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1 bedroom apartment for sale

UAE / Dubai - Dubai

£495,612

like this property?

Call: 03339 872634
  • Description
  • Floorplan (1)
  • Map

Key features:

  • 7% ROI Guaranteed for 3 years
  • 5 years FREE service charges
  • 5* Hotel Resort with WORLD CLASS facilities
  • Globally recognised location
  • Safe Investment
  • Global hotel brand with proven track record operating on the Palm Jumeirah
  • Private beach
  • Signature Bars & Restaurants
  • Sea views
  • Furniture package included

Full description:

Global Investment Property are proud to recommend a SAFE INVESTMENT in this luxurious one bedroom hotel apartment, situated within a 5-star resort, on the on the west crescent of Palm Jumeirah (adjacent to the Atlantis Hotel Resort)

The Palm Jumeirah is on our list of safe investment areas in the Dubai market. Our research shows that the Government is investing heavily in the Palm and the immediate surrounding area, in order to attract visitors from around the world and build on an already successful hospitality market, with the Iconic Palm Jumeirah being the centre point.

The Palm already has highly successful globally branded 5* hotels, making this property slot into an existing market, where demand is high.

The developer has confidence in their product, offering a 7% GUARANTEED ROI for the first 3 years and 5 YEARS FREE service charges, after hand-over.

This investment will allow you to stay in the property for up to 14 nights per year if you opt for the hotel rental scheme (something we recommend to clients so that they can experience their investment in full).



The unit on offer is a stunning one bedroom apartment, stretching 1384 sqft, with a separate living/ dining and kitchen, and comes directly from the developer. You will be the first owner of this property which will be handed over Q3 this year (2018). On handover we expect your investment to benefit from an increase in capital gains of around 10%.

In essence, THE 8 are sumptuous, stylish and contemporary apartments, in a signature location. Inspired by the world's leading designers and using the best European finishes, this unique project is well overdue for the Palm. THE 8 brings cool, chic, Miami style living, with sophistication and lightweight architecture, in an exquisite beachfront location.


We highlight The 8 as a good investment due to the quality of the build and its unique location.
The Palm has what we refer to as a 'secondary pull'; by this we mean that the property is attractive for more than one reason, offering a more secure investment or second home. We believe that this is a good investor product and also a fantastic holiday home for those wanting to keep the property private. With no service charges to pay for 5 years, there is no upkeep cost during your first five years of ownership.

The 7% return is guaranteed by the developer under contract for the first 3 years, which is usually referred to as the grace period for hotel resorts.

All monies are paid into an ESCROW account, which is held by the Dubai Government, and will not be released to the developer until handover. (we have verified this with the Dubai Land Department).

There will be a 4% Dubai Land Department fee payable on the property, which is the fee paid for land registration in Dubai.

As an investor, you'll be entitled to open a bank account with a bank in the Middle East, which will allow you to enhance your tax-free investment.





Global Investment Property is not estate agency, but a firm of property investment consultants. We only recommend properties that have been analysed as being a 'good investment'. This is based on a number of factors, including:

• Developers history
• Local area and surroundings
• Real market sales data
• Performance of similar projects in the area
• Future plans for the surrounding area
• Performance indicators of the country
• 10-year market predictions


Our head office is based in the UK, with a sub-office in Dubai. Our location gives you the opportunity to speak, and even meet with someone here in the UK; then if you wish to travel to Dubai you'll be greeted by one of our British consultants, who will be familiar with your requirements.

A consultation with us is always free, so why not give us a call and see how we can help you to make an educated investment, with limited risk.


Call...
UK +44 7927 070 232

UAE +971 50 201 4547



Global Investment Property, Building portfolios for the future!




*************************Price is based on exchange rate at the time of listing**************************



More information from this agent

This pin shows the exact location of the property as provided by the Advertiser

Nearest Airports*

  • Dubai (INTERNATIONAL), 18.2 miles

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

Actual floor plan fo
To view this property or request more details, contact
Global Investment Property , Gwent

25 Methuen Road Newport Gwent UK NP19 0BN
03339 872634  Local call rate
About Global Investment Property , Gwent

The Best Off Plan Property Investments From Around The World

If you're looking for real advice and a company to help you build your portfolio, then you've come to the right place. We're not a traditional estate agency just looking to make the next sale, we are portfolio consultants and only offer properties that we believe will make our clients’ money. We work with an exclusive and select group of clients so that we are able to give you our full undivided attention. If you're a serious professional who's looking for a serious professional company to help you to build your property portfolio, then get in touch and we'll start the process of an exciting journey. We guarantee you've never seen a real estate company that works quite like us.


Disclaimer

This is a property advertisement provided and maintained by Global Investment Property , Gwent (reference 101) 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:

Global Investment Property , Gwent

25 Methuen Road Newport Gwent UK NP19 0BN
or call 03339 872634
Calling from outside the UK? 0044 7927 070232

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