The Crescent - ROYAL BAY

Brief Overview

Property Ref: ELI-S-6887
Price: Sale 2,979,583.81 AED
Type: Apartment
Location: Palm Jumeirah
Bathrooms: 2
Bedrooms: 1
Built up Area: 1380.31 Sq.Ft
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These properties are amazing value and perfect for the end-user and investor due to the pivotal location on the Palm and the amazing 30/70 payment plan. This particular property offers one bedroom, two bathrooms, fully fitted kitchen with spacious living and dining areas and private balcony with views over the Atlantis Hotel.

 

ROYAL BAY

Freehold 1 & 2-bedroom luxury apartments and 3 & 4-bedroom penthouses, The Palm Jumeirah

Superior sea front fully serviced and furnished residences with exceptional payment plan

 

•             Price range: 1 bed from AED 2,736,475, 2 beds from AED  4,250,364, 3 & 4 bed penthouses from AED 16,189,921

•             Size Range*: 1 bed 976 to 1,389 sq.ft, 2 bed 1,715 to 2,007 sq.ft, 3 & 4 bed penthouses – on request

•             Price per sq.ft from: AED 2,063

•             Payment Plan: 10% Deposit with 10% during construction and 80% due on completion

•             Expected completion date: December 2017

•             Expected service fees: AED 15-20 per sq.ft. per year

•             Expected rental returns: 5 - 6% gross

•             Name of constructor: VICC - Venco Imitiaz Construction Company 

•             VICC is one of the largest contractors and helped to build much of this regions infrastructure  

 

Royal Bay Residence, a collection of just 90 fully-serviced residential apartments, on the crescent of Palm Jumeirah, has been designed with 45-degree orientation to allow all the living rooms, kitchen and bedrooms to get sea views.

Overlooking the picturesque skyline of Dubai Marina, Atlantis and Burj Al Arab, among other landmarks, Royal Bay is offering a unique chance to secure a place in one of the few remaining developments on the eighth wonder of the world.

Contemporary architecture blended with a supreme level of comfort and flair. It's a home with a resort feel - direct beach access, swimming pools, gymnasium, recreational options, landscaped gardens and concierge services are few of the many features of the development",

Owning a one-, two- or three-bedroom unit on the crescent is an enticing proposition as Palm Jumeirah continues to lead the Dubai market in both rental yield and property value retention

Key Features

•90 luxury fully serviced residential apartments – 1 & 2 bedrooms plus 3 & 4 bedroom penthouses

•Focal sea-front position with outstanding views (City Skyline, Arabian Sea and Atlantis Hotel) 

•Eye-catching wave-like design and architecture built to maximise light and provide sea views from every room

•Contemporary interiors with high-end furnishings with minimalist design, modern open kitchen/living layout with fully equipped with state-of-the-art- European appliances and integral white goods & expansive windows

•All bedrooms come with en-suite bathrooms built to the highest standards with high-end European fixtures.

•Facilities include private beach access, communal pool, state of the art gym and sauna, fine-dining restaurant, full hotel services including room service, daily cleaning & laundry service, landscaped gardens, 24-hour concierge and security and ample parking for both residents and guests

•Easy accessibility to new shopping mall, five star hotels and beaches

•Finance available: Maximum 75% LTV mortgages on completion

PAYMENT PLAN

Deposit 10%

10% due during remaining construction

80% due on Completion of Project 

 

Why Invest? 

•Stylish sea-front residence, ideal for investors and owners

•Superb value and low prices offered compared to completed properties on the Palm

•Fantastic 20/80 buyer-friendly payment plan so high ROI opportunity

•Hotel-style facilities and services

•An Iconic Address on the World’s Largest Man-Made Island

•Positioned with 5 star neighbours

•One of only a few residential projects on the Crescent

•High-end luxury development attracting affluent buyers on completion

 

Palm Jumeirah

Developed by Nakheel Property and built on the Persian Gulf, Palm Jumeirah is known throughout the world as an architectural wonder and is considered to be one of the hottest destinations and top attractions to Dubai visitors.

Given the shape of a palm tree with a crescent shaped water barrier it's trunk and fronds are surrounded by the crescent. In total there are 16 fronds with the mainland connected to the crown by a bridge. Some of the worlds' leading hotel groups have located themselves on the 11km's of crescent including The One and Only, The Atlantis, The Waldorf Astoria, Anantara, Rixos, Kempinski and Sofitel to name a few and with all the facilities on the Palm, has now become a Luxury and exclusive community of its own, yet still only minutes away from all the other wonders Dubai has to offer.

Residential and hotel apartments, townhomes and detached villas are available on the Palm Jumeirah with most shoreline apartments located in front of the sea. Signature Villas, Garden homes and townhouses also provide wonderful beach homes for its residents.

The Trunk of Palm Jumeirah offers an excellent area of living with high quality and well finished homes, beachside living, cafes and restaurants. The major attraction of The Trunk is Tiara Residence, Oceana, Shoreline Apartments, Marina Residence, The Golden Mile, The Fairmont Palm Hotel & Resort and The Fairmont Palm Residence with more to follow.

The Fronds offers unique homes for living and feature stunning beachside residence apartments that give amazing sea views. They also have easy access to the Monorail and the subsea tunnel that is linked to the other parts of the development.

Residents and visitors of Palm Jumeirah get many amenities within the area. In addition to the fantastic choice of 5 star hotels and the facilities they boast, there is also an excellent choice of cafes, Pubs, bars and restaurants located on the Island giving it a lively nightlife. Communal Swimming Pools, Spas and Gymnasiums along with communal beach areas, which are available to the relevant villas and apartments, together with park areas with integral running tracks are all part of Palm life.

Dependant on location on the Palm it can take only 5-20 minutes to travel off the Palm and into the centre of Dubai so all facilities such as schools, hospitals, shopping malls are still a stone's throw away. The Palm Jumeirah has it all to offer those wanting a unique exclusive address within the very heart of Dubai.

Location

Within 5 minutes drive off Sheikh Zayed Road, close to Dubai Marina.


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
  • Flexible Buyer-friendly Payment Plan
  • High-end 5 star hotel standard finishings
  • Completion expected 2017
  • Good Capital Growth expected
  • Established community/district
  • Sea/ water view
  • Gated / 24 hours security
  • Communal pool
  • Communal gym

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