For Sale:
Dubai Apartments
Business Bay
SLS Dubai Hotel & Residences
Bayut - RG-SLS-1BR-F
7% Net  Return  Guaranteed for  10 Years  | A Hassle  Free  Investment | Real estate stock market
AED1,300,000
SLS Dubai Hotel & Residences, Business Bay, Dubai
1 Bed
1 Bath
653 sqft

7% Net Return Guaranteed for 10 Years | A Hassle Free Investment | Real estate stock market

Peace Homes real estate is pleased to offer for the first time in Dubai a fractional ownership opportunity in a 5 star hotel in the heart of Dubai.


- This is for investment purposes only. As an investor, you will not use this split unit. You will get a DLD for Individual Ownership Certificate for each fraction purchased.

- You have two options: Option 1- Guaranteed NET return of 7% for up to 10 years, paid monthly or quarterly (at your convenience), with no hidden fees or service charges. - Beyond 10 years, returns will be a function of the revenue share of the hotel's rental pool. Option 2 (redemption)- Guaranteed NET return of 5% for 10 years, paid monthly or quarterly (at your convenience), with no hidden fees or service charges. - Beyond 10 years, the fraction(s) will be bought back by the promoter at the initial purchase price.
( Fractional share 25% )

- Other advantages- Stay of 7 nights per year/fraction in the hotel of the type of unit for 10 years- Accor Hotels Diamond Membership.

- Each fraction can be bought or sold at any time with a CNO (Certificate of No Objection) from the other owners of the unit.

- You can choose between several types of units in the hotel, with different price ranges, from studios to two-bedroom duplexes, starting at AED 600,000.

- Some of the main features of the SLS Dubai: Two infinity pools at a height of 325m on the 75th floor rooftop offering panoramic views of the city including the Burj Khalifa. Shared gym24/7 Security Concierge Service Equipped kitchen Built-in wardrobes Balcony Spa Sauna Indoor playground for children Restaurants Multipurpose room Lutron Smart Lighting Controls Italian rain shower and sanitary ware from Gessi Spanish counter of Krion Franke Swiss Sink

- SLS DUBAI is one of the largest hotels and residences in the region, with 946 units, including 254 uniquely designed hotel rooms, 321 apartments and 371 residences, spread over 75 floors.



LOCATION:

- 7 minutes from Dubai Mall and Burj Khalifa
- 14 minutes from Dubai International Airport
- 11 minutes from DIFC
- 18 minutes from Burj Al Arab
- 13 minutes from Meydan One Mall




ABOUT US

A Tradition of Trust. A Quality Living From A Team That Cares.
WE ARE PEACE HOMES REAL ESTATE!

Peace Homes Real Estate is an award-winning company and RERA licensed Organization giving you the most profitable and quick sale and rental solutions today. We have a vision of providing our clients with an unparalleled experience. We are always ready to help you, save money without sacrificing your lifestyle.

Best Deals happen here every day.
Thank you for trusting Peace Homes Real Estate.

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - RG-SLS-1BR-F
  • CompletionReady
  • Average Rent
  • Added on26 December 2022

Features / Amenities

Furnished
Balcony or Terrace
Swimming Pool
Lobby in Building
+ 7 more amenities

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.

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Location
Schools
Restaurants
Hospitals
Parks

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