8% ROI Hotel Apartment - No service fees

About the Investment:

The apartment are at a value of AED 770,582.40/-, GBP 166,439/-, the property is located at the prime location of the city walk project close to the Dubai Arena which would be holding exhibitions, concerts and sporting events would increase occupancy of the hotel. The payment plan is flexible 5% AED 36,694 GBP 7,849.96/- ONLY. On completion 60% would have to be which in 2020.

Why Buy in Rove:

Rove is a brand of Emaar hospitality and Emaar Properties have state of the art hospitality project already operating. This is the first time that Emaar Properties has decided to give the investors an opportunity to invest in Mid income or 3 to 4 star hotels. There are currently 4 properties in prominent areas of Dubai and have a occupancy of 65% round the year.
The Rove group is been highly recommended by Tripadvisor and other Travel websites with maximum number of booking at all times of the year and the for the outstanding service offered to their guest.
The expected ROI for for the project is around 8%. There are no service charges for the property.

Property Information

TypeHotel Apartment
PurposeFor Sale
Reference no.Bayut - 1232-Ha-S-0143
CompletionOff-Plan
Added on13 November 2019

Features / Amenities

Furnished

Balcony or Terrace

Sauna

Kids Play Area

+ 3 more amenities

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