Real Estate
Dubai Real Estate Investments In The Executive Tower
Dubai Real Estate Investments In The Executive Tower
By Sophia K.
Found in Business Bay, The Executive Tower is a 29-story Home House Tower designed deliberately by WS Atkins & Partners, DAR Consult. The Executive Tower will include studio, 1, 2, 3, 4 rooms, duplexes, penthouses, terrace and yard houses with in the series of 700 to 6,157 square feet. Expected to be completed in the early part of next year, Executive Towers E is a 5 celebrity high quality luxury 106-room hotel design apartment or condo house tower going to be taken care of by a global hotel chain.
Functions of the Executive Tower.
5 celebrity hotel.
Luxury suites and penthouses.
Dining establishments.
Coffee shops.
Gym.
Stores.
24 hour safety and security.
High speed Internet center.
Financial investment on The Executive Tower.
If you have an interest in purchasing The Executive Tower, maintain note of the below-mentioned points initially.
Firstly, the area will certainly be leased back to the realty developer for a duration of 20 years. This will certainly occur on the basis of automated renew. There are no monitoring costs entailed. As an investor, you will certainly obtain 60 percent profits income for the very first 20 years, while rental yields will certainly be around 26 per cent per year.
For the preliminary 3 years there is going to be an 8 percent rental guarantee for the investor.
Well-appointed inc.
TELEVISION. Car park Bay is additionally included whose total value is around 100,000 AED.
There is automatic residency with all purchasing.
There is no stipulation of any kind of transfer charges to various other customers before conclusion.
Funding Option.
Developer of The Executive Towers, Dubai Properties will certainly supply you with the 50 per cent money. Moreover, if you pay 50 percent of the complete amount upfront then as an investor you don't have to pay remaining quantity till conclusion. The home mortgage will certainly began at a price of 7.95 per cent over a duration of ten years at the completion.
Prices of Tower currently are around $1185 per square foot, which is not that costly especially when you consider that The Executive Tower is located in [http://www.aboutdubai.org/One_Business_Bay.php] Business Bay, commonly regarded as the "Manhattan" of Dubai. If you include this up with a yearly 8 per cent minimum rental guarantee there is no question that it's a perfect time to buy The Executive Tower, as these rates would not last for long.
Short article submitted by Sophia K webmaster for Dubai Real Estate Building Guidance [http://www.aboutdubai.org/] internet site, which helps you to determine where you can invest in Property Properties in Dubai [http://www.aboutdubai.org/The_Executive_Towers.php]