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Property for sale information

 
Exclusive 2 Bedroom Apartment on Dubai Marina  
Reference nr: JM699445
Description:

A Stunning tropical Garden in the heart of Dubai Marina.

Botanica is a striking 36 storey development in Dubai Marina and the only project to boast a stunning tropical garden on the 26th floor. Occupying a prime location between the water front and the marina, Botanica offers superb rental potential due to its close proximity to the commercial areas of Dubai Media City and Internet City as well as the premier hotels and beaches, making it the ideal rental location for business trips, vacations or year-round commercial rentals.

Designed to offer residents a tranquil setting, the tropical garden is a secluded place from which to take in the magnificent 360 degree views. This unique feature along with state of the art facilities that is expected of an exclusive development including temperature controlled outdoor swimming pool, gymnasium, Jacuzzi and 24 hour security, Botanica successfully brings together the glamour, luxury and comfort of Dubai.

The demand for marina properties has escalated at a phenomenal rate since Botanica was originally launched. With the development almost sold out, now is the chance to benefit from a prime investment with this exclusive resale opportunity.

Botanica is due for completion in September 2010.

Bedrooms: Bathrooms: Price (€):
2 1 444,410
Features:
Beach
City
Private Swimming Pool
Submission Date:
11-11-2008
Last Update:
02-17-2009
Advertiser Details:


Name:
Judy Macpherson

Company:
Select property

Phone:
0800 111 0000
Fax:

Mobile:

 
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Calculators

 
Property price: €444,410
 

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