Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
Royal Residence 1  
Reference nr: CO956935
Description:

Royal Residence 1

Excellent Location - Financing Available - Residence Visa - Currently Under Construction

Royale Residence 1 is a mid-level building superbly located in the exciting Dubai Sports City and boasts the unique vantage point of overlooking the famous Ernie Els designed “The Dunes Golf Course”.

Key Features

*Mid-level G +14 residential building.

*Un-restricted views of The Dunes Golf Course.

*14 floors of various apartment types ranging from smart and spacious studios to sprawling penthouses with private sky gardens.

*Olympic size swimming pool, separate children’s pool, children’s play room, sauna, steam room, gym, shops, car parking, 24-hour security.

Ownership & Financing

*Freehold Ownership

*Completion Date: August 2009

*Finance available from Mashreq Bank

Payment Terms

*20% Now

*10% x 6 - Payments every 2 months July 2008 to May 2009

*20% On Completion August 2009

Dubai Sports City at a glance

Dubai Sports City is the world’s first purpose built sports city. Set on 50 million square feet of land within the Dubailand development, Dubai Sports City will feature four magnificent stadia: a 60,000 seat multi purpose outdoor stadium, a 25,000 capacity cricket stadium, a 10,000 multi purpose indoor arena and a field hockey venue for 5,000 spectators. In addition to the sporting facilities, Dubai Sports City will boast all of the residential and commercial developments expected in a purpose built city, including international schools, world class medical facilities, hotels and leisure facilities.

Dubailand

Dubai Sports City is part of the 5 billion dollar Dubailand masterplan. It comprises of over 200 separate projects in 6 themed worlds including Space Centre, Snowdome, Arabian World, Dubai Autodrome, and F1 track, theme parks and other attractions. It has been reported that the completed project will be twice the size of Disneyland in Florida.

Types of Projects

4 x Stadiums, Hotels, Residential Towers, Commercial Towers, Retail Units, Mixed Use Towers, Schools, Medical Centres, Spas, Cinemas.

Acadamies

*Butch Harmon Golf Academy

*Manchester United Soccer School

*International Cricket Council Global Cricket Academy

*David Lloyd Tennis Academy

Prices

* 1 Bedroom Apartments from 1,131,000 AED

* 2 Bedroom Apartments from 1,827,340 AED

* 3 Bedroom Duplex Apts from 3,114,956 AED

Bedrooms: Bathrooms: Price (€):
1 2 197,285
2 2 318,750
3 545,355
Features:
City
Submission Date:
07-29-2008
Advertiser Details:


Name:
Chris O'Driscoll

Company:
MPS Global

Phone:
00353 14911422
Fax:

Mobile:

 
Property Photo Gallery

 

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo
 
Calculators

 
Property price: €197,285
 

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