2 bedroom Apartment for sale in Downtown Dubai, Mohammad Bin Rashid Boulevard

Sale Price: AED3,459,555

Boulevard Point, Downtown Dubai, Dubai

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

 
 
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Street Address

Boulevard Point, Downtown Dubai, Dubai

Property description

Description:

Why BUY in Boulevard Point:

- In our opinion, Downtown Off Plan provides the best Investment opportunities for capital gains over a period of next 3-4 years, given that Dubai Mall and Downtown area pretty much like Central London is the Center and heart of Dubai. It is the focal point for Investments for the rich Gulf and other overseas Investors interested in a 2nd home in Dubai. Although the over all supply of residential units in the other parts of Dubai in the medium or short term may keep the prices low, Downtown Dubai area will still remain an area where the ultimate demand always trumps the supply.

- Prices for the ready units are already very high such as in Address Downtown Hotel, the front facing fountain and Burj Khalifa view units are currently priced at AED 7,000 per Sq. ft. Similarly in Burj Residences, the prices are in excess of AED 3,500 per Sq. ft for front facing units. Therefore any Off Plan projects in closer proximity to Dubai Mall and with views of Burj Khalifa and Fountain is bound to see a steep rise in value once ready.

- Since the primary target for 2nd Home Investors is to be close to Dubai Mall, Boulevard Point bldg provides the best opportunity currently since it is not only located bang opposite the Dubai Mall but has inside access from the building itself to enter Dubai Mall. This is the only pure residential building with this great advantage that is the key to the purchase considerations of the Gulf and other rich 2nd home investors.

- Boulevard Point will have much lower annual service and maintenance charges compared to the Address units almost half the costs. So for BUYERS looking at 2nd Homes, this is a definite consideration.

- Also being a purely residential building, the 2nd Home Buyers can choose to furnish it any way they like and as per their tastes, unlike the Address units which come fully furnished.

- Boulevard Point also shares the same podium level as Address Fountain Views (3 Towers) and therefore being the only residential building in this location next to 3 Addresses plus being opposite of Address Downtown Hotel, will definitely make it an obvious choice for the Investors looking to be around this location and not wishing to pay higher per sq.ft pricing as in the Addresses Units. This will also give them the option of furnishing the units as per their own choice and the advantage of a lower annual charges compared to Address Units.

- the premiums are still very reasonable & cheap. With the original price around 2,200 per sqft & premiums of 15%, you are buying less than 2,600 per sq.ft. on the same podium level above Dubai Mall where the Address Fountain Views are priced at 3,800 to 4.000 Dhs. per sqft.

- Once ready most of Buyers will realize the opportunity cost of Blvd Point being the only residential building above Dubai Mall and the advantage of lower annual service charges compared to Addresses and also to be able to furnish it their way. These features will automatically increase the prices & premiums in Boulevard Point more than any other buildings.

- Another advantage that you have on Boulevard Point that once you transfer today with 40% payment, there is no other payment due till end 2016 depending on when construction status of 20% is achieved. That means no additional Investment within the next 12 months period.

- The offer on this Unit is a great opportunity to Invest your money in something which not only is a great medium to short term buy but an even greater Trophy Investment in the longer term. It has the panoramic views of Fountain, Burj Khalifa, Downtown Boulevard & Sea.

T: +97143631999 or 800 RWI (794) | M: +971529068470 | E: | W: www.raywhite.ae



Property Features :

  • Size: 1428.00 SqFt
  • Bedrooms: 2
  • Bathrooms: 3
  • Price / SqFt: 2422 AED
  • Property Reference: RWI-S-1898
  • Building: Boulevard Point
  • Amenities: Central A/C & Heating , Balcony , Private Jacuzzi , Shared Gym , Covered Parking , Built in Wardrobes , Built in Kitchen Appliances
 
 

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