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Towers by XXX Hotels & Resorts 5* - Level

Dubai, United Arab Emirates

Property ID: 30
Viewed 4878 times

Details

Price
4 962 555 EUR / 5500000
Yield
9.0%
Type of investment
Hotels
Location
City Center
Year Built
2017

Description

The Towers by XXX Hotels & Resorts

Towers by XXX Hotels & Resorts is a hotel and residential complex located in the heart of the stylish Burj area, Dubai. This four-tower development comprising circa 1,200 luxury serviced suites, will offer sumptuous living with a Hollywood flavour. A fourth tower will house the world’s first XXX Hotel and XXX Residences. Each of the four towers stretches over 250 metres in height, joined by a multi-level plaza.

Sophisticated yet inviting, suites feature contemporary design cues where elements of the California lifestyle are transported to Dubai in a distinctive ‘Hollywood studio’ feel.

Residents and guests can enjoy high-end shopping with the perfect combination of global luxury and California cool, just like Rodeo Drive. Every possible luxury is just moments away at Towers by XXX Hotels & Resorts – you couldn’t wish for a more iconic neighbourhood.

Whilst in residence, you’ll experience the height of fashionable living with the service standards of the finest luxury hotels; and when you’re away, you’ll earn impressive rental income from your exquisite property.

Why Dubai?

- World's top five fastest growing cities
- World's busiest international airport
- Middle East's biggest cargo port
- World's tallest building
- Region's main financial hub
- One of the world's most popular tourist destinations
- Modern infrastructure and roads
- Booming real estate and employment market
- One of the world's highest standards of living
- Tax-free status
- Top 5 largest metropolitan economies worldwide 2014
- Tourist arrivals will rise commensurately from 6 mio in 2007 to more than 38 mio in 2024
- World Expo 2020
- 12% Increase in room revenues in 2014
- Average room rate Downtown / Business Bay 2015 (region this hotel) = USD 288 per night
- Occupancy Downtown / Business Bay 2015 (region this hotel) = 82%

Investment opportunity

You can invest in a complete level (14 suites) of USD 5,500,000, but also in individual suites from USD 355,000 up to USD 1,220,000.
40% Revenue share.
ROI at full level will be 9.5% up to 14.0% per annum.

NDA

After a NDA we have complete and official documentation available to you. A Dutch Representative, who is familiar with Dubai, will guide you in Dubai and serve you from the beginning to the end.

ADDITIONAL INFORMATION

  • CHARACTERISTICS
  • Swimming Pool
  • Clima
  • Elevator
  • Parking basement
  • Electric Gates
  • Double glass
  • Alarm system
  • Parking
  • CONDITION
  • Under construction
  • TRANSACTION
  • Standard purchase
  • ACCESSIBILITY
  • Close to railwaystation
  • Close to metro/bus
  • Close exit/access motorway
  • Close to tram/bus

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