Paramount Pictures - Luxurious hotel and residential apartments

Reference Number: DP19838
Country: Dubai/SAE
City: Dubai
Type of Real Estate: Apartment
New projects
Investment opportunity
Size: 47.75 m2 - 153.10 m2
1.183.000 AED - 2.786.000 AED (EUR, USD, CHF, AED) Orientation conversion from AED

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Guaranteed rental income, deferred purchase price, the buyer does not pay the real estate commission!

We are offering luxurious hotel and residential apartments in the first-class location of the Sheikh Zayed Road. This project will literally overwhelm you with its lavish features. A rooftop infinity pool with a terrace, a state-of-the-art fitness centre, a a high-class wellness centre including a luxurious spa, restaurants, sky lobby with a view of the entire Burj area and a private Paramount Pictures cinema are only a tasting of the whole range of other features.

The construction work has already begun and the estimated date of completion is set for December 2020.

The hotel apartments are situated between floors 15 to 25. These superb rooms promise their guests unforgettable experience, and for investors it is an opportunity for a very lucrative investment. The owners get a guaranteed rental income of 7% during the first 3 years.  Another interesting bonus is the concept of deferred purchase price. Up to the time of the building completion, the owner of a hotel apartment pays only 60% of the purchase price. The rest is paid in regular instalments up to a year after the building completion. The guaranteed income is calculated from the purchase price amount paid to date.

During the first 3 years, the 1 and 2-bedroom apartments are available for their owners' private use for 28 nights per year. As a bonus, the owners also receive 6 return plane tickets (economy class), valid for the first 3 years. The tickets will be for direct flights between the buyer's nearest airport and Dubai and are provided by Emirates Airlines.

The residential apartments are located between floors 26 and 63 and are more spacious compared to the hotel apartments. The living and dining areas are separate and the number of bedrooms varies. It is difficult to resist the combination of the comforts of home and the services provided by Paramount. At the owner's request it is also possible to lease these apartments to enjoy an interesting rental income.

The apartments offer stunning views of Burj Khalifa, Palms, World Islands and the iconic Burj Al Arab. Dubai International Airport is only about 15 minutes by car. There are also 2 underground stations in the nearest vicinity.

Please contact us for more information and our current property offer for this project. We will be happy to arrange a personal tour and a meeting with our representative in Dubai. Rellox is offering these properties directly from the developer and the buyer therefore does not pay real estate agent fees.

In case of interest, contact us:

Phone: +420 222 243 325 
+420 736 671 652

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