First Sale
APARTMENT FOR SALE IN PORTOFINO HOTEL, THE HEART OF EUROPE

Buy Back Guranteed | Private Island | 100% Return on Investment

Property Type:

Apartment

Property Size:

577 sqft / 54 sqm

Bedrooms:

1

Bathrooms:

1


2,232,000 AED

Own this from just

9,317 AED/month

Property Consultant usually responds within 30 minutes



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Location

Map

Portofino Hotel

Dubai, The World Islands, The Heart of Europe

Agent

Residential Insights
Portofino Hotel
Community Insights
The World Islands
Apartments and villas

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Description

Portofino is set to become the premier five-star family-exclusive hotel and resort in the region. This project is a sanctuary for both investors and families, boasting authentic Italian architecture, picturesque landscapes, a charming harbor, crystal-clear waters, and breathtaking views of the sea and the Dubai skyline.

Comprising of three expansive wings, the hotel offers captivating views of the sea, beach, and pools/gardens, each named after beloved Italian terms: Bellissima, Dolce Vita, and Felicita. This luxurious family-oriented establishment features the Kingdom of Portofino kids club and the La Donna ladies club and spa. Each suite is designed with ample storage space, a dedicated kid’s bedroom, and a playroom equipped with toys.

Key Features:
- 463 lavish suites with balconies.
- Every suite includes a kid’s room and a playroom filled with toys.
- A lobby adorned with 514 aquariums.
- The Kingdom of Portofino kids club.
- The La Donna ladies’ spa and lounge.
- Seven cultural festivals held annually.
- Five swimming pools, including an Olympic-size pool.
- Direct access to the family section of Rainbow Beach.

SPECIAL DISCOUNT AVALABLE FOR CASH BUYERS
Price for a standard unit starts from 2.4 million AED, offering spacious accommodations of 78 square meters. Project completion is set for 2024, with a flexible payment plan of 30%-20%-20%-30%.

Investors can start earning returns on their investment immediately upon full payment, even before the project is completed.

This investment opportunity promises significant returns:

100% return on investment within 12 years.
An annual net return of 8.33% (without any additional fees).
Enjoy 14 days of free stay per year.
Real estate value on the islands expected to increase fourfold.

Transactions for Similar Properties

1 Bed Apartment in Portofino Hotel

Sold for

DateAEDArea (sqft)
3 Oct 20231,800,000591
18 Sep 20232,035,250678
18 Sep 20232,035,250591
25 May 20221,727,0552,596
21 Sep 20201,850,0001,183

Rented for

DateAED/yearArea (sqft)

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This property costs 24% less than the average price of 1 bedroom in The World Islands

Average Sale Price is 2,928,069 AED

This property is 37% smaller than the average size of 1 bedroom in The World Islands

Average size is 913 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in The World Islands


Get the right mortgage for you

300,000 AED35,000,000 AED
20%
446,400 AED1,785,600 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

9,317 AED

with interest rate of

3.89%

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Reference:

patriot-7661158

Listed:

2 months ago

Broker ORN:

17286


DLD Permit Number:

1060475140


2,232,000 AED

Own this from just

9,317 AED/month

Property Consultant usually responds within 30 minutes

Report this listing

Own this property from just

9,317 AED /month

Fixed rates from: 3.89%

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