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Studio in Dusit Princess from Rijas Aces Property Development

UAE, Dubai, Jumeirah Village CircleArticle #76

Sale
Installment
Bank transfer

Description

Dusit Princess from Rijas Aces Property Development is a 5* luxury hotel apartment serviced by the Dusit Hotel Group. It will be a G+22 building with 16 apartments per floor, a gym, spa, pool, Shisha Lounge & restaurant. The handover date will be in Q4 2024. 

The payment plan is 70/30, 30% post-handover over a period of 2 years. The client can either utilize the property or give it to the hotel to rent out. rental agreements would be managed by the operator Dusit Hotel & Resorts with a revenue sharing of 60/40. 60% to the client from a shared pool. the pool also includes revenue from the retail outlets ( Shisha Lounge , poolside bar etc) Dusit Princess Rijas 

  • Serviced Hotel Apartments/Branded Residences 
  • Management -Dusit International 
  • Can be purchased for investment or end user *Rentals short term or long term through Dusit Management.
  • 16-18 dhs/sq.ft Service charge 
  • Rental pool income-Revenue sharing 60%-40%… 60 going to client including retail revenue. 
  • 14 days free for owner on the property every year 
  • Minimum contract with Dusit 15 years(renewable) 
  • 4 star property 
  • Free hold property 
  • 5%Vat (commercial property) plus 4 % DLD
  • Completion - 2024 Q4. 
  • Payable in 10 installments - 2 years post completion
  • Booking deposit 20%+4% DLD

Object features

  • Object status: New building
  • Object type: Residential property
  • Object category: Apartments
  • Object area: 49 m²
  • Total rooms: 1
  • Bedrooms: 1
  • Bathrooms: 1
  • Completion status: Under construction
  • Furniture
  • Balcony
  • Floor: 10 of 20

Unique features

  • Elevator
  • Gym
  • Pool
  • Playground
  • Sauna
  • Fitness area
  • Recreation area
  • Barbecue area
  • Tennis court
  • Parking

RC featuresDusit Princess

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Developer:

Rijas Aces

Construction dates:

Start: Jun 1, 2021
End: Sep 2024

District Jumeirah Village Circle

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Object on map

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