Dubailand City of Arabia The Arabian Crowne & Windsor Apartments
The Arabian Crowne and The Windsor Towers are 5 star 'hotel style' apartment residences. The 45 floors of each building contain 200 luxury suites and penthouses managed by a worldwide international hotel chain and all to be completed by the end of 2007.
The buildings will offer residents a choice of coffee shops and restaurants a state of art gym, health club and spa and swimming pool. In addition to this City of Arabia and Dubailand will offer an endless list of world-class entertainment opportnuties right on your doorstep.
This is an excellent opportunity for investors, looking for the opportunity to own a quality apartment with a guaranteed annual rental return on your investment and good potential for growth in capital. The key benefits are:
- Purchase the apartment and lease it back to the developer for 20 years with an automatic option to renew.
- Guaranteed ROI of 8% over the first 3 years
- 30 days FREE use each year.
- 50% (5x10 payments) to be paid by October 2006.
- This project is expected to rise in value by 30% to 50% during construction and 10% per year thereafter.
- You will receive 60% of the net rental profit generated from your apartment each year.
- At today's hotel rates a large two bedroom 5* suite would cost approximately AED1,295 per night. Dubai's hotel occupancy currently stands at 80% per annum. Therefore this conservatively gives a net rental yield of 12% and 15%
- You can sell the apartment at any time with no penalties or tie-ins.
- NO TAXES other than a one off 1.5% Land Registration Fee on Completion.
