First Sale
APARTMENT FOR SALE IN PORTOFINO HOTEL, THE HEART OF EUROPE
"Axis Real Estate presents an exquisite opportunity with this stunning property.
This Price is the Launch Price! Price May Vary Subject to Availability from Developer.
Approximate Selling Price - 3,433,133 AED
For Investors
• Guaranteed Return of Investment of 8.33% Net Annually
• 100% Guaranteed Return and Freehold after 12 Years
• 14 Days Free Stay for every Unit purchased
• No Service Charges, No Maintenance Fees, No DEWA Fees
After 12 Years, Investors can
• Sell their unit with a very high Capital Appreciation
• Remain as a share holder to obtain a 40% share of the Overall Hotel Pool
• Extend a guaranteed 8.33% Net ROI Annually
Portofino will be the first five-star family-only hotel and resort in the region. The project is an investors and families’ haven with authentic Italian architecture, landscape and harbor, clear waters and stunning views of the sea and the Dubai skyline.
The hotel comprises of 3 expansive wings offering atmospheric and open views over the sea, the beach and the pools / gardens, each named after popular Italian terms that evoke the charm of Italy: Bellissima, Dolce Vita, and Felicita. This upscale family hotel is home to a kids club -Kingdom of Portofino - and a ladies club and spa - la Donna. All suites have huge storage space, a kid’s bedroom and a playroom equipped with toys.
Company name:
Axis Real Estate Brokerage LLC
RERA ORN: 29843
Address: 1908, Westburry Tower, Business Bay, Dubai, UAE
Office phone no: +97145722298
Primary email: info@axisrealestate.ae
Website: axisrealestate.ae
Company Profile: Axis Real Estate firm specializing in investment sales and leasing of both commercial and residential properties."
See all transactions in this location
Luxury Lifestyle | Modern Structure | Easy PP
Property Type:
Apartment
Property Size:
847 sqft / 79 sqm
Bedrooms:
1
Bathrooms:
1
Location
Portofino Hotel
Dubai, The World Islands, The Heart of Europe
Agent
Hussain Al Shakri
AXIS REAL ESTATE BROKERAGE L.L.C
(3883 Properties)
Amenities
Balcony
Barbecue Area
Description
This Price is the Launch Price! Price May Vary Subject to Availability from Developer.
Approximate Selling Price - 3,433,133 AED
For Investors
• Guaranteed Return of Investment of 8.33% Net Annually
• 100% Guaranteed Return and Freehold after 12 Years
• 14 Days Free Stay for every Unit purchased
• No Service Charges, No Maintenance Fees, No DEWA Fees
After 12 Years, Investors can
• Sell their unit with a very high Capital Appreciation
• Remain as a share holder to obtain a 40% share of the Overall Hotel Pool
• Extend a guaranteed 8.33% Net ROI Annually
Portofino will be the first five-star family-only hotel and resort in the region. The project is an investors and families’ haven with authentic Italian architecture, landscape and harbor, clear waters and stunning views of the sea and the Dubai skyline.
The hotel comprises of 3 expansive wings offering atmospheric and open views over the sea, the beach and the pools / gardens, each named after popular Italian terms that evoke the charm of Italy: Bellissima, Dolce Vita, and Felicita. This upscale family hotel is home to a kids club -Kingdom of Portofino - and a ladies club and spa - la Donna. All suites have huge storage space, a kid’s bedroom and a playroom equipped with toys.
Company name:
Axis Real Estate Brokerage LLC
RERA ORN: 29843
Address: 1908, Westburry Tower, Business Bay, Dubai, UAE
Office phone no: +97145722298
Primary email: info@axisrealestate.ae
Website: axisrealestate.ae
Company Profile: Axis Real Estate firm specializing in investment sales and leasing of both commercial and residential properties."
Transactions for Similar Properties
1 Bed Apartment in Portofino Hotel
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 5 Nov 2023 | 2,000,000 | 766 |
| 31 Oct 2023 | 1,800,000 | 852 |
| 18 Sep 2023 | 2,035,250 | 678 |
| 25 May 2022 | 1,727,055 | 2,596 |
| 21 Sep 2020 | 1,850,000 | 1,183 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
 There are no transactions to display | ||
Powered byDataGuru
This property costs 35% more than the average price of 1 bedroom in The World Islands
Average Sale Price is 2,533,413 AED
This property is 15% bigger than the average size of 1 bedroom in The World Islands
Average size is 738 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
Estimate your monthly mortgage payment
Monthly payment
14,318 AED
with interest rate of
3.89%
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Reference:
axis-8463065
Listed:
16 days ago
Broker ORN:
1050587
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Own this from just
14,318 AED/monthHussain Al Shakri usually responds within 5 minutes
Own this property from just
14,318 AED /month
Fixed rates from: 3.89%
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