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2 bedroom apartment for sale

£737,721

UAE / Dubai - The Sterling, Downtown Dubai, Burj Khalifa District, Dubai

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Call: 03339 396627

Key features:

  • Under construction development
  • Expected rental Yield of over 10%
  • Bank Finance available on Final Payment
  • High-end 5 star hotel standard finishings
  • Completion expected 2018
  • Good Capital Growth expected
  • Walking distance to Dubai Mall
  • Communal sports courts
  • Communal pool
  • Communal gym

Full description:

We are lucky to have this luxury two bedroom apartment back on the market at such a competitive price. Within walking distance of Dubai Mall this two bedroom three bathroom unit is part of an exclusive twin tower development.  Please request further information. SERIOUS BUYERS ONLY – ALL REASONABLE OFFERS CONSIDERED – NO TIME WASTERS PLEASE.


The Sterling

FREEHOLD Studio, 1 and 2-bedroom luxury apartments, The Burj Khalifa District, close to Downtown Dubai



Strategic location, high-end finishing, unique twin building design, private member club



 



•             Prices from: Studios SOLD OUT, 1 beds from AED 1,908,980, 2 beds from AED 3,279,642, 



•             Size Range:  Studios 500 sq.ft, 1 bed from 991, 2 beds from 1,704 sq.ft.



•             Average Price per sq.ft:  AED 1,925



•             Payment Plan:  5% deposit, 4 x 5% instalments, 3 x 5% construction linked payments, 2 x 10% construction linked payments with 10% due on completion & 3 x 10% installments over 3 years POST    COMPLETION



•             Expected completion date:  Dec 2018



•             Construction update:  Commenced  



•             Expected service fees per sq.ft: AED 21-30 (IN LINE WITH AVERAGE DOWNTOWN DEVELOPMENTS)



•             Expected rental returns:  6% gross



•             Deposit required to reserve a unit:  5%



•             Finance available:  75% LTV mortgages available to non-residents on completion



•             Show home available to visit by appointment



 



The Sterling bridges the gap between Downtown ‘business smart’ and ‘happening chic’. Its two towers’ façade featuring a silver chrome finish, reflecting the best of all worlds. A 21st century architectural expression, it is built to conserve resources in an environment that requires high energy use for cooling so is constructed in an orientation that minimizes the building’s exposure to daylight without compromising internal natural light.



Created by the world-renowned interior designer Steve Leung (with more than 100 design awards), The Sterling welcomes you the minute you step inside. A startling balance of minimalism and warmth takes over within this contemporary world, elevating the idea of home – with a touch of sterling silver.



Residents and their privileged guests, discover amenities that will surpass any to be found outside. Swimming pools, lounge areas and elevated public gardens effortlessly continue the sense of luxury. Made up of two towers (East & West Houses), with a connecting hall that make up the high ceilings lobby, retail spaces, and the elevated gardens. Every little detail in The Sterling is hand-picked to serve a higher purpose. It exudes cosmopolitan luxury. Each House comes with variety of apartment sizes and layouts to accommodate every lifestyle expectation.



 



Key Features



•             Twin Towers of Grd + 25 storey, offering 274 studios, 1 and 2-bedroom luxury apartments



•             Centrally located and within walking distance to the centre of Downtown Dubai



•             Neighbours include the Burj Khalifa, The Palace Hotel and the Opera District



•             Facilities include elevated landscaped gardens, gymnasium, Spa, Swimming Pools, retail



•             High-spec interiors designed by Steve Leung with Bosch kitchen appliances



•             Finance available:  75% LTV mortgages available to non-residents on completion



•             Show home available to visit by appointment



 



PAYMENT PLAN



5% Deposit



5% within 30 days



5% due Jan 2017



5% due April 2017



5% due Aug 2017



5% due upon 30% completion



5% due upon 40% completion



5% due upon 60% completion



10% due on 75% completion



10% due on 90% completion



10% due upon completion



3 x 10% instalments due over 3 years POST-COMPLETION



 



Why Invest? 




