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Property for sale information

 
Dubai Sports City - Profile Residences  
Reference nr:
Description:

Description: The world is full of sports fans and they will flock to Dubai Sports City, to play, to spectate, to experience, to live and work in this unique City of Champions.

Profile Residences is situated in Dubai Sports City’s top ‘Westgate’ location, close to the main entrance and the sports stadia, including the newly upgraded 65,000 seater Olympic Stadium. As such it’s ideally located to take full advantage of the 15 million tourists anticipated to be visiting Dubai annually by 2010.

But what really sets Profile Residences apart, in the context of the Irish market, is that it was the first Dubai Sports City development released by Larionovo and our Dubai partners Profile. As developers with a large stake holding in the project, Larionovo Ltd is able to offer you some distinct advantages.

Dubai Sports City “The Master Project”

Groundbreaking Dubai Sports City is simply unique in the world of development projects. Costing $2 billion, this city within a city will accommodate up to 70,000 professionals. It integrates residential areas, commercial zones and outstanding sporting and leisure facilities in one self-contained, beautifully landscaped complex the size of eleven Liffey Valley Shopping centre and Retail Parks.

One of the truly unique features of the development are four dedicated sports academies, including the first Manchester United Soccer School outside Europe, the first Butch Harmon golf academy outside North America, the International Cricket Council’s first ever centre of excellence for training and development and David Lloyd’s next generation tennis school and leisure club.

There will also be a dedicated 5 Star Sports Hospital featuring centres of excellence for sports cardiology, orthopaedics, sports medicine, sports science, neurosurgery and rehabilitation.

Dubai Sports City at a glance
• Manchester United Soccer School
• Butch Harmon School of Golf
• David Lloyd Academies
• ICC Global Cricket Academy
• 18 hole Championship Ernie Els Signature Golf Course
• 65,000 seater Olympic Stadium
• Dedicated Cricket Stadium
• Indoor Multipurpose Stadium
• Dedicated Hockey Stadium
• 5 Star Sports Medical Hospital
• Resort-style swimming pools
• Cycle tracks
• Spas & health clubs
• Schools, doctors surgeries
• Multiplex cinemas, shopping-malls, cafes & restaurants
Our last word
The unique coupling of a rental-oriented indigenous population with this project’s outstanding tourism draw sets Sports City apart as sound investment opportunity promising stable, guaranteed high rental returns and rapid capital appreciation.


Payment terms:

€3400 reservation. Non Refundable!
20% 30 days. (minus the €3400 already paid).
15% jan 2006
15% July 2006
15% jan 2007
Balance on

Bedrooms: Bathrooms: Price (€):
1 1 86,000
Features:
Beach
City
Submission Date:
03-15-2007
Last Update:
03-21-2008
Advertiser Details:


Name:
Zara Mulholland

Company:
Larionovo

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €86,000
 

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