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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 ( Thursday, 17 July 2008 )
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