For Sale:
Dubai Hotel Apartments
The World Islands
The Heart of Europe
Cote D' Azur Resort
Bayut - B-AS-52704
Studio | Guaranteed 104k AED Income/yr for 5 Yrs.
AED1,350,000
Cote D' Azur Resort, The Heart of Europe, The World Islands, Dubai
Studio
1 Bath
364 sqft

Studio | Guaranteed 104k AED Income/yr for 5 Yrs.

Another spectacular project of Nakheel, The World, is located 21 kilometers East Northeast of Palm Jumeirah, just off the coast of Dubai. The World, comprising 300 man-made islands, offers unprecedented opportunities in form of leisure developments.

Original price AED 900k
Guaranteed rent for 5 years of 104,000 per year so 520k total
Fully paid cash
Net ROI of 11.5% with the current selling price


Fully furnished, serviced, and managed
Full park, pool, and beach, sea view
ROI paid yearly
September handover
THOE resort operator

After 5 years of management, the property will become residential and you can live in it or rent it out yourself. The service charges will be 20-30 per sqft per year divided quarterly.

You can also enter into another rental pool agreement with the operator for a 60/40 split as 40% management fee.

5% VAT on original price
4% Dubai Land Department
2% agency fee
5000 NOC fee
5000 trustee fee
2500 SP fee


-Balcony
-Built-in Wardrobes
-Central A/C
-Covered Parking
-Pets Allowed
-Private Pool
-Security
-Shared Gym
-Shared Spa
-View of Landmark
-View of Water
-Dubai s ultimate beachfront destination. Idyllic Maldives islands settings
-The World islands, Dubai.
-A prime location easily accessible
-4km from Dubai shores.
-Europe has never been so close to Dubai


Located at The World islands in Dubai, just 4 km away from the shores at Jumeirah 1. The Heart of Europe is a celebration of the best European experiences in an unrivaled holiday home destination.

For investment only with 10% guaranteed ROI. You cannot live in this property for more than 14 days in a year and you cannot rent it yourself to a tenant as it s managed by the hotel only.

¶ Property Features:
* Built In Wardrobes* Balcony* Basement* Elevator* High floor* Brand new* Furnished* Investment Property* Gated Community* Air Conditioning



fam Properties
Contact Us -
Toll free: 800fam
Email: jonathan.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
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Property Information

  • TypeHotel Apartment
  • PurposeFor Sale
  • Reference no.Bayut - B-AS-52704
  • CompletionOff-Plan
  • Added on9 May 2022

Features / Amenities

Balcony or Terrace
Storage Areas
Elevators in Building

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.

Mortgage

Location & Nearby

Location
Schools
Restaurants
Hospitals
Parks

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