Culture Village - Palazzo Versace

Brief Overview

Property Ref: ELI-S-9108
Price: Sale 12,750,000.00 AED
Type: Apartment
Location: Al Jadaf
Bathrooms: 3
Bedrooms: 2
Built up Area: 3768 Sq.Ft
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Reduction Beautifully designed and furnished three bedroom apartment in 7 star hotel, within new growth district. We are confident that the Palazzo Versace in Dubai will be one of the most sought after addresses in the world. A further benefit to any owner is the ability to introduce the property into the 7* Hotel Pool for which the property is let out on a managed basis for whatever period of time you desire. This will prove very popular for investors given the likely high return on investment that will be generated.

This three bedroom luxury apartment comes fully furnished from the wonderful 'Versace Collection' right down to the cups and saucers. You need to see these elegant residences to believe how beautiful they actually are. No detail has been overlooked so if you are looking for a 7 Star address to call home then look no further. 

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

Palazzo Versace

FREEHOLD 1 to 6-bedroom Condominiums, Culture Village

Brand new opulent residences within 7* Hotel, centrally located on Dubai Creek

 

  • Start Prices:  1 Beds SOLD OUT, 2 Beds from AED 9,307,298, 3 Beds from AED 17,511,747, 4 & 5 beds SOLD OUT, 6 beds from AED 60,809,338 (prices shown are fully furnished)
  • Approx. Size Range*:  2 beds 2,017 to 2021 sq.ft, 3 beds 2,448 to 2,803 sq.ft, 6 bed 14,326 sq.ft.
  • Price per sq.ft;  AED 3,150 to 3,500 & AED 4,660 furnished
  • Expected service fees per sq.ft:  27 AED
  • Expected rental returns:  5% gross 
  • Rental Pool available
  • VERSACE Furniture ‘FIT-OUT’ offered
  • Deposit required to reserve a unit: 10%
  • Name of constructor:  Arabtec
  • Arabtec is famous in Dubai and has completed the luxurious La Reve in Dubai Marina and The Fairmont Hotel
  • Finance available through all banks
  • Show home free to view

*Indicated property sizes will vary where balconies and outdoor areas are available

 

PALAZZO VERSACE is an exclusive, luxury development set in the heart of the Culture Village precinct, less than 15 minutes away from Dubai International Airport and 8 minutes away from Burj Khalifa and Downtown Dubai.

The Palazzo Versace Dubai Hotel and Condominiums are magnificently located in a premium waterfront plot with unobstructed views of the Dubai Creek.  The 215 hotel rooms and suites and 169 residences are furnished exclusively from the Versace Home Collection.  Surrounded by beautiful landscaped gardens it is Dubai’s most prestigious address.

Featuring a striking entrance, high ceilings and a range of well-crafted Italian furnishings, the hotel is truly symbolic of the truly iconic style reflecting the vision of Gianni Versace.

A further benefit to any owner is the opportunity to submit your apartment into the 7* Hotel Pool from which the property is let out on a managed basis for the period of time you desire.

Culture Village is anticipated to become a central destination in the heart of Dubai located between Business Bay Crossing and Al Garhoud Bridge.

 

 

Key Features

  • 7-Star ‘Designer’ Hotel
  • Desirable waterside living, positioned centrally within Culture Village on Dubai Creek, located between Business Bay and Al Garhoud Bridges
  • World-famous VERSACE designed fixtures, fittings & furniture
  • Optional fully furnished with Versace décor including linen
  • All residences come with Miele appliances or equivalent, incorporating fitted oven with gas cook top, microwave and dishwasher, Tber parquetry flooring throughout bedrooms, stone mosaic tiling throughout living areas, kitchen and bathrooms. Other superior fixtures include multi-zoned air conditioning & front door intercom with video screen.
  • Condominium residents have full access to hotel amenities including 24-hour security & Concierge, Valet-parking, restaurants, hotel bars, gym, luxury spa, three lagoon pools including one with sandy beach & landscaped gardens
  • Neighbouring the iconic D1 Tower (completed), Anantara Hotel and the Museum of Middle Eastern Modern Art (both in planning).
  • Walking distance to a Metro Station and water taxis

 

Finance

Brand new COMPLETED properties

*Up to 75% loan to value mortgages available

*Terms and conditions apply

 

Why Invest? 

  • Branded 7 Star Hotel and Residences make this highly desirable
  • Positioned within mixed use development located in new growth district with 150 integrated retail shops, restaurants, cafes and entertainment venues within walking distance
  • Immense growth area, with limited buildable space
  • Centrally located for business, pleasure and accessibility and under 10 minutes’ drive to Downtown/Burj Khalifa district.
  • Waterside Living generates demand
  • Luxury completed properties allow instant rental returns and immediate access
  • Managed Rental Scheme offered
  • Completed properties allow for easy finance

 


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

  • Completed brand new property
  • Bank Finance available on Final Payment
  • Rental pool available
  • High-end 5 star hotel standard finishings
  • Award winning Architects and Interior Designers
  • Serviced Hotel Apartments
  • Good Capital Growth expected
  • New growth area
  • Close to Metro Station
  • Communal pool

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