HomeTHE CUBE DUBAI - NUMBER 1 INVESTMENT OPPORTUNITY IN DUBAI
Dubai Sports City
* DISTRESSED SALE *
Find Me A Property Ltd have 2 excellent properties available in The Cube, Dubai Sports City
Both properties are for urgent sale 70% below the current market value!!!
Both properties are selling at prices only available back in Jan 2007!!!
This is an investment not to missed in Dubai’s number one investment opportunity.....
Conact us now for full details on 0870 8034 521 or email at sales@findmeapropertyindubai.com
The Cube, Dubai Sports City is a unique and innovative landmark tower that will occupy a prime location within Dubai Sports City.
The Cube Dubai provides Condo Residence in a spectacular design offering a prime investment opportunity in Dubai and the world’s first integrated athletics, sports and lifestyle venue. In short, The Cube, Dubai Sports City is prestigious condo residence delivering the highest quality finishes by wholesome detail and a zest for sports.
The Cube Dubai offers its owners a state of the art high end investment promising a minimum of 10% return on investment for the first 3yrs.
Investment Opportunity
The Cube - Dubai Sports City offers a complete value added package both for its investors and its residents. The Cube, Dubai is a stand alone project that represents a high end investment opportunity yielding a minimum 10% Return on Investment, assuming some conservative market figures are met.
The return on investment has been calculated using the most conservative figures the estimated return of 10% is based on the following assumptions:
- An estimated occupancy rate of 70% at AED700 per room per night
- Capital appreciation per annum of 5% of the price of the apartment
- Service charges of AED10 per square foot
- Management fees of AED15 per square foot
- Total rooms subject to the lease back 561
- A furniture replacement reserve of 5% of the gross revenue
- 335 days of room availability
- 30 days reserved for the owner with all owners taking their full entitlement.
The revenue from all the 561 units at The Cube in Dubai Sports City will be pooled as the gross revenue. From the gross revenue there are a number of deductions that need to be made as per the above. Once the deductions have been made there is a 50:50 split of the Net revenue shared between the operator and owners.
Owners at The Cube Condo Residences will receive a percentage share of the revenue proportionate to the value of their investment against the total investment value of the building. (Eg. 100% of the investment = value of all 561 units)
An investor that owns a 2 bedroom unit at The Cube (eg.Value 2,000,000/-) an investor that owns 4 x studio at The Cube (eg. 500,000/-) will receive the same return on investment.
The percentage return on investment will be a direct result of the room revenue charged by the operator and the occupancy level of The Cube Condo Residence.
Our expectation for the return on investment should exceed 10% considering the current market figures in Dubai. This making The Cube one of Dubai’s best investment opportunities in the Dubai real estate market.
You also earn twice as Dubai Sports City is a key location for high predicted capital growth.
