2 bedroom apartment for sale
UAE / Dubai - Dubai
like this property?Call: 03339 872634
- Under Market Value
- High ROI
- Good Capital Gains Growth
- Palm Jumeirah
- Beachfront Living
- Close to Bars, Restaurants & Shopping
- Views Over Marina Skyline & Burj Al Arab
- Builder of Anantara The Palm
- Safe Investment
- 5% Down Payment
Global Investment Property is pleased to offer this fantastic residential investment in a prime location on Palm Jumeirah.
Residential properties on The Palm are in high demand with a lot of foreign buyers looking for a second home or investing in short-term let properties, giving them the flexibility of personal use, whilst the property pays its own way.
If you've worked with our company before you'll know that we only offer what we believe to be solid investments and second homes, based on extensive research and future market predictions.
We recommend Seven Residence as the developer has a proven track record of building successful projects on Palm Jumeirah, including the lavish Anantara Resort. We visited the developer to approve this project for ourselves and agree with them that residential properties that offer flexibility are in high demand.
The project is in a fantastic location offering beachfront living with views over the Dubai Marina skyline or the Burj Al Arab. The development sits on the trunk of The Palm, opposite the Nakheel Mall and in close proximity to 5* hotels.
As an owner, you'll be able to use the beach, gym or rooftop infinity pool, as well as visit any of the restaurants, bars or outlets in the neighbouring hotels or mall. If, however, you're looking for a quieter residential experience then you can simply stay within your building and visit the boutique cafes and restaurants, or perhaps the gourmet grocery store on the ground floor.
The properties come unfurnished, giving you the freedom to make mark, or we can recommend an interior designer that we've used successfully in the past.
The property comes with a fully fitted designer kitchen, including range cooker and white goods; its open plan layout with breakfast bar allows the apartments to be light and airy.
The finish in this project is excellent, with soft close draws, floor to ceiling windows, walk-in wardrobes and luxury fittings in the bathrooms, that include floating vanity units and rain showers.
The project will be complete in late 2019 and prices are under market value even for off-plan.
Studio / hotel style rooms From £151,000
One bedroom From £207,000
Two bedrooms From £399,000
Three bedrooms From £712,000
Investors would find the one and two bedroom properties would return 7% + and give healthy capital gains upon completion.
We don't usually recommend studio apartments, and this is because they usually come out as a negative buy when we do the calculations (you should never trust a developer's claims), but in this case we would recommend these studios as the price is way under market value and the unique location would return 10% + from short-term lets. If you're considering the long term let route then you should'nt look at studios (call us to discuss our reasons why).
If you're looking for a holiday or second home, then the two or three bedroom properties are one of the best off-plan purchases currently on The Palm, at an incredible price.
Each property comes with allocated underground parking.
You can book this property with as little as 5% down payment and there are flexible payment plans available depending on your needs.
If you are considering a property purchase in Dubai then you should contact us before you make the commitment. Our service is FREE to you. We are not an estate agent working for the seller, but an investment consultancy working for you.
To find out more contact us here in the UK on the number below, or via email.
All monies are paid into an ESCROW account, which is held by the Dubai Government, and released to the developer after they complete pre-set stages of the build. (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:
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.
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**************************
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