Friday, 11 April 2008

Elite 6 released


Just released at Dubai Sports City the Elite 6 Sports Residence. This development has stunning lake views and golf course views. The course being The Els Club as discussed in an earier post.

This development is 15% cheaper than similar projects of it's calibra and the apartments come fully furnished.

Elite 6 Sports Residence is located within Sports City, located directly on the Lake offering direct water views, and is very close to the Cricket Stadium, very close to the entrance of the City towards the Emirates Rd. Locations within the City do not come much better than this.

Elite 6 Sports Residence is already a great success was due to great location coupled with the most competitive pricing while maintaining Quality. Currently apartments in and around the waterfront are retailing at AED 1400 plus / sq ft. This PRE LAUNCH is priced 10-20% below similar developments within the same location.

Elite 5 sold out in one week so expection for Elite 6 to follow is strong.

According To Independent reports Dubai Sports City is expected to have a minimum occupancy short term rental rate of 76% due to the fact that the Master Developer of Dubai Sports City has limited the number of Hotels to only Two within the City, average Rental Returns are Expected at 15%-20% Per Annum. Dubai Sports City is the first of its kind purpose built sports city in the world, with Four Stadiums, and a Purpose Build Golf Course.

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