Downtown Dubai - The Sterling

Brief Overview

Property Ref: ELI-S-7942
Price: Sale 985,000.00 AED
Type: Apartment
Location: Burj Khalifa District
Bathrooms: 1
Bedrooms: 0
Built up Area: 500 Sq.Ft
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Downtown Dubai Luxury studio apartment, ready 2019 with Burj Views and optional 4 year post handover payment plan. There are very few, truly luxurious apartments available in the Downtown and Business Bay areas but this is one of those developments not to be over looked and offers extremely high-end fitments and finishings. The remaining units now have optional payment plans attached with the 'show-home' ready to view. 

This stunning twin tower development bridges the gap between Downtown ‘business smart’ and ‘happening chic’. Its two towers’ façade featuring a silver chrome finish, reflecting the best of all worlds. A 21st century architectural expression, it is built to conserve resources in an environment that requires high energy use for cooling so is constructed in an orientation that minimizes the building’s exposure to daylight without compromising internal natural light.

Created by the world-renowned interior designer Steve Leung (with more than 100 design awards), The Sterling welcomes you the minute you step inside. A startling balance of minimalism and warmth takes over within this contemporary world, elevating the idea of home – with a touch of sterling silver.

Residents and their privileged guests, discover amenities that will surpass any to be found outside. Swimming pools, lounge areas and elevated public gardens effortlessly continue the sense of luxury. Made up of two towers (East & West Houses), with a connecting hall that make up the high ceilings lobby, retail spaces, and the elevated gardens. Every little detail in The Sterling is hand-picked to serve a higher purpose. It exudes cosmopolitan luxury. Each House comes with variety of apartment sizes and layouts to accommodate every lifestyle expectation.

Payment Plans - Option 1 - 50% during construction with 50% due on completion. Option 2 - 50% during construction with 50% due over 4 years POST handover

This particular unit offers one bathroom, fitted kitchen which comes with appliances, ample living area and views of famous Burj Khalifa.

The price shown is for option 2, the 4 year POST handover payment plan and discount can be applied when opting for option 1

Why clients choose Elite Realty Dubai?

  • Our British sales and rental teams are based in Dubai
  • We have been selling here since 2003 and are experts in Dubai residential property
  • We specialize in the 'New Home' investor market
  • We achieve some of the best rental yields and capital growth currently available
  • We offer a large variety of investment projects throughout Dubai
  • We are unbiased- therefore will guide you to invest in the right property for your needs
  • We have a local rate telephone number and no call centres
  • Each client deals with the same sales person from start to finish
  • They trust in our long-term view, knowledge, integrity, experience, reliability, dedication and commitment to providing exceptional service

 

The Sterling

FREEHOLD Studio, 1 and 2-bedroom luxury apartments, The Burj Khalifa District, close to Downtown Dubai

Strategic location, high-end finishing, unique twin building design, private member club

 

•             Prices from: Studios SOLD OUT, 1 beds from AED 1,858,710, 2 beds from AED 2,049,341, 3 beds from AED 3,044,338

•             Size Range:  Studios 500 sq.ft, 1 bed from 1002 sq.ft , 2 beds from 1,704 sq.ft, 3 beds from 1,741 sq.ft., 

•             Average Price per sq.ft:  AED 1,925

•             Expected completion date:  1st Quarter 2019

•             Expected service fees per sq.ft: AED 21-30 (IN LINE WITH AVERAGE DOWNTOWN DEVELOPMENTS)

•             Expected rental returns:  6% gross

•             Show home available to visit by appointment

 

The Sterling bridges the gap between Downtown ‘business smart’ and ‘happening chic’. Its two towers’ façade featuring a silver chrome finish, reflecting the best of all worlds. A 21st century architectural expression, it is built to conserve resources in an environment that requires high energy use for cooling so is constructed in an orientation that minimizes the building’s exposure to daylight without compromising internal natural light.

Created by the world-renowned interior designer Steve Leung (with more than 100 design awards), The Sterling welcomes you the minute you step inside. A startling balance of minimalism and warmth takes over within this contemporary world, elevating the idea of home – with a touch of sterling silver.

Residents and their privileged guests, discover amenities that will surpass any to be found outside. Swimming pools, lounge areas and elevated public gardens effortlessly continue the sense of luxury. Made up of two towers (East & West Houses), with a connecting hall that make up the high ceilings lobby, retail spaces, and the elevated gardens. Every little detail in The Sterling is hand-picked to serve a higher purpose. It exudes cosmopolitan luxury. Each House comes with variety of apartment sizes and layouts to accommodate every lifestyle expectation.

 

Key Features

•             Twin Towers of Grd + 25 storey, offering 274 studios, 1 and 2-bedroom luxury apartments

•             Centrally located and within walking distance to the centre of Downtown Dubai

•             Neighbours include the Burj Khalifa, The Palace Hotel and the Opera District

•             Facilities include elevated landscaped gardens, gymnasium, Spa, Swimming Pools, retail

•             High-spec interiors designed by Steve Leung with Bosch kitchen appliances

•             Show home available to visit by appointment

 

PAYMENT PLANS

OPTION 1 - On Completion Payment Plan
1st Installment    Deposit (10 days)    10% + 4% DLD     

2nd Installment    Within 60 days of Reservation Date    10%    

3rd Installment    On completion of 6th floor structure     10%    18-Jan

4th Installment    On completion of 25th floor structure   10%    18-Jul

5th Installment    On Facade substantially complete        5%    19-Jan

6th Installment    On Completion    50%     
            
            
OPTION 2 - 4 Years Post Completion Payment Plan
1st Installment    Deposit (7days)    10%+4% DLD     

2nd Installment    within 60 days of Reservation Date    10%     

3rd Installment    on completion of 6th floor structure     10%    18-Jan

4th Installment    on completion of 25th floor structure   10%    18-Jul

5th Installment    on Facade substantially complete       10%    19-Jan

6th Installment    On Completion    10%     
7th Installment    within 180 days from completion    5%     
8th Installment    within 360 days from completion    5%     
9th Installment    within 540 days from completion    5%     
10th Installment   within 720 days from completion    5%     
11th Installment   within 900 days from completion    5%     
12th Installment  within 1080 days from completion    5%     
13th Installment  within 1260 days from completion    5%     
14th Installment  within 1440 days from completion    5%     

Why Invest? 

  • Burj Khalifa district within a short walk of Dubai Mall and Fountains maximizing rental income
  • 5* Hotel quality finishes, design and concept
  • Construction just commenced allowing for maximum capital growth
  • Distinctive ‘TWIN’ building design to ‘stand-out’ from the ‘norm’
  • POST-Completion investor friendly payment plans  
  • Opulent onsite recreational facilities

 

 

 

 

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

  • Under construction development
  • Expected rental Yield of over 6%
  • Optional Post-completion Payment Plan over 4 years
  • Flexible Buyer-friendly Payment Plan
  • High-end 5 star hotel standard finishings
  • Good Capital Growth expected
  • Burj Khalifa District
  • Gated / 24 hours security
  • Communal pool
  • Kitchen white goods

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