Project Overview :
payment plan :
20% on booking + 4% land registration
20% on 50% construction
20% on 100% construction
40% at the time on Handover
Average Daily Rate for one Floating Seahorse AED 15,000*
Each Floating Seahorse can accommodate up to six people. The total built size is 182m2
Estimate Annual Rental Revenue AED 4.5 million*
Based on 300 nights rented per year.
Total Operating Costs (60%) AED 2.7 million**
**** PROPERTIES ARE SUBJECT TO AVAILABILITY *******
************ Please note, YOU DON'T HAVE TO PAY maintenance fees which are AED 20 per square foot)
Estimated Total Profit (ROI per year) AED 1.8 million +++ ************
1.Each Floating Seahorse has three floors and will be built and approved as a boat:
• Underwater level
• Sea level
• Upper deck
2. Each Floating Seahorse can provide up to three bedrooms, each with its very own personality and character:
• The underwater master bedroom.
• The sea level sleeping accommodation.
• The informal bed under the stars on the upper deck.
3. Bathrooms & pools:
• One master bathroom at the underwater level including a double basin, a shower with a bidet and a bathtub facing the coral reef.
• One bathroom at sea level.
• One Whirlpool on the upper deck with a glass floor that acts as a skylight on the living room ceiling.
• One external shower on the main deck.
anytime from 9 am to 9 pm x 7 days a week & our sales office 04 4385232 anytime from 10:00 a.m. to 6:00 p.m., Sunday to Thursday. Diamond City Real Estate ORN # 823, Broker No. 26085