1 bedroom Apartment for sale in Marina 101, Dubai Marina

Sale Price: AED1,307,900

Marina 101, Dubai Marina, Dubai Marina, Dubai

Apartment
1 Bed(s)
2 Bath(s)
Available

 
 
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 C09 Rise Tower, Tecom P.O. Box 392865 Dubai
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Street Address

Marina 101, Dubai Marina, Dubai Marina, Dubai

Property description

-Marina 101 (will be 2nd largest building in Dubai after Burj Khalifa)
-8% gross return
-Completion in December 2015
-1 and 2 bedroom units Total square footage per unit: 1 bed unit = 1,189 and 2 bed unit = 1,750 sqft
-Price per sqft AED 1,100

HMS homes are pleased to introduce this great investment opportunity in Marina 101 Tower. The return is based on a competitors study around the Marina area and other prestigious hotels, and the projection is of 8.1% NET return based on a 80% occupancy (the occupation rate in the Marina area was >95% LY).

The rooms are finished to a very high level with brand new furniture. The apartment will be managed by the hotel management so you have nothing to worry about. The owner is allocated 28 days per year to stay in their apartment which is a generous offer. As you enter the apartment you are greeted with a spacious living/dining area which has large windows with a lovely view! The kitchen is complete with appliances and finished to a very high standard. The large master bedroom has an en suite, built in wardrobes. The property also comes with a guest w/c and 1 underground parking space.

Call HMS on +971554119702 or email at info@hmshomes.com for further details

Property Features :

  • Balcony
  • Private Pool
  • Covered Parking
  • Built in Wardrobes
  • Kitchen Appliances
  • Shared Gym
 
 

SPF Realty (Gulf Sotheby's International Realty)

 EMAAR Business Park, Bldg.1 Sheikh Zayed Rd., Dubai, UAE / PO Box 9823