|
Dubai Sports City Investment Opportunities
Sports City Progress
Dubai Motor City – an extension of Sports City is completed and fully operational – this is where the new F1 certified race track is located. The cricket stadium is almost completed and will host its first tests in the next few months. The Ernie Els “The Dunes” golf course is completed and started business in December last year. The Multi-purpose stadium has had the contract awarded and this will be completed early 2010.
The rest of the facilities will be phased in over the course of the next 18 months. We expect the next set of photos shortly – we send these out to our clients to keep them updated on the progress of the zone.
Dubai Sports City is fast becoming a fully self-contained zone, where you will have everything you will need for day to day living. There is a large shopping mall, retail units throughout, and cafes and restaurants along the canal. Two 5-star hotels are confirmed for the zone as well. All told, the zone has incredible potential, and it is no surprise that Dubai will be competing as a host for the Olympics with all of the new facilities in place.
Dubai Sports City in the News
For further details on the zone please follow the links below
The Developments
Prices quoted in AED and GBP (AED 7.30 to 1 GBP)
For alternate currencies and up to date rates visit oanda.com
Hotel Schemes and serviced apartments
Dubai Oasis Tower 2 – Hotel scheme or guaranteed rental
The Project
Dubai Oasis 2 is located in a privileged position in Dubai Sports City and provides an excellent opportunity to take advantage of the short and medium term rental opportunities, with the minimum possible effort. The development will cater to visitors wishing to take advantage of the wealth of sporting facilities and sports training camps in the zone. The project is run as an apart-hotel, providing fully serviced and managed apartments for short, medium and long term rental clients. Rental yields up to 20% per annum are possible through this hotel scheme, or an 8% guaranteed rental scheme is available, if you prefer to ensure a fixed and steady income.
Starting Prices
Studio apartments from AED 970,440 / £132,936
525 to 703 Sq ft
1-bedroom apartments from AED 1,678,106 / £229,877
1010 to 1125 Sq ft
Payment Terms
10% deposit
10% stage payments every 3 months
10% on handover (Dec 2009) |
|
|
The Spirit – Fully managed Serviced apartments – Pre-release discounts up to 15% available
|
|
The Project
Fully managed and serviced residential apartments aimed at long and short term rental income through a unique rental management programme. The properties occupy a coveted position within Sports City with easy access to all facilities within the zone.
The properties are the perfect easy buy to let option, with everything managed for you, and with frequent rental income payments providing up to 17% annual rental returns.
Properties are fully furnished and equipped and are ready to rent on completion. The project features unique “Sanctuary Suites”, providing a screened bedroom area, providing an intermediate between the studio and 1-bedroom apartment.
Starting Prices
Executive Suites from AED 759,077 / £109,460
319 to 485 Sq ft
Sanctuary Suites from AED 1,013,566 / £138,845
550 to 818 Sq ft
1-bedroom apartments AED 1,590,325 / £217,853
708 to 943 Sq ft
Payment Terms
15% deposit
10% stage payments every 3 months (1 x 15% payment in March 09)
10% Handover (Mar 2010) |
The Matrix – Luxury managed serviced apartments
The Project
The ultimate in luxury residences within Dubai Sports City, with luxury fittings and furnishings aimed at long and short term corporate lets. The most modern facilities, amenities and services in these stunning fully managed serviced apartments.
No attention to detail has been spared, and ready to rent to the discerning professional. The apartments have a stylish design and are equipped with all furnishings, plasma screen TV’s down to knives and forks.
For a hands-off buy to let investment this project provides the best opportunities, with high predicted annual rental yields and the most experienced property management consultants working hard to get you the highest possible year on year yields.
The project provides a wide range of apartments of various builds including some of the largest apartments available in the zone.
Starting Prices
Executive Suites from AED 1,579,967 / £216,434
658 Sq ft
1-bedroom apartments from AED 1,670,888 / £228,889
1089 Sq ft and 1290 Sq ft
Payment Terms
15% deposit
10% stage payments every 3 months
15% Handover (Mar 2010) |
|
|
Apartment towers
Bermuda Views
|
|
The Project
Bermuda Views is a modern tower located in the south of Sports City, with views across the golf course and located close to the Butch Harmon School of Golf.
The development provides an excellent opportunity to get on the property ladder in Dubai at a very affordable price. Low price does not mean low quality, as the development is constructed to the highest standards providing excellent value for money.
Each apartment is pre-installed for cable TV, telephone, and high speed internet connection and the properties are fully air conditioned.
The tower has 3 high speed lifts, and each apartment has an allocated underground parking space.
The development is located in an area of green space, providing a tranquil setting with excellent views of Sports city and the golf course. There are jogging tracks, a state of the art gymnasium, private swimming pool, saunas, and steam rooms.
Starting Prices:
1-bedroom apartments from AED 960,750 / £131,609
From 915 Sq ft
2-bedroom apartments from AED 1,337,600 / £ 183,233
From 1216 sq ft
Payment Terms
20% within 4 weeks
20% August 08
20% January 09
20% April 09
20% Handover (July 09) |
Stadium Point
The Project
Stadium Point is a mixed use building in one of the most desirable locations within Sports City, and for the Cricket fan it represents the best location to be based with properties looking directly into the new cricket stadium.
The development is competed to the highest qualities and specifications, with all the facilities that you can come to expect from Dubai. There will be private parking for all apartments, a well equipped gymnasium, saunas and steam rooms and jogging track. The building will have high speed lifts, prepared ready for cable, TV and advanced telephony and high speed internet access.
Starting Prices
1-bedroom apartments with Canal View - From AED 1,176,000 / £160,853
980 Sq ft
2-bedroom apartments Sports City View - From AED 1,595,000 / £218,164
1450 Sq ft
2-bedroom apartments with stadium view - From AED 1,638,500 / £224,114
1450 Sq ft
Payment Terms
20% Deposit in 4 weeks
15% End of March 08
15% September 08
15% March 09
35% Handover (Nov 09) |
|
|
Latest Listings – Canal Residence West
European & Mediterranean towers
|
|
A rare opportunity to secure a canal-side property in Dubai Sports City – very limited availability remaining.
Located on the promenade between the north and south retail hubs, this development provides the most sought after location within Dubai Sports City. Providing a Riviera lifestyle, stunning views and convenience, with cafes and boutiques on your door step, state of the art facilities, swimming pools, gymnasiums, health clubs - all are included in these stunning towers.
Finance
Finance is available up to 97% for residents and up to 60% for non residents from Tamweel.
Floor plans
Click on the link to view – Floor plans
Availability and prices
2 bedrooms from AED 2,431,000 / £334,387
3 bedrooms from AED 3,432,000 / £472,077
Payment Plan
1st Installment
2nd Installment
3rd Installment
4th Installment
5th Installment
6th Installment
7th Installment
8th Installment
9th Installment
|
5% on Booking
5% within 30 Days
10% 30th May 2008
10% 30th August 2008
10% 30th November 2008
10% 28th February 2009
10% 30th May 2009
10% 30th August 2009
30% (Project Handover December 2009)
|
|
For further details on these projects please complete the form below, stating the development (s) of most interest.
Please also include a daytime telephone number:
|
|