For Sale:
Dubai Apartments
The World Islands
The Heart of Europe
Portofino Hotel
Bayut - 7737-wKbFUD
The-Heart-of-Europe. jpg
AED2,320,000
Portofino Hotel, The Heart of Europe, The World Islands, Dubai
1 Bed
1 Bath
577 sqft

Available Guaranteed Buyback | Exclusive Private Island Ownership | 100% Return on Investment

Portofino aims to emerge as the premier five-star family-centric hotel and resort in the area, presenting an ideal sanctuary for both investors and families. Nestled amidst authentic Italian architectural marvels, scenic landscapes, a charming harbour, crystal-clear waters, and breathtaking vistas of the sea and Dubai skyline, this venture pledges an unmatched experience.

Comprising three expansive wings - Bellissima, Dolce Vita, and Felicita, each paying homage to beloved Italian terms - the hotel offers enchanting views of the sea, beach, and verdant gardens. Tailored for families, this opulent establishment features the Kingdom of Portofino Kids Club and the La Donna Ladies Clubharbour and spa. Each suite is meticulously crafted with generous storage, a dedicated children’s bedroom, and a playroom brimming with toys.

Noteworthy amenities include 463 deluxe suites with balconies, a lobby adorned with 514 aquariums, the Kingdom of Portofino kids club, the La Donna ladies’ spa and lounge, and seven annual cultural festivals. Guests can luxuriate in five swimming pools, including an Olympic-size pool, and direct access to Rainbow Beach’s family section.

Cash buyers can benefit from exclusive discounts, with standard unit prices commencing at 2.4 million AED, offering expansive accommodations spanning 78 square meters. Project completion is slated for 2024, complemented by a flexible payment plan of 30%-20%-20%-30%.

This investment opportunity holds promising prospects, including a 100% ROI within 12 years, an annual net return of 8.33% (excluding additional fees), 14 days of complimentary stay per year, and an anticipated quadruple surge in real estate value on the islands.

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - 7737-wKbFUD
  • CompletionOff-Plan
  • Added on8 May 2024

Features / Amenities

Furnished
Balcony or Terrace
Swimming Pool
Jacuzzi
+ 30 more amenities

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