Description
We are delighted to present the rarest of investment opportunities in Dubai, a full floor of furnished apartments in the iconic Burj Khalifa.
Standing a staggering 830 m tall and comprising 163 floors of residential and commercial space, the Burj Khalifa is an architectural marvel that is the truest representation of Dubai's aesthetic and cosmopolitan charm. The bottom 15 levels of the tower are taken up by the five-star Armani Hotel & Residences, and an extensive collection of 900 residences, divided into studios and one to four-bedroom apartments, occupy floors 19 to 108 of the structure.
The portfolio comprises briefly of seven individual apartments equating to:-
One x 1 Bed Apartment
Three x 2 Bed Apartment
Three x 3 Bed Apartment
The seven apartments equate to a NIA of 15,384 sq.ft.
This portfolio is a truly unique investment opportunity. Being fully let it produces a gross rental income of AED 2,120,000.
Burj Khalifa remains the most iconic building in the world with residential demand at an all time high. As Downtown Dubai edges closer to completion the status of the Burj grows and we forecast capital and yield growth over the medium to long term. The portfolio allows for an onward breakup of the apartments for disposal as required and of course the apartments can be re-configured into larger bespoke residences subject to necessary consents.
This portfolio represents a fantastic investment opportunity.
At LuxuryProperty.com we offer a bespoke property finder service for all your real estate needs for Burj Khalifa apartments, Downtown Dubai. We are not just property advisors we pride ourselves on our friendly and professional approach making your next property move an easy one.
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