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FSBO Apartment - Flat in Dubai

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Apartment/Flat Description

FSBO
A fully furnished freehold serviced apartment with stadium views.Built to high specifications the unit will be leased back to the developer for 10 years on a rental management scheme with the option of ending the agreement after 2 years if the owner wishes.The unit no1806 is on the 18th floor of a 28 story tower which is a mixed use building comprising of residential units on floors 12 through to 27 but there are also 10 executive apartments at ground floor level.The remaining floors are devoted to commercial office space.The units will be targeting the short to mid term rental market specifically clients attending the sporting events and conventions etc.If the owner opts out of the rental scheme after 2 years they can rent the units out themselves or live in them.The completion date has been confirmed by the developers as May 15 2011.

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Approximate price of this 1-Bed Unknown
AED700,000 AED | 
€129,822 EUR | 
£103,897 GBP | 
US$162,875 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 809878 
Town Dubai 
Province Dubai 
Country United Arab Emirates  
Type Apartment/Flat
Bathrooms
Bedrooms
Build Size 55.93 
Category Off plan 
Listed over 1 year ago
Innovative investment strategies offering 25% annualized returns regardless of market conditions   Find out more >>

Property Characteristics

  • Pool:  outdoor shaped rooftop swimming pool,temperature controlled
  • Views:  views overlooking the stadiums which include the completed cricket and hockey stadiums aswell as the main 60000 seater stadium under consruction.
  • Garden:  garden on ground floor communal areas
  • Parking:  underground basement parking for 400 cars
  • Kitchen:  electric oven/hobb fridge freezer microwave cutlery plates glasses
  • Distance to Beach:  5-10km
  • Distance to Shops:  less than 1km

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Price: AED700,000

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Purchase this Apartment/Flat in Dubai for

AED1,173p/m

(50% LTV, 4% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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