For Sale:
Dubai Apartments
The World Islands
The Heart of Europe
Portofino Hotel
Bayut - 7737-OPbpsZ
503079896. jpg
AED2,320,000
Portofino Hotel, The Heart of Europe, The World Islands, Dubai
1 Bed
1 Bath
577 sqft

Guaranteed Buyback Available | Private Island Exclusivity | 100% ROI

Portofino is poised to establish itself as the premier five-star family-exclusive hotel and resort within the region. This endeavor presents a haven for both investors and families, boasting authentic Italian architectural wonders, stunning landscapes, a picturesque harbor, pristine waters, and captivating views of both the sea and the Dubai skyline.

With its three expansive wings, the hotel offers enchanting vistas of the sea, beach, and verdant gardens, each named after beloved Italian terms: Bellissima, Dolce Vita, and Felicita. Crafted with families in mind, this luxurious establishment features the Kingdom of Portofino kids club and the La Donna ladies club and spa. Each suite is meticulously designed with ample storage, a dedicated children's bedroom, and a playroom equipped with toys.

Key features include 463 lavish 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 also enjoy five swimming pools, including an Olympic-size pool, and direct access to the family section of Rainbow Beach.

Exclusive discounts are available for cash buyers, with standard unit prices starting from 2.4 million AED, offering spacious accommodations of 78 square meters. The project is slated for completion in 2024, accompanied by a flexible payment plan of 30%-20%-20%-30%.

This investment opportunity promises significant returns, including a 100% return on investment 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-OPbpsZ
  • CompletionOff-Plan
  • FurnishingFurnished
  • Added on28 March 2024

Features / Amenities

Furnished
Balcony or Terrace
Swimming Pool
Jacuzzi
+ 23 more amenities

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