Flat 124 м² in Dubai, UAE (United Arab Emirates)

ID D1181_RITZ_CARLTON_RESIDENCES_BUSINESS_BAY

In the 18-story Ritz-Carlton Residences, there will be 66 ultra-exclusive fully furnished residences, including apartments with 1-3 bedrooms, only 2 three-bedroom penthouses, and an incredible four-bedroom two-story villa located on the 4th and 5th floors. Excellent residential amenities will be provided at the podium level inside the building, with a dedicated staff to cater to the needs of each resident. The entire project is inspired by classical Greek statues, with numerous sculptures, paintings, and photographs in every space.

Location highlights:

• CLOSE TO THE CITY CENTER
• NEAR MOST MAJOR DUBAI LANDMARKS
• 5 MINUTES DRIVE TO DUBAI MALL
• SPECTACULAR VIEWS OF THE CITY
• EASY ACCESS TO AL-KHAIL ROAD
• EXCELLENT TRANSPORTATION LINKS
• INCREDIBLE VIEWS OF THE CITY
• SURROUNDED BY FINE DINING RESTAURANTS
• LESS THAN 20 MINUTES DRIVE TO DXB AIRPORT
• LESS THAN 5 MINUTES DRIVE TO BUSINESS BAY
• GREAT LOCATION FOR BUSINESS PROFESSIONALS

Amenities:

• SWIMMING POOLS
• CAFÉ
• LIBRARY
• RESIDENTS-ONLY SPA CENTER
• RELAXATION AREAS
• BAR
• CONFERENCE HALL
• GYM
• CIGAR ROOM
• PLAYGROUND
• CONCIERGE
• 12-SEATER CINEMA
• MENU SERVICE

Areas and Prices:

• 1 BEDROOM - FROM 124 SQ. M. FROM 5,828,000 AED
• 2 BEDROOM - FROM 237 SQ. M. FROM 9,957,000 AED
• 3 BEDROOM - FROM 364 SQ. M. FROM 19,236,000 AED

Local Infrastructure:

• SUPERMARKETS: Choithrams Bay Square, Al Maya supermarket, Spinneys, Carrefour
• PUBLIC TRANSPORTATION: METRO - Business Bay, BUS - Avanti Tower, Capital Gold Tower
• SCHOOLS/NURSERIES: Maple Bear Preschool, Jumeirah International Nursery, JSS Private School, Global Indian International School
• MEDICAL FACILITIES: Excellence Medical Center, Monroe Medical Center, Baton Medical Center, Aster Business Bay Clinic
• RETAIL/F&B: Dubai Mall, Boulevard retail center, within the hotel premises,
• GAS STATION: ADNOC Business Bay
• ATTRACTIONS: Burj Khalifa, Dubai Mall, Dubai Fountains, Meydan Mall

The impressive interiors of these fully furnished residences will be designed by Anna Mussina from Paris, who will bring a touch of French flair to the warm, yet bright open plan layouts. Finishes will include oak floors in the living areas, travertine with chevron pattern and Osso floors in the bathrooms. Custom-designed kitchen countertops will be covered in marble, and walls and mirrors will be framed with bronze inserts. Marco Mandjili from the Milan-based MMA Projects is the project architect.

Key features:

• ALL RESIDENCES WILL HAVE FLOOR-TO-CEILING WINDOWS AND BALCONIES
• PENTHOUSES WILL HAVE EXTENSIVE TERRACES ON ALL 4 SIDES WITH 360-DEGREE CITY VIEWS
• 2-4 STORY APARTMENTS WILL HAVE PRIVATE SMALL POOL AND POOL-SIDE TERRACE, AS WELL AS MAID'S ROOM AND EN-SUITE BATHROOM
• THE 4BR VILLA WILL INCLUDE A PRIVATE GARDEN, 50-FOOT POOL, OFFICE, PRIVATE ELEVATOR, MAID'S QUARTERS, SHOW & BOH KITCHEN, GALLERY, AND TERRACES

Benefits of buying:

• FREEHOLD RESIDENCES AVAILABLE TO CITIZENS OF ALL NATIONALITIES
• RESIDENCES, AMENITIES, AND STAFF WILL BE MANAGED BY THE RITZ-CARLTON BRAND
• GLOBALLY RENOWNED MANAGEMENT COMPANY
• HIGHLY REPUTABLE DEVELOPER WHO PREVIOUSLY DEVELOPED MAMA RESIDENCES IN BUSINESS BAY
• ABOVE-AVERAGE INVESTMENT RETURNS
• EXTREMELY EXCLUSIVE RESIDENCES
• GREAT LOCATION AND TRANSPORTATION ACCESS
• EXCELLENT BUILDING AND NEARBY HOTEL AMENITIES
• INDIVIDUALIZED SERVICES AND MENU SERVICE OFFERED TO ALL UNIT OWNERS

Payment Plan: 50/50 (5% deposit)

Investment Yield: 7%

Developer Information:

The Khamas Group of Investments Co was founded by Abdul Karim Khamas over a hundred years ago, and has grown alongside the development of the United Arab Emirates. Most notable in the construction industry, it has become a globally recognized company with its diversified ventures in hospitality, FMCG, manufacturing, franchising, and education. Khamas has developed 9 top-quality hotels, 14 restaurants, and 2 spa salons located worldwide.

Need to know:

• SERVICE CHARGE: AED 45-65 PER SQ. FT
• DEDICATED PARKING: YES (UNDERGROUND)
• RESALE POLICY: OUTSIDE PLAN AFTER 40% PAYMENT