About this property
fam Properties has the pleasure of offering Fractional Ownership opportunity for the first time in Dubai for a READY 5 Star Hotel in the heart of Dubai.
- As an Investor you will be obtaining a DLD Issued Individual Ownership Certificate for every fraction of the unit.
- 7% Guaranteed NET Returns for up to 10 years which is paid out Monthly with No hidden fees and No Service Charges.
- After 10 years , the Returns will be as per the Revenue Share from the Hotel Rental Pool.
- There is also a Buy-Back Option after 10 Years , in which you can sell the Fraction back to the Developer at the same price, with 5% NET returns for 10 years.
- Other Benefits that come with this investment include - 7 Days/year/Fraction stay at the Hotel for 10 years & ACCOR Hotels Diamond Membership.
- Each Fraction can be purchased or sold anytime without an NOC from the other fraction owners of the unit.
There are various Unit Types in the Hotel with different Prices/Fraction.
Starting with :
Studio - AED 600,000 per fraction
1 Bed Simplex - AED 790,000 per fraction
1 Bed Loft - AED 800,000 per fraction
1 Bed Duplex - AED 850,000 per fraction
2 Bed Loft - AED 1,500,000 per fraction
2 Bed Duplex - AED 1,300,000 per fraction
Some of the Key Features about SLS Dubai :
-Developed by WOW (World of Wonders Real Estate Development)
-The hotel is currently operated by US based SBE Entertainment Group , which is now owned by Accor, the largest hospitality company in Europe, and the 6th largest worldwide.
-The building contains 254 hotel rooms, 321 hotel apartments and 371 residential apartments
-There are two infinity pools at a height of 325m on the 75th floor roof top providing panoramic views over the city including the Burj Khalifa.