Downtown Dubai - Langham Place

Brief Overview

Property Ref: ELI-S-6450
Price: Sale 1,784,700.00 AED
Type: Hotel Apartment
Location: Burj Khalifa District
Bathrooms: 1
Bedrooms: 0
Built up Area: 693.09 Sq.Ft
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This is a unique chance to invest in a junior suite within The Langham Place Residences with 10% net guaranteed return on investment for 2 years post completion.  Located within the Burj Khalifa District in Downtown Dubai this 5 Star Residence will be fully furnished to 'Langham' standards and is positioned next door to the Langham Place Hotel. Both buildings are to be run and managed by this prestigious world renown brand.

This amazing opportunity combines guaranteed returns with a competitive construction linked payment plan, and a world famous hospitality brand.

Langham Place

FREEHOLD Mixed use 5 Star Hotel and Serviced Residences with 10% guaranteed returns,

Burj Khalifa District, Downtown Dubai

 

•             Prices from: Suites from AED 1,314,342, 1 bed Residences from AED 2,382,834, 2 bed Residences from AED 3,872,348, 3 bed residences TBC 

•             Size Range: Suites from 510 sq.ft, 1 bed Residences from 857 sq.ft, 2 bed Residences from 1,507 sq.ft.

•             Average Price per sq.ft:  AED 2,600

•             Expected completion date:  1st Quarter 2020

•             Expected service fees per sq.ft: AED 25-30 (IN LINE WITH AVERAGE DOWNTOWN DEVELOPMENTS)

•             Rental returns:  10% Guaranteed Returns for first 2 years

•             Deposit required to reserve a unit:  10%

 

Langham Place Residences Downtown Dubai is a modern embodiment of the trusted Langham philosophy, elegance in design, excellence in hospitality and unsurpassed luxury services. The development will span a built up area of circa 700,000 square feet, and will encompass a five-star hotel and residences, offering a signature modern luxury lifestyle experience and adding a total of 406 units to the hospitality sector in Dubai.

The residential tower has 239 fully serviced luxurious residences, from deluxe rooms to lavish three bedroom penthouses, while the hotel has 167 refined hotel rooms and suites – all created with the finest materials, stylish art, the latest technical innovations, and offering inclusive services.

The Langham Group enjoys a legendary heritage, dating back to 1865, with the opening of The Langham in London – Europe’s Original Grand Hotel. It now manages over 25 luxury properties worldwide under ‘Langham’ brands, with a room count of over 8,000. They have garnered an impressive array of awards and recognitions for excellence in the field of luxury hospitality.

In its continued efforts to strengthen Dubai’s status as a global tourist destination, this renowned international hotel operator, is to create the prestigious Langham Place Residences Downtown Dubai.

 

Key Features

  • 5 Star Suites and Residences offering three suite layouts and 1, 2 and 3 bedroom residences and penthouses
  • All will be fully-serviced, come fully furnished with fully equipped kitchen and private terraces
  • The highest standards will be appointed throughout the property to complement the modern architectural design
  • Offers unobstructed views of Downtown, the Burj Khalifa and water canal.
  • Residences have direct access to all hotel amenities which include gymnasium, swimming pool, kids club and kids pool, Langham signature high tea at the Salon, conference facilities, meeting rooms, Chuan Body + Soul spa, restaurants and roof top bar.
  • Residences with have the benefit of both inclusive and a la carte services

 

PAYMENT PLAN

Deposit 15% + 4% DLD *
Within 60 days of signing reservation 5%
On completion of tower raft 10%
On completion of 8th floor structure 10%
On completion of structure 10%
On Completion Date 50%

Why Invest?

  • Illustrious hospitality branded 5* Hotel and Residences
  • Strategically located in the Burj Khalifa District, close to heart of Downtown Dubai with great views
  • Guaranteed Rental Income for 2 years to ‘kick-start’ the rental pool available
  • Less than 10 minutes’ drive to Dubai International Financial Centre (DIFC), Trade Centre and Jumeirah beach Convenient with easy access to the Sheikh Zayed Road and Al Khail Road
  • Only 13 kilometers from the Dubai International Airport 
  • Opulent onsite recreational facilities
  • Very High-spec finishes, design and concept
  • Completion is expected 2020 allowing for maximum capital growth
  • Investor friendly 50/50 payment plan 

 

 

 

 

Downtown Dubai

Downtown Dubai is like no other place within U.A.E. The Burj Khalifa, currently the world's tallest building stands as it's pinnacle, towering above all, shimmering like a beacon in the desert. Most in Downtown has been built by EMAAR, possibly one of the the best developers in Dubai and the area covers 0.8 sq miles and encompasses spectacular elements ranging from residences and office space to, hotels, gardens, parks and restaurants and the largest shopping mall in the world. Opposite the mall, is home to the Dubai fountains, spanning over 900 feet and shooting more than 500 feet into the air making it the words largest dancing fountains. More than 6,600 lights, and 50 colour projectors, create an evolving display that dances to a range of music. The scale and dynamism of this district is unprecedented and seeing is truly believing as it represents not only the Emirate's capabilities but reflects the intention of its leaders to transform the Dubai region into a global centre of progress.

Downtown Dubai also boasts The Address Hotels + Resorts, The Palace Hotel and selection of 5 star hotels which redefine luxury. Targeting corporate, groups and tourists alike, these hotels offer every imaginable luxury. This area offers world-class business and financial leaders a unique, globally-oriented home in its EMAAR Square. Consisting of six towers, it has all the amenities a business hub requires: a drop-off area for important business associates, parking, courtyard cafes and restaurants along with stylish water features and walkways.

Residential properties within this whole area encase serviced hotel apartments, studio, one, two, three and four bedroom apartments to exclusive high-end penthouse residences. The majority boast magnificent city views showing the best of urban Dubai. If you are looking for a more homely feel then the 'Old Town' district offers more low level and two storey homes with ground floor featuring a garden. All apartment buildings boast 24 hour security, gymnasiums, pools and communal areas and retail units below, allowing the residents to have every convenience they could possibly need, all within walking distance. With its combination of world-class business, residential, retail and entertainment offerings, Downtown Dubai is a unique and awe-inspiring destination.

Location

Sits at the First Interchange on Sheikh Zayed Road and with easy access from Al Khail road Downtown sits next to the main business hub of Dubai, DIFC.


Company name: Elite Realty Dubai
RERA ORN: 12535
Address: 27th Floor Marina Plaza Dubai Marina, PO BOX 334198 Dubai UAE
Office phone no: +971 (0) 4 512 4016
Out of office no: +971 (0) 50 277 0078
Website: www.eliterealtydubai.com
Company Profile: We specialise in Freehold Leasehold property for sale in Dubai and pride ourselves in having a high performance level approach for our industry. Elite Realty Dubai was founded on the ways and ethics of the owners well-run UK based Estate Agency|| implementing high standards and values|| now available in the Dubai Real Estate Market. All our well educated and skilled staff all UK trained and what they say they will do guaranteeing trust|| dependability and above all consistency to all our new|| current and returning clients.

General amenities

  • Off-plan development
  • Flexible Buyer-friendly Payment Plan
  • Bank Finance available on Final Payment
  • Guaranteed rental Programme
  • High-end 5 star hotel standard finishings
  • Serviced Hotel Apartments
  • Completion expected 2018
  • Burj Khalifa District
  • Fully furnished
  • Communal pool

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