The Cube a five-star overseas investment property in Dubai's Sport City
The Cube is a five-star overseas investment property in Dubai's Sport City with a unique and striking design and architecture. The building has front views of the beautiful urban lake landscape and mall park, with the rear view overlooking four impressive stadiums that will host a 12-month calendar of world-class sporting events. The Cube is the first German developed, designed and contracted residential Dubai property project ensuring unrivalled quality.
12 Reasons to Invest in The Cube, Dubai Sports City
- Unsurpassed quality right through from the architectural design, build specifications, quality of materials used, high-end fixtures and fittings
- Fully-furnished
- 50% Profit Share of Net Operating Profit
- 5 Star Hotel Apartments: The Cube condo residence will be run and managed by an International hotel operator, maximizing revenue and occupancy through their brand name and reservation system
- Freehold
- 30 days of FREE usage per annum
- No monthly maintenance charges or fees
- Occupies a prime location in the heart of Dubai Sports City, positioned directly in front of the stadiums and overlooking the urban lake landscape and a golf course that opens up to the southwest
- Outstanding Spa Concept; Schletterer - the experts in wellness & spa have developed an exciting and state-of-the-art operational concept that further boosts the credentials and revenue potential of The Cube
- Proven German Developer With over ten years of experience
- Currently Under Construction: Work began on The Cube site on the 5th June 2007, with project completion scheduled for end of 2009.
- Dubai Sports City will be the centrepiece for Dubai's proposed Olympic bid in 2020.
Situated in the Greatest Sports Location in the World - Dubai Sports City, A winning place for property investment!
The Cube will be located in Dubai Sports City is in the heart of Dubailand. Dubailand will be the world's greatest holiday destination, hosting a mixed use theme park that will dwarf Disney World. Built on 2 billion square feet of land, Dubailand comprises 200 separate projects in 6 themed worlds including a space exploration exhibition, the Snowdome ski experience, an equestrian centre, a Desert World Theme Park, the largest zoo in the middle east and of course Sports City itself. The infrastructure is already in place including the airport built to handle 20 million tourists per year coming to Dubai.
Fully-Furnished Studios and Apartments with Stunning Views
The Cube comprises 561 apartments, Studios, 1, 2 and 3 bedroom apartments The apartment is handed over fully furnished and with all home appliances.
Each residence will feature the following:
- Ultra-modern accommodation
- The majority of apartments open to a large balcony allowing for open style living al fresco with unparalleled views of the lakes, park and stadium.
- Quality finishes of the highest possible German standards run throughout, including use of marble and bright natural stone.
- Fully equipped kitchen with dishwasher, oven, microwave and all electrical items including Washer and Dryer.
- Home theatre system with LCD multi-channel satellite TV
- High speed internet access
- Use of satinized glass for sight protection.
- Allocated parking (included in the price)
- IDD Telephone with voice mail
- Safe
| Type | Size | Prices from | |
| Studio | >544 sq.ft | AED 1,842,533 | |
| 1 Bedroom apartment | >759 sq.ft | ||
| 2 Bedroom apartment | >1289 sq.ft | AED3,087,071 | |
| 3 Bedroom apartment | >2802 sq.ft | SOLD OUT |
Multitude Resort Facilities and Service
As you would expect from a property of this calibre, The Cube will have a full range of facilities including:
- Lobby lounge, café and restaurant
- Garden health club with pool deck, outdoor Jacuzzis, wellness bar and fitness centre
- World Class Spa Facilities: Schletterer - the experts in wellness & spa have developed an exciting and state-of-the-art operational concept that further boosts the credentials & revenue potential of The Cube
- Fully equipped business centre with state-of-the-art conference and meeting rooms
- Book & newspaper shop
Services offered:
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Rental Guarantee
The management company of the condo hotel will offer 50% of the net operating profit generated through a rental program. Being located next to the sports arenas, there will be unrivalled demand for occupation of the units from high-profile sports personalities, athletes, coaches and visitors alike.
The developer will appoint a hotel operator / management group with proven experience in the 5 Star sector that will maximize occupancy through its brand name, reservation system and the necessary advertising and marketing.
The room revenue from all of the apartments within The Cube will be pooled to achieve the Gross Revenue. From this ALL OF THE COSTS associated with the management, maintenance and running of the building are deducted leaving the Net Operating Profit. The Net Operating Profit is then split 50% to the hotel management company and 50% to the owners. The developer believes that the absolute minimum return on investment you could expect to achieve with The Cube is 10%
In addition, you will as an owner be able to use your residence up to 30 days per year. Additional room nights may be rented by the apartment owner for 50% of rack rates subject to availability.
The return on investment owners receive will be proportionate to the level of your investment against the total investment value of all of the apartments within the building. The Cube offers unlimited potential for earnings, there is NO upper limit to the owner's share of profits.
How To Reserve a Unit
There is a reservations fee of AED5,000.
The first down payment of 20% is due within 7 days of signing followed by staged payments throughout the construction.
The Cube will be completed June 2009. To match the expectations of the buyers, owning a property created and built at the highest German standards, the developer has scheduled a period of three months for remedy of defects after completion of construction June 2009. Due to that timeframe, handover will be in final quarter of 2009.
You have the right to re-sell after fulfilling a minimum of 30% payments. There is a 2% transfer frees payable to the developer and 1.5% to the Land department for transfer of ownership (applicable only if you resell after handover). These fees are normally paid by the buyer.
Hot Properties Worldwide is an authorised sales representative of The Cube.
Hot Properties Worldwide is an authorised sales representative of The Cube
