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Smart Investment Condo Hotel in Dubai

The occupancy rates in hotel in Dubai for 2005 hit 87%... the highest in the world. Room rates in Dubai Hotel also hot unprecedented levels outstripping those of New York, Paris and London. Project Retal income from 15% onwards. Condo hotel apartment investment is safe and smart investment.

Dubai Property Investment
  • Future Demand
  • Future Supply
  • No Capital Gains Tax:
  • No Rental Income
  • Legal & Notary Fees:
  • Land Registration Tax: 1.5%
  • Transfer Fee: 1-7%
  • Simple Buying Process:
  • Easy Payment Structure
  • Up-to 70% Finance available
  • High Capital Appreciation
  • Freehold and 99 years leasehold properties.
  • UAE Residency Visa

The Diamond at Dubai Sports City

The Diamond will be a five-star condo hotel located at the West Gate of Dubai Sports City within Dubailand. Featuring a contemporary design, its faceted corners will be constructed completely of glass to reflect the sunlight, just like a cut diamond.

The Diamond will have 14 stories containing 114 fully-furnished studios and one- and two-bedroom condo hotel units. Most units will include balconies offering golf or park views. Other amenities and services are:

  • Indoor and outdoor swimming pools
  • Jacuzzi
  • Sauna
  • Spa
  • Game room
  • State-of-the-art health and fitness club
  • Restaurant area
  • 2 high speed elevators
  • Additional external parking for visitors
  • 24-hour reception desk
  • 24-hour porters
  • Room service
  • Concierge

 

Dubai Sports City where The Diamond will be located, will be the largest sports destination in the world. Currently under construction it will include:

  • 60,000 capacity stadium for rugby, football, track and field events
  • 25,000 capacity cricket stadium
  • 10,000 capacity multipurpose stadium
  • 5,000 capacity hockey stadium
  • Manchester United Soccer School
  • ICC Global Cricket Academy
  • Butch Harmon School of Golf
  • Ernie Els 18 hole International Championship Golf Course

The Diamond expects to achieve high occupancy rates from athletes, team staff and spectators who will visit Dubai Sports City year-round. It will also benefit from vacationers visiting Dubailand's many theme parks and Dubai's beaches which are just a 15-minute drive from the condo hotel.

Construction on The Diamond will begin November 2006 and is scheduled to be complete by spring 2008. Prices start at $186,436 (subject to change).

 

Payment Plan

£2000 Reservation Fee
30% Deposit (Less Reservation) at contract
Stage Payments: 20% Jan 2007, 20% May 2007, 20% Sept 2007
& 10% Completion estimated late 2007
Price Range, including 5% launch discount (for a limited period)
Studio from £65,800
1 Bedroom Apartments from £91,000
2 Bedroom Apartments from £158,600
Further discounts available for limited period:
+ 5% discount for upfront payment within 30 days
+ 5% discount for entire floor purchases
POTENTIAL SAVING 15%


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