  • Burj Khalifa district within a short walk of Dubai Mall and Fountains maximizing rental income

  • 5* Hotel quality finishes, design and concept

  • Construction just commenced allowing for maximum capital growth

  • Distinctive ‘TWIN’ building design to ‘stand-out’ from the ‘norm’

  • POST-Completion investor friendly payment plan  

  • Opulent onsite recreational facilities



 



 


Downtown Dubai

Downtown Dubai is like no other place within U.A.E. The Burj Khalifa, currently the world's tallest building stands as it's pinnacle, towering above all, shimmering like a beacon in the desert. Most in Downtown has been built by EMAAR, possibly one of the the best developers in Dubai and the area covers 0.8 sq miles and encompasses spectacular elements ranging from residences and office space to, hotels, gardens, parks and restaurants and the largest shopping mall in the world. Opposite the mall, is home to the Dubai fountains, spanning over 900 feet and shooting more than 500 feet into the air making it the words largest dancing fountains. More than 6,600 lights, and 50 colour projectors, create an evolving display that dances to a range of music. The scale and dynamism of this district is unprecedented and seeing is truly believing as it represents not only the Emirate's capabilities but reflects the intention of its leaders to transform the Dubai region into a global centre of progress.



Downtown Dubai also boasts The Address Hotels + Resorts, The Palace Hotel and selection of 5 star hotels which redefine luxury. Targeting corporate, groups and tourists alike, these hotels offer every imaginable luxury. This area offers world-class business and financial leaders a unique, globally-oriented home in its EMAAR Square. Consisting of six towers, it has all the amenities a business hub requires: a drop-off area for important business associates, parking, courtyard cafes and restaurants along with stylish water features and walkways.



Residential properties within this whole area encase serviced hotel apartments, studio, one, two, three and four bedroom apartments to exclusive high-end penthouse residences. The majority boast magnificent city views showing the best of urban Dubai. If you are looking for a more homely feel then the 'Old Town' district offers more low level and two storey homes with ground floor featuring a garden. All apartment buildings boast 24 hour security, gymnasiums, pools and communal areas and retail units below, allowing the residents to have every convenience they could possibly need, all within walking distance. With its combination of world-class business, residential, retail and entertainment offerings, Downtown Dubai is a unique and awe-inspiring destination.



Location



Sits at the First Interchange on Sheikh Zayed Road and with easy access from Al Khail road Downtown sits next to the main business hub of Dubai, DIFC.


Elite Realty Dubai and their affiliates are able to offer a 50% 'self-certified' mortgage to qualifying buyers. Please contact us for information on how easy it is to purchase a property here in Dubai.

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Dubai (International), 29.4 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
Dubai, Elite Real Estate Brokers

29th Floor Marina Plaza Dubai Marina
03339 396627  Local call rate
About Dubai, Elite Real Estate Brokers

So, you’re interested in buying property in Dubai
Our clients choose to work with us because they trust in our knowledge, integrity, experience, reliability, and commitment to providing great service. We are Dubai-based property specialists, supporting investors to find and purchase off-plan properties in Dubai. As professional real estate agents from the UK who have been active in the Dubai property market since 2003, we have seen both the good and the bad times. Our clients are a mix of international and Dubai-based investors who buy for rental yields and capital growth, and in some cases, to live in. Many of our clients have been with us for years, a testament to our level of service, our commitment to developing long-term relationships, and our ability to consistently deliver. We enjoy working with clients from around the world and whenever possible, encourage them to come to Dubai, experience what the city has to offer, and gain a wider perspective on why Dubai continues to be one of the most exciting places in the world. We communicate with our clients regularly, keeping them informed of what is happening in the market via email, phone, SMS, or WhatsApp. Our belief is through better access to information not only on the property market but also on the city and the region generally, our clients can make informed decisions with their eyes-wide-open, giving them an advantage in the market. We take a consultative approach and always start by listening to you so we can fully understand your unique requirements, your timelines, your budget and your expectations plus your short, medium and long-term strategy. The more information we can collect from you, the more precise and accurate our deliverables will be - our recommendations will be personal, appropriate, and unique to you. It is important for your real estate agent to have many years of established contacts with key developers who have a reputation for delivering and meeting the high expectations


Disclaimer

This is a property advertisement provided and maintained by Dubai, Elite Real Estate Brokers (reference 103984_ELIS4544) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

or call 03339 396627
Calling from outside the UK? 00971527251444

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