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Dubai - Kensington Royale 8% MINIMUM rental income

Area: Dubai
Date Added: 2007-08-24 12:36:46
Ref No: Dubai - Kensington Royale
Price: £58,900

Number of Bedrooms: 0
Number of Bathrooms:

Photos

Features:
Furnished
Parking



Amenities:
Communal Pool
Gym
Spa Facilities
Concierge
Close to Bars/Restaurants



Description: Summary: With guaranteed mortgage finance and guaranteed rental returns, the 5-star Deluxe Kensington Royale is a fantastic opportunity to own a high-yielding property in the World’s leading overseas property market. Kensington Royale is located in Dubai Sports City, part of the breathtaking Dubailand, and close to the incredible Manchester United Football Academy and International Cricket Council stadium. This beautiful building will be decorated to a 5-star standard and contain all the facilities of a World-class resort.



The Building: Residents of the Kensington Royale will enjoy exclusive use of a roof-top swimming pool and spa centre with a top-of-the-range gymnasium. The ground floor will consist of a stylish reception area with concierge, porter and valet services, as well as an International restaurant and lounge/seating area. The building will be secured by 24 hour staffing, CCTV monitoring and security key/swipe card access required throughout plus a secure private parking area for all residents.



The Apartments: The building comprises studio to one bedroom apartments ranging in size from 378 sq/ft to 1210 sq/ft. The apartments are finished to the highest standard in a classic style with en-suites to the main bedroom, built-in wardrobes and balconies. All fixtures, fittings and equipment will be provided in these incredible ready-to-rent apartments.



Specifications:

Solid timber entrance door with hard wood veneer
Contemporary kitchen with hard wood laminate or porcelain tile flooring, granite work surfaces and stainless steel oven and integrated appliances
Luxury bathroom with white porcelain tiles to walls and floor, contemporary satin finish tap ware, thermostatic showers
Built in wardrobes to principal bedrooms
Brushed stainless steel door furniture, light switches and power sockets throughout
Low voltage ceiling down lighters with mood control to principal reception area.
All apartments come with basement parking

Property Details

Setting: N/A
Garage: Yes
Garden: No
Guaranteed Rental: Yes
Keyready: No
Pool: No

Investment Details

Guaranteed minimum 8% rental return for 3 years (expected returns almost 20%)
Guaranteed non-status mortgage at 50% LTV. Fixed interest loan over 10 years
30 days personal use per year
Fully furnished with 5-star fixtures and fittings
Exclusive access to rooftop pool, gym and spa, free parking space with each apartment
24-hour concierge, porter and valet services

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