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Emerald Palace (ref. 22414808)

Posted in Categories: Real Estate, Apartments for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1
Posted From: United Arab Emirates, Dubai, Palm Jumeirah

Ad Title: Emerald Palace (ref. 22414808)
Date & Time Listed: 2016-12-01 08:38:36 (GMT)
Type of Ad: Want to Sell
Ad Details:
Emerald Palace Palm Jumeirah Dubai
Hotel Investment with 10% net returns pa (from 1/1/2017)
Room prices from £500,000
14 days free stay per room pa.
Investor Highlights:
It is run by the Kempinski hotel group, world renown operating at very high occupancy levels. In the first year they will achieve 8% return and it will go up by 1% per year up to a maximum of 14% return by 2020 as the hotel becomes fully occupied and hotel rates increase as a result.
You receive 5% guaranteed return on all money invested from day 1, this is throughout construction and will be superseded by the return from Kempinski in the first year of operation.
The hotel room investment programme in the Emerald Palace Kempinski Hotel Palm Jumeirah provides a unique opportunity for a secure investment, ensuring sustainable income with tremendous growth potential.
Emerald Palace Kempinski Hotel Palm Jumeirah Dubai: Investment Scheme:
Sunrise Properties Ltd. (Seller), a 100% subsidiary of EPG Ltd., sells the Hotel Room to an individual Buyer on freehold basis and with a registered title deed.
Upon purchase of the Hotel Room, the Buyer leases it to the operating company (a 100% subsidiary of EPG Ltd.), which will act as an asset management company and the Tenant & Operator of the Emerald Palace Kempinski Hotel Palm Jumeirah.
Kempinski S.A. Hotels will manage the Tenant & Operator under the existing long-term Hotel Management Agreement.
The Tenant & Operator will also take on lease all other facilities and amenities of the hotel, such as F&B outlets, Spa, health club, beach club, children’s club and all installations, required to provide a consolidated property for operational purposes. The Tenant & Operator operates the hotel as a whole and is licensed by Dubai’s Department of Tourism and Commerce Marketing (DTCM) and all other relevant authorities.
40% of the total net income, generated by all Hotel Rooms is pooled and each Buyer is entitled to a proportionate share, corresponding to the area ratio of his Hotel Room to the total square footage of all Hotel Rooms. Moreover, the Buyer shall bear no costs of maintenance, repair, service or operation of his Hotel Room.
Emerald Palace Kempinski Hotel Palm Jumeirah Dubai: A World Of Luxury
An impressive 100,000 square meters, the Emerald Palace Kempinski Hotel comprises 347 luxuriously appointed rooms, of which 36 are exquisitely spacious suites. Surrounded by pristinely landscaped tropical gardens are eight highly appointed royal villas with stunning views of the Palm Lagoon.
The hotel’s wide variety of international restaurants, boutique mall and cinema provide ample dining and entertainment attractions.
Guests can also enjoy a range of water sports, such as scuba diving, snorkelling, sailing, surfing yacht and fishing trips in the Arabian Gulf. Yoga, Pilates and ball games are also available as well as children’s activities and a teen’s club.
Last, but not least, the hotel also avails of first-class business and conferencing facilities, making it attractive not only to leisure travellers, but corporates and business travellers alike.
The Hotel is characterized by its grand design and regal interiors.
Inspired by 18th century continental Europe, renowned consultants Leo International designed the Emerald Palace Kempinski Hotel’s interiors to reflect the majestic era of Louis XV with a contemporary twist that appeals to today’s discerning guests.
Crystal chandeliers, marble and gold and silver leaf plated wood combined with opulent drapery, elegant colour schemes and expansive spaces pay homage to palatial living.
The hotel’s classical design complements the Kempinski Residences and Hotel Apartments Palm Jumeirah, which has been developed in the same architectural style and is located on the adjacent plot.
Emerald Palace Kempinski Hotel Palm Jumeirah Dubai: Guest Room Interiors
The Emerald Palace Kempinski Hotel’s median room size is over 100 square metres and is furnished with bespoke, handcrafted pieces courtesy of traditional Italian furniture craftsman Francesco Molon. Francesco Molon’s interior architects have closely cooperated with the interior design team of Leo International to conceive one of the most impressive interior themes in a luxury hotel. All pieces are hand crafted in Italy and pay homage to the grand tradition of bespoke classical furniture.
Curtains, draperies, crystal chandeliers, carpets and polished marble are carefully hand selected to create an atmosphere of elegance and affluence.
Lavish draperies, linen and crystal tableware complement the living spaces and reputed fittings brands, such as Villeroy & Boch and Grohe, add the finishing touches to the bathrooms.
Emerald Palace Kempinski Hotel Palm Jumeirah Dubai: Outside Facilities For Guests
The Emerald Palace Kempinski Hotel offers guests a welcomed escape from city life with a 500-metre private white-sand beach and 100,000 square metres of lush green gardens.
Guests can enjoy four temperature-controlled outdoor swimming pools (50 x 40 m) in the Resort, including dedicated children’s pools and pool bars, Jacuzzi bays, several beach restaurants with terraced decks and outdoor cabanas.
The grounds also include a mini golf course and adventure playground facilities for children.
During the warmer summer months, guests of the Emerald Palace Kempinski Hotel can beat the heat with a dip in the 25-metre indoor swimming pool, at the squash court or state-of-the-art gym.
The Resort’s 3,000-square-metre mall is home to an array of outlets offering a variety of world-renowned brands, while the cinema, children’s and teen’s clubs will keep the whole family entertained.
An opulently decorated 640-square-metre ballroom with all necessary facilities for grand occasions provides the ideal setting for sensational events with a large number of guests.
Emerald Palace Kempinski Hotel Palm Jumeirah Dubai: Dining Culture
The Emerald Palace
This property is a Flat for sale.

Other Details:
Number of Bedrooms: 1
Number of Bathrooms: 1

Price: 500,000.00 GBP


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