Engel & Voelkers is pleased to offer you for sale this unique G + 7 building, including basement and 52 car parking slots. The view from the apartments is over Dubai Lagoon and Dubai Investment Park.
With a total Gross Floor Area of 66,089.57 sq.ft., 46 units of 1 bedrooms, 2 penthouse units with a surface of 3,404.00 sq.ft. each, this building is the perfect match for Hotel Apartments or Residential Leases.
The expected Return of Investment is up to 10%.
At the current market the investor can also sell individual apartments for 850 AED/sq.ft., which will be 214.49 AED/sq.ft. higher than the current investment.
Each apartment will come with fully fitted kitchen.
Handover is March 2016.
Facilities:
Health club including sauna, steam room & jacuzzi
Restaurants & cafes
Large landscaped area
24 hour security
Shopping center / mini-mart / laundry
Mosque
Swimming pools
Tennis & squash courts
Ample parking – indoor & outdoor.
Competence · Exclusivity · Passion
Engel & Voelkers is one of the world’s leading service companies specialized in the sale and rental of premium residential properties, commercial real estate, yachting and aviation consisting of 650 shops operational in 39 countries.