5 to 10 are fully furnished boutique hotel suites All include full 5* facilities The total built up area/floor from floors 1 to 8 is 20,747 sq.ft This is 100% Freehold Located at the intersection of the main highway and the outer ring Location Lying at the heart of Dubai's most desirable district, Set amid luscious landscaped surroundings, Promises every amenity required for true world class living, Ideal location between Sheikh Zayed Road and Emirates Road. Everything it offers is mere minutes away including, pristine beaches, unprecedented shopping and hospitality. Also in close proximity are Sports City, Dubailand the Business hub and internet city Predominantly being a luxury residential area this is an ideal location for a Boutique Hotel. Prime location for transport links around Jumeirah Village. Minutes from the local shopping centre and town centre. Walking distance from central park. The plot is within district 14 on the inner circle. Payment Schedule For Individual Units Dhs 10,000 on reservation 10% on booking 15% 2 months from booking payment 10% 5 months from booking 15% 8 months from booking 10% 11 months from booking 10% 14 months from booking 10% 17 months from booking 10% 20 months from booking 10% 23 months from booking 10% on completion Returns on Investment Option 1 10% rental guarantee Based on the purchase price Paid quarterly for 10 years Option 2 50/50 Shared net profit based on occupancy Investor can stay in property for 14 days FOC An expected rental return of 15 - 20% ( Based on occupancy) Investment Security Dubai is becoming a more regulated market increasing the security of investors Established developer that has an extensive and proven track record. Has received land department approval as a developer projects are operating under escrow accounts
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| Last Updated on Thursday, 17 July 2008 13:06 |
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