Hotel 133 m² in Dubai, UAE

UAE
€1,25M
€9,371/m²
;

Location

  • Country
    UAE
  • State
    Dubai

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €9,371/m²
  • Total area
    Total area
    133 m²

Building parameters

  • The year of construction
    The year of construction
    2025

Investment params

  • Yield per year
    Yield per year
    12%

Interior details

Cooling:

  • Air conditioner

Interior Features:

  • Furnitured
  • Double-glazed windows
  • Household appliances
  • Balcony

Security features:

  • Video surveillance

Property condition:

  • Renovated

Exterior details

Parking features:

  • Parking

Exterior features:

  • Garage

View:

  • Sea view

Description

SERVICE-FRIENDLY APARTMENTS AT THE RITZ-CARLTON RESIDENCES, DUBAI

Completion: Q1 2025 | MAG
Location: Creekside
Apartments, villas from 133 m2
Prices from $ 1,300,000

A coastal complex of 5 residential buildings and 12 villas in the Creekside area. Approximate yield from renting out finished apartments is up to 12% per annum.

About the location
The Ritz-Carlton Residences is located on the banks of the Dubai Creek canal, 9 minutes from Downtown Dubai and 19 minutes from the legendary The Palm Jumeirah. The Walk and Mall of the Emirates are a 20-minute drive away. It takes 15 minutes to get to Dubai International Airport and 40 minutes to Al Maktoum International Airport.

About the project
The 2 and 3 bedroom apartments are finished with exquisite furnishings and premium finishes. Each residence meets WELL certification standards. Dynamic lighting mimics natural sunlight throughout the day to promote a balanced sleep and wakefulness. Floor-to-ceiling windows offer spectacular views of Ras Al Khor Wildlife Sanctuary and Downtown Dubai.

Amenities
Indoor swimming pools
Weekend farmers market
Breakfast and all-day dining restaurants, a three-Michelin
star restaurant
KETURAH Wellness Center and Spa
Conference, event and party space

WHAT MAKES THE INVESTMENT CLIMATE FAVORABLE:

stable currency over the past 30 years;
0.16 - green zone of risk of "soap bubble" according to the UBS Global Management rating;
the lowest crime rate;
no income tax: from sale, rent, gift and inheritance;
sustainable economic growth;
an influx of investors and tourists from China is expected in 2023,
due to the lifting of quarantine restrictions;
increase in capital due to investments in real estate at the "pit" stage;
risk diversification;
stable income from 7% per annum;
by 2040, the population and territory of the country are planned to double;
a wide selection of new buildings - from world-famous hotel chains to skyscrapers by the sea;
with investments of 205,000 USD, the investor and family members have the opportunity to obtain a residence permit for 2 years.

The information about this accommodation may have changed, so we are not responsible for its accuracy. For exact characteristics, please contact us.

Copying, duplication, distribution, reprinting (in whole or in part), or other use of the material without the written permission of the author is not permitted. Any violation of the author's rights will be prosecuted on the basis of international law.

Updated at: 18/12/2024

Location on the map

UAE
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