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Dubai still on the crest of a wave for waterfront living

Article Date : 11 December 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Bellatora Residences in Dubai, Available on the IPIN website.Worldwide real estate company Propertyshowrooms.com unveils prestigious Maritime development in Dubai. 

The project consists of two 41 storey residential towers set within Dubai Maritime City, featuring one, two, and three bedroom apartments with sea views out to the Persian Gulf. It’s called Bellatora Residences, and is already living up to the high standards that is now expected of a premier Dubai development.

It is a state-of-the-art complex which includes six level parking facilities, smart home technology for all apartments, and futuristic office and retail space on the ground floor. The units are being offered through the International Property Investment Network (IPIN) which is the investment arm of Propertyshowrooms.com.

The head of investment acquisition at IPIN is Gareth Milton: “Bellatora Residences is the newest complex to be launched on Maritime City and can claim to have one of the best positions throughout the project, at the northern tip close to the site’s flagship marina and tower.”

While some Dubai projects have arguably been poorly situated, Bellatora Residences has been carefully chosen by IPIN for its excellent location - ideal for property investors, as Gareth explains: “Maritime City is strategically located to the north of Dubai’s main city centre and the Creek Business District, between Port Rashid and Dubai Dry Docks. The site is connected to the wider road network, providing easy access to the whole of the city, including the Sheikh Zayed road.”

Other benefits for home-owners include a modern business centre, concierge service, valet parking for residents and guests, health club and spa, and a 65,000m² manicured terrace with a variety of leisure facilities including a huge infinity swimming pool. All of which adds up to a great place to visit, to live, or simply to rent out.

And for investors this project is of particular interest due to its low entry costs, construction-related payment plan, conservative potential capital appreciation of 25% for year one, and potential rental income of 8% per annum. Demand for rental is likely to remain high, as it’s one of only 15 residential plots in this purpose-built maritime master development.

It’s also being seen as a safe bet during turbulent times on the financial markets, as the right locations in Dubai are continuing to attract investors with both short and long-term stategies for their property portfolios. As Gareth Milton concludes: “Bellatora Residences is a real stand-out project in a city of extremely high standards, and in today’s uncertain financial climate, you can be sure that investment here is a wise decision for future returns.”  

About Propertyshowrooms.com Propertyshowrooms.com is the leading web resource for worldwide real estate, for homebuyers and property investors alike.

The company works in partnership with the International Property Investment Network (IPIN). IPIN is a free service, which provides its members with a choice of only the most outstanding international property developments.

All IPIN properties have undergone a rigorous and painstaking selection programme, which ensures the best investor potential and that all legal safeguards are in place.

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