New Dubai Property Development Released - Elite 6 Residence

April 16, 2008 - PRLog -- Elite 6 Sports Residence is located within Dubai Sports City. Located directly on the Lake offering direct water views and is very close to the Cricket Stadium, very close to the entrance of the City towards the Emirates Rd. Locations within the City do not come much better than this.

Elite 6 Sports Residence is already a great success due to great location coupled with the most competitive pricing while maintaining Quality. Currently apartments in and around the waterfront are retailing at AED 1400 plus / sq ft. This PRE LAUNCH  is priced 10-20% below similar developments within the same location.

According To Independent reports Dubai Sports City is expected to have a minimum occupancy short term rental rate of 76% due to the fact that the Master Developer of Dubai Sports City has limited the number of Hotels to only Two within the City, average Rental Returns are Expected at 15%-20% Per Annum. Dubai Sports City is the first of its kind purpose built sports city in the world, with four stadiums, and a purpose built golf course,"The Els Club". The course was opened by the creator and golfer himself, Ernie Els, ranked 5th in the world and the former Open and US Open champion. "The Els Club" is the first completed venue at Dubai Sports City and also the first The Els Club in the world. The attraction of high profile residents to Dubai Sports City is
inevitable  so international schools and medical facilities are to be created alongside hotels and a shopping destination which will be a sports-themed retail mall with a leasing capacity of approximately 1.2 million square feet.

With more capital being invested in real estate here than any region anywhere in the World, Dubai is a property market that few investors can afford to ignore. Unprecedented demand, strong rental returns and advanced infrastructure make Dubai a highly desirable investment destination. However, as indicated in the Dubai Market report (see below), due to the enormous diversity of investment options available in Dubai, choosing an investment can be difficult. The most important factors are to know exactly who your target market is, ensure your product is unique, know your investment is safe and be certain you invest in the right quality at the right price.

Find Me A Property Ltd are therefore delighted to offer an investment that fits all those criterias; a sophisticated living residence in the heart of Dubai Sports City. The Elite 6 Sports Residence is one of Dubai's most innovative design structures with stunning views over the central lake and spectacular urban skyline. Designed and developed by acclaimed architects and finished to the highest standards, the resort will appeal to a wide range of elite clientele including various high profile sports personalities and VIPs.

Dubai Market Report

Capital Appreciation
Dubai properties have risen by more than 20% in the past 2 years – Dubai property is still set to see estimated growth in excess of 12% per annum

Tax Free
No Capital Gains Tax, No Income Tax or Inheritance Tax

Dubai Property Prices
Dubai properties are still far cheaper than most major cities – if you could invest in London Docklands 10 years ago would you? Yes

Demand vs Supply
85,000 Dubai Properties are being built per year – 52,000 Residency permits are applied for every month! The supply of Dubai properties is not expected to meet the demand for years to come

Dubai Property Rental Rates
Rental rates in Dubai have increased vastly year on year with increases between 20% - 40% in the last 2 years alone

Tourism
The increase in tourism is clear for everyone to see

1.9 Million Visitors in 2000
5.4 Million Visitors in 2005
15 Million Visitors expected by 2010
Dubai will be a Worldwide destination

Dubai is creating a destination with something for everyone – From beautiful beaches, largest shopping malls in the world to the spectacular Dubailand development, 3 times the size of Disney World in Florida and much much more…

Attractive Exchange Rate
The UAE Dirham is pegged to the US Dollor

Dubai’s Business District
Dubai is the business hub of the Middle East, with a 24 hour stock exchange and Business Bay under way, Dubai’s Manhattan! Offering prime commercial & residential investment opportunities

Year Round Sunshine and a Cosmopolitan Community
Dubai offers a cosmopolitan lifestyle with an array of entertainment options to suit every taste

For more information go to http://www.findmeapropertyindubai.com/elite_6_sports_resi...

Website: www.findmeapropertyindubai.com