Est. Payment AED 4.5K/mo
SLS Dubai Hotel & Residences, Business Bay, Dubai
1 Bed
2 Baths
270 sqft
25% Fractional Ownership|7% NET ROI for 10yrs
Engel & Völkers is honored to present you this Hotel Apartment in SLS Dubai Hotel & Residences, located in Business Bay. This 5-star hotel opened in April 2021.
< FRACTIONAL OWNERSHIP >
< GUARANTEED FIXED RETURN OF 7% NET FOR 10 YEARS >
Highlights:
* One Bedroom Loft
* Purchased area: 270.28 sq ft (25% fraction of the whole unit = 1,081.12 sq ft)
* One Bathroom
* Fully furnished and serviced by SLS Dubai
* Kitchen with high-end appliances
* One parking space
Owner Benefits:
* Guaranteed 7% net returns for 10 years from the total purchase amount will start from the registration with DLD.
* Returns will be paid monthly, quarterly, every six months, or yearly.
* Seven (7) days FREE stay annually.
* Zero service charges/maintenance fees.
How does fractional ownership work?
* The offer is valid for hotel apartment units which are for investment purpose only.
* Each unit is divided into four (4) fractions.
* Each unit represents 25% with DLD individual ownership certificate.
* Fraction can be purchased or sold anytime without a NOC from the other fraction owners.
* Resale option anytime.
Location:
Business Bay is Dubai's central business community that is becoming a gradual extension to the Downtown Dubai strip.
About Engel & Völkers:
Engel & Völkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties with 900 offices in over 30 countries.
Interested in this hotel deal? Contact Engel & Völkers today.
< FRACTIONAL OWNERSHIP >
< GUARANTEED FIXED RETURN OF 7% NET FOR 10 YEARS >
Highlights:
* One Bedroom Loft
* Purchased area: 270.28 sq ft (25% fraction of the whole unit = 1,081.12 sq ft)
* One Bathroom
* Fully furnished and serviced by SLS Dubai
* Kitchen with high-end appliances
* One parking space
Owner Benefits:
* Guaranteed 7% net returns for 10 years from the total purchase amount will start from the registration with DLD.
* Returns will be paid monthly, quarterly, every six months, or yearly.
* Seven (7) days FREE stay annually.
* Zero service charges/maintenance fees.
How does fractional ownership work?
* The offer is valid for hotel apartment units which are for investment purpose only.
* Each unit is divided into four (4) fractions.
* Each unit represents 25% with DLD individual ownership certificate.
* Fraction can be purchased or sold anytime without a NOC from the other fraction owners.
* Resale option anytime.
Location:
Business Bay is Dubai's central business community that is becoming a gradual extension to the Downtown Dubai strip.
About Engel & Völkers:
Engel & Völkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties with 900 offices in over 30 countries.
Interested in this hotel deal? Contact Engel & Völkers today.
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Property Information
- TypeHotel Apartment
- PurposeFor Sale
- Reference no.Bayut - RL4759
- CompletionReady
- FurnishingFurnished
- Average Rent
- Added on4 October 2023
Features / Amenities
Balcony or Terrace
Parking Spaces
Swimming Pool
Centrally Air-Conditioned
+ 7 more amenities
Trends
Mortgage
This property is no longer available
Engel & Volkers Dubai - Branch 1
Agent:Bettina Backert