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Property for sale information

 
Signature Residences By DAMAC PROPERTIES  
Reference nr: DD226376
Description:

Long a vital conduit of trade between the East and the West, Dubai in the 21st century has metamorphosed into a shopper's paradise of considerable charm and allure. Signature Residences, an exotic collection of penthouses and apartments at two of the most highly sought-after districts in Dubai – Dubai Marina & Business Bay – is an ode to the verve and vivacity of this colourful desert oasis.

Signature Residences encompasses the opulent penthouses and luxury apartments at the award-winning Ocean Heights in Dubai Marina and Lotus Heights in Business Bay. Scaling 82 storeys, Ocean Heights is a residential high-rise of sheer decadent luxury; the Signature properties in this freehold development occupy floors 67 to 75, all of them affording stunning views of the Palm Jumeirah, often dubbed the 8th wonder of the world.

The 50-floor Lotus Heights stands at a strategic location in Business Bay, Dubai and houses 24 levels of dedicated Signature Residences – 10 floors of Signature Penthouses with an exclusive lift concierge, lift lobby and personal elevator & 14 floors of opulent duplex 1, 2 & 3 bedroom Signature Apartments.

Marked by distinct styling and opulence, these exquisite homes have been created by HBA (Hersh Bedner Associates), a leader in hospitality and interior designing and feature smart home technology - smart home management systems to control temperature, air quality, lighting, curtains, main entrance door; also they boast electric keys, camera views from outside, digital video recording system, door intercom system, intruder alarms, water leakage alarms in addition to a lot more.

Truly, each Signature home is an architectural masterpiece in a 5-star setting catering to a privileged few. Embellished by tastefully chosen furniture, lighting and ornaments, these residences conjure up a stylish and sophisticated ambience. Furthermore, defining the expression of the kitchen are international brands like Poggen Pohl and Boffi. The bathrooms, with their hand-made glass mosaics, custom-made whirlpool tub, vitra form etched glass bowl and Kohler rain showers, are pure eye-candy and a class apart.

Aside from these distinctive fixtures, the owners also have free access to luxury yachts moored at the ubiquitous quays alongside the Dubai coastline.

Signature Residences - The world of a privileged few!

Location

Signature Residences encompasses luxury penthouses and apartments at two of the most highly sought-after districts in Dubai – the Dubai Marina & the Business Bay. Catering to a select few, these properties occupy floors 67 to 57 at the 82-storey Ocean Heights in Dubai Marina and 24 levels at the 50-floor Lotus Heights in Business Bay.
Dubai Marina

Dubai Marina is one of the largest man-made waterfronts in the world. Home to scores of restaurants, exclusive hotels, clubs and parks, this free zone is synonymous with a lifestyle, unrivalled in its uniqueness.

Dubai Marina is,

• Located near Interchange 5 on Sheikh Zayed Road, Dubai

•Close to Dubai Internet City, American University of Dubai & Emirates Golf Club

•In close proximity to Dubai Media City, Knowledge Village & Jebel Al

Bedrooms: Bathrooms: Price (€):
0 (studio) 1
Features:
Submission Date:
11-17-2007
Last Update:
03-21-2008
Advertiser Details:


Name:
Damac Properties

Company:
Damac Properties

Phone:
00353 1 6319107
Fax:
00353 1 6319434
Mobile:
00353 86 0304679

 
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Signature Residences

Signature Residences

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Calculators

 
Property price: €
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations