Full Sea View 2 bedroom in Viceroy Hotel Resorts Residences |Premier Habitat +971 50 759 6979

Viceroy Hotel, Palm Jumeirah

Summary

  • Price:

    AED 4,400,000
  • Property Type:

    Apartment
  • Reference No.:

    PH-S-8502
  • Size:

    1,517 sqft.
  • Bedrooms:

    2
  • Bathrooms:

    2

Description

Premier Habitat present you the following property:

Full Sea View 2 bedroom in Viceroy Hotel Resorts Residences

Size 1517 sq.ft

Original price 3,640,800 Aed + 15% premium

Payment process:

20% of OP + Premium due to seller now

80% of OP due on Handover

Selling price 4,400,000 Aed

Agency Fees 2%

LOCATION

There are places. And then there are destinations. Viceroy Dubai is the ultimate destination for an urban resort. Enjoy the beach, the exciting landscaping and yet, within 10 minutes, you can have a meeting at the world famous Burj Khalifa. The location enjoys convenient and fast connections to the major highways, providing great access to the whole of Dubai. How great is it to be able to live on an island and yet be only a minute away from the city's major artery. The site enjoys spectacular views not only of the sea but also Dubai's dynamic skyline.

INVESTMENT PROPOSITION

Revenues from the hotel and hospitality market will reach US$4.9 billion (Dh17.99bn) this year, up from US$4.5bn last year and, according to Alpen Capital's latest GCC industry report, will eventually grow to US$7.5bn by 2016 as tourists continue to flood into the country. The emirate of Dubai continues to build on impressive performance levels. In November 2012, year-to-date occupancy of 80% was up 2% on 2011, according to a leading international consultancy's Middle East Hotel Benchmark Survey. The occupancy levels in beach properties are even higher at 83%, highlighting Dubai as one of the top leisure destinations in the world.

In a detailed study of the top beach hotels in Dubai, Viceroy Dubai was rated the best hotel to be delivered on Palm Jumeirah. This detailed study was based on the operator brand, room quality/size, exclusivity, facilities/services and location.

This is your first ever opportunity to purchase a 5-star hotel room on the beach, and participate in the booming hospitality sector. As well as being the proud owner of a room in this acclaimed urban retreat, your investment in Viceroy Dubai will also generate substantial annual revenue. In a unique investment structure, you are guaranteed to receive a proportional share of 40% of the net room revenue of the entire hotel, regardless of whether your room is occupied, the class of room or even the kind of view.

The remaining 60% will go towards operational costs, fees, FF&E upgrades etc. Simply put, you have no costs, only earnings paid out on a monthly basis, from this magical property. The table below gives an example of the kind of returns you could achieve as the owner of a hotel room.

AMENITIES

10 separate restaurant/bar F&B offerings

Over 800sqm of wellness spa facilities including 10 treatment rooms with indoor and outdoor treatments offered for women and men

Over 450sqm of indoor gym/fitness facilities with spectacular sea views

3 separate outdoor swimming pools in separate zones for recreation, relaxation, and children

Beach Club facilities with beach activity and water sports

A children's centre with activities and childcare facilities

Gourmet food retail facilities on site

Library and relaxation lounges

Extensive banqueting, business meeting & board rooms and business facilities

A main ballroom that can cater for 465 persons and with views unmatched by any other similar space in Dubai

Full concierge services

Full housekeeping facilities offered optionally for all residents

24-hour room service for all residents

Access to and from the development by boat from the development's private pier

The Viceroy Club offers 20% discounts to all Viceroy Hotels and hotel services to all owners

INTERIOR & FINISHES

Elegant, contemporary and fully integrated designs enhance every aspect of the Viceroy Dubai experience. With a high appreciation of natural materials, such as marble, limestone, granite, travertine and hardwoods, every item is chosen in its best natural form and quality. Full-height floor-to-ceiling glazing is provided wherever possible with large high-quality sliding panels that allow indoor spaces to be opened up to the balconies and terraces. All glazing units are double-glazed and meet stringent requirements for thermal and acoustic performance. Private outdoor amenities for the residential units include seating areas,with built-in bar and barbecue areas for the larger units.

Property is available for viewing today.

For further details and to book viewing appointments call us NOW!


PREMIER HABITAT PROPERTIES
Tel: +971 50 759 6979 | Office: +971 4 435 7433

RERA: 11617

For more properties visit us on www.premierhabitat.com

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Paul Kenny

Contact Agent

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