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Elite 7 Sports Residence Dubai Sports City

A E D 642,000  To A E D 1,400,000 (Per Sq/FT A E D 1,175)
Elite 7 Sports Residence Dubai Sports City Click To Zoom

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Elite 7 Sports Residence Dubai Sports City
Property Details
Property # : Elite 7 Sports Residenc
Property Type : Apartment
Property Status : Off Plan
Country : United Arab Emirates
Apartment Types : Studio & 1 Bed
View : Golf & Neighbourhood
Area From : 500-1600 Sq.Ft
Parking Type : Allocated
Pool Type : Health Club
Garden Type : Communal
No Of Floors : G+19
Completion Date : Dec 2010
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Description

Features

Payment Plan

  • Landvest Presents Elite Sports Residence 7.
  • Pre-Launch Investment Opportunity.
  • Very Competitively Priced Units.
  • Fully Furnished units.
  • Sudio & 1 Bedroom Units Overlooking the Golf Course 
  • State of the Art Architecture & Design.
  • 100% Shariah Compliant.
  • All Amenities Within Close Proximity.
  • Freehold with Residence Visa.
  • Capital Appreciation Expectation of 30% P/A.
  • Rental Yields of 15-20% P/A.
Elite 7 Sports Residence


Elite 7 is located within Dubai Sports City overlooking the golf course and very close to the entrance of the City towards the Emirates Road. Locations within the City do not come much better than this.

As with Elite I, the developments great succes was due to great location coupled with the most competitive pricing while maintaining Quality. Elite 7 is based on the same principles. Currently apartments in and around the waterfront are retailing at AED 1700 plus / sq ft. This Pre-launch is priced at 10-20% below similar developments within the same location.

According to Independent reports, Dubai Sports City is expected to have a minimum occupancy short term rental rate of 76% due to the fact that the Master Developer of Dubai Sports City has limited the number of Hotels to only Two within the City, average Rental Returns are Expected at 15%-20% Per Annum. Dubai Sports City is the first of its kind purpose built sports city in the world, with 4 Stadiums, and a Purpose Built Golf Course.

With more capital being invested in real estate in this region than anywhere in the World, Dubai is a property market that few investors can afford to ignore. unprecedented demand, strong rental returns and advanced infrastructure make Dubai a highly desirable investment destination. However, as we indicated in our Dubai Market report, due to the enormous diversity of investment options available in Dubai, choosing an investment can be difficult. The most important factors are to know exactly who your target market is, ensure your product is unique, know your investment is safe and be certain you invest in the right quality at the right price.

Landvest Limited (UK) are therefore delighted to offer an investment that we know fits those criteria; a sophisticated living residence in the heart of Dubai Sports City. The Elite 7 Sports Residence is one of Dubai's most innovative design structures with stunning views over the central lake and spectacular urban skyline. Designed and developed by acclaimed architects and finished to the highest standards, the resort will appeal to a wide range of elite clientele including various high profile sports personalities and VIPs.

The Investment

From an investor's perspective, The Elite 7 offers opportunities that are second to none.

  • Prices to increase by 10% on release of full finance details in 4 weeks
  • 15 % Down Payment - meaning short cash outlay
  • 100% Shariah Compliant, No interest Payment structure
  • 10 % below Market Rate ( currently starting at Approx 1175 AED/sqft, market average 1300+ AED/Sq.Ft )
  • State of the Art Architecture & Design
  • Excellent expected Rental yield of above 15% pa. Capital Apreciation 30% p.a.
  • Residence Visa

Location

  • Situated at the heart of the world's first purpose-built integrated athletics and sports venue
  • Prime future location for main high-net-worth visitors
  • 20 minutes from Dubai International Airport

The Property

  • 200 generously sized apartments with private balconies
  • Apartments boast plush furnishings and sumptuous state of the art amenities & FULLY FURNISHED.
  • Unparalleled views of the lake and surrounding area
  • Supreme 5 star resort facilities
  • Manchester United Sports School, ICC Sports School, David Lloyd Sports School and Specially designed Golf Course all part of the Sports City.
  • Prices from £97k

Investing in this development will offer you the potential to secure substantial returns. Conservative estimates predict that net returns of 20% per annum will be achieved, though Current Capital Appreciation within Sports City is 30% p.a. This coupled with highly competitive pricing, makes The Elite 7 Sports Residence an unmissable investment opportunity.

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