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Kensington Royal Dubai

Ref: AE56
Location:
Dubai,United Arab Emirates
 Price From:
AED720,380 (£ 113,329)
Currency Converter
Property Type:
Apartments
 Completion:


16 storey Kensington Royal aprtment residence tower is another beautiful development in Dubai Sports City Dubailand.This is going to be a 5 star quality luxury 252 room hotel-style apartment residence tower that will provide guests and owners with top quality services and facilities as well as maximum occupancy and returns utilising a world-wide reservation system. Dubai Sports city becomes a breeding ground for champions, featuring world-class sports academies aimed at transforming young athletes into global competitors. It is a 3 billion sq foot theme park being developerd by Dubai Holdings, which will again ensure maximum occupancy for demand of rooms.

Investment Features:

  •  The room will be leased back to the developer for a period of 20 years with an automatic option to renew.
  • The tower will yield high rental return via the use of a world-wide reservation system and targeting the tourist market of Dubai.
  • The owners rent will be paid yearly in arrears and will be 60% of the net profit generated from the operation of their room/apartment for the proceeding year. This will equate to a minimum of 8% return on investment and will be guarenteed for the first 3 years by the developer.
  • Owner has up to 30 days personal usage per year

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