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The Cube - Studio Apartment with Balcony

Residential Property | Off Plan Studio
Completion Date:  01/06/2009
Make Enquire About This Property
Studio Apartment with Balcony
Property Ref: 80
 
 
Buy From £327


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1 Bedroom 1 Bathroom
 
 
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This Studio apartment spans 871 sqft on the 15th floor and comes with a balcony with Mall Park views. The Cube offers a guaranteed 10% net income minimum after all costs have been taken out with the prospect of significantly higher returns using realistic room occupancy and rate figures.

This Studio apartment is being sold as fully furnished and includes a fully equipped kitchen with oven, microwave and all electrical items. With high speed internet access, Home Theatre System with LCD multi channel Satellite TV, The Cube will provide the technology for the most up to date guests. All apartments come with IDD Telephone with voice mail and a private Safe for those who like to have extra security. All owners will also have an undivided share in the common areas such as hallways, lifts, spa and swimming pool.

All apartments and studios open on to a large balcony allowing for open style living and unparallel views of the lake, parks and stadiums. Underground parking comes with every apartment, vital for those wishing to explore and take advantage of the entertainment this city has to offer.

The Cube will be run as luxurious serviced hotel apartments, the management group will be an experienced, high profile and efficient hotel management company used to operating in the upper market capable of maximizing occupancy figures. At present this topic is under negotiation with a number of well known hotel operators and management companies.

5 star residency hotels in Dubai are becoming the investment choice for the smart investor. They are a no hassle way of generating high rental yields without the drawbacks of having to find tenants, maintaining the property and competing in the soon to be saturated apartment market in Dubai. The Cube offers a guaranteed 10% net income minimum after all costs have been taken out with the prospect of significantly higher returns using realistic room occupancy and rate figures.

Fit Outs Include

• Each apartment is generously sized, varying from 543 ; 3,081 square feet (50- 286 square metres)

• Open large balcony allowing for open style living al fresco with unparalleled views of the lakes, park and stadium.

• Quality finishes of the highest possible German standards run throughout, including use of marble and bright natural stone.

• All apartments will be fitted with high quality kitchen equipment.

• Maximized benefits of natural light with green, glass sculpture construction providing spectacular lighting which is maximized from all three sides of the building façade for a light and airy feel.

• Use of satinised glass for sight protection.

• High end, Robust living, environmentally aware, sporty.

• Basement levels allocated parking.



Investment Opportunity

Owners will receive 50% of the net operating profit of the building with all costs and associates fees already taken into consideration. The room revenue from all of the apartments within The Cube will be pooled to achieve the Gross Revenue. From this, all of the costs associated with the management, maintenance and running of the building are deducted leaving the Net Operating Profit. The Net Operating Profit is then split 50% to the hotel management company and 50% to you the owners.

The return that investment owners receive will be proportionate to the level of your investment against the total investment value of all the apartments within the building.

For Example:

Investment Value AED 500 Million = 100% Ownership (All Apartments)

Investment Value AED 1 Million = 0.2% Ownership



Please contact us for more information

Floor Plan Floor Plan not available Floor Plan not available Property Video not available
dubai properties
 1 Bedroom
 Bedroom Area
 Dimension: See floorplan
 

Bedroom Area features includes:
• High Speed Internet Access
• Home Theatre System with LCD multi-channel Satellite TV
• IDD Telephone with voice mail
• Safe

  Bedroom Area dubai properties dubai properties dubai properties dubai properties
 
 
 1 Bathroom
 Bathroom
 Dimension: See flooplan
 

Fully equipped bathroom includes:
• Shower
• Bath
• Basin
• Lavatory

  Bathroom dubai properties dubai properties dubai properties dubai properties
 
 1 Balcony
 Balcony
 Dimension: 86.11 sqft
 

Balcony Features:
• Private Balcony
• Views of the Mall Park Area

  Balcony dubai properties dubai properties dubai properties dubai properties
 
 1 Living Area
 Living Area
 Dimension: See floorplan
 

Living Area features includes:
• High Speed Internet Access
• Home Theatre System with LCD multi-channel Satellite TV
• IDD Telephone with voice mail
• Safe

  Living Area dubai properties dubai properties dubai properties dubai properties
 
 1 Kitchen
 Kitchen Area
 Dimension: See floorplan
 

Fully equipped kitchen includes:
• Dishwasher
• Oven
• Microwave
• All electrical items

  Kitchen Area dubai properties dubai properties dubai properties dubai properties
 
 1 Dining Area
 Dining Area
 Dimension: See floorplan
 

Dining Area features includes:
• High Speed Internet Access
• Home Theatre System with LCD multi-channel Satellite TV
• IDD Telephone with voice mail
• Safe

  Dining Area dubai properties dubai properties dubai properties dubai properties
 
 1 Pool
 Shared Pool Area
 Dimension: N/A
 

Pool area features includes:
• Garden health club with pool deck
• Outdoor Jaccuzies
• Wellness bar
• Fitness centre

  Shared Pool Area dubai properties dubai properties dubai properties dubai properties
 
   Payment Terms
 Payment Options
 
Payment Option 1
 
First       20% (less AED5,000) non-refundable within 7 days of signing
Second   10% of the purchase price, 3 months from the First Payment
Third      10% of the purchase price, 3 months from the Second Payment
Fourth    10% of the purchase price, 3 months from the Third Payment
Fifth       10% of the purchase price, 3 months from the Fourth Payment
Sixth      10% of the purchase price, 3 months from the Fifth Payment
Seventh 10% of the purchase price, 3 months from the Sixth Payment
Final       20% of the purchase price on handover as set in the Purchase Agreement
 
Payment Option 2
 
First       50% (less AED5,000) non-refundable within 7 days of signing
Second   50%of the purchase price on handover as set in the Purchase Agreement
 
The purchaser will be entitled to a 3% discount on the Apartment Price should they wish to make payment on the following terms: 50% of the purchase price within 7 days of signing and the remaining 50% on handover as defined in the Sale and Purchase Agreement.
dubai properties
Studio Apartment with Balcony
Studio Apartment with Balcony
Studio Apartment with Balcony
Studio Apartment with Balcony