In 2013, it is estimated that more than 10 million visitors arrived in Dubai, pushing hotel occupancy rates up to 80% on a city-wide basis. With aggressive plans to reach its goal of 20 million visitors by the end of the decade, it’s expected that Dubai’s hotel supply will need to nearly double from 68,000 to 120,000 rooms. Only a small percentage of those rooms are able to be built on the emirate’s most highly-sought destination and home of the resort the Palm Jumeirah.
I am writing to offer
you an exclusive “OFF MARKET” unlaunched investment opportunity on the Palm Jumeirah! Allow me to
introduce you to the Exquisite
Beach Resort Project.
Exclusive stock of 30 units
available to purchase (10 already booked since Thursday), not
yet available on the market in the Luxurious Project on the Palm Jumeirah – we can offer
you the opportunity to “cherry pick” the best units on this ocean front development!
This is a rarely
available investment opportunity to buy into a “rental pool” serviced hotel apartment offering. The developer
is highly regarded with two existing developments in conjunction with the Fairmont Hotel group on the Palm Jumeirah.
This is their most exclusive development to date with the highly sought
after “Miami Style” Hotel apartment
living (featuring Kenzo Maison for
the lobbies and communal areas) with all the amenities and luxuries offered by
a hotel environment. This type of product is particularly popular amongst
investors who appreciate the rental yield of between 8 and 12% pa along with having available weeks for your
personal disposal.
We would recommend
entering into the hotel rental pool although there are separate residences
available too
Payment Schedule for
these units is very attractive with 10%
on reservation of the unit, 10% 90
days later and then 10% payments
upon completion of stages of contraction as per rules of RERA.
We would advise
committing to the project until at least 70% completion to see maximum returns
on your investment or better still take advantage of the yield and sell one
year post completion. The current similar rental pools which exist in the
Address Hotel Brand both in the Marina and Downtown both have at least one year waiting lists to enter the rental
pools, rarely come available for sale and when they do the units are sold with
a premium for the privilege of being part of the pool.
When comparing these
prices to ready Emaar apartments in
Downtown and Dubai Marina, you can really grasp the investment potential here.
Those projects are currently AED2200
+ however they do not offer hotel resort
environments, on the beach on the Iconic
Palm Jumeirah. They also do not provide yields of 8-12% which are
expected with this development if entered into the hotel rental pool.
Should you wish to
discuss this opportunity further and would like to receive a brochure or to
visit the development, then please do not hesitate to contact me and I
shall be delighted to assist you and choose the best unit available for your
investment!
edithmakena@gmail.com or +971557162933. Edith.
