Hotel Apartment for Sale in The Cote D Azur Hotel, The World Islands, Dubai

Studio | Guaranteed 104k AED Income/yr for 5 Yrs.

  • Size 364 sqft

  • BedroomStudio

  • Bath1

  • Parkings

  • DeveloperEmaar

  • TypeHotel Apartment

  • Price per sqft AED 3,709

  • ViewCommunity

  • Permit No.71102185041

  • Vacant on

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About this property

Another spectacular project of Nakheel, The World, is located 21 kilometers East Northeast of Palm Jumeirah, just off the coast of Dubai. The World, comprising 300 man-made islands, offers unprecedented opportunities in form of leisure developments. Original price AED 900k Guaranteed rent for 5 years of 104,000 per year so 520k total Fully paid cash Net ROI of 11.5% with the current selling price Fully furnished, serviced, and managed Full park, pool, and beach, sea view ROI paid yearly September handover THOE resort operator After 5 years of management, the property will become residential and you can live in it or rent it out yourself. The service charges will be 20-30 per sqft per year divided quarterly. You can also enter into another rental pool agreement with the operator for a 60/40 split as 40% management fee. 5% VAT on original price 4% Dubai Land Department 2% agency fee 5000 NOC fee 5000 trustee fee 2500 SP fee -Balcony -Built-in Wardrobes -Central A/C -Covered Parking -Pets Allowed -Private Pool -Security -Shared Gym -Shared Spa -View of Landmark -View of Water -Dubai’s ultimate beachfront destination. Idyllic Maldives islands settings -The World islands, Dubai. -A prime location easily accessible -4km from Dubai shores. -Europe has never been so close to Dubai Located at The World islands in Dubai, just 4 km away from the shores at Jumeirah 1. The Heart of Europe is a celebration of the best European experiences in an unrivaled holiday home destination. For investment only with 10% guaranteed ROI. You cannot live in this property for more than 14 days in a year and you cannot rent it yourself to a tenant as it’s managed by the hotel only.

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Total price
AED 1,350,000

Ref No. AS-52704

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