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Taktical Realty Group
  • Broker: Taktical Realty Group
  • Agent name: Farah Qasim
  • RERA BRN: 386
  • Reference number: TCK-S-3497
  • Permit number: 15128
  View all our properties for sale
AED 3,905,977

Vida Residence - 2BR with Panoramic views of Burj Khalifa and Downtown Boulevard

Downtown Dubai, Dubai created 15.03.2016, updated 28.06.2017
Property verified Print Report
  • Price Price
    3,010 aed/ft²
  • Deal type Deal type
  • Property type Property type
  • Size Size
    1298 ft2
  • Bathrooms Bathrooms
    2
  • Bedrooms Bedrooms
    2
Vida Residence - 2BR with Burj View in Downtown Unit is above 25th floor so have maximum views of Downtown Skyline including views of the Fountain & Burj Khalifa

VIDA Residences are the fully serviced and furnished 4 Star Hotel Apartments located on the Boulevard across the road to Blvd Central Towers. This Apartment has a panoramic view of Burj Khalfa & the Downtown Boulevard and its magnificient Skyline. Rental incomes will definitely be in excess of 10pct once the Project is complete in 2018.

Building Completion on 20/05/2018


Call Farah Qasim @ (call us

The APARTMENT for SALE Features:
Built-up Area of 1,298 sq. ft.
2-Bedroom Apartment
2 Ensuite Bathrooms
1 Powder Room
with 10% Premium
Community view

Features:
Fully equipped gymnasium
swimming pool
Kids play area
Reading area

Location:
Located in Mohammed Bin Rashid Boulevard
adjacent to the newly opened Vida Hotel

This will be definitely be one of the best Investments in Dubai, as not only will it provide a phenomenal growth in capital gains over next 2-3 years, but once its ready it will certainly achieve over 10% net rental return on the original Investment. Main reasons for this expectation includes: i) the whole area is set to grow for sure over the next 3-4 years. Downtown has become the primary target for rich overseas Investors mostly interested in a 2nd home and therefore you can already see the prices of Address Blvd & Address Fountain Views nearing AED 4,000 per sqft now.

VIDA Downtown therefore presents the best opportunity, as premiums are still in single digits. iii) VIDA Downtown was launched January, 2014 & Original prices were between 2,400 to 2,500 per sqft. This is the first of the 4 star serviced hotel residences, as Address are 5 Star Hotel Residences. Location is prime on the main Boulevard. Already the VIDA Hotel is fully operative and is very highly reputed for their services and high occupancy and having the best fine dining restaurants in the area.

Vida Residence is linked to Vida Hotel via an air-conditioned bridge connecting the podium levels of the residences to the hotel amenities. This link will give tenants an easier access to the hotel offerings and also the unit holders will be able to place their units in the Hotel Pool. Expected returns from a 2 Bed will easily be in the range of 450-500k. That will mean that with a high demand of 5 Star Investments which yield ROI of 6-7% net, the prices of such units will easily shoot up in the range of 6-7.0M Dhs. iv)

VIDA RESIDENCE is situated in a prime location within the most prestigious square kilometre in the world. It is a 57-storey serviced apartment tower, sitting on a 3-level podium. It offers one to four-bedroom apartments with refined fixtures and contemporary design combining international style with local touches to create an environment of understated elegance. With carefully selected materials appealing to a wide range of tastes, your apartment will be a true work of art.

DOWNTOWN DUBAI - Here lies the gateway to such icons as the truly majestic Burj Khalifa, The Dubai Mallthe globes largest shopping and entertainment destination, the highest performing fountain, The Dubai Fountain and At.mosphere, the worlds highest dining destination. Downtown Dubai, described as The Centre of Now, provides an incomparable lifestyle of urban living with world class dining, leisure and retail attractions. Downtown Dubai is an iconic destination like no other.

Thank you for your interest on this listing. Are you ready to invest and become a home owner in Dubai? Or would you need an expert Real Estate Broker to clarify few matters?

Please CallFarah Qasim @ (call us

You may also call us at 800-TAKTICAL (call us ) or visit our website www.takticalrealty.com if you are interested to invest and buy property or if you are an owner ready to sell / lease. Choose TAKtical Realty Group Offering Reliable Real Estate Solutions.

STR no. 386/8083/14/05/0071
RERA Ad Permit No. 7116

